Author: Digicoinvision
The United Kingdom’s top financial regulator has outlined new proposals for how existing financial rules should apply to cryptocurrency, marking the next step in creating a regulatory framework for the sector.The Financial Conduct Authority (FCA) published a consultation paper on Wednesday, setting out minimum standards that crypto companies must meet once the industry is formally brought under its remit. The regulator said the rules are designed to balance innovation and competitiveness with protections for consumers and market integrity.“We want to develop a sustainable and competitive crypto sector, balancing innovation, market integrity and trust,” said David Geale, executive director of payments…
BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in good and bad times and never for once left my side whenever I feel lost in this world. Honestly, having such amazing parents makes you feel safe and secure, and I won’t trade them for anything else in this world. I was exposed to the…
Key Takeaways Why did IP rally 9.2%? Strong Futures demand drove IP’s surge as Open Interest jumped 18% to $330M. What price levels could determine IP’s next move? If demand holds, IP could break $10.6 and target $11.8, but if bearish pressure intensifies, a drop to $9.5 or even $8.8 remains possible. After hitting an all-time high a week ago, Story [IP] retraced and traded within a thin margin. Over this period, the altcoin remained stuck between the $9.5 and $10.2 consolidation range. In fact, as of this writing, IP was trading at $10.25, marking a 9.25% increase over the…
Ethereum (ETH) has been consolidating between $4,200 and $4,700 after setting an all-time high last August. While many investors anticipate a strong fourth quarter, Citigroup has issued a tempered outlook, projecting ETH to close the year at $4,300. Related Reading According to a Reuters report, Citi attributes Ethereum’s demand to the growing adoption of tokenization and stablecoins. However, the bank cautions that much of ETH’s recent price action may be fueled by market sentiment rather than fundamentals. The note highlighted, “Current prices are above activity estimates, potentially driven by buying pressure and excitement over use-cases.” ETH’s price trends to the…
Join Our Telegram channel to stay up to date on breaking news coverage ARK Invest has bought $8.2 million Bullish shares after the crypto exchange’s stock sank 18% over the past month. A filing shows Cathie Wood’s firm added more than 160,000 shares across its ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW). The purchases lift ARK’s total Bullish holdings to more than $129 million across three funds. The move highlights the investment manager’s strategy of buying the dip, reinforcing its long-term bet on Bullish despite the recent selloff. The exchange is set to release its first earnings…
Ethereum faces a high-stakes divergence as bullish forecasts eye $12,000 while Citi warns current prices outpace fundamentals, predicting just $4,300 by 2025 without stronger adoption. Citi Predicts Ethereum to End 2025 at $4,300, Citing Hype Over Usage Citigroup said in a Monday note that it expects ether ( ETH), the second-largest cryptocurrency by market value, […]
The idea of releasing a new currency as a mechanism for funding protocol development is perhaps one of the most interesting economic innovations to come out of the cryptocurrency space. In the past twenty years, we have seen a growing centralization in the protocols that underlie the internet, with the rise of proprietary chat systems and social networks like Facebook, and a large part of the reason for this trend has been the need for monetization; if Facebook was cryptographically secure and decentralized, the developers would have no way to make money by data mining their users’ activities and taking…
Pi Network has been one of the most anticipated projects in the crypto space, with millions of users mining its tokens via mobile devices long before a tradable price was established. Over the past few years, the project has carefully balanced its testnet development with community engagement, creating one of the largest ecosystems by user count despite not being fully listed on major exchanges. As 2025 advances, new updates are pushing Pi Network closer to mainstream adoption. Analysts suggest these developments could serve as the catalyst that finally drives Pi’s price toward the $0.40 level, a milestone that would validate…
Institutional crypto activity is accelerating as CME gears up to launch XRP and solana options with daily expirations in October, adding to growing adoption in the futures market. XRP Options Set to Launch on CME in October With Daily Expirations CME Group, the world’s largest derivatives marketplace, announced on Sept. 17 that it will introduce […]