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.
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
President-elect Donald Trump’s team has interviewed former SEC Commissioner Paul Atkins as a candidate to replace Gary Gensler as SEC Chairman. Atkins, a Republican commissioner during the George W. Bush administration, is known for his pro-innovation stance on cryptocurrency and financial regulation. Trump is expected to announce his decision in
Donald Trump’s victory in the U.S. presidential election earlier this November has ushered in a long-awaited bull market for the crypto industry, driving Bitcoin to new all-time highs. Recently, as Trump nominated several crypto-friendly figures to his cabinet and SEC Chair Gary Gensler resigned, the crypto community has become increasingly
The global cryptocurrency exchange, OKX, has announced a partnership with Forteus, a digital asset management firm, and Komainu, a regulated digital asset custody provider. This collaboration has focused on addressing the need for efficient and compliant solutions in institutional crypto trading. Notably, by utilizing the custody services of Komainu alongside
While the crypto market is contending with its recent downward movement, the sector has seen diminished regulatory drama this week. This past day has seen the Donald Trump administration planning to extend the role of CFTC within the crypto industry. Notably, the Oracle Corporation has stirred market attention on the
One of the largest crypto asset management companies, Bitwise has proposed a mix-crypto ETP consisting of both Bitcoin and Ethereum, weighted by market cap. NYSE Arca filed a 19b-4 form to list this product. Bitwise is a crypto specialist asset manager with more than $11 billion in client assets and
The current developments in the cryptocurrency market are mostly driven by big triggers such as Trump’s election win, which spurred a rally across Bitcoin (BTC) and other cryptocurrencies, according to a new institutional report published by DWF Labs. The analysis provides crucial insights into the recent patterns in the market. A
Financial Conduct Authority (FCA) has revealed that 12% of UK adults now own crypto assets, marking a rise from 10% in 2022. BaseFCA’sa survey of 2,199 UK adults, the FCA’s latest research highlights an unprecedented growth in cryptocurrency adoption, with over seven million UK residents now holding digital assets, up
Schuman Financial, a cryptocurrency firm founded by former Binance executives Martin Bruncko and Eduardo Morrison, has launched EURØP, a euro-backed stablecoin. This move comes as Europe prepares for the final enforcement deadline of the Markets in Crypto-Assets Regulation (MiCA) at the end of 2024. EURØP is a 1:1 pegged stablecoin,
