Is Terra Classic Planning For USTC To Be Pegged To The Dollar Again?

The Terra Luna Classic (LUNC) community has voted overwhelmingly, with nearly 60% in favor, to cease the minting and reminting of Terra Classic UST (USTC) tokens. The drastic decision, in a decisive move aimed at rescuing the beleaguered Terra Classic stablecoin, comes in the wake of Terra’s collapse in May 2022, which had sent shockwaves through the crypto market, leaving USTC’s value in shambles. дальше »

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Terra Classic community elects to cease USTC minting

The community strongly backs stopping TerraUSD Classic (USTC) minting and reminting in favor of burning tokens to restore its U.S. dollar peg. дальше »

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Polygon Emerges as Suitor for Celo’s New Layer-2 Blockchain, Competing With OP Stack

Celo, which is ditching its standalone blockchain in favor of a new "layer-2" network atop Ethereum, had originally signaled plans to rely on Optimism's OP Stack, a similar customizable kit to Polygon's but using Optimism’s “optimistic” technology. дальше »

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Ripple Says It Will Fight SEC Case ‘All The Way Through’ To Score More Big Wins — XRP Moon Time?

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These Countries Are Picking Shiba Inu Over Dogecoin And Cardano

Shiba Inu has been constantly garnering favor among crypto investors since its first price surge back in 2021. Even with the price drop over the last year, the meme coin still features as an investor favorite, surpassing the likes of Cardano and Dogecoin in countries with a large crypto investor presence. дальше »

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European lawmakers approve crypto tax regulatory initiative

European lawmakers overwhelmingly approved the DAC8 directive, empowering tax authorities to oversee and regulate cryptocurrency transactions within the EU. On Sept. 13, the proposal got 535 member votes in favor, only 57 against, and 60 abstentions. The DAC8 will enable… дальше »

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Bitcoin Onchain Data Show Bullish Undercurrents

The market may appear boring, but under the surface, the onchain data is quietly aligning in favor of the bulls. дальше »

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European Lawmakers 90% In Favor Of Stringent Crypto Tax Framework

European Parliament lawmakers strongly support a tax-reporting rule for crypto transactions set to take effect in 2026, aimed at assisting tax authorities and reducing tax fraud. The post European Lawmakers 90% In Favor Of Stringent Crypto Tax Framework appeared first on BeInCrypto. дальше »

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European Parliament passes DAC8 crypto tax reporting requirements by ten-to-one margin

The European Parliament has approved DAC8, a measure that introduces tax reporting requirements for crypto transactions across the European Union (EU). With a decisive vote of 535 in favor, 57 against, and 60 abstentions, the proposed rule has cleared its final legislative hurdle and is set to become law. дальше »

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Tron’s growth highlights why the next bull market may favor TRX holders

Tron comfortably averages over 4.8 million daily transactions. Evaluating TRX’s prospects in the short-term and long term. After months of keeping up with Tron’s impressive growth, it isThe post Tron’s growth highlights why the next bull market may favor TRX holders appeared first on AMBCrypto. дальше »

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VeChain helps VET make a comeback; are the bulls here to stay?

VeChain is pioneering opportunities in smart cities and focuses on environmental sustainability. VET registers a sharp uptick after finding favor with the bulls. Mass adoption and innovationThe post VeChain helps VET make a comeback; are the bulls here to stay? appeared first on AMBCrypto. дальше »

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BTC's cycle bottom: Examining the latest price trends and what lies ahead

Bitcoin loses downside flexibility after retesting June’s support level. Market sentiment switches in favor of the bulls, leading to speculation that the bottom is in. What if Bitcoin [BTCThe post BTC's cycle bottom: Examining the latest price trends and what lies ahead appeared first on AMBCrypto. дальше »

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Analyst Points Out Why End Of 2023 Will Not Be Great For XRP Price

The XRP price enjoyed a significant rise following Judge Analisa Torres’s ruling in favor of Ripple against the US Securities and Exchange Commission (SEC). However, a crypto analyst has explained why the token is unlikely to enjoy such a similar trajectory till the year runs out. дальше »

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ADA may repeat this price pattern from 2019 and the odds are in favor of...

