Republican Lawmakers File Amicus Brief in Support of Custodia Bank’s Legal Battle With the Federal Reserve

In Custodia’s complaint, lawyers for the Wyoming-based bank argued that a master account was “vital to Custodia’s ability to operate effectively and efficiently,” and that the Fed’s continued waffling on the decision was detrimental to Custodia’s customers – and, furthermore, indicated a “black box bureaucratic process with no clear rules” that allowed it to “act in complete secrecy, whenever and however they choose.” Source

Ethereum Saw Crucial Rejection, Can Bulls Save This Support?

Ethereum saw a major rejection near the $1,420 zone against the US Dollar. ETH is down over 6% and remains at a risk of a drop below the $1,220 support. Ethereum started a fresh decline from the $1,420 resistance zone. The price is now trading below $1,300 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $1,325 on the hourly chart of ETH/USD (data feed via Kraken). The pair could recover, but it might face sellers near the $1,285…

World’s Largest NFT Marketplace Opensea Reveals Drop Improvements, Arbitrum L2 Support – Blockchain Bitcoin News

The largest non-fungible token (NFT) marketplace by sales volume, Opensea, has announced a new “immersive and secure minting experience” by giving NFT creators the ability to showcase “collections with dedicated drop pages and greater discoverability” on Opensea’s new homepage. Moreover, the company also announced on Tuesday that the NFT marketplace will soon support the layer two (L2) protocol Arbitrum. Opensea Announces NFT Drop Improvements and Arbirtum L2 Support Opensea has made a number of changes and it just recently revamped the NFT market’s homepage. The NFT marketplace is the largest…

Solana Holds Key Support To Avoid Drowning, How Long Can This Last?

The price of Solana (SOL) has been volatile against tether (USDT), causing more pain for hodlers. Despite showing such strength, the price of Solana (SOL) has risen from $30 in recent weeks to around $45, as many investors hoped for more relief rallies to around $60. Solana (SOL) prices were rejected and have continued to fall with no significant bounce. (Data from Binance) Solana (SOL) Price Analysis On The Weekly Chart  SOL’s price dropped from $250 to around $30, representing a drop of more than 70% from its all-time high.…

Bitcoin Barely Holds Onto $20,000 Support

In this episode of NewsBTC’s daily technical analysis videos, we provide a weekly wrap up on Bitcoin price action and look ahead into what might be a critical weekend for crypto. VIDEO: Bitcoin Price Analysis (BTCUSD): September 16, 2022 Overall, there isn’t all that much more to report this week. Bitcoin is still struggling to maintain support and continues to creep lower and lower. We could get some sort of larger movement soon, however. The LMACD is close to crossing bearish on the daily.  Sometimes, although the crossover looks all but…

Ethereum Faces Test Of Survival After Merge, Can $1,400 Support Hold?

After showing so much strength as the price rallied from $1,024 to a region of $2,000 against tether (USDT) ahead of the anticipated merge, many call for a bull run and a $4,000 Ethereum price at the end of the “Ethereum Merge.” The price of Ethereum has not shown that run it showed in recent months as the price has struggled to break above $1,800. (Data from Binance) Ethereum (ETH) Token Price Analysis On The Weekly Chart  ETH saw a decline in its price from $4,500 to around $1,024, with…