News

Here’s what happened in crypto today

The crypto market experienced significant fluctuations today, with Bitcoin dipping below $27,000 before recovering slightly. Ethereum also saw a decline, dropping to around $1,600. Major altcoins followed suit, with many experiencing losses of 5% or more. Additionally, regulatory developments in the U.S. have raised concerns among investors, contributing to market volatility. Overall, the day was marked by uncertainty and cautious trading among crypto enthusiasts.

Read the full article: Coin Telegraph

LMAX Group launches digital asset collateral solution for institutions

LMAX Group has introduced a digital asset collateral solution aimed at institutional clients, enabling them to use cryptocurrencies as collateral for trading and other financial activities. This new offering is designed to enhance liquidity and efficiency in the digital asset market, addressing the growing demand from institutions for secure and

Bitcoin digests highest US CPI since 2023 as Fed rate hike woes return

Bitcoin is reacting to the highest US Consumer Price Index (CPI) data since 2023, raising concerns about potential Federal Reserve interest rate hikes. The CPI report indicates persistent inflation, which could prompt the Fed to consider tightening monetary policy further. As a result, market sentiment around Bitcoin and other cryptocurrencies