Crypto Markets Today: Bearish October Continues as Altcoins Dealt Hammer Blow
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Crypto markets extended their steep losses Thursday as altcoins plunged and bitcoin tested key support, with derivatives data showing cautious sentiment amid fading liquidity.
Federal Reserve Governor Michael Barr, who was the central bank's regulatory chief during the Biden administration, flagged potential stablecoin pitfalls.
[Ghana Central Bank Plans to Complete Crypto Asset Regulatory Legislation by Year-End]
Ghana Central Bank Governor Johnson Asiama stated that the country plans to pass cryptocurrency and virtual asset regulatory legislation by the end of December this year. The regulatory framework has been drafted, and the bill is currently under parliamentary review. Asiama emphasized at the International Monetary Fund meeting that accelerating the regulation of crypto transactions is crucial for ensuring the safety and transparency of the financial system.
[DDC Enterprise Increases Holdings by 25 BTC, Total Holdings Reach 1,083 BTC]
During the market downturn, DDC Enterprise increased its holdings by 25 Bitcoin, with an average purchase price of $108,726. Currently, the company's total Bitcoin holdings have reached 1,083 BTC.
[Charles Schwab: Will Offer Bitcoin Spot Trading in 2026]
Financial services company Charles Schwab plans to launch Bitcoin and cryptocurrency spot trading services in 2026. Currently, it manages assets totaling $10 trillion. (Bitcoin Archive)