Swiss online bank Dukascopy has introduced a new lending product that enables customers to borrow against their cryptocurrency. The solution allows users to receive 50% of the value of their digital assets in fiat currency while retaining their original crypto investments.
Switzerland-Regulated Dukascopy Bank Launches Automated Crypto Lending Feature
Geneva-headquartered Dukascopy Bank is now…
Binance Stops Accepting New Users in UK to Comply With Crypto Regulations – Exchanges Bitcoin News
October 18, 2023
Binance has announced that it will no longer accept new users in the U.K. in order to comply with new crypto regulations from the Financial Conduct Authority (FCA). Binance explained that it is currently looking for an FCA-authorized firm to review and approve its U.K.
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…
SEC to Intensify Crypto Market Monitoring and Examinations – Regulation Bitcoin News
October 18, 2023
The U.S. Securities and Exchange Commission (SEC) has published its examination priorities for 2024 which include crypto monitoring and examinations. The securities regulator disclosed: “Examinations of registrants will focus on the offer, sale, recommendation of, advice regarding, trading in, and other activities in crypto assets or related products.”
Division of Examinations’ 2024…
A group of prominent companies in the AI industry announced the establishment of the AI Platform Alliance, a consortium aimed at making sure that AI platforms will be more open, efficient, and sustainable.
The consortium seeks to address the growing demand for scalable AI…
The generative AI race is not letting up. This week, Chinese search and web portal giant Baidu announced the release of ERNIE 4.0, its new large language foundation model, and previewed a whole host of new software applications built atop it, including one — Qingduo, a…
Beyond HODLing: Here's How $Verse and CryptoWallet.com Lead the Way – Press release Bitcoin News
October 18, 2023
PRESS RELEASE. Cryptocurrencies are no longer just a speculative investment – stashed away and “HODLed” for a distant future. Instead, a seismic shift is underway, where cryptos are becoming a vital part of everyday life.
In the ever-evolving world of cryptocurrencies, two projects are striving to bring about a revolution in how individuals engage with digital assets. $Verse, the utility…
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…
Bitcoin, Ethereum Technical Analysis: BTC Remains Near 2-Month High, Following Strong US Retail Sales – Market Updates Bitcoin News
October 18, 2023
Bitcoin remained near a two-month high on Tuesday, as markets digested the latest retail sales figures from the United States. Sales, which account for two thirds of the U.S. economy, rose by 0.7% in September, 0.4% higher than expected. Ethereum briefly rose above…
Biggest Movers: TON Hovers Above $2, ADA Bears End 4-Day Winning Run – Market Updates Bitcoin News
October 18, 2023
Toncoin rose for a third straight day on Tuesday, despite crypto markets mostly stalling in today’s session. At the time of writing, the global market cap is up 0.02%, as traders move to secure Monday’s gains. Cardano was in the red, following a four-day bull run.
Toncoin (TON)
Toncoin was a big mover in today’s session, as the token continued to trade above its $2.00 threshold.
After…
