POKKET: Crypto Market Update (Sep 17)

crypto news, bitcoin price

Bitcoin is slightly softer, -1% to $47.7k, ETH is much the same at -1% to $3550. Movers are AUDIO +26%, CELR +19%, ALICE +11%, OGN +9%, FTM -10%, AST IOST -8%.

Binance is planning to shift away from its long-standing “decentralised headquarters” narrative due to global regulatory headwinds and consistent pressure from multiple jurisdictions to name a centralised entity.

A16z is in talks to back CoinSwitch Kuber, an Indian crypto trading startup, at a hefty $1.9B valuation.

Scaramucci’s SkyBridge Capital has filed for a crypto ETF and raised $100M for an Algorand Fund which is being capped at $250M.

Ray Dalio said if Bitcoin is very successful, regulators will move to kill it, saying “I think at the end of the day if it’s really successful, they will kill it and they will try to kill it. And I think they will kill it because they have ways of killing it”.

Vitalik Buterin has been named one of Time’s 100 “Most Influential” people list.

AMC Entertainment, one of the largest cinemas in the US, has announced it will accept BTC payments for movie tickets by the end of 2022 and will also include support for ETH and LTC.

SNX tokens enjoyed a ride up (now -2.6%) after decentralised options-trading platform Lyra announced a rewards program tied to the protocol’s sUSD stablecoins.

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