UK finance regulator FCA a ‘deterrent’ to crypto industry, says CryptoUK

Bitcoin has shown resilience compared to the broader financial market amid macroeconomic uncertainty, but analysts caution it’s still too early to know whether the trend will last. “We’re not quite there yet, but if Bitcoin holds strength through the upcoming CPI, as well as ongoing Powell-related and equity earnings volatility, the decoupling narrative could evolve

Bitcoin (BTC) ranged around the key $26,800 mark for a second day on Oct. 13 with a decision due in United States regulators’ battle with crypto investment giant Grayscale.BTC/USD 1-hour chart. Source: TradingViewBitcoin lurks between major liquidity cloudsData from Cointelegraph Markets Pro and TradingView confirmed that the BTC price barely changed from the day prior

Binance’s move into the payment card space takes flight as cards go out for delivery. 1764 Total views 15 Total shares After months of waiting, planning and testing, Binance has begun delivering its debit cards to customers.“This started shipping in limited quantities as of yesterday, I heard,” Binance CEO Changpeng Zhao, also known as CZ,…

Patrick Byrne, founder and CEO of U.S. retail giant Overstock, is planning to sell the retail arm of his company to focus on blockchain by early next year, The Wall Street Journal (WSJ) reports Nov. 23.Byrne, known in the blockchain industry for his commitment to the technology, did not disclose the details of the agreement,…

Bitcoin (BTC) hit new October lows after the Oct. 11 Wall Street open as one analyst hailed the “final stage” of the cryptocurrency bear market.BTC/USD 12-hour chart. Source: TradingViewBitcoin traders stress importance of $26,800Data from Cointelegraph Markets Pro and TradingView showed further BTC price weakness emerging, costing bulls $27,000 support.At the time of writing, the

“It’s not $400 million. It’s the credibility that comes with the people who wrote those cheques,” Celsius CEO said. 961 Total views 5 Total shares Cryptocurrency lending platform Celsius Network has raised $400 million in a new equity funding round amid United States regulators increasingly cracking down on crypto lending.Announcing the news on Tuesday, Celsius…

BTC and altcoins continue to sell-off, hitting new yearly lows as the collapse of FTX begins to drastically impact investors across the entire crypto market. 1781 Total views 8 Total shares Crypto markets crumbled for a second day as the fallout from FTX’s liquidity troubles continued to negatively impact investor sentiment. Bitcoin (BTC) price fell to…

Retail and institutional traders have been buying Bitcoin on the dips, and the early-stage recovery in select altcoins suggests that the crypto market is in a bottoming stage.