XRP is leading the rebound with a 27% increase in the past week.
The positive sentiment comes as the UK appoints Emma Reynolds as the new Economic Secretary for crypto and CBDCs.
Positive fundamental developments in the UK and the US seem to have boosted the prices of the three top cryptocurrencies: Bitcoin, Ether, and XRP. The three tokens have rebounded in the daily and weekly
charts, with XRP leading the resurgence.
In the UK, a new Economic secretary has been appointed to oversee digital assets, while in the US, plans are underway to refund thousands of Bitcoins stolen in the 2016 crypto hack on Bitfinex.
At the time of publication, Bitcoin was trading at
$99,235, representing a 2% and 5% increase in the past day and week,
respectively. Data from CoinMarketCap also shows that Ether is up 4% (3% in the
past week), while XRP has added 9% in the daily chart and a substantial 27% in
the weekly chart.
Bitcoin, Ethereum, XRP, Source: CoinMarketCap
Bitcoin ETFs
Despite these gains, cumulative trading volume for
Bitcoin ETFs fell to $2.23 billion, down sharply from more than $3 billion the
day before, according to data from sosovalue.com. The outflows come despite
broader market optimism fueled by cooling inflation.
A report from the Bureau of Labor Statistics revealed
wholesale inflation rose only 0.2% in December, below economist expectations,
contributing to a 1.3% rise in the total crypto market cap to $3.53 trillion.
The inflows, while modest, suggest growing confidence
in Ethereum’s trajectory. Industry analysts are now watching to see whether
this trend continues amid evolving market dynamics.
UK Appoints New Economic Secretary
Emma Reynolds was appointed as the new
Economic Secretary to oversee digital assets and central bank digital
currencies (CBDCs). Reynolds, formerly a managing director at TheCityUK
trade body, replaces Tulip Siddiq, who resigned following a scandal involving
ties to Bangladesh.
Siddiq had set out the UK’s crypto agenda, committing
to a regulatory framework similar to the European Union’s. Reynolds now
inherits this ambitious roadmap, tasked with balancing innovation with
regulation.
So far, the Financial Conduct Authority has laid
out plans for a comprehensive crypto regime, but it remains to be seen how
Reynolds will approach these policies. As Bitcoin ETFs face mounting outflows and Ether funds
hint at recovery, the UK’s renewed focus on crypto regulation under new
leadership could shape the market’s future.
Positive fundamental developments in the UK and the US seem to have boosted the prices of the three top cryptocurrencies: Bitcoin, Ether, and XRP. The three tokens have rebounded in the daily and weekly
charts, with XRP leading the resurgence.
In the UK, a new Economic secretary has been appointed to oversee digital assets, while in the US, plans are underway to refund thousands of Bitcoins stolen in the 2016 crypto hack on Bitfinex.
At the time of publication, Bitcoin was trading at
$99,235, representing a 2% and 5% increase in the past day and week,
respectively. Data from CoinMarketCap also shows that Ether is up 4% (3% in the
past week), while XRP has added 9% in the daily chart and a substantial 27% in
the weekly chart.
Bitcoin, Ethereum, XRP, Source: CoinMarketCap
Bitcoin ETFs
Despite these gains, cumulative trading volume for
Bitcoin ETFs fell to $2.23 billion, down sharply from more than $3 billion the
day before, according to data from sosovalue.com. The outflows come despite
broader market optimism fueled by cooling inflation.
A report from the Bureau of Labor Statistics revealed
wholesale inflation rose only 0.2% in December, below economist expectations,
contributing to a 1.3% rise in the total crypto market cap to $3.53 trillion.
The inflows, while modest, suggest growing confidence
in Ethereum’s trajectory. Industry analysts are now watching to see whether
this trend continues amid evolving market dynamics.
UK Appoints New Economic Secretary
Emma Reynolds was appointed as the new
Economic Secretary to oversee digital assets and central bank digital
currencies (CBDCs). Reynolds, formerly a managing director at TheCityUK
trade body, replaces Tulip Siddiq, who resigned following a scandal involving
ties to Bangladesh.
Siddiq had set out the UK’s crypto agenda, committing
to a regulatory framework similar to the European Union’s. Reynolds now
inherits this ambitious roadmap, tasked with balancing innovation with
regulation.
So far, the Financial Conduct Authority has laid
out plans for a comprehensive crypto regime, but it remains to be seen how
Reynolds will approach these policies. As Bitcoin ETFs face mounting outflows and Ether funds
hint at recovery, the UK’s renewed focus on crypto regulation under new
leadership could shape the market’s future.
Jared Kirui is an Editor at Finance Magnates with more than five years of experience in financial journalism. He covers online trading, fintech, payments, and crypto industries with a focus on companies, regulation and compliance, executive moves, trading technology, and market analysis.
His work has been featured in other media outlets, including Benzinga, ZyCrypto, The Distributed, and The Daily Hodl.
Education:
Bachelor of Commerce degree (Finance option), University of Nairobi
Clarity Without Complacency: Why the SEC-CFTC Framework Is a Start, Not a Finish Line
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
