Bitcoin Falls Along With U.S. Stocks as Treasury Yields, Oil Prices Rise -- Market Talk
0653 GMT - Bitcoin falls to a two-and-a-half-week low following declines in U.S. stocks overnight as Treasury yields rise and oil prices rally amid ongoing conflict in the Middle East. Bitcoin's
Express News | Forbes: UK's HMRC Plans to Expand Access to Crypto Asset Information, Sparking Privacy Concerns
On October 8, Forbes reported that Her Majesty's Revenue and Customs (HMRC) is pushing to expand its investigative powers over crypto asset information. The proposal would allow tax authorities to directly request customer data from crypto asset service providers and update inspection rules for software and electronic records. Recap, a UK-based crypto tax software company, warned that the proposed regulations define "service providers" too broadly, potentially covering non-custodial wallet software, blockchain explorers, hardware wallet manufacturers, and tax software providers. Given the transparent nature of Bitcoin transaction records, linking investors' names, addresses, and tax identities to on-chain wallet addresses could expose their long-term asset activity histories, increasing the risks of data breaches, extortion, and even physical attacks.
Bitcoin Loans Are Paying for Tuition and Working Capital, Not Just Trades, Lenders Say
Bitcoin-backed lending is evolving into a mainstream source of credit, with borrowers using BTC to access liquidity without selling.
AI Prices Drop 90% and Chain Shutdowns: A New Crypto Landscape Amid Cost Restructuring
Anthropic and OpenAI are reshaping the AI entry point through drastic price cuts, while Microsoft and NVIDIA are advancing the local agent ecosystem. Abstract's shutdown serves as a warning of the
$470 Million in Crypto Assets Transferred to Coinbase; Trump’s Reserve Order Faces Scrutiny
The U.S. government has seized $470 million in crypto assets and transferred them to an address suspected to belong to Coinbase, sparking controversy over whether this violates Trump's strategic
Bitcoin Breaks Below $83,000 as Oil Jumps on Iran Strike-plan Report
Bitcoin has slipped under a level FxPro says opens a "quick path to $80,000." Brent crude climbed above $102 and pushed Treasury yields back toward their highest since 2002.