Author: Chris Smith
JPMorgan: Investors Could Turn to Bitcoin Due to Geopolitical Risks
Reading Time: < 1 minuteJ.P. Morgan analysts suggest that recent increases in geopolitical tensions and the looming US presidential election are causing investors to turn towards gold and bitcoin as safe-haven assets, referred to as the “debasement trade.”
Ripple and Mercado Bitcoin Will Make Crypto Payments Available in Brazil
Reading Time: < 1 minuteRipple has teamed up with a major cryptocurrency exchange in Brazil to launch cross-border payments fueled by cryptocurrency.
SEC Enforcement Director Gurbir S. Grewal Leaves Agency
Reading Time: < 1 minuteGurbir S. Grewal, the Enforcement Director of the Securities and Exchange Commission (SEC), will be leaving the agency after 21 years of service.
Hackers Steal $750M in Crypto in Q3 2024
Reading Time: < 1 minuteThe third quarter of 2024 saw a decline in the number of reported crypto hacks, but an increase in the amount of stolen assets.
Bitwise Files Application for XRP ETF
Reading Time: < 1 minuteA recent filing for a Bitwise XRP exchange-traded fund (ETF) has been discovered on the State of Division of Corporations website.
US State of Ohio Could Accept Crypto for Tax Payments
Reading Time: < 1 minuteAn Ohio state senator, Niraj Antani, has proposed a bill that would mandate the acceptance of cryptocurrency by the state for the payment of taxes and fees.
Gemini Will Close All Customer Accounts in Canada
Reading Time: < 1 minuteGemini has recently announced that it will be closing all customer accounts in Canada by the end of the year.
Mango Markets Settles with SEC
Reading Time: < 1 minuteAfter being charged with unlawfully selling MNGO tokens, Mango DAO has agreed to settle with the US Securities and Exchange Commission.
BlackRock’s Ethereum ETF Surpasses $1B
Reading Time: < 1 minuteIn a turnaround from six straight weeks of negative outflows, US-based spot Ethereum exchange-traded funds (ETFs) have recorded their highest weekly inflows since early August.
Dubai Tightens Crypto Marketing Regulations
Reading Time: < 1 minuteDubai’s crypto regulation just got stricter with the introduction of new Marketing Regulations for Virtual Assets and Related Activities 2024 by the Dubai Virtual Assets Regulatory Authority (VARA).
Kamala Harris: US Should Be Dominant in Blockchain
Reading Time: < 1 minuteHarris stated that her administration would invest in biomanufacturing and aerospace, and continue to lead in areas such as AI, quantum computing, and blockchain.
PayPal Allows US Business Accounts to Buy, Sell and Hold Cryptocurrencies
Reading Time: < 1 minutePayPal has recently made a major announcement allowing businesses in the US to directly buy, hold, sell, and transfer cryptocurrencies, all from their business accounts.
BNY to Offer Custody Services for Crypto ETFs
Reading Time: < 1 minuteBNY Mellon (BNY) is making progress in offering custody services for its clients’ Bitcoin and Ether ETFs.
TrustToken and TrueCoin Settle Charges with SEC
Reading Time: < 1 minuteThe SEC has announced that they have reached a settlement with crypto companies Trusttoken Inc. and Truecoin LLC regarding charges of fraudulent misrepresentations and unregistered sales related to the stablecoin trueusd (TUSD).
Crypto Firms Bitfarms and Riot Platforms Reach an Agreement
Reading Time: < 1 minuteA joint settlement agreement has been reached between rival Bitcoin mining companies, Riot Platforms and Bitfarms, effectively ending Riot’s attempted hostile takeover.
Polymarket May Launch a Token
Reading Time: < 1 minutePolymarket is considering launching a token worth more than $50 million to support their crypto betting platform.
Transaction Fees on Ethereum Network Surge
Reading Time: < 1 minuteThe average transaction fee on Ethereum has increased in recent weeks.
Kamala Harris Promises to Support Crypto Industry
Reading Time: < 1 minuteKamala Harris declared on Sunday that her administration would prioritize the development of digital assets and artificial intelligence (AI) if she wins the presidency.
Market Update September 20
Reading Time: < 1 minuteThe past week in the cryptocurrency market has been eventful, to say the least.
Germany Shuts Down 47 Crypto Exchanges
Reading Time: < 1 minuteThe German government has closed down 47 cryptocurrency exchanges, accusing them of facilitating an illicit economy for cybercriminals to thrive in.
Silvergate Capital Files for Bankruptcy
Reading Time: < 1 minuteSilvergate Capital Corporation has filed for Chapter 11 bankruptcy in the United States Bankruptcy Court for the District of Delaware.
Revolut Plans to Issue its Own Stablecoin
Reading Time: < 1 minuteFintech company Revolut plans to launch its own stablecoin.
Circle Launches USDC on Sui Network
Reading Time: < 1 minuteThe CEO of USDC issuer Circle, Jeremy Allaire, has announced that USD Coin (USDC) will soon be available on the layer-1 (L1) blockchain Sui network.
Fed’s Rate Cut Will Boost Bitcoin: Bitwise
Reading Time: < 1 minuteThere is widespread anticipation that the US Federal Reserve will make its first benchmark rate cut in four years this week, leading to speculation about the potential size and impact of the cut on risk assets such as Bitcoin.
Sam Bankman-Fried Demands a New Trial
Reading Time: < 1 minuteFTX founder Sam Bankman-Fried has officially contested his conviction for fraud by appealing for a new trial.
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TRON 
Lido Staked Ether 
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