Bitcoin Price Plummets Toward $59K, $250M Liquidated in a Day
The cryptocurrency market has seen better days. Bitcoin’s price hovered at the $62,000 range for a few days, but it appears that the bears were finally able to take full…
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Ripple Launches New Features for Custody Arm to Tap $16T Market
The firm behind XRP has announced the launch of several new features and functionalities for Ripple Custody. With this, the company aims to improve its custody technology for fintech and…
These Are the Top Trending Cryptocurrencies by Social Media Mention Frequency (Santiment)
The market intelligence platform Santiment has outlined a few crypto assets currently trending due to multiple mentions on social media. According to analysts at the firm, these include bitcoin (BTC),…
Bitcoin Price Reacts to Higher-Than-Expected US CPI Numbers for September
The United States Consumer Price Index measured an increasing inflation rate of 2.4% in September compared to the same month last year. However, this number was slightly higher than anticipated,…
DeFi TVL Share of Real-World Asset (RWA) Protocols Doubles Since July
Real-world asset (RWA) protocols now represent 3.69% of the total value locked (TVL) in decentralized finance (DeFi). According to the latest findings by on-chain analytic platform IntoTheBlock, this marks a…
South Korean Finance Regulators to Investigate Upbit’s Monopoly: Report
Financial Services Commission Chairman Kim Byung-hwan said he would “look into it” regarding the market domination of the country’s leading crypto exchange Upbit. In a national assembly meeting, legislator Lee…
Is China About to Dump $1.3B in ETH From PlusToken Seizure?
On Oct. 10, crypto researcher ‘FreeSamourai’ told his X followers that around 7,000 ETH of the remaining 542,000 ETH from the PlusToken seizures was sent to exchanges. This indicates “intent…
Peter Schiff Tells Michael Saylor to Take $4.3B Loan to Buy U.S. Government Bitcoin
Renowned economist and outspoken Bitcoin skeptic Peter Schiff took to X on October 9 to weigh in on the U.S. government’s impending sale of 69,370 Bitcoin, worth roughly $4.3 billion.…
South Korea to Tighten Stablecoin Regulations With New Forex Rules
South Korea’s Ministry of Strategy and Finance announced on October 8 that it is reviewing measures to regulate stablecoins more strictly. This decision comes amidst increasing criticism that stablecoins are…
Taiwan’s Financial Watchdog Prepares to Test Crypto Custody Services with Local Banks
Taiwan’s Financial Supervisory Commission is preparing to roll out a pilot program for institutional crypto custody. The regulatory agency intends to collect applications in early 2025, and three private banks…
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