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Weekly News

XRP price breaks out of range with a 25% rally, but why?

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

XRP attracts buyers after the hope of a positive court ruling triggers a 25% rally above a key longer term resistance level. Crypto markets are flashing a bit of green…

Continue ReadingXRP price breaks out of range with a 25% rally, but why?

UK gov’t introduces bill aimed at empowering authorities’ to ‘seize, freeze and recover’ crypto

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

King Charles announced the bill in May to both houses of the U.K. Parliament, saying it was aimed at tackling illicit finance, reducing economic crime and helping businesses grow. The…

Continue ReadingUK gov’t introduces bill aimed at empowering authorities’ to ‘seize, freeze and recover’ crypto

Coinbase counters WSJ claim its Risk Solutions group engaged in $100M proprietary trade

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

In a blog post, Coinbase said the WSJ seemed to confuse the nature of a transaction earlier this year made using money raised through a structured note that was later…

Continue ReadingCoinbase counters WSJ claim its Risk Solutions group engaged in $100M proprietary trade

Helium migrates its blockchain to Solana following T-Mobile partnership

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

The project's developers cites Solana's ability to improve efficiency as scalability as reasons for the move. On Thursday, the Helium Foundation announced that it would be moving its mainnet to…

Continue ReadingHelium migrates its blockchain to Solana following T-Mobile partnership

Bitcoin’s 60% year-to-date correction looks bad, but many stocks have dropped by even more

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

Legacy investors often say BTC, ETH and altcoin volatility is too high to warrant a sound investment, but many major corporations have seen even larger drawdowns in their stock prices…

Continue ReadingBitcoin’s 60% year-to-date correction looks bad, but many stocks have dropped by even more

Get ready for a swarm of incompetent IRS agents in 2023

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

The IRS is hiring 87,000 agents, thanks to President Joe Biden’s 2021 infrastructure package, but they won’t be fully trained for three years. The Internal Revenue Service is hiring 87,000…

Continue ReadingGet ready for a swarm of incompetent IRS agents in 2023

Korean crypto bank partners with Blockdaemon to offer retail staking services

  • Post author:admin
  • Post published:September 23, 2022
  • Post category:Weekly overview

In January, Delio was granted Virtual Asset Service Providers (VASP) approval by the Korean Financial Intelligence Unit. Crypto-focused finance company Delio has partnered with Blockdaemon to launch retail-focused staking services,…

Continue ReadingKorean crypto bank partners with Blockdaemon to offer retail staking services
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