Today’s Top Crypto News, Wednesday October 26th

Today’s Top Crypto News, Wednesday October 26th

•Bitcoin, Ethereum Rally Liquidates Over $1 Billion in Trades Overnight– Decrypt

“As Bitcoin eyes a possible breakout above $21,000, the broader crypto market’s liquidations over the past day topped a massive $1 billion.”

•UK Lawmakers Vote to Recognize Crypto as Regulated Financial Instruments – CoinDesk

“The lower house of the Parliament voted in favor of adding crypto to the scope of activities to be regulated via the proposed Financial Services and Markets Bill – which already seeks to extend payments rules to stablecoins.”

•BitPay to introduce USDC and ETH payments on Polygon network – CoinTelegraph

“Polygon-bridged cryptocurrencies like Ether, USDC, Dai and Wrapped Bitcoin are coming to BitPay later this week.”