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.
El Salvador’s Congress approved a legislative bill on Wednesday amending the country’s Bitcoin law in response to a $1.4 billion loan agreement by the International Monetary Fund, which conditioned approval on conditions that included keeping acceptance of the cryptocurrency voluntary instead of mandatory for businesses. The measure was sent by
Elon Musk’s Tesla (TSLA) reported a strong gain of $600 million and took benefit of a new accounting rule that allows firms to showcase the market value of their crypto assets. Tesla recently released its Q4 results, which showcased $600 million in profits via its Bitcoin holdings. As per Bitcoin
Texas is taking a bold step in digital asset adoption, with Lieutenant Governor Dan Patrick announcing that the establishment of a Texas Bitcoin Reserve is one of the state’s top legislative priorities for 2025. Senate Bill 21, which Patrick has placed at the forefront of the