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Hong Kong Seeks to Legalize Retail Crypto Trading in 2023: Report
Hong Kong plans to legalize retail crypto trading in 2023 as a part of the city's broader plan to restore its status of a finance hub.
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Twitter to be Delisted from NYSE as Deadline for Musk Deal Approaches
Twitter's shares are set to be suspended from NYSE on Friday as Musk faces a Friday deadline to complete the $44 billion deal.
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Blockchain.com Launches No-Fees Visa Debit Card in the US
Blockchain.com is launching a Visa debit card in partnership with fintech firm Marqeta, to allow users to spend crypto without fees.
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Meta Warned that it Cannot Self-Regulate its Metaverse in the UK
Meta and Microsoft will not be able to self-regulate their metaverse businesses in the UK, says Ofcom chief.
Market Analysis
Bitcoin Breaches $20,000 as the Dollar Falls After Fed Expected to Slow Rate Hikes
Bitcoin broke above the $20,000 threshold for the first time in a month, while the euro regained its parity with the US dollar.
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Cash App Users in the US Can Now Receive Bitcoin Through Lightning Network
Cash App users can now receive Bitcoin through the Lightning Network, announced the company's Product Lead Michael Rihani.
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JP Morgan Announces Web3 Digital Identity and Wallet Solution Under Development
JP Morgan is working on a digital ID solution powered by the Onyx blockchain, the bank announced Tuesday.
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Trading Volume Between Bitcoin and GBP Up 233% in September: Report
The transaction volume between sterling and BTC spiked 233% in September after the mini-budget caused havoc in UK financial markets.
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Digital Asset Funds’ Trading Volume Decreased 89% Since October 2021: Report
A strong dollar is a liability for the global economy, making an in for Bitcoin.
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Israel’s Stock Exchange Unveils Plans for Digital Assets Platform as Part of Tech Push
Israel's stock exchange plans to develop a crypto trading platform and tackle the technological revolution led by blockchain, according to its 5-year strategic plan.
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Tesla Reports $170M Impairment Loss on its Bitcoin Holdings in 10-Q Filing
Tesla reported an impairment loss of $170M on its BTC holdings.
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Japan’s Likely FX Intervention Has Little Effect as Yen Falls to 149.7 per Dollar
Japanese yen fell again Monday against the dollar even though policymakers likely intervened twice in the FX market to shore up the national currency.
Market Analysis
Bitcoin’s Volatility Falls Amid Rising Uncertainty in Stocks
Sovereign debt bubbles are being tested across the world.