Today at Chaintalk News

September 18, 2021

Cryptocurrency Exchange Software Patrick Zheng Chainup

By Kinsei

Alexandre-Dreyfus
News

Chiliz And The UFC

During Alex Dreyfus’s talk at the Crypto Asia Summit, he spoke about his latest deal with the UFC and future plans to expand into different

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cryptocompare

U.S. officials prepare new sanctions against ransomware attackers.

The U.S. Treasury Department prepares new sanctions against hackers and the use of cryptocurrencies for ransomware payments. As soon as next week, the sanctions could be rolled out. In addition, the government plans a new series of guidelines for businesses on the risks of ransomware payments. The administration is also planning for new anti-money laundering and terror […]Read full post U.S. officials prepare new sanctions against ransomware attackers. on Chaintimes.com.
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cointelegraph

CFTC renewed: What Biden’s new agency picks hold for crypto regulation

The three officials tapped by the Biden administration for CFTC roles come with promising crypto credentials, but can they live up to the promise?

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cryptocompare

CFTC renewed: What Biden’s new agency picks hold for crypto regulation

The three officials tapped by the Biden administration for CFTC roles come with promising crypto credentials, but can they live up to the promise?
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cryptocompare

Mastercard UK creates first NFT featuring Jose Mourinho

The leading payment processor has created its first NFT content, which will be given away to cardholders.The NFT features a digital football signed by their global ambassador, Jose Mourinho. Global digital payment giant Mastercard is making its debut in the non-fungible token (NFT) market. The United Kingdom branch announced Thursday they have created the first-ever NFT content in collaboration with the Portuguese professional football manager. Jose Mourinho.  Mastercard is giving away its NFT Per the announcement, the NFT is an animated digital football signed by Jose Mourinho, who is also the global ambassador for the payment company.  The payment giant doesn’t intend to auction the NFT. However, it will be given away to a lucky UK customer. Only “one lucky Mastercard cardholder in the United Kingdom will be randomly selected to win the NFT.”  NFTs are digital assets that represent real-world objects ranging from art, music, in-game items to videos, more. The market has attracted lots of attention since the beginning of the year, as many participants are able to flip millions of dollars in trades. There are also some other companies that have given away NFTs, just like Mastercard. Big bet in crypto  The signed digital football NFT might be Mastercard’s first-ever NFT; however, the company has previously shown interest in the crypto market. The company stated earlier in February it...
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cryptocompare

U.S. officials are now reportedly investigating Binance for “possible insider trading and market manipulation.”

According to a Bloomberg report, the U.S. government has widened its investigation into the operator of crypto exchange Binance to include “whether Binance or its staff profited by taking advantage of its customers.” Citing anonymous sources, Bloomberg reported that U.S. officials, including the Commodity Futures Trading Commission, are investigating the crypto exchange operator for “possible […]Read full post U.S. officials are now reportedly investigating Binance for “possible insider trading and market manipulation.” on Chaintimes.com.
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cryptocompare

Cardano’s Hoskinson believes these two factors can spur next-gen DeFi

Despite being a relatively new space, DeFi has quickly grown to become more appealing. What’s more, projects like Solana and Polygon have grown to compete with Ethereum. Recently, Cardano also brought DeFi smart contracts onto its platform after an Alonzo hard fork event. According to Founder Charles Hoskinson, however, DeFi is in an economic cycle […]
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cryptocompare

LBank Exchange Lists NBL (Nobility)

PRESS RELEASE. INTERNET CITY, DUBAI – LBank Exchange, a global digital asset trading platform, will list NBL on September 15, 2021. For all users of LBank Exchange, the NBL/USDT trading pair will be officially available for trading at 22:00 (UTC+8) on September 15, 2021. Esports industry has grown rapidly in recent years, and now, crypto […]
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cryptocompare

How Patientory Solves the Problems of the Current Electronic Health Records Systems

