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.
Operation Chokepoint 2.0 is a government-run debanking campaign targeting the cryptocurrency sector, as per David Schwartz, chief technical officer of Ripple, is among the industry executives who have spoken out against it. According to Schwartz, the government is “addicted to indirect regulation.” And de-banking causes the rule of law to
South Korea’s Democratic Party has agreed to postpone the implementation of the country’s cryptocurrency gains tax for another two years, reversing its previous position on the matter. Korea Democratic Party (KDP) floor leader Park Chan-dae revealed on December 1st that the KDP has agreed to a two-year suspension on the
Central Bank of Brazil Proposes Restrictions Brazil’s Central Bank (BCB) has proposed new rules that could change how people use stablecoins. The proposal suggests banning centralized crypto exchanges from letting users withdraw stablecoins, like Tether (USDT), to self-custody wallets. Users store their digital assets in these wallets instead of relying
RLUSD Receives Approval from NYDFS According to Fox Business Report, Ripple Labs, a company known for its cross-border payment solutions. Is getting ready to launch its stablecoin, RLUSD, after receiving approval from the New York Department of Financial Services (NYDFS). The stablecoin pegged 1:1 to the US dollar, is expected
Rich Dad Poor Dad author Robert Kiyosaki made another post on X reconfirming his belief in Bitcoin. He says FOMO is good as Bitcoin is on the verge to reach $100K. Kiyosaki has multiple times endorsed Bitcoin investments and calls “Cash is Trash,” as he stated in his book. THE
In the next two to three years, according to Charles Hoskinson, founder of Cardano, decentralized finance (DeFi) inside the Bitcoin ecosystem will surpass all other cryptocurrencies. In addition to making an audacious price forecast, he showcased a novel model for bridging Bitcoin that does not rely on centralized exchanges and
Justin Sun, the founder of TRON, made headlines by eating a $6.2 million banana artwork at an event in Hong Kong. The conceptual piece, titled Comedian by Italian artist Maurizio Cattelan, features a banana duct-taped to a wall. Sun purchased the artwork at a Sotheby’s auction after six minutes of
While the digital assets sector is still wading through positive waves, another tide has arrived in the form of Russian regulations. After several years of combating unsteady and obscure regulations, the crypto industry is finally seen in a new light. Following the US elections and bullish cycle, the global economy
Investor interest in assets on the Ethereum network is driving the ecosystem’s value rise. The cumulative total value locked (TVL) in Ethereum layer-2 (L2) networks has surpassed $51.5 billion, setting a new record. According to L2beat statistics, total TVL has increased by more than 205% from $16.6 billion in November
On November 27, 2024, Russia’s Federation Council approved a crucial bill outlining the taxation framework for digital currencies. The legislation follows approval from the State Duma, the lower house of parliament, the day before. With President Vladimir Putin’s expected signature, the bill will soon become law, officially establishing new rules
