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Here’s what happened in crypto today

On October 3, 2023, Bitcoin experienced a notable price surge, reaching a new high of $35,000, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, with its price climbing to $2,200 as developers announced significant upgrades to the network. Meanwhile, regulatory discussions intensified in the U.S., with lawmakers considering new frameworks for cryptocurrency taxation. Additionally, several altcoins, including Solana and Cardano, reported substantial increases in trading volume. Overall, the crypto market showed strong bullish momentum, attracting more investors.

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The UK is picking winners for its digital dollar future while Coinbase CEO cries foul

The UK government is moving forward with plans for a central bank digital currency (CBDC), often referred to as a digital pound, and is selecting key players to help shape its development. Coinbase CEO Brian Armstrong has criticized the UK's approach, arguing that it favors certain companies over

UK Selects Firms for Stablecoin Regulatory Sandbox, Including Revolut

The UK has chosen several firms to participate in its stablecoin regulatory sandbox, aimed at fostering innovation while ensuring consumer protection. Among the selected companies is Revolut, a well-known financial technology firm. The sandbox will allow these firms to test their stablecoin products and services in a controlled environment with

Blockfills co-founder and CEO Nicholas Hammer has stepped down

Nicholas Hammer, co-founder and CEO of Blockfills, has resigned from his position. The decision comes amid ongoing challenges within the cryptocurrency industry, which has faced significant volatility and regulatory scrutiny. Hammer's departure marks a significant leadership change for the company, which specializes in providing liquidity solutions for digital

Bitcoin Giant Strategy, Coinbase Among Most-Shorted Stocks: Goldman Sachs

Goldman Sachs has identified Coinbase as one of the most shorted stocks in the market, alongside other major companies. This trend reflects growing skepticism among investors regarding the cryptocurrency exchange's performance amid regulatory challenges and market volatility. The report highlights that Bitcoin's price fluctuations and the

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The UK is picking winners for its digital dollar future while Coinbase CEO cries foul

UK Selects Firms for Stablecoin Regulatory Sandbox, Including Revolut

Blockfills co-founder and CEO Nicholas Hammer has stepped down

Bitcoin Giant Strategy, Coinbase Among Most-Shorted Stocks: Goldman Sachs