A critical hit refers to a significant, often unexpected gain in value of a cryptocurrency. This spike can happen due to various factors, such as positive news, market sentiment shifts, or influential endorsements. For instance, if a well-known figure publicizes support for a certain coin, its price might surge rapidly. Similarly, regulatory approvals or the successful launch of new technology can trigger a critical hit. Investors often look for these moments, as they can yield substantial profits. However, the volatility associated with critical hits means that such gains can be fleeting. Understanding market trends and news can help traders anticipate potential critical hits. Still, it’s essential to approach investments with caution since the cryptocurrency market is unpredictable.

UK’s FCA to Allow Retail Investors Limited Access to Crypto ETNs
The UK’s Financial Conduct Authority (FCA) will permit retail investors to access certain crypto asset-backed exchange-traded notes (cETNs) for the