MoneyGram Launches Crypto Purchases On Mobile App – November 1

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $20,442

Bitcoin price continues to range within the $20,000s, as price action cools off in anticipation of the FOMC event this week.

Top-20 altcoins are somewhat stagnant over the last day of trading, with Ethereum moving less than 1%, BNB falling 1% and Dogecoin once again the leader with a 6% gain.

Top Stories for November 1, 2022 πŸ”₯

πŸ‘‰ MoneyGram Launches Crypto Purchases On Mobile App

Payments company MoneyGram now supports crypto purchases for US customers, enabling users to buy and sell Bitcoin, Ether and Litecoin.

The function was integrated via Coinme, a crypto exchange which MoneyGram invested in earlier this year. MoneyGram intends to expand its crypto selection with time.

πŸ‘‰ Trading Volumes On Crypto Exchanges Hit A 23-Month Low

World crypto exchange trading volumes have reached 23-month lows, reaching the lowest figures seen since December 2020.

Trading volume for the month of October was only $543 billion, down around 26% from September’s volumes. Part of this is likely due to the very low volatility of the crypto market over the last month or so.

πŸ‘‰ Coinbase Files To Assist Ripple Labs In SEC Case

Publicly-traded crypto exchange Coinbase has filed documentation requesting to help Ripple Labs in its court case against the Securities and Exchange Commission (SEC).

Coinbase has asked the judge for permission to file an amicus brief, which states that the SEC did not provide fair notice to Ripple Labs to advise them that their sale of XRP was illegal (as alleged by the SEC).