Author: Ethan Carter

Reasons to Believe A rigorous editorial policy that prioritizes accuracy, relevance, and neutrality Developed by seasoned professionals and thoroughly vetted Adhering to the highest standards of journalism and publishing A rigorous editorial policy that prioritizes accuracy, relevance, and neutrality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Arthur Hayes provides a straightforward perspective on the ongoing debate. In an August 21 conversation with Ran Neuner, the BitMEX co-founder asserted that both Ethereum and Solana are set to surge, but he specifically favors ETH as the cycle progresses. “Is Solana going to…

Taiwanese prosecutors have reportedly charged 14 individuals in what is being described as the largest cryptocurrency money laundering case in the country, involving more than 1,500 victims and over $70 million in illicit funds.The Shilin District Prosecutor’s Office has indicted these individuals on various charges, including fraud, money laundering, and organized crime. They have requested the confiscation of 1.275 billion New Taiwan dollars, equivalent to $39.8 million, which was allegedly acquired from victims through fraudulent means, as stated in a recent report by local media outlet UDN.Additionally, prosecutors are seeking to confiscate another 640,000 USDt (USDT), undisclosed amounts of Bitcoin…

Taiwanese prosecutors have allegedly charged 14 individuals in what is described as the nation’s largest-ever cryptocurrency money laundering case, involving over 1,500 victims and exceeding $70 million in illicit funds.The Shilin District Prosecutor’s office has reportedly indicted 14 persons on counts of fraud, money laundering, and organized crime, seeking the confiscation of 1.275 billion New Taiwan dollars worth $39.8 million, purportedly acquired from victims through fraudulent means, as stated in a Friday report by the local media source UDN.Prosecutors have also requested the confiscation of an additional 640,000 USDt (USDT), unspecified amounts of Bitcoin (BTC) and Tron (TRX), over $1.8…

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State Street has launched its inaugural digital debt securities utilizing JPMorgan’s Digital Debt Service, completing a $100 million commercial paper deal.According to an Aug. 21 announcement, State Street Investment Management acquired the commercial paper for its Short Term Investment Fund. These debt securities are issued, settled, and serviced through blockchain technology, providing streamlined access for institutional markets.Pia McCusker, the global head of cash management at State Street Investment Management, highlighted the commercial paper investment as evidence of the tangible benefits technology offers to institutional clients.McCusker remarked:“Our successful investment in the inaugural commercial paper transaction in blockchain format for our Short Term…

Highlights:Bitcoin’s critical price level to watch as the weekly close approaches: $114,000.Bid liquidity is positioned beneath local lows, indicating a potentially “weak” market structure for BTC.The likelihood of a Fed rate cut in September declines despite a US-EU trade agreement.Bitcoin (BTC) experienced fluctuations during Thursday’s Wall Street opening as traders absorbed news of a US-EU trade deal.BTC/USD hourly chart. Source: Cointelegraph/TradingViewAnalyst identifies crucial BTC price pointData from Cointelegraph Markets Pro and TradingView indicated BTC/USD fluctuating near the $114,000 level.This threshold has been a source of short-term resistance, with bulls appearing stalled, even as macroeconomic updates show minimal signs of trend…

Spot Ether exchange-traded funds (ETFs) in the United States recorded $287.6 million in net inflows on Thursday, ending a four-day outflow trend, as per data from crypto ETF tracker SoSoValue.This recovery comes after a phase of continuous outflows, totaling over $924 million lost between last Friday and Thursday. The peak withdrawal occurred on Tuesday, when spot Ether (ETH) ETFs saw $429 million exit — the second-largest daily outflow this month, surpassed only by the $465 million that left on Aug. 4.BlackRock’s iShares Ethereum Trust (ETHA) topped the day with $233.5 million in inflows, while the Fidelity Ethereum Fund (FETH) followed…

The price of Bitcoin is attempting to bounce back from $112,000. BTC has climbed back above $113,200, but it encounters several obstacles on the way to $118,000. Bitcoin has initiated a recovery wave above the $112,500 mark. The price is trading below $115,000 and the 100-hour Simple Moving Average. A significant bearish trend line is forming with resistance at $113,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair may begin another upward move if it surpasses the $115,000 resistance zone. Resistance for Bitcoin Price The price of Bitcoin faced a new decline after closing…

The European Union is looking into major public blockchain networks such as Ethereum and Solana for its digital euro design.The European Central Bank (ECB) is contemplating running a digital euro on a public blockchain like Ethereum instead of a private one, as reported by the Financial Times on Friday, citing sources familiar with the discussions.Unlike private blockchains, which restrict access to authorized entities, public blockchains like Ethereum or Solana are accessible to everyone.If confirmed, the EU’s interest in public blockchains would mark a significant step in the digital euro’s evolution, especially since the ECB has yet to finalize the technological…