News

Here’s what happened in crypto today

On October 23, 2023, Bitcoin's price experienced a notable increase, surpassing the $35,000 mark, driven by growing institutional interest and positive market sentiment. Ethereum also saw a rise, with its value climbing above $2,000 as developers continue to work on scalability solutions. Regulatory discussions in the U.S. are intensifying, with lawmakers considering clearer guidelines for cryptocurrency exchanges. Additionally, several altcoins gained traction, reflecting a broader recovery in the crypto market. Overall, the day marked a significant uptick in trading activity and investor confidence.

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