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Bitcoin's 21 Million Supply Cap: Immutable Truth or Future Flexibility? This week, the crypto community is abuzz with discussions about Bitcoin’s 21 million supply cap and the potential for its alteration. On September 4, in a social media exchange, software developer and Bitcoin Core contributor Peter Todd expressed his belief that in “10-20 years the idea of a hard fork to add a small tail emission may not be so controversial any more.” Todd’s remarks ignited a flurry of reactions from crypto aficionados who took issue with his statement.

Tornado Cash Co-Founder Pleads Innocence Amidst Money Laundering and Hacking Scandal On the 6th of September, 2023, the Inner City Press (ICP) delivered an account of the legal proceedings involving Roman Storm, one of the co-creators behind the ethereum (ETH) mixing protocol, Tornado Cash. In the courtroom drama that unfolded, Storm resolutely declared his innocence by pleading not guilty to the charges levied against him.

Arkham Intelligence Identifies Grayscale's $16 Billion Onchain Bitcoin Holdings Arkham Intelligence, a leading crypto analytics firm, unveiled on Wednesday its findings on Grayscale’s Bitcoin Trust onchain holdings. This revelation comes just six days after Arkham shed light on the fund manager’s onchain ethereum assets.

Bitcoin Mining Difficulty Dips 2.65%; Network Clocks Modest Uptick in Hash Price On Tuesday, September 5, 2023, Bitcoin’s mining difficulty experienced a 2.65% dip at block height 806,400, offering a slight reprieve for miners. This marks the first decline since July 26, when a 2.94% slide was recorded at block height 802,368.

Bitfinex's Resilience: Tracing its Transformation Throughout Crypto History Bitfinex, the pioneering cryptocurrency exchange, emerged in 2012, establishing itself as a trailblazer in the industry. With a resolute goal of offering a resilient trading platform for Bitcoin and other cryptocurrencies, Bitfinex swiftly garnered attention for its avant-garde trading tools, extensive selection of trading pairs, and groundbreaking features such as margin trading, lending, and staking. Driven by a passionate commitment to democratize finance, Bitfinex has always been at the forefront of unlocking access to freedom at large. As a result, Bitfinex solidified its position as a global leader, providing traders with unparalleled liquidity and cementing its status as one of the most sought-after exchanges in the world.

#USDT.DOMINANCE

Lawyers Push SEC to Approve Grayscale Bitcoin ETF 'Expeditiously' Lawyers representing crypto asset manager Grayscale Investments urged the Securities and Exchange Commission (SEC) to “expeditiously” approve a spot bitcoin exchange-traded fund (ETF) in a letter sent to the agency. Grayscale’s letter follows a unanimous ruling by a panel of the U.S. Court of Appeals for the D.C. Circuit Court on August 29 that vacated the SEC’s June denial of Grayscale’s application to convert its Grayscale Bitcoin Trust into an ETF.

hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Ethereum (ETH) remained close to the 1,630 level during today’s session, despite attempts by bears to force a breakout below 1,600. ETH/USD has climbed away from an earlier low of 1,610.14 on Wednesday, with the price going on to peak at 1,635.29. the 10-day (red) and 25-day (blue) moving averages seem set for an imminent upwards cross, however price has yet to react to the prospect. Ethereum’s price strength now sits at a reading of 36.80, marginally above a floor of 36.00, however, a ceiling of 44.00 is likely the real target for traders. Should a reversal happen in the coming days, a move to this point of resistance will be enough to send ETH past 1,700. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/ETHUSDT/o8nI0c2u-ETH-USDT-1DAY-UPDATE-BY-CRYPTOSANDERS/

Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Bitcoin’s consolidation continued on Wednesday, as bulls remained on the sidelines, despite the prospect of a “death cross.” The term refers to an entangling between moving averages, in this instance the 10-day (red) and 25-day (blue) trendlines. Despite the potential for this to occur, BTC/USD bottomed out at 25,628.61, which is marginally lower than Tuesday’s high of 25,858.37. price consolidation comes as the relative strength index (RSI), flatlines close to a support of its own at 35.00. Bulls have so far rejected a move below this point, however, in the event that this occurs, BTC could fall below 25,000. Longer-term Bitcoiners could be hoping for this, as a means of buying at an even lower rate. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you

BTC Consolidation Continues, as Moving Average ‘Death Cross’ Nears Bitcoin was largely unchanged on Wednesday, as moving averages closed in on a potential upward crossover. The potential for a “death cross” will likely be in the mind of would-be bulls, looking for an opportune time to reenter. Ethereum continues to hover close to a floor of $1,630.

Another Executive Exits Binance Amid Regulatory Scrutiny Mayur Kamat, head of product at Binance, is leaving the crypto exchange which has seen several executive exits in recent months. His and the other departures coincide with an ongoing regulatory clampdown on crypto business that has placed the leading trading platform for digital assets under increased scrutiny in some jurisdictions.

