The blockchain gaming sector maintained its influential position in the third quarter of 2023 despite some decreases in momentum, according to Dappradar’s recent report. Although metrics such as unique active wallets and transactions dropped slightly, the report advises against viewing this as a sign of decreasing interest. Rather, it shows a changing landscape as other crypto sectors become…
Ripple's Legal Chief Calls for 'Rational' Crypto Regulation — Urges US to Stop Elevating Politics Over Sound Policy – Regulation Bitcoin News
October 15, 2023
Ripple’s chief legal officer says the U.S. needs to ”stop elevating politics over sound policy.” Noting that countries and regions outside of the U.S., such as Singapore, the U.K., the EU, and Japan, welcome crypto businesses, he emphasized: “I think we need a…
Bitcoin, Ethereum Technical Analysis: BTC Falls on Saturday, Following Brief Spell Above $27,000 – Market Updates Bitcoin News
October 15, 2023
Bitcoin retreated from a brief spell above $27,000 on Saturday, as uncertainty in the market remained high to start the weekend. The global cryptocurrency market was marginally higher to start the weekend, trading 0.42% higher as of writing. Ethereum continued to consolidate…
The U.S. Commodity Futures Trading Commission (CFTC) charged the former CEO of bankrupt cryptocurrency lender Voyager Digital with fraud. The regulator accused Stephen Ehrlich and the company of luring investors with promises of high-yield returns while breaking derivatives rules. Ehrlich was also sued by the Federal Trade Commission (FTC).
U.S. Commodities Regulator Takes Legal Action Against…
On October 3, U.S. District Judge Analisa Torres denied the Securities and Exchange Commission’s (SEC) interlocutory appeal of her July 13 decision. Judge Torres’ decision marked another public defeat for the SEC, and if you haven’t read about the case, check out our…
Stablecoin Market Navigates Shifting Sands as Tether Announces New CEO and USDR Depegs – Altcoins Bitcoin News
October 14, 2023
The stablecoin landscape has been stagnant for the last two months, barely exceeding $123 billion as we approach the third week of October. Even though fiat-pegged token trading saw a spike this week, on October 13, stablecoin transactions made up 22.96% of the global crypto…
River Report: Bitcoin's Lightning Network Grew by 1,212% in 2 Years – News Bitcoin News
October 14, 2023
A recent report published by River, a Bitcoin technology and financial services company, has revealed that the Lightning Network, a scaling layer for Bitcoin, has grown by 1,212% in two years. River’s estimation comes from examining operators of nodes comprising 52% of the public capacity on the network, concluding that it has “become much more global, with more equally distributed…
Nigerian Court Convicts P2P Crypto Trader Accused of Operating a Pig Butchering Scam – Legal Bitcoin News
October 14, 2023
A Nigerian court recently convicted and fined a peer-to-peer (P2P) crypto trader accused of running a pig butchering scam. According to the Economic and Financial Crimes Commission, the crypto trader’s activities were “contrary to and punishable under the Cybercrimes…
Bitcoin, Ethereum Technical Analysis: BTC Bulls End a 5-Day Losing Streak – Market Updates Bitcoin News
October 14, 2023
Bitcoin ended a five-day losing streak on Friday, as the cryptocurrency appears to have found an interim price floor. This comes as traders continued to react to yesterday’s U.S. inflation report, which remained unchanged at 3.7%. Ethereum also edged marginally higher…
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