DeFi News Today TheBitTimes.com

JPMorgan introduces programmable payments for JPM Coin users. Clients can now automate payments based on preset conditions. The move aims to enhance flexibility and responsiveness in transactions. In a strategic move to adapt to the evolving landscape of 24×7 crypto payments infrastructure, JPMorgan has introduced a new feature for users of its blockchain-based settlement token, JPM Coin. Clients can now leverage programmable payments, allowing them to automate transactions based on preset conditions rather than relying on standing orders for payments to occur at predetermined times. Adapting to crypto market dynamics Traditionally, JPMorgan clients had to set standing orders for payment s to take place at specific times, limiting their ability to respond dynamically to market events. With the introduction of programmable payment s, users can now program their accounts to initiate payment s when relevant criteria are met. This includes scenarios suc...

The Bitcoin price remains unchanged over the last 24 hours, rising a mere 0.8% to trade at $34,370 as of 2:00 a.m. EST.  The rally witnessed in the BTC price since Oct.13 appears to be fizzling out as the big crypto token turns down on the daily timeframe. Bitcoin, however, remains bullish in the medium to long term. It is up 23% over the last 30 days and 17% over the last three months. The flagship cryptocurrency is also up 18% over the last six months and remains bullish in 2023 as its year-to-date (YTD) gains stand at a whopping 108%. As BTC continues to maintain its stability, analysts project a positive outcome for the cryptocurrency going into 2024. Jan van Eck, CEO of giant asset management firm VanEck, says that conditions are becoming extremely favorable for the cryptocurrency industry as 2024 draws near. Speaking in a new interview on the Empire podcast , he says that Bitcoin has now been established as the main alternative to gold as a store of value. With the Fed c...

r/CryptoCurrency removes moderators for MOON token insider trading. Insider trading led to an 85% token price drop, sparking debates. MOON token’s future remains uncertain, with discussions and pending decisions. In a recent development within the r/CryptoCurrency subreddit, a community of 6.9 million crypto enthusiasts, a group of moderators has been ousted for alleged insider trading of MOON tokens. This incident has stirred a flurry of discussions within the crypto community, raising questions about fairness, transparency, and regulatory actions. Moderators removed amid insider trading accusations Last Tuesday, Reddit announced its decision to terminate the “Community Points” program – a blockchain-based system designed to reward content creators and developers. This program allowed users to earn and spend community points using native tokens like MOON. However, a significant controversy erupted when it was revealed that some...

RYI Unity partners with Transak game-changing solution that bridges the gap between the crypto and traditional financial worlds. Make your digital assets work for you by effortlessly converting them into cash. Introducing RYIPAY Wallet: A Comprehensive Overview RYIPAY Wallet is not your ordinary cryptocurrency wallet. It’s an advanced platform that merges the latest technologies with user-friendly attributes. Monitor real-time market value, effortlessly handle digital assets, and conduct safe transactions all in one convenient location. Join the RYIPAY Wallet community and unlock the full potential of your crypto portfolio. Exploring the advantages of utilizing Transak for cryptocurrency-to-cash offramp Enjoy expedient and seamless transactions with instant access to up-to-date conversion rates. Avoid the hassle of extended waiting periods or complex procedures. Enjoy complete peace of mind with Transak’s security features, which provide an unparalleled level of protection f...

Ripple has secured approval in Singapore, paving the way for regional expansion. AA US Judge has also denied SEC’s appeal boosting XRP price by 4% to $0.53. Ripple’s legal wins showcase its resilience and impact on the crypto market. Ripple is trending today after its legal triumph in Singapore coupled with the denial of the SEC’s appeal. The two developments have led to a resurgence in XRP’s price. The cryptocurrency community is closely monitoring these developments, which could have far-reaching implications for both Ripple and the broader cryptocurrency market. As at the time of writing, the price of Ripple’s XRP token had gained over 4%.  It is currently trading at $0.53, marking a 5.05% increase over the past month and a 6.77% gain over the previous week. XRP price chart   Ripple secures approval in Singapore American blockchain payments firm Ripple Labs Inc. has scored a significant legal victory by ob...

A congressman likened Securities and Exchanges Commission (SEC) Chair Gary Gensler to infamous figure skater Tonya Harding for ”kneecapping” the crypto industry with a blizzard of regulation and lawsuits and another said he he should be fired. The comments came as Gensler appeared before the House Financial Services Committee yesterday. Rep Andy Barr likened him to Harding, who paid an attacker to assault main rival Nancy Kerrigan in 1994  to prevent her competing in the Winter Olympics, while Rep. Warren Davidson accused him of abusing his power and said he should be dismissed. “If the U.S. capital markets are a gold medalist, you are the Tonya Harding of securities regulation because you are kneecapping the U.S. capital markets with the avalanche of red tape coming out of your commission,” Barr said. Mr. Barr to Gensler: “If the US capital markets are a gold medalist, you are the Tonya Harding of securities regulation because you are kneecapping...

