Press Releases News Today TheBitTimes.com

Also Read: Will BTC Price Recover Before September 1, 2023? What’s Next for Bitcoin? advertisement The Holesky Update Recently, Parithosh Jayanthi, a DevOps at the Ethereum Foundation, informed during the Execution Layer Meeting that there were updates to share on about Devnet-8 and Holesky testnet. This was in response to the meeting called for on various other topics by Tim Beiko, an Ethereum core developer. The Holesky mainnet is likely set for launch around September 15, 2023. This upgrade would replace Goerli as a staking, infrastructure and protocol-developer testnet. “We’d like to bring up testing updates from Devnet-8 and Holesky updates (We tested out 1.4 million validators and more than 1B Ether in the network and would like to propose the same for Holesky).” ETH Price: What Could Impact? Around August 18, 2023, the wider Crypto Market s experienced a bearish cycle over selloff in the US financial markets as well as the...

Also Read: Bitcoin Price Eyes Big Move As Lightning Network Hits Binance – $38k BTC On The Cards? advertisement Meanwhile, the federal regulatory agency opened a window of opportunity for investors, traders and general public to submit their views on the Bitcoin ETF filings made via the Cboe exchange. The SEC noted that the comments would be posted on the regulator’s website. US SEC Invites Public Comment ON Bitcoin ETF Filings The regulator invited comments on filings made by Wise Origin Bitcoin Trust, WisdomTree Bitcoin Trust, VanEck Bitcoin Trust and Invesco Galaxy Bitcoin ETF. The SEC said in its website, “We encourage the public to submit comments on the Cboe BZX Exchange, Inc. filings during the comment period. We strongly encourage you to send your comments electronically.” Recommended Articles Crypto Presale Projects For ...

Also Read: Binance Adds Additional Functionalities for PEPE, FLOKI advertisement To start the week, US regional bank stocks showed some recovery in premarket hours, leading to renewed hopes of an end to the banking crisis. Meanwhile, Bitcoin price dipped as crypto exchange Binance halted Bitcoin withdrawals. Christopher Whalen: More Banks Could Fail Popular analyst and author Christopher Whalen said the massive losses in balance sheets of the major banks could pose a big problem. He said an impending banking fallout could be avoided if the US Federal Reserve takes a shift from its current monetary policy stance. Hence, this could be a likely scenario for a Bitcoin price jump in the months to come, if the banking crisis drags on. “Unless the Fed is willing to walk back their current policy and give the banks some more breathing room, I don’t think we will get out of the woods. I think you will see more banks fail.” ...

New York regulatory actions against the crypto industry have diminished the growth of the sector in New York. After introducing the BitLicense requirement and a two-year moratorium on new permits for proof-of-work crypto mining, New York is taking further regulatory actions to vex the cryptocurrency industry. advertisement New York Proposes Bill To Regulate Crypto New York Attorney General Letitia James proposes the Crypto Regulation , Protection, Transparency and Oversight Act (CRPTO) bill to further tighten rules over cryptocurrency companies in the state. The bill will be submitted for consideration in the New York State Senate and Assembly legislative session starting June 8. The bill will increase the New York Attorney General Office’s enforcement authority of cryptocurrency firms. In addition, codifying the New York State Department of Financial Services’ jurisdiction to license crypto firms and oversee the state’s digital asset licensing ...

Also Read: PayPal’s Crypto Push: Over 60 Million Venmo Users Can Now Transfer Crypto advertisement Hence, what started with Silvergate is now seen similarly with the First Republic Bank. In this context, a popular crypto expert commented that the banking crisis has just about started, although based on American television personality Jim Cramer. The CNBC host faces flak for what appears to be an ‘inverse’ prediction on stocks. In fact, some of the stocks he was bullish on declined immediately and vice versa, so much so that an “inverse Jim Cramer” strategy is popular among trader communities. Banking Crisis Just Started? The World’s first licensed Crypto Casino. Begin your journey with 20% cashback up to 10,000 USDT. Signup Ad Based on this inverse Jim Cramer strategy, XRP lawyer John Deaton, who represen...