DoJ To Assemble “National Cryptocurrency Enforcement Team” – October 7

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $54,284

Bitcoin price has continued to rise over the last day of trading, currently holding above $54,000 to begin Friday.

Top-20 altcoins are also doing well, as Ethereum rises 5%, Cardano rises 8% and Shiba Inu shoots up another 45%.

Top Stories for October 7, 2021 πŸ”₯

πŸ‘‰ DoJ To Assemble “National Cryptocurrency Enforcement Team”

The US Department of Justice has unveiled plans to establish a “National Cryptocurrency Enforcement Team”, which will target money laundering and cyber crime.

Plans for the initiative were announced at the Aspen Cyber Summit, with Deputy Attorney General Lisa Monaco stating it seeks to “dismantle the financeable ecosystem” that enables criminals to profit.

πŸ‘‰ BTC Options Show Bullish Sentiment On All Time Frames

Bitcoin options markets are currently leaning bullish on all time-frames, showing clear optimism for outlook on BTC price.

One-week, one-month, three-month and six-month put-call “skews” are currently below zero, showing that traders are consistently willing to pay more for bets on Bitcoin price to increase than to decrease.

πŸ‘‰ MoneyGram Partners With Stellar For USDC Settlement

Remittances company MoneyGram has partnered with the Stellar Development Foundation to allow customers to fund and withdraw from accounts using USDC Coin (USDC).

An announcement from the company states that they have integrated support for Stellar cryptocurrency wallets, which will now connect to MoneyGram’s global retail platform.