POKKET: Crypto Market Update (Sep 25)
Bitcoin is lower -4% to $42.5k, ETH is -5.6% to $2900. Movers are CELR REN +25%, DODO +9%, CRV POND RSR -13%, LINA ALICE OGN NKN -11%, TRU SNX DOCK TRB GTO DIA CTSI -10%, and the rest follow.
China has declared crypto-related business illegal, including derivative transactions and overseas virtual exchanges serving Chinese residents.
Sparkpool, which is around 20% of the Ethereum’s hash power, has declared they will stop providing services to miners based in mainland China.
The SEC may be investigating Tether and Tether Operations Limited, a FOIA request found.
Kentucky’s regulator has ordered Celsius to stop offering crypto accounts.
Cambrian Asset Management, a Cali-based quant fund of $200M, will start offering exposure to crypto for institutional clients with vol suppression on the downside.
TIME’s magazine’s launch of an NFT collection sold out in one minute.
Andre Cronje has launched Artion, an NFT marketplace on the Fantom blockchain.
Axie Infinity has sold $2B worth of NFTs so far.
Shanghai will use Conflux’s permission-less blockchain infrastructure to test an offshore digital yuan stablecoin in the city’s Lingang Pilot Free Trade Zone.
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