Author: e_cash_top

[ad_1] Famed crypto promoter Ian Balina has labeled the SEC charges against him as frivolous, saying he is “excited to take this fight public.” Excited to take this fight public. This frivolous SEC charge sets a bad precedent for the entire crypto industry. If investing in a private sale with a discount is a crime,…

Bitcoin Rainbow Chart updated with new lower band after second breach

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in Uncategorized

[ad_1] The infamous Bitcoin Rainbow Chart has been updated to include a new lower band called “1BTC = 1BTC.” The chart echoes PlanB’s stock-to-flow model in terms of sentiment, with bands indicating when to buy and sell Bitcoin. Source: blockchaincenter.net “The original Rainbow Chart is dead. Long live the Rainbow Chart with the new indigo…

USDT, USDC exchange balance going in opposite directions

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[ad_1] Often an overlooked part of the cryptocurrency market, stablecoins can be used to determine the current state of the market. Stablecoin balance on exchanges represents “dry powder,” or idle liquidity that can become a strong driving force in the market. The total stablecoin balance on exchanges has only recently become a significant factor in…

Australian senator releases draft bill to push for crypto regulation

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in Guides

[ad_1] Australian liberal senator Andrew Bragg released a draft bill to provide regulation of stablecoins, digital asset exchanges, and disclosure requirements for the Chinese CBDC, e-Yuan, on Sept. 19. The draft bill, titled “Digital Assets (Market Regulation) Bill 2022”, welcomes stakeholder consultation before its clearance on Oct. 31. Braggs explained that Australia is falling behind…

UK regulator says FTX has no authorization to operate in the country

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[ad_1] The U.K. Financial Conduct Authority (FCA) said FTX operates within the country without authorization, the Financial Times reported on Sept 19. According to the FCA, those using FTX “will not have access to the Financial Ombudsman Service or be protected by the Financial Services Compensation Scheme (FSCS), so you are unlikely to get your…

Nansen Ronin report reveals 82.7% drop in Q2 TVL, struggle to attract validators but bullish signs ahead

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[ad_1] The Ronin bridge, an Ethereum sidechain designed to facilitate the growth of the Axie Infinity universe, has had a mountain to climb following its major exploit in April, which led to hundreds of millions of dollars being stolen by hackers. A report from Nansen Alpha exclusively shared with CryptoSlate identified the state of the…

Ripple, SEC file summary judgment as crypto community watch keenly

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[ad_1] The case between the U.S. SEC and Ripple Labs could finally end after both parties filed for summary judgment. According to motions filed before the U.S. District Court of the Southern District of New York, the two parties are asking the court to give a summary judgment based on the evidence and arguments already presented.…

Major sell-off sees total crypto market cap dip to $900B

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in Uncategorized

[ad_1] The total crypto market cap is down 15% over the past seven days, dropping from $1.069 trillion to $903 billion at writing. Most of the losses came on Sunday, September 18, with a steady uptick in outflows beginning in the morning (UTC). This pattern continued into Monday morning, with the early hours seeing significant…

Ethereum PoW loses 200 WETH to Omni bridge vulnerability exploit

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