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 net outflow of $812.25 million from spot Bitcoin exchange-traded funds (ETFs) on Friday was the second-biggest loss in a single day for these products. Cumulative net inflows dropped to $54.18 billion as the downturn reversed a week of consistent increases. According to SoSoValue, the total assets under management fell
ARK Invest has increased its holdings in BitMine Immersion Technologies, a Bitcoin miner, and Coinbase, a prominent US crypto exchange, by taking advantage of the current stock market downturn. Cathie Wood-led business increased its holdings in Coinbase (COIN) by 94,678 shares across three of its funds: ARK Innovation ETF (ARKK),
GEMtrust DAO, a blockchain-based platform focused on democratizing access to historically valued asset classes, has announced the launch of the GEM DiCom token as a new digital commodity. The GEM DiCom, an ERC-20 token, is the first digital commodity to harness the market influence of a verifiable, investment-grade gemstone portfolio
The Metaplanet, a Japanese investment company, has announced a grand plan to issue perpetual preferred shares worth $3.7 billion. The financing program is expected to propel the aggressive Bitcoin buy-up program of the firm to a greater extent. This proposal will be voted on by shareholders in an Extraordinary General
Net income increased by 105% to $386 million, while total net revenue increased by 45% to $989 million. Trading volumes for Robinhood’s cryptocurrency increased by 32% to $28 billion, contributing to a 21.7% jump in the overall crypto market valuation to $3.36 trillion. This growth follows Robinhood’s acquisition of Bitstamp.
The central banking authority in Bolivia has entered into a strategic alliance with the digital asset regulatory commission in El Salvador to fast-track the adoption of cryptocurrency in the country. The partnership marks a transition of Bolivia to a more liberal crypto policy, to a more progressive policy of digital
Web3 games offer several advantages over their Web2 predecessors, including greater data ownership and control, more privacy, and reduced reliance on centralized authorities. Decentralization involves distributing control, power, and decision-making across a network of nodes, a structure that minimizes the risk of censorship. One significant disadvantage of centralized gaming platforms
The central banking authority in South Korea has declared the establishment of a special virtual asset supervisory committee. At the same time, the Bank of Korea reorganized its research units on digital currencies to speed up the practical implementation work. These tactical actions are a sign of the changing attitude
Cathie Wood’s ARK Invest expanded its exposure to BitMine Immersion Technologies on Monday by purchasing over $20 million worth of shares across three of its actively managed ETFs. Acquires Over Half a Million BitMine Shares According to ARK’s daily trading reports, the ARK Innovation ETF (ARKK) acquired 401,318 BitMine shares.
The management of CoinDCX has vehemently rejected the rumours of a possible acquisition by the American cryptocurrency giant Coinbase. CEO Sumit Gupta denied publicly that the Indian exchange was in talks of a $900 million acquisition deal. The rumours came after a major security breach, which resulted in the platform