One of the legacies of the Obama Presidency is the popularity of Electronic Health Record (EHR) systems, which were advertised to medical institutions as the solution to all their record-keeping problems. Although the system offers many advantages, it also has shortcomings that have recently become too apparent to ignore.  The major concern of these EHR systems is the portability,  security and privacy of patient’s health data. However, Patientory, a decentralized app (dApp) running on blockchain technology, offers a viable solution to the frailties of the current EHR system.  The EHR system and its uses An Electronic Health Record is a digital record of a patient’s visits to healthcare facilities, progress notes, demographic data, diagnosis, medication, and medical test reports. The main aim of the EHR system is to improve the quality of patient care. Also, on a lighter note, a computerized record is easier understood than a physician’s handwriting.  An EHR reduces the administrative burden, saves space, improves the productivity of healthcare personnel, and provides a financial benefit. Some EHR systems have a patient portal for patients to access their historical health data.  Drawbacks of the EHR system The current EHR system currently creates centralized siloed walled gardens. Not only are these systems susceptible to technical glitches, hacks, and malicious attacks from cybercriminals and other ...
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cryptocompare

Ripple And XRP Propped Up By Republican Senators As They Push Against SEC’s Scheme

Key takeaways SEC chair Gary Gensler gets called out for the commission’s method of crypto-industry regulation by the Senate.  Ripple co-founder calls out Gensler for contradictory statements on the crypto-industry. The SEC and Ripple lawsuit continues to drag on even as developments from the courtroom battle further, hammering the argument that the SEC has no […]
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cryptocompare

20% of El Salvador Now Bitcoining

It took 40 years for 30% of El Salvadorians to get a bank account, but just 10 days for about 20% of them to get a bitcoin account through downloading...
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cryptocompare

Securities Watchdogs File Orders Against Crypto Lender Celsius

A news release published by the New Jersey government web portal indicates that the cryptocurrency lending platform Celsius has been sent a cease and desist order from the New Jersey Bureau of Securities. Furthermore, the Texas State Securities Board has ordered Celsius to appear at a hearing and is also threatening with a cease and […]
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cryptocompare

Ripple VS SEC, Will The Holders Suffer As The XRP Price Rally Could Miss The Bull Run

The post Ripple VS SEC, Will The Holders Suffer As The XRP Price Rally Could Miss The Bull Run appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideIt all started when the ex-SEC Jay Claton screwed Ripple in a case on his last day as chairman. He said, ‘Ripple is security and hence the founder’s Brad Gardlinghouse and Chirs Larsen have sold XRP illegally all these years,’. However, this laid a very severe impact on the XRP price as many exchanges feared …
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cryptocompare

After Coinbase This Crypto Lender is Facing Regulatory Scrutiny in 3 US States

Coinbase Inc., one of the leading crypto exchanges in the US recently revealed that the Securities and Exchange Commission has threatened it with a lawsuit over an unreleased stablecoin lending service, which according to SEC qualifies as a security. The exchange claimed SEC had offered no clarity on what makes these lending products security despite The post After Coinbase This Crypto Lender is Facing Regulatory Scrutiny in 3 US States appeared first on Coingape.
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cryptocompare

Bitcoin fund launched by NYDIG has raised nearly $17 million to date

A bitcoin fund created by investment services firm NYDIG has raised nearly $17 million to date. The post Bitcoin fund launched by NYDIG has raised nearly $17 million to date appeared first on The Block.
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cryptocompare

TVL up by >990% in a year, but SushiSwap might be its worst enemy

SushiSwap is one of the market’s fastest-growing DeFi protocols right now. Since its launch in August 2020, it has taken the protocol just one year to become one of the top 10. In fact, in many ways, it has left behind Uniswap, the protocol it forked from. However, it seems like this is it for […]
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cryptocompare

