September, 2024

Crypto Strategist Says Seller Exhaustion in Sight for Bitcoin, Predicts Subsequent Price Rebound for BTC
An analyst who nailed the pre-halving Bitcoin correction believes BTC and crypto are close to witnessing either a bounce or a sustained reversal. Pseudonymous analyst Rekt Capital tells his 499,300 fo...

Russia Setting Sights on Alternative Financial System Independent of US Dollar Using Crypto: Chainalysis
Russia is looking at crypto to mitigate the effect of sanctions and bolster its international payments ability, according to a new report from Chainalysis. Chainalysis says that Russia is positioning ...

Stock Markets in South and Southeastern Asia – Octa Broker Takes a Close Look at India, Indonesia and Malaysia
While the global market grappled with uncertainty, South and Southeastern Asia economies – particularly India, Indonesia and Malaysia – have emerged as unexpected investment hotspots. With stron...

Stablecoin aUSDT Backed by Gold As Precious Metal Much Less Volatile Than Bitcoin, Says Tether CEO Paolo Ardoino
The CEO of Tether says that the stablecoin issuer’s synthetic aUSDT product is backed by gold rather than Bitcoin (BTC) because the precious metal is more stable in price than the crypto king. In a ...

Crypto Products Suffer $720,000,000 in Outflows Amid Rate Cut Uncertainty: CoinShares
Digital assets manager CoinShares says that institutional crypto investors pulled hundreds of millions in capital from digital asset products last week. In its latest Digital Asset Fund Flows report,...

Trader Says ‘True Move’ Coming for One DeFi Altcoin, Turns Bullish on SUI and One AI-Focused Crypto Asset
A closely followed crypto strategist believes that one decentralized finance (DeFi) altcoin is gearing up for “explosive” rallies. Pseudonymous analyst Altcoin Sherpa tells his 215,400 followers o...

CFTC Files Motion To Shut Down Kalshi’s Election Markets After Betting Platform’s ‘Huge Win’ Against Regulator
The Commodity Futures Trading Commission (CFTC) is filing a motion to shut down Kalshi’s election betting markets afte...

Squarespace Becomes Private Company With $7.2 Billion Permira Deal
Squarespace is becoming a private company, with its new owner offering a more generous deal. The website-building platform had announced plans to merge with private equity firm Permira in a $6.4 milli...

5 States Settle With GSB Group After Investigating Digital Assets Offering
Five states have settled their actions against organizations collectively known as GSB Group and their chairman of the board Josip Heit. This move followed an investigation launched in October 2023 an...

AI Expands Worker Capabilities, But Human Oversight Remains Key
Generative artificial intelligence (AI) is expanding workers’ capabilities far beyond their current skill sets, but experts warn that human oversight remains crucial to ensure quality and avoid pitf...

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September, 2024

September