Regulation Updates

Bank of Ghana to foster financial inclusion through CBDC project

Kwame Oppong, an executive at Ghana’s central bank, told Cointelegraph that a CBDC could give their citizens the opportunity to use a “decent form of payment.” 1035 Total views 18 Total shares As more countries make progress in terms of developing and implementing central bank digital currencies (CBDCs), Ghana’s central bank aims to keep up […]

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Bitcoin News

Bitcoin holds $19K, but volatility expected as Friday’s $2.2B BTC options expiry approaches

This week the $20,000 resistance is proving to be stronger than expected and even after Bitcoin price rejected at this level on Sept. 27, BTC bulls still have reasons to not give up.  According to the 4-month-long descending triangle, as long as the $18,500 support holds, Bitcoin price has until late October to determine whether […]

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NFT Stream

MetaMask adopts custodial features for NFT-hungry institutional investors

The MetaMask Institutional wallet added Cobo NFT management to its growing list of custodial services for institutional investors. 1075 Total views 16 Total shares Institutional investment is pouring into the crypto world, notably the nonfungible token (NFT) scene. In a reaction to the influx, MetaMask Institutional announced another addition to its custodial services offerings for […]

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Blockchain news

Bitcoin Price Retreats Below $19,000 – Will It Slide Under $18,000 This Week?

The average Bitcoin price in September of last year was $45,965. It even hit and surpassed the $50K mark three times back then.  It did so when it closed September 4, 2021 at $50,000, September 5 at $51,692, and September 6 at $52,644.49. But the largest cryptocurrency by market capitalization is struggling to replicate that […]

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Blockchain news

MEV bot earns $1M but loses everything to a hacker an hour later

An MEV bot gained massive profits worth $1 million by seizing an arbitrage opportunity. However, it was tricked into authorizing a malicious transaction that drained the funds. 850 Total views 61 Total shares An Ethereum arbitrage trading bot managed to hit the jackpot and lose it all on the same day in an ironic turn […]

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Market Analysis

BTC price stays under $19K amid hopes Q4 will end Bitcoin bear market

Bitcoin (BTC) hit new weekly lows into Sept. 28 as risk asset drawdown continued overnight. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: “First new lows” before Q4 recovery Data from Cointelegraph Markets Pro and TradingView showed BTC/USD falling to $18,461 on Bitstamp, down almost $2,000 versus the previous day’s high. The change of direction […]

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Regulation Updates

Fed's Powell: DeFi needs appropriate regulation before expanding to retail

Jerome Powell acknowledged that DeFi will start to reach more retail customers, highlighting the need for regulation. 380 Total views 19 Total shares United States Federal Reserve chairman Jerome Powell has spoken out about the expansion of decentralized finance (DeFi) and its impact on the traditional finance ecosystem, calling for appropriate regulation. During an event […]

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Bitcoin News

Bitcoin think tank: Reject CBDCs and look to BTC and stablecoins instead

U.S. think tank Bitcoin Policy Institute is calling for the United States to reject Central Bank Digital Currencies (CBDCs) and look to Bitcoin (BTC) and stablecoins as alternatives.  In a whitepaper shared on Sept. 27, authors including Texas Bitcoin Foundation executive director Natalie Smolenski PhD, and former Kraken growth lead Dan Held argue CBDCs would […]

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NFT Stream

Pantera CEO bullish on DeFi, Web3 and NFTs as Token2049 gets underway

Pantera CEO Dan Morehead painted an optimistic outlook for the wider cryptocurrency space during a keynote presentation at Token2049 in Singapore. 279 Total views 15 Total shares Pantera CEO Dan Morehead highlighted the potential growth and value of Decentralized Finance (DeFi), Web3 functionality, nonfungible tokens (NFTs) and Metaverse applications in his opening keynote speech at […]

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Blockchain news

Bitcoiners Will Not Accept Overregulation

This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Andy Edstrom CFA, CFP and advisor to Swan Bitcoin to talk about government regulation, how to expose your family to bitcoin, the right time to buy and what is going on with the […]

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