Crypto
Short Sellers Lose Nearly $3 Billion As Bitcoin’s Price Spikes
Bitcoin's recent price surge has led to significant losses for short sellers betting against the cryptocurrency, driven by anticipation surrounding spot Bitcoin ETFs and the upcoming halving event.
Bitcoin, Ethereum Prices Jump Following SEC Regulation Proposal
Major cryptocurrencies like Bitcoin and Ethereum rallied after the U.S. Securities and Exchange Commission (SEC) proposed new regulations. While the market reacted positively to expectations of reduced regulatory uncertainty, some worry that stringent rules could hinder innovation.
US Securities Regulator Proposes New Crypto Custody Rules
The U.S. Securities and Exchange Commission (SEC) has unveiled a long-awaited proposal to enhance investor protection by mandating new custody requirements for crypto assets.
Bitcoin Price Forecast: BTC Could Resume Its Rally as Rate Hike Odds Drop to 30%
Investor sentiment for risk assets strengthens as the probability of a Federal Reserve rate hike falls to 30%.
Bank of England Accelerates Testing of Stablecoin, Digital Pound Interoperability for Cross-Border Payments
The Bank of England, in collaboration with the BIS, is testing the interoperability of stablecoins and a potential digital pound for cross-border payments to boost efficiency. However, parliamentary concerns persist regarding privacy and financial stability risks.