PRESS RELEASE. Imagine a world where technology not only meets financial innovation but also crafts a future where transactions are not merely conducted but are optimized for user benefit and technological advancement. This is not a distant dream but a tangible reality brought to life by BBACHAIN, a meticulously crafted super platform that promises a future where the cryptocurrency world is…
Elliptic: FTX Hacker Laundered Stolen Crypto Funds Through Russian Crime Networks – Bitcoin News
October 13, 2023
Close to a year has passed, and the hacker responsible for the staggering $477 million heist from the now-defunct crypto exchange FTX still remains elusive. Yet, Elliptic, a leading blockchain analytics firm, has meticulously mapped the intricate journey of the stolen funds…
A congressional committee in Brazil has concluded that four Binance officials, among them company CEO Changpeng Zhao (CZ), should be indicted. The suggestion follows a probe targeting crypto platforms suspected of operating pyramid schemes and can potentially affect the…
Coinbase Executive Urges Congress to Pass 'Sensible' Crypto Legislation Swiftly as Middle East Conflict Escalates – Regulation Bitcoin News
October 13, 2023
Coinbase’s chief legal officer has called on U.S. Congress to pass sensible crypto legislation following reports that Hamas has amassed millions in cryptocurrency amid the escalating Middle East conflict. “We need this industry flourishing in nations committed to the rule of law, not driven to places where human rights and public safety mean much less,” the executive stressed.
‘We Need…
7 Senators Urge Treasury and IRS to Rapidly Implement Crypto Tax Reporting Rule – Regulation Bitcoin News
October 13, 2023
In a Nutshell
Seven US senators, including Elizabeth Warren and Bernie Sanders, have written a letter to the Treasury Department and the IRS urging them to implement the proposed crypto broker reporting rule quickly. The senators are concerned about the two-year delay in…
Understanding Support & Resistance in Crypto Trading – Learning - Insights Bitcoin News
October 12, 2023
In the world of crypto trading, there are many ways to identify opportunities, one of the most prominent methods being technical analysis. This is the study and general breaking down of charts using various indicators and charting patterns. One such technique is known as…
Bitcoin, Ethereum Technical Analysis: BTC Under $27,000, ETH Hits 1-Month Low Ahead of US Inflation Report – Market Updates Bitcoin News
October 12, 2023
Bitcoin fell below the $27,000 level on Thursday, ahead of the upcoming inflation report in the United States. Consumer prices are expected to have risen by 3.6% in September, down 0.1% from the month prior. Ethereum plunged to a multi-week low.
Bitcoin
Bitcoin (BTC) fell for a fifth consecutive day, as markets prepared for the release of last month’s U.S. consumer price index (CPI)
BTC/USD…
Biggest Movers: XRP Losing Streak Extended to a 6th Day – Market Updates Bitcoin News
October 12, 2023
XRP has been one of the week’s most notable movers, with price moving lower for six straight days. The latest decline comes as the global cryptocurrency market cap fell by over 1% in today’s session. Solana also slipped, nearing a floor of $21.00 in the process.
XRP
XRP…
Report: Cyprus Mulls Imposing Hefty Fines on Unregistered Crypto Service Providers – Regulation Bitcoin News
October 12, 2023
Crypto firms that operate in Cyprus without registration may soon be fined as much as $350,000 while individuals behind such firms could face up to five years in jail. The Finance Ministry says its proposals, which are included in a draft recently submitted to parliament…
State Securities Regulators Support SEC in Lawsuit Against Crypto Exchange Coinbase – Legal Bitcoin News
October 12, 2023
A group uniting regional securities regulators in North America has backed the U.S. Securities and Exchange Commission (SEC) in its Coinbase lawsuit. The move goes against arguments in favor of adopting dedicated rules for crypto assets in the United States as opposed to implementing existing regulations.
Securities Regulators Association Throws Weight Behind SEC’s Position in Coinbase Case
The…
