Hubbis and Independent Reserve bring you this week's Crypto News and Market Trends – Cryptocurrency Volatility Amid Traditional Market Turbulence.

Chainlink’s LINK price is moving higher above the $7.25 resistance. The price is now consolidating gains and might aim for more upsides above $7.50. Chainlink price is showing positive signs above $7.25 against the US dollar. The price is trading above the $7.30 level and the 100 simple moving average (4 hours). There is a […]

“That Would Be The Road To Hell For America.” I will never not enjoy that clip. “Clown world” has become so much more than just a meme. Here in the US, but relevant for Europe as well, we have had two tribes within the energy generation industry that have been at-odds for the better part […]

The Seychelles-based cryptocurrency exchange platform HTX, formerly known as Huobi, fell victim to a significant hacking incident resulting in the theft of 5,000 ETH, currently valued at approximately $8 million. While the crypto community is concerned about how a popular exchange like HTX might be the victim of such an event, Huobi advisor Justin Sun […]

MicroStrategy, the renowned business intelligence firm and Bitcoin enthusiast, has just made a substantial purchase of BTC to its already impressive Bitcoin holdings. Michael Saylor, co-founder and executive chairman of MicroStrategy, took to social media platform X (formerly Twitter) on September 25 to reveal the acquisition of 5,445 BTC. MicroStrategy has acquired an additional 5,445 […]

As lawmakers attempt to button up crypto with new rules worldwide, a 1% Tax Deducted at Source (TDS) in India has stifled certain traders en masse, illustrating how some regulatory tailoring may be needed, according to Shardeum Co-Founder and President Nischal Shetty. Effectively asking crypto traders to set aside 1% of every transaction for tax […]

The United Arab Emirates (UAE) ha clearly emerged as one of the world’s leading crypto hubs, thanks to its innovation-friendly regulations and its knack for luring fintech-savvy entrepreneurs. That’s according to a Chainalysis report released Wednesday, which cites a combination of federal and municipal reforms as reasons for the UAE’s crypto boom. The UAE Government’s […]

An ETH wallet tied to Mexican national Mario Alberto Jimenez Castro was allegedly used for illicit fentanyl sales in the United States.

In a noteworthy development, the price of Loom Network ($LOOM) has recently reached its highest level since December 2021, surpassing the $0.126 mark before a minor correction. This surge in value has caught the attention of crypto enthusiasts and investors alike, prompting a closer examination of the potential factors behind this impressive rally. Source: Santiment […]

[PRESS RELEASE – Please Read Disclaimer] 1xBit has always made giant strides towards staying ahead of the game, and its new addition of two payment methods – Arbritrum and Algorand – is enough proof of that fact. Let’s have a deeper look into the advantages of each of the payment methods to lend credence to […]

When can traders expect high volatility of XRP?

Coinbase has suspended its plans to acquire FTX Europe, a move that was aimed at enabling it to enter into the European derivatives market. This turn of events happened as a response to the regulatory challenges in the US crypto market. Coinbase targeted FTX Europe due to its profitable derivatives operations under the Cyprus regulatory […]

An anonymous reader writes: Chase UK, JPMorgan's UK Bank, has told its customers that it will not carry out transactions related to crypto assets.

Cardano (ADA) finds itself at a pivotal juncture as it tests its longstanding support at $0.24. This critical level has held firm for nearly three years, emerging as a significant accumulation point for savvy investors.  The recent daily candle hints at a somewhat neutral stance in the market. This slight uptick in price suggests a […]

Alliance Bernstein (AB), a prominent $646 billion asset manager, has predicted that the Bitcoin and crypto fund management industry is poised for remarkable growth, potentially reaching a staggering $650 billion within the next five years.  This forecast comes on the heels of recent developments that have bolstered the outlook for institutional adoption of Bitcoin by […]

After two years of experiments, JPMorgan and the Bahraini bank will offer U.S. dollar payment settlement in several countries, with plans to expand to euro service as well.

