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Crypto is now part of every financial advisor’s conversation and 57% of them plan to increase their allocations, TMX VettaFi senior investment strategist Cinthia Murphy said.
The native token Crypto.com outpaced most digital assets Monday after Trump Media and Technology Group announced plans to develop exchange-traded funds with the exchange.
Standard Chartered’s hypothetical ‘Mag 7B’ index, with bitcoin replacing Tesla, delivered higher returns and lower volatility than the original lineup.
D.O.G.E head Elon Musk's Tesla falls behind North Korean hacker group in terms of BTC holdings as President Trump plans to make U.S. the crypto capital of the world.
Bybit, the world's second-largest cryptocurrency exchange by trading volume, has announced that it has received In-Principle Approval (IPA) from the Securities & Commodities Authority (SCA) of the United Arab Emirates (UAE) to operate as a Virtual Asset Platform Operator in the UAE. The approval, dated February 18, 2025, signifies a significant milestone in Bybit's efforts to provide a secure and compliant platform for crypto traders in the region. Bybit is now in the final stages of obtaining its fully operational license, demonstrating its commitment to meeting regulatory and compliance standards. This authorization brings Bybit closer to offering a wide range of digital asset services to retail and institutional clients in the UAE, aligning with its goal of fostering a compliant and innovative digital asset ecosystem. Bybit's progress in the UAE complements its existing regulatory approvals in the Middle East and reflects its dedication to compliance in key financial hubs worldwide.
On January 30th local time, US President Trump stated that he plans to fulfill his promise of imposing a 25% tariff on imported goods from Mexico and Canada on February 1st, and will decide whether to include oil in the list of goods subject to tariffs on the evening of January 30th. On January 20th, when signing a series of executive orders in the Oval Office of the White House, Trump told the media that he is considering imposing a 25% tariff on Mexico and Canada, and the tax may be implemented from February 1st this year. (CCTV News)
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