In a joint statement, Jeremy Allaire, CEO of Circle, and Brian Armstrong, CEO of Coinbase, announced the dissolution of the Centre Consortium. Consequently, Circle will take exclusive charge of the issuance and governance of USDC. Additionally, Coinbase has acquired an equity stake in Circle while signaling a stronger commitment to stablecoins.
Circle, Coinbase Dissolve USDC’s Centre…
Bitcoin, Ethereum Technical Analysis: BTC Falls Briefly Below $26,000, as Sentiment Remains Weak – Market Updates Bitcoin News
August 23, 2023
Bitcoin fell below the $26,000 level on Tuesday, as sentiment in the cryptocurrency market remained bearish. The latest drop comes despite price being oversold, following recent declines. As of writing, the global market cap is down 0.42%.
Bitcoin
Bitcoin dropped marginally…
Revolutionizing Crypto Trading: KyberSwap Introduces KyberAI - The Leading AI-Driven Crypto Trading Tool – Sponsored Bitcoin News
August 23, 2023
KyberSwap, a leading decentralized exchange has unveiled KyberAI, a suite of AI-powered crypto tools poised to reshape how traders navigate the dynamic landscape of decentralized finance. KyberAI was developed to address the pressing need for predictive insights in the…
The Enigmatic Rise of the $3 Billion BTC Whale — Tracing the Mysterious Path of Bitcoin's Third Largest Wallet – Bitcoin News
August 23, 2023
This week, various reports and social media discussions have centered around the third-largest bitcoin (BTC) wallet, a long-standing enigma that potentially maintains the same ownership despite changes in its address.
Billion-Dollar Mysteries: The Cryptic Evolution of Bitcoin’s Third-Largest Wallet
The mysterious bitcoin wallet has garnered attention as it rose to the third largest in a span of…
Binance Plans to Halt EUR Withdrawals via SEPA Amid Third-Party Payment Challenges – Bitcoin News
August 22, 2023
Numerous sources have indicated that Binance, the largest crypto exchange by global trading volume, has temporarily halted EUR withdrawals and deposits through SEPA due to challenges with a third-party payment facilitator. However, a post published by Binance’s customer…
Australia-Based Crypto Lender Sentenced for False Credit License Claims – Regulation Bitcoin News
August 22, 2023
The Australian securities regulator recently revealed that the crypto lending platform Helio pleaded guilty to the allegation of falsely claiming to be a holder of the Australian Credit License (ACL). For admitting to committing the offense, Helio is said to have entered a…
Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate, Following Last Week’s Losses – Market Updates Bitcoin News
August 22, 2023
Bitcoin rebounded from this weekend’s low on Monday, as markets attempted to consolidate following recent losses. The cryptocurrency rose back above the $26,000 level, after a brief stint below this point. Ethereum also settled, after declines over the weekend.
Bitcoin
Bitcoin was marginally higher to start the week, as the cryptocurrency climbed back above the $26,000 level on Monday.
Following…
As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn – Bitcoin News
August 22, 2023
Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second most prolific day for inscriptions ever. Additionally, over the past seven days, Ordinal inscriptions represented a hefty 53.9%…
SEC Files Motion to Certify Interlocutory Appeal of Ripple-XRP Ruling – Regulation Bitcoin News
August 21, 2023
The U.S. Securities and Exchange Commission (SEC) has filed a motion to certify an interlocutory appeal of two rulings in the Ripple case regarding XRP. According to the securities regulator, “Immediate appeal of these rulings is warranted … because they involve…
Authorities in Uzbekistan have authorized two local banks to issue payment cards allowing users to spend their digital coins. The move is part of a pilot project to launch virtual cards linked to cryptocurrency wallets on an exchange that will facilitate instant conversion to fiat money.
Uzbekistan Banks to Launch Virtual Cards Replenished From Crypto Wallets
Uzbekistan’s National Agency of…
