“Despite bitcoin’s recent 39% correction, the number of addresses with a non-zero balance continues to break all-time highs,” said Marcus Sotiriou, an analyst at the U.K. based digital asset broker GlobalBlock. “Also, since the $69,000 all-time-high, the Canadian Bitcoin Purpose ETF has added 6,341 BTC in assets under management, representing a 26.2% increase in coin … [Read more...] about Bitcoin Holds Steady Above $49K as BOE Hikes Interest Rate; ECB Decision to Come
BOE
BOE Says Growth of Crypto Could Pose Risks for Financial Stability
Crypto assets currently pose limited risks to the stability of the U.K. financial system, the Bank of England said in its Financial Stability Report, released Monday. But their pace of growth means they could become more dangerous as they become increasingly linked to wider financial networks. Source link … [Read more...] about BOE Says Growth of Crypto Could Pose Risks for Financial Stability