Crypto insiders anxious and divided as spot Ether ETF decision date looms
Currently, betting markets indicate a 61% chance of U.S. spot Ether ETF approval, up from less than 11% just a few days ago.
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Enforcement and adoption: What do UK’s recent regulatory aims for crypto mean?
In April, the United Kingdom’s Economic and Finance Ministry, also known as Her Majesty’s Treasury, announced its intention to put the United Kingdom at the forefront of technology by bringing stablecoins under the country’s payments regulation — a bold move that looks especially intriguing in contrast to the recent shock, caused by TerraUSD’s (UST) depegging.…
Coinbase Launches International Cryptocurrency Custody Arm
Major United States-based cryptocurrency exchange Coinbase has established an entity in Ireland to expand its crypto custody services to European institutions.According to a Coinbase announcement published on Jan. 30, the new entity is called Coinbase Custody International and is based out of Dublin.The firm’s services will be the same as those provided by Coinbase Custody…
XRP ruling a ‘watershed moment’ but we’re not out of the woods yet — Lawyers
Ripple Labs’ split-decision victory against the United States securities regulator is being seen as a significant blow to the regulator’s “war on crypto,” however, crypto lawyers warn it isn't a definitive victory for the industry or the firm yIn a landmark ruling on July 13, Judge Torres determined that XRP (XRP) is not a security…
Crypto Lending Company BlockFi Launches Crypto Accounts With Bitcoin, Ethereum Support
Crypto wealth management and lending company BlockFi has launched new cryptocurrency accounts supporting Ethereum (ETH) and Bitcoin (BTC) bearing 6 percent annual interest paid monthly in crypto. The company announced the launch through a post published on its website on March 4.In July last year, crypto-focused merchant bank Galaxy Digital led a $52.5 million fundraising…
Bitcoin holds $50K as analyst says weekly timeframes confirm bull market remains intact
There's no reason to discount the Bitcoin bull run yet, longer-term price data shows, but faith in an end-of-year rebound is thin. 287 Total views 41 Total shares Bitcoin (BTC) retained $50,000 as support overnight into Dec. 8 amid confidence that the 2021 bull market was not yet over. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewSilver…
Circle CEO: No One in the World Is Any Closer to CBDCs Than China
China has the most progressive approach to central bank digital currencies (CBDCs) to date, according to Circle CEO Jeremy Allaire.The only global bank to really care Allaire said that China’s central bank has the most advanced thinking about CBDCs in an interview aired on Phoenix Chinese News on Sept. 9.According to Allaire, the People's Bank of…
Bear Cross on Key Indicator Could Push Bitcoin Price to $7,300
At the moment, not too much is happening with Bitcoin’s (BTC) price action. The price continues to drop and a series of lower highs occur even as bullish news hits the press week after week. The news of Bakkt Bitcoin futures trading volume increasing by 796% failed to positively impact Bitcoin price and Fidelity Investments’…
BTC price rally in doubt? Bitcoin young supply echoes 2022 bear market
Bitcoin on-chain transaction data shows "uncertain" conditions prevailing, research says, warning that Q2 is not likely to match BTC price gains from earlier in 2023. 392 Total views 3 Total shares Bitcoin (BTC) traders are displaying behavior similar to the 2022 bear market bottom as “uncertain” sentiment rules, new research argues.In one of its Quicktake