Author: Kryptonews

Even as the U.K.’s crypto regulations work their way through the system, most of the country’s banks are still blocking their customers’ access to even registered crypto exchanges.The Financial Conduct Authority’s list of crypto asset companies, which certifies they meet the country’s anti-money laundering and terrorism financing regulations, now numbers 59, including exchanges like Coinbase (COIN), Kraken and Gemini (GEMI).Still, clients wanting to invest on those platforms are likely to find themselves stymied by their banks. In a report published Monday, lobby group UK Cryptoasset Business Council found that seven out of the 10 top exchanges operating in the country…

The predictions market platform announced two new hires related to state policy efforts and relations with the federal government.Predictions market platform Kalshi said it will open an office in Washington, D.C., and hire “talent from both sides of the aisle” as part of the company’s efforts to expand its US footprint.In a Monday notice, Kalshi said it had hired former Biden administration official John Bivona as the prediction market’s head of federal government relations, and Blake Bee, a former Amazon senior manager of state and local public policy. The move came as many bets on prediction markets such as Kalshi…

Mesh, a San Francisco–based crypto payments infrastructure company, raised $75 million in a Series C funding round led by Dragonfly Capital, bringing its total funding to more than $200 million and valuing the company at $1 billion.The round included participation from Paradigm, Moderne Ventures, SBI Investment, Coinbase Ventures and Liberty City Ventures, according to an announcement on Tuesday. Mesh said a portion of raised funds was settled using stablecoins rather than traditional banking rails. Mesh will use the funds to expand its crypto payments network across regions including Latin America, Asia and Europe, and to support product development. Mesh recently expanded into…

Ether’s (ETH) was down 14% from its 2026 high above $3,200 and 41% below its $4,950 all-time high, reached in August 2025. Despite this drawdown, traders remain optimistic about the ETH price rising higher as long as a key support level is reclaimed.Key takeaways:Ether traders are bullish on a $10,000 ETH price despite a 41% drawdown from all-time highs. Wyckoff method, cycle patterns, and liquidity correlations converge on a $10,000–$15,000 ETH price target. Record daily transactions, increasing daily active users and nine-year low transaction fees suggest bullish onchain momentum. ETH traders are still eyeing $10,000-$15,000 priceMarket analysts say ETH price is undergoing…

The UK’s top financial regulator is finalizing its framework for the crypto industry. The rulemaking process has been long, but industry observers note that the country has avoided the political tit-for-tat that is hampering the US CLARITY Act.On Jan. 23, the Financial Conduct Authority (FCA) released its final consultation. The public may now comment on its suggested framework, consisting of 10 regulatory proposals. The three-year process is expected to reach a conclusion in March, with full implementation by October 2027.The proposed rules have gone through multiple iterations since 2023, as some observers expressed concern that the UK would fall too…

To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter.The HeadlinesART FOR GAZA. A group of 21 artists have donated works to “Seeds of Solidarity,” an art auction supporting medical professionals in Gaza, the Art Newspaper reports. Organized by Health Workers 4 Palestine, the sale will take place on February 1 at The Savoy in London, with proceeds going to the Gaza Medics Solidarity Fund, which provides stipends for doctors, supports mobile clinics, and helps rebuild maternity wards. The auction features work by Antony Gormley, Brian Eno, Mona Hatoum, Lisa Brice, Caroline Walker, Rana Begum, and Hassan Hajjaj. Founded by London-based doctor Omar…

Tom Lee says Bitcoin and Ethereum will recover once the gold and silver FOMO cools, with weaker dollar and Fed easing set to boost crypto. Summary om Lee says FOMO in record-breaking gold and silver is draining liquidity from Bitcoin, Ethereum and wider crypto. He argues past pullbacks in precious metals often coincided with upside in BTC and ETH as capital rotated back into digital assets. Lee expects a weaker dollar and easier Fed policy to unlock fundamental upside for cryptocurrencies once metals’ momentum stalls. Tom Lee, head of research at Fundstrat Global Advisors, stated that cryptocurrencies will begin recovering…

A rotating cast of top candidates has roiled Polymarket betting on the next chair of the Federal Reserve, but the new favorite, BlackRock’s Rick Rieder, has argued that bitcoin will replace gold and has recommended people should have it in their portfolios.Rieder, BlackRock’s chief investment officer for global fixed income, has rocketed to the top of the list of President Donald Trump’s likely picks in the prediction markets, and he’s frequently waxed supportive of cryptocurrencies.He said as far back as 2020 — in much earlier days of digital assets — that bitcoin would take over for gold as a store…

Bitcoin (BTC) saw modest volatility around Tuesday’s Wall Street open as BTC price analysis saw a market bottom by the end of the month.Key points:Bitcoin should be safe from new local lows for the current US session, but the week is still tipped to be volatile.Analysis says BTC price action is in a “period of anticipation.”A market take using the Wyckoff method calls for a sub-$80,000 swing low on Bitcoin before February.“High probability” BTC will hold $87,000 TuesdayData from TradingView showed a trip to $88,315 for BTC/USD before it retraced the move to head lower. BTC/USD one-hour chart. Source: Cointelegraph/TradingViewStill…

Gold’s surge past $5,000 an ounce and mounting uncertainty around U.S. crypto legislation are shaping a critical moment for digital asset markets, according to Bitwise Chief Investment Officer Matt Hougan. Key Takeaways: Gold’s surge above $5,000 reflects growing distrust in fiat currencies and centralized financial systems. Institutional demand for assets beyond government control is reshaping how investors view both gold and crypto. As trust in traditional institutions erodes, crypto’s self-custody and censorship-resistant features are gaining relevance. In a note to clients on Monday, Hougan said the combination of rising demand for assets outside government control and fading confidence in near-term…