In this category of NewsCrypto, you will find news covering the whole cryptocurrency market and delivering the most recent developments in the industry. The market news section is constantly updated by a team of writers worldwide, who work tirelessly to bring you the most up-to-date information. Investors, standard readers, and financial lovers worldwide may find the most up-to-date information about the cryptocurrency and blockchain industry in the market news area. The website focuses on providing readers with unbiased information on current crypto market movements.
The bankruptcy administrator of Terraform Labs has filed an enormous lawsuit against Jump Trading, claiming damages of up to 4 billion US dollars in connection with the collapse of the Terra ecosystem in 2022. The suit was brought against the trading company and its main executives, such as co-founder William
The world cryptocurrency market has gone through a major decline this week, as the total market capitalization fell to 2.93 trillion in the trading session of Thursday. This is the lowest since April and a significant loss of gains made over the course of the year, as CoinGecko data shows.
Next year the cryptocurrency investment environment is set to undergo a big change. Projections are showing that there will be more than 100 new exchange-traded products launched. Nevertheless, a few voices in the industry have expressed their concern that a large number of these products will be unable to continue
The potential removal of crypto treasury firms from MSCl’s indexes by Morgan Stanley Capital International is estimated to throw the market into a frenzy to a large extent. Various industry organizations are cautioning that if the policy is carried out, involuntary sell-offs might total up to $15 billion. The policy
Hong Kong’s premier cryptocurrency exchange HashKey Holdings started trading on the Hong Kong Stock Exchange after a successful IPO that raised $206 million. The firm has made an important step by leading the way as the first company in Asia dealing with digital assets that went public through a Hong
The Himalayan kingdom is set to use a big part of its crypto assets to establish a one-of-a-kind economic hub in southern Bhutan. The Kingdom of Bhutan plans to utilise a significant portion of its national cryptocurrency assets, specifically 10,000 Bitcoins, for the development of Gelephu Mindfulness City, a new
Bitwise Solana Staking ETF (BSOL) saw the first instance of a capital withdrawal since its debut. This is a notable shift in sentiment among institutional investors in a generally uncertain cryptocurrency market environment. The information released by Farside Investors data indicates that on December 16, BSOL experienced outflows of $4.6
On Monday, there was a liquidation event in digital asset markets, which wiped out more than $584 million leveraged positions across major cryptocurrency exchanges around the globe. The abrupt unraveling surprised almost 182,000 traders, and the bullish bets suffered the brunt of losses in the thin trading market. Bitcoin collapsed
Cybersecurity analysts are raising the alarm about a complex scam against cryptocurrency users by using fraudulent Zoom video calls organized by North Korean hackers. According to Security Alliance, a nonprofit cybersecurity organization, such attacks are currently happening several times a day, and victims lose access to their digital property and
Strategy Executive Chairman Michael Saylor has also alluded to another big Bitcoin acquisition as the cryptocurrency is under fresh selling pressure. Bitcoin fell to $87,600 on Sunday, the lowest point in two weeks since early December. Since then, the digital asset has been reclaiming more than $89,000, yet market volatility