Hello, welcome to this MATIC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Polygon (MATIC) was also trading higher in today’s session, with price climbing for a fourth straight day. MATIC/USD peaked at 0.5634 on Tuesday, which comes following a low of 0.5406 to start the week. As a result of the move, the polygon climbed to its most vital point since last Thursday, when the price reached a high of 0.5885. with this current uptrend, it appears that MATIC could be heading towards a key resistance point of 0.6000. the RSI, which is tracking at 40.08, will first need to move past an upcoming ceiling at the 41.00 level. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/MATICUSDT/lwvceRoP-MATIC-USDT-1DAY-UPDATE-BY-CRYPTOSANDERS/

hello, welcome to this DOGE/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- Dogecoin ended an 8-day losing streak as prices rebounded from a recent point of support. Following a low of 0.06246 DOGE/USD rallied to an intraday peak of 0.06422 earlier in today’s session. The move comes as the meme coin surged from a floor at 0.0620, with bulls now likely targeting a ceiling of 0.0680. the bounce in price comes as the 14-day relative strength index (RSI) rose from a floor of 39.00. the index is tracking at 42.66, with the next point of resistance around 47.00. In the event that this is broken, there is a good chance that DOGE will move back towards 0.07000. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/DOGEUSDT/02PLrqIu-DOGE-USDT-1DAY-UPDATE-BY-CRYPTO-SANDERS/

hello, welcome to this TON/USD update by CRYPTO SANDERS. CHART ANALYSIS:-Toncoin (TON) also moved higher to start the week, with the token hitting a fresh multi-month high. TON/USD peaked at 1.93 on Labor Day, following a low of 1.85 during Sunday’s session. toncoin climbed to its most vital point since May 8, when the price reached a high of 2.08. The RSI on TON continues to reside over the 70.00 mark, meaning that price strength remains overbought. This has not prevented bulls from continuing to send the token higher, with the 2.00 level as the perceived target for traders. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/TONUSD/jr77zuIV-TON-USD-1DAY-UPDATE-BY-CRYPTOSANDERS/

hello, welcome to this XLM/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- XLM was one of the biggest movers, as the cryptocurrency rose by as much as 7% in today’s session. After trading at a low of 0.1147 on Sunday, XLM/USD moved to an intraday peak of 0.126 earlier in the day. This surge sees a stellar climb higher for a second consecutive day, following a rebound from a floor of 0.110. Earlier gains have already begun to ease, which comes due to the relative strength index (RSI) colliding with a ceiling of 49.00. the index is now tracking at 49.48, with the next point of resistance around 54.00. Overall, bulls seem to have set their sights on the 0.135 level. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/XLMUSDT/DsEeozPP-XLM-USDT-1DAY-UPDATE-BY-CRYPTO-SANDERS/

Hello, welcome to this ETH/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- 4-hour timeframe, it becomes evident that the downward trajectory was momentarily halted when Ethereum reached the substantial 1.6K support region. This indecision led to a brief consolidation phase marked by low volatility. However, the price experienced a sudden surge (the Grayscale pump), marked by the emergence of a substantial green candle. However, buying pressure weakened as the price ascended and approached the critical 61.8% Fibonacci retracement level, prompting a reversal. Consequently, the price embarked on another impulsive retracement, driving it back towards the 1.6K range. Furthermore, Ethereum has formed a bearish continuation flag pattern, and it is currently attempting to breach the lower boundary of this pattern. Because the 1.6K threshold holds significant psychological https://www.tradingview.com/chart/ETHUSDT/WddA1uN9-ETH-USDT-4HOUR-UPDATE-BY-CRYPTOSANDERS/

Hello, welcome to this BTC/USDT update by CRYPTO SANDERS. CHART ANALYSIS:- 4-hour chart, the recent price action becomes a lot clearer. The market has recently been rejected from the 27,500 short-term resistance level and has been declining towards the 25K support area. The RSI indicator is also showing values below 50%, emphasizing the current bearish momentum in price. Therefore, if the 25K level breaks down, things can get ugly quickly. I have tried to bring the best possible outcome to this chart. Hit the like button if you like it and share your charts in the comments section. Thank you https://www.tradingview.com/chart/BTCUSDT/Ioj7tFiK-BTC-USDT-4HOUR-UPDATE-BY-CRYPTOSANDERS/

China Wants the Digital Yuan to Be Ubiquitous in Retail Payments Arena China is pushing for universal national adoption of the digital yuan, with People’s Bank of China’s (PBOC) officials stating the currency should be available for all retail payment scenarios. The recent introduction of a standard for QR-based payment codes is part of this move, which also seeks to make wholesale payments interoperable with the digital yuan.

South Korea Seeks to Freeze North’s Crypto Assets Under New Law The government in Seoul intends to submit new legislation tailored to facilitate the tracking and freezing of crypto used to fund the weapons programs of North Korea. A bill has been drafted after extended consultations between ministries with the aim to make South Korean sanctions more effective and improve the country’s cybersecurity.