Welcome readers, and thanks for subscribing! The Altcoin Roundup newsletter is now authored by Cointelegraph’s resident newsletter writer Big Smokey. In the next few weeks, this newsletter will be renamed Crypto Market Musings, a weekly newsletter that provides ahead-of-the-curve analysis and tracks emerging trends in the crypto market. The publication…

Bitcoin (BTC) climbed back to $20,500 at the Oct. 28 Wall Street open as United States equities sought a stronger finish to the week. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bets that $20,000 will fail as support increase Data from Cointelegraph Markets Pro and TradingView showed BTC/USD capitalizing on…

Investment management firm Wisdom Tree reported a 36% decline in its crypto holdings, which slid to $178 million at the end of the third quarter. In an earnings report filed with the SEC on Oct. 28, Wisdom Tree said its total asset under management fell 4.6% to $70.9 billion, while…

Key Takeaways The U.S. government is taking an increasingly aggressive stance towards crypto regulation. Some of crypto’s strongest allies at Congress are up for reelection this year. Crypto Briefing took a close look at five of the most important races in terms of their potential impact on the industry. Share…

The government of Moldova has decided to suspend crypto mining activities in the country as it’s facing a major energy crisis. The move is part of emergency measures to reduce power consumption with energy supplies dwindling due to the escalating conflict in neighboring Ukraine. Authorities in Moldova Prohibit Bitcoin Minting…

DeFi protocol deBridge is set to launch DeSwap Liquidity Network (DLN), allowing users to complete cross-chain transfers without all the associated risks of using a bridge network, according to a press statement shared with CryptoSlate. According to the press release, the DLN architecture enables limitless cross-chain value transfer with zero…

Is the International Monetary Fund (IMF) really hostile to crypto? Many in the cryptocurrency and blockchain space think so. In January, the fund asked El Salvador to drop Bitcoin (BTC) as legal tender. In May, it reportedly pressured Argentina to curtail crypto trading as the price for an IMF loan…

A district judge has ordered a bitcoin Ponzi operator to be arrested and imprisoned after he ignored multiple court orders and failed to pay the U.S. Securities and Exchange Commission (SEC) $40 million. He pleaded guilty to securities fraud in 2015. Bitcoin Ponzi Operator Faces Imprisonment After Failing to Pay…

Key Takeaways Ethereum’s Layer 2 networks have cumulatively surpassed $5 billion in total value locked. Optimistic Rollup solutions Arbitrum One and Optimism account for over 80% of the locked value. zkSync, which is set to launch its mainnet 2.0 on Friday, has also seen its total value locked increase 19%…