Companies weigh in as UK prepares to reverse crypto ETN ban
The UK will lift a ban on specific crypto exchange-traded products starting next week, but the regulator said its "framework would need to be updated" before considering ETFs.
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Bitcoin ETFs are the market's "clearest sentiment barometer," indicating an incoming breakout for "Uptober," analysts told Cointelegraph.
Crypto venture capitalists are a "lot more careful" and not just jumping on every hot narrative, says a Bullish Capital Management executive.
The Bitcoin four-year cycle is driven more by "human emotion" and will likely continue to play out in "some form," according to a crypto executive.
Crypto exchange Coinbase is pursuing a National Trust Company Charter in the US, but said it has "no intention of becoming a bank."
Bitcoin rallied close to $124,000 as surging US demand for BTC, shifting Federal Reserve monetary policy and hopes for a bullish Q4 lifted investor sentiment.
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