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Bitcoin, Ethereum Technical Analysis: Price Movement in BTC, ETH Stalls to Start the Weekend – Market Updates Bitcoin News

September 9, 2023

Bitcoin consolidated for yet another week, as price entered Saturday around the same point at which it stood on Monday. Despite a brief rally on Thursday, which saw the price move above $28,000, the cryptocurrency has largely been unchanged. Bitcoin Bitcoin started the weekend trading close to the $26,000 level, as bulls attempted to break into this price zone. Friday saw bitcoin peak at…

Biggest Movers: DOGE Moves Away From Support Level, XLM Nears 1-Month High – Market Updates Bitcoin News

September 9, 2023

Dogecoin moved away from a key price floor on Saturday, as the meme coin ended a three-day winless run. Price has traded in the red since Wednesday, leading to a collision with a support point of $0.0620. Stellar also rallied, nearing a one-month high in the…

Fourth Consecutive Week of Decline: NFT Sales Dip 6.75% – Markets and Prices Bitcoin News

September 9, 2023

Non-fungible token (NFT) sales took yet another dip this week, marking the fourth consecutive week of decline, albeit a slight one, with a decrease of 6.75%. From September 2, 2023, to September 9, the total sales for this week amounted to approximately $80.69 million, with…

FBI Traces $41 Million Cryptocurrency Theft From Stake.com to Lazarus Group – Featured Bitcoin News

September 9, 2023

The Federal Bureau of Investigation (FBI) says it has confirmed that North Korea’s Lazarus Group was behind the crypto theft of about $41 million from online crypto casino and sports betting platform Stake.com. The FBI has provided a number of Bitcoin, Ethereum, Binance Smart Chain (BSC), and Polygon addresses that received stolen funds from Stake.com. FBI Attributes $41M Crypto Theft to Lazarus…

US Court Orders Collapsed BTC Investment Firm to Pay Over $1.7 Billion in Restitution for Forex Fraud – Legal Bitcoin News

September 9, 2023

A United States Federal Court Judge has ordered the collapsed bitcoin investment platform Mirror Trading International to pay over $1.7 billion in restitution. Commodity Futures Trading Commission director of enforcement Ian McGinley said the CFTC will not hesitate to go…

Ripple Acquires Crypto Financial Services Company Fortress Trust – Finance Bitcoin News

September 9, 2023

Ripple, a leading blockchain and cryptocurrency company, has acquired Fortress Trust, a Nevada-licensed financial services provider for the crypto industry. The purchase expands Ripple’s regulatory licenses and infrastructure to bolster its position in enterprise…

Surge in Digital Asset Management: Study Shows Nearly 50% of Asset Managers Now Handle Crypto – Finance Bitcoin News

September 9, 2023

Close to half of asset managers currently have digital assets under management, according to a new study. Firms large and small are implementing crypto strategies for clients and expanding offerings. Asset Managers Embrace Crypto: 48% Now Manage Digital Assets The study by digital currency data provider Amberdata with Coalition Greenwich finds that 48% of institutional investors now manage digital…

Binance Boss Counters 'FUD' Amidst Legal Challenges, Touts Company's Resilience and Low Turnover – Bitcoin News

September 9, 2023

Binance has faced a series of negative news reports in recent weeks. However, the cryptocurrency exchange’s leader, Changpeng Zhao, known as CZ, used social media to assure the community that the reports were just fear, uncertainty, and doubt (FUD). Despite the departure…

Tether Boasts $72.5 Billion US Treasury Exposure as Interest in National Debt Falters – Bitcoin News

September 9, 2023

Tether, the largest stablecoin in the cryptocurrency market, discussed how its leverage of U.S. treasury bills creates a steady demand for U.S. national debt as a backup of the USDT issuance. The company has exposure to almost $73 billion in U.S. debt, held directly…

IMF and FSB Release 'Policies for Crypto Assets' at G20 Request – Regulation Bitcoin News

September 9, 2023

The International Monetary Fund (IMF) and the Financial Stability Board (FSB) have published their synthesis paper titled “Policies for Crypto Assets,” which was developed at the request of the Indian G20 Presidency. The global organizations “have set out a roadmap to ensure effective, flexible, and coordinated implementation of the comprehensive policy response for crypto-assets.” IMF…