Market indicators suggested that ADA’s price might continue to decline in the coming days  Cardano’s current on-chain performance looked similar to that of late 2019  Bitcoin [BTC] halThe post ADA may repeat this price pattern from 2019 and the odds are in favor of... appeared first on AMBCrypto. дальше »

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Crypto Firm LBRY to Challenge Ruling It Violated U.S. Securities Law

The blockchain-based file-sharing network had indicated it would be winding down after a New Hampshire court ruled in favor of the SEC last November. дальше »

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FASB's Crypto Accounting Shakeup Could Lure More Corporate Investment, Michael Saylor and Others Argue

The U.S. accounting standards board yesterday unanimously voted in favor of "fair value" accounting for crypto assets held on corporate balance sheets. дальше »

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FASB Votes In Favor of Fair Value Accounting For Bitcoin

The rules are set to go into effect as soon as 2025, but companies will be able to apply them earlier than that. дальше »

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Bitcoin’s ETF resolve injects volatility into the market

The broader market seemed unsure about Bitcoin's next direction. The CVD flipped positive, but trended negative moments after. The court ruling in favor of Grayscale, to introduce a Bitcoin The post Bitcoin’s ETF resolve injects volatility into the market appeared first on AMBCrypto. дальше »

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Ripple Has Finally Responded To The SEC’s Interlocutory Appeal

In August, the Securities and Exchange Commission (SEC) filed an interlocutory appeal against Judge Torres’ ruling in favor of Ripple Labs. In response, the crypto firm has now filed its reply in opposition to the SEC’s request for an appeal. дальше »

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Court rules in favor of HelbizCoin investors; class action to go ahead

A U.S. federal court has upheld claims by HBZ investors that the company acted fraudulently and also asserted that its token violated securities laws. дальше »

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Can Arbitrum’s Stylus Testnet change the L2 game in ARB’s favor?

Development activity on the Arbitrum network increased. New addresses continue to overlook the L2 in favor of ARB's competition. For some months, Arbitrum’s [ARB] has not been the most usThe post Can Arbitrum’s Stylus Testnet change the L2 game in ARB’s favor? appeared first on AMBCrypto. дальше »

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Is Chainlink repeating history, laying the ground for new bull run?

Whale activity around LINK has declined. Market indicators turned in buyers’ favor over the last few days. Chainlink [LINK] has been following a bearish market trend as its price action plThe post Is Chainlink repeating history, laying the ground for new bull run? appeared first on AMBCrypto. дальше »

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The Secret Victory: How Bitcoin Flipped The Energy Consumption Narrative

The debate surrounding the Bitcoin network’s energy consumption has been intense and mostly tilted in favor of BTC detractors. These individuals and entities have used the Cambridge Bitcoin Electricity Consumption Index (CBECI) to make an argument against the cryptocurrency. дальше »

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US presidential candidate: Grayscale’s victory is boost for crypto

Vivek Ramaswamy, a pro-crypto US presidential candidate, applauded the court’s ruling to favor Grayscale. He sees the victory as a watershed moment for the US web3 space. In his recent tweet, Ramaswamy criticized the overreach of U.S. regulatory watchdogs, arguing… дальше »

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Bloomberg Increases Likelihood Of Grayscale Spot Bitcoin ETF Approval Amid Uncertainty

Following the court’s ruling in favor of Grayscale against the US Securities and Exchange Commission (SEC), many have begun to wonder whether or not the SEC will succumb and approve Grayscale’s ETF application. дальше »

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GBTC Shares See Volumes Climb To 2-Year High Amid Grayscale’s Victory Lap

On August 29, the US Court of Appeals ruled in favor of Grayscale in its legal battle against the US Securities and Exchange Commission (SEC). Following this, Grayscale’s GBTC shares trading volume significantly increased, climbing to a 2-year high in the process. дальше »

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US congressman urges Gensler’s SEC exit amid Grayscale ruling

