The term “Dolphin” refers to a category of cryptocurrency investors who hold a significant amount of digital assets but are not among the largest holders, commonly known as “whales.” Dolphins typically possess enough cryptocurrency to have a meaningful impact on market movements but are less influential than whales.Dolphins often play a crucial role in the market by stabilizing prices through buying and selling activities. Their transactions can create waves of liquidity, allowing for more efficient trading and price adjustments. In addition, dolphins are often seen as savvy investors who balance risk and reward. They can influence trends and sentiment within smaller communities by participating in discussions and leveraging their holdings without the massive capital that whales possess. Overall, dolphins represent a middle tier of investors, contributing to the market dynamics and helping to shape the ecosystem without overwhelming it.

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