Financial News

As of 8:11am today, the price of Bitcoin (BTC) is £20,952, according to CoinMarketCap. That’s up 1.50% on yesterday’s figure of £20,639, and down 0.85% on one month ago.

TORONTO — Global technology conference Collision says it is extending its stay in Toronto for another year. The travelling event showcasing startups and business heavyweights says it will return to the city for its 2024 conference.

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North Yorkshire Police have issued a warning as they have noticed an increase in cryptocurrency scams.

"The market appears to be in a period of quiet accumulation, which suggests an undercurrent of demand," one analyst said.

The push for revised margin trading caps aims to attract diverse traders, including institutional investors, while enhancing market liquidity.

The risk-off mood is probably the market's way of telling China that rate cuts of 10 basis points are not enough to spur the slowing economy.

The event attracted over 300 attendees and a diverse array of exhibitors, according to conference organizers, signaling continued interest in the cryptocurrency despite past criticism of Bitcoin by Canada’s Prime Minister and tighter exchange regulation.

The largest crypto by market value ticked upward to $26.8K as Asia markets opened. ALSO: A Financial Times report Monday raised fresh questions about the appropriateness of crypto exchanges operating market makers.

The strength in the S&P 500 and weakness in the U.S. Dollar Index could limit the short-term downside in Bitcoin and select altcoins.

As of 8:11am today, the price of Bitcoin (BTC) is £20,623, according to CoinMarketCap. It’s down 0.51% on yesterday’s figure of £20,727, up 2.25% on last week and down 1.69% on one month ago.

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