UK crypto advocates call for consistent policy after Labour landslide

Greg King, CEO of Bitcoin trust issuer Osprey Funds, thinks the U.S. SEC has too many things on its plate this year to get to the issue of crypto ETF approvals. 134 Total views 2 Total shares The CEO of Osprey Funds — the issuer of over-the-counter Bitcoin trust OBTC —isn’t holding his breath for a…

Bitcoin (BTC) failed to reclaim $8,500 on Nov. 18 as market sentiment continued trending downwards over the weekend.Cryptocurrency market daily overview. Source: Coin360Bitcoin hovers at decisive $8,400 levelData from Coin360 showed BTC/USD attempting to crack the $8,500 level on Monday, only to see rejection after falling from $8,600 late on Sunday. At press time, the pair…

Bitcoin is likely to reach $1 million quickly due to a "torrent of money" coming from institutional investors in 2024, according to the JAN3 CEO. Bitcoin (BTC) is likely to reach $1 million in the "days to weeks" following the approval of a spot BTC exchange-traded fund (ETF), according to JAN3 CEO Samson Mow. “You're hitting

Potential plaintiffs in the new lawsuit by ENF may need to opt out of other suits against Block.one to be eligible to participate. 238 Total views 4 Total shares The EOS Network Foundation (ENF) is the latest entity to initiate legal action against major investor Block.one (B1) over failure to honor $1 billion investment commitments.On…

Japanese Ministry of Finance is hiring more staff to develop stricter global rules for digital currencies, particularly fiat-pegged stablecoins. 771 Total views 4 Total shares Japan is strengthening its efforts to regulate digital currencies on a global scale, with related government authorities reportedly looking to expand staff to impose stricter rules.Japanese regulators have expressed fresh…

On May 30, Tezos implemented the amendment Athens A, as the result of a voting process that involved its baker nodes (the Tezos equivalent of “miners”) from Feb. 28 to May 30.Although the actual relevance of the upgrade was quite small (see below), the Tezos community underlines that the test was a milestone. The smooth…

The stagnation of the cryptocurrency market has put Bitcoin’s (BTC) price at risk of further decline, as it struggles to recover beyond key resistance levels. A descending price increases the probability of the so-called “miner capitulation” occuring, which is said to have triggered the major BTC drop in December 2018.Late last year, the Bitcoin price…

Synthetix (SNX) prices reached a one-month high on Monday as traders looked for alternative upside bets against a mixed cryptocurrency market.Bids for SNX/USD achieved an intraday high of $13.76 during the Asia-Pacific trading session, following an approximately 25% price rally that started Sunday. A flurry of technical and fundamental factors contributed to the sudden market…