📰Blockchain.com Secures Dubai Regulatory Approval

After granting several crypto firms like OKX, FTX, and crypto.com subsidiaries regulatory approval, the Emirates regulators have granted crypto firm Blockchain.com access to join the list of firms that offer crypto-related services to Dubai residents.

📰Microstrategy Files For Stock Offering of up to $500 Million to Secure More Bitcoin

Microstrategy, a software developer and also a corporate Bitcoin holder, is currently planning to sell stocks of up to $500 million to buy more Bitcoin.

📰Sberbank to Let Users Issue NFTs on its Blockchain Platform

Due to the increasing demand of users and for maximum client satisfaction, one of Russia’s largest banks Sberbank will now let users issue their NFTs on its blockchain platform.

📰White House’s New Crypto Proposals Pose Grave Threat to Bitcoin, Says Cardano Creator

Charles Hoskinson, the developer of Cardano (ADA) has sent a warning to the crypto community about the new recommendations by the US government which, according to him, pose a grave threat to Bitcoin and other cryptocurrencies.

📰Algorand Foundation has $35 Million Exposure to Embattled Lending Firm Hodlnaut

Algorand foundation through a blog post has informed the public of its $35 million in Circle's USDC exposure to the troubled Singapore-based crypto lender Hodlnaut.

📰 Starbucks to Launch NFT Reward Program on Polygon

Starbucks has announced plans to launch a new program that will let customers and employees
earn and purchase digital collectible stamps (NFTs), a program that will eventually open access to new immersive coffee experiences.

📰 Indian Authorities Unfreeze Bank Account of Crypto Exchange WazirX

In August, Indian authorities froze WazirX cryptocurrency exchange bank assets worth over $8 million as per allegations related to money laundering through the exchange's platform.

CPI RELEASED

📰US CPI:
8.3% YoY, 0.1% MoM
Forecasted: 8.1% YoY, -0.1% MoM

📰CPI Core:
6.3% YoY, 0.6% MoM
Forecasted: 6.1% YoY, -0.1% MoM

📰Over $330 million liquidated in the last 24 hours♻️

📰BTC $119 million
📰ETH $116 million

📰 Ethereum Merge May Lead to More Institutional Adoption of Ethereum - Bank of America

In a few days, Ethereum will switch from the existing power-consuming proof of work consensus mechanism to proof of stake, a transition known as the Merge.

📰 EthereumPOW ETHW Fork Date Officially Announced

There have been several talks in the crypto space regarding the Ethereum Proof-of-Work fork for a while, an event that has been confirmed to be happening shortly after the Merge.

📰 South Korean Court Issues Arrest Warrant For Do Kwon

A court in South Korea has issued an arrest warrant against Do Kwon and five others according to a recent report by Bloomberg.

📰PPI in 40 minutes. Not as important as CPI but good to watch nonetheless.

📰PPI measures the price of goods sold manufacturers. So it's a bit earlier in the process compa to the CPI which measures the price paid consumers.

📰PPI MoM as estimated but Core PPI MoM 0.1% higher than estimated.

📰Not as bad as yesterday's CPI.

📰In the current state of the market we doubt this will do too much.

📰First 1 minute of price action is quite steady too. Probably a nothing burger.

📰 Fidelity Considering Offering Crypto Trading Services to Brokerage Customers - Report

Despite the crypto market downturn since stepping into this year, the daily increase in crypto users is leaving Wall Street with no option but to consider offering crypto trading services to its institutional clients.

📰Ether Proof-of-Stake Could be Classified as a Security - SEC Chair

According to a recent report by the Wall Street Journal, SEC chairman, Gary Gensler has hinted about Ether, which according to him, the recent transition to proof-of-stake could be enough reason to push Ether out of its current legislation and make it a security.

📰 Amazon, 4 Other Companies Selected to Build Digital Euro Prototype

According to recent information, the European Central Bank has selected five partners including Amazon and CaixaBank to assist in developing a digital euro prototype.

📰Today, the third largest Bitcoin address added another 1200 BTC. At a price of $19453.75

🐦https://twitter.com/_MCP_signals/status/1570756598456545284?s=20

--------------------------
JOIN NOW👉https://t.me/MyCryptoParadise_Tweets

📰Bahrain Central Bank Partners With OpenNode to Roll out BTC Payment Processing Solution

As interest in crypto keeps growing in the Middle East, Bahrain Central Bank has formed a partnership with the payment processor, OpenNode to launch a Bitcoin payment solution to satisfy people's interest.