Bitcoin halving, which is expected to occur in mid-2024, is already 85% complete, and the supply held by long-term holders is nearing its all-time high, suggesting that a mature bull market may not begin until next year.
Coinbase CEO Brian Armstrong believes that the crypto industry needs to enhance its lobbying efforts before the 2024 elections in order to address the unfair regulatory environment faced by US-based crypto firms.
BTC price remains within a range, with analysis showing a shift in the composition of Bitcoin investors, as short-term holders reduce their holdings.
Bitcoin may be heading for a further price decline according to a top trader who previously predicted the cryptocurrency's 2018 bear market bottom, citing a bearish lower-high setup and an ABC corrective move that could push Bitcoin down to $23,800.
Cryptocurrency exchange Coinbase has obtained an Anti-Money Laundering registration from the Bank of Spain, allowing it to offer its services to retail and institutional investors in Spain.
Hong Kong cryptocurrency platform JPEX, which promised high returns and used celebrities and influencers for promotion, has been accused of orchestrating the city's largest financial fraud involving HK$1.43 billion ($184 million).
Bitcoin is set to end the quarter with its first decline this year, down 11% since June, as the Federal Reserve's hawkish stance and withdrawals of nearly $500 million from cryptocurrency products contribute to investor apprehension.
Bitwise Asset Management has announced the launch of two Ether futures ETFs on October 2, allowing investors to access Chicago Mercantile Exchange Ether futures.
FTX founder Sam "SBF" Bankman-Fried is facing a trial over his role in the collapse of his $32 billion crypto exchange, and if found guilty of all charges, he could face up to 115 years in prison. Legal experts believe that Bankman-Fried's chances of a lenient sentence are slim, as the severity of the crime and his behavior during the judicial process will be heavily considered.
Crypto exchange FTX has sued the parents of its founder, Sam Bankman-Fried, accusing them of enriching themselves at the expense of FTX customers, while Bankman-Fried faces charges of defrauding customers; his parents deny the allegations and criticize the timing of the lawsuit just days before their child's trial.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/6E7JFOHGOVNYZJFNPRODJBVCC4.jpg)
FTX founder Sam Bankman-Fried's request to be released from jail before his trial was denied by an appeals court, marking his second setback of the day as judge also blocked his proposed expert witnesses.
Video game developer Epic Games is laying off 830 employees, about 16% of its workforce, as it transitions its popular game Fortnite into a metaverse-inspired ecosystem for creators, resulting in lower revenue for the company.
Fortnite players who were affected by privacy issues and deceptive billing practices can now register for a refund as part of a settlement reached between Epic Games and the U.S. Federal Trade Commission.
Co-founder of Three Arrows Capital, Su Zhu, has been apprehended in Singapore following the collapse of the hedge fund and the subsequent impact on the crypto industry, while fellow co-founder Kyle Davies remains missing; both were previously banned from owning or running any registered capital markets firm for nine years in Singapore and reprimanded by Dubai's crypto regulator for operating an unregulated exchange.
Asset management firm Valkyrie will offer Ether (ETH) futures to US investors through its Bitcoin Strategy exchange-traded fund (ETF), becoming one of the first firms to do so amid pending applications with the SEC, with the fund's name changing to the Valkyrie Bitcoin and Ether Strategy ETF on October 3.
Defunct crypto exchange Mt. Gox has extended the deadline for repaying $3.7 billion worth of Bitcoin and Bitcoin Cash to its creditors by one year, but only applies to creditors who failed to provide necessary information on time.
FTX founder Sam Bankman-Fried's unposted tweets, obtained by CoinDesk, reveal discussions about his mental health and prescribed medication as he faces fraud charges, suggesting an attempt to shape a new image for himself since last December.
Cryptocurrency exchange Coinbase has received regulatory approval in Bermuda to list perpetual futures for users outside of the United States, positioning itself to capture market share from troubled rival Binance.
Bitcoin's price remains strong at around $27,000 amid attempts to flip it into a support level, with hopes for a bullish monthly close.
Google Cloud has joined Polygon Labs' proof-of-stake network as a validator, using its infrastructure to secure the fast and low-cost Ethereum protocol.
Meta CEO Mark Zuckerberg and AI researcher Lex Fridman showcased Meta's metaverse technology, including ultra-realistic avatars, during a podcast, demonstrating a sense of presence and intimacy that Fridman described as "incredible"; Meta is betting on the integration of AI into virtual and augmented reality to create a metaverse, with the goal of facilitating immersive social experiences and enhanced communication and connection through photorealistic avatars.
The United States Financial Services Committee has passed the first anti-CBDC bill, which aims to prevent the government from issuing a digital currency that could compromise financial privacy.
Bitcoin options contracts worth $3 billion are set to expire today, but experts suggest that it is unlikely to significantly impact the price of Bitcoin, as historical data shows that options expiries in crypto do not affect prices much.
Google Cloud has expanded its BigQuery repository to include data on 11 new blockchains, making it more accessible for developers to access and understand the blockchain ecosystem.
Bitcoin and other cryptocurrencies experienced a decline after the Federal Reserve decided not to raise interest rates, suggesting that significant gains may not be anticipated in the near future.
Stanford University will return funds it received from FTX and its affiliates following a lawsuit alleging that the parents of FTX co-founder Sam Bankman-Fried ordered millions of dollars from their son's former entities to the university.
A recent study has found that 95% of NFT collections are effectively worthless, indicating that the NFT market has significantly declined compared to its peak in 2021 and 2022.
Bitcoin and other cryptocurrencies experienced a rise prior to the Federal Reserve's decision on interest rates, signaling possible volatility in the market.
Bitcoin (BTC) held steady at $27,000 as investors awaited the Federal Reserve's decision on interest rates, with expectations of rates staying at current levels but potential short-term volatility.
Stablecoin issuer Circle argued in a court filing that tokens pegged to a sovereign currency, like the US dollar, are not securities, amid the Securities and Exchange Commission's (SEC) lawsuit against Binance, highlighting the potential implications for stablecoins as a whole.
Bitcoin Cash (BCH) price rallied to $240, driven by increased trading activity from whale investors, making it the second-best performing asset in the top 20 crypto market rankings; however, growing bearish concerns and negative sentiment on social media pose a challenge to the continuation of the rally.
Pudgy Penguins, known for its NFT collection, has expanded its offerings into an open-world digital player experience and a physical toy line, with toys now available in thousands of Walmart stores, aiming to solve the revenue limitations faced by NFT projects and to generate additional profit through physical sales.
Gemini, a New York-based cryptocurrency exchange, has announced that it is quitting the Netherlands due to its inability to meet regulatory requirements imposed by the De Nederlandsche Bank (DNB), but plans to return to the market after becoming fully compliant with new regulations.
Coinbase CEO Brian Armstrong criticizes JPMorgan Chase's decision to block crypto transactions at its U.K. digital banking subsidiary, calling for government regulation rather than banks de-platforming the industry.
Bitcoin prices remained steady above $27,000 as investors anticipated increased demand from a potential ether futures exchange-traded fund (ETF), despite analysts warning of selling pressure due to all-time highs in certain oil markets.
Coinbase CEO Brian Armstrong believes that the United States should not regulate the development of artificial intelligence (AI) in order to avoid hindering progress and innovation in the same way that regulations have affected the crypto industry.
