Strengths
Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was Quant, rising 33.86%.
The U.K.'s Financial Conduct Authority has approved the crypto operations of Revolut, a key step for the British fintech's ambitions to expand in the space, reports Bloomberg. The registration comes after Revolut spent months relying on temporary permission to operate its crypto-asset business. The firm was among a dozen others that received an extension to get their applications or affairs in order after a March deadline passed, the article explains.
Bitcoin is poised for a bit of a victory this quarter, reports Bloomberg, even if the scale may not seem much for an asset class where outsized gains were, until recently, the order of the day. Bitcoin is up 3.4% which could be a further sign that crypto prices may have stabilized following dramatic declines at the start of the year.
Weaknesses
Of the cryptocurrencies tracked by CoinMarketCap, the worst performing for...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...