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Here’s what happened in crypto today

On October 3, 2023, Bitcoin experienced a notable price drop, falling below $26,000 amid concerns over regulatory scrutiny and macroeconomic factors. Ethereum also saw a decline, with its price dipping alongside Bitcoin. In regulatory news, the SEC announced plans to increase oversight of cryptocurrency exchanges, which has raised alarms among investors. Additionally, several altcoins faced significant losses, reflecting a broader downturn in the market. Despite the bearish trend, some analysts remain optimistic about potential recovery in the long term.

Read the full article: Coin Telegraph

Publicly Traded Blockchain Lender Figure Confirms Customer Data Breach

Publicly traded blockchain lender Figure has confirmed a data breach affecting customer information. The breach reportedly exposed sensitive data, including names, addresses, and financial details of some clients. Figure stated that they are investigating the incident and have implemented measures to enhance security. The company has also notified affected customers

Galaxy’s Steve Kurz sees ‘great convergence’ driving crypto’s long-term outlook

Steve Kurz from Galaxy Digital highlights a "great convergence" in the cryptocurrency market, driven by the integration of traditional finance and digital assets. He believes that regulatory clarity and institutional adoption will play crucial roles in shaping the long-term outlook for crypto. Kurz emphasizes that the ongoing developments

Bitcoin Is Down Bad, But Hasn't Yet Hit Its 'Ultimate Bear Market Bottom': Analysts

Bitcoin's price has significantly declined, but analysts believe it has not yet reached its ultimate bear market bottom. Current market conditions suggest that further declines could occur before a recovery begins. Factors such as macroeconomic trends and investor sentiment are contributing to the ongoing bearish outlook. Analysts are

Elon Musk's X to launch crypto and stock trading in ‘couple weeks’

Elon Musk's platform X is set to introduce cryptocurrency and stock trading features within the next couple of weeks. This move aligns with Musk's vision of transforming X into an all-encompassing financial services platform. The trading capabilities will allow users to buy and sell various cryptocurrencies

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Publicly Traded Blockchain Lender Figure Confirms Customer Data Breach

Galaxy’s Steve Kurz sees ‘great convergence’ driving crypto’s long-term outlook

Bitcoin Is Down Bad, But Hasn't Yet Hit Its 'Ultimate Bear Market Bottom': Analysts

Elon Musk's X to launch crypto and stock trading in ‘couple weeks’