Ethereum ETFs saw their biggest outflow in 2 months

Key facts: The ETH cryptocurrency remains above $2,600 for now. ETH ETFs have not performed as well as many had hoped. Ethereum’s cryptocurrency Ether (ETH) ETFs saw a net outflow of nearly $80 million on Monday, marking their largest withdrawal of capital since late July. This event highlights the challenges faced by financial instruments based … Read more

Bitcoin mining farm discovered underground in Russia

Key facts: According to the government, “illegal” farms have been detected in some other regions. Unauthorized cryptocurrency mining is causing power outages, Russian officials say. Russian authorities say they will pay more attention and effort to combat illegal Bitcoin mining. This is amid power outages and repairs due to the arrival of winter expected in … Read more

Google partners with Solana to boost on-chain video game development

Key facts: GameShift offers solutions for network-based gaming, such as wallets and payment systems. Google Cloud aims to leverage GameShift’s non-custodial invisible wallets. The technology giant Google announced Google Cloud’s partnership with Solana Labs, the Solana (SOL)-based product development company, with the aim of boosting the video game industry on this network. According to the … Read more

Congressmen ask SEC to eliminate rule that prevents banks from holding bitcoin

Key facts: According to the congressmen, this regulation turns the capacity of cryptocurrency custody “upside down.” They criticise that the regulations were issued without consulting any of the prudential regulators. In a letter to Securities and Exchange Commission (SEC) Chairman Gary Gensler, a group of 42 Republican lawmakers, led by Patrick McHenry (R-NC) and Senator … Read more

China cuts rates to combat deflation as fears of global crisis grow

Amid slowing growth and low investor confidence, the Central Bank of China (PBOC) announced the implementation of one of the largest stimulus packages since the start of the Covid pandemic in 2020. Unlike Western countries, its main objective is to counter deflation. As reported by PBOC Governor Pan Gongsheng, the goal is to bring annual … Read more

TON exchange activity skyrockets

Key facts: Ston.Fi, the leading decentralized exchange on TON, dominates the market. The gaming ecosystem on Telegram is driving this growth of TON. The Open Network (TON) has captured the attention of the cryptocurrency world following a notable increase in activity on its decentralized exchanges (DEX). This boom, driven by the increasing adoption of the … Read more

“Interest rate cuts may not mean what you think,” analyst warns

The US Federal Reserve (Fed) has cut its interest rate by 0.5 percentage points, bringing it to 5.0%. This is the first reduction since 2020 by the agency led by Jerome Powell. As reported by CriptoNoticias, bitcoin (BTC) and cryptocurrencies reacted with high volatility after the agency’s decision was announced. In contexts of lower interest … Read more

The first major token unlock is coming up in Celestia

On October 30th, the first major unlocking of Celestia tokens (TIA), the native asset of the modular network of the same name, will take place. In total, more than 100,000 units will be distributed. 181 million TIA between investors and main contributors of the projectrepresenting 17.68% of the total supply, equivalent to more than $1.1 … Read more

Bitcoin is approaching the breakout point of the downtrend

With the interest rate cut in the United States last week, Bitcoin (BTC) has experienced a rebound. However, at the moment, it has not managed to break through a key technical zone, which is crucial for the increase to continue. “BTC remains below the critical high of August 25 at USD 65,200,” it highlights in … Read more

Telegram will share users’ personal data with governments that ask for it

Key facts: Users’ IP addresses and phone numbers will now be disclosed to authorities. Durov says they will not allow bad actors to “jeopardize” the platform. Following the arrest of Telegram CEO Pavel Durov in France last August, the platform announced changes that compromise user privacy. On Monday, September 23, Durov announced on its official … Read more