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.
In a major signal of growing institutional trust in digital assets, BlackRock has purchased $8.65 million worth of Ethereum (ETH) through Coinbase, according to a tweet by Crypto Rover on May 19, 2025. This strategic buy, which took place when ETH was trading at about $3,100, gives Ethereum’s upward run
BlackRock’s spot Bitcoin ETF now holds 631,962 BTC, worth approximately $65 billion. This highlights the asset manager’s dominance in the crypto ETF space. It also signals growing institutional trust in Bitcoin as a legitimate investment asset. Since its launch, BlackRock’s iShares Bitcoin Trust (IBIT) has attracted consistent inflows. These inflows
An Alabama man, Eric Council Jr., has been sentenced to 14 months in prison for his role in the January 2024 hack of the SEC’s official X account. The hack led to a false post claiming the SEC had approved spot Bitcoin ETFs, causing rapid market fluctuations. Council, 26, from
Galaxy Digital officially began trading on the Nasdaq exchange on May 16. The stock opened at $23.50 per share under the ticker GLXY, following a direct listing. The crypto and AI-focused company had previously traded on the Toronto Stock Exchange since 2020. CEO Mike Novogratz called the listing process “unfair
In a world where cyberattacks are becoming increasingly sophisticated, Binance and Kraken have successfully fended off social engineering hack attempts, showcasing their cybersecurity resilience. Such incidents, as covered by Bloomberg, were phishing in nature, similar to the recent hacking at Coinbase. But due to active protection and swift internal action,
Recent incidents involving Movement Labs’ MOVE token and Mantra’s OM token have upset the crypto market-making world. Because of these high-visibility collapses, alleged involving private trading by team members, hidden unlocks of tokens and quiet selling on the secondary market, the industry is seriously reconsidering how it handles liquidity. The
The US Securities and Exchange Commission and Everstake are in discussions to explore clearer regulatory definitions revolving around taking and blockchain networks. Recently, both bodies held a meeting related to the Crypto Task Force of the SEC. The meeting was followed by the staking of more than 193 billion dollars
The United States has lost its final top-tier credit rating following Moody’s downgrade from Aaa to Aa1 on May 16. This is the first instance since the establishment of modern credit ratings that all major agencies no longer rate the country at the top level. High debt loads and growing
World Liberty Financial (WFLI), the DeFi startup co-founded by Zak Folkman and Eric Trump, has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to extend its flagship stablecoin, USD1, across major blockchains. USD1, launched just months ago, has soared to a $2 billion market cap, ranking among the top five stablecoins. Initially
The crypto industry has been witnessing a huge shift ever since Donald Trump started his presidency in the United States in 2024. Apart from promising to make the US a crypto capital, Donald Trump swiftly ventured into the industry and started several projects. His “Official Trump” memecoin and DeFi project,
