Bitcoin slid sharply after the U.S. market opened on Jan. 29, wiping out a large portion of its value in a short window and triggering heavy forced selling across leveraged positions. Within less than four hours, the move cut more…
Can Tether win share in a US market led by Circle USDC?
Tether has taken a step that changes its position in the crypto market. After years of operating without a permanent base, the company set up its headquarters in El Salvador earlier this year. On Friday, founder Paolo Ardoino appeared in…
Will UK Crypto Strategy Compete with Trump’s US Market?
The government is developing new regulations for the cryptocurrency industry, focusing on areas like stablecoins and staking services. These efforts aim to clarify rules for crypto companies and create a more predictable environment for digital assets. As competitive pressures from…
Cash App Ends UK Operations to Focus on US Market
Block Inc.’s consumer-payments platform, Cash App, is set to close its UK operations on September 15, 2024. This move comes six years after its initial launch in the region, marking a significant shift in the company’s strategic focus. As a…
Bitcoin ETFs: A Pivotal Moment Approaches as Regulatory Decisions Loom in the US Market
Bitcoin, is approaching a significant milestone in its history with the emergence of exchange-traded funds (ETFs) backed by Bitcoin in the United States. These ETFs have garnered considerable anticipation over the years, and the impending regulatory decisions carry vital importance…