Chainalysis, a leading firm in blockchain analytics, unveiled its 2023 Global Crypto Adoption Index on September 12, 2023. This new index is part of the company’s forthcoming “2023 Geography of Cryptocurrency Report,” scheduled for release in October 2023. Based on the blog post Chainalysis published yesterday, the primary aim of the index is to amalgamate blockchain-based data with real-world metrics […]

Legislation aimed at preventing “unelected bureaucrats in Washington” from issuing a central bank digital currency (CBDC) has been reintroduced by Representative Tom Emmer. On Sep. 12, Emmer and 49 original co-sponsors revived the “CBDC Anti-Surveillance State Act” in the United States House of Representatives in a bid, they claim, to protect Americans’ right to financial privacy. “The administration has made […]

Tron price is showing positive signs above $0.080 against the US Dollar. TRX is outperforming Bitcoin and could start another increase toward $0.10. Tron is moving higher above the $0.0800 pivot level against the US dollar. The price is trading above $0.080 and the 100 simple moving average (4 hours). There is a connecting bullish trend line forming with support […]

Ethereum price is attempting a recovery wave above $1,580 against the US Dollar. ETH is struggling to clear $1,620 and might start another decline. Ethereum is struggling to gain pace for a move above $1,600 and $1,620. The price is trading below $1,600 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near […]

Potential jurors in the upcoming criminal trial of former FTX CEO Sam Bankman-Fried could be asked their thoughts on crypto, effective altruism and attention-deficit disorder as his lawyers want to weed out those they consider unsuitable. In court filings on Sep.11, Bankman-Fried’s lawyers and United States prosecutors separately filed their lists of proposed questions they wish to ask prospective jurors […]

Over 20,000 crypto tokens have been manipulated via decentralized exchange (DEX) wash trading in the last three years, according to market surveillance firm Solidus Labs. In the second part of its 2023 Crypto Market Manipulation Report released Sept. 12, Solidus said among a sample of 30,000 Ethereum-based DEX liquidity pools, nearly 70% were found to have executed wash trades since […]

In a completely unexpected move, Justin Sun, Founder of Tron and Advisor to Huobi Global has expressed his interest in acquiring FTX’s considerable crypto assets worth billions of dollars.  Justin Sun Considers Making A Bid For FTX Crypto Assets Justin Sun, Creator of Tron, one of the world’s largest blockchain ecosystems, has hinted at the possibility of acquiring the assets […]

A petition was created on Change.org on Sept. 12 to oppose the use of Chainalysis forensic services by federal agencies. The petition questioned Chainalysis’ accuracy and raised legal issues related to the activities of the blockchain data analysis firm.  The petition, started by “Stop Chainalysis,” stated that Chainalysis’ software assists crime prevention efforts “by linking the real world to crypto […]

According to data shared by cryptocurrency analyst Ali Martinez, Cardano whales have sold or redistributed approximately 1.02 billion ADA (over $265 million), the native currency of Cardano, in the last week. As per the chart presented by the expert, this unusual movement in the Cardano market could be a clear sign of doubt among major ADA investors and holders. ADA […]