Chancer has raised $1.99 million in a presale The presale could benefit from improved crypto sentiment as BTC recovers to $27K Chancer carries a more than 10x gain in the future. Chancer has raised over $1.99 million in a  presale welcoming the first decentralised betting platform. With betting one of the fastest-growing sectors, the prospect of taking it to blockchain has excited investors. This comes when cryptocurrencies undergo consolidations following market turbulence. Bitcoin has recovered above $27,000, giving hopes of a potential resurgence. The cryptocurrency had previously slipped to below $25,000. The recoveries in the leading crypto could boost the sentiment for risk-on assets, benefiting Chancer.  Why Bitcoin is rising this week Bitcoin is up more than 7% over the past week, thanks to improving market sentiment. The sentiment reflects expectations that the Fed will pause rate hikes during the September 20 meeting. Investors ...

The CEO of the CoinFLEX cryptocurrency exchange, Mark Lamb, has released a post on his Twitter account accusing Roger Ver, also known as “Bitcoin Jesus,” of defaulting on a $47 million USDC margin call. CoinFLEX accuses “Bitcoin Jesus” of loan default The statement released by Lamb said that the accusations that the exchange was facing a tough economic period were wrong. The exchange argued that its treasury had been affected by the debt accrued by Ver. Lamb said that the exchange was looking into new ways of raising money and restoring the halted withdrawal function. CoinFLEX had apparently signed a special contract with Ver preventing the exchange from liquidating his position. Buy Bitcoin Now Your capital is at risk. “Roger Ver owes CoinFLEX $47 Million USDC. We have a written contract with him obligating him to personally guarantee any negative equity on his CoinFLEX account and top-up margin regularly . He has been in default of this agree...

Dogecoin trended downwards after it stroke a resistance level near $0.08540. The downtrend abated when price action reached what seems to be another strong support around $0.06780. However, this support is still holding, but it looks as if buyers lack the power to take the DOGE/USD value up. Let’s consider the signs in this market critically . DOGE Analysis Statistics Data : DOGE Price Now: $0.06790 DOGE Market Cap: $8.97 billion DOGE Circulating Supply: 132.7 billion DOGE Overall Supply: 132.7 billion DOGE Coinmarketcap Ranking: #10 Important Marks: Top: $0.06797, $0.06840, $0.06890 Floor: $0.06790, $0.06750, $0.06710   Dogecoin Is not Ready for an Upside gain, the Basis for Tamadoge is Bullish Looking at the DOGE/USD daily chart portrays the buyers as too weak to initiate an Uptrend. Even after the Stochastic Indicator curves have gotten to the oversold area, and have crossed each other, still price action seems unready to bounce upwards. Also, the EMA...

Join Our Telegram channel to stay up to date on breaking news coverage Major cryptocurrency trading platform Coinbase is interested in forming a partnership with MakerDAO, the most prominent decentralized lending platform. Coinbase has made an offer to pay MakerDAO 1.5% interest on its USDC assets if Maker transfers those holdings to Prime, which is Coinbase’s institutional-grade investing platform. Coinbase Institutional stated in a proposal titled “MIPXX Coinbase USDC Institutional Rewards” published on MakerDAO’s online forum that the offer will address MakerDAO’s issue of having too much exposure to the dollar-pegged stablecoin for which it receives no incentive. More specifically, if the Maker Improvement Proposal (MIP) is approved, it will bring MakerDAO onto Prime as an institutional investor . It will also make it possible for 1.6 billion dollars, of the Ethereum-based cryptocurrency lender’s USDC holdings to be transferred to MakerD...

Join Our Telegram channel to stay up to date on breaking news coverage Ethereum fell below a crucial support level of $1,400 to the $1,340 level. However, going by indicators signs, it is likely that Ethereum price will rebound upwards soon. Ethereum Analysis Statistics Data : Ethereum value now: $1340 ETH’s market cap: $162.60 billion ETH’s moving supply: 122.4 million The overall supply of Ethereum: 122.4 million Ethereum’s Coinmarketcap ranking: #2 As a result, it is important to critically study this market for the sake of coming up with profitable trading decisions. We shall also look into the ETH/BTC market to determine useful decisions for traders who are trading in this market. Major Price Marks: Top Levels: $1340, $1400, $1450 Base Levels: $1300, $1260, $1200 Ethereum Falls Lower but May Soon Reverse Trend, Invest in Tamadoge Today Not too long after the Ethereum merge, the ETH/USD  price action broke a key support level to the downsi...

While there are lots of beliefs that you need to have a huge, expensive setup to mine Bitcoin at home, that’s not entirely true.  While the odds are pretty slim to make money mining bitcoin as a small at-home miner, it provides an excellent way to learn more about bitcoin, and you never know, you could still end up finding a block and receiving that 6.25 BTC block reward.  In this guide, you will learn what Bitcoin mining is, how it works. and how you can mine at home. What is Bitcoin Mining?  Bitcoin mining is the process through which Bitcoin transactions are processed, new blocks are added to the Bitcoin blockchain, and new units of Bitcoin are introduced into circulation.  Mining is a technical process that involves the use of computational power – commonly referred to as hash power – via specialized mining hardware to solve complex calculations. Bitcoin miners contribute extensive hash power and compete against each other t...