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Fidelity Submits Updated Spot Bitcoin ETF Application

[Oct 19, 2023 12:30 AM] Fidelity has submitted an updated proposal for a spot bitcoin exchange-traded fund (ETF) to the U.S. Securities and Exchange Commission (SEC). The asset manager joins other applicants in continued efforts to address regulatory concerns that have…

Binance US Suspends Withdrawals in US Dollars

[Oct 18, 2023 10:30 PM] Crypto exchange Binance US has suspended withdrawals in U.S. dollars. Users who want to withdraw their USD funds must first convert them into stablecoins or other cryptocurrencies, which can then be withdrawn. Binance US Updates Dollar Withdrawal…

Biggest Movers: SHIB, DOGE Fall, as Crypto Markets Consolidate

[Oct 18, 2023 9:30 AM] Meme coins were one of the biggest casualties of Wednesday’s price consolidation, falling by as much as 2% in today’s session. The decline comes as a result of profit taking, following strong gains to start the week. Shiba inu and dogecoin remain…

Bitcoin Dominance Rises: Why Altcoin Buying May Need A Break

[Oct 18, 2023 5:00 AM] In a recent trend evident on crypto charts, Bitcoin dominance is once again on the rise, prompting some traders and investors to rethink their strategies concerning altcoins. An in-depth analysis of the data, coupled with insights from prominent…

Fed Governor Questions Need for US Central Bank Digital Currency

[Oct 18, 2023 12:00 AM] A top Federal Reserve official said Tuesday she has yet to be convinced there is a need for the U.S. central bank to develop a digital currency. Fed Governor Remains Unconvinced on U.S. CBDC, Cites Existing Innovations and Risks In a discourse at…

Swiss Bank Offers Clients Crypto Lending Product

[Oct 17, 2023 9:00 PM] Swiss online bank Dukascopy has introduced a new lending product that enables customers to borrow against their cryptocurrency. The solution allows users to receive 50% of the value of their digital assets in fiat currency while retaining their…

SEC to Intensify Crypto Market Monitoring and Examinations

[Oct 17, 2023 7:30 PM] The U.S. Securities and Exchange Commission (SEC) has published its examination priorities for 2024 which include crypto monitoring and examinations. The securities regulator disclosed: “Examinations of registrants will focus on the offer, sale…