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Binance CoinMarketCap Index Series kicks off by tracking top 10 crypto

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Crypto exchange Binance announced it will launch its first index product, the Top 10 Equal-Weighted Index, to kick off its Binance CoinMarketCap (CMC) Index Series.

The Top 10 Equal-Weighted Index will monitor the performance of the industry’s top 10 cryptocurrencies by market capitalization, such as Bitcoin (BTC) and Ethereum (ETH). Binance indices will utilize pricing information from crypto price tracker CMC, of which the crypto exchange is the owner.

According to the announcement, the Equal-Weighted Index will be rebalanced monthly and is designed to help investors evaluate price and performance. The index products, beginning with the Top 10 Equal-Weighted Index, will be available to investors starting in November 2022 through Binance’s Auto-Invest service.

In the future, Binance says the community can expect more from the index series, which will encompass “more digital assets in a diverse set of products."

Binance CoinMarketCap Index Series kicks off by tracking top 10 crypto

Starting in November 2022, Binance’s Top 10 Equal-Weighted Index will be available to investors through Auto-Invest, to track the performance of the top 10 cryptocurrencies.

Three Aussie crypto funds halted as regulator cites non-compliance

Three funds tracking Bitcoin, Ethereum, and FileCoin have been issued interim stop orders by Australia’s market regulator due to "non-compliant" target market determinations.

Polkadot hits all-time high in development activity

It's been almost one year since the start of the ecosystem's signature parachain auctions.

Koreans to have access to blockchain-powered digital IDs by 2024

Under the plan, the blockchain-powered ID would be fully decentralized, meaning the government won't be able to see how or when the ID is being used.

Koreans to have access to blockchain-powered digital IDs by 2024

Under the plan, the blockchain-powered ID would be fully decentralized, meaning the government won't be able to see how or when the ID is being used.

Crypto Twitter split as another NFT platform moves to opt-in royalties

Despite the change to an optional royalties model, Magic Eden will still have full royalties set by default for all collections and listings.

Bankman-Fried '100%' supports knowledge tests for retail derivatives traders

The FTX founder said a knowledge test for derivative retail customers “could make sense” but it doesn’t need to be specific to crypto.

North Korea’s Lazarus behind years of crypto hacks in Japan: Police

According to the Japan Government, a common mode of attack for the Lazarus Group was phishing, who are believed to have focused more on crypto funds lately because they’re “managed more loosely.”

The CFTC's Ooki Dao action is a bad omen for American crypto developers

Decentralized autonomous organizations (DAOs) were supposed to be regulation-proof. Federal regulators now have targeted not just a DAO, but also its investors.

Blockchain gaming adoption means more options for gamers

Blockchain games are cropping up across various genres, giving games options for what they can play.

What is automated crypto trading and how does it work?

There are a lot of misconceptions about automated crypto trading. Some people think it’s some kind of magic, while others believe it’s a scam.

KYC to stake your ETH? It's probably coming to the US

It shouldn’t surprise anyone if regulators begin telling node validators to impose KYC and AML requirements on users staking Ether.

Bitcoin clings to $19K as trader promises capitulation 'will happen'

A dull weekend sees BTC price action erase any trace of the week's volatility as commentators wait for excitement to return.

Bitcoin clings to $19K as trader promises capitulation 'will happen'

Bitcoin BTC stayed rigidly tied to $19,000 into the Oct. 16 weekly close as analysts warned that volatility was long overdue.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Analyst: BTC volatility a "matter of time"

Data from Cointelegraph Markets Pro and TradingView captured a lackluster weekend for BTC/USD as the pair barely moved in out-of-hours trading.

After United States economic data sparked a series of characteristic fakeout events over the week, Bitcoin returned to its original position, and at the time of writing showed no signs of leaving its established range.

For Michaël van de Poppe, founder and CEO of trading platform Eight, if was a question of “not ‘if,’ but ‘when’” unpredictability would return to crypto.

“Matter of time until massive volatility is going to kick back into the markets, after four months of consolidation,” he told Twitter followers on the day.

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Bitcoin clings to $19K as trader promises capitulation ‘will happen‘

Bitcoin (BTC) stayed rigidly tied to $19,000 into the Oct. 16 weekly close as analysts warned that volatility was long overdue.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Analyst: BTC volatility a “matter of time"

Data from Cointelegraph Markets Pro and TradingView captured a lackluster weekend for BTC/USD as the pair barely moved in out-of-hours trading.

After United States economic data sparked a series of characteristic fakeout events over the week, Bitcoin returned to its original position, and at the time of writing showed no signs of leaving its established range.

For Michaël van de Poppe, founder and CEO of trading platform Eight, it was a question of not if, but when unpredictability would return to crypto.

“Matter of time until massive volatility is going to kick back into the markets, after four months of consolidation,” he told Twitter followers on the day, adding:

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What are the risks of the Ethereum Merge?

The mammoth task of merging Ethereum’s mainnet and Beacon Chain is finally complete, but what are the risks?

What are the risks of the Ethereum Merge?

The mammoth task of merging Ethereum’s mainnet and Beacon Chain is finally complete, but what are the risks?

India aims to develop crypto SOPs during G20 presidency, says finance minister

Sitharaman has previously called for global collaboration to decide on crypto's future and has been cautious against mainstream crypto adoption citing risks to financial stability.

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