Chase Bank UK has recently announced that it will no longer accept payments related to crypto DeFi protocols. This decision has been met with criticism from crypto veteran investor and business magnate Brian Armstrong, who has advised UK crypto holders to close their Chase accounts. Coinbase and other top crypto exchanges have increased their global markets venture, giving UK crypto customers more power.Bitcoin (BTC) price has seen a small but important gain of about 2 percent, and the level of confidence from more investors who do not yet believe in Bitcoin’s movement has significantly increased. Altcoins have also seen a wave of growth, with Chainlink and Terra LUNA leading the way.Exchange-balance data provided through coin glass shows that Bitcoin balance on exchanges has slightly increased, but the supply of some altcoins has been observed to leave exchanges’ wallets.The crypto market is expected to attract FOMO traders who have been sitting on the sidelines through the ‘Uptober’ narrative hype, which is based on the statistics that October of the pre-halving year is bullish for Bitcoin. As a result, crypto analysts are beginning to have different opinions on the next major move for Bitcoin.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Europe |
| Countries | 🇬🇧 🇺🇸 |
| Sentiment | neutral |
| Relevance Score | 8 |
| People | FINRA, Rishi Sunak, Joe Biden, FAC, Brian Armstrong |
| Companies | FINRA, Coin Glass, Chase Bank UK, eToro, FAC, Coinbase |
| Currencies | Bitcoin, Ethereum, Terra Luna Classic, Chainlink, US Dollar |
| Securities | None |
