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Crypto Exchanges Bybit and Okx Drop Cards of Sanctioned Russian Banks – Exchanges Bitcoin News

August 31, 2023

Cryptocurrency exchanges Bybit and Okx have discontinued support for payment cards issued by sanctioned banks from Russia. The moves follow in the footsteps of Binance, the world’s largest exchange for digital assets, which recently removed such cards from its peer-to-peer (P2P) platform. Bybit and Okx Stop Operations With Sanctioned Russian Banks Bybit and Okx, two of the top crypto spot…

Bitcoin, Ethereum Technical Analysis: BTC Jumps Above $28,000, as Markets Remain Buoyed by Grayscale Court Win – Market Updates Bitcoin News

August 31, 2023

Bitcoin climbed over the $28,000 level late on Tuesday, as markets reacted to the news that Grayscale had won its battle with the SEC. The ruling over the U.S. Securities and Exchanges Commission boosted crypto prices across the board, with bulls returning to action.

Shiba Inu's Shibarium Returns to Full Operation After Navigating Bridge Issues – Altcoins Bitcoin News

August 30, 2023

The Shiba Inu development team has announced that Shibarium is now fully functional after recent challenges where funds became inaccessible in the bridge. Shiba Inu’s Shytoshi Kusama thanked Sandeep Nailwal, the co-founder of Polygon Labs, who stepped in with crucial…

Binance Mulls Leaving Russia, Limits Options for Russian Users – Exchanges Bitcoin News

August 30, 2023

Crypto exchange Binance considers exiting Russia amid increased scrutiny over its services for users in the sanctioned nation. The news of the potential move comes after the exchange delisted several sanctioned Russian banks from its peer-to-peer (P2P) platform and restricted fiat payment options for Russian traders. Full Russia Exit Is on the Table, Binance Representative Says The world’s…

Crypto Analyst Predicts Stablecoin Adoption Boom Even in Face of Hostile Regulation – Bitcoin News

August 30, 2023

Jamie Coutts, an analyst from Bloomberg Intelligence, has predicted that stablecoin adoption will grow significantly once the issue of hostile regulations in the U.S. is put aside, noting “adoption under the hood is exploding.” Coutts believes that stablecoin usage may…

US Congress Members Clash on the Potential Effect of Proposed Tax Rules on the Crypto Industry – Bitcoin News

August 30, 2023

Members of the U.S. Congress have expressed concerns about the possible problems that implementing the newly proposed crypto tax reporting requirements could create in the entire industry. Patrick McHenry, Cynthia Lummis, and others reacted differently to the potential…

SEC's 'Secret' Filing in Binance Case Could Relate to Criminal Investigation, Says Former SEC Official – Regulation Bitcoin News

August 30, 2023

The U.S. Securities and Exchange Commission’s former head of Internet enforcement suspects that the SEC’s “secret” filing in the Binance case is a “rare” tactic that could relate to the Department of Justice’s criminal investigation against the crypto exchange. He stressed that the securities regulator’s “seal-seeking filing is unusual, odd, and uncommon,” emphasizing that the…

DeOrderBook Set to Launch on Ethereum Mainnet, Pioneering Truly Trustless DeFi Optionality – Press release Bitcoin News

August 30, 2023

PRESS RELEASE. , a groundbreaking decentralized finance (DeFi) optionality protocol, is gearing up for its Ethereum mainnet launch, ushering in a new era for DeFi users who seek unprecedented capital flexibility, advanced hedging mechanisms, and sustainable real yield. At…

Bitcoin, Ethereum Technical Analysis: BTC Below $26,000 Ahead of US Consumer Confidence Report – Market Updates Bitcoin News

August 30, 2023

Bitcoin returned to the red on Tuesday, as markets began to anticipate the upcoming consumer confidence report in the United States. The Conference Board index is expected to fall to a reading of 116 in August, from 117 the month prior. Ethereum was also marginally…

Biggest Movers: BNB Jumps 5% Higher, as Grayscale Wins Battle With SEC – Market Updates Bitcoin News

August 30, 2023

BNB surged this afternoon, as markets reacted to the news a court in the United States was siding with Grayscale in its case with the Securities and Exchange Commission (SEC). The court said the SEC was wrong to deny Grayscale permission to migrate its bitcoin product into an ETF. Toncoin also rallied, hitting its strongest point since June. BNB Since hitting a one-year low last week, BNB has…