Bitcoin BTC/USD moved slightly lower, but the cryptocurrency prices remained above the $34,500 level on Tuesday.

Ethereum ETH/USD also edged lower, but traded above the key $1,800 mark this morning.

The S&P CoreLogic Case-Shiller 20-city home price index climbed 2.2% year-over-year in August versus a 0.2% increase in July. The FHFA house price index increased by 0.6% from the prior month in August versus a 0.8% rise in July.

Arweave AR/USD was the top gainer over the prior 24 hours, while Render RNDR/USD turned out to be the biggest loser.

At the time of writing, the global crypto market cap rose to $1.28 trillion, recording a 24-hour gain of 0.1%. BTC was trading lower by 0.3% at $34,509…

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Matt Bell was on the staff at Tendermint (All in Bits) in the early days of 2017 when Cosmos was just a talking point between co-founders Jae Kwon and Ethan Buchman.

One of his early jobs as a software engineer was working out how best to accept bitcoin for the ATOM token sale. The June 2017 fundraiser, held during the heady days of a bull market, easily hit its hard cap of $17 million in bitcoin at a time when it was changing hands for around $2,500.

Bell left at the end of 2018 and founded Nomic-developer Turbofish, with the goal of bringing bitcoin to Cosmos directly.

After nearly five years, Nomic is now locking mainnet bitcoin and minting nBTC, an IBC-transferrable token, available…

Read more on Blockworks

The rise of digital currencies, exemplified by Bitcoin (BTC), brought a groundbreaking shift in the financial landscape. 

However, it also brought to light a critical challenge: price volatility. Bitcoin and many other early cryptocurrencies exhibited extreme price fluctuations, making them difficult to use for everyday transactions or as a reliable store of value.

Users recognized the need for stability when dealing with digital assets, particularly when conducting business or holding assets for an extended period. This need for stability in the digital currency realm paved the way for the development of stablecoins.

As a result, stablecoins emerged to address the need for a reliable and…

Read more on Cointelegraph

Politically-motivated rate cuts could coincide with the bitcoin “halvening” — as well as potential spot bitcoin ETF launches — making for a “very exciting spring” for crypto investors, Van Eck says.

“We’re near the end of this Fed cycle of tightening,” he says. “We’re certainly closer to the end than the beginning.”

“If one is cynical about the election, then you want at least six months for lower rates to kick in,” he adds. 

On the Empire podcast (Spotify/Apple), the Van Eck CEO admits he is not a “mind reader” when it comes to the timing of potential spot bitcoin ETF approvals. But he sees “movement at the [US Securities and Exchange Commission] now,…

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Warren Buffett may still view cryptocurrencies and Bitcoin (BTC) as “rat poison squared,” but he is generating big profits from his position in a crypto-friendly bank in 2023.

Warren Buffett’s “crypto bet” up $130 million in 2023

The “Oracle of Omaha” purchased 107 million shares of Nu Holdings, a Brazil-based fintech company and owner of the crypto-friendly Nubank, via his firm, Berkshire Hathaway, in two separate rounds in 2021.

Berkshire invested $500 million in Nu Holdings in June 2021 and raised its stake by another $250 million in December 2021. The firm has not sold a single share since, according to its second quarter 2023 earnings report.

Nu’s share price is…

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The US Bankruptcy Court for the District of Delaware approved Monday the amended Chapter 11 liquidation plan for Bittrex and its associated entities, including Desolation Holdings LLC.

Despite the procedural rigor behind the ruling, questions remain as the court-approved decision moves the Seattle-based company toward liquidating its assets to repay creditors. 

Bittrex filed for Chapter 11 bankruptcy relief in the US in May. Rather than reorganizing its debts, which is often the objective of Chapter 11 filings, the company elected a plan of liquidation. 

With the green light from the court, Bittrex is now authorized to proceed with the selling off of its US-based assets, per a court…

Read more on Blockworks

The attorneys representing former FTX CEO Sam Bankman-Fried have written another letter to the judge, seeking changes to the jury instructions; in the letter addressed to Judge Kaplan, the defense attorneys requested that the jury consider the role of English law in governing FTX’s terms of service.

The proposal calls on 12 jurors in the case to consider that for misappropriation to have occurred, there must have existed a trust, fiduciary relationship, or a similar relationship between FTX and its customers. However, the firm’s terms of service have made it clear that there was no such relationship between the two parties.

The defense attorneys’ proposal read:

“Under English law,… Read more on Cointelegraph