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Author: samwsimpson_lyjt8578

UK ‘Travel Rule’ Won’t Completely Nix Transfers to Noncompliant Places, FCA Says

Companies such as PayPal are already halting their crypto payments services in the country as a result of tighter regulations.

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Author: Jack Schickler

Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand

Stablecoin issuer Tether has announced that it will discontinue support for Omni, a Bitcoin layer that has been used for USDT transfers since 2014.

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Author: Oliver Knight

First Mover Americas: Bitcoin Drops to Lowest Level Since June

The latest price moves in bitcoin (BTC) and crypto markets in context for August 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Author: Lyllah Ledesma

Securitize Agrees to Buy Crypto Wealth Manager Onramp to Expand RIA Services

The acquisition is expected to close in the coming days and terms of the transaction have not been disclosed.

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Author: Jamie Crawley

Crypto Investors Can Now Trade XRP Options on BIT Exchange

Options allow investors to hedge bullish/bearish risks and generate additional income on top of their spot market holdings.

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Author: Omkar Godbole

Genesis, FTX Strike Deal for $175M Bankruptcy Claim

Lawyers are trying to untie a complex financial web among companies that went under in the crypto winter.

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Author: Jack Schickler

Blockchain-Harnessing AI Project Jada Receives $25M in Capital

The project’s aim is to offer AI services that aid decision-making for organizations and scale up their operations.

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Author: Jamie Crawley

Bitcoin’s 2023 Bullish Trendline in Focus as Traders Search for Directional Clues

A bullish trendline is a an upward-sloping diagonal line connecting two or more higher price lows.

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Author: Omkar Godbole

Crypto Long Trades Account for 90% of Total Liquidations as Bitcoin, Ether Slump

One trading firm has a price target of as low as $24,000 in the coming months in the absence of immediate market catalysts.

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Author: Shaurya Malwa

Bitcoin Slides to $28.3K After Leveraged Funds Ramp Up Bearish Bets

Two-thirds of leverage funds’ positions are short, one observer said, noting the bearish bias of sophisticated traders.

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Author: Omkar Godbole


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