CryptoNews

Biggest Movers: SHIB, DOGE Fall, as Crypto Markets Consolidate – Market Updates Bitcoin News

October 18, 2023
Meme coins were one of the biggest casualties of Wednesday’s price consolidation, falling by as much as 2% in today’s session. The decline comes as a result of profit taking, following strong gains to start the week. Shiba inu and dogecoin remain in the red, as of writing. Shiba Inu (SHIB) Shiba inu (SHIB) was a notable mover on Wednesday, as the meme coin fell for a second consecutive…
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CryptoNews

Blackrock CEO Larry Fink Sees Global Demand and 'Pent-up Interest in Crypto' Amid Israel-Hamas War – Finance Bitcoin News

October 18, 2023
Larry Fink, the CEO of the world’s largest asset manager, Blackrock, sees the recent bitcoin rally as “an example of the pent-up interest in crypto.” Noting that as the Israel-Hamas war rages on, more people will be running to bitcoin as “a flight to quality,” the executive emphasized: “We are hearing from clients around the world about the need for crypto.” ‘The Rally Today Is…
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Australia Government Wants Crypto Exchanges to Possess a Financial Services License – Regulation Bitcoin News

October 18, 2023
Australia-based crypto exchanges may soon be required to hold a financial services license issued by the Australian Securities and Investments Commission. The Australian government expects to have the draft legislation ready in 2024. According to the proposals, crypto exchanges will be given a period of twelve months to comply with the new regulations. Protecting Consumers Cryptocurrency…
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CryptoNews

FTC Warns Consumers Crypto Deposits Are Not FDIC Insured – Regulation Bitcoin News

October 17, 2023
The U.S. Federal Trade Commission (FTC) has warned consumers that crypto deposits are not insured by the Federal Deposit Insurance Corporation (FDIC). “That money isn’t FDIC insured or protected if the crypto company goes under,” the agency cautioned. “If something happens, the government may not have an obligation to step in and help get your money back.” FTC’s Crypto Warning The U.S.
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