Recent statements from Matthew Sigel, the Head of Digital Assets Research at VanEck, have stirred the pot regarding the future role of Bitcoin as a potential global monetary standard. Sigel’s assertion is that Bitcoin could evolve to hold a position similar to that historically occupied by gold, leading to intense discussions around the idea of
investment
In a pioneering move towards the integration of digital assets into public finance, New Hampshire State Representative Keith Ammon has put forth a bill aimed at establishing a strategic reserve of digital assets for the state treasury. Introduced on January 9, the legislation seeks to reserve up to 10% of the total public funds—approximately $360
Bitcoin, the leading cryptocurrency, has consistently been a focal point for investors and analysts alike, especially during its cyclical bull runs. Recent commentary from crypto analyst Master Kenobi has introduced a potentially bullish framework for Bitcoin’s price trajectory, referencing historical patterns that could forecast a significant surge. The binary nature of crypto trading intensifies during
The recent amendment to the Financial Services and Markets Act 2000 (FSMA) by the UK Treasury marks a pivotal shift in how crypto staking is perceived within the regulatory framework. Effective from January 31, the new regulation explicitly excludes crypto staking from the category of collective investment schemes. This move is considered revolutionary for stakeholders
In a significant development for the cryptocurrency sector, Standard Chartered has received authorization to provide crypto custody services in Luxembourg, as announced on January 9. This move is a direct response to the European Union’s Markets in Crypto-Assets (MiCA) framework, a robust regulatory structure designed to harmonize regulations for cryptocurrency businesses throughout the EU. The
As we approach the departure of Gary Gensler from his position as Chair of the U.S. Securities and Exchange Commission (SEC), it becomes important to examine the tumultuous relationship that has developed between his administration and the burgeoning cryptocurrency industry. His outspoken disapproval of crypto practices has sparked widespread criticism among industry stakeholders, leading to
Recent reports indicate a potential transformation in South Korea’s regulatory framework concerning cryptocurrency trading, particularly aimed at institutions. Historically, the nation enforced strict limitations on digital asset trading, confining it predominantly to verified individual investors. However, the Financial Services Commission (FSC) is now poised to initiate a phased relaxation of these restrictions, targeting a broader
Aayush Jindal emerges as a prominent figure in the intricate and ever-shifting domain of financial markets. Spanning a remarkable career of over 15 years, Aayush has garnered substantial acclaim for his mastery in Forex and cryptocurrency trading. His profound understanding of market dynamics, coupled with expert technical analysis, has shaped him into a trusted advisor
The cryptocurrency market, particularly Bitcoin, often experiences wild fluctuations influenced by various factors—ranging from market sentiment to regulatory changes. However, recent movements in the realm of Spot Bitcoin Exchange Traded Funds (ETFs) suggest a new layer of complexity, underscoring an impending supply shock. The unprecedented demand for Bitcoin ETFs in December 2024 has triggered alarm
In a noteworthy decision, U.S. District Judge Katherine Polk Failla of the Southern District of New York has allowed Coinbase to pursue an interlocutory appeal in its ongoing litigation against the U.S. Securities and Exchange Commission (SEC). This ruling, made on January 7, signifies a crucial moment in the cryptocurrency realm, as it addresses a