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Bitcoin scarcity escalates as halving nears

Quick Take Bitcoin’s halvings, as highlighted in Pantera’s recent newsletter, play a significant role in constricting the production of new Bitcoins The first halving led to a 17%
Blockchain

Brazil’s President Says BRICS Not Seeking to Counter US, G7, or G20 — Pushes for BRICS Currency

Brazil’s President Luiz Inacio Lula da Silva has stated that the BRICS economic bloc does not want to be “a counterpoint to the G7, G20, or the United States,” emphasizing that the BRICS
Blockchain

Betrayal In Blue: Former NJ Officer Charged With Crypto Fraud

In a major development, the US Securities and Exchange Commission (SEC) has charged former New Jersey State Correctional Police Officer, John A DeSalvo, for allegedly orchestrating a fraudulent
Blockchain

Tornado Cash indictment fails to show ‘clear violation’ of certain laws: Coin Center

Coin Center research director Peter Van Valkenburgh argued that crypto mixer Tornado Cash is an anonymizing software
Blockchain

​​NFT marketplace Rarible sees uptick after commitment to royalties

NFT aggregator Rarible said by October it would cut off aggregate orders from competitors that don’t enforce
Blockchain

Xi Jinping: BRICS to Forge Stronger Partnership, People Do Not Long for New Cold War or Small Exclusive Bloc

Chinese President Xi Jinping stated at the BRICS summit that “What people in various countries long for is definitely not a new Cold War or a small exclusive bloc” He stressed that the BRICS
Blockchain

FTX Founder Bankman-Fried’s Defense Strategy Unveiled In Letter To Judge

In a recent letter addressed to Judge Lewis Kaplan, lawyers representing FTX founder Sam Bankman-Fried outlined their defense strategy, emphasizing the importance of the “counsel advice”
Blockchain

What is a top-heavy market, and are we in one?

The crypto market saw significant turbulence last week as a massive futures liquidation event pushed Bitcoin’s price below the $25,000 mark And while there has been a slight recovery, with BTC
Blockchain

The Jackson Hole Effect? Powell’s Speech Sparks Bitcoin Fears Amid Similar 2022 Price Action

As Jerome Powell, the Federal Reserve (Fed) Chair, prepares to return to Jackson Hole this Friday, the Bitcoin (BTC) market is experiencing a sense of anticipation due to the similarities in the
Blockchain

Reserve Bank of Australia issues report on CBDC use cases

On August 23, the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) unveiled their findings in a report detailing the implications of a central bank digital
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Bitcoin: Expect The Unexpected – Analyst Sees Unconventional Bull Run Post-Halving

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Bitcoin has been moving lower ahead of the Halving event, going against analysts’ expectations This price action has been unexpected and shows how the coin tends to go against predictions,

Operation Racer: Hong Kong Authorities Dismantle Cryptocurrency Laundering Operation

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Hong Kong customs officers arrested three individuals involved in a HK$18 billion ($228 million) money laundering operation that utilized a cryptocurrency platform and bank accounts of shell

SEC claims Justin Sun’s alleged visits to US grant it personal jurisdiction to pursue legal action

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The US SEC filed an amended complaint in its case against Justin Sun and other defendants on April 18, arguing that Justin Sun’s alleged visits to the US should grant it the jurisdiction

Plan B Predicts Repeat Performance Post-Bitcoin Halving Amid Mixed Analyst Forecasts

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At block height 839,856, the Bitcoin blockchain stands a mere 144 blocks short of the forthcoming reward halving at block height 840,000 Historically, bitcoin’s price has seen substantial

Chainlink (LINK) Forms Bullish Pattern That Led To 50% Rally On Average

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On-chain data shows that a Chainlink indicator is currently forming a pattern that has led to an average 50% increase for LINK in the past Chainlink 30-Day MVRV Ratio Has Plunged In a new post on X,
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