British financial regulator, the Financial Conduct Authority (FCA), has issued 146 crypto promotion alerts in the first 24 hours of its new crypto marketing regime. “We expect businesses including social media platforms, app stores, search engines, domain name registrars, and payments firms to consider the alerts we have issued and play their part in protecting U.K. consumers from illegal…
Bitcoin, Ethereum Technical Analysis: ETH, BTC Edge Lower as Mideast Tensions Rattle Markets – Market Updates Bitcoin News
October 10, 2023
Ethereum plunged below the $1,600 level to start the week, as global markets reacted to the escalating tensions in the Middle East. Crude oil prices rallied from a six-week low, climbing by over 4% overnight. Bitcoin gave up recent gains, as traders fled to more traditional…
Biggest Movers: SHIB Hits 4-Month Low, as Red Wave Washes Over Crypto – Market Updates Bitcoin News
October 10, 2023
Shiba inu was a notable mover on Monday, as the meme coin fell by as much as 5% to start the week. Today’s decline comes as traders moved away from high-risk assets, in favor of safe-havens like gold. XRP also dropped in today’s session, hitting a three-week low in the…
Markets faced turbulence on Monday as all four major U.S. indices took a downward turn, influenced by the Israel-Hamas conflict which escalated into an outright war over the weekend. The crypto economy experienced a 1.8% dip against the U.S. dollar on the same day. Meanwhile, the onset of the Middle Eastern conflict spurred a surge in precious metals and crude oil prices.
Mideast Crisis Sends U.S.
NFTs Can't Catch a Break as Protracted Drop in Sales Continues – Markets and Prices Bitcoin News
October 9, 2023
For the seventh week straight, non-fungible token (NFT) sales have slipped further. In the last week alone, NFT transactions totaled $66.11 million, marking an 11.65% decline from the previous week.
NFT Sales Bleed Out: The Unrelenting Seven-Week Descent
Although the broader…
Berkshire Vice Chair Charlie Munger Warns Most Crypto Investments Will Go to Zero – Featured Bitcoin News
October 9, 2023
Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has expressed his belief that the majority of cryptocurrency investments will become worthless. Regarding bitcoin, the executive opined: “That was the stupidest investment I ever…
Crypto Cards Still an Option to Spend Digital Cash in Fiat Environment – Learning - Insights Bitcoin News
October 9, 2023
Rising regulatory pressures may have limited crypto cards on offer but they remain a viable way to pay with coins where only fiat is accepted. With them, you spend crypto and that’s without the need to exchange it beforehand as it often happens when you want to pay with cryptocurrency in a fiat scenario.
Crypto Cards — How They Work and What Are the Offerings in 2023
While not as immediate as…
Free Talk Live co-host Ian Freeman has been sentenced to eight years in prison for selling bitcoin without a license, the SEC has taken in a loss in its push for interlocutory appeal against Ripple, and a verified “Satoshi” handled has stirred up controversy and debate…
Binance Announces UK Domain Compliant With New Crypto Promotion Rules – Exchanges Bitcoin News
October 8, 2023
Crypto trading giant Binance has launched a new domain for U.K. customers under Britain’s updated regulations for financial promotions. The exchange will offer retail users in the country only those products and services that comply with the latest rules for crypto…
Backed Finance Tokenizes Treasury Bond ETF on Coinbase's Base Network – Defi Bitcoin News
October 8, 2023
Backed Finance, a real-world asset tokenization issuer, announced its successful issuance of the first tokenized security on Coinbase’s Base, a layer two (L2) blockchain. The team introduced bIB01 tokens to the decentralized finance (defi) sector, mirroring the price dynamics of the Ishares short-term Treasury bond ETF.
Tokenizing U.S. Bonds on Coinbase’s L2
According to Backed Finance’s…
