The biggest news in the cryptosphere for Sept. 30 includes a court ruling in favor of Ripple against the SEC for the Hinman document, Bitcoin decoupling from the S&P 500 amid macro turmoil, and Crypto influencer Lark Davis denying ZachXBT’s accusations.
CryptoSlate Top Geschichten
Riichter Regelen zugonschte vun Ripple géint SEC am Hinman Dokument Fall
The SEC’s motion to avoid submitting the Hinman document for examination was iwwerschratt today by Judge Torres.
The SEC was ordered to hand over the document to Ripple Labs as the said document was not protected by legal privileges.
Bitcoin entkoppelt sech vun de legacy Mäert am Makro-Onrou
Since Sept. 1, geschriwen has been trading between $18,100 and $22,800 while the S&P500 has dropped lower by 10% over the same period.
Given the decoupling of the flagship crypto from the S&P500, Analyst Dylan LeClair said that Bitcoin may be on its way to reclaiming its safe haven narrative.
LeClair, however, added that it is “highly unlikely” for the decoupling to continue as central banks battle to save the deteriorating global economy.
Zukünfteg Zënserhéijungen kënne gutt sinn fir d'Krypto Mäert well grouss Währungen géint den Dollar devaluéiert ginn
Since the British pound verluer 4.8% of its value against the U.S. dollar on Sept. 26, approximately £200 million has flowed into Bitcoin in pounds.
Investisseur Vinny Lingham predicts that as more currencies are being devalued against the dollar, Bitcoin prices will continue to rise. Consequently, more people may turn to Bitcoin as a store of value and a hedge against volatile local currencies,
Wintermute Hack replizéiert op engem einfachen Laptop an ënner 48 Stonnen andeems Profanity Feeler ausnotzen
Amber Group’s latest experiment invalidates claims that it would take 1,000 GPUs about 50 days to crack private keys generated with Profanity.
Amber Group used an M1 Macbook with 32GB RAM to crack the Wintermute private key in less than 48 hours. The group warned that funds held in addresses generated by Profanity are not safe.
Ethereum verléiert Terrain wéi Solana elo e Véierel vum Gesamt NFT Volumen ausmécht
Available data from Delphi Digital indicates that Ethereum is losing NFT trading volumes to Solana.
Newly minted NFTs on Solana has increased its trading volume from 7% to 24% over the last 6 weeks.
Theta Upgrade geet live fir wTHETA als TNT20 Token z'ënnerstëtzen
In preparation for the Theta Metachain launch in December 2022, Theta Labs has deployed the Theta v3.4.0 upgrade to support wrapped THETA (wTHETA) as a TNT20 token.
Token holders can transfer their wTHETA to Metamask wallet while being able to stake THETA and TFUEL in supported nodes.
De Lark Davis refuséiert dem ZachXBT seng Uklo vu Profitéiere vu senge Matleefer duerch Shilling Low-Cap Tokens
Crypto Influencer Lark Davis has moved to save his name as he denied ZachXBT’s allegation that he intentionally profited over $1.2 million by dumping low-cap projects on his followers.
Davis claimed that he always kept the community updated on his investment opportunities and only profited from selling his tokens without any intention to harm his followers.
Uniswap Labs huet Rumeuren $ 100M u Finanzéierung bei enger Bewäertung vun $ 1B ze sammelen
Insider reports available to TechCrunch revealed that Uniswap Lab is looking to raise $100 million at a $1 billion valuation.
MicroStrategy probéiert Bitcoin Lightning Software Engineer ze lounen
MicroStrategy has moved to hire a Software Engineer to develop its Lightning Network-based Software-as-a-Service (SaaS) platform.
The solution will help enterprises manage employee data, combat cyber-security threats and explore new eCommerce use cases.
Celsius Krediteuren plënneren fir $ 439M duerch EquitiesFirst Uruff zréckzekommen
EquitiesFirst owes Celsius $439 million after it failed to return some collateral deposited by the bankrupt crypto lender.
The Creditors’ Committee has an d'Petitioun the court to issue a subpoena that will see EquitiesFirst provide clarity on its business dealings with Celsius.
Fuerschung Highlight
Bitcoin Cost Basis Metrik weist kuerzfristeg Kapitulatioun un
With the Bitcoin cost basis ratio sitting below 1, CryptoSlate Analysts predict that the market bottom is in view. Short-term holders are losing faith as the STH realized price is starting to dip below the LTH realized price.
Notwithstanding, it may take a while before an uptrend becomes sustainable as market bottoms often span over many months.
Neiegkeeten aus ronderëm de Cryptoverse
Digitex trading platform considered illegal by the CFTC
The CFTC filed a complaint claiming that the derivatives trading platform Digitex is illegal since its founder Adam Todd failed to register its futures trading activities with the commission, according to media reports.
Digitex is also accused of failing to implement due KYC process as required by the Bank Secrecy Act.
US Trustee moves to stop Celsius from reopening withdrawals
The U.S. Trustee’s office filed a Bewegung asking the court to deny Celsius’s request to enable withdrawals for custody holders.
The regulator said it is too early to reopen withdrawals as the bankruptcy court needs to examine the independent examiner’s report before deciding on when to enable withdrawals.
Krypto Maart
Bitcoin ass erop 1.83% Handel bei $19,671 an de leschten 24 Stonnen, während Ethereum op $1,347 handelt an eng Erhéijung vun 1.35% iwwer déi selwecht Period opzehuelen.
Gréissten Gewënner (24h)
Biggest Losers (24h)
Source: https://cryptoslate.com/cryptoslate-wrapped-daily-judge-rules-in-favor-of-ripple-against-sec-bitcoin-decouples-from-legacy-markets/