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.
December 12, 2024, over $1.76 billion has been wiped out from the global crypto market. In the last 24 hours, 584,000 traders closed their positions in multiple cryptocurrencies including BTC, ETH, SOL, and XRP. This large liquidation comes as Bitcoin surges above $100K once again. After reaching the most awaited
The largest bank in the UAE, First Abu Dhabi Bank (FAB), has partnered with Libre Capital, a tokenization expert, to transform the use of real-world assets (RWA) as collateral in lending. This collaboration is designed to enhance collateralized lending practices by leveraging tokenized versions of traditional investment assets. Notably, the
After moving in a narrow range over the past few weeks, Solana (SOL) is teasing a breakout above a crucial resistance level. Meanwhile, Dogecoin (DOGE) and newcomer Cutoshi (CUTO) are seeing an influx of new holders as meme season continues to rule the market. Solana Dips But Whales Step In
XRP is bouncing back after a brief dip, gaining momentum alongside Monero and Lunex Network. Monero’s focus on privacy has sparked growing interest, driving its recent surge. Lunex Network is also rallying, thanks to its cutting-edge DeFi features. Together, these gains highlight renewed optimism in the crypto market for savvy
The much-awaited Magic Eden’s $ME token generation event (TGE) pre-sale is live today. Magic Eden is the most popular NFT marketplace on Solana, with a total trading volume of $2.89 billion for 23.07 million sales. As the NFT market showed signs of revival, the timing of the Magic Eden $ME
Crypto investment products recorded their largest-ever weekly inflows of $3.85 billion last week, according to CoinShares. The surge surpassed the previous record of $3.12 billion set only weeks ago. Bitcoin led the inflows, attracting $2.5 billion and bringing its year-to-date (YTD) total to $36.5 billion. Short Bitcoin products saw only
The Asian world has risen to a market crash in cryptocurrency and Bitcoin receding to the $96K level. This came as quite a shock to the community members, who had been expecting upward movements in prices. Meanwhile, regarding institutional adoption, a Russian official has appealed for the government to initiate
Anton Tkachev, a State Duma deputy from the New People party, sent an official proposal to Finance Minister Anton Siluanov, urging the government to consider Bitcoin an alternative reserve asset. In his appeal, Tkachev argued that traditional currency reserves, including the dollar, euro, and yuan, face risks like inflation, sanctions,
Cryptocurrency investment products saw a record surge in inflows, with $3.85 billion invested during the week of December 2–6, 2024, according to CoinShares. This new milestone surpasses the previous record of $3.12 billion set in November when BTC was priced at $98,000. The inflows coincided with Bitcoin’s historic rise above
The integration of artificial intelligence (AI) with cryptocurrency is reshaping the crypto landscape, sparking a wave of innovation, volatility, and intrigue. While the idea of combining cutting-edge AI technology with decentralized finance seemed like a futuristic concept not long ago, it’s now a defining force in the market’s evolution. AI’s
