Bitcoin Reporting Rule Scrapped for Private Wallets
The U.S. Treasury Department scrapped a proposal requiring banks to report crypto transactions over $10,000 to unhosted wallets, which had been unresolved since December 2020. #Update #Crypto $BTC
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Bitcoin Rejected at $87K as Stocks Soar
Bitcoin fell 1.2% to $85,600 as resistance at $87,000 persists; ADA surged 11%, while BNB declined 2.5%. Total market cap dropped to $2.93 trillion. #Update #Crypto $BTC
Crypto Campaign Fairshake Backs U.S. House Favorites
@Fairshake endorses 32 incumbents (13 Democrats, 19 Republicans) for U.S. House elections, with six candidates receiving $1M each to support pro-crypto policies. #Update #Crypto
Nvidia Tesla Stocks Surge Onchain Integration
@TD Securities reports that advanced automated market makers (AMMs) will enhance stock trading by allowing active price adjustments on XLayer blockchain, similar to decentralized exchanges. #Update #Crypto $BTC $ETH
CFTC Joins SEC in Crypto Regulation Proposal
The U.S. CFTC proposes new crypto regulations, following the SEC’s lead, to address market structure gaps; firms must register as DCMs for futures and options trading. #Update #Crypto $BTC $ETH
Stripe Expands Stablecoin Cards to 100 Countries
@Stripe plans to expand its stablecoin card services to over 100 countries by year-end, integrating with its Bridge and Open USD projects for enhanced payment solutions. #Update #Crypto $USDC
Bitcoin Surges Above $86000 as Traders React
Bitcoin rose 1% to over $86,000 as U.S. job growth slowed, diminishing October Fed rate hike expectations; DOGE gained 3%, while liquidations were light at $62.7M. #Update #Crypto $BTC
Crypto Crackdown Uncovers $2 Million Hamas Fundraising
The U.S. Treasury sanctioned individuals and charities for raising over $2 million for Hamas, alleging cryptocurrency was used in the operation, including hundreds of thousands sent to a Hamas commander. #Breaking #Legal $BTC
SEC Approves 3x Leverage for Bitcoin Traders
The SEC has approved a 3x Bitcoin ETF, warning it may not be suitable for all investors due to volatility decay risks, which can lead to capital loss. #Update #Crypto $BTC
Bitcoin Increases Holdings by 1000 BTC to 44000
@Metaplanet acquired a net 1,000 $BTC in Q3, increasing total holdings to 44,000 BTC ($3.8B). The firm aims to be Asia’s leading Bitcoin financial company. #Update #Crypto $BTC
Bitcoin Holds Steady at $86000 as Dollar Soars
The U.S. Dollar Index (DXY) hits 102.5, an 18-month high, impacting risk assets as $BTC holds around $86,000 amid rising interest rates. #Update #Crypto $BTC
Bitcoin Signals Shift as Ethereum Gears Up
Bitcoin regains $86,000, nearing an eight-month high, as traders monitor dollar strength; Ethereum’s “Glamsterdam” upgrade on Sepolia is underway. #Update #Crypto $BTC $ETH
Crypto Settlement Launches 24/7 with Kraken
@Payward integrates Singapore Gulf Bank’s real-time clearing network for 24/7 institutional crypto settlement, starting with U.S. dollar transactions for select clients in Asia and the Gulf region. #Update #Crypto $USDT
Bitcoin Set for Major Bullish Signal Soon
Bitcoin’s price has surged over 40% to $87,000 in Q3, with a recent stall around $85,000; analysts confirm recovery signals but caution on sustainability. #Update #Crypto $BTC