A California Superior Court has upheld the Digital Financial Assets Law, which includes a $1,000 daily withdrawal limit for cryptocurrency ATMs. The law also requires crypto ATM operators to obtain licenses and comply with fee limits and new disclosures. California Court Upholds Bitcoin ATM Withdrawal Limit The California Department of Financial Protection and Innovation (DFPI) […] Source CryptoX Portal
While the Harris campaign isn’t taking crypto contributions directly, Future Forward USA, is a major source of support for Harris, and the development is, at minimum, possibly a signal that Democrats are warming to cryptocurrencies. Harris’ opponent in the presidential election, Donald Trump, has courted – and won – support from crypto fans and companies. The presidential administration in which Harris serves has been strongly criticized by the industry for what’s viewed as an anti-crypto stance. Source
Este artículo también está disponible en español. Over the past seven months, the price of Bitcoin has moved in a range between $73,777 and $49,000, significantly depressing sentiment across the market. In a new analysis published via X, Will Clemente III, co-founder of Reflexivity Research, addresses the prevailing sentiment of impatience and uncertainty among investors, sharing why he still remains bullish. Clemente’s bullish sentiment draws from a long-term perspective over the next decade. Drawing upon his expertise in portfolio construction and asset allocation, Clemente emphasized the importance of identifying major…
Last month, CoinDesk reported that KfW, the largest development bank in Germany, teamed up with Boerse Stuttgart Digital (BSD) in preparation for a digital bond issuance. Italy’s state-owned development bank Cassa Depositi e Prestiti SpA (CDP) and lender Intesa Sanpaolo also completed a bond issuance on Polygon in July. Both issuances were part of ECB trials. Source link
Tether and Mahidol University International College (MUIC), a prestigious institution in Thailand known for its diverse and international academic programs, have signed a Memorandum of Understanding (MOU) to integrate stablecoin, blockchain, and peer-to-peer (P2P) technology into MUIC’s curriculum. This collaboration will feature workshops, guest lectures, and research projects aimed at enhancing finance education and fostering […] Source CryptoX Portal
Este artículo también está disponible en español. A recent Quicktake analysis on the on-chain analytics platform CryptoQuant highlighted how Bitcoin’s short-term holders’ (STH) behaviour is similar to that of 2019. This analysis comes as Bitcoin remains below $60,000, continuing the bearish September trend. Peak In Bitcoin’s Short-Term Holders Similar To 2019 Structure CryptoQuant contributor Avocado_onchain noted that there had been a “small peak” in Unspent Transaction Outputs (UXTOs) under six months, which resembles a similar structure observed in 2019. The analyst explained that these UXTOs under six months are new…
As if this weren’t all entertaining enough, the project is reportedly aided by a cast of characters who, in other times and other contexts, might give campaign-vetters pause. They include Zachary Folkman, listed in the white paper as World Liberty Financial’s head of operations, and Chase Herro, its data and strategies lead. A limited liability corporation for World Liberty Financial is registered to Folkman, who, along with Herro, is the co-creator of Subify, which bills itself as a censorship-free competitor to both Patreon and OnlyFans – both services that let…
An address connected to the hack of Indian crypto exchange WazirX is suddenly moving millions of dollars in Ethereum (ETH), according to the cybersecurity firm PeckShield. PeckShield says that the hacker transferred the ETH stash to Tornado Cash, a coin-mixing service that facilitates anonymous digital asset transactions. “WazirX Exploiter-labeled address has transferred 2600.1 ETH (worth ~$6.5 million) to Tornado Cash…” Source: PeckShield/X The stolen ETH was part of the July 18th hack of WazirX, which resulted in the theft of more than $230 million in digital assets. Blockchain tracking firm…
Este artículo también está disponible en español. Chainlink (LINK) is at a crucial level after a sharp 22% retrace from recent local highs, sparking concern among investors and analysts. The recent downturn is compounded by unsettling on-chain data that suggests Chainlink’s network activity may weaken, adding to the uncertainty surrounding the asset. This decline in activity, coupled with broader market volatility, has heightened fears of further losses. Related Reading If the current bearish sentiment persists, LINK will likely test the next significant demand level around the lower $9 mark. This…
Is Bitcoin on the verge of a major breakout, or will September’s economic indicators confirm the bearish sentiment that has kept the market in limbo for weeks? Bitcoin waiting for its next signal For the past few weeks, the crypto market has been treading water, with prices stubbornly stuck in a tight range. Bitcoin (BTC) has been hovering around the $60,000 mark, often dipping just below it and struggling to maintain any momentum above this level. As of Sep. 3, BTC is trading at approximately $57,500, a level it has…