crypto
Kraken Gains MiFID License Through CySEC Approved Cypriot Firm Purchase
- The license allows the firm to offer regulated crypto derivatives to advanced traders in selected EU markets.
- In 2019, the company acquired Crypto Facilities, a UK FCA-regulated crypto futures platform.
Monday, 03/02/2025 | 14:35 GMT by
Tareq Sikder
DeepSeek Faces Italy Ban over Data Privacy as Crypto Traders Watch 2025 Forecasts
- The decision follows similar probes by regulators in Ireland and France into DeepSeek’s practices.
- Despite the ban, some Italian users report the chatbot remains accessible via downloaded apps and the web.
Monday, 03/02/2025 | 12:57 GMT by
Tareq Sikder
Why Is Bitcoin Going Down? BTC Price Tests 3-Week Low amid Strong Dollar, Weak Wall Street
- Bitcoin drops 14% to $91,281 as Trump announces 25% tariffs on Canada and Mexico.
- Altcoins face a severe bloodbath, with ETH down 20% and XRP 30%, triggering mass liquidations.
- However, technical analysis shows strong BTC support at $92K, with potential recovery signals.
Monday, 03/02/2025 | 08:51 GMT by
Damian Chmiel
ECB President Dismisses Bitcoin as EU Reserve amid CNB's $7B Proposal
- Christine Lagarde reaffirms Bitcoin doesn't meet the ECB’s reserve criteria of liquidity, security, and stability.
- The CNB board approved a proposal for reserve diversification, with Bitcoin as an option.
Friday, 31/01/2025 | 15:49 GMT by
Tareq Sikder
Wall Street Bitcoin Miner Bitfarms Hires Consultants to Evaluate AI and HPC
- The firm runs 12 Bitcoin mining centres, with two more being developed in four countries.
- The company relies on hydroelectric power and long-term energy contracts for its operations.
Friday, 31/01/2025 | 13:04 GMT by
Tareq Sikder
SEC Clears Bitwise Bitcoin-Ethereum ETF, Awaiting S-1 Clearance for Trading
- Bitwise’s 19B-4 filing has been approved for its Bitcoin-Ethereum ETF, holding assets allocated by market capitalization.
- Multiple crypto firms, including VanEck and ProShares, have submitted ETF filings for XRP, Solana, and Litecoin.
Friday, 31/01/2025 | 10:50 GMT by
Tareq Sikder
easyMarkets Q4 2024: Crypto Trading Volumes Triple as Bitcoin and Nasdaq100 Lead
- Gold and the Nasdaq100 provided stability amid economic uncertainty and strong tech performance.
- Recently, easyMarkets renewed partnership with Real Madrid and secured FSCA license in South Africa.
Thursday, 30/01/2025 | 15:33 GMT by
Tareq Sikder
Ripple Lawsuit Could Be Key Topic in SEC’s Closed-Door Meeting as XRPUSD Consolidates
- The SEC filed an appeal-related brief on January 15, just before Chair Gensler’s departure.
- Paul Atkins’ SEC Chair nomination raises questions on market-driven crypto regulation.
Thursday, 30/01/2025 | 10:40 GMT by
Tareq Sikder
BTCUSD Eyes Breakout: CNB Weighs $7B Bitcoin Purchase While China Offloads $20B
- The Czech National Bank is considering Bitcoin as a reserve asset, with a decision due on January 30.
- Institutional buyers, including BlackRock, have continued to accumulate Bitcoin, with a $600 million purchase.
Wednesday, 29/01/2025 | 10:45 GMT by
Tareq Sikder
Why Is Crypto Going Down? Fake DeepSeek Tokens Affect Thousands of Traders
- Unauthorized DeepSeek tokens hit a $48M market cap before crashing.
- Bitcoin drops below $100K as DeepSeek's AI disruption spooks tech stocks and crypto markets.
- The Chinese startup's cost-effective AI models threaten Silicon Valley, causing market-wide tech and crypto selloffs.
Wednesday, 29/01/2025 | 08:07 GMT by
Damian Chmiel
DeepSeek AI Predicts XRP to Reach $5 and Bitcoin to Hit $500K in 2025
- Bitcoin's 2025 price is forecasted to range between $100K and $500K, depending on market conditions and adoption.
- The AI projects a 70% chance of Ripple winning its SEC case, a key factor for XRP's future.
Tuesday, 28/01/2025 | 10:10 GMT by
Tareq Sikder
Exclusive: XTB Plans to Launch Spot Cryptocurrencies, Seeking Head of Digital Assets
- XTB is looking for someone to "build a complete technical setup for cryptocurrency trading."
- The company's Head of Trading, Kaczmarzyk, confirmed to Finance Magnates that spot crypto trading is under review.
Tuesday, 28/01/2025 | 09:25 GMT by
Damian Chmiel
75% Higher Crypto Ownership Linked to Financial Literacy Bias, Study Finds
- Cryptocurrencies need knowledge of digital assets, blockchain, and trading platforms, but many investors lack financial literacy.
- A Funcas-funded Spanish study of 2,000 links financial literacy bias to crypto ownership.
Monday, 27/01/2025 | 13:38 GMT by
Why is Crypto Down After Trump's Election?
- Bitcoin and others drop. Lack of pro-crypto policies to blame?
- Many thought Trump’s second term would trigger a crypto boom. Instead, the market crashed.
- Bitcoin and other coins are feeling the pain as Trump doesn't touch on crypto.
Monday, 27/01/2025 | 08:17 GMT by
Louis Parks
Why is XRP Going Up: Ripple Labs Criticized for “Lobbying” Against SBR
- Ripple Labs previously “attacked Bitcoin mining” under the Biden administration, said Pierre Rochard.
- Ripple CEO disagrees, asserting their efforts support a crypto reserve, including Bitcoin.
Friday, 24/01/2025 | 11:24 GMT by
Tareq Sikder
Trump’s Bitcoin Gambit and Executive Order—David Sacks Weighs In
- Trump’s executive order calls for a study of Bitcoin as a reserve and creates a working group.
- David Sacks promises a pro-innovation approach while critics worry about overreach.
- The executive order sparks debate over its impact on Bitcoin's future.
Friday, 24/01/2025 | 07:13 GMT by
Louis Parks
CFTC Announces Major Staff Changes Following Trump’s Return
- Acting Chair Caroline Pham reshapes the financial commission's leadership amid the new presidential administration transition.
- New CFTC appointments highlight focus on crypto oversight and regulatory challenges.
Thursday, 23/01/2025 | 07:15 GMT by
Damian Chmiel
Ross Ulbricht: Trump Pardons Silk Road Founder in Landmark Crypto Case
- The pardon fulfills Donald Trump's campaign promise and comes with support from the Libertarian movement.
- Ulbricht served a decade of his original sentence of 40 years plus two life terms.
Wednesday, 22/01/2025 | 07:38 GMT by
Damian Chmiel
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