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Bitcoin News
Altcoinbuzz
2M
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North Carolina Blocks CBDCs with New Law
- North Carolina has passed a law blocking the use of CBDCs for payments and prohibiting the testing of a digital dollar in the state.
- The state aims to protect financial privacy and independence by rejecting a federal central bank digital currency.
- However, since no major country has fully rolled out a CBDC, the impact of the law may be more symbolic than practical.
- There are also doubts about the legal power of North Carolina to block the federal government from testing or accepting a CBDC.
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Bitcoinchaser
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Best Anonymous Crypto Sports Betting Sites & Bonuses (2024)
- Anonymous crypto sports betting is now possible due to the rise of cryptocurrency in the betting world.
- There are several anonymous crypto sports betting sites, including Nitrobetting, Sportbet.one, Betswap.gg, and more.
- The benefits of these sites include increased security, accessibility, and privacy, fewer fees, faster transactions, and exclusive bonuses.
- Anonymous crypto sports betting often requires minimal personal information during sign-up and offers increased privacy during transactions.
- Best cryptocurrencies for anonymous sports betting include Monero, Zcash, Dash, Verge, and PIVX.
- Anonymous crypto sports betting may be ideal for people who prioritize security, privacy, and accessibility.
- The use of various cryptocurrencies provides increased security, privacy, and flexibility.
- Cryptocurrency transactions are faster and cheaper than traditional banking methods.
- Different anonymous crypto sports betting sites offer unique bonuses and promotions tailored specifically for crypto users.
- Anonymous crypto betting is simple to register with an email address and password only for some sites.
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Livebitcoinnews
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Circle to Move Headquarters to New York
- Circle, the stablecoin issuer, has announced that it will move its headquarters to New York City and set up a flagship space in 1 World Trade Center.
- The move signifies Web3's entry into the mainstream and highlights Circle's growth in facilitating trillions of dollars of onchain transactions and supporting thousands of developers and applications.
- Circle's USDC stablecoin is the second largest by market capitalization and plays a crucial role in onchain dollar equivalency, allowing users to store value, trade assets, and settle payments efficiently.
- In addition to the headquarters move, Circle has filed for an IPO with the SEC and awaits approval. The company expects the US crypto industry to experience significant growth.
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Altcoinbuzz
2M
372
Circle and Sony Partner to Expand USDC on Soneium
- Circle and Sony have partnered to expand the use of USDC on Sony's Soneium blockchain.
- The collaboration aims to make USDC a preferred choice for creators and developers on Soneium.
- Circle's Bridged USDC Standard allows seamless integration of USDC on different blockchains, connecting Ethereum to Soneium.
- Sony Block Solutions Labs aims to enhance the creative projects in the Web3 space by enabling easy exchange of value.
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Coinpedia
2M
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Bitcoin Price Drops To $58K, Can the FED’s Interest Rate Decision Ignite Bull Run?
- Bitcoin price closes above $58k support level, signaling potential bullish recovery.
- Gold's bullish breakout suggests a similar trend for Bitcoin and altcoin industry.
- US Federal Reserve likely to cut interest rates, improving overall liquidity and boosting perceived risky assets.
- Bitcoin price could drop to $54k if support level is not defended, but closing above $60k could invalidate bearish sentiment.
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17 Likes
Newsbtc
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Analyst Sounds Warning For Bullish Investors, Says Solana Will Crash 42% To $80
- Crypto analyst warns that Solana price could crash 42% to $80.
- Analyst points out developing bearish trends in 2024 compared to 2023.
- Current spikes in Solana volume are red, indicating a bearish trend.
- Being bullish on Solana price at the moment could be a mistake.
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Livebitcoinnews
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SEC Clarifies Its Usage of “Crypto Asset Securities,” Drawing Major Criticism From Industry Participants
- The SEC clarifies its usage of the term 'crypto asset securities' in a court filing.
- Industry participants criticize the SEC for its explanation, stating it contradicts itself.
- The SEC defines 'crypto asset securities' as the full set of contracts and expectations related to sales and distribution.
- The SEC is facing criticism for its enforcement-based approach towards regulating the cryptocurrency industry.
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Crypto-News-Flash
2M
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Bitcoin Slumps Following Second Assassination Attempt on Trump
- Bitcoin price slumps following the second assassination attempt on former President Donald Trump.
