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Uptober Crypto Prices Phenomenon: Historical Trends Meet Market Speculation


As October unfolds, crypto markets are still wrestling with the term 'Uptober' - for the uninitiated, "Uptober" is an amalgamation of “up” and “October”, describing the historical trend where Bitcoin, and often other major cryptocurrencies, witness a price surge in October. As Bitcoin kicks...

India to Push Crypto Regulation Talks at Final FMCBG Meet in Morocco


Finance ministers and central bank governors are all set to meet for the final time under India’s G20 presidency on October 12 and 13 in Marrakesh, Morocco.  The roadmap for crypto regulations is expected to be one of the major key agendas during the meeting. India will seek to ensure that...

South Korean Crypto Fraudster Jailed for 7 Years


A convicted South Korean crypto fraudster has been sentenced to seven years in prison. Per Newsis and Segye Ilbo, a division of the Suwon District Court sentenced an unnamed individual in their 30s to jail after hearing how they defrauded victims of some $2.2 million. The court heard that...

NFTs Can’t Catch a Break as Protracted Drop in Sales Continues


For the seventh week straight, non-fungible token (NFT) sales have slipped further. In the last week alone, NFT transactions totaled $66.11 million, marking an 11.65% decline from the previous week. NFT Sales Bleed Out: The Unrelenting Seven-Week Descent Although the broader crypto market...

The Rise and Retreat: Bitcoin’s Ordinal Inscription Wave Ebbs


Since September 25, 2023, the trend of Bitcoin-based Ordinal inscriptions has notably waned, hitting its most subdued levels since mid-April. On October 3 and 4, fewer than 17,000 inscriptions made their mark on Bitcoin’s distributed ledger, as both the volume of inscriptions and associated...

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