FCA, the U.K.’s financial regulator, published a discussion paper in February this year on updating and improving a regime for asset management in the country. The paper touched on “how fund managers might adopt distributed ledger technology to offer fully digitised funds to the public,” Alder said. Source
Bitcoin (BTC) is 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 price reacts as CPI surpasses predictions Data from Cointelegraph Markets Pro and TradingView showed BTC price volatility staying muted after two-week lows seen the day prior. These had come thanks to U.S. macroeconomic data revealing persistent inflation continuing to take markets by surprise. On the day, the September print of the Consumer Price Index (CPI) bolstered the trend,…
Bitcoin price lost support yesterday at around $27,000 and is now below a critical level that the last two times it was lost, resulted in a 50% or more decline. Will this signal returning once again forecast sudden doom and cause crypto prices to rain down another 50% lower? Bitcoin Forecast Is Suddenly Cloudy The last several weeks of resilience in Bitcoin price action have been seemingly erased this week, as price fell below support at $27,000. While the rounded psychological number is important by itself, BTCUSD has now pushed…
The latest read on U.S. inflation Source
A new report from Glassnode, an on-chain analytical firm, has buttressed recent data indicating Bitcoin holders are adding to their holdings. These long-term Bitcoin investors, often known as “HODLers,” don’t appear to be phased by the recent volatility in Bitcoin’s price. According to on-chain data, long-term holders have been rapidly amassing Bitcoin, adding more than 50,000 BTC each month to their holdings. Monthly Accumulation Of BTC Worth $1.35 Billion Bitcoin is currently showing signs of slowing down, as its price just dipped below $27,000. It would appear that short-term speculators…
Users subscribed to Character.AI’s $10 plan can now access the group chat for feedback and improvements, before public release. Chatbot startup Character.AI is launching a new group chat feature for subscribers. The firm, backed by venture capital giant Andreessen Horowitz (a16z), has introduced a group chat where the app’s users and friends can simultaneously converse with multiple AI characters. Character Group Chat Helps Users Collaborate with AI Character.AI is a chatbot platform that allows users to customize AI companions with specific personalities. The new Character Group Chat lets users start…
A high-profile failure in crypto’s burgeoning “real-world assets” niche may take an upward turn. Source
Ether’s price is trading near September lows of $1,550 at press time. The key support, if breached, could trigger substantial liquidation of leveraged positions. That would open doors for a deeper slide toward $1,430 and eventually $1,300 and have market-wide ramifications, per Thielen. Source
Following the attack by Hamas on Israel on October 7, traders initially priced in a $3 to $4 risk premium when oil markets opened. The International Energy Agency (IEA), known as the world’s leading energy regulator, has recently warned that the global energy market is likely to remain volatile as the war between Israel and Hamas persists. The IEA Warning on Energy Market According to a CNBC report, the IEA stated in its latest monthly oil market release that, while the conflict has not yet directly impacted the physical oil…
“Of the 4,536 Bitcoins converted from ether at RenBridge, 2,849 BTC was sent through mixers, predominantly a service called ChipMixer,” Ellipic said. “Tracing these assets becomes more challenging, however at least $4 million was transferred to exchanges, where it may have been cashed out.” CryptoX Portal