Cryptocurrency-friendly brokerage firm eToro is expanding its crypto services worldwide after securing new regulatory approval in Europe. EToro has received a Crypto Asset Service Provider (CASP) registration from the Cyprus Securities and Exchange Commission (CySEC), the firm officially announced on Sept. 21. According to eToro, the registration will authorize it to offer regulated crypto services to all countries in the […]

Polygon (MATIC) enthusiasts remain undeterred as they continue to push the price of the digital asset higher despite a prevailing bearish market structure, While the higher timeframe structure paints a bearish picture, buyers have been steadily driving prices upwards.  At the time of writing, MATIC is priced at $0.541671 on CoinGecko, marking a 2% gain in the past 24 hours […]

The Australian Securities and Investments Commission (ASIC) has initiated civil penalty proceedings against Bit Trade Pty Ltd, responsible for providing the Kraken crypto exchange services in Australia. The regulatory body accuses Bit Trade of not adhering to the design and distribution obligations for its margin trading product offered to Australian users. As a result, Bit Trade faces potential declarations, pecuniary […]

Ethereum price corrected lower from the $1,670 resistance against the US Dollar. ETH could take a major hit if it breaks the $1,600 support. Ethereum started a bearish wave from the $1,660 resistance. The price is trading below $1,640 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $1,640 on the hourly […]

Bitcoin price is struggling to clear the $27,500 resistance. BTC is slowly moving lower and might revisit the $26,200 support zone in the coming sessions. Bitcoin is still struggling to clear the $27,500 resistance. The price is trading above $26,800 and the 100 hourly Simple moving average. There is a key bullish trend line forming with support near $26,810 on […]

In this week’s newsletter, read about how marketplace Magic Eden integrated compressed nonfungible tokens (NFTs) into its platform and how Meta launched its metaverse game on mobile and web. Check out why the Bitcoin Ordinals creator proposes changing the protocol’s numbering system and learn about Atari founder Nolan Bushnell’s perspectives on play-to-earn gaming. In other news, the United States Securities […]

Former U.S. Treasury Secretary Larry Summers has openly expressed his apprehensions about the current inflationary environment in the United States. During his talk at the recent All-In Summit 2023, Summers cast doubt on the Federal Reserve’s assurance that it has the inflation situation well in hand. Lawrence Henry Summers, commonly known as Larry Summers, is a prominent American economist born […]

The Author’s Guild in the United States opened a class-action lawsuit against the Microsoft-backed OpenAI on Sept. 19 due to its alleged misuse of copyrighted material in the training of its artificial intelligence (AI) models. According to court documents, the oldest and largest professional organization for writers in the U.S. is operating under the Copyright Act and seeking “redress” for […]

Binance CEO Changpeng Zhao has disputed a recent report that claimed the executive took a $250-million loan from BAM Management, a firm that acts as Binance.US’ holding company. On Sept. 19, a report from the media outlet Decrypt interpreted court documents related to a lawsuit between Binance and the United States Securities and Exchange Commission. The report said that Binance.US’ […]