Flowdesk says its Dubai entity has received a full Virtual Asset Service Provider licence for broker-dealer services, allowing the crypto liquidity provider to begin regulated activity for qualified and institutional investors in and from the emirate. The approval, announced by Flowdesk on 10 August, moves Flowdesk Omega FZE beyond the in-principle approval it received in
Two months after its blockbuster market debut, SpaceX stock has completed a full round trip. Space Exploration Technologies priced its initial public offering at $135 a share on June 12, raising $75 billion, then watched the stock spike above $225 before sliding all the way below its offer price to around $107 by late July.
What Is Coinbase Offering UK Professional Investors? Coinbase is expanding its UK business with a new suite of derivatives products for professional investors, adding perpetual contracts, dated futures and crypto options as part of its wider “Everything Exchange” strategy. Access will begin progressively over the coming weeks and will be limited to eligible investors classified
How Will Russia Open Crypto Trading To Retail Investors? Russia’s central bank has proposed allowing Bitcoin, Ether and Tether’s USDT to trade publicly on regulated exchanges, creating the first approved cryptocurrency list for ordinary investors under the country’s new digital asset framework. The Bank of Russia published the draft rules after legislation gave it authority
US spot Ether exchange-traded funds outraised Bitcoin ETFs in July, marking a notable shift in institutional allocation after Bitcoin dominated regulated crypto fund flows through much of the recent market recovery. The reversal comes after several weeks in which Bitcoin ETFs captured the majority of new institutional capital. Ether funds have now regained momentum as
Three of the market’s most-watched space and eVTOL names, Rocket Lab, AST SpaceMobile and Archer Aviation, all report second-quarter results after today’s close, within roughly ninety minutes of each other. All three have rallied hard over the past week, and all three now have to justify that bounce with numbers. The catch is that “the
Why Is Robinhood Adding Crypto Trading In The UK? Robinhood has begun rolling out cryptocurrency trading to eligible UK customers, giving users access to more than 50 digital assets directly through its main investing app as the company expands its product range beyond traditional equities. The service is being provided through Bitstamp UK Ltd, the
Why Is Strategy Selling Bitcoin Again? Strategy sold Bitcoin for the second consecutive week as the company increasingly uses its cryptocurrency treasury as a funding source for preferred-stock repurchases and cash reserves. The company sold 1,690 BTC for approximately $108.6 million between Aug. 3 and Aug. 9, according to a Monday 8-K filing with the
Why Could Selling Forked Coins Put BTC At Risk? Bitcoin holders could face an unusual security risk this weekend if a proposed network split produces a second chain without automatic replay protection. If Bitcoin divides into two chains, every holder would initially have the same balance on both. That can make the new coins look
Why Did Bitcoin Split At Block 961,632? Bitcoin entered a contentious test of its consensus rules on Saturday after nodes enforcing BIP-110 began rejecting blocks that did not signal support for the proposal, creating a minority branch with only a small share of the network’s mining power. BIP-110 entered its mandatory-signaling phase at block 961,632.