Headlines

Can ETH defend $2,300 amid ETF outflows?

Ethereum’s price has fallen toward the $2,300 support level as continued spot ETF withdrawals, selling by early investors and bearish technical indicators keep buyers under pressure ahead of the Federal Reserve’s interest rate decision. Summary Ethereum price trades near $2,300 after losing approximately 13.6% during October. ETF withdrawals and sales by early investors continue to…

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BSP Disqualifies Five Unregistered Money Service Businesses, Proprietors

Weekly Crypto Roundup Get the weekly briefing for Philippine crypto insiders, from the country’s longest-standing crypto and blockchain news publication. The Bangko Sentral ng Pilipinas has disqualified five unregistered money service businesses and barred their owners from registering any future sole proprietorships with the central bank. The administrative sanctions penalize foreign exchange and remittance operators…

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Zcash turns 10 as Grayscale credits developer funding for innovation

Grayscale has credited Zcash’s allocation of 20% of block rewards to development funding for supporting a decade of privacy and security upgrades as the cryptocurrency approaches its tenth anniversary on October 28. Summary Grayscale credits Zcash’s 20% developer allocation with supporting continued protocol upgrades. Miners receive 80% of block rewards, while development programs receive the…

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