The UK’s top financial regulator just made a surprising pivot. The Financial Conduct Authority (FCA), known for its cautious stance on crypto, is planning to lift its ban on crypto exchange-traded notes (ETNs) for retail investors. Yep, after years of saying “not on our watch,” the door might finally be creaking open. If the ETN … Read more
Retail investors may soon be able to buy crypto ETNs, as the country’s top financial regulator weighs investor protections with innovation. UK regulators are taking steps to boost growth in the country’s crypto industry. On Friday, June 6, the UK’s Financial Conduct Authority proposed lifting a ban on crypto exchange-traded notes for retail customers. However, … Read more
Stocks inched higher today, despite concerns over lower retail spending and escalating retail prices. U.S. stocks edged up on Thursday, May 15, even amid negative retail indicators. The Dow Jones was trading at 42,191, up 140 points or 0.33%. The S&P 500 rose 18.75 points, or 0.32%, to 5,911. Meanwhile, the tech-focused Nasdaq was nearly … Read more
The New XAI Gork price surged on Monday as the weekend rally triggered fear of missing out among retail investors. New XAI Gork (GORK) token jumped to $0.07, extending a rally that began on Friday when it bottomed at $0.01443. It has now surged nearly 400%, giving it a market cap of over $70 million. … Read more
In a stunning move, on April 5, Illinois crypto law saw the passage of the “Blockchain Business Development Act,” a major shift in US crypto regulation news. Sounds nice, right? Well, don’t be fooled. It’s also called the Crypto Consumer Protection Act, and depending on how you look at it, it’s either the start of … Read more
An Ethereum (ETH) layer-2 scaling solution is soaring after gaining support from US retail trading giant Robinhood. According to Robinhood, the ETH layer-2 Arbitrum (ARB) is now available to be bought, sold, and traded over the trading platform. google336x280] News of the addition sent ARB rallying from a price of $0.374 on March 4th to … Read more