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Today in crypto, US-listed spot Bitcoin exchange-traded funds (ETFs) kicked off October with billions in inflows, a crypto executive predicted the Bitcoin price cycle will endure, and the United Kingdom’s Financial Conduct Authority (FCA) prepares to reverse its ban on crypto exchange-traded notes (…
The UK’s Financial Conduct Authority (FCA) is set to soon reverse a ban on crypto exchange-traded notes (ETNs) for retail investors enacted in 2019.According to an Aug. 1 notice, the UK watchdog will lift a ban on retail access to crypto ETNs starting on Wednesday, provided they are traded on an “FC…
Stablecoin payments firm RedotPay said it joined the ranks of fintech unicorns after securing a $47 million strategic investment round. The raise saw participation from Coinbase Ventures, with continued backing from Galaxy Ventures and Vertex Ventures, and support from a global tech entrepreneur who…
Opinion by: Maksym Sakharov, group CEO at WeFiThe crypto industry has been focused on the same markets: the United States and the European Union. The conversation has mainly concerned regulatory clarity, speculative gains and institutional access, whether Silicon Valley’s venture capital firms or Wa…
The Securities and Exchange Commission (SEC) and Gemini Trust have reached an agreement to resolve a lawsuit over the cryptocurrency exchange's Gemini Earn lending program that froze $900 million in customer funds.SEC, Gemini Near Settlement in $900 Million Crypto Lending CaseAttorneys for both part…
By Dow Jones Newswires StaffStock markets were mixed early on Tuesday ahead of the Federal Reserve's two-day meeting, with markets pricing in a 97% chance of a 25 basis-point rate cut on Wednesday and 3% odds of a 50 basis-point reduction, according to LSEG data. Markets will closely watch Fed Chair…
The London Stock Exchange (LSEG) has completed its first blockchain-powered transaction, marking the launch of its new digital markets platform. According to the exchange’s announcement on Monday, asset manager MembersCap used the system to raise money for its latest private fund.A First for Global …
Coinbase plans to add tokenised real-world assets, stocks, derivatives, prediction markets, and early-stage token sales to its platform in the coming months, aiming to position itself as an “everything exchange.”Making of a US Super App?As reported by CNBC yesterday (Thursday), the American crypto e…
London-based artificial intelligence firm Satsuma Technology raised 100 million British pounds ($135 million) for its new Bitcoin treasury, setting a national record for BTC treasury raises.According to a Thursday announcement, Satsuma Technology said it “has successfully closed the book on the rais…
London-based international banking group Standard Chartered launched a U.S. dollar-paired bitcoin and ether spot trading service on Tuesday for institutional clients, including corporates, investors, and asset managers.This makes Standard Chartered the "first global systemically important bank to of…
As geopolitical developments continue to impact global markets, the cryptocurrency space remains highly reactive. Earlier this week, Bitcoin (BTC) dipped below the $100,000 mark amid heightened tensions in the Middle East. However, with tensions easing, market optimism rebounded swiftly, propelling …
FalconX, a digital asset prime brokerage that says it has executed over $1.5 trillion in trading volume, has joined Crypto.com, Galaxy, Wintermute and others as a launch partner for Lynq, a platform that aims to be a settlement layer for digital asset and financial institutions. The launch of Lynq c…