Bitcoin continued to consolidate on Thursday, ahead of the upcoming U.S. nonfarm payrolls (NFP) report in the United States. Payrolls are expected to come in at 170,000 for September, down from 187,000 the month prior. Ethereum fell for a fourth straight day.
Bitcoin
Bitcoin (BTC) continued to trade close to a key price ceiling on Thursday, ahead of tomorrow’s NFP report.
BTC/USD peaked at…
Biggest Movers: TON, ADA Rebound From Recent Points of Support – Market Updates Bitcoin News
October 6, 2023
Toncoin rebounded from a three-week low on Thursday, as the cryptocurrency collided with a key support point. The move comes despite the global crypto market mostly consolidating during today’s session. Cardano was another notable mover, rallying away from a support point…
Spotlight on Ripple's Elite: Unveiling the Top 10 XRP Wallets – Featured Bitcoin News
October 6, 2023
In September, our newsroom unveiled a series spotlighting the premier ten wallets from platforms such as Bitcoin, Ethereum, and the stablecoin project Tether. Here’s an in-depth glance at the elite ten XRP wallets highlighted in XRP’s rich list of prominent…
South African Crypto Exchange Valr Receives 'Initial Approval' From Dubai Virtual Assets Regulator – Bitcoin News
October 5, 2023
Valr, the South Africa-based crypto exchange, recently said it had won initial approval from the Dubai virtual assets regulator. The crypto exchange’s Head of Growth, Blake Player, said Valr has been attracted by the Middle East region’s significant crypto flows and in particular Dubai’s growing reputation “as a forward-thinking and pragmatic jurisdiction.”
Valr Cannot Offer Any Virtual…
Bitfinex's Role in Taming Crypto Market Volatility: Resilience at Its Core – Sponsored Bitcoin News
October 5, 2023
Understanding volatility in the crypto market
The world of cryptocurrencies is known for its volatility, with prices fluctuating wildly within short periods. For traders, the ability to navigate and even capitalize on this is crucial to success. Understanding volatility in…
Crypto Tycoon SBF in the Dock: Jury Selection Extended; Hearing Reveals Financial Carnage – Bitcoin News
October 5, 2023
Sam Bankman-Fried (SBF), the disgraced co-founder of the now insolvent cryptocurrency exchange FTX, concluded his first day of trial involving jury selection and voir dire questioning. The process extended into Wednesday as U.S. District Judge Lewis Kaplan eliminated several…
The U.S. Securities and Exchange Commission (SEC) has asked a judge to reject Coinbase’s attempt to have the regulator’s lawsuit against it dismissed. The exchange had alleged that the agency overstepped its authority and abused its discretion in claiming that digital assets offered on the trading platform were unregistered securities.
SEC Adds Arguments to Support Its Claim That Crypto Assets…
Crypto Exchange Bybit Launches Derivatives Products in South Africa – Africa Bitcoin News
October 5, 2023
Bybit announced on Oct. 2 that it will be offering its crypto derivatives products in South Africa through Money Doc which acts as the crypto exchange’s “juristic representative.” The crypto exchange said its on-ramp service enables South African users to make deposits…
Bitcoin, Ethereum Technical Analysis: BTC Rebounds From Key Price Floor on Wednesday – Market Updates Bitcoin News
October 5, 2023
Bitcoin marginally rebounded on Wednesday, after the cryptocurrency collided with a key support point in yesterday’s session. Markets have consolidated Tuesday’s losses, with the global crypto market cap up 0.7% as of writing this. Ethereum remained under the $1,700…
Kevin O'Leary Warns of Crypto Innovation Fleeing US Due to Regulatory Hurdles – Regulation Bitcoin News
October 4, 2023
Shark Tank investor Kevin O’Leary, aka Mr. Wonderful, has expressed concerns that regulatory obstacles will drive crypto innovation away from the U.S. His comments followed a congressional hearing where Congress members grilled U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler over crypto regulation.
O’Leary Expects Crypto Innovation to Leave the U.S.
Shark Tank investor…