UK FCA proposes 10% cap for funds investing in crypto ETNs
The UK’s Financial Conduct Authority (FCA) has proposed allowing authorized investment funds to allocate up to 10% of their assets to crypto exchange-traded
Crypto News
Crypto News
Asset Manager Strive Adds 32 BTC to Treasury in $2.04 Million Purchase
Asset manager Strive, a firm known for its Bitcoin acquisition strategy, has added 32 BTC to its corporate treasury. According to a filing
Crypto News
Bitcoin’s Slide: Bitfinex Points to ETF Outflows, Deleveraging, and Rate Fears
Bitcoin’s recent price decline is not the result of a single trigger but a convergence of pressures, according to a new report from
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Labour Demands Answers From Farage Over £5M Crypto Donation
The UK’s Labour Party has escalated pressure on Reform UK leader Nigel Farage, demanding a full explanation for a £5 million (approximately $6.7
Crypto News
Iran Declares End of Military Operations Against Israel, Issues Warning Over Lebanon
Iran’s military has officially announced the conclusion of its military operations against Israel, according to a report from Iran’s semi-official Fars News Agency.
Crypto News
Bitcoin Mirrors 2022 Bear Market, Analyst Says Full Reversal Could Take Months
A senior market analyst has drawn a direct comparison between the current Bitcoin (BTC) market and the depths of the 2022 bear market,
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Whale Sells 9,781 ETH for $15.9M, Piles Into AAVE
An anonymous cryptocurrency whale has executed a significant portfolio shift, selling 9,781 Ethereum (ETH) at an average price of $1,663 and using the
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Upbit to Halt SWELL Deposits and Withdrawals Ahead of Network Transition
South Korea’s leading cryptocurrency exchange, Upbit, has announced a temporary suspension of deposits and withdrawals for Swell Network’s native token, SWELL. The halt
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Bernstein: Bitcoin’s Store-of-Value Case Unshaken by $2.6 Billion ETF Outflow
Despite a significant $2.6 billion in net outflows from spot Bitcoin exchange-traded funds (ETFs) this year, Bernstein analysts argue that Bitcoin’s long-term appeal
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Russia to Restrict Retail Crypto Purchases to Bitcoin, Ethereum, and USDT Starting July 1
The Central Bank of Russia has confirmed that beginning July 1, it will restrict the cryptocurrencies available to general retail investors to only