500 illegal crypto mining farms intercepted in Kyrgyzstan

TL;DR Breakdown: The Kyrgyzstan SCNS has intercepted about 500 illegal crypto mining farms.The farms were tapping energy from power grids, which resulted in a shortage of electricity supply. Kyrgyzstan authorities have busted 500 crypto mining farms that were illegally operating in the country, a local news agency 24.kg reported on Saturday. The law enforcement agencies in Kyrgyzstan have been actively policing digital currency mining activities, given it draws an excessive amount of energy from the power grids that often results in a shortage of power supply.  Kyrgyzstan busts 500 illegal crypto mining farms The State Committee for National Security of Kyrgyzstan (SCNS) said it discovered and suppressed 500 illegal crypto mining farms being run by a citizen whose name wasn’t mentioned. The farms were illegally connected to the distribution company’s electrical networks, which drew the attention of the authorities, as crypto mining farms consume a significant amount of energy. “It should be noted that the mining farms subsequently lead to a shortage of generated electricity since one set of equipment consumes about 1,500-3,000 kilowatt per hour,” the SCNS said.  The Kyrgyzstan authorities are open to regulating cryptocurrency. However, they have always shunned illegal crypto mining farms because it’s inappropriate and places a heavy load on the power grid. In May, the State Committee fo...
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cryptocompare

Over $1 Billion In ETH Exits Crypto Exchanges In 24 Hours — What This Means For Ether

· ETH makes history as $1.2 billion in ETH leaves centralized exchanges in the past 24 hours. · London Upgrade has changed Ethereum’s supply dynamics. · Increasing reduction in the supply of Ether could soon see its price at $10,000. Circa $1.2 billion worth of Ether has left centralized exchanges in the past 24 hours, […]
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cryptocompare

Bitcoin Banning China Keeps NFT-ing

The Chinese Communist Party (CCP) is losing its war on crypto with positive news continuing to come out of the country years on after a continuous crackdown on bitcoin and...
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cryptocompare

PayPal UK Completes Crypto Rollout, Lets All Eligible Customers Buy, Hold and Sell These Four Cryptocurrencies

Major global payments firm PayPal UK just launched crypto trading services for all of its eligible customers, giving them access to four top cryptocurrencies. On Friday, the company announced that all eligible PayPal UK users will now be able to buy, sell and hold Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). We […]The post PayPal UK Completes Crypto Rollout, Lets All Eligible Customers Buy, Hold and Sell These Four Cryptocurrencies appeared first on The Daily Hodl.
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cryptocompare

US officials now investigating Binance for potential insider trading, market manipulation: report

Bloomberg reported Friday that a broad U.S. government investigation into the operator of crypto exchange Binance has widened to include "whether Binance or its staff profited by taking advantage of its customers."The post US officials now investigating Binance for potential insider trading, market manipulation: report appeared first on The Block.
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cryptocompare

Bitcoin Price Analysis: BTC Approaching $50K With a Solid Weekend Rally

BTC has been showing near-term signs of strength, especially after reclaiming the 200-moving average on the 4-hour chart and holding $47.2k, a key level of support. What’s notable is that Bitcoin managed to hold support despite global stocks selling off with the dollar rising. Near term, BTC has managed to reclaim the critical 200-day moving […]
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cryptocompare

Bullish Bitcoin Price Predictions – BTC bulls Aim Towards the $50k Mark!

The post Bullish Bitcoin Price Predictions – BTC bulls Aim Towards the $50k Mark! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideOn Friday, major cryptocurrencies displayed mixed patterns, indicating that they are entering a consolidation phase. There is optimism that bullish momentum may be returning after last week’s market fall, with the world’s largest cryptocurrency trading at $48,578 at the time of writing. In comparison to the previous day, the overall crypto market cap climbed by …
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cryptocompare

Solana and Avalanche Lead Market-Wide Rally

The so-called ‘Ethereum killers’ have had very different weeks, but both are surging.
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cryptocompare

As Bitcoin Struggles To Reclaim $50k, This Bloomberg Analyst Tells Why He Still Has Eyes Peeled For $100,000 In 2021

Bloomberg Intelligence Analyst McGlone believes Bitcoin will reach $100,000 in 2021, with supported factors such as increased adoption, past BTC trading trends, and Bitcoin’s declining supply. “Can bitcoin reach $100,000 in 2021? Five charts show potential- Past bitcoin trading trends and the crypto’s declining supply vs. mainstream adoption suggests a significant advance in 2021, potentially […]
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cryptocompare

