BTC buyers attempted to defend $80,000 support after September US producer inflation overshot expectations by 100 basis points for the largest monthly gain since March 2022Bitcoin (BTC) dipped below $80,000 on Thursday as US Producer Price Index (PPI) data significantly beat expectations.Key points:Data from TradingView showed BTC/USD slipping to its lowest levels since Sept. 18,…

Russia plans to ban direct P2P crypto trades from July 1, 2027, while separate rules already prohibit transfers from digital accounts to self-custody wallets.Russia will ban direct peer-to-peer (P2P) cryptocurrency transactions between individuals starting next year, requiring individuals to use authorized intermediaries for such trades.The restriction will end individuals’ ability to exchange crypto assets directly…

The Nasdaq-listed treasury company holds about $237 million in TRX tokens and plans to raise additional capital to fund its purchases, alongside its daily accumulation.Nasdaq-listed Tron (TRON) has filed for a new at-the-market (ATM) share offering allowing it to sell up to $200 million of common stock that will fund an even-larger Tron (TRX) treasury.The…

The SEC and the CFTC have issued a raft of pro-crypto rules recently. But will the rules hold up in court, and can they be easily rolled back by the “anti-crypto army”?In the wake of the failed CLARITY cloture vote in the Senate, the SEC and CFTC immediately moved to issue their own rules for…

The HEX token’s price declined by 30% following local media reports of the Istanbul arrest of founder Richard Schueler, nearly two years after Interpol issued a “Red Notice.”The Hex (HEX) token fell nearly 30% in the past 24 hours after local media reports of founder Richard Schueler, also known as Richard Heart, being detained by…

Bitcoin ETFs have recorded $151 million in net outflows since Monday, after investors withdrew $681 million the previous week.US spot Bitcoin exchange-traded funds (ETFs) returned to net outflows for the week on Wednesday as BTC fell below $82,000.Bitcoin ETFs recorded about $262 million in outflows on Wednesday, reversing $176 million in inflows the day before,…

South Korea is proposing tougher cybersecurity assessments after a review identified security deficiencies at 130 financial firms.South Korea is planning tighter cybersecurity requirements for financial institutions after an investigation into earlier security incidents involving 16 companies, including crypto exchanges. The Financial Services Commission (FSC) said it would pursue improved threat monitoring, more frequent security assessments and…

The consultation follows Parliament’s passage of digital asset legislation in April, with Australia’s securities regulator now proposing capital, custody and trading standards for crypto platforms.Update (Oct. 15 at 5:35 am UTC): This article has been updated to include a comment from Thomsons partner Liam Hennessy.Australia’s securities regulator opened consultation Thursday on proposed capital, custody and…

TeraWulf, Core Scientific, Cipher Mining and IREN each lost more than 12% as hotter inflation hit AI infrastructure companies. US stocks suffered their sharpest selloff since July on Wednesday as hotter-than-expected inflation data weighed on technology and AI infrastructure companies, with Bitcoin miners among those hit. The S&P 500 fell 1.1%, its biggest one-day decline…

VanEck initially filed an S-1 registration statement for the exchange-traded fund in October last year. Asset manager VanEck said it no longer plans to proceed with its proposed Lido staked Ether exchange-traded fund, shelving the product designed to give investors exposure to the liquid staking token. In an SEC filing on Wednesday, VanEck Digital Assets…