Circle, a leading stablecoin issuer, was recently involved in a legal dispute between the Securities and Exchange Commission (SEC) and Binance, a major cryptocurrency exchange. Circle argues that stablecoins, which depend on other assets for value stability, should not be subject to the same financial trading regulations as traditional securities.
Circle argues stablecoins are not securities
The Binance case has become critical in the cryptocurrency world, as major exchanges such as Binance and Coinbase have opposed subjecting cryptocurrencies to existing harsh US financial laws. In response to these claims, Circle presented its argument regarding dollar-linked assets such as BUSD and its own USDC.

Cryptocurrency News – For almost six weeks, LUNC price witnessed high volatility and formed a short-term sideways trend. A rising support trend line during this consolidation period acted as a support for buyers, preventing the cryptocurrency from experiencing a significant decline. Recently, this trend line formed the basis of a reverse head-and-shoulders formation, signaling a possible uptrend in the near future.
Chart model points to a rapid 6% bounce

MicroStrategy first bought $250 million worth of bitcoin at $11,000 and then;
$700 million from $21,000
$1 billion from $52,000
From 37 thousand dollars to 500 million dollars
From 45 thousand dollars to 177 million dollars
From 48 thousand dollars to 242 million dollars
From 59 thousand dollars to 500 million dollars!
From 45 thousand dollars to 280 million dollars
From 30 thousand dollars to 200 million dollars
From 28 thousand dollars to 377 million dollars
From 27 thousand dollars to 147 million dollars

In a month when many cryptocurrencies have struggled to find their feet, Chainlink (LINK) has emerged as a beacon of resilience. The asset not only maintained its stability but also experienced a notable price increase of 23 percent in a two-week period.
What sets Chainlink apart from others is its unique behavior when it moves to exchanges; Unlike other assets that may experience declines, LINK usually has price increases.

On September 19, the rising Ethereum price hit a roadblock at $1660, forming a bearish reversal pattern known as the “Evening Star.” This particular pullback marked the third time that Ether has bounced back from a downward-sloping resistance trendline that has been dominating its price trajectory for more than two months. Given this consistent pattern, the ongoing downtrend looks set to continue with the potential for further declines on the horizon.

Layer-2 network Shibarium processed an impressive over three million transactions in less than a month. This remarkable success demonstrates significant adoption of the network relatively quickly.
Shiba Inu's team argues that developments "behind closed doors" will soon further help Shibarium "demonstrate its strength and stability."
Shibarium user adoption is on the rise
After addressing initial launch issues, the network demonstrated significant performance improvements across key metrics. The protocol engaged more than 1 million wallets in the first week post-launch, and as of the last update, this number reached 1.25 million. Additionally, the network has processed more than 3 million transactions, 3,085,075 at the time of this writing.

Bitcoin failed to reclaim the $27,000 level yesterday and is currently around $26,500. Altcoins are faring no better, with most of the large-caps experiencing minor losses. Chainlink is the only altcoin that has had a significant price increase amidst this recession in the market.
Bitcoin returned to $26.5 thousand
It was expected to be less volatile, except for a brief spike on Saturday last week that sent Bitcoin to a multi-day peak of $26,400. Unable to continue upwards, BTC retreated to $26,000 and spent the rest of the weekend there.

Average Liquidated Volume for Long Positions in Bitcoin (BTC) Futures Contracts on Okex rose to a 19-month high of $730,576.07, according to an This exceeded the previous 19-month high of $607,216.06 recorded on September 8, 2022.

Glassnode Alerts also shared earlier today that the number of addresses holding 100+ BTC coins reached a 4-month low at 15,955. This decline in addresses holding 100+ coins indicates the reluctance or decreased interest of large investors to accumulate more BTC at the current price.

Cryptocurrency News – Discussion in the Dogecoin (DOGE) community is centered around X, formerly Twitter, as the company pushes its microblogging platform towards becoming the “Everything app.” Musk's long-standing connection to the meme coin project has led many enthusiasts to speculate that Dogecoin could be used as a means of payment on the platform.

A video featuring X CEO Linda Yaccarino on Friday outlined potential features on the platform, from supporting messaging, community discussions and calls to supporting payments for online purchases and transferring money.

The cryptocurrency world received a significant jolt in July when U.S. District Judge Analisa Torres ruled in favor of Ripple Labs, which at least partially excluded some of its XRP sales from security classification. The ripple effect was immediate and decisive. XRP price rose over 25 percent to a 52-week high of $0.8875, increasing its market capitalization by $4 billion to $28.8 billion.
Victory celebration boosted Ripple's confidence

Top crypto exchange Binance made a big move in the SEC case. In a court filing on Thursday, Binance and Chief Executive Changpeng “CZ” Zhao moved to dismiss the lawsuit filed against them by the U.S. Securities and Exchange Commission (SEC).
Zhao argued in a 60-page petition that the regulator had overstepped its authority by suing them. SEC; It filed a lawsuit against the exchange in June, alleging various violations, including mishandling customer funds, deceiving investors and regulators, and violating securities laws.

Cryptocurrency news – What is (LIT) Litentry Coin? Litentry Coin (LIT) is the native cryptocurrency of the Litentry project. Litentry is a blockchain project using decentralized identity (DID) technology. DID is a technology that allows users to control and manage their identity online. Litentry helps users create, verify and manage their DIDs.
What is (LIT) Litentry Coin?
Litentry Coin has various uses. For example, Litentry Coin users can:

Terra Luna Classic (LUNC) price began to rise suddenly late on Thursday, gaining more than 10 percent in the last 24 hours. This move is surprising even for the Terra Luna Classic community, as LUNC and USTC prices have failed to gain upward momentum despite the recent significant bids and chain update.
Terra Luna price increased by more than 10 percent
Terra Luna Classic saw trading volumes soar after the community adopted two key recommendations: “Ask Binance to Start Burning USTC” and “Stop Mining and Reminding of USTC.”