Crypto


Markets

Crypto Market to Stay Highly Correlated to Stocks Amid Macro Events and Dwindling Network Activities, Citi Says

The network activity has also been falling on Ethereum and stalling on the Bitcoin blockchain, the report said.

Crypto market to stay highly correlated to stocks, Citi says. (Miquel Parera/Unsplash)

Markets

Crypto Market Lacks Major Near-Term Catalysts, JPMorgan Says

Total crypto market cap was $2.02 trillion at the end of August, a 24% decline from this year's peak of $2.67 trillion in March, the report said.

(Shutterstock)

Policy

UK Regulator Says 87% of Crypto Registration Applications Failed to Meet Standards for Approval

The FCA approved only four of the 35 applications it received in the year ended March 31.

(FCA)

Finance

Crypto Payments Firm BCB Group Has Received Takeover Interest: Sources

The company received a takeover approach from an investor while exploring a Series B funding round.

(engin akyurt/Unsplash)

Policy

Nigerian Court Postpones Decision on Gambaryan Bail Application

The next bail hearing has been scheduled for Oct. 9.

Tigran Gambaryan, Binance's head of crime compliance, is one of two executives detained in Nigeria. (Shutterstock/Consensus)

Policy

Japans Financial Regulator Mulls Taxing Crypto as Financial Asset

A change in the regime could result in lower taxes for some crypto investors.

Tokyo, Japan (Ryo Yoshitake/Unsplash)