Crypto News Roundup for Oct. 19, 2021
Markets Daily Crypto Roundup
With crypto markets continuing to edge upwards and a look at how to treat crypto in your portfolio, CoinDesk’s Markets Daily is back with the latest news roundup.
Listen on:
Related Posts


Binance Backs $32 Million Funding for Unicorn Founder’s Crypto Stablecoin
Yet another stablecoin is attracting big investors. Announced Tuesday, the founder behind a $1.4 billion startup unicorn called TMON is revealing he has raised a $32 million seed round to build a stablecoin called Terra. But while a number of startups have deployed stablecoins – cryptocurrencies engineered to track the price of another asset, usually fiat…

Japan’s Financial Regulator Mulls Cap on Cryptocurrency Margin Trading
NEWS Oct 25, 2018 at 06:00 UTC | Updated Oct 25, 2018 at 07:13 UTC Japan's Financial Services Agency (FSA) is planning to put a cap on the leverage available for crypto margin trading to curb speculation and risk. According to a news report from Nikkei Thursday, the financial market regulator is considering limiting crypto margin traders' borrowing…

Ether (ETH) Surges 17%, Polymarket Approval Chances Rocket, as ETF Makes Regulatory Progress
Ether (ETH) surged 17% to over $3,600 as favorable regulatory developments increased the likelihood of ETF approval.The CoinDesk 20, tracking the largest digital assets, rose nearly 8% amid positive regulatory progress on Ether ETFs.The CoinDesk 20, a measure of the performance of the market's largest digital assets, is up almost 8%.CoinDesk reported towards the close

South Korea Regulator Seeks Ban on Crypto Purchases With Credit Cards
South Korea's Financial Services Commission (FSC) has proposed a ban on using credit cards to purchase cryptocurrency, citing concerns "illegal outflow of domestic funds overseas."The regulator wants to expand the scope of prohibited credit card payments to add crypto exchanges to prevent foreign currency outflow and prevent money laundering, it said in a note on

First Mover Americas: Bitcoin at $50K. What Next?
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesSolana’s SOL led gains among major cryptocurrencies as bitcoin (BTC) briefly crossed the $50,000 mark late Monday, sparking renewed bullish sentiment among traders. SOL jumped 8%

FATF Says US ‘Largely Compliant’ With Virtual Currency Recommendations
The U.S. retains "minor deficiencies" in its policing of the virtual asset space. (Credit: Shutterstock)FATF Says US ‘Largely Compliant’ With Virtual Currency RecommendationsThe Financial Action Task Force (FATF) has rated the U.S. “largely compliant” with its revised criteria for preventing money laundering and terrorist financing (AML/CTF) through digital assets.The intergovernmental standards group published its assessment…

Bitcoin NFT NodeMonkes Sells for $1M as BTC Inches Towards $69K
Bitcoin NFT collections traded the most volumes in the past 24 hours at $35 million compared to Ethereum-based assets, indicating a surge in demand for Bitcoin-based assets.NodeMonkes artwork was imprinted on Bitcoin in February 2023, but launched in December last year.Digital pictures of pixellated comic monkeys on the Bitcoin blockchain became the most-traded Ordinals collection

Market Wrap: Bitcoin Is Still Up 30% in 2020 After a Bumpy Week
Jun 12, 2020 at 20:41 UTCSource: CoinDesk Bitcoin Price IndexMarket Wrap: Bitcoin Is Still Up 30% in 2020 After a Bumpy WeekDespite sliding in sympathy with stocks this week, bitcoin’s performance remains healthy this year, up 30% so far. Bitcoin (BTC) was trading around $9,412 as of 20:00 UTC (4 p.m. ET), gaining 2% over…