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Latvias central bank is taking proactive steps to align with the EUs upcoming crypto regulations by offering free pre-licensing consultations for crypto-asset service providers.
Digital asset investment products faced significant outflows, primarily from the US, amid interest rate cut uncertainty, while Europe showed resilience. (Read More)
The company has also partnered with Shopify to enable physical merchandise sales from directly within Roblox experiences.
Explore the journey of GIFs from simple files to dynamic art forms and their impact on online culture over the past 37 years. (Read More)
Exploring the future of Ethereum with a focus on governance, DAOs, and digital identity use cases. (Read More)
Marathon Digital Holdings reports an 11% increase in hash rate and 2% decrease in blocks won for August 2024, highlighting operational improvements and future goals. (Read More)
Cardano and Hedera join the Decentralized Recovery Alliance alongside Ripple and Algorand to shape the future of crypto security standards.
Californias Senate passed Assembly Bill 1836, prohibiting unauthorized AI-generated replicas of deceased personalities without prior consent to protect performers rights and likenesses.
Gen Digitals Siggi Stefnisson warned users that scammers are adept at using what is already on their targets minds, including love, financial security and elections.
GitHub and Microsoft Azure AI announce the general availability of code referencing, enhancing transparency and knowledge sharing for developers. (Read More)
The new custody service will be just the latest in the bank's new digital asset and AI activities.
Taiwans FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks.
Cypherpunk Jameson Lopp is making sure there are viable custody solutions that prioritize the user.
Explore the unique challenges of moderating GitHub, including data updates, DMCA takedowns, and the evolving landscape of open source software. (Read More)
NFT transactions dropped 32% from 7.3 million in August to 4.9 million in September.
Taiwans FSC opens investment channels for professional investors, allowing access to high-risk foreign digital asset ETFs while maintaining a cautious stance on market risks.
Digital assets r xprincing sustind intrst, supportd by xpcttions of dovish montry policy. According to rport by CoinShrs, this mrks th third conscutiv wk of inflows, with this wk’s totl mounting to n imprssiv $1.2 billion. This trnd highlights rsurgnc of invstor confidnc in th digitl sst mrkt. Mrkt xpcttions of […]
Stacks struggles to stand on level ground as it continues to fall despite the markets attempt to rebound in the short term. According to CoinGecko, STX bled 15% since last week with the token attempting to reverse the downward momentum with a nearly 4% uptick in the past 24 hours. Related Reading: SUI Crashes 23% As September Unleashes Market PanicIs A Comeback Possible? Stacks has been teasing the community, creating hype for the upcoming Nakamoto Upgrade with their 21 Days of Nakamoto event. The event, which commenced back on the 28th of August, started September with a whole suite of surprises for investors and community members. NFTs And Financial Grants Back On The Menu For Stacks On a recent X post, Megapont was revealed to be Stackss September 3 surprise for the celebration of the upcoming mainnet release of the Nakamoto upgrade. Megapont is an NFT project, launched and operates primarily on the Stacks blockchain. Lets celebrate a mega upgrade for Stacks! And who better to celebrate with than something truly mega… Welcome back, @MegapontNFT! Orange List: https://t.co/fOeckrNRVH pic.twitter.com/Z46xH5g1QL stacks.btc (@Stacks) September 2, 2024 The project released Nakapack, a 5,000-strong NFT collection to be given out to the Stacks community. Users on the platform can mint the NFTs without a fee, but they need to be whitelisted for this to happen. Despite 95% of circulated NFTs now being deemed worthless by a recent report, Megaponts dedication to its community might spark interest in NFTs within the Bitcoin L2 ecosystem. STXCUSD trading at $1.51 on the 24-hour chart: TradingView.com Another development that will support Stacks in the long term is the second cohort of grants for community-voted programs on-chain. On the thread, seven programs were featured each granted $50,000 to aid their development process. In total, over 31 programs have been given financial assistance. $1.3-$1.6 Chokes STXs Upside Potential As of writing, STX is held tightly by the $1.3-$1.6 trading range, hampering the tokens upside potential shortly. This leaves the bulls in an interesting position which has the opportunity to break through the $1.7 price ceiling. STXs relative strength index (RSI) suggests that the token will attempt to stabilize in its current trading range which gives the bulls a much-needed platform to jump out from. However, its relatively stable level reveals that the bears still have some strength, enough to cancel the bullish momentum thats currently forming. Related Reading: Ripple Unleashes 1 Billion XRP: Could This Trigger A Price Tsunami? In the short term, the bears will have the upper hand unless the market makes another leap forward, creating enough momentum for STX to have a breakthrough. However, the meager gains the broader market experienced have little to no effect on STXs future performance. Fear, uncertainty, and doubt still plagues market sentiment for the token. For now, investors and traders should exercise caution while monitoring the broader markets movement before making a decision. STXs significant correlation with BTC is both a boon and a curse for investors as any swing made by the latter will have a strong influence on the performance of the former. Featured image from Host Merchant Services, chart from TradingView
Lou Jiwei stressed that China must assess cryptocurrency developments, particularly as the US shifts policy on Bitcoin ETFs.
The event is the 2024 Tsinghua PBC Chief Economist Forum, held in Beijing, on September 28th and drew massive focus on the changing role of cryptocurrency within the financial system. The event featured a speech by Zhu Guangyao, previously the vice minister of chinas Ministry of Finance, in which he encouraged the participants, as well […]
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