US Congressman Warren Davidson renews calls for SEC Chair Gary Gensler's removal following a Tuesday court ruling in favor of Grayscale. дальше »

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Grayscale’s Roadmap To A Bitcoin Spot ETF Following SEC Triumph

In a seismic shift for the Bitcoin industry, the DC Circuit court has ruled in favor of Grayscale Investments yesterday, effectively vacating the US Securities and Exchange Commission’s (SEC) previous denial of Grayscale’s Bitcoin spot ETF proposal. дальше »

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Bitcoin Bullish Signal: Exchange Netflow Remains Negative

On-chain data shows the Bitcoin exchange netflow has remained at negative values recently, which could play in the favor of the asset. Exchanges Have Been Seeing Net Bitcoin Outflows Recently An analyst in a CryptoQuant Quicktake post explained that investors have been withdrawing their coins from exchanges recently. дальше »

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When will Bitcoin exit its longest bear market?

During the bear market, both retail and institutional investors increased their accumulation.  Things can get bullish in the short term as a few indicators were in buyers’ favor.  After The post When will Bitcoin exit its longest bear market? appeared first on AMBCrypto. дальше »

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Bitcoin Price Taps $28,000 On Grayscale Ruling, Soaring Stock Market

Bitcoin price has thus far made a 7% intraday move following news that a US court ruled in favor of Grayscale against the SEC. At the same time, the stock market is surging. Could a perfect storm for the top cryptocurrency by market cap be building? Back At $28,000: Grayscale Court Ruling Causes BTC To Bounce In an asset class as volatile as crypto, prices — and moods — can change in a flash. дальше »

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Bitcoin Rallies Above $27,000 After Court Hands Grayscale Win In Lawsuit Against SEC

The price of Bitcoin surged on Tuesday after a federal appeals court ruled in favor of Digital asset manager Grayscale in their long-running legal battle against the United States Securities and Exchange Commission (SEC) over the launch of a spot Bitcoin ETF. дальше »

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Optimism: Why the protocol's latest unlock may not favor OP's growth

Optimism's token unlock could pose challenges to the potential growth of the protocol going forward. Network growth and velocity of the OP token fall, along with price, raising concerns. WitThe post Optimism: Why the protocol's latest unlock may not favor OP's growth appeared first on AMBCrypto. дальше »

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SEC appeal a bust? Judge’s ruling will favor XRP, crypto attorney predicts

Judge Analisa Torres will likely reject the U.S. Securities and Exchange Commission’s (SEC) interlocutory appeal, according to attorney John Deaton. Speaking at the first annual onXDC Live blockchain conference held in Texas, Deaton — founder of Crypto-Law.us and managing partner… дальше »

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Ethereum (ETH) Outperforms Bitcoin (BTC) Price in H2 2023

Albeit negative, the crypto price performance scoreboard for H2 2023 has swung in favor of Ethereum. Can the ETH price hold out for a second-half comeback in the coming months?  The post Ethereum (ETH) Outperforms Bitcoin (BTC) Price in H2 2023 appeared first on BeInCrypto. дальше »

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Bitcoin Volatility Plummets to a new low. Crypto Whales Exit in Favor of new Altcoins for immediate profit. Is This The Top Pick?

Crypto analysts are anxiously monitoring the markets for the best DeFi coins that will improve the value of their crypto holdings. This anxiety was born out of Bitcoin’s significant volatility drop in August. дальше »

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Experts Explain Why SEC’s Interlocutory Appeal In Ripple Case Was A Mistake

The United States Securities and Exchange Commission (SEC) recently filed an interlocutory appeal following Judge Analisa Torres’ ruling in favor of Ripple. However, an attorney and crypto enthusiast Greg Beuke believes the SEC made a mistake in appealing the decision. дальше »

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US judge rules in favor of human ingenuity, denies copyright for AI art

This ruling shifts the conversation on AI and copyright, underscoring the significance of human creativity in intellectual property. дальше »

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Is An XRP Spot ETF Coming To The US Soon? Bloomberg Analyst Answers

