North Carolina Rejects Federal Digital Currency, Overrides Governor’s Veto

The North Carolina General Assembly has overridden Governor Roy Cooper’s veto to enact a bill prohibiting a central bank digital currency (CBDC) in the state. The Senate voted 27-17, securing the required supermajority. The bill bars payments using CBDC and state participation in Federal Reserve testing. This bill reflects strong opposition to CBDCs and emphasizes […] Source CryptoX Portal

Former FTX Executive Caroline Ellison’s Sentencing Hearing Set for Sept. 24

“Ms. Ellison has been the focus of intense media scrutiny and Internet fascination since the outset of this case, including from Sam Bankman-Fried’s repeated efforts to release Ms. Ellison’s private information to the media,” the filing said. “Because Ms. Ellison’s friends should not be subject to harassment and doxing because they have written to the Court, Ms. Ellison seeks leave to redact their names and other identifying information from the publicly filed version of the letters and her sentencing memorandum.” Source

BNB Weekly Active Addresses Surge Over 6%

Este artículo también está disponible en español. Since March, the price of BNB, previously also known as Binance Coin, has barely fallen below $500, despite the broader crypto market downturn. Following heavy losses from major cryptocurrencies, BNB has shown some impressive resistance to the price drop, supported by strong demand. Related Reading Despite this strength, the latest BNB price forecast by CoinCodex still estimates the coin could rise by 25% and reach $650 by October 10, 2024. Meanwhile, investor sentiment is bearish, and the Fear & Greed Index also stands…

Ramp Network Expands Crypto Services to All 50 US States

Ramp Network, a fintech company, has extended its cryptocurrency purchasing services to encompass all 50 U.S. states, including the District of Columbia. This growth, Ramp explained on Tuesday, broadens its user base by adding support for 17 more states, making it easier for users to buy and sell digital currencies. Ramp Network Covers 50 States, […] Source CryptoX Portal

Financial Giant State Street Launches 3 Digital Asset ETFs With Galaxy

Financial giant State Street Global Advisors has launched three digital asset and disruptive technology exchange-traded funds (ETFs) in collaboration with Galaxy Asset Management, focusing on blockchain, AI, and volatility management. These actively managed ETFs aim to capture market inefficiencies and adapt to the evolving digital asset space, offering investors exposure to cutting-edge technology trends through […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Japan’s Metaplanet Increases Bitcoin Holdings By $2 Million, Here’s How Much BTC It Owns Now

Este artículo también está disponible en español. Japanese early-stage investment company Metaplanet purchased an additional $2 million worth of Bitcoin today, reaffirming the firm’s trust in the leading digital asset. ‘Japanese MicroStrategy’ Bolsters Its Bitcoin Reserves In an announcement on September 10, 2024, Metaplanet said it had increased its cryptocurrency holdings by 38.464 BTC, bought for approximately 300 million yen ($2 million). The latest purchase brings Metaplanet’s total holdings to 398.832, with a total aggregate cost of 3.75 billion yen ($26 million), averaging slightly above $65,700 per BTC. Related Reading…

Bitcoin Sees 2 Consecutive Heikin Ashi Signals On The Weekly Chart, What This Means

Este artículo también está disponible en español. Crypto analyst Jesse Olson has highlighted the second consecutive Heikin Ashi signal on the Bitcoin (BTC) weekly chart. This comes despite Bitcoin’s recent rise to as high as $58,000, which suggests that a bullish reversal might be on the horizon.  What The Heikin Ashi Signal Means For Bitcoin While highlighting the second consecutive Heikin Ashi on Bitcoin‘s weekly chart, Olson also noted that there was no wick to the upside, which suggests that the downside trend is likely to continue. The crypto analyst…

Bitcoin (BTC) Price Nears $58K Ahead of Harris-Trump Debate; Crypto Markets Exposed to Short Squeezes, Says Analyst

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