Monday, October 12

Crypto

Bitcoin Bulls Fight to Avoid New Lows as Stocks Stay Volatile

Bitcoin (BTC) stayed uncertain at Tuesday’s Wall Street open as US stocks responded to an earlier Asia tech sell-off.Key points:Bitcoin bulls attempt to avoid a deeper drop below local lows amid risk-asset volatility.Multiple factors are blamed for the current weakness…

What Andy Burnham Means for Crypto in the UK

Amid waning poll numbers and pressure from inside the Labour Party, Prime Minister Keir Starmer has stepped down. During Starmer’s tenure, the government introduced a moratorium on cryptocurrency donations to political campaigns, citing concerns that crypto could become a vector for…

Crypto isn’t the Problem with the US Economy, Says Senator

Cody Carbone, CEO of the cryptocurrency advocacy group The Digital Chamber, received a largely muted response to his testimony at a Senate Banking Committee hearing on affordability.In a Tuesday hearing titled The Affordability Agenda, Carbone said that the digital asset…

Zcash Miner Fortitude to Go Public in HeartSciences Merger

Zcash miner Fortitude Mining Holdings is set to merge with medical technology company HeartSciences in a deal that will allow Fortitude to become publicly traded without pursuing a traditional initial public offering.The all-stock transaction announced Tuesday will see Fortitude’s management…

CBOE Eyes Crypto Perpetual Futures After CFTC Shift

The Chicago Board Options Exchange (CBOE) is considering converting its continuous Bitcoin and Ether futures into perpetual futures, a move that would position the exchange to compete in one of crypto’s fastest-growing derivatives markets following recent regulatory changes in the…

Chainlink Joins Banks to Develop Stablecoin FX Settlement

Chainlink has joined a working group with European and South Korean banking organizations to explore the use of stablecoins for foreign exchange (FX) settlement, underscoring how blockchain technology is increasingly being tested to modernize legacy financial infrastructure.On Tuesday, Chainlink announced…

Will BTC Price Hold Above K for Much Longer?

Bitcoin (BTC) has dropped over 8% from its June high near $67,255, putting the $60,000 support level back in focus.BTC/USD daily chart. Source: TradingViewKey takeaways:The SpaceX-led tech market rout is pushing Bitcoin price toward the $60,000 support.A decisive breakdown below…

EU Committee Advances Digital Euro CBDC Bill After Vote

The creation of an EU-issued digital euro moved a step closer Tuesday after a key European Parliament committee vote.The EP’s Economic and Monetary Affairs Committee (ECON) approved its position on the digital euro package with a 43–14 vote, according to…

Kalshi Adds India to Growing List of Restricted Jurisdictions

Prediction market Kalshi has added India to its list of restricted jurisdictions, according to a members’ agreement document updated on Wednesday.The document now lists a total of 55 restricted jurisdictions whose residents are blocked from accessing the platform.India’s Ministry of…

Binance’s Yi He Warns of Alleged Scammer, CoinUp Denies Ties

Binance co-founder Yi He has warned against an alleged scammer and impersonator, prompting the crypto derivatives trading platform CoinUp to issue a statement distancing itself from the individual.Binance’s He took to X on Monday to warn against the individual referred…

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