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Venezuela opposition’s Bitcoin reserve plan must overcome political turmoil first
Opposition leader María Corina Machado proposed adding Bitcoin to Venezuela’s reserves for a new era led by Edmundo Gonzalez. Venezuelan opposition leader María Corina Machado‘s proposal to include Bitcoin (BTC) in the country’s national reserves appeals to both Venezuelans and Bitcoin supporters alike. However, there’s a lingering distrust in the country’s political system and uncertainty over…
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The Fed Will Tell Us Soon If Bitcoin Is at a New Baseline
Today’s Fed interest rate announcement will set the table for a fresh uptick in crypto assets, says Philipp Pieper, co-founder of Swarm Markets.
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Cash is Still King, Consumers Would Prefer to Use Money Over CBDCs: Deutsche Bank
44% of those surveyed said they would rather use cash then a central bank digital currency and 57% said they would prefer to use a debit or credit card than a CBDC, the bank’s survey showed.
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ICP-Based Bitcoin Token ‘ckBTC’ Will Bridge to Cosmos Through Osmosis
Osmosis is partnering with ICP-built Omnity network in order to provide a service for bridging non-custodial BTC into Cosmos.
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Bitcoin’s Rise Over $61K Could Signal Local Top, Binance Volume Indicates
Trading volume on the largest crypto exchange can signal peaks in the bitcoin price.
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US losing edge in crypto due to SEC’s ‘scorched earth’ tactics, Robinhood exec says
Robinhood’s Chief Legal Officer Daniel Gallagher criticized the US Securities and Exchange Commission’s (SEC) approach to crypto regulation in written testimony submitted for a Sept. 18 hearing before the House Financial Services Subcommittee on Digital Assets. Gallagher detailed Robinhood’s efforts to comply with SEC regulations, citing over a dozen meetings and calls over 18 months.…
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CoinDesk 20 Performance Update: UNI Drops 4.7%, Leading Index Lower
All but two assets were trading lower as the index dropped 1.6%
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What Solana’s critics get right… and what they get wrong
Is Solana printing too many tokens? Separating myths from facts about bots and subsidies. Solana started the year as one of the most promising blockchains, but reports of inflated transaction volumes, high bot activity, and hundreds of millions of dollars paid out each month to network validators have become some of the industrys most debated…
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Ex-Coinbase execs to launch exchange using PayPal stablecoin for settlement
Founders who used to work at Coinbase, Circle and Goldman Sachs teamed up to create an exchange that will use PayPal USD as its main settlement currency. A team of former Coinbase executives will launch a digital asset exchange using PayPal’s stablecoin as its form of settlement. On Sept. 18, True Markets unveiled TrueX, a crypto…
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Hemi Labs Raises $15M to Launch Modular Blockchain in Round Led by Binance Labs
The Hemi testnet is now live, with a mainnet launch planned for the fourth quarter.
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