UK FCA Targets Illegal Crypto P2P Trading in Nationwide Raids

The United Kingdom’s Financial Conduct Authority (FCA) has raided multiple sites suspected of running illegal peer-to-peer (P2P) crypto trading operations. The financial services and markets watchdog said Wednesday that it worked alongside HM Revenue & Customs and the South West Regional Organised Crime Unit to inspect eight locations linked to illegal crypto trading. Officials issued…

The London P2P sweep: UK FCA raids eight illegal peer-to-peer trading hubs

The U.K.’s Financial Conduct Authority (FCA) has carried out its first coordinated crackdown on illegal peer-to-peer crypto trading, targeting eight locations across London in a joint operation with His Majesty’s Revenue & Customs (HMRC) and the South West Regional Organised Crime Unit (SWROCU). Officials issued cease-and-desist notices at each site and gathered evidence that is…

Bitcoin Bollinger Bands Setting Up BTC Price for ‘Powerful Move’

Bitcoin (BTC) could see further upside volatility as several technical indicators suggested the BTC price was due for a “powerful“ upward move. Key takeaways: Bitcoin’s Bollinger Bands indicator now sees the potential for a massive price breakout. BTC price needs to overcome resistance at $80,000 for more upside.  Bollinger Bands suggest Bitcoin’s “bull run is…

DeFi Platform Volo Hit by $3.5M Vault Attack, Begins Recovery Efforts

Decentralized finance (DeFi) protocol Volo has disclosed a security breach that resulted in the loss of approximately $3.5 million in digital assets, marking the latest incident in a series of exploits targeting DeFi platforms. In a Wednesday post on X, the team said the attack affected select vaults and involved assets including Wrapped Bitcoin (WBTC),…

Finance Firms Push to Fast-Track EU DLT Rules, Warn of US Tokenization Lead

A group of European financial companies and industry bodies have urged European Union officials and lawmakers to fast-track changes to blockchain rules, warning the region risks falling behind the US in tokenized finance. In a joint letter on Tuesday, 39 signatories, including Nasdaq and Boerse Stuttgart, called on the European Commission and Parliament to carve…

Here Is Why The Bitcoin Price Upside Could Be Capped at $84K

Market analysts said Bitcoin’s (BTC) latest rally to $78,000 means that the uptrend has begun, but the upside could be capped at $84,000, based on several key metrics. Key takeaways: Bitcoin profitability suggests BTC rally “has begun”  Bitcoin’s recent price recovery toward $76,000 has pushed it more than 26% above its sub-$60,000 multi-year low reached…

Bitcoin price tops $78,000 on Trump ceasefire extension, Strategy’s $2.5 billion buy

Bitcoin BTC$77,916.50 is breaking out of the Iran-headline chop. The cryptocurrency topped $78,000 on Wednesday morning, up 2.2% over 24 hours and 4.3% on the week, after President Donald Trump said he would extend the Iran ceasefire indefinitely and Strategy disclosed the purchase of 34,164 BTC for $2.54 billion. Ether rose 2.1% to $2,366, BNB…

Prospective Fed Chair Pressed on Potential Conflicts of Interest

The nominee to lead the US Federal Reserve, Kevin Warsh, on Tuesday faced criticism and backlash from Democrats questioning his financial disclosures and potential conflicts of interest. Heading into today’s Senate Banking Committee confirmation hearing, it was clear that the independence of the Fed remains a key issue for many lawmakers concerned about US President…

Bitcoin Reclaims $76K As Coinbase Spot Volume Soars

Bitcoin (BTC) rebounded above $76,000 on Tuesday, after the spot market demand on Coinbase exchange saw a second week of bullish volume trends. Net spot buy volume has climbed sharply over the past 15 days, signaling sustained strength from bulls, but will BTC be able to turn the $75,000 level into a long-term support level?…

US Admiral Touts Bitcoin a Tool For US Power Projection

A senior US military commander has lauded Bitcoin as a “valuable computer science tool,” arguing its usefulness extends beyond monetary applications and can support US national security interests. “It is a valuable computer science tool, as a power projection,” Admiral Samuel Paparo said at a Senate Armed Services Committee hearing on Tuesday, adding that Bitcoin’s…