# News - 17/10/2021

**URL:** <https://discourse.causevest.io/t/news-17-10-2021/375>\
**Category:** General Crypto News\
**Created:** [October 17, 2022, 10:28am UTC](https://discourse.causevest.io/t/news-17-10-2021/375 "2022-10-17T10:28:45Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![vardhan](https://discourse.causevest.io/user_avatar/discourse.causevest.io/vardhan/32/472_2.png) [@vardhan](https://discourse.causevest.io/u/vardhan)\
**Post date:** [October 17, 2022, 10:28am UTC](https://discourse.causevest.io/t/news-17-10-2021/375/1 "2022-10-17T10:28:45Z")

</div>

TODAY’S PRICES (AT 11:30 UK TIME)

1. 1 XCV = $0.006948
2. 1 BTC = $19,400
3. 1 ETH = $1,321

TODAY’S NEWS  
1.

> **[Ethereum whales dump over $4 billion of ETH in five weeks pushing price 25%...](https://cryptopanic.com/news/16626697/Ethereum-whales-dump-over-4-billion-of-ETH-in-five-weeks-pushing-price-25-lower)**
>
> As the majority of the cryptocurrency sector continues to move in a bearish pattern, its second-largest asset by market capitalization... Continue reading

2.

> **[High-net-worth investors prefer direct crypto investments over cryptocurrency...](https://cryptopanic.com/news/16625330/High-net-worth-investors-prefer-direct-crypto-investments-over-cryptocurrency-ETFs-data-shows)**
>
> Larger financial institutions like Fidelity and Charles Schwab (NYSE: SCHW) are gradually warming around to cryptocurrencies, and as a result,... Continue reading

3.

> **[Regulation Is Coming And Bitcoin Will Benefit](https://cryptopanic.com/news/16622360/Regulation-Is-Coming-And-Bitcoin-Will-Benefit)**
>
> CFTC and SEC regulation for bitcoin is inevitable. While some people are against it, regulatory clarity will help bitcoin adoption and boost the price.

4.

> **[Bitcoin Holds Steady Despite US CPI Data Spooking Investors — Is A Crash To...](https://cryptopanic.com/news/16621856/Bitcoin-Holds-Steady-Despite-US-CPI-Data-Spooking-Investors-Is-A-Crash-To-12000-In-The-Offing)**
>
> After staying flat for most of the week, Bitcoin plunged by about 7% to $18,200 on Thursday following a hotter-than-expected Consumer Price Index (CPI). However, the price managed to chalk up a dramatic...

5.

> **[Man Faces 25 Years Behind Bars for Illegally Converting Bitcoin (BTC) to US...](https://cryptopanic.com/news/16621658/Man-Faces-25-Years-Behind-Bars-for-Illegally-Converting-Bitcoin-BTC-to-US-Dollars-in-Money-Laundering-Scheme)**
>
> A man from New York is facing 25 years in prison after being convicted of running an unlicensed money transmitting business as part of a scheme to launder Bitcoin (BTC). According to a new press release from the U.S. Department of Justice (DOJ), a...

6.

> **[Cardano founder urges regulatory regime to appreciate the liberty crypto...](https://cryptopanic.com/news/16621645/Cardano-founder-urges-regulatory-regime-to-appreciate-the-liberty-crypto-provides-to-people)**
>
> Charles Hoskinson, the co-founder of the decentralized finance (DeFi) platform Cardano (ADA), has delved into the crypto regulation debate sharing... Continue reading

7.

> **[Ripple CEO on SEC’s Lawsuit: ‘My Outrage Has Grown As the Litigation Has...](https://cryptopanic.com/news/16621469/Ripple-CEO-on-SECs-Lawsuit-My-Outrage-Has-Grown-As-the-Litigation-Has-Unfolded)**
>
> On Saturday (October 15), Ripple Labs CEO Brad Garlinghouse expressed how he feels about the U.S. SEC’s ongoing lawsuit against his firm. As you may remember, on 22 December 2020, the SEC announced that it had “filed an action against Ripple Labs...

8.

> **[Ex-Morgan Stanley CEO admits crypto could be ‘a huge way’ powering monetary...](https://cryptopanic.com/news/16620857/Ex-Morgan-Stanley-CEO-admits-crypto-could-be-a-huge-way-powering-monetary-transactions)**
>
> As the cryptocurrency sector matures, there remains uncertainties regarding how the industry will evolve and integrate into the traditional financial... Continue reading

9.

> **[MetaMask Allows Users to Buy Cryptocurrencies Using Bank Transfers](https://cryptopanic.com/news/16619424/MetaMask-Allows-Users-to-Buy-Cryptocurrencies-Using-Bank-Transfers)**
>
> MetaMask has added an additional feature to its popular wallet. Users in the United States will now be able to buy virtual currencies using their bank accounts. This \[…\]

10.

> **[Meet The Catholic Nuns Who Are Building A New Church With Bitcoin](https://cryptopanic.com/news/16616838/Meet-The-Catholic-Nuns-Who-Are-Building-A-New-Church-With-Bitcoin)**
>
> By adopting bitcoin, the Benedictines of Mary, Queen of Apostles from Kansas City were able to build their church and focus on preserving Catholic traditions.