Alabama’s securities regulator is also scrutinizing crypto lender Celsius

The securities regulator for Alabama issued a show-cause order on Thursday to crypto lender Celsius, seeking an explanation for why its offerings don't constitute the sale of securities under state law.The post Alabama’s securities regulator is also scrutinizing crypto lender Celsius appeared first on The Block.
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cryptocompare

‘In Bitcoin We Trust Ring’ is now available on OpenSea

Diamond Hands, a limited collection of 100 tokens by the jewelry brand DESIRED, got listed as an NFT on OpenSea, the preliminary NFT marketplace. In Bitcoin We Trust (IBWT), the token represents proof of ownership once the IBWT token has been redeemed in the platform for a physical ring of 750th gold purity, inlaid with […]
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cryptocompare

Luno to Reinstate Deposit and Withdrawal Function for Nigerian Clients — Denies User Speculation

One of the African continent’s leading cryptocurrency exchanges, Luno, has told its Nigerian users that it is “in the process of reinstating deposit and withdrawal functions on our platform.” According to an email that was sent to Nigerian users, this reinstatement is expected to happen “in the coming weeks.” Luno Not in Direct Communication With […]
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cryptocompare

Wyoming-based DAO files S-1 with SEC for token distribution

A DAO out of Wyoming is looking to register with the SEC as a public company, according to a new S-1 filed with the agency.The post Wyoming-based DAO files S-1 with SEC for token distribution appeared first on The Block.
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cryptocompare

We Are All Satoshi: Statue of Bitcoin Creator Erected in Budapest

Bitcoin’s creator has had a statue made in his honor, capturing his anonymous nature.
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cryptocompare

ECB official says upcoming CBDC test does not guarantee the eventual launch of digital euro.

A European Central Bank (ECB) official has said the forthcoming central bank digital currency (CBDC) tests at the ECB do not guarantee the eventual launch of a digital euro, in a statement that will dampen rampant speculation around the bank’s proposals. Central banks across countries are actively working on digital currencies to ward off competition […]
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cryptocompare

Crypto Lender Celsius Hit With 2 Securities Actions in 1 Day

Crypto lender Celsius received an order to stop offering interest accounts. The Texas State Security Board filed a case to
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cryptocompare

Avalanche Price Analysis: AVAX sets a new all-time high at $75, a retracement to follow?

TL;DR Breakdown Avalanche price analysis is bearish for today.AVAX set a new all-time high at $75.Bears start to reverse the market price. Avalanche price analysis is bearish for today as a new all-time high at $75 was set this morning, and selling pressure starts to show up. Therefore, AVAX/USD will likely retrace later today and look to establish a higher low over the weekend. Cryptocurrency heat map. Source: Coin360 The overall market traded in the green over the last 24 hours. The market leader, Bitcoin, is up by 1.85 percent, while Ethereum has gained 0.31 percent. Meanwhile, Avalanche (AVAX) is the best performer, with more than 16 percent gain. Avalanche price movement in the last 24 hours: Avalanche sets new all-time high at $75 AVAX/USD traded in a range of $60.92 – $75.32, indicating strong volatility over the last 24 hours. Trading volume has increased by 2.69 percent and totals $2.53 billion, while the total market cap trades around $15.77 billion, ranking the coin in 15th place overall. AVAX/USD 4-hour chart: AVAX set to retrace?  On the 4-hour chart, we can see the Avalanche price losing its momentum as bears likely start a retracement. AVAX/USD 4-hour chart. Source: TradingView Avalanche price action has seen strong bullish momentum over the past weeks. After a strong move lower on the 7th of September, with support found at $33, AVAX started heading higher. Previous resistance around $50 was bro...
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cryptocompare

XRP Lawsuit: Here’s Why Experts Think Ripple Could Win the Case Against SEC

The XRP lawsuit filed by SEC against Ripple is drawing a near end, and nearly after 9 months of back and forth, experts have weighed in on the possible outcome of the case. The latest development in Ripple vs SEC case saw the defendants file for another seal motion for two exhibits from the Interrogatories The post XRP Lawsuit: Here’s Why Experts Think Ripple Could Win the Case Against SEC appeared first on Coingape.
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cryptocompare

IOTA (MIOTA), AVALANCHE (AVAX) Upsurges – Will Both Hit Moon Soon?

