Market News

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.

Mt Gox Transfers 12,000 BTC Worth Over $1B As Bitcoin Regained $92K

Mt Gox moved around 12,000 Bitcoins today to different wallet addresses. Since its bankruptcy filing in 2014, several creditors are awaiting their repayments. As per its announcement in October 2024, the repayment deadline extended to October 31, 2025. Mt. Gox just transferred 166.5 $BTC($15.05M) again, probably to #BitGo.https://t.co/Szb0IPe5slhttps://t.co/9KFOv9tjay pic.twitter.com/VQ2UNlIyIr —

March 6, 2025 2 mins read

Animoca Brands Record $314 Million Revenue by December 2024

Animoca Brands published a report detailing its revenue statistics for the last year. For FY2024 and Q4 2024, the firm recorded significant growth, and its co-founder Yat Siu expects the same in 2025. Even though several business units of teh firm, such as Moca Network, The Sandbox, and others, recorded

March 5, 2025 1 min read

Are Tether USDT Custody and Transfers Not Restricted Under MiCA?

Markets in Crypto Assets (MiCA) came into effect on December 30, 2024 to regularize the crypto industry in Europe. The increasing adoption and recognition of digital assets has made it mandatory to bring clear regulatory policies. However, its guidance over stablecoin issuance is unclear so far. The issue came to

March 5, 2025 2 mins read

South Korea’s FIU Announces Tightening AML Laws Amid Crypto Crimes Surge

Cryptocurrency hacks have been far from reducing over the past months. Following a short dormancy during the end of 2024, the sector witnessed the huge Bybit hack in February. This hack occurred on February 22 and experienced a loss of $1.4 billion worth of funds. Particular investigators alleged that the

March 5, 2025 2 mins read

Metaplanet Ramps Up Bitcoin Strategy With 2 Billion Yen Bond Issuance

Metaplanet Stock Surges 20% After Purchasing 497 Additional Bitcoins

Metaplanet stock price jumped more than 20% today after the firm announced its latest purchase of 497 Bitcoins. Japan’s firm has been circling around the media for its relentless BTC purchase since last year. Despite the market price swings triggered by Trump’s tariffs and crypto announcements, Metaplanet remains committed to

March 5, 2025 2 mins read

Mexican Billionaire Ricardo Salinas Allocates 70% of Portfolio to Bitcoin

Mexican billionaire Ricardo Salinas has allocated 70% of his total investment portfolio to Bitcoin and Bitcoin-related assets. During his March 4 Bloomberg interview, the founder and chairman of Grupo Salinas discussed his current investment strategy. During 2020 Salinas maintained Bitcoin as 10% of his portfolio, but he increased his holdings

March 5, 2025 2 mins read

SEC Drops Lawsuit Against Cumberland DRW Over Unregistered Securities Trading

The U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its lawsuit against Chicago-based crypto trading firm Cumberland DRW. The firm announced the decision in a March 4 post on X, stating that both parties had signed a joint filing to dismiss the case. The SEC initially sued Cumberland

March 5, 2025 2 mins read

Top Crypto Executives and CEOs to Attend White House Crypto Summit

Donald Trump is known for his pro-crypto stance ever since he started campaigning for his elections in 2024. To fulfil his promise of making the US a crypto capital of the globe, he is taking several initiatives. From signing an EO to bring crypto-friendly policies to scheduling the first White

March 5, 2025 2 mins read

Reddit Co-Founder Alexis Leads the Charge to Decentralize TikTok

In a groundbreaking move that could reshape the social media landscape, Reddit co-founder Alexis Ohanian has officially joined Project Liberty’s consortium to acquire TikTok’s US operations. Ohanian joins this consortium with a revolutionary vision of decentralizing the platform through blockchain technology. The Alexis Ohanian involvement was first reported by Reuters

March 5, 2025 2 mins read

FTX and Alameda Unstake $431M in Solana Amid Customer Repayments

FTX and Alameda Research unstaked 3.03 million Solana (SOL) tokens worth $431 million. This marks their largest SOL unlock since November 2023. The tokens were distributed to 37 wallets, with deposits likely made to Coinbase and Binance. Since November 2023, FTX and Alameda have unstaked and offloaded 7.83 million SOL,

March 4, 2025 2 mins read