Happy Thursday!

The global crypto market cap is $1.25 trillion, with a 24-hour volume of $51.42 billion. The price of Bitcoin is $33,992.36, and BTC market dominance is 53.2%. The price of Ethereum is $1,774.54, and ETH market dominance is 17.1%. The best-performing sector is Insurance, which gained 17%. The Crypto Fear & Greed Index is currently Greed (71).

Top News

SBF Trial – Prosecution no longer expects early conclusion after SBF decides to testify

The prosecution, which previously expected the case to reach a head by Oct. 30, believes the case will now take much longer to conclude due to the complications arising from SBF's testimony.

Join us at Newconomics 2023, Nov. 14-15, in Lisbon

Ad: A new event is launching on the fringe of the Web Summit in Lisbon this year, highlighting the future of work on the blockchain. HUMAN Protocol, the decentralized, automated solution to work, is hosting Newconomics so that technologists, business people, and the curious can learn how the blockchain can work in a host of new applications.

Register to attend the event

Bitcoin is soaring, and short-term holders are here for the ride

This week's Bitcoin rally saw short-term holders cashing in and bouncing back.

Genesis moves for early bankruptcy payouts as NYAG suit applies pressure

Genesis, Digital Currency Group, and Gemini are tangled in complex legal disputes as the NYAG looms over bankruptcy processes.

Dive into the Halloween Season with a $40,000 USDT Prize Pool!

Ad: Spooky season gets rewarding with Bitget! Join their special Halloween promotion from October 18 to October 31. Whether you're a new user or a regular, you have exciting chances to win. The treats are endless, from raffles to spins and even an extra bonus for our newest members. Don't miss out on their 50% cashback offer and ensure you're part of the chance to share in the $40,000 USDT prize pool! Promotion available for EN users only. T&Cs apply.

🎃 Join the Halloween Fun Now! 🎃

Latest Insights

• Ethereum dominance against Bitcoin takes sharp dive

• Rising Bitcoin and unstable Yen means BOJ faces stiff decisions

• Digital asset market cap surges by $250 billion in October as tech stocks plummet

• Surge in Bitcoin Lightning Network capacity may just be the tip of the iceberg

More News

UK’s Financial Conduct Authority says crypto firms are failing to satisfy new promotional rules

The regulator identified three common shortcomings among crypto firms and has issued over 200 alerts for noncompliance.

Gensler remarks ‘don’t get me started on crypto’ reaffirming most digital assets are securities

SEC's Gary Gensler indicates a stern outlook on crypto, flagging heightened scrutiny ahead.

Elliptic counters WSJ report on the scale of Hamas’ crypto fundraising

The analytics firm called out newspaper for misinterpreting its data and for failing to issue a correction or clarification.

New UK law grants authorities power to seize crypto without arrest

The Economic Crime and Corporate Transparency Act is part of the UK government's recent initiative to regulate the emerging industry.

JPMorgan’s JPM Coin plans retail expansion as it secures $1 billion in daily transactions

A top executive at the bank said the institution was eyeing expanding JPM Coin's use to retailers.

Checkin.com: Innovating fast and secure KYC for Crypto & Web3

Ad: As regulations tighten their grip, KYC becomes a must-have for crypto platforms. But how can crypto and Web3 products streamline the onboarding to make the KYC process easy instead of a hassle? Checkin.com is stepping up, offering a solution that's both comprehensive and intuitive.

Submit your site for analysis here →