IOTA (MIOTA) and Avalanche (AVAX) have been enjoying excellent market conditions. The Hornet update caused the IOTA price to upsurge
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cryptocompare

Sellers hold the aces in Ethereum Classic’s market, but it might not be game over

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice There hasn’t been much interest from retail traders in Ethereum Classic’s market. As a result, low volatility has kept the price restricted within the channel of $53.8 and $60.6 over the past week and […]
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cryptocompare

Sushiswap Price Analysis: SUSHI swiftly retraces to $12, a reversal from there?

TL;DR Breakdown Sushiswap price analysis is bullish for today.SUSHI/USD saw strong retracement over the past 24 hours.The support was found at the $12 previous resistance. Sushiswap price analysis is bullish for today as a quick spike to the $12 support indicates an end to a several-day retracement from the $16 new swing high. Therefore, we expect SUSHI/USD to return to bullish momentum over the weekend and look to regain some of the loss. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded mostly in the red over the last 24 hours. Bitcoin manages to gain 2 percent, while Ethereum was up by 0.59 percent. Meanwhile, Avalanche (AVAX) is still the best performer, with a gain of almost 16 percent. Sushiswap price movement in the last 24 hours: Sushiswap retraces to $12 resistance turned support SUSHI/USD traded in a range of $12.11 – $13.84, indicating strong volatility over the last 24 hours. Trading volume has decreased by 10.49 percent and totals $1.1 billion, while the total market capitalization trades around $1.63 billion, ranking the coin in 72nd place overall. SUSHI/USD 4-hour chart: SUSHI ready for more upside? On the 4-hour chart, we can see the Sushiswap price rejecting further downside, indicating an upcoming rally once again. SUSHI/USD 4-hour chart. Source: TradingView Sushiswap price action continued to trade with strong volatility this week. After peaking at the $16 resistance, SUSHI...
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cryptocompare

Cardano Outpowers Ethereum Prior to Cardano Summit! Officials Say ADA Price Will Skyrocket!

The post Cardano Outpowers Ethereum Prior to Cardano Summit! Officials Say ADA Price Will Skyrocket! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideCardano community is awaiting September 25th to welcome the Cardano summit 2021! Prior to the event, Cardano officials revealed innovations that are going to happen. The main focal point of discussion will be Hydra, a key layer-2 protocol to boost Cardano’s scalability. That update is the most advanced and fresh development enabled by Alonzo Hard …
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cryptocompare

Ripple Price Analysis: XRP retests $1.05 once more, will we see a slow reversal today?

TL;DR Breakdown Ripple price analysis is bullish for today.XRP/USD retested the $1.05 for the third time.Ripple still looking to reverse to the upside. Ripple price analysis is bullish today as the market saw a slightly higher low set overnight above the $1.05 support. Therefore, we expect XRP/USD to move higher later today and set a new higher high. Cryptocurrency heat map. Source: Coin360 The cryptocurrency market traded with mixed results over the last 24 hours. The market leader, Bitcoin, is up by 1.89 percent, while Ethereum is up by 0.2 percent. Meanwhile, Avalanche (AVAX) is the best performer, with a gain of 17.35 percent. Ripple price movement in the last 24 hours: Ripple retraced back to $1.05 support XRP/USD traded in a range of $1.05 – $1.09, indicating low volatility over the last 24 hours. Trading volume has decreased by 2.64 percent and totals $2.9 billion, while the total market capitalization trades around $50.65 billion. XRP/USD 4-hour chart: XRP looks to set higher high? On the 4-hour chart, we can see the Ripple price setting a higher low overnight, indicating bullish momentum to come over the weekend. XRP/USD 4-hour chart. Source: TradingView The Ripple price action traded with low volatility over the past week. After a substantial spike lower on the 7th of September, the $0.95 mark was reached for a brief time. From there, XRP/USD established a trading range around $1.05-$1.15. Over the week, t...
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cryptocompare

