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Here’s what happened in crypto today

On October 23, 2023, Bitcoin experienced a significant price drop, falling below $25,000 amid broader market volatility. Ethereum also saw a decline, trading around $1,600 as investors reacted to regulatory developments. In contrast, some altcoins showed resilience, with notable gains in specific projects. Additionally, major exchanges reported increased trading volumes, indicating heightened market activity despite the downturn. Analysts suggest that ongoing regulatory scrutiny and macroeconomic factors are influencing current market trends.

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