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Here’s what happened in crypto today

On October 23, 2023, Bitcoin experienced a notable price surge, reaching a new high of $45,000, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, climbing to $3,200, as developers announced significant upgrades to its network. Meanwhile, regulatory discussions intensified in the U.S., with lawmakers considering new guidelines for cryptocurrency exchanges. Additionally, a major NFT platform reported a record number of transactions, highlighting the growing popularity of digital collectibles. Overall, the crypto market showed strong momentum, attracting both retail and institutional investors.

Read the full article: Coin Telegraph

How DeFi is quietly rebuilding the fixed-income stack for institutional capital

Decentralized Finance (DeFi) is increasingly attracting institutional capital by innovating the fixed-income market, traditionally dominated by centralized finance. New DeFi protocols are offering yield-generating opportunities through tokenized assets and automated market-making, allowing institutions to access liquidity and diversify their portfolios. These developments are enabling a more efficient and transparent fixed-income

Crypto firms cut hundreds of jobs in weeks, blaming weak markets, strong AI

Numerous cryptocurrency firms have laid off hundreds of employees in recent weeks, attributing these job cuts to ongoing weak market conditions and the rise of artificial intelligence. Companies are facing significant financial pressures as the crypto market struggles to recover from previous downturns. The integration of AI technologies is also

Bitcoin Has Stabilized, But Investors Are Paying Up for Downside Protection: VanEck

Bitcoin has shown signs of stabilization in recent trading sessions, according to VanEck. Despite this stabilization, investors are increasingly purchasing options to protect against potential downside risks. The demand for these protective measures indicates a cautious sentiment among traders, as they seek to mitigate losses amid market volatility. VanEck'

Strategy Now Holds $54 Billion in Bitcoin—These Are Its Biggest Buys

A strategy has amassed $54 billion in Bitcoin, making it one of the largest holders of the cryptocurrency. The strategy's significant purchases include large amounts of Bitcoin during market dips, capitalizing on price fluctuations. Notable acquisitions have been made from various exchanges, contributing to its substantial holdings. The

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How DeFi is quietly rebuilding the fixed-income stack for institutional capital

Crypto firms cut hundreds of jobs in weeks, blaming weak markets, strong AI

Bitcoin Has Stabilized, But Investors Are Paying Up for Downside Protection: VanEck

Strategy Now Holds $54 Billion in Bitcoin—These Are Its Biggest Buys