DeFI News by Thebittimes.Com

Bitcoin Magazine counters the Federal Reserve’s lawsuit over FedNow parody merchandise, invoking First Amendment rights. On Oct. 27th, the U.S. Federal Reserve sent a notice to the popular crypto news site, Bitcoin Magazine, threatening to sue the publication over misusing FedNow’s image and trademark for their own merchandise. Today, Bitcoin Magazine has issued an open letter, exercising its First Amendment right to challenge the Fed’s claim.  BREAKING: Federal Reserve threatens to sue #Bitcoin Magazine in attempt to silence criticism of its FedNow service. — Bitcoin Magazine (@BitcoinMagazine) November 3, 2023 This merchandise, which includes t-shirts and hats emblazoned with the FedNow logo alongside an all-seeing eye, serves as the publication’s critique of the potential surveillance overreach of the FedNow system. FedNow has been criticized heavily across industries, with some claim ing that it will further centralize banking systems and compromise co...

Join Our Telegram channel to stay up to date on breaking news coverage The Bitcoin price prediction shows BTC trading with a gain of 0.14% within 24 hours as it trades around the $17,000 level. Bitcoin Prediction Statistics Data: Bitcoin price now – $17,151 Bitcoin market cap – $329.9 billion Bitcoin circulating supply – 19.2 million Bitcoin total supply – 19.2 million Bitcoin Coinmarketcap ranking – #1 BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $21,000, $23,000, $25,000 Support Levels: $14,000, $12,000, $10,000 The daily chart reveals that BTC/USD could not re claim the previous resistance level of $18,000 as the Bitcoin price keeps ranging within the channel. However, if the king coin slide below the 9-day and 21-day moving averages, the first support level could be located at $16,500. Beneath this, critical supports could be found at $14,000, $12,000, and $10,000. Bitcoin Price Prediction: Can Bitc...