Bitcoin bull market at risk? 7 indicators warn of BTC price 'cycle top'
Bitcoin onchain indicators are already cautioning over possible distribution of coins by investors despite sky-high BTC price targets.
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Grayscale Receives FINRA Approval for BCH and LTC to Trade Publicly
Financial regulators in the US approved shares of Grayscale Investments’ Bitcoin Cash and Litecoin trusts for trading on OTC Markets. Crypto fund manager Grayscale Investments will make Bitcoin Cash and Litecoin available for public trading through shares of the firm’s cryptocurrency trusts.In the July 20 announcement, Grayscale said the Financial Industry Regulatory Authority (FINRA) in…

OpenSea data breach causes massive leak of users’ email addresses
The NFT marketplace noted that it has reported the incident to law enforcement officials and that an inquiry is underway. 779 Total views 5 Total shares OpenSea, the world’s largest nonfungible tokens (NFT) marketplace, has issued a warning to customers after it was discovered that an employee of Customer.io, a platform for managing email newsletters…

Coinbase refutes accusation it violated campaign finance laws
Describing the allegations as “misinformation” — Coinbase chief legal officer Paul Grewal said Coinbase was exempt from certain campaign finance regulations as it is not a federal contractor.

Brazil tests DeFi elements, compatibility in Drex CBDC pilot
Brazil’s central bank is developing a synthetic central bank digital currency, which aims to blend decentralization, privacy and programmability.

South Korean central bank charts out future course of payment systems, CBDC
The BOK 2022 Payment and Settlement Systems Report is a forward-looking document with ambitious plans for financial technology in the country. 254 Total views 3 Total shares The South Korean central bank (BOK) has published its 2022 Payment and Settlement Systems Report. Oversight of the systems was carried out successfully, the report said, and it…

Bitcoin price monthly close above $69K would be 'epic' — New analysis
BTC price needs to work to flip its old 2021 all-time high to support as the Bitcoin monthly close approaches.

SEC chair’s crypto oversight strategy in question as ecosystems collapse
Congressman Tom Emmer showed concerns about the oversight strategy implemented by Gary Gensler, the chair of the U.S. Securities and Exchange Commission for the crypto ecosystem. 214 Total views 1 Total shares While regulations are often aimed at protecting citizens from bad actors, the effectiveness of crypto regulations in the United States is in question…

Pyth flips Chainlink in 30-day volume, Chronicle CEO weighs in
Pyth Network’s pull-based model has driven high transaction volumes, intensifying the Oracle’s competition with Chainlink.