The crypto market woke up to some heavy lifting this Monday as BlackRock, the world’s largest asset manager, decided to trim its sails. In a move that caught manyThe crypto market woke up to some heavy lifting this Monday as BlackRock, the world’s largest asset manager, decided to trim its sails. In a move that caught many
Why did BlackRock just sell $361 million worth of Bitcoin and Ethereum?
The crypto market woke up to some heavy lifting this Monday as BlackRock, the world’s largest asset manager, decided to trim its sails. In a move that caught many traders off guard, BlackRock’s spot ETFs recorded a combined outflow of $361 million in Bitcoin (BTC) and Ethereum (ETH) to kick off the second week of …
Continue reading "Why did BlackRock just sell $361 million worth of Bitcoin and Ethereum?"
The post Why did BlackRock just sell $361 million worth of Bitcoin and Ethereum? appeared first on Cryptoknowmics-Crypto News and Media Platform.
Market Opportunity
Movement Price(MOVE)
$0.03529
$0.03529$0.03529
USD
Movement (MOVE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
FCA, crackdown on crypto
The post FCA, crackdown on crypto appeared on BitcoinEthereumNews.com. The regulation of cryptocurrencies in the United Kingdom enters a decisive phase. The Financial Conduct Authority (FCA) has initiated a consultation to set minimum standards on transparency, consumer protection, and digital custody, in order to strengthen market confidence and ensure safer operations for exchanges, wallets, and crypto service providers. The consultation was published on May 2, 2025, and opened a public discussion on operational responsibilities and safeguarding requirements for digital assets (CoinDesk). The goal is to make the rules clearer without hindering the sector’s evolution. According to the data collected by our regulatory monitoring team, in the first weeks following the publication, the feedback received from professionals and operators focused mainly on custody, incident reporting, and insurance requirements. Industry analysts note that many responses require technical clarifications on multi-sig, asset segregation, and recovery protocols, as well as proposals to scale obligations based on the size of the operator. FCA Consultation: What’s on the Table The consultation document clarifies how to apply rules inspired by traditional finance to the crypto perimeter, balancing innovation, market integrity, and user protection. In this context, the goal is to introduce minimum standards for all firms under the supervision of the FCA, an essential step for a more transparent and secure sector, with measurable benefits for users. The proposed pillars Obligations towards consumers: assessment on the extension of the Consumer Duty – a requirement that mandates companies to provide “good outcomes” – to crypto services, with outcomes for users that are traceable and verifiable. Operational resilience: introduction of continuity requirements, incident response plans, and periodic testing to ensure the operational stability of platforms even in adverse scenarios. Financial Crime Prevention: strengthening AML/CFT measures through more stringent transaction monitoring and structured counterpart checks. Custody and safeguarding: definition of operational methods for the segregation of client assets, secure…
Share
BitcoinEthereumNews2025/09/18 05:40
Bitcoin struggles at $113K as Fed's Bowman hints at faster rate cuts
Bitcoin traders revealed new BTC price bottom targets as BTC price action wobbles, while a dovish Fed speech offered bulls little relief. Key points:Bitcoin faces problems recovering from its dip to $112,000 as traders agree on the odds of a fresh dip.Nasdaq Performance is on the radar as overheated RSI conditions raise concerns over a crypto knock-on effect. Read more
Share
Coinstats2025/09/23 22:35
Stablecoin rewards provisions face industry test in Senate crypto bill
With the CLARITY Act scheduled for a markup on Thursday, some lawmakers could still be at odds over decentralized finance, stablecoins and ethical concerns.As US
Share
Coinstats2026/01/14 01:52