ESMA publishes latest edition of its newsletter
01/06/2026 ESMA newsletter Newsletter April and May 2026
Market Pulse
Bitcoin hits Power Law level low that historically precedes a rebound
The power law model shows BTC trading at one of its deepest discounts relative to trend, a level previously seen during the March 2020 crash and FTX collapse
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FCA fines and bans Frank Breuer for serious misconduct in pension transfer advice
He then placed Bluesky into an insolvency process in April 2023, leaving substantial customer liabilities of at least £214,772
Working together against financial crime
Leaving them grappling with an average loss of over £25,000 – a life-changing amount of money, that they’ve likely spent decades saving
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