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Bitcoin network fundamentals have never looked better, as optimism trickles back when it comes to BTC price strength in a key Fed rate decision week. Bitcoin (BTC) starts the new week with optimism as traders greet the first green weekly candle in over a month. BTC price strength appears to be gradually improving after a weak August and start of September, with BTC/USD climbing toward $27,000. A solid weekly close provides the backdrop to what promises to be an interesting few days, which will include a key United States macroeconomic event as a potential volatility driver. The Federal Reserve will meet to decide on interest rate policy — and any surprises could have significant repercussions for risk assets, including crypto. Elsewhere, things are looking promising for Bitcoin, with network fundamentals set to surge higher to new records. Strength “under the hood” is similarly being reflected in hodler behavior, with wallet numbers continuing to shoot higher regardless of BTC price ...

Israeli police are accusing Moshe Hogeg of fraud and allege that he was involved in a $290 million crypto scam. They now want state prosecutors to charge him. According to local reports, police claim that Hogeg might have committed multiple crimes, ranging from wire fraud, theft, money laundering, and sex-related offenses where he raised $290 million by primarily scamming investors to participate in fake crypto projects. You might also like: Crypto scams on the rise, government institutions call for regulatory clarity| Weekly recap In November 2021, he was apprehended and placed under house arrest after being linked with multiple crypto scams. Over the course of two years, police thoroughly investigated his involvement in crypto scams in the process interviewing 180 individuals suspects. Law enforcement also confiscated assets and funds in various countries. Hogeg has since denied all allegations, viewing the situation as a grave injustice. He is best known for b...

Due to regulatory concerns, Binance is leaving The Netherlands. As an alternative option for trading needs, Binance has recommended that its customers in the country use Coinmerce. Binance issues Coinmerce notice Binance customers in The Netherlands reported on July 6 that they had been advised by the platform to use Coinmerce for their crypto trading needs. Coinmerce is a crypto exchange, one of the few platforms that Dutch authorities have registered. “Over the coming days, you will receive more information on how to transfer your funds to Coinmerce. We will facilitate a way for you to transfer your cryptocurrencies with the least hassle and the lowest cost.” Binance reportedly told customers they were not obliged to use Coinmerce as they could withdraw their assets to any platform. You might also like: Binance under fire as co-founder Yi He defends company Exiting Netherlands The Changpeng Zhao-led platform explained its choice of Coinmerce as a local ...