Since January 2020, almost three hundred crypto companies have applied for registration with the principal financial regulator of the United Kingdom, the Financial Conduct Authority (FCA). Only 13% of them successfully obtainedRead More…
Bitcoin Spot ETF Approval Could Help Power up a New Crypto Cycle: Bernstein
Crypto exchange-traded-funds (ETFs) add capital to the market not just by creating demand in the spot market, but the market signal of regulatory approval of these products produces a growth flywheel forRead More…
Curve Finance vows to reimburse users after $62 million hack
Curve Finance, a decentralized finance (DeFi) platform for lending stablecoins, has officially stated its intention to reimburse users who were impacted by the recent breach resulting in a $62 million loss fromRead More…
Shiba Inu Open Interest Tops $100M, Raises Red Flag For Bitcoin
The pattern is consistent with traditional markets where outsized gains in meme stocks relative to defensive plays are seen as a contrary indicator for the broader market. Bitcoin, the leading cryptocurrency byRead More…
Bitcoin Traders Should Watch Wider Inflation Metrics And Not Just CPI
“Stagflation is the worst possible scenario for risk assets, particularly for stocks,” Acheson said, adding that compared to equities, the downside in bitcoin appears limited, considering current low participation from macro investors,Read More…
France updates its crypto licensing regime to synchronize with MiCA
In France, amendments to the existing crypto regime will come into effect in next year to align national regulations with the pan-European framework, set by Markets in Crypto Assets act (MiCA). TheRead More…
Rising Dormant Bitcoin Numbers Suggest Holding Is a Preferred Investment Strategy
“This inherent scarcity, juxtaposed with a burgeoning demand, has the potential to drive prices upward,” the analysts said. “The unwavering faith in Bitcoin paints a bullish picture for the cryptocurrency’s future. OnlyRead More…
Brazilian CBDC gets official name and logo
The Brazilian central bank digital currency (CBDC), previously commonly referred to as the “digital real,” has been given its official brand name: the Drex. On Aug. 7, the Central Bank of BrazilRead More…
Bitcoin price can go ‘full bull’ next month if 200-week trendline stays
Bitcoin (BTC) is preparing a “full bull” BTC price phase in classic style, market cyclist Cole Garner believes. In social media analysis on Aug. 6, the popular on-chain analyst said that majorRead More…
NFT Trading Is Ice Cold But Developers Are Still Hot for Web3
What: CryptoPunks, one of the earliest NFT projects on Ethereum and also one of the most popular collections of all time, experienced a number of high-profile trades this week, including one fromRead More…