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The post Coinbase UK Regulatory Approval Paves Way for Investment Services appeared on BitcoinEthereumNews.com. Coinbase has secured a landmark regulatory approval in the UK, receiving authorization from the Financial Conduct Authority to provide investment services through a MiFID license — a move that fundamentally reshapes what British users can do on a crypto platform. This is not a minor compliance update. It is the most significant product expansion Coinbase has made in the UK since it entered the market, and it arrives at a moment when the country is actively building the regulatory architecture that will govern digital finance for years to come. Key takeaways Coinbase received FCA authorization via a MiFID license, enabling it to offer regulated investment services in the UK. UK retail customers can now trade equities on Coinbase for the first time. Institutional and advanced traders gain access to derivatives including perpetual futures on crypto, equities, and commodities. Al
Read full articleIncreased rate hike expectations could strengthen the pound, impacting UK-based crypto traders and creating volatility in risk assets. The post Traders boost Bank of England rate bets, favor two 25bps hikes by year-end appeared first on Crypto Briefing.
The post Top 3 Crypto Treasury Stocks to Watch Near Key Support Levels appeared on BitcoinEthereumNews.com. Three of the largest crypto treasury stocks are testing their most important long-term support levels at the same time. Strategy (MSTR) trades near $100, Metaplanet hovers just above ¥200, and Coinbase (COIN) defends $150. Strategy leads all corporate Bitcoin (BTC) holders with 843,775 BTC, according to BitcoinTreasuries.net data from July 8. Metaplanet ranks third with 43,000 BTC, while Coinbase sits ninth with 16,492 BTC. TOP 10 Crypto Treasury Stocks / Source: Bitcointreasuries MSTR Returns to the $100 Zone That Started the 2024 Rally MSTR traded near $97 on July 8, with premarket quotes as low as $93. The stock has therefore returned to the $100 zone it broke out from in February 2024. Historically, this area acted as resistance in February 2021 and November 2021. After the breakout, it flipped into support in April 2024, August 2024, and February 2026. However, the current t
The post British Pound: Pound resilience faces political risks – Rabobank appeared on BitcoinEthereumNews.com. Rabobank’s Senior FX Strategist Jane Foley highlights that the British Pound (GBP) has been a strong G10 performer this year, supported by sticky United Kingdom (UK) inflation, Bank of England (BoE) rate expectations and inbound M&A flows. However, Foley warns that excess economic capacity, high government debt and political uncertainty around Burnham’s incoming Labour government and fiscal stance could weigh on GBP, with EUR/GBP seen higher by year-end. Feel good for now “The pound is the second best performing G10 currency in the month to date after the NOK. In the year to date the pound is fourth place in the G10 performance table. The UK’s recent history of sticky inflation and the swing in short-term interest rates at the start of the Iran war to pricing in BoE rate hikes can partly explain GBP’s resilience.” “Despite this month’s better tone, we don’t see GBP as being fr
July update projects GDP growth of 1% this year, making UK the third fastest-growing economy in the G7 The International Monetary Fund (IMF) has upgraded its growth forecast for the UK, while leaving those for other G7 countries weaker or unchanged, amid hopes the economic impact of the Iran war may be less severe than feared. In a July update of its World Economic Outlook, which was finalised before the latest outbreak of hostilities in the Middle East, the Washington-based organisation projected UK gross domestic product to grow by 1% this year – up 0.2 percentage points from its April forecast. Continue reading...
Cathie Wood's strategic shift highlights a growing focus on crypto and AI sectors, potentially influencing market trends and investor sentiment. The post Cathie Wood dumps $54M in Alibaba stock, rotates into Coinbase and Palantir appeared first on Crypto Briefing.
The post Coinbase Bitcoin Premium Index Hits 50-Day Negative Streak, Here Is the Impact on BTC Price appeared on BitcoinEthereumNews.com. Key Insights Coinbase Bitcoin Price Premium Index has remained negative for a record 50 consecutive days since May 19. The trend points to weaker buying activity from United States investors on Coinbase. Some analysts still believe Bitcoin is holding near a key long-term support level. Bitcoin price faced a mixed market setup after the Coinbase Premium Index stayed negative for 50 consecutive days. The streak marked the longest negative run in available tracking history. The indicator pointed to weaker relative demand on Coinbase, while separate long-term models highlighted support near Bitcoin’s 200-week moving average. The two signals left traders weighing weak venue demand against a historically watched technical level. Coinbase Bitcoin Premium Index Hits 50-Day Record The Coinbase Bitcoin Premium Index has entered its longest negative streak sinc
The post OKX Founder Confirms New Authorization in Europe appeared on BitcoinEthereumNews.com. OKX to operate under MiFID framework OKX unveils new money app in Europe OKX, a leading cryptocurrency exchange, has continued to push for wider expansion across the global space, providing services that extend beyond crypto trading. In a recent post shared by its founder, Star Xu, on Wednesday, July 8, the founder confirmed a new regulatory authorization that allows it to expand its services in Europe. OKX to operate under MiFID framework In his recent statement, Xu revealed that OKX will begin to offer crypto, commodity, and equity derivatives under the European MiFID framework. Ripple-Operated Rail Dropped by Major Software Company XRP, Shiba Inu (SHIB), Solana (SOL) and Bitcoin (BTC) Price Analysis for June 8: Momentum Is Not Fueled Yet While this marks a major milestone for the fast-growing cryptocurrency exchange, the move further strengthens its presence in Europe, while positioning
Crypto's integration into esports via prediction markets could revolutionize fan engagement and investment, despite regulatory challenges. The post Coinbase-sponsored Mid-Season Invitational turns esports into crypto’s newest prediction market playground appeared first on Crypto Briefing.
