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One in Four UK Adults Would Consider Crypto Pension Investment
On August 26, Aviva’s report revealed that one in four UK adults would consider cryptocurrency for their retirement portfolio. The research showed that 27% of adults would consider including digital assets to their pension strategy, and nearly as many would... -
Kraken Engages the SEC Crypto Task Force Over Tokenization
On August 25, Kraken initiated a meeting with the U.S. Securities and Exchange Commission’s (SEC) Crypto Task Force to advance discussions on tokenizing traditional financial assets. Executives from Kraken Securities LLC, its parent company Payward, and legal counsel from Wilmer... -
Strategy Buys $356.9M in Bitcoin, Expands Holdings to 632,457 BTC and Fuels Crypto Market Momentum
During Monday’s trading session, Strategy announced a $356.9 million Bitcoin purchase, acquiring 3,081 BTC at an average price of $115,829 per coin. This latest addition expands the company’s total holdings to 632,457 BTC, worth over $70 billion at current market... -
Bitcoin Whale Dumps 24,000 BTC, Sending Prices Plunging
On August 24, a Bitcoin Whale completed the sale of 24,000 BTC ($2.7 billion). This was followed by a wave of liquidations. The price of Bitcoin fell about 2.2% within nine minutes to around $114,666 and subsequently dropped below the... -
Stocks Rally as Jerome Powell Suggests Rate Cuts In Jackson Hole Speech
US stocks are rallying today after Fed chair Jerome Powell indicated rate cuts during his speech at the annual Jackson Hole Economic Symposium. Powell Indicates Rate Cuts The address, titled "Monetary Policy and the Fed's Framework Review," highlighted a "challenging... -
US CFTC Launches Next Stage of ‘Crypto Sprint,’ Public Consultation Open on Trading Guidelines
On August 21, the U.S. Commodity Futures Trading Commission (CFTC) launched the second phase of its crypto sprint, shifting its focus to direct engagement with stakeholders. As part of this effort, the agency is inviting crypto market participants to share... -
Coinbase CEO Brian Armstrong Predicts Bitcoin Could Reach $1 Million by 2030
On August 20, Coinbase CEO Brian Armstrong predicted Bitcoin to hit the $1 million mark by 2030. He joins a growing list of high-profile investors and industry leaders who believe Bitcoin will see explosive growth before the end of this... -
Fed Official Advocates for Letting Staff Own Bitcoin
On August 19, Federal Reserve Vice Chair for Supervision Michelle Bowman advocated for relaxing the central bank’s prohibition on staff ownership of cryptocurrencies. She contended that such a policy change would catalyze a broader debate on the institution's approach to... -
US Treasury Requests Public Input on GENIUS Act Stablecoin Bill
On August 18, the US Treasury Department opened a public comment period regarding the implementation of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The law, signed by President Donald Trump in July, aims to shape how... -
Tesla Reportedly Slashed Monthly Lease Fee in the UK Amid Tepid Sales
Tesla (NYSE: TSLA) has reportedly slashed the monthly lease fee in the UK as its sales in the country have plummeted. The Times reported that Tesla is offering up to a 40% discount to car leasing companies in the UK...
