Monthly Crypto News Roundup: Major Developments and Key Insights

By: Isha Das

• Mastercard's Bold Foray into Crypto: Mastercard steps up its cryptocurrency game with a potential acquisition of Zero Hash, positioning itself for stability in digital finance innovations.
• Crypto Market Hit by Trade Tensions: Bitcoin and Ethereum prices tumble due to unresolved US-China trade relations, with market liquidations exceeding $1.1 billion.
• Ethereum's Fusaka Upgrade on the Horizon: Expected this December, Ethereum's upcoming upgrade promises significant performance improvements, aiming at reduced transaction fees on Layer 2 solutions.
• Bitcoin's Unexpected Red October: Bitcoin closes in the red for the first time in seven years as sellers dominate the market, drawing parallels to 2018.
• Coinbase Outperforms in Volatile Market: Coinbase surpasses expectations with significant Q3 profits, underscoring its resilience amid digital asset market fluctuations.