BlockPress

BlockPress

DeFi shouldn’t fear ‘suitcoiners’

The decentralized finance (DeFi) ecosystem stands at a crucial juncture, its future trajectory inextricably linked to the embrace of institutional investors. These entities, with their substantial capital reserves, established credibility within the financial world, and inherent demand for stability and…

UK regulator lifts ban on crypto ETNs for retail investors

The UK’s Financial Conduct Authority (FCA) has significantly altered its stance on retail access to cryptocurrency exchange-traded notes (ETNs) and derivatives. Initially, in 2021, the FCA implemented a ban, restricting retail investors from participating in these investment vehicles. This decision…

Bitcoin traders warn $123K was a top: How low can BTC price go?

Bitcoin’s current market behavior exhibits a bearish divergence, suggesting a potential price correction. This divergence, a discrepancy between price action and momentum indicators, signals a weakening of the bullish trend and hints at an impending price decline. Historically, similar divergences…

State of stablecoins after GENIUS Act: Expert weighs in

The recent passage of the GENIUS Act in the US marks a significant turning point for the future of stablecoins, institutional crypto adoption, and global regulatory frameworks. This landmark legislation, while specific details require further analysis, signals a shift in…