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.
Gemini, a cryptocurrency exchange, has asked US authorities to shelve a proposal that would outlaw event contracts on decentralized prediction markets if it were to pass. In a letter sent to Christopher Kirkpatrick, secretary of the US Commodity Futures Trading Commission (CFTC), on August 8, Gemini emphasized the negative effects
Starting in 2026, taxpayers will be able to report digital asset transactions using an updated draft form provided by the United States Internal Revenue Service (IRS). The Internal Revenue Service (IRS) published a revised Form 1099-DA, “Digital Asset Proceeds From Broker Transactions,” on August 8th. The form would enable US
In response to Celsius Network’s Bitcoin (BTC) fraud accusation, stablecoin issuer Tether has declined to assume responsibility. The chief executive officer of the company, Paolo Ardoino, provided a clear account of what happened between them. Celsius Network has sued the USDT issuer and its related organizations, claiming that they were
Notable crypto market activity occurred on August 9 when Ark Invest, run by Cathie Wood, sold off a large chunk of its Ethereum futures exchange-traded funds. The outcome of this judgment can be bad news for Ether ETPs on the market. Also, in light of the increasing withdrawals from spot
The crypto market saw several key actions in the Ripple vs. SEC lawsuit this week. Ripple’s chief legal officer, Stuart Alderoty, recently asked Kamala Harris to end the SEC’s war against cryptocurrency. Meanwhile, the XRP token exhibits a price increase of 0.80% after showing notable surges on August 8. Notably,
This past week’s financial market selloff is proof that market participants are worried about a US recession. Even if some experts have eased worries about the economy, helping the market as a whole recover. Others are still waiting for further signs before jumping into the investing field. Put another way,
Dismissing all scam rumors, Donald Trump Jr. clearly asserts the new crypto entrant, Restore the Republic (RTR), is “not a memecoin” linked to Trump or his family. After the revelation, the value of RTR crashed 95% from the first post-launch peak. The ongoing US Presidential race and Donald Trump’s pro-crypto
The cryptocurrency sector has witnessed an increasing number of scams in the past few months. The recent WazirX hack caught market attention over the loss of its $230 million funds. Amid such various reports, the China-based OKX exchange announced a new measure to prevent hacker activity. Notably, OKX exchange’s CEO
A piece of legislation to legitimize Bitcoin (BTC) and crypto mining was adopted by Russian President Vladimir Putin on August 8th. As part of its foreign policy, the nation is working to lessen its need for the US currency. Approved mining enterprises will be able to register via a state
Final clearance for the $12.7 billion repayment to FTX creditors as part of the settlement with the US Commodity Futures Trading Commission (CFTC) was given by a New York court for the now-defunct crypto exchange FTX and its sister trading business Alameda Research. Judgment on the $12.7 billion settlement agreement
