Crypto

Source: Coin Tegraph Bitcoin could experience more downward pressure leading up to the Sept. 18 US interest rate cut. Will it fall below $50,000 this weekend? Read Full Article

Source: Bitcoinist In a notable regulatory victory for Binance, the world’s largest cryptocurrency exchange by trading volume, the company announced that it had received approval to operate in Kazakhstan after facing ongoing regulatory hurdles, particularly in the United States.  Binance Celebrates Regulatory Win In Kazakhstan The approval, confirmed through a recent blog post by the…

Source: Coin Tegraph OpenAI is looking to introduce more expensive subscription plans for upcoming large-language models like the Strawberry and Orion AI models.  Read Full Article

Source: Bitcoinist Eighty-eight corporate leaders have joined forces in a letter endorsing US Vice President Kamala Harris’ presidential campaign. Chris Larsen, Ripple’s co-founder and executive chairman, was among the signers of the “strategic” letter to support the Democratic nominee. The significant endorsement comes just a day after Russian President Vladimir Putin revealed his support for…

Source: Coin Tegraph Solana price is down today as the week-long crypto market sell-off stands as the primary culprit in SOL’s recent downside.  Read Full Article

Source: Bitcoinist On Friday, asset management firm and exchange-traded fund (ETF) issuer VanEck announced its decision to liquidate its Ethereum Futures ETF (EFUT). According to the official release, shareholders will have the opportunity to sell their shares on the fund’s listing exchange until market close on September 16, 2024.  After that date, the shares will…

Source: Coin Tegraph US citizens can now reportedly use Kalshi to bet on the upcoming election through derivatives after a judge overturned the CFTC’s decision. However, the CFTC still has the option to appeal. Read Full Article

Source: Bitcoinist The Dogecoin Foundation has revealed a major update to their development trailmap. Highlighting this update is the announcement of “Project Sakura,” a protocol upgrade poised to increase block speed by tenfold, augment block size similarly, and ensure maximum decentralization—a development that has sparked vibrant discussion within the community. As outlined in their shared…

Source: Coin Tegraph According to Web3 gaming firm Moxy, the deal will save the company around $3.5 million in gas fees annually. Read Full Article

Source: Coin Tegraph Jan3 CEO Samson Mow reiterated that fear-driven markets “never lasts long” because fundamentals usually “win out over time.” Read Full Article