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Weekly overview

Read more about the article Judge says CFTC exceeded its authority halting Kalshi election bets

Judge says CFTC exceeded its authority halting Kalshi election bets

  • Post author:
  • Post published:September 13, 2024
  • Post category:Weekly overview

According to Judge Jia Cobb, having Kalshi offer contracts on “whether a chamber of Congress will be controlled by a specific party in a given term” was not unlawful. Update…

Continue ReadingJudge says CFTC exceeded its authority halting Kalshi election bets
Read more about the article What ‘far-fetched’ scenarios could still send Bitcoin price to $0?

What ‘far-fetched’ scenarios could still send Bitcoin price to $0?

  • Post author:
  • Post published:September 13, 2024
  • Post category:Weekly overview

Despite some dedicated critics saying otherwise, Bitcoin hitting $0 is extremely unlikely due to its strong global community, established infrastructure and historical resilience. Bitcoin has experienced plenty of ups and…

Continue ReadingWhat ‘far-fetched’ scenarios could still send Bitcoin price to $0?
Read more about the article Grayscale to launch US XRP trust, paving way for potential ETF

Grayscale to launch US XRP trust, paving way for potential ETF

  • Post author:
  • Post published:September 13, 2024
  • Post category:Weekly overview

Grayscale XRP Trust could potentially pave the way for an XRP ETF, subject to approval by the US Securities and Exchange Commission. Grayscale Investments, a major cryptocurrency investment firm, is…

Continue ReadingGrayscale to launch US XRP trust, paving way for potential ETF
Read more about the article Hawaii emerging as crypto hub following new crypto regulations

Hawaii emerging as crypto hub following new crypto regulations

  • Post author:
  • Post published:September 13, 2024
  • Post category:Weekly overview

The Aloha state's new regulations already attracted some notable Web3 firms, including Coinbase, Metamask, Transak, BitPay and Trust Wallet. Hawaii’s newly enacted cryptocurrency regulations are making the state increasingly appealing…

Continue ReadingHawaii emerging as crypto hub following new crypto regulations
Read more about the article Nomic introduces Ethereum support for decentralized Bitcoin custody

Nomic introduces Ethereum support for decentralized Bitcoin custody

  • Post author:
  • Post published:September 13, 2024
  • Post category:Weekly overview

Nomic’s nBTC will compete with wBTC and come without controversy or centralization concerns. Layer-1 blockchain Nomic will begin supporting Ethereum on its decentralized Bitcoin custody engine on a testnet launched…

Continue ReadingNomic introduces Ethereum support for decentralized Bitcoin custody
Read more about the article UAE’s central bank approves custodial risk insurance product for digital assets

UAE’s central bank approves custodial risk insurance product for digital assets

  • Post author:
  • Post published:September 13, 2024
  • Post category:Weekly overview

OneDegree executive Robin Scott told Cointelegraph that the insurance covers Web3 asset managers against the risk of losing customer funds.  The Central Bank of the United Arab Emirates (CBUAE) has…

Continue ReadingUAE’s central bank approves custodial risk insurance product for digital assets
Read more about the article Bitcoin price slips from $58K as US PPI, jobless claims surprise

Bitcoin price slips from $58K as US PPI, jobless claims surprise

  • Post author:
  • Post published:September 13, 2024
  • Post category:Weekly overview

Bitcoin faces a struggle for support into the Wall Street open as US macro data piles in thick and fast. Bitcoin (BTC) saw volatility into the Sept. 12 Wall Street…

Continue ReadingBitcoin price slips from $58K as US PPI, jobless claims surprise
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