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 European Central Bank (ECB) has raised its benchmark interest rate by 0.5% points and said it would do the same in March, in contrast to the Federal Reserve’s 0.25% hike. This was done because of expectations that inflation would remain high in light of continued brisk economic expansion in
In an opinion piece titled “Why America Should Ban Crypto,” which was published in the Wall Street Journal, Vice Chairman of Berkshire Hathaway Charlie Munger urged the American government to ban cryptocurrency. Murger stated: A cryptocurrency is not a currency, not a commodity, and not a security. Murger added that
The Ethereum price hit a new all-time high of $1,700 on Sunday, setting a new benchmark for the leading cryptocurrency. Therefore, signaling that ETH is poised for further upside. The landmark milestone was achieved as the Ethereum network continues to gain widespread adoption from institutions and retail investors alike. Fueled
Embezzlement accusations have resulted in the arrest of the presumed true owner of Bithumb, South Korea’s biggest cryptocurrency exchange. Media outlets in his own country claim that Kang Jong-hyun was taken into custody on suspicion of embezzlement on February 2. Moreover, on January 25th, the Seoul Southern District Court issued
In its most recent meeting, the Federal Reserve Board decided to increase interest rates by another quarter of a percentage point. At this meeting, the Fed implemented its smallest interest rate rise since March 2022, signaling a moderation in the pace of its rapid tightening throughout 2022. As the Fed
While operating losses for Meta’s Reality Labs division reached their high in 2022, its founder and CEO, Mark Zuckerberg, claims the company has no intentions to change its long-term metaverse strategy. Meta CEO Mark Zuckerberg has gone in a few months for promoting the metaverse as his company’s future approach
With an airdrop of coins to early backers, NFT marketplace SudoSwap announced the launch of its native governance token, SUDO. This shift coincides with a recent uptick in NFT trading volume, after a pause that was part of a larger decline in crypto activity. On January 30th, SudoSwap announced the
STASIS, the leading euro stablecoin issuer, releases Sellback 2.0, a comprehensive fiat on-and-off ramp platform. Sellback 2.0 comes with a revamped user interface (UX) for Sell/Buy, KYC, and API features. Gregory Klumov, CEO and founder at Stasis, commented that “At STASIS, we believe that making crypto on/off ramp as convenient
Despite its widespread recognition as the pioneering NFT ETF, NFTZ has decided to close its doors. Defiance ETFs has said that as of February 28, they would “close and sell” its Defiance Digital Revolution ETF (NFTZ). Sylvia Jablonski, the co-founder of Defiance ETFs and Chief Investment Officer, predicted that NFTs
In an attempt to reclaim $445.8 million in loan payments made by FTX before declaring for bankruptcy, the defunct cryptocurrency exchange reportedly sued crypto lender Voyager Digital on Monday. Voyager declared bankruptcy in July, and FTX followed suit in November. According to the legal documents, FTX said that it had
