Canto, Astar blockchains plan migration to Ethereum ecoystem as layer 2s
cointelegraph.com

By inheriting Ethereum’s security, Canto will be more decentralized and will enable trustless guarantees when bridging assets over, Polygon Labs said.

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XRP Removed From Important List: Pro-Ripple Lawyer Comments
cryptopotato.com

While XRP’s price is performing relatively well throughout the past week, adding over 6% to its dollar value, the cryptocurrency has been removed from an important list. On Monday, the New York Department of Financial Services announced that it’s taking an update to its virtual currency oversight framework. The entity included new criteria for how […]

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Ripple Sells 105 Million XRP, Here's What's Behind This Move
u.today

Blockchain behemoth Ripple caught making enormous XRP transfers, while XRP price goes up

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Solana Eclipsing Ethereum? Wall Street Veteran’s Top Altcoin Pick Emerges
www.newsbtc.com

Solana (SOL) has captured the attention of former Goldman Sachs executive Raoul Pal, who recently declared it one of his standout altcoin choices and a potential contender to Ethereum’s dominance. In a new interview, Pal highlighted Solana’s unique strengths, emphasizing its unrivaled speed and performance, qualities that have even prompted payments giant Visa to choose […]

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End of Crypto ‘Capitulation Phase’ May Be Near: CoinShares Analyst
cryptonews.com.au

Despite crypto prices rising, institutions continue to serve at the behest of the bears, according to the latest report from CoinShares. Bitcoin (BTC) was the most sold digital asset by a wide margin, accounting for 85% of all institutional activity, and marking $45 million worth of outflows. James Butterfill, head of research for CoinShares, considers […]

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‘I Just Want to Keep Things Moving’: Judge Makes No Ruling in SEC-Binance Document Dispute
cryptonews.com.au

Judge Zia Faruqui did not make any rulings on the SEC’s discovery requests or Binance.US’s opposition. D.C. District courthouse (Jesse Hamilton/CoinDesk) Drive the Crypto Policy Conversation Forward October 24, 2023 • Convene • Washington D.C.Where the industry establishes the digital economy’s legal, regulatory and compliance best practices for the future.Register Now WASHINGTON, D.C. – A […]

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22-year-old Google techie loses Rs 67 lakh through crypto investment – BusinessToday
www.google.com

Even though Nguonly continues to invest in cryptocurrency, he only invests in Bitcoin and Ethereum and stays away from less reliable options. SUMMARY.

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Cardano, Solana and XRP See Institutional Inflows While Bitcoin and Ethereum Investments Slide: CoinShares
dailyhodl.com

Digital assets manager CoinShares reports that Cardano (ADA), Solana (SOL) and XRP products are bucking the trend of an otherwise pessimistic institutional investment climate. In its latest Digital Asset Fund Flows Weekly Report, CoinShares says investors are currently less optimistic as reflected in outflows over eight of the last nine weeks totaling over $450 million. CoinShares finds […]

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Hut 8 Obtains Supreme Court Approval for USBTC Merger in Canada
www.financemagnates.com

Hut 8, the Canadian Bitcoin mining firm, has received final clearance from the Supreme Court of British Columbia to proceed with its planned merger with US Bitcoin (USBTC), according to a report by Cointegraph. This merger, initially announced in February 2023, will create “New Hut,” a publicly-traded U.S.-based entity. One of the key highlights of […]

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Former Andreessen Horowitz execs launch Bastion after $25M funding round
cointelegraph.com

The Web3 startup came out of stealth mode after a seed funding round led by a16z crypto, enabling firms to integrate web3 infrastructure into their existing enterprise technologies.

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Current Popular Crypto Narratives That Would Spearhead The Next Bitcoin Market Bull Run
nulltx.com

The crypto market has been in a bear market for the past few months, but there are signs that the next bull run is on the horizon. Here are some recent, current, and popular crypto narratives, including RWA, that will spearhead the next Bitcoin market bull run: Institutional Adoption Institutional adoption of crypto is one […]

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Is The Bitcoin Price Rally Sustainable? On-Chain Data Provides Crucial Insights
www.newsbtc.com

Bitcoin has been trending up since hitting a local low below $25,000 on September 11th. Yesterday’s rally to $27,435 marked a 10% increase from the recent low. As NewsBTC reported, the rally was largely led by the futures market and a massive increase in open interest of over $1 billion, more than half of which […]

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Judge Denies SEC’s Request to Inspect Binance US Software
crypto-economy.com

In the latest developments to the Binance-SEC dual, the judge has denied the federal regulator’s request to grant immediate access to Binance US software. According to the September 18 Bloomberg report, Judge Zia Faraqui asked the Securities and Exchange Commission (SEC) to be specific with its information request and denied its request to gain access […]

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Canto and Astar Blockchains Consider Moving to Ethereum as Layer 2
crypto-economy.com

The Canto blockchain has become the latest chain to migrate to Ethereum as a layer 2 ZK rollup, whereas Astar has expressed similar plans. If the plans of Astar are finalized, the blockchain will shift from the Polkadot ecosystem to Ethereum. Canto is a permissionless general-purpose blockchain that is fully EVM compatible. It aims to […]

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Judge ‘Not Inclined’ to Allow SEC Access to Binance Software
cryptopotato.com

As the world’s leading crypto exchange continues its battle against the SEC – and other U.S. regulators – requests for extra documentation abound. Judge Accuses SEC Of Overreach Earlier this week, the SEC complained about the quality of information made available to its personnel, stating that Binance and its U.S. arm had only turned over […]

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BTC, ETH and XRP Price Analysis for September 18
u.today

Can currencies bounce back to midterm rise?

