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news-imageSeptember 28, 2024

$16 Bln FTX Repayments To Begin Next Week: Ready For BIGGEST BULL RUN EVER

Next week marks a big moment for the cryptocurrency community as FTX, the Bankrupt Derivatives Exchange begins its repayment process. With a huge $16 billion set to flow into the accounts of crypto traders, analysts anticipate significant buying pressure on both Bitcoin and altcoins.
Publisher: CoinPedia
Sentiment: Positive
General

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Positive
cover-imageBitcoin
September 28, 2024

Crypto Veteran Says Decentralized AI Reduces Bias and Manipulation Risks

Albert Castellana, co-founder and CEO of Yeager.ai, believes artificial intelligence (AI) can propel blockchain-based applications beyond simple, static contracts. AI integration unlocks “much more subjective decision-making,” opening doors to entirely new use cases, he argues in written responses to Bitcoin.com News questions.

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Positive
cover-imageBitcoinist
September 28, 2024

Lummis Predicts Positive Outlook For Crypto If Senate Shifts To Republican Control

In a recent interview with CNBC, Republican Senator Cynthia Lummis, a prominent advocate for crypto assets, discussed the potential for significant regulatory changes following the upcoming US elections. With just under two months until voters head to the polls, Lummis emphasized the need for a robust digital asset framework to support the US economy.

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Positive
cover-imageCoinPedia
September 28, 2024

Top 5 Crypto Coins That Skyrocketed in the Last 24 Hours:Did you Invest?

As Bitcoin has started the rally, all the altcoins are following it. However, there are many coins who are performing better than others. How is your portfolio doing? Let's have a look at the top 5 cryptos who have gained the most in the last 24 hours.

general-iconGeneral
Positive
cover-imageBitcoin
September 28, 2024

Cryptocurrency Purchases Soar in Brazil: $12.37 Billion Spent YTD

According to data from the Central Bank of Brazil, purchases of cryptocurrency made abroad have soared this year, surpassing the numbers registered in 2023. These purchases, considered imports, have reached $12.37 billion year-to-date, exceeding the total crypto purchases of 2023.

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Neutral
cover-imageBitcoinist
September 28, 2024

Crypto Market: Data Shows Retail Fades, But Are Big Investors Seizing the Moment?

Despite the ongoing gradual recovery in crypto prices, the latest data has shown a shift in sentiment among retail investors, particularly those in the Korean market, who appear to be more cautious. A CryptoQuant analyst named Mac D recently published insights on the CryptoQuant QuickTake platform, highlighting the implications of this change.

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Negative
cover-imageCoinPedia
September 28, 2024

U.S. Crypto Regulations: Senator Cynthia Lummi Demands Clarity Amid SEC's Unclear Approach

With the US presidential elections around the corner! Senator Cynthia Lummis of Wyoming calls out the U.S. Securities and Exchange Commission (SEC) for its approach to regulating cryptocurrencies. In a recent interview on CNBC's Squawk Box, she criticized SEC Chair Gary Gensler for using enforcement actions instead of providing clear rules for the industry.

general-iconGeneral
Negative
cover-imageCoinPedia
September 28, 2024

Crypto Hack Weekly Report: A Deep Dive into This Week's $10M DeFi Exploits

While many aspects of the cryptocurrency continue to evolve, the space remains vulnerable to security risks and this week saw several big DeFi hacks. Most of these hacks have led to millions in loss with investors having their confidence dented while at the same time, these hacks have exposed weaknesses within decentralized finance protocols.

general-iconGeneral
Positive
cover-imageCoinPedia
September 28, 2024

Crypto Market Prediction: How Macroeconomic Factors Will Shape Q4

The cryptocurrency market is set to enter the fourth quarter of the year next week, with high expectations, as historically, Q4 has been highly favorable to the market; in Q4 2023, the market achieved an impressive return of +56.6%.