Calm Before the Storm? Here’s What’s Next for Bitcoin, Ethereum and Cardano, According to Top Analyst Michaël van de Poppe

Widely followed crypto trader and analyst Michaël van de Poppe is mapping out the price levels to watch for Bitcoin (BTC), Ethereum (ETH) and Cardano (ADA). In a new market update, Van de Poppe tells his 127,000 YouTube subscribers that Bitcoin recently reclaimed a key price area, indicating that Bitcoin is gearing up for a […]The post Calm Before the Storm? Here’s What’s Next for Bitcoin, Ethereum and Cardano, According to Top Analyst Michaël van de Poppe appeared first on The Daily Hodl.
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cointelegraph

El Salvador ranks third in global Bitcoin ATM installations, data finds

The Salvadorian government has installed over 200 ATMs in September after adopting Bitcoin as a legal tender.

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cryptocompare

El Salvador ranks third in global Bitcoin ATM installations, data finds

The Salvadorian government has installed over 200 ATMs in September after adopting Bitcoin as a legal tender.
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cryptocompare

Does Ethereum Risk Becoming a Security After Transition to PoS ETH 2.0?

The debate around security regulations in the US has hit the peak with the Ripple-XRP lawsuit that has now been aggravated by SEC’s lawsuit threat to Coinbase over an unreleased stablecoin lending services. Now with the XRP lawsuit nearing towards a possible end, Ethereum’s security status has become the biggest deabte especially with former SEC The post Does Ethereum Risk Becoming a Security After Transition to PoS ETH 2.0? appeared first on Coingape.
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cryptocompare

Laos Authorizes Cryptocurrency Mining and Trading Activities

Laos has authorized a series of cryptocurrency mining and trading projects in the country, looking for another source of income to supplement the losses caused by the drop in tourism due to COVID-19 related measures. Six companies have been authorized to start cryptocurrency trading and mining operations in the country, according to the office of […]
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cryptocompare

$3M Worth ETH Stolen From SushiSwap’s MISO Token Platform

864 ETH was stolen from SushiSwap’s MISO token platform. This attack type is related to open source software libraries. Developers
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cryptocompare

Is Ripple vs SEC nearing a conclusion? XRP Price Seems to be Under Pressure!

The post Is Ripple vs SEC nearing a conclusion? XRP Price Seems to be Under Pressure! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideThe Securities and Exchange Commission’s case against Ripple is nearing its conclusion. Approximately thirteen papers have been withdrawn from public view in the most recent step in the litigation. The records have been designated as confidential and are no longer available to the public, according to the latest development in the continuing case between the …
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cryptocompare

ATOM, LINK, XTZ, ONE Price Programmed To Spike In The Coming Few Days!

The post ATOM, LINK, XTZ, ONE Price Programmed To Spike In The Coming Few Days! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideThe crypto space is currently going on with a roller coaster ride as most of the tokens are experiencing a tough time in sustaining above certain levels. No doubt the current market trend is pretty bullish, yet assets like Bitcoin, Ethereum, Cardano, etc fail to smash the immediate target. Yet among them, some altcoins showcase …
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cryptocompare

Is Dogecoin Dead? When Will DOGE Price Blast Out of Consolidation?

