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U.K. Lawmakers Say Crypto Should Be Regulated Like Gambling
Bitcoin (BTC), ether (ETH), and other cryptocurrencies should be regulated as gambling due to their potential risks, a panel of U.K. lawmakers from parliament's treasury committee said Wednesday. "The Hash" panel discusses the details of the push.
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Bitcoin-Ether Correlation Dips Below 80% for First Time Since 2021
The positive relationship between bitcoin (BTC) and ether (ETH), the world's top two cryptocurrencies by market value, has weakened this year, signaling an impending regime change in the market. The 30-day rolling correlation between changes in bitcoin and ether prices dipped to 77% Monday, the lowest since 2021 and notably weaker than 96% seen two months ago, according to Kaiko data. "The Hash" panel discusses what this means for the future of bitcoin, ether, and the crypto markets at large.
