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Bitcoin Price Takes Hit As U.S. Dollar Currency Index Bounces Back
  • The BTC/USD pair reached a one-week low of $10,570 on Monday, just 24 hours after the leading cryptocurrency saw a rejection of resistance at $11,200.
  • The $11,200 rejection was anticipated by Cointelegraph Markets analyst Michaël van de Poppe, who warned that Bitcoin was unlikely to find the strength to flip the previous support level back from resistance.
  • At the same time, DXY edged past 93 on Monday, with Bitcoin’s corresponding fall characterizing continued inverse correlation.
  • Cointelegraph cited a plethora of factors for the decline, such as the COVID-19 pandemic, central bank economic policy and a separate scandal involving major institutions.
  • Also hurting Bitcoin was the U.S. dollar bouncing back. The currencies typically thrive when the other doesn’t, and that again was the case on Monday.
  • Read the full story here.
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Posted on September 21, 2020
Posted: September 21, 2020
Wisconsin Assembly Candidate Accepting Bitcoin Donations For Campaign
  • Phil Anderson, a real estate broker and entrepreneur who is running for Wisconsin State Assembly, has decided to accept cryptocurrencies donations such as Bitcoin for his campaign.
  • According to an official statement by Anderson, crypto donations are available via major cryptocurrency payment service provider BitPay.
  • The decision to accept crypto donations comes despite regulatory uncertainty from the Wisconsin Ethics Commission.
  • Anderson previously accepted Bitcoin donations when he ran for Governor of Wisconsin in 2018. That’s because the WEC failed to arrive at a decision regarding the legal status of crypto donations in the state.
  • The same scenario is playing out in 2020. Anderson, a longtime proponent of cryptocurrency, vowed to push for crypto friendly laws in Wisconsin if he defeats his opponent.
  • Read the full story here.
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Posted on September 21, 2020
Posted: September 21, 2020
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Full Length Articles

Crooked police chief sentenced to 8 years for dark web shenanigans
The charges are reminiscent of events that took place during the “Silk Road” saga. Former police chief Yuri Zaitsev was recently sentenced to eight years in prison for acting as...
Posted on September 22, 2020
SEC v. Telegram: Part 2 — The case against integrating the two prongs of a SAFT
Addressing the legitimacy of collapsing the sale of contractual rights with the eventual release of crypto assets. As discussed in the previous article, Telegram is a popular global instant...
Posted on September 22, 2020
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