The post Is Dogecoin Dead? When Will DOGE Price Blast Out of Consolidation? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideDuring the early Asian trading hours, The broader cryptocurrency market has seen recovering from recent losses. Bitcoin and Ethereum are showing signs of a rebound while Cardano price is still consolidating within $2.5. Major players include AVAX, IOTA, and Solana price recording more than 10% gains. Coming to meme coins SHIB Price rallied more than …
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cryptocompare

Bitcoin at 11-Day High: AVAX Marks Another All-time High (Weekend Watch)

Avalanche (AVAX) continues with its impressive run by charting yet another ATH. Bitcoin neared $49,000.
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cryptocompare

Join a rewarding virtual gaming experience with Block2Play

The virtual gaming industry is big and while it is starting to incorporate the advancements of blockchain and cryptocurrencies, it still has a long way to go to reach its full potential. Block2Play is a gaming platform that allows its users to play a real-life role-playing game, which also gives them the chance to earn […]
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Binance Coin Price Analysis: BNB retests $420 after resuming the bullish trend

TL;DR Breakdown Binance Coin price analysis suggests bullishnessBNB/USD continued to retrace over the last 24 hours.BNB finding support at $420 According to our Binance Coin price analysis, the market is likely to rise in the next 24 hours after it retraced from the $400 level to the press time price of $419. The exchange currency established a higher low on the daily chart at $401 compared to yesterday’s figure of $395. As a result, we anticipate that BNB/USD will correct to a higher low in the next 24-hours. The cryptocurrency market is trading in the red, with most cryptocurrencies posting losses. Bitcoin declined by 0.16 percent, Ethereum lost 4.12 percent. Algorand was the day’s top-performing altcoin, increasing by 10%. Binance Coin price movement in the last 24 hours: Binance Coin retraced from $390 to $420 Binance Coin’s price was relatively steady in the course of our Binance Coin 24-hour analysis, which saw it fluctuate within a daily range of $401 to $420. With a 30.05 percent decrease in trading volume and a market capitalization of $68 billion, the total BNB Trading volume fell by 30.05 percent, BNB/USD 4-hour chart: BNB ready to reverse? On the Binance Coin price chart, we can see that the price is currently above $400, which suggests it may resume its fall today. BNB/USD 4-hour chart. Source: TradingView The Binance Coin price has demonstrated strong buyer interest in recent weeks. On the 20t...
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Bitcoin Miners Adapt Fast As EU Mulls ‘Climate-Friendly Cryptoassets’

t="_blank" rel="noopener noreferrer" href="https://cryptonews.com/coins/bitcoin/">Bitcoin (BTC) mining.Since it was first unveiled in September 2020, the 168-page-long
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Kyrgyzstan Authorities Reveal over 500 Illegal Crypto Mining Farms

Kyrgyzstan’s State Committee for National Security (SCNS) revealed that they have caught and shut down over 500 illegally operating Crypto mining farms that were directly connected to the power grid. Furthermore, the SCNS also highlighted the unsustainable nature of crypto mining as the mining equipment utilizes up to 3,000 kilowatts of electricity per hour. “More The post Kyrgyzstan Authorities Reveal over 500 Illegal Crypto Mining Farms appeared first on Coingape.
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cointelegraph

Evolve or die: How smart contracts are shifting the crypto sector’s balance of power

Smart contract capabilities are rendering old-school megalithic crypto projects obsolete as blockchains evolve beyond just being a medium of exchange.

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cointelegraph

Bitcoin is 'playing mind games' as its price coils into a tighter range

Analysts highlight the formation of a bull flag on the Bitcoin chart and suggest that the price could continue to consolidate until a major catalyst moves the market.

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cointelegraph

John Cena calls his own NFT sales a 'catastrophic failure'

World Wrestling Entertainment offered 500 gold tier packages with Cena's NFT for $1,000, but only a fraction of them sold.

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cointelegraph

Finance Redefined: Maverick Vitalik in Time Mag, Sept. 13–17

Vitalik in Top-100 innovators, Cardano’s smart contract launch and carbon NFT’s — all coming to you this week in Finance Redefined.

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cointelegraph

Price analysis 9/17: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, UNI, LUNA

Bitcoin is sustaining above its immediate support, but several altcoins are showing signs of profit-booking.

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cointelegraph

Veteran trader explains when it’s the best time to cash out of the market

Veteran trader Charlie Burton gives tips on how investors can manage their emotions in bull markets and the importance of sticking to a defined set of trading rules.

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cointelegraph

Texas and New Jersey regulators go after Celsius Network

"Companies dealing in cryptocurrencies are not immune from oversight,” said New Jersey’s acting attorney general Andrew Bruck.

