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 Securities and Exchange Commission is creating a new method to encourage cryptocurrency growth and still keep an eye on the fast-changing digital asset industry. Paul Atkins, the chair, announced that an “innovation exemption” framework could change how crypto companies function in the United States. Temporary Relief to Drive Market
Bitcoin treasury firm Strategy has acquired an additional 1,045 BTC for $110.2 million. This acquisition, made between June 2 and June 8, brings its total holdings to 582,000 BTC. The average purchase price was $105,426 per coin, according to a June 9 SEC filing. This marks the ninth consecutive week
Paris-based crypto firm, The Blockchain Group, announced that it intends to raise €300 million (approximately $342 million) in order to increase its Bitcoin treasury holdings. The raising begins to stand out as another step in the growing trends of institutional crypto adoption in Europe, while it further carves its identity
Malaysia’s been hit hard with RM3.4 billion gone, which comes out to around USD 723 million, all because of power being stolen for illegal crypto mining. That’s Ringgit Malaysia, the country’s own currency, just draining away while rogue miners run their setups off the grid and don’t pay a single
Michael Saylor, Executive Chairman and Co‑Founder of MicroStrategy, recently addressed concerns over quantum computing potentially breaking Bitcoin’s encryption. In a CNBC interview, he dismissed fears raised by firms like BlackRock that advanced quantum machines could render Bitcoin insecure. Saylor noted that anyone capable of building a quantum computer powerful enough to
The Avalanche blockchain has recently crossed 1 million daily transactions two times in the duration of one week. This milestone was the first time witnessed since February 2024. The transactions surpassed the mark on June 1 and on June 7. The overall transactions for the week starting June 2 touched
A DeFi platform on the BTC Network, Alex Protocol, has introduced a Treasury Grant Program to reimburse users impacted by the latest hack that led to more than $8 million in losses. On June 8, the platform’s announcement mentioned that the program will offer financial backing via a combination of
Bitcoin network transaction activity has dropped to its lowest point since October 2023, according to data from The Block. The seven-day moving average reached approximately 317,000 on June 6. This marked a 19-month low and came despite Bitcoin trading near its ATH value. According to data from YChart, on June
Pro-XRP lawyer John Deaton has sparked conversation in the crypto space by claiming that buying Bitcoin at $106K today is actually less risky than scooping it up at $25K. Posting on X, Deaton pushed back against the usual logic that cheaper automatically means safer. He points to shifts in the
In the last week, following Donald Trump and Elon Musk fallout, the crypto market showed some recovery, taking the price of Bitcoin near $105k. The data from CoinMarketCap shows that BTC is steady at $105k over the last day. But the analysts speculate that the current level at which the
