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.
Osprey Funds, a digital asset manager, has sued Grayscale Investments, the operator of the biggest Bitcoin trust, in a U.S. court. Alleging that Grayscale Investments lied about the trust’s potential to convert into an exchange-traded fund (ETF). In court filings filed in Connecticut Superior Court. Osprey, which manages a competing
The fashion industry is abuzz with a new collaboration between SHIB and Richmond, in the form of an exciting Shiba Inu-themed clothing collection. The collection contains a range of apparel items such as t-shirts, hoodies, and joggers, designed to showcase the attractive characteristics of the Japanese breed. Each piece is
Investment management business New York Digital Investment Group’s (NYDIG) debt to Bitcoin mining firm Greenidge Generation Holdings has been drastically decreased. Greenidge transferred Bitcoin mining gear and some credits to NYDIG. As part of a series of agreements signed with NYDIG on January 30 relating to Greenidge’s secured debt. As
Due to the FTX breakout, the crypto lending platform BlockFi filed for chapter 11 bankruptcy protection on November 28, 2022. On Monday, the company got approval from the United States Bankruptcy Court for the District of New Jersey to hold an auction for its crypto-mining assets. The company wants to
Profits from Bitcoin continue to grow. Revenue from mining payouts and transaction fees for Bitcoin miners increased by 50% in the first month of 2023. Bitcoin mining profits fell below $14 million on December 28 of 2022, the first time it has happened since October 2020. Financial strain was put
As the cryptocurrency market continues to evolve, so do the strategies utilized by crypto traders. Recently, a seasoned crypto trader identified an emerging trend in the altcoin market. This could have significant implications for traders looking to capitalize on the volatile market. Moreover, this savvy trader noticed that certain altcoins
Since being of 2023, the global crypto market witnessing a bullish trend. As the prolonged bearish cryptocurrency, League Of Kingdoms’ governance token LOKA, trading with the fifth week of ‘green candle’. At the time of writing, LOKA traded at $0.930328, with a price surge of over 70% in the last
As the central bank of Nigeria has been actively encouraging its people to switch to digitalized currency, the price of Bitcoin premium in the country has risen to unsustainable heights. The current price of one bitcoin on the Nigerian cryptocurrency market NairaEX is 17.8 million Naira, or $38,792. Compared to
The disagreement over Panama’s crypto legislation has allowed the Supreme Court of that nation to rule on the future of the nation’s crypto market. The so-called “crypto bill” submitted to the high court for review on January 26 by Panamanian President Laurentino Cortizo. He said it violated the fundamental values
The Justice Ministry of South Korea has announced that a “virtual asset tracking system” would be implemented in the country during the first half of 2032. As a means to combat money laundering and retrieve stolen funds, South Korea is looking to cryptocurrencies. According to official statistics, 75% of all
