Bitcoin Ethereum News Live Updates and Latest Crypto News: (18 October 2022) The global digital asset market showed some positive intentions from investors. The crypto market has registered a marginal recovery as the biggest of the assets printed green indexes. The total market capitalization still stands under the crucial $1 trillion mark.
However, the stock market extended a rebound run as major currencies rallied against the dollar. The S&P 500 closed on a good as the UK market eased off some negative pressure.
Cryptocurrency News Highlights
Meta To Sell Giphy Over UK Watchdog’s decision
Meta, the parent company of Facebook has agreed to sell the GFI creation website GIPHY as the UK’s CAM asked it to do so. Meta’s spokesperson has expressed disappointment over the regulators’ verdict.
Aptos Asks Crypto Exchanges To Halt
Aptos has asked the major crypto exchanges like Binance and FTX not to list perpetual contracts within 2 weeks. Earlier, Binance announced that APTUSDT perpetual contracts will be listed on October 19th.
Do Kwon Regrets UST Collapse
In the latest interview, Crypto fugitive Terra Chief DO Kwon mentioned that he regrets of what happened with the UST. However, he asked the new developer to learn from what happened with the stablecoin and Terra.
48K Bitcoin moved out from Coinbase Pro
As per the data, more than $940 million worth of Bitcoins has been moved out from Coinbase pro. Out of 48K moved out BTCs around 32K BTCs were aged between 3 years to 5 years old. Most of these flows are made by companies or large players, as per on-chain data. This could be an indication that major players are expecting high volatility or are preparing to cause it.
Aptos Labs Reveals Its Token Economics
The Aptos labs have released its token economics after getting backlash from the community. It has a total supply of 1 billion out of which 51.02% accounts for the community, 19% for core contributors, and 13.48% for investors. However, the remaining 16.50% is for the foundation.
EU Urges US To Form clarity over crypto laws
The European Union financial services chief has urged the US policymakers to form a conclusion over the crypto regulation. This move has come amid the increasing call for clear digital asset laws from the industry.
Binance To list Aptos
In a release, Binance announced that it will be listing the Aptos (APT) on its platform. The trading for these spot trading pairs will one from 2022-10-19 01:00 (UTC). However, another major crypto exchange FTX has also decided to list the token.
US SEC, CFTC To Probe Bankrupt Three Arrows Capital
US regulators SEC and CFTC have launched an investing whether 3AC misguided the investors over its financial situation. However, it also failed to register with the authorities, it added.
Crypto Market Registers Slight Recovery
The global crypto market cap is up by 1.63% over the past day. It now stands at $936 billion. The 24 hour market volume has registered an increase of 31% to stand at $51.1 billion.
