The United Kingdom’s Financial Conduct Authority has said it will not object to requests by recognised investment exchanges to launch crypto-backed exchange-traded notes. The exchange-traded notes will only be made available to professional investors such as regulated investment firms.
ETNs Must Adhere to UK Listing Requirements
The Financial Conduct Authority (FCA), the watchdog for the…
Donald Trump Calls BTC 'an Additional Form of Currency' — Says 'I Sometimes Will Let People Pay Through Bitcoin'
March 12, 2024
Former U.S. President Donald Trump says bitcoin is an “additional form of currency,” emphasizing that the crypto has taken on a life of its own. He also lets people pay for his merchandise with cryptocurrencies. “There has been a lot of use of that, and I’m not sure…
Solana Co-Founder Anatoly Yakovenko Thinks Crypto Has a Shot at Disrupting the App Store Duopoly
March 12, 2024
Anatoly Yakovenko, co-founder of Solana Labs, believes that crypto can have a shot at disrupting Google’s and Apple’s app store duopoly. He criticized the state of the software distribution on mobile devices, lamenting that the two stores collected over 30% of all…
Bitcoin Mega Whale Resurfaces, JPMorgan Expects BTC Price to Drop, Bitcoin Cash Soars 40%, and More
March 11, 2024
A significant bitcoin “mega whale” moved 3,000 vintage bitcoins from 2010 as BTC peaked at $69,210. JPMorgan predicted a post-halving drop in bitcoin’s price to $42,000, citing current euphoria levels. Meanwhile, bitcoin cash experienced a 40% surge in anticipation of its halving event and a major 2024 upgrade. Additionally, rumors circulated about a Qatari billionaire’s substantial…
Scott Melker, also known as the “Wolf of All Streets,” believes that we are at the start of a major bull run for both bitcoin and the broader crypto market. “We will likely see a huge bubble and that coins with no fundamental value will also skyrocket before it…
Performance of AI-Related Crypto Tokens Driven by News and ‘Memetic Speculation' — Coinbase – Altcoins Bitcoin News
March 11, 2024
Since the beginning of the last quarter of 2023, artificial intelligence (AI)-related crypto tokens have not only outperformed the top two crypto assets but have also outpaced key AI stocks such as Nvidia and Microsoft. According to a report by Coinbase, much of this…
Mogo Takes a Further Leap Into BTC, Eyes Long-Term Gains With $5M Bitcoin Reserve Investment – News Bitcoin News
March 8, 2024
In a statement released on March 7, the Canadian fintech entity Mogo disclosed its strategy to diversify its portfolio by investing in bitcoin and bitcoin exchange-traded funds (ETFs), earmarking an initial outlay of as much as $5 million.
Canadian Fintech Mogo Dives Deeper Into Bitcoin
The publicly traded Canadian enterprise Mogo (Nasdaq: MOGO) (TSX: MOGO) shared on Thursday its decision to…
In a landmark achievement for the cryptocurrency sector, Transak has become the first global on/off-ramp service to secure SOC 2 Type 2 compliance. The firm explained to Bitcoin.com News that the accomplishment underscores the company’s commitment to data security and…
On-Chain Analysis Reveals Tesla Has 11,509 Bitcoins and Spacex Owns 8,285 BTC, Says Arkham – Featured Bitcoin News
March 8, 2024
Crypto analytics firm Arkham claims to have identified the bitcoin holdings of Elon Musk’s companies, Tesla and Spacex. “The on-chain fund flows we’ve identified match financial statements from Tesla and Spacex,” the firm detailed, stating: “We are the first to…
US Judge Backs SEC: Trading of Certain Cryptocurrencies on Secondary Markets Are Securities Transactions
March 7, 2024
A U.S. district judge has sided with the Securities and Exchange Commission (SEC) in a ruling that declares the trading of certain crypto assets on secondary markets to be securities transactions. This decision emerged from an insider trading case involving crypto exchange Coinbase’s former product manager Ishan Wahi, his brother Nikhil Wahi, and their friend Sameer Ramani.
Former SEC Official…
