The recent amendment introduced by the UK Treasury to the Financial Services and Markets Act 2000 (FSMA) represents a significant regulatory evolution in the realm of cryptocurrency. Effective from January 31, this change specifically excludes crypto staking from being classified as a collective investment scheme. Such a distinction is crucial, as it permits entities engaged
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Ethereum, the second-largest cryptocurrency by market capitalization, has recently been grappling with significant volatility that has left investors on edge. Following a steep 14% price drop within a span of just two days, many in the crypto community are expressing heightened concerns over the altcoin’s performance. This downturn follows a broader selloff that commenced earlier
In the volatile world of cryptocurrency, Bitcoin has recently experienced a significant decline, dropping to a low of $92,508 on January 8, after reaching a peak of $102,357 just days prior. This abrupt nearly 10% fall can be attributed to various economic indicators, most notably the surge in U.S. Treasury yields following strong economic data
In the ever-evolving cryptocurrency landscape, Ethereum’s position as a frontrunner hangs in a delicate balance, influenced by technological upgrades, regulatory changes, and market dynamics. Dr. Sean Dawson, the Head of Research at the DeFi protocol Derive, has recently shared a bullish forecast for Ethereum, projecting that its price could soar as high as $12,000 before
The cryptocurrency market has recently experienced a wave of volatility that has left many investors in a state of uncertainty. This follows Bitcoin’s notable price decline, which saw it crash below the $100,000 threshold. As a leading indicator in the crypto space, Bitcoin’s movements are closely monitored, and the recent crash has prompted significant concern
The world of cryptocurrency has always been characterized by its erratic movements and unpredictable trends, but Bitcoin’s recent price swings have introduced a new level of uncertainty. Once surging towards an impressive high of nearly $107,000, Bitcoin has recently tumbled to around $94,550. This rapid decline has raised crucial concerns among investors regarding the future
As the cryptocurrency landscape continues to evolve rapidly, Ripple Labs has positioned itself to take advantage of transformative shifts in regulatory frameworks and market dynamics. The recent dinner meeting between CEO Brad Garlinghouse, Chief Legal Officer Stuart Alderoty, and former President Donald Trump at his Mar-a-Lago estate holds the potential for monumental changes. This article
Cardano (ADA) has witnessed a significant decline, marked by three consecutive days of falling prices. Currently, the cryptocurrency is trading at around $0.90, positioning it at its lowest since the beginning of January and reflecting a staggering 33% drop from its peak for the year. This bearish phase has raised concerns amongst investors, particularly as
The cryptocurrency landscape has recently been turbulent, with Bitcoin suffering a significant decline of nearly 9% within just 48 hours. This downturn has not spared many altcoins, including Cardano’s ADA, which has seen its value plunge by 20% since early January. Currently, ADA is trading around $0.91, with its market capitalization shrinking to below $35
The rise of decentralized platforms has sparked significant interest and debate, yet few have gathered as much controversy as Polymarket. This decentralized prediction market has come under intense scrutiny over its recent decision to allow betting on tragic events, specifically the devastating wildfires in California. Regulatory bodies and the public are questioning the ethics of