Bitcoin faces elevated CPI, with BTC price tackling $26.8K focal point

Bitcoin (BTC) was clinging to the key $26,800 mark prior to the Oct. 12 Wall Street open as United States inflation data continued to beat expectations. BTC/USD 1-hour chart. Source: TradingView BTC... Read more »

US lawmakers urge Treasury, IRS to hasten implementation of crypto tax rules by 2 years

U.S. Senators Elizabeth Warren and Angus S. King, Jr. are pressing the U.S. Department of the Treasury and the Internal Revenue Service (IRS) to hasten the implementation of recently proposed tax reporting... Read more »

Inflation and war impact markets, but Paul Tudor Jones says, ‘I love Bitcoin and gold’

Investing legend Paul Tudor Jones has revealed that he’s bearish on stocks and bullish on gold and Bitcoin (BTC). The two main reasons he cites are the potential for an escalation of... Read more »

BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, DOT, MATIC

Buyers are finding it difficult to maintain Bitcoin (BTC) price above $27,000. The selling increased after the September producer price index rose 0.5% for the month versus expectations for a 0.3% increase.... Read more »

NASAA backs SEC case against Coinbase, calls for consistent interpretation of securities law

The U.S. Securities and Exchange Commission (SEC) has received support from the North American Securities Administrators Association (NASAA) over its legal actions against Coinbase. In an Oct. 10 court filing, NASAA argued... Read more »

Bitstamp’s departure from Canada is ‘timing issue,’ says CEO

Cryptocurrency exchange Bitstamp hopes to return to Canada after halting operations early next year, according to Bitstamp USA CEO and global chief commercial officer Bobby Zagotta. Bitstamp will officially discontinue its services... Read more »

SBF Trial Day 5 – How Caroline Ellison’s testimony could become the smoking gun needed for a guilty verdict

The fifth day of the SBF trial included testimony from Alameda Research CEO Caroline Ellison, whose testimony became a pivotal point for the case as she confessed to committing fraud under SBF’s... Read more »

Bitcoin Lightning Network growth jumps 1,200% in 2 years

Bitcoin’s layer 2 Lightning Network has seen an estimated 1,212% growth in two years, with around 6.6 million routed transactions in August, a significant jump compared to August 2021’s 503,000 transitions, according... Read more »

FCA restricts Binance’s UK partner’s ability to approve crypto ads

The United Kingdom’s Financial Conduct Authority (FCA) has restricted Binance’s local partner, Rebuildingsociety.com, from approving financial promotion content from an ‘unauthorized’ persons. Per information on the regulator’s website, Binance’s UK affilate, Rebuildingsociety.com,... Read more »

BTC price rally in doubt? Bitcoin young supply echoes 2022 bear market

Bitcoin (BTC) traders are displaying behavior similar to the 2022 bear market bottom as “uncertain” sentiment rules, new research argues. In one of its Quicktake market updates on Oct. 9, on-chain analytics... Read more »