In this category of TheNewsCrypto, you will see the latest news, top headlines, opinions, current affairs, and much more from around the globe. The section only has handpicked articles by our experienced and profound editors to keep you updated with trends and stay ahead of the pack. Never miss any important news as we make sure this section is regularly updated with only the mainstream and impactful events of the cryptocurrency world.
The cryptocurrency market experienced bearish price action on Friday, despite the highly anticipated approval of the spot ETH ETF. This bearish sentiment suggests a prevalence of short selling in the market. However, Ethereum, the leading altcoin, managed to maintain its price above the $3,650 mark, indicating a persistent bullish sentiment
The Securities and Exchange Commission (SEC) released an official statement approving the spot Ethereum Exchange-Traded Funds (ETFs) on May 23. The SEC’s statement was widely anticipated by the crypto community since the approval of spot Bitcoin ETFs. Exchanges that had applied for issuance rights were approved in the published report,
A financial audit conducted recently has uncovered a significant whale transaction involving 240.85 million XRP, equivalent to $127 million. According to data provided by Whale Alert, a blockchain tracking service, the transaction originated from Coincheck, a prominent Japanese cryptocurrency exchange, and was sent to an unknown wallet. Blockchain records indicate
Paul Grewal, chief legal officer of Coinbase, made the announcement on May 23 that New York consumers may trade XRP on the crypto exchange again after a nine-month break. Grewal mentioned in a social media post: “XRP trading on Coinbase is available again in NY. We heard you and put
David Solomon, CEO and chairman of Goldman Sachs, forecasted that the Federal Reserve would not decrease interest rates this year. Since it is a highly volatile asset, Bitcoin reacts quickly to shifts in the economy as a whole. The global financial market is seeking solutions to wide questions, and David
The Shiba Inu (SHIB) cryptocurrency has recently demonstrated a change in its trading pattern, breaking through a persistent resistance level that had hindered its price growth for several weeks. This development signifies a crucial momentum shift for the digital asset, as it now aims for potentially higher targets. SHIB Breakout
This time it’s the Hong Kong Office of the Privacy Commissioner for Personal Data (PCPD) that is putting the brakes on Sam Altman’s iris-scanning startup Worldcoin (WLD). A recent development is that Worldcoin was found to have breached the privacy ordinance as per the Privacy Commissioner Chung Lai-ling. Consequently, they
The resolution of a security incident affecting one of Lido DAO’s Node Operators, Numic, has caused the token price of Lido DAO (LDO) to surge. At the time of writing, LIDO is trading at $2.21, up 14.61% in the last 24 hours, as per data from CMC. There has been
For its proposed Spot Ethereum ETF, Fidelity has filed a revised S-1 filing with the SEC in the US. This news comes as speculation about these ETFs’ possible clearance on May 23 continues to heat up. Also, it might increase the likelihood that Ether ETFs would be approved. The revised
Cardano (ADA) has been riding the wave of the recent cryptocurrency market rally, which has been led by Bitcoin (BTC). As Bitcoin breached the $71,000 resistance level yesterday, ADA also experienced significant gains, with its price spiking from $0.4646 to a daily high of $0.5090. Like most crypto assets, ADA
