Author Archives: pdgweb

The UK’s Financial Conduct Authority seeks comments on whether Consumer Duty, a rule requiring companies to deliver good consumer outcomes, should apply to crypto. Read More at https://cointelegraph.com/news/uk-fca-consultation-tailored-crypto-rules?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

SBI Shinsei Bank, DeCurret and Partior will develop a blockchain-based settlement system for tokenized deposits in Japanese yen and other major currencies. Read More at https://cointelegraph.com/news/sbi-shinsei-bank-tokenized-deposits-cross-border?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Bitcoin rose above $117,000 as investors braced for Jerome Powell’s post-FOMC speech that could see volatile swings toward key BTC price levels. Read More at https://cointelegraph.com/news/bitcoin-price-taps-117k-traders-brace-for-fed-rate-cuts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

A dormant Bitcoin whale moved $116 million of the cryptocurrency ahead of the Fed’s key interest rate decision as crypto traders braced for volatility in global markets. Read More at https://cointelegraph.com/news/whale-12-years-transfers-1-000-btc-fomc?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Social media influencer Carl Runefelt, also known as Carl Moon, wants to help rewrite crypto’s narrative, and he’s started with the operating table. Read More at https://cointelegraph.com/news/carl-moon-kidsor-crypto-donation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

LMAX Group entered the crypto derivatives arena with 100x leveraged perpetual futures for institutional investors, citing increased demand for these tools. Read More at https://cointelegraph.com/news/lmax-launches-bitcoin-ether-perpetual-futures-for-institutional?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Cathie Wood’s ARK Invest now holds nearly $130 million worth of Bullish shares across its ETFs after its latest multimillion-dollar acquisition on Tuesday. Read More at https://cointelegraph.com/news/ark-invest-bullish-holdings-near-130m-latest-8m-scoop?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Donald Trump’s latest Fed pick cited a “third mandate” for the bank to moderate long-term rates, potentially justifying yield curve control policies, which could boost Bitcoin. Read More at https://cointelegraph.com/news/fed-third-mandate-could-devalue-dollar-and-drive-bitcoin-higher?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

There’s division among crypto analysts over how Bitcoin will react to the Fed’s decision on Wednesday, whether or not a rate cut is announced. Read More at https://cointelegraph.com/news/bitcoin-resistance-level-116k-bullish-catalysts-bitfinex-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Shares in GD Culture fell 28% after the livestreaming company made a deal to swap tens of millions of its shares to acquire 7,500 Bitcoin from Pallas Capital. Read More at https://cointelegraph.com/news/gd-culture-falls-28-percent-7500-bitcoin-acquisition-deal?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound