The regulator’s move sets the stage for a wave of new crypto products coming to market, but that alone won’t drive demand, analysts cautioned.

Even with the pullback, bitcoin continues to make higher lows, a positive technical development.

The crypto industry has entered the long slog of rule writing on the stablecoin law, and the Treasury is inviting input on how to deal with illicit activity.

Threatening the $118,000 level hours earlier, bitcoin slipped back to the $116,000 area.

A new London-listed bitcoin invetsment product offers staking yield, but access is limited. Who can invest and what makes it different?

Without significant expansion, the new wave of stablecoin launches may simply redistribute market share rather than grow the pie, said the bank.