Bitcoin on the Verge of a Historic Weekly Winning Streak
In a remarkable turn of events for the cryptocurrency market, Bitcoin (BTC) is positioned to mark its longest weekly winning stretch in more than three years. This surge is fueled by a series of factors contributing to renewed investor confidence and increased institutional interest in the leading cryptocurrency.
Continue readingMajor Players Virtu and Standard Chartered Launch New UK Crypto Derivatives Trading Platform
In a significant move for the cryptocurrency landscape, financial giants Virtu Financial and Standard Chartered have partnered to unveil a cutting-edge trading platform focused on crypto derivatives in the UK. This innovative development marks a pivotal step forward in the integration of traditional finance with the burgeoning digital asset marketplace.
Continue readingStandard Chartered's Crypto Custodian Zodia Eyes $50 Million Funding Round
In a significant move for the cryptocurrency industry, Standard Chartered's crypto custodian, Zodia, is in discussions to raise $50 million in a new funding round. This initiative showcases the growing interest and investment in cryptocurrency services as institutions continue to embrace digital assets.
Continue readingBNY Mellon's New Structure Approved by SEC for Crypto Custody, Goes Beyond ETFs, Says Gensler
In a seminal moment that speaks volumes of the changing face of financial markets, the US Securities and Exchange Commission has just approved a groundbreaking structure proposed by BNY Mellon for the custody of cryptocurrencies. None other than the SEC Chairman, Gary Gensler, stated that news and underlined the fact that the new structure will go far beyond the realm of ETFs.
Continue readingBitcoin Soars Past $65,000 Ahead of $5.8 Billion Options Expiry
Bitcoin surged above $65,000 on Thursday, the largest cryptocurrency by market value, to its highest in months. Its big jump came as traders positioned for the largest $5.8 billion options expiry in late September.
Continue readingSEC Approves Nasdaq to List Options on iShares Bitcoin Trust ETF
The latest news in the cryptocurrency market is that, in a landmark approval, Nasdaq has been given the go-ahead by the United States Securities and Exchange Commission to list options on the iShares Bitcoin Trust exchange-traded fund. It is a big leap inside the financial industry's slow but progressive embracing of digital assets.
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