Bitcoin price started a downside correction from the USD 57,800 zone. BTC corrected lower below USD 55,500 and it even tested USD 54,000. The price is currently (04:31 UTC) recovering and trading above the USD 56,000 level. Besides, most major altcoins are struggling to start a fresh increase...
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South Korea’s crypto industry is braced for another round of potentially restrictive regulations – with a financial regulatory chief hinting that, fresh from subjecting crypto exchanges to some of the most restrictive regulations in the world, the decentralized finance (DeFi) and non-fungible token (NFT) sectors were next in line...
Ethereum (ETH) sidechain Celo (CELO) has set its sights on becoming the fastest Ethereum Virtual Machine (EVM)-compatible blockchain within the next fifteen months, according to Celo co-founder Marek Olszewski. The platform, focused on making decentralized finance (DeFi) more accessible on mobile devices, has high ambitions for a newly announced partnership with Mysten Labs...
After the bluster, the real Chinese crypto crackdown is set to begin – with regulators, courts and law enforcement agencies now looking at how to implement the terms of last month’s tumultuous joint declaration on cryptoasset-related activities.... Read More: China Ready to Get Tough with Crypto Crackdown Enforcement...
Yellen tells IMF's Georgieva data-rigging probe raised 'legitimate' concerns-Treasury
Looming Evergrande bond coupon payments intensify contagion fears
IMF board reaffirms 'confidence' in Georgieva after data-rigging claims
Coordinated action needed to halt spread of fragile states -IMF chief
S.Korea central bank holds rates as investors eye further tightening in Nov
Source: Bloomberg, 37:50