Month: November 2024

Bitcoin’s meteoric rise continues as the price hit a new all-time high of $94,374 on November 20, defying skeptics and pushing market optimism to new heights. However, signs of a potential sell-off are emerging as dormant Bitcoin holdings become active. Bitcoin Price Action: A Battle for $94K Bitcoin demonstrated resilience…

Bitget Re-enters the UK Market with FCA-Approved Compliance Updates In a strategic move to adapt to the UK’s evolving regulatory environment, Bitget, a leading cryptocurrency exchange, has relaunched its platform in the United Kingdom after making key updates to comply with the Financial Conduct Authority’s (FCA) Financial Promotions (FinProm) regime.…

In a first-of-its-kind move in the United Kingdom, a UK-based pension fund has added Bitcoin to its portfolio, guided by a 3% allocation recommendation from investment consulting firm Cartwright. The decision marks a significant milestone, highlighting the increasing appeal of cryptocurrency among traditionally conservative institutions. Strategic Vision Behind the Move…