Ripple has continued to revel in the glow of Judge Analisa Torres’ ruling in favor of the crypto company, with many use cases being touted for its native token XRP. The most recent use case to surface is a Spot XRP ETF, and Bloomberg analyst James Seyffart has quickly weighed in on the possibility of this happening. дальше »

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Bitcoin: Futures market shows affinity for stablecoin collateral

There was a decisive shift in favor of stablecoin-margined BTC contracts. Owing to BTC's recent losses, short position traders swung into action. Bitcoin's [BTC] futures market has exhibitedThe post Bitcoin: Futures market shows affinity for stablecoin collateral appeared first on AMBCrypto. дальше »

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Dear crypto writers: No one wants to read your ChatGPT-generated trash

Opinion: If you used ChatGPT to write an article, do us all a favor and delete it. None of us want to read it.

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Ripple (XRP) and Litecoin (LTC) Lose Favor While Borroe ($ROE), Raising $250,000 in 5 Days, Consolidates Dominance

Ripple (XRP) may soon lose its advantage after a federal judge pointed out errors in its July 13 court victory. Also, Litecoin (LTC) has retained its bearish trajectory 24 hours before halving event. дальше »

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BUSD Facing Competition: Binance’s Stablecoin Loses Market Share

BUSD has lost market share to the growing dominance of USDT, and is increasingly sidelined by Binance in favor of alternatives. The post BUSD Facing Competition: Binance’s Stablecoin Loses Market Share appeared first on BeInCrypto. дальше »

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Shiba Inu decouples from the market; Is this catalyst why?

SHIB’s market indicators and on-chain metrics revealed what was working in its favor.  Shibarium's hype was also responsible for turning things bullish.  Shiba Inu [SHIB] has decoupled fThe post Shiba Inu decouples from the market; Is this catalyst why? appeared first on AMBCrypto. дальше »

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AI Gains Favor Among Tech Giants, Polkadot (DOT), InQubeta (QUBE), and Aave (AAVE) Experience Exponential Surge in Popularity

As the digital world embraces the transformative potential of Artificial Intelligence (AI), tech giants are showing increasing favor towards AI-driven solutions. This growing interest in AI technology has sparked a wave of enthusiasm across the crypto landscape, with cryptocurrencies like Polkadot (DOT), InQubeta (QUBE), and Aave (AAVE) experiencing an exponential surge in popularity. дальше »

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What MakerDAO's new proposal means for its investors

The newly passed proposal would bring certain changes to the fundamentals of the network. MKR’s on-chain metrics and market indicators remained in the bulls’ favor. MakerDAO [MKR] recentThe post What MakerDAO's new proposal means for its investors appeared first on AMBCrypto. дальше »

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SEC Actions Favor Corporate Capitalism Over Investors, Pro-XRP Lawyer Claims

The actions of the U. S. Securities and Exchange Commission (SEC) continue to raise eyebrows among crypto industry observers. According to John Deaton, a pro-XRP lawyer, the regulatory body’s approach to cryptocurrency regulation appears to uphold the interests of corporate capitalism rather than advocating for investor protection. дальше »

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How Bitcoin became the favorite of futures traders on this derivative exchange

BTC futures monthly volume on CME Group closed at a one-year high in July.  Positive funding rates revealed that most futures contracts opened in the past few months have been in favor of BTC'The post How Bitcoin became the favorite of futures traders on this derivative exchange appeared first on AMBCrypto. дальше »

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Will Tron maintain its bullish streak in Q3?

TRX’s burn rate remained high during Q2 2023. TRX’s price remained bullish, and market indicators were in buyers' favor.  Like most cryptos, Tron [TRX] had its ups and downs during the The post Will Tron maintain its bullish streak in Q3? appeared first on AMBCrypto. дальше »

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Data Shows: Bitcoin Traders Going Long, Blast Above $30,000 Looming?

Bitcoin continues to trade sideways during today’s trading session, holding the line draw for the past few weeks. Recent data shows that the cryptocurrency has been recording “crab-like” price action in the short term, but operators favor the long side of their trades. дальше »

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