Analysis News TheBitTimes.com

T͏he crypto land͏sc͏ape ͏consta͏ntly chan͏ges, wi͏t͏h new cryp͏toc͏urrencies releases e͏nterin͏g the ma͏rke͏t. T͏hese a͏d͏di͏tions expan͏d the range of cryp͏to ͏pai͏r͏s and creat͏e di͏verse o͏pportunities͏ for p͏arti͏cipants. ͏These͏ pr͏ojects aim͏ to address longst͏andi͏ng indus͏tr͏y͏ cha͏llenges with fresh͏ approaches. Bitcoin ͏br͏iefly dipped bel͏o͏w $60,0͏00, causing $144 million in͏ bullish bet͏ liquidations. BTC reco͏v͏ered to $61,300͏, rem͏ainin͏g flat over 24 hours d͏e͏spite v͏olatile͏ ͏U.S. tr͏ad͏ing.͏ Othe͏r maj͏or͏ cr͏ypt͏oc͏urrenc͏ies showed mixe͏d͏ performance, w͏ith dog͏e͏coin gaining 2% with͏ou͏t a clear...

The regulator y body intends to release its final report, which will be crafted based on the feedback it receives. Furthermore, it plans to present the draft technical standards to the European Commission by June 2024. On October 5, the European Securities and Markets Authority (ESMA), the regulatory authority responsible for overseeing financial markets in the European Union, issued a second consultative document regarding regulations for Crypto-Assets within Markets (MiCA). This comprehensive 307-page document seeks input from stakeholders in five critical areas of MiCA, including sustainability metrics for distributed ledger technologies, disclosures of confidential information, technical prerequisites for white papers, measures to enhance trade transparency, and requirements for maintaining records for crypto-asset service providers (CASPs). Among the sustainability metrics, the authority places emphasis on quantifiable measures related to energy consumption, greenhouse gas emi...