Bitcoin heads into November to tackle Fed rate decision day after BTC price cements its second best month of 2023. Bitcoin (BTC) has seen its highest monthly close since May 2022 after “Uptober” delivered near 30% BTC price gains. BTC/USD 1-month chart. Source: TradingView Monthly close boosts Bitcoin bull market hopes Data from Cointelegraph Markets...Continue Reading

AI developers are taking revenue, data and users away from news publications by building competing products, the News Media Alliance claims. Artificial intelligence developers heavily rely on illegally scraping copyrighted material from news publications and journalists to train their models, a news industry group has claimed. On Oct. 30, the News Media Alliance (NMA) published...Continue Reading

31-year-old Oyster Protocol founder Amir Bruno Elmaani — aka “Bruno Block” — has been sentenced to four years imprisonment for tax evasion. Amir Bruno Elmaani, the 31-year-old founder of the now-defunct cryptocurrency scheme Oyster Protocol has been handed the maximum sentence of four years in prison for tax evasion. The United States Attorney’s Office said...Continue Reading

The Invesco Galaxy Bitcoin ETF (BTCO) now appears on the clearing house’s site but doesn’t indicate an impending approval. The ticker for Invesco and Galaxy’s spot Bitcoin (BTC) exchange-traded fund (ETF) — BTCO — has appeared on the Depository Trust and Clearing Corporation’s (DTCC) website.  Invesco’s Galaxy spot Bitcoin ETF product is listed on the...Continue Reading

Two of the CFTC’s crypto tipsters scored $15 million alone which brought successful enforcement cases for the regulator. The United States commodities regulator has paid $16 million this year to whistleblowers who gave information leading to successful enforcement actions with a majority of the tips involving crypto. In an Oct. 31 statement, Commodity Futures Trading...Continue Reading

Don’t be surprised if we see more investment, more regulation and more artificial intelligence defining crypto during the last two months of 2023. As the holiday season approaches, anticipation in the cryptocurrency world heightens for the annual phenomenon known as the “Santa rally.” Amidst this festive period, market dynamics tend to shift. This season, there...Continue Reading