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PayPal Shares First PYUSD Report as Stablecoin Market Fades to $131 Billion
cryptonews.com.au

When PayPal unveiled PYUSD last month, it highlighted the stablecoin’s potential for payments on a global scale. But the token’s first transparency report suggests its adoption has a long way to go—despite PYUSD being up against competitors with problems of their own. The company that issues PayPal’s stablecoin, Paxos Trust, said it held $45.3 million […]

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Bitcoin leads <b>cryptocurrency</b> surge ahead of Federal Reserve's decision | Kalkine Media
www.google.com

This decision is expected to impact cryptocurrency prices, mirroring its effect on the Dow Jones Industrial Average and S&P 500 in the stock market.

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Five Arrested for Scheme That Robbed $76,000,000 From Victims of Crypto and Gold Scam: Report
dailyhodl.com

Five people have reportedly been arrested in Thailand for allegedly fleecing millions of dollars from victims in a crypto and gold investment scheme. According to a new report from the Bangkok Post, Thailand’s Cyber Crime Investigation Bureau (CCIB) says that four Chinese nationals and a Lao citizen have been arrested in connection with perpetrating a […]

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The Evolution of CBDCs – What to Expect Next
www.financemagnates.com

Central Bank Digital Currencies (CBDCs) have sparked considerable attention in the financial sector. These digital versions of traditional fiat currencies, backed by central banks, are altering the financial landscape. As we approach a significant financial transformation, it is critical to understand the growing environment of CBDCs and forecast what the future holds. We look at […]

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Spiderchains: A Proof Of Stake Second Layer
bitcoinmagazine.com

 This is an extension to my previous article series discussing the different sidechain proposals that exist. Those articles can be found here: Spacechains, Spacechain Use Cases, Softchains, Drivechains, Federated Chains, and Trade Offs Of Sidechains. Botanix Labs has proposed a completely new sidechain design recently, called spiderchains, for the purposes of porting the Ethereum Virtual […]

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Lawyer who laundered $400M from OneCoin scam denied new trial: Report
cointelegraph.com

A lawyer who laundered $400 million from the OneCoin scam has been denied a new trial despite arguing there were legal mistakes and false testimony in the original trial in 2019.

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Solana Seeing Dark Clouds? Trader Predicts Steady Bottom Formation
www.newsbtc.com

Solana (SOL) has been making positive noise recently with a surge in its price. However, one crypto strategist known as Altcoin Sherpa on the social media platform X, believes that the euphoria may be short-lived.  Despite last week’s notable rally, Altcoin Sherpa argues that Solana is still trapped in a downtrend, casting doubts on the […]

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Ethereum ICO Whale Deposits 6,000 ETH Into Kraken, Sparks Selling Pressure Speculations
nulltx.com

In a significant move in the world of cryptocurrency, an Ethereum whale recently deposited a substantial amount of 6,000 ETH (Ethereum) into the Kraken exchange, with a current valuation of approximately $9.96 million. This transaction, occurring just 50 minutes ago, has piqued the interest of the crypto community due to the whale’s unique history as […]

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Base and zkSync Era Outshine Ethereum Mainnet Amidst Bear Market Blues
cryptopotato.com

Ethereum’s layer-2 solutions are outperforming the blockchain they were designed to bolster. Both Base and zkSync Era have shown remarkable performance so far despite the incessant bear market. For the first time in history, Base and zkSync Era surpassed Ethereum’s Transactions Per Second (TPS) rate of 10.18 on September 17th. According to data compiled by […]

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DOGE and SHIB Price Analysis for September 18
u.today

How long is bounce back of DOGE and SHIB going to last?

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Toncoin (TON) Soars 96% From August Lows, Will Telegram Integration Drive It To $3?
crypto-economy.com

Toncoin (TON) prices have nearly doubled in less than two months, soaring from around $1.16 in August to spot rates. The path of least resistance remains defined and is northwards. Notably, the spike is with rising trading volumes, indicating high participation.  With Toncoin rising at this pace, the coin will further cement its position in […]

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JPEX Exchange Halts Trading Features
crypto-economy.com

As per reports, the JPEX exchange is ready to halt all its trading features this week. Regulators and the Securities and Futures Commission (SFC) from Hong Kong warned the exchange several times over unregulated operations and false statements. Moreover, regulators are now inquiring the exchange for potential fraud charges. The Dubai-based cryptocurrency exchange has called […]

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The Impact of Binance Coin on <b>Cryptocurrency</b> Markets – Irving Weekly
www.google.com

This cryptocurrency is helping fuel Binance's growth, as it provides a medium of exchange on which traders can make trades or invest in trading …

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Malta begins public consultation on revised crypto rules to align with MiCA
cointelegraph.com

Malta has joined France and other EU nations in revising its existing crypto regulatory policies to align with MiCA, which comes into effect in December 2024.

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Anatoly Yakovenko Urges US Lawmakers To Regulate Crypto To Keep Innovation in America
dailyhodl.com

Solana (SOL) co-creator Anatoly Yakovenko is urging lawmakers in the United States to bring regulatory clarity to the digital asset industry to keep the country’s innovative spirit flourishing. In a new op-ed published by Fortune, Yakovenko warns that the anti-crypto policies in the US are causing blockchain technology entrepreneurs to locate in other countries with […]

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Ex-Goldman Sachs Executive Lays Out Bull Case for Ethereum Rival Solana, Says SOL Best Story Outside of ETH
cryptonews.com.au

Former Goldman Sachs executive Raoul Pal says that Solana (SOL) is one of his top altcoin picks and is potentially the most promising project outside of Ethereum (ETH). In a new interview with Altcoin Daily, the Real Vision founder says Solana co-founder Anatoly Yakovenko, commonly referred to as Toly, is becoming an important thought leader […]

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