The Federal Reserve has published a paper exploring the benefits and use cases of tokenizing real-world assets (RWA) on blockchains. In a paper titled “Tokenization: Overview and Financial Stability Implications,” Fed researchers say RWAs such as stocks, bonds, real estate and commodities are already being tokenized. According to the paper, asset tokenization harnesses the power […]

A closely followed crypto strategist thinks that the leading smart contract protocol Ethereum (ETH) is positioning for a year-end surge. Pseudonymous analyst Inmortal tells his 199,000 followers on the social media platform X that Ethereum will likely see significantly higher prices before 2023 expires. In the coming weeks, however, the analyst says that ETH could […]

Paul Grewal, Coinbase’s CLO has expressed his dissatisfaction with the U.S. Securities and Exchange Commission (SEC) for opposing their collaboration with Celsius, a defunct cryptocurrency lending platform.  Coinbase is proud to engage with Celsius to distribute crypto back to its customers. I wonder, why would the SEC object to a trusted US public company taking […]

During his criminal trial slated to start next week, FTX founder and former CEO Sam Bankman-Fried won’t be able to tell the jury about his charitable works or the time he spent behind bars since his bail was revoked, according to a judge’s order on Tuesday. Addressing a series of motions from federal prosecutors and […]

The United States Securities and Exchange Commission (SEC) has declared a delay of its decision to approve Ark 21 Shares spot Bitcoin exchange-traded fund (ETF) until the new year, extending to the maximum deadline. Ark Invest and 21 Shares joined forces to apply for the Ark 21Shares Bitcoin ETF, persistently advocating for its approval for […]

The Seychelles-registered cryptocurrency exchange OKX released its 11th consecutive monthly Proof of Reserves (PoR) report which encompasses 22 commonly used digital assets and shows balances of $11.2 billion in primary assets. OKX is the only crypto exchange that has made it a ritual to publish PoRs for almost a year with which the platform revealed witnessed […]

Shiba Inu, XRP, Bitcoin, Ethereum can now be used by HSBC customers to pay bills

In simple terms, cryptocurrency is a form of digital or virtual currency that uses blockchain technology for secure financial transactions. Unlike …

Maker DAO’s MKR has recorded a big push amid the slight uptick in the broader cryptocurrency market. Yesterday, September 25, the token rose from a low of $1,265 to a high of $1,343.  Although most tokens struggle to recover, MKR consolidated on its upswing with an impressive 5% 24-hour increase. MKR trades at $1335, striding […]

In a recent analysis conducted by ChatGPT, three tokens have emerged as the top picks for 2023: Dogecoin (DOGE), Polygon (MATIC), and Shiba Budz (BUDZ). These tokens have gained significant attention from investors and are poised for success in the coming year. Let’s delve into the driving force behind these tokens and explore why they […]

As the world of cryptocurrency continues to expand, Bitcoin remains the most well-known and extensively used digital currency. It has established itself as a valuable store of value and a potential inflation hedge. However, many fans and investors are wondering whether Bitcoin can transition from being solely a store of wealth to a mainstream form […]

AnchorWatch, a leading insurer specializing in safeguarding Bitcoin holdings for commercial entities, announced a successful $3 million funding round today. The round was led by Ten31, with notable participation from Axiom BTC, Bitcoin Magazine Fund, Timechain, Bitcoin Opportunity Fund, and other investors. The infusion of capital will empower AnchorWatch to fulfill regulatory requirements and capital needs, […]

An intriguing chart shows a close relationship between U.S. 10-year Treasurys and Bitcoin halving price rallies.

The CEO of crypto exchange BitGo, Mike Belshe, is offering his opinion on why a spot Bitcoin (BTC) exchange-traded fund (ETF) has yet to be approved by the U.S. Securities and Exchange Commission (SEC). In a new interview on Kitco News, Belshe says politics are playing a major role as to why there’s no spot-based […]

Crypto asset management firm, Bitwise, has recently submitted an extensive report to the United States Securities and Exchange Commission (SEC) regarding the academic research surrounding the Bitcoin (BTC) futures market.  This move comes as part of Bitwise’s efforts to amend its existing application for a Bitcoin Exchange-Traded Fund (ETF) through NYSE Arca. The Bitwise Position […]

In a recent move, HSBC has started accepting crypto payments for settling mortgage bills and loans. The bank will be accepting Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and some meme coins. Moreover, HSBC will join forces with a blockchain-based payments processor, FCF Pay to allow the feature through a recently launched system made by FCF […]