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.
Ripple CEO Brad Garlinghouse has made it clear that Ripple will fight the U.S. Securities and Exchange Commission’s (SEC) appeal for as long as necessary. The SEC is appealing a court decision from July that ruled XRP’s programmatic sales were not securities. This ruling had been a partial win for
Bitwise, a cryptocurrency asset manager, has formally applied to the US Securities and Exchange Commission to become the first spot XRP exchange-traded fund (ETF). The filing states that, after the Bitwise XRP ETF receives SEC clearance, it will provide investors access to the value of the XRP owned by the
In an effort to make sure the stablecoin works well when it launches, Ripple has minted an additional 1.35 million RLUSD to the XRP Ledger. Ripple is gearing up for a crucial period of regulatory reviews and market integration, which is when this development occurs. With 2.45 million RLUSD created
Australian police have seized $6.4 million in cryptocurrency tied to a global criminal group. The seizure was part of “Operation Kraken”, a long-running investigation. Authorities revealed that the funds were linked to the group’s alleged leader. Operation Kraken is a collaborative effort involving Australia and international law enforcement. However, the
The US economy shrank last month, according to the most recent US PMI data from S&P Global, which caused a decline in the price of bitcoin today. The data indicates that the US manufacturing PMI was about 47, a little lower than the number from the prior month. Notably, traders
In September 2024, the cryptocurrency industry faced significant security breaches, resulting in losses exceeding $120 million. Various attacks targeted centralized exchanges and DeFi platforms, raising alarms about security measures in the industry. PeckShield, a blockchain security company, reported that multiple exchanges suffered during this wave of hacks. Notably, the BingX
Ethereum co-founder Vitalik Buterin has stepped in to defend Polymarket, a decentralized prediction market, following criticism over its betting options related to the ongoing conflict in the Middle East, particularly concerning Hezbollah. The platform features bets on significant events, such as potential Israeli military actions and ceasefires, which some critics
The retail investing platform Robinhood announced the launch of cryptocurrency transfers for its European users. This enables the Robinhood customers to deposit and withdraw more than 20 cryptocurrencies, including major assets like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and USD Coin (USDC). Moreover, for a limited time, the platform offers
The cryptocurrency exchange Gemini, run by the Winklevoss brothers, announced the closure of all customer accounts in Canada. The decision follows the recent Canadian Securities Administrators (CSA) tightened regulations for crypto exchanges and trading platforms operation in the country. The exchange informed the Canadian users through email notice on September
The crypto market shed millions of dollars and consolidated with negative sentiment. However, the end of Q3 2024 presented the market with bullish cues. Following Binance founder CZ’s release, Bitcoin (BTC) climbed to $64K, catalyzing multiple altcoin rallies. On that positive note, the market marches into Uptober—a bullish October when
