CoinCodeCap WeekInFocus: August 27, 2023
Crypto Regulation, DAO Wars, DeFi Sagas, Bitcoin Supremacy, and Digital Avatars, all here with market updates and a meme.
While Bitcoin paves the path for crypto mass adoption, Ethereum becomes the sword of Keyboard warriors. Here’s what happened to the market yesterday:
CoinCodeCap WeekInFocus: August 27, 2023
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable. Keep Reading »
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Hashdex Enters Fray for BTC ETF Approval Amidst Regulatory Anticipation
Hashdex plans to acquire spot Bitcoin via physical exchanges within the Chicago Mercantile Exchange (CME) market.
Hashdex intends to include spot Bitcoin in its Bitcoin futures ETF and modify its ticker to Hashdex Bitcoin ETF. Keep Reading »
U.S. Treasury Unveils Proposed Crypto Tax Reporting Rules; brokers redefined
Under the proposed rules, crypto brokers would be treated similarly to brokers for traditional investments like stocks and bonds.
Per the proposed legislation, brokers would be defined to encompass platforms, payment processors and certain hosted wallets.
The Treasury Department will hold hearings on the proposal in November. Keep Reading »
Cypher Protocol Freezes $600K Stolen Funds on CEX after Security Breach
Cypher Protocol has frozen $600,000 worth of cryptocurrency obtained through a security flaw on August 7.
The team contacted the hacker on August 10 after offering a 10% white hat bounty worth about $120,000. Keep Reading »
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Helio Lending Faces Bond Sentence for False License Claims
For falsely pretending to have a local credit license, Australian-based cryptocurrency lender Helio Lending was given a one-year good behavior bond.
ASIC claimed that the fact that Helio entered a guilty plea was considered when determining its sentence. Keep Reading »
Coinbase Puts a Hold on Tether Trading for Canadian Users
Coinbase will stop trading USDT, RAI, and DAI on August 31.
Deposits and withdrawals of these stablecoins by Canadian users will continue post-deadline. Keep Reading »
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SEC Lawsuit Against Terraform Labs Stands as Judge Rejects Dismissal
A federal judge rejected Terraform Labs’ request to dismiss the SEC’s lawsuit against it.
The court declined to distinguish between MIR and LUNA coins depending on how they were sold. Keep Reading »
Previous CoinCodeCap WeekInFocus
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable. Keep Reading »
Market Updates
How Ethereum and Bitcoin Prices are Moving and Next Move for them
Ethereum and Bitcoin are the top two cryptocurrencies in the world, with a huge market cap of over $1.5 trillion as of August 2023. Both coins have seen a lot of price action and volatility in the last year due to various factors such as supply and demand, institutional adoption, regulatory developments, innovation, and sentiment. Keep Reading »
Woo Crypto Price Analysis: How to Trade WOO in 2023
Woo Network is a crypto project that provides traders with the best liquidity and execution in the market. The network’s token is WOO Crypto, which has a lot of potential to grow in the future. In this article, we will analyze the woo crypto price and show you how to trade WOO Crypto in 2023. Keep Reading »
OwlDAO Crypto: High-Returns Gambling Crypto
OwlDAO is a decentralized autonomous organization that aims to create the best web 3.0 casino solution for the crypto community.
OwlDAO leverages the power of blockchain, smart contracts, and tokenomics to provide a secure, fair, and transparent gaming experience for players and operators. Keep Reading »
YGG Crypto: Earn Big With this Play-To-Earn Crypto
Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) that invests in virtual world non-fungible tokens (NFTs) and enables its members to earn income by playing blockchain-based games.
In this article, we will explore the origin, key features, latest price analysis, and future prospects of YGG Crypto. Keep Reading »
3 Main Reasons Why You Should Use An Automated Cryptocurrency Trading Bot
A crypto trading bot automatically executes orders without your manual intervention. With the trading process being fully automated, there is no need for constant monitoring of the cryptocurrency market. A trading bot will enter and exit the trades whenever certain circumstances and conditions are met. Furthermore, an automated bot works around the clock and helps you to earn profits even while you are asleep. Keep Reading »
Top 15 Crypto Media PR Agencies in 2023
The crypto industry is booming, with new projects, innovations, and trends emerging every day. However, to stand out from the crowd and reach your target audience, you need a solid crypto media PR strategy that can help you generate awareness, credibility, and trust for your brand. Keep Reading »
Top 3 Undervalued Cryptos to Buy for the Long Term
Cryptocurrencies are one of the most exciting and innovative forms of investment in the digital age. However, with thousands of coins and tokens available in the market, it can be hard to find the ones that have the most potential for growth and profitability.
In this article, we will introduce you to three undervalued cryptos that are worth buying for the long term. These are Holo (HOT), Tellor (TRB) and My Neighbor Alice (ALICE). Keep Reading »
Top 3 Penny Crypto Set to Breach $1: MAGIC, GHST, and MATIC
The crypto market is full of surprises and opportunities. New projects emerge daily with innovative ideas and solutions that can disrupt various industries and sectors. Some of these projects have the potential to become the next big thing in the crypto space and generate massive returns for their investors.
However, finding these hidden gems is not easy. You must do your research, analysis, and due diligence before investing in any crypto project. You must also be aware of the risks and challenges in the crypto market, such as volatility, regulation, competition, and hacking. Keep Reading »
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