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cointelegraph

Former chief of Russia's Wex crypto exchange arrested in Poland

The exchange was previously known as BTC-e, though its name was changed to WEX following legal difficulties in 2017.

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cointelegraph

Solana chart 'bull flag' eyes $250 despite SOL price down 40% since last week

Meanwhile, the SOL's latest downside move forms a classic bullish continuation structure, with a profit target above $250.

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cointelegraph

Canadian politician says he supports Bitcoin as federal election looms

The former cabinet minister, known by some as Mad Max, has been outspoken in his criticism of vaccine mandates, mask mandates and lockdowns in Canada during the pandemic.

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cointelegraph

Here’s how traders knew LUNA and RAY were on the verge of a bullish breakout

Here’s how savvy traders booked front-row seats for last week’s 50% rally from LUNA and RAY.

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cointelegraph

Smashing crypto adoption barrier? Solana aims to do its own ‘thing’

A blockchain network can excel at security or speed — but not both — Solana’s Yakovenko tells Cointelegraph, as the network is betting on speed.

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cointelegraph

PayPal completes crypto trading rollout for UK customers

PayPal’s Bitcoin trading services are now fully available in the United Kingdom after the global payment giant began rolling out services last month.

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cointelegraph

SushiSwap’s token launchpad, MISO, hacked for $3M

SushiSwap’s CTO will instruct their lawyer to “file an IC3 complaint with the FBI” if the suspected hacker doesn’t return the funds.

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cointelegraph

Next stop $85K for Bitcoin as analysts predict ‘explosive’ Q4 for BTC price action

There’s nothing that can spark Bitcoin downside except a “significant bad news event,” says analyst Filbfilb as the market awaits upside.

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cointelegraph

Shiba Inu (SHIB) jumps 40% on Elon Musk’s cryptic endorsement, Coinbase listing

Nonetheless, the Dogecoin-knockoff token was down by more than 80% from its record high of $0.00005.

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cointelegraph

MonoX raise $5M to launch single-token liquidity pools

The automated market maker is currently in beta development and set to launch in Q3 2021.

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Bybit crypto exchange suspends services in South Korea

Amid the looming regulatory deadline in South Korea, a major crypto exchange is closing up shop in the country.

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NFT gaming company Animoca Brands acquires majority stake in Bondly

The blockchain game developer is looking to improve cross-chain utilization of nonfungible token assets via its investment in Bondly.

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Bitcoin-based security token offering approved in Germany

Germany joins countries such as France, Luxembourg, Spain and Portugal by greenlighting the Bitcoin-based EXOeu token.

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DCG-backed Korean exchange faces closure if it can’t find banking partner

South Korean crypto exchange Gopax has told users if it can’t resolve its banking difficulties before a looming regulatory deadline, it will need to shut down.

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Bitcoin sees ‘quite healthy’ consolidation on $200M BTC options expiry day

Everything is bullish except the price on Friday as $200 million in options expire and attention focuses on corporate quarterly disclosures.

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200 smart contracts on Cardano... but there’s a catch

One third-party explorer puts the number of time-locked Cardano smart contracts over 2,000.

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Senator lobbies agencies over the use of crypto in ransomware

Senator Hassan wants federal agencies to take more action, while Senator Lummis is more concerned about innovation being stifled.

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$1.2B in Ether withdrawn from centralized exchanges in record daily outflow

More than $1 billion worth of Ether has been withdrawn from centralized exchanges within a 24-hour period. It’s the second time this year, and the price went vertical last time.

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El Salvador’s credit rating could take a hit amid Bitcoin adoption, warns S&P Global

S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating.

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cointelegraph

Estonian ‘auto liquidation’ DeFi platform Minterest raises $6.5M

Minterest aims to channel all fees, interest and revenue back into the protocol for its users.

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Korean Finance Minister vows to fight moves to delay the crypto tax code

The ruling party is planning to attempt a postponement of the crypto tax laws, but the Finance Minister is not for turning.

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