#bitcoin

On August 30, Judge Katherine Polk Failla delivered a significant ruling on a case brought forth by Uniswap users who alleged they lost funds due to scam tokens on the platform. She stated that ETH and Bitcoin qualify as crypto commodities, a pivotal factor in her decision to close the Uniswap case.J udge was not persuaded by arguments suggesting Uniswap token sales were subject to the Exchange Act. Failla is also the judge overseeing the SEC’s case against Coinbase.

Ever since 2013, during the last week of summer (the 35th week of the year), BTC has ended in the green 8 out of 10 times. However, September is historically known for its bearish tendencies. How will Bitcoin mark the end of this summer?

Investment fund Pantera Capital has forecasted a boost in Bitcoin's price following the forthcoming halving in April 2024, a pattern observed in the past. With historical trends as a basis, they anticipate Bitcoin will hit $35,000 before the halving and surge to $148,000 by 2025. Decisive events, like a positive court verdict for XRP and the greenlight for BlackRock's spot Bitcoin ETF, are expected to shape these potential outcomes.

X, previously known as Twitter, has successfully obtained the Rhode Island Currency Transmitter License, enabling it to offer cryptocurrency payments and trading services in the U.S. This acquisition, confirmed on August 28 via NMLS data, aligns with X's ambition to be a "cryptocurrency-friendly" platform. Earlier, X had integrated features like Bitcoin tipping and NFT profile picture support. With this license, users might soon be able to send, receive, and store crypto directly on X, further mainstreaming cryptocurrency use.

Victory in court against the SEC enables Grayscale to transform its Bitcoin Trust (GBTC) into an ETF. This development sent Bitcoin soaring past the $27,000 milestone. Within a 45-day period, the SEC can petition for a rehearing. Once this time elapses, the court will deliver a final mandate specifying the future course of action.

He received the very first Bitcoin transaction in history, sent by the mysterious Satoshi Nakamoto. Regrettably, Hal’s battle with ALS culminated in his physical paralysis and eventual passing on August 28, 2014, in Phoenix, Arizona, at the age of 58. Finney was at the forefront of those who embraced the fascinating technology of human cryopreservation — the process of freezing bodies for potential revival in the future. Hal’s vision and unwavering belief in the power of decentralization laid the foundation for the innovations we enjoy today. His legacy lives on, inspiring countless enthusiasts worldwide to carry forward his passion for crypto and innovation.