【Crypto 4 PM Brief】Bitcoin recovered to around $77,700 this afternoon, recouping most of its earlier losses after dipping to a low of around $75,700 (CoinDesk/Investing.com).
1️⃣ Block disclosed that gross profit from its Bitcoin business in the September quarter plunged 50% year over year to $52 million, mainly due to lower Bitcoin fees on Cash App. CoinDesk also reported that the company is facing a roughly $764 million settlement with the U.S. Department of Justice.
2️⃣ South Korea’s ruling party reportedly wants to postpone the implementation of the crypto tax once again.
3️⃣ On-chain investigator ZachXBT said that a roughly $133 million EU crypto theft is linked to France’s Crédit Mutuel Arkéa. Kraken and Crypto.com have reportedly restricted the related funds.
Markets are still digesting the results of the U.S. midterm elections and the regulatory outlook, with volatility elevated. This is an informational summary only and does not constitute investment advice.
#比特币 #加密新闻 #Block $BTC
1️⃣ Block disclosed that gross profit from its Bitcoin business in the September quarter plunged 50% year over year to $52 million, mainly due to lower Bitcoin fees on Cash App. CoinDesk also reported that the company is facing a roughly $764 million settlement with the U.S. Department of Justice.
2️⃣ South Korea’s ruling party reportedly wants to postpone the implementation of the crypto tax once again.
3️⃣ On-chain investigator ZachXBT said that a roughly $133 million EU crypto theft is linked to France’s Crédit Mutuel Arkéa. Kraken and Crypto.com have reportedly restricted the related funds.
Markets are still digesting the results of the U.S. midterm elections and the regulatory outlook, with volatility elevated. This is an informational summary only and does not constitute investment advice.
#比特币 #加密新闻 #Block $BTC
