Bitcoin Holding Above $26K Is ‘Remarkable’ as Equities Take a Hit. What’s Next for BTC’s Price?

The 200-week and 200-day moving averages converge at $27,800, acting as an obstacle to further BTC price gains.Source

Ether Turns Inflationary as Network Revenue Plunges to 9-Month Low

ETH has given up its deflationary status as network fees are falling, putting pressure on the price of the second largest cryptocurrency.Source

Google Cloud Pushes Deeper Into Blockchain Data, Adding 11 Networks Including Polygon

Google’s cloud-computing business has stored historical data on Bitcoin since 2018, claiming the service provides faster access than can be obtained directly from the blockchain.Source

AI Should Be Decentralized, but How?

The case for greater transparency and verifiability in AI. But is decentralization the best way to achieve that and is feasible in practice? Jesus Rodriquez says the technical challenges are tremendous.Source

Web3 Adventure Game Big Time Poised to Kickoff Its ‘Player-Owned Economy’

During the last year of beta testing, the crypto and NFT-focused game’s community has grown to over 350,000 people on Discord and over a quarter million on X (formerly Twitter).Source

CFTC Denies Kalshi’s Plan to Let Users Bet on Control of U.S. Congress

Regulators said the plans weren’t in the public interest, after a court squabble involving rival service PredictItSource

European Crypto Asset Manager CoinShares to Enter U.S. Hedge Fund Fray

CEO Jean-Marie Mognetti described the move as “a natural progression”, given the “changing macro environment prominently marked by interest rates and inflation.”Source

First Mover Americas: Bitcoin Vapid; Toncoin Leads Weekly Gains

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Sam Bankman-Fried Sort of Had a Rough Day

Yesterday was arguably not a great day for Sam Bankman-Fried. First, the judge overseeing his case rejected all seven of his proposed expert witnesses*, questioning at least one’s qualifications and saying some others really wouldn’t be relevant to the case.Source