We are certainly going to commence enforcement actions on anyone who wants to operate in this market and does not have the intention of being regulated, Emomotimi Agama, the SEC’s Director General said. Source
Este artículo también está disponible en español. In August, the Cardano (ADA) ecosystem experienced significant growth across several key metrics, coinciding with the anticipated Chang upgrade, which was successfully implemented on September 1. Despite the bearish market sentiment that affected ADA’s price during this period, the Cardano Foundation reported increased investor activity and blockchain usage. August Highlights In a recent social media post, the Foundation detailed the performance of various transaction types within the ecosystem. Notably, smart contract transactions surged by 31%, while metadata transactions (excluding smart contracts) grew by…
Spanish telecom giant Telefónica has joined Privado ID as a systems integrator to develop new digital identity solutions using decentralized technology. According to a press release shared with crypto.news, Telefónica Tech, Telefónica’s digital business unit will work with Privado ID to create secure, privacy-centric services that comply with the latest European regulations on digital identity. Privado ID, previously known as Polygon ID, was spun off from Polygon Labs in June 2024. The project specializes in privacy-focused digital identity solutions, enabling on-chain verification while safeguarding user privacy. The partnership comes as…
Michael Saylor, Executive Chairman at Microstrategy and known bitcoin proponent, gave his personal prediction about the long-term price of the cryptocurrency. On CNBC’s Squawk Box, Saylor stated that BTC would reach $13 million in 21 years and explained that, at some point in the future, bitcoin would trade at S&P 500 volumes plus 8% due […] Original
CoinspeakerBNB Faces Mixed Sentiment: Could Price Rebound Be Imminent? Binance Coin BNB$520.624h volatility:2.8%Market cap:$75.97 BVol. 24h:$616.73 Mremains a prominent player in the cryptocurrency market, supported by Binance’s leading position among exchanges. However, recent market activity around BNB, especially amid the ongoing legal issues faced by Binance’s co-founder Changpeng Zhao (CZ) has attracted significant attention. A close look at BNB’s technical and on-chain analysis reveals a mix of bearish sentiment and potential for a price rebound. Recent data from Hyblock Capital indicates a “short imbalance” for BNB, where more traders are…
We have signed a Memorandum of Understanding (MoU) with the National Crime Agency (NCA) that sets out how both organisations will cooperate to improve the UK’s cyber resilience. The aim of this work is to ensure that organisations across the country can better protect themselves from criminals who steal data and hold it to ransom. The MoU reaffirms our commitment to providing relevant, up to date information sharing on cyber security matters, to support improved cyber security, and to provide guidance on how change can be implemented. Specifically, we are…
Este artículo también está disponible en español. A 50 basis points (bps) interest rate cut by the US Federal Reserve (Fed) starting this month might adversely affect Bitcoin (BTC) price, 10x Research cautions. 50 BPS Rate Cut Could Spook The Market After it had started hiking interest rates back in March 2022 to contain rampant inflation due to COVID-related supply chain bottlenecks and money printing, the Fed is now set to commence slashing interest rates to stimulate the economy. However, there is a possibility that by initiating a 50 bps…
Crypto investors have started depositing stablecoins in centralized exchanges, showing potential bullish momentum for Bitcoin and altcoins. According to data provided by Santiment, the total exchange net inflow of the top three stablecoins — Tether (USDT), USD Coin (USDC) and Dai (DAI) — reached $141.2 million in the past 24 hours. BTC price, stablecoin exchange net flows – Sept. 10 | Source: Santiment USDT alone saw a net inflow of $101.95 million, followed by USDC’s $34.87 million, per data from Santiment. DAI, the third-largest stablecoin by market cap, recorded an…
On-chain data shows the Ethereum adoption rate has hit a four-month high, which could be bullish for the cryptocurrency’s price. Ethereum Network Growth Has Shot Up Recently According to data from the on-chain analytics firm Santiment, the ETH blockchain has recently created many wallets. The indicator of relevance here is the “Network Growth,” which keeps track of the total number of new addresses appearing on the network daily. Naturally, an address is considered to have been used when it made its first transaction on the chain. The Network Growth counts…
Japanese investment firm Metaplanet keeps allocating Bitcoin, this time buying $2 million worth of crypto. Tokyo-listed investment firm Metaplanet has continued its aggressive Bitcoin (BTC) accumulation strategy, purchasing ¥300 million ($2 million) worth of Bitcoin, according to a Sept. 10 filing. The company acquired more than 38.4 BTC, bringing its total Bitcoin holdings to over 398.8 BTC, valued at approximately $22.7 million at current market prices. Metaplanet, which adopted Bitcoin as a reserve asset earlier this year, has ramped up its crypto investments amid Japan’s economic struggles and the depreciation…