- The cryptocurrency market is sensitive to global political events, leading to significant fluctuations.
- Trump survived the attempt while playing golf at his West Palm Beach course.
- Bitcoin slumped by 2.50% in response to the incident, resulting in liquidations of $116.52 million.
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16 Likes
Coinpedia
2M
381
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Bitcoin Drops to $58.5k: Can Bulls Rebound to $63.8k Amid Fed Rate Speculation?
- The Bitcoin price experiences a bearish turnaround, with a 3.45% decline and testing the $58,655 support level.
- Analysts predict a potential comeback for Bitcoin, with the average bull run cycle starting 170 days after the halving.
- The Titans of Crypto foresee a 71% rally from the current market price, potentially reaching a target of $92,000.
- Chances of a rate cut and FOMC meeting increase the chances of a Bitcoin bull run, with the next target at $63,847.
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TechBullion
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On Chain Metrics Suggest Bitcoin Cash, BlockDag and Angry Pepe Fork Will Continue To Rise
- Bitcoin Cash (BCH) is showing positive momentum and may experience a significant rally.
- BlockDag (BDAG) is an innovative project using DAG technology and has raised $71.9 million in its presale phase.
- Angry Pepe Fork (APORK), a memecoin with utility, is expected to continue rising after a 78% increase in the first stage of its presale.
- APORK's supply cap and built-in rewards mechanism contribute to its potential long-term growth.
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Cryptoslate
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First significant rise in Bitcoin velocity since March shows spike in trading
- Bitcoin velocity measures the rate at which coins are circulating within the market.
- In September, Bitcoin's velocity experienced a notable uptick, indicating increased market activity.
- While this short-term spike is significant, the overall trend shows a decline in Bitcoin velocity.
- The current uptick in velocity suggests a possible bullish outlook but needs sustained market activity to reverse the declining trend.
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21 Likes
Cryptopotato
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Ripple’s (XRP) Price Rally, Bitcoin’s Volatility Amid Trump Assassination Attempt, SHIB Price Outlook: Bits Recap Sep 16
- XRP gained 7.5% last week, boosted by Grayscale’s Ripple Trust launch and rumors of a Robinhood re-listing.
- BTC dropped below $60,000 after briefly surpassing $60,500, affected by negative news in the broader market such as the supposed assassination attempt on Donald Trump.
- SHIB increased by 2% over the week amid a high level of fear, uncertainty, and doubt (FUD) in the ecosystem.
- Ripple's XRP saw a surge following the launch of Grayscale's Ripple Trust, reaching $0.60, and there are rumors of XRP being re-listed on Robinhood.
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19 Likes
TheNewsCrypto
2M
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Crypto Market Goes into Uncertainty Mode As Bitcoin Recedes to $58K
- Bitcoin price recorded a 2.38% decline in daily price movement as per CMC data.
- The cryptocurrency' s daily trading volume surged by 67.96% in the last 24 hours.
- The overall crypto market entered a slump over the weekend, after prices fell yet another time this month.
- Notably, leading cryptocurrency, Bitcoin exhibited a 2.38% price drop over the last 24 hours and slid down to its previous resistance at $58K.
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Coinpedia
2M
27
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Top Mathematician Says Bitcoin Will 10x From Here: ‘It Has No Competition’
- Mathematician Fred Krueger believes Bitcoin will 10x from its current value and has no competition.
- Krueger sees Bitcoin as a revolutionary force that aims to replace the traditional financial system.
- While other cryptocurrencies focus on practical uses, Bitcoin aims to disrupt banks and remove government control.
- Krueger predicts Bitcoin will eventually replace banks and the US dollar, becoming a mainstream daily currency.
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1 Like
Coinpedia
2M
404
Image Credit: Coinpedia
FED Interest Rate Decision: How a 0.50% Cut Could Impact Bitcoin and Stocks?
- Crypto trader Doctor Profit predicts a 0.50% interest rate cut by the Federal Reserve.
- He believes a 0.25% cut would be insufficient for the current economic situation.
- Bitcoin and stocks face extreme volatility ahead of the Fed's decision.
- Doctor Profit advises managing risk carefully in the short term and expects a positive mid-term outlook.
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