The president of cryptocurrency exchange FTX US, Brett Harrison, has announced he will be transitioning into an advisory role in the next few months. In a Sept. 27 announcement on Twitter, Harrison said he will be resigning his position as FTX US president but will remain with the exchange โwith the goal of removing technological barriers to full participation in and maturation of global crypto markets, both centralized and decentralized.โ Harrison has worked as FTX US president since May 2021, following a job at Citadel Securities. โI canโt wait to…
Month: September 2022
Bitcoin price loses $20K as trader warns US dollar ‘not quite topped out’
Bitcoin (BTC) crossed under $20,000 after the Sept. 27 Wall Street open as United States equities inched higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView U.S. dollar has room to run โ trader Data from Cointelegraph Markets Pro and TradingView confirmed the $20,000 mark barely remaining as tentative support on the day. BTC/USD had managed local highs of $20,344 on Bitstamp overnight, while retracing U.S. dollar strength gave modest relief to risk assets across the board. The S&P 500 and Nasdaq Composite Index had been up 0.4% and 0.65%, respectively,…
MPCH Raises $40M for New Crypto Security Product
Liberty City Ventures, which incubated the startup, led the funding round Source
MPCH Raises $40M for New Crypto Security Solution
CryptoX – Cryptocurrency Analysis and News Portal Liberty City Ventures, which incubated the startup, led the funding round Original Source The post MPCH Raises $40M for New Crypto Security Solution appeared first on CryptoX. CryptoX Portal
The British pound collapse and its impact on cryptocurrency: Watch the Market Report
On this weekโs The Market Report show, Cointelegraphโs resident experts discuss why the British pound is at its all-time low and how that might impact the cryptocurrency market. To kick things off, we break down the latest news in the markets this week: Bitcoin gains 5% to reclaim $20K, eyes first โgreenโ September since 2016 A classic snap of sideways trading action sees Bitcoinโs (BTC) price aim higher, but concerns remain over what happens next. Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it added over 7% after…
Microsoftโs M12 Leads $20M Strategic Funding for Blockchain Data Platform
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Crypto Exchange FTXโs President Brett Harrison Stepping Down
Harrison didn’t say what he else he would be doing next, but noted that โIโm remaining in the industry with the goal of removing technological barriers to full participation in and maturation of global crypto markets, both centralized and decentralized,โ Harrison added. Source
Blockchain Securities Trading Doesnโt Need More Rule Changes, EU Agency Says
But respondents have complained the rules need tweaking, since traditional finance norms donโt always work in crypto land. While trade in stocks, say, would need to be reported within one minute, validating a bitcoin transaction can take as much as one hour, they note. Source link
๐จSEC TARGETS ETHEREUM & CRYPTO INFLUENCERS – CFTC RIPPLE XRP๐จ
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io SEC sues crypto influencer Ian Balina over ICO on Ethereum blockchain and includes language of control over Eth as security. CFTC commissioner Caroline Pham visits Ripple office to learn about XRP. ๐Sponsor – Signup with Uphold. ๐ Get the Ledger Nano X to Safely store your Crypto – ๐ฅ iTrust Capital – โ Become a Channel Member – ๐ฅ Sign up for the Free Thinking Crypto Weekly Newsletter ๐ฅ Easily do your Crypto taxes, I personally use this service – ๐ฅ Sign…
LINK Hits 6-Week High, UNI up 16% on Tuesday โ Market Updates Bitcoin News
Chainlink hit a six-week high during Tuesdayโs session, as the token rose for a sixth consecutive session. The move saw the token rally past a key resistance level in the process. Uniswap was also in the green, with prices climbing by as much as 16% earlier in the day. Chainlink (LINK) Chainlink (LINK) rose for a sixth straight day on Tuesday, which took the token to its strongest point since mid-August. After trading at a floor of $6.55 last Wednesday, LINK/USD has rallied in back-to-back sessions, with today seeing prices…