Financial News

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.

Apple finally makes a play for gamers, SEC takes aim at Metaverse tokens, CryptoZoo trolled on Steam, memestock lord is GameStop’s new CEO.

Regulatory uncertainty and the lack of transparency on stablecoins caused crypto markets to trade at its lowest levels in 3 months.

Binance CEO Changpeng “CZ” Zhao is pleased the disagreement with the SEC is over.

ZachXBT fears legal fees to defend himself in the defamation lawsuit could “easily exceed” $1 million.

In a video posted to Twitter, Ripple CEO Brad Garlinghouse opined that the U.S. financial watchdog acted in “bad faith, plain and simple.“

U.S. representative introduces bill to fire SEC’s chief, BlackRock applies for a spot Bitcoin ETF and Binance.US hires top lawyer for upcoming court battles.

Markets surged for a second time in the less than 24 hours following the fund management giant’s announcement that it had filed paperwork for the formation of a spot bitcoin ETF.