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news-imageSeptember 20, 2024

Impact of Fed Rate Cuts on Crypto Markets, Bybit Executive Weighs In

Bybit's head of institution has shared his insights into the possible effects of the Federal Reserve's rate cuts on the cryptocurrency market. “We anticipate that the recent rate cut could enhance market sentiment and encourage both retail and institutional investors to diversify their portfolios by exploring and investing in cryptocurrencies,” he opined.
Publisher: Bitcoin
Sentiment: Positive
General

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Positive
cover-imageCoincu
September 20, 2024

ConsenSys SEC Lawsuit Dismissed by Court

Texas court dismissed ConsenSys SEC lawsuit, ruling that the agency's enforcement actions do not constitute final agency decisions.

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Positive
cover-imageBitcoin
September 20, 2024

Commerzbank Partners With Deutsche Börse's Crypto Finance to Expand Crypto Services

Commerzbank, one of Germany's largest banks, has partnered with Deutsche Börse subsidiary Crypto Finance to offer secure bitcoin and ether services to its corporate clients. The collaboration focuses on seamless trading and custody solutions, ensuring regulated access to digital assets for select clients in Germany.

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Negative
cover-imageCryptopolitan
September 20, 2024

BingX crypto exchange hacked, activates emergency plan

Crypto exchange BingX has reported a potential security breach affecting its hot wallet. The incident has pushed the exchange to implement its emergency response protocols.

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Positive
cover-imageNewsBTC
September 20, 2024

Crypto Analyst: Bull Market Hinges On This Indicator Reaching 45%

In a detailed post on X, crypto analyst Jamie Coutts outlined various indicators he monitors to gauge when the market might pick up bullish momentum. Crypto Market Might Be In The Final Stage Of The Bearish Phase Coutts, Chief Crypto Analyst at the financial knowledge and education platform RealVision, noted that the cryptocurrency market has gradually declined.

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Positive
cover-imageBitcoin
September 20, 2024

Boerse Stuttgart Digital, DZ Bank Expand Crypto Access to 700 German Banks

Boerse Stuttgart Digital is collaborating with DZ Bank to bring secure cryptocurrency trading and storage to over 700 cooperative banks across Germany. The move marks a significant step toward mainstream crypto adoption in Europe, with banks now offering regulated crypto services to retail customers.

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Negative
cover-imageBitcoin
September 20, 2024

German Authorities Shut Down 47 Crypto Exchange Services in Cybercrime Crackdown

German authorities have dismantled 47 exchange services involved in facilitating anonymous crypto transactions for criminal activities. These platforms bypassed anti-money laundering protocols, enabling cybercriminals to exchange digital currencies without identity verification. The takedown follows a series of other operations targeting major cybercrime networks.

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Neutral
cover-imageCoingape
September 19, 2024

Texas Court Dismisses Consensys Suit Against SEC on Procedural Basis

The United States District Court for the Northern District of Texas dismissed Consensys Software Inc.‘s case against the Securities and Exchange Commission. This was after a long legal battle to determine the status of Ethereum and other similar software products.

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Negative
cover-imageCoingape
September 19, 2024

Coinbase CLO Debunks SEC ‘Crypto Asset Security' Claims Before Gensler Hearing

Coinbase CLO Paul Grewal and Ripple CLO have challenged the SEC's terminology of “crypto asset security,” a term increasingly used by the regulatory agency. His criticism comes at a time when the SEC is under pressure for coming up with this term yet there is no law in the United States that supports it.

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Negative
cover-imageCointelegraph
September 19, 2024

US federal judge tosses Consensys' suit against SEC

A Texas federal court judge has dismissed a lawsuit brought by Consensys against the SEC that claimed the agency was investigating Ethereum to classify it as a security.

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Positive
cover-imageCoingape
September 19, 2024

CertiK Ventures Unveils $45M War Chest: Is Web3 Security the Next Big Bet?

The investment arm of CertiK is looking to expand Web3 adoption and has made a significant, multimillion-dollar investment in fostering new initiatives in the industry called Certik Ventures. On September 19, CertiK Ventures announced a $45 million investment intended to nurture high-potential projects to bring more integration and security to the Web3 ecosystem.

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Positive
cover-imageBitcoin
September 19, 2024

Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam

Lightspark hopes to enter Latin America's cryptocurrency market through its partners in the region, including exchanges like Bitso and fintech institutions like Nubank. Nicolas Cabrera, Lightspark's vice president of product, explained that the company will focus on targeting Latin America's remittances and cross-border payments market, using its products to streamline these processes.

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Neutral
cover-imageCoingape
September 19, 2024

US SEC Commissioner Gives Cautious Nod To Donald Trump's DeFi Project: Report

The US SEC Commissioner has reportedly shared a cautious nod for the Donald Trump family's DeFi project World Liberty Financial (WLFI). Notably, the project has gained notable traction recently, especially as the project is associated with the former US president.

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Negative
cover-imageCrypto Mufasa
September 19, 2024

Crypto Bank Silvergate Files for Chapter 11 Bankruptcy

The bankruptcy filing reveals Silvergate's financial state with assets estimated between $100 million and $500 million, and liabilities ranging from $10 million to $50 million. The filing also includes affiliates Silvergate Liquidation Corporation and Spring Valley Lots LLC.

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Positive
cover-imageBitcoin
September 19, 2024

Blockchain Industry Players Launch MiCA Crypto Alliance in the EU

The DLT Science Foundation (DSF) has announced its support for the launch of the MiCA Crypto Alliance, with Hedera, Ripple, and Aptos Foundation as founding members. This industry association aims to streamline and enhance compliance with the European Union's Markets in Crypto-Assets (MiCA) regulation, fostering a sustainable and compliant crypto ecosystem.

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Positive
cover-imageThe Daily Hodl
September 19, 2024

Louisiana Announces That State Services Can Now Be Paid For With Crypto

The Southern Coastal US state of Louisiana is announcing that its services can now be paid for with crypto assets. According to a new press release, the government of Louisiana is collaborating with software firm Envoc and crypto payments platform Bead Pay to revolutionize how payments are made for the state's services.

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