Wednesday, June 26, 2024
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Retail interest in crypto declines as investors search for the next big price mover

One of the main narratives of hope for cryptocurrency investors is that there will be a major shift in public perception that sparks a new wave of capital from retail and institutional traders. Unfortunately for these hopeful bulls, data indicates that they opposite has occurred for nearly a year, a fact evidenced

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Ted Cruz introduces companion to Emmer’s bill to exclude Fed retail CBDC digital currency issue

Texas Sen. Ted Cruz introduced companion legislation into the U.S. Senate on Wednesday for Minnesota Rep. Tom Emmer’s bill prohibiting the Federal Reserve from issuing central bank digital currency, or CBDC, directly to individuals, Emmer announced. Emmer introduced the House bill Jan. 18. Fellow Republican Cruz’ legislation could potentially speed

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Huobi Tech to launch crypto tracking ETF in Hong Kong for retail traders

Huobi Tech, a public listed fund manager in Hong Kong, plans to launch a cryptocurrency tracking exchange-traded fund (ETF) for retail investors.The Hong Kong Stock Exchange-listed company has reportedly submitted a proposal to the Securities and Futures Commission (SFC) for its crypto ETF. The new ETF product will be focused

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Bitcoin rally hopes diminish as pro traders flip bearish, retail interest at 12-month lows

Bitcoin (BTC) has been trapped in a symmetrical triangle for 56 days and the trend change could last until early May, according to price technicals. Currently, the support level stands at $38,000, while the triangle resistance for daily close stands at $43,600.Bitcoin mining up, retail interest downBitcoin/USD price at FTX.

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EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers – Regulation Bitcoin News

Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or exchange,” they stressed. EU Supervisory Authorities Warn About the Danger of Investing in Crypto Assets Three European Supervisory Authorities (ESAs) issued a

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