A Turning Point For Crypto? Ex-SEC Officials To Testify Vs Regulator In ‘Dazed’ Hearing.

In a well-publicized congressional hearing scheduled on September 18, 2024, former high-ranking United States Securities and Exchange Commission executives are to testify against the agency. Dubbed “Dazed and Confused: Breaking Down the SEC’s Politicized Approach to Digital Assets,” the hearing will center on the divisive SEC policies on crypto, especially under Chair Gary Gensler’s direction. Related […] origin »

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Binance clarifies it never owned WazirX, demands accountability.

Binance has distanced itself from the ongoing struggles of the Indian crypto exchange WazirX in a Sept. 17 statement. According to Binance, WazirX co-founder Nischal Shetty made several misleading statements that suggested the exchange might be responsible for the losses suffered by Indian crypto trading platform users after a $235 million hack in July. origin »

Traders Rushing Back to Ethereum – Can ETH Recover This September?.

It looks like the crypto market is entering a slow recovery mode, with most of the top 10 projects seeing nice jumps over the past week. However, Ethereum failed to follow the market sentiment, and remained around $2,300 level throughout the week – industry insiders are blaming a large number of ETH whales who liquidated […] The post Traders Rushing Back to Ethereum – Can ETH Recover This September? appeared first on CaptainAltcoin. origin »

SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams.

The U.S. Securities and Exchange Commission (SEC) has filed suit against three individuals and five companies for allegedly operating pig butchering scams – a type of confidence-enabled investment scam in which fraudsters befriend victims over text-based social media apps, gain their trust and convince them to invest large amounts of money in fictitious crypto platforms before stealing their funds and disappearing. origin »

Singaporean Bank Leads Asia With First Of Its Kind Crypto Options.

By being the first Asian bank providing over-the-counter (OTC) crypto options and structured notes, Singapore’s DBS Bank is creating waves in the financial industry. Originally scheduled for Q4 2024, these products will mostly target institutional investors and accredited wealth clients, giving them more investment options connected to significant cryptocurrencies like Bitcoin and Ethereum. Related Reading: […] origin »

Bitcoin’s Realized Cap Stagnates: What Does This Mean For BTC?.

The Bitcoin market has been closely analyzed by a CryptoQuant analyst named Percival, who recently provided insights into Bitcoin’s realized cap and net capital flows. The realized cap is a metric that tracks each Bitcoin (UTXO) when it was last moved on the network, effectively representing the cost basis of all circulating coins. This metric […] origin »

Crypto Pundit Shuts Down Predictions Of XRP Price Hitting $1,000.

A recent buzz on the X (formerly Twitter) social media platform has sparked speculation that the XRP price could hit $1,000. However, a crypto pundit has slammed these overly inflated and seemingly unrealistic predictions, pointing to market capitalization and the coin’s current fundamentals as clear obstacles to such a price surge.  Analyst Criticizes $1,000 XRP […] origin »

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Bitcoin (BTC) Metrics Point To Local Bottom At $49,500 – Details.

Bitcoin is at a crucial point after several days of recovery and consolidation. On August 5, it experienced a sharp capitulation event, with the price dropping to a monthly low of $49,577. While some investors remain skeptical, believing Bitcoin hasn’t reached its bottom yet, key data from CryptoQuant suggests that the worst might be over.  […] origin »

AERO surges 22%, thanks to Coinbase's cbBTC launch.

Coinbase recently launched the cbBTC token, its wrapped version of Bitcoin, on Ethereum and Base. Aerodrome Finance leads protocols rankings in terms of TVL on Coinbase’s Base network. AERThe post AERO surges 22%, thanks to Coinbase's cbBTC launch appeared first on AMBCrypto. origin »

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