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Bitcoin, Ethereum Technical Analysis: BTC Drops Below $20,000 Ahead of US Nonfarm Payrolls Report
7.10.2022
Bitcoin was trading below $20,000 on Friday, as markets prepared for the release of the latest U.S. nonfarm payrolls report. The token moved lower for the third consecutive session, as bearish sentiment returned to markets. Ethereum continued to consolidate ahead of this afternoon’s release....
First Mover Americas: It’s Payrolls Day Again, and Bitcoin Holds Tight Near $20K
7.10.2022
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 7, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
EU Bans Crypto Services for Russians in New Sanctions Over Ukraine Escalation
7.10.2022
An array of crypto-related services have been targeted in the latest round of sanctions on Russia approved by the EU. The measures are part of an expected tightening of the economic and financial restrictions in response to Moscow’s decision to annex Ukrainian territories. EU Council Adopts...
Indian Central Bank Publishes Concept Note on its CBDC, Digital Rupee
7.10.2022
"Currently, we are at the forefront of a watershed movement in the evolution of currency that will decisively change the very nature of money and its functions," the RBI said in its concept note
Crypto Exchange FTX's Token Surges 7% After Visa Partnership Report
7.10.2022
FTT, the native token of the FTX exchange, has surged 7% following a partnership with payments giant Visa
Morgan Stanley Says Crypto ETPs Continue to Grow Despite Bear Market
7.10.2022
There are more than 180 crypto ETF/ETP and trust products, and half of these have launched since the bitcoin bear market started, the bank said
Crypto Exchange Okx Blocked by Russia’s Telecom Watchdog
7.10.2022
Russian media and communications regulator, Roskomnadzor, has restricted access to the website of a major cryptocurrency exchange, Okx. The trading platform was one of those that did not restrict access for Russians amid sanctions that affected the industry’s business in Russia....
Partnership to Operate Malaysia's National Blockchain Infrastructure Sealed
7.10.2022
Malaysia's Blockchain Infrastructure will be jointly created and operated by Zetrix, a Malaysia-based layer-1 blockchain structure and MIMOS Technology Solutions Sdn. Bhd. (MTSSB), a tech consultancy and the infrastructure will be for all levels of government and commercial sectors, an announcement...
Bitcoin Miner Argo Blockchain Raises $27M to Ease Liquidity Pressures, Shares Plunge 15%
7.10.2022
London-based bitcoin miner Argo Blockchain has raised $27 million after agreeing to issue 87 million shares to a sole investor
Will Comatose Bitcoin Market Come Alive After NFP Data?
7.10.2022
Bitcoin has returned exactly 0.0%, on average, on NFP days in 2022, but picture changes during the week after the data release, past data show
Scammers Are Targeting Cryptocurrency Scam Sites to Hijack Their Targeted Audience
7.10.2022
Cryptocurrency scam sites are being targeted by other scammers to hijack their traffic and their possible earnings. A recently detected threat actor, named Water Labbu, is manipulating the users that are drawn to these sites as a source of revenue, injecting a malicious script as a tool...
Binance Smart Chain Validators Look to Push Update to Bring BSC Back Online
7.10.2022
A tweet from the official BNB chain Twitter account indicates that the chain is expected to be back online in the afternoon Asia time
BNB Smart Chain Resumes Operations After $100M Exploit
7.10.2022
A tweet from the official BNB chain Twitter account indicates that the chain is expected to be back online in the afternoon Asia time
Fidelity Launches Ethereum Index Fund — Sees Client ‘Demand for Exposure to Digital Assets Beyond BTC’
7.10.2022
A filing with the U.S. Securities and Exchange Commission has shown that Fidelity looks to launch an investment product known as the Fidelity Ethereum Index Fund on October 4, 2022. While the new fund is not an exchange-traded fund it is said to be structured as a “traditional limited...
Gofaizen & Sherle to Help Businesses Scale the New Lithuanian Cryptocurrency Regulations
7.10.2022
PRESS RELEASE. In light of the strengthened supervision of the cryptocurrency sector by Lithuania, Gofaizen & Sherle, an international legal and management consulting firm based in Europe, has taken the initiative to assist businesses in navigating these new regulations. According...
Bitcoin Miner Greenidge Seeks to Raise $22.8 Million in Class A Common Stock Proposal
7.10.2022
The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with...
Zcash May Be Getting Spammed, but the Blockchain is Doing Just Fine, the Company Behind it Says
7.10.2022
The Electronic Coin Company, the organization behind Zcash, claims that concerns of a spam attack are mostly just FUD
Binance-Backed BNB Smart Chain Paused Over Potential Multi-Million Dollar Exploit, Token Slides 4%
7.10.2022
On Thursday, 6:19 p.m. (ET), the official Twitter account for the Bnb Smart Chain explained that the team was temporarily pausing the blockchain, after citing that it noticed irregular activity. Sources say that more than $600 million in Bnb tokens were reportedly stolen from the chain’s...
First Mover Asia: The Crash of Three Arrows Capital’s Starry Night Portfolio Shows NFTs' Lack of Staying Power; Bitcoin Regains $20K After Earlier Drop
7.10.2022
The collection, now valued at $840,000, is worth less than a percentage point of the $21 million that the troubled hedge fund spent in assembling it
European Lawmakers Urge for Crypto Taxation, Use of Blockchain to Fight Evasion
7.10.2022
Members of the European Parliament have called for “effective taxation” of crypto assets and “better use of blockchain” to counteract tax evasion. A resolution aiming to achieve both objectives has been approved by a large majority which also wants small crypto traders...