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

3 indicators anticipate bullish movements for bitcoin

Key facts: Over the past two weeks, the price of BTC has been on the rise. Bitcoin on-chain analysis allows us to distinguish how the market might continue. While the price of Bitcoin (BTC) is still in a corrective sideways period for six months, the market is showing positive signs. According to 3 metrics, The … Read more

Polymarket to launch its own cryptocurrency

Key facts: According to sources, Polymarket aims to raise USD 50 million with this launch. Some Bitcoiners are critical of Polymarket’s initiative. Polymarket, the leading prediction market platform, is reportedly considering a token issuance valued at over $50 million. The information was given by the newspaper The Informationwhich is based on sources who preferred to … Read more

“Gold is heralding a black swan event for the global economy”

The fact that the price of gold has reached a new all-time high this week, trading above $2,600, seems to be heralding the occurrence of a black swan event, both for the cryptocurrency market and the global economy. This is stated by the analyst Cryptoinsightsuk, who in a message published on X draws attention to … Read more