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Neutral
cover-imageBitcoin
September 28, 2024

Putin: Russia Examining Digital Currencies for Independent Payments

Vladimir Putin highlighted that Russia is examining the use of national digital currencies to implement an independent and supranational alternative payment system. However, he also outlined the intricacies of building such a platform, given the level of integration of major trading partners with the current financial system.

general-iconGeneral
Positive
cover-imageNewsBTC
September 28, 2024

Grayscale's Bullish Forecast: The Top 20 Crypto To Watch In Q4

Crypto asset manager Grayscale has published an in-depth report outlining sectors poised for bullish growth in the final quarter of the year amid a notable recovery in the cryptocurrency market, particularly for major players such as Bitcoin (BTC) and various altcoins, which have reached price levels not seen in over two months. Grayscale Highlights Key Trends In Crypto In its Thursday report, Grayscale updated its Crypto Sectors Indexes, showcasing emerging themes within the digital asset industry.

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Negative
cover-imageCoingape
September 28, 2024

Senator Cynthia Lummis Critiques US SEC's Crypto Regulation Approach

Wyoming Senator, Cynthia Lummis, an advocate for digital assets, has criticized the US Securities and Exchange Commission's (SEC) handling of cryptocurrency regulations. Speaking on CNBC's Squawk Box, Lummis criticized SEC Chair Gary Gensler for his attitude towards the cryptocurrency market saying it was counterproductive and problematic.

general-iconGeneral
Negative
cover-imageBitcoin
September 28, 2024

FBI Seizes $6M in Crypto From Southeast Asian Scammers

U.S. authorities have seized over $6 million worth of cryptocurrency linked to a fraudulent investment scheme organized by Southeast Asian criminals. Targeting U.S. individuals, the criminals manipulated victims through fake cryptocurrency platforms. The Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) recovered the funds using blockchain tracing.

general-iconGeneral
Positive
cover-imageBitcoin
September 28, 2024

Bybit Expands in CIS Region With Kazakhstan License for Crypto Services

Crypto exchange Bybit has secured a major license in Kazakhstan, marking its expansion in the Commonwealth of Independent States (CIS) region. With its new regulatory approval, Bybit plans to offer a broad range of services including digital asset trading and crypto loans, while emphasizing Kazakhstan's growing influence in the global crypto ecosystem.

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Negative
cover-imageBitcoin
September 27, 2024

Crypto Platform CEO Arrested for Allegedly Paying Deputies in Extortion Scheme

Crypto platform Zort's CEO has been arrested on multiple charges. Allegations against Iza include paying large sums to Los Angeles County deputies for illegal activities, such as unlawful searches, extortion schemes, and even a failed kidnapping attempt. “Iza boasted about paying ‘active duty' law enforcement $280,000 per month,” according to the authorities.

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Neutral
cover-imageCryptopolitan
September 27, 2024

Coinbase research shows that crypto and stock markets are highly correlated

The correlation between the cryptocurrency and stock markets is at an all-time high in September, according to a recent Coinbase research. The research also indicated that global easing campaigns in China and the U.S. are among the main reasons for the increased correlation, now nearing 50%.

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Negative
cover-imageThe Currency Analytics
September 27, 2024

Terror Victims Sue DOJ Over $4.3 Billion Binance Settlement Funds

Four individuals who are either victims or family members of victims of state-sponsored terrorism have filed a lawsuit against the U.S. Department of Justice (DOJ). Their claim revolves around the DOJ's handling of a staggering $4.3 billion settlement resulting from the legal troubles of cryptocurrency exchange Binance.

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Neutral
cover-imageCoingape
September 27, 2024

Breaking: Binance Founder Changpeng “CZ” Zhao Released Early From Custody

Binance Founder Changpeng “CZ” Zhao has been released from custody on Friday, following the completion of a four-month prison sentence. Zhao's early release, two days ahead of schedule, was due to federal guidelines allowing inmates to be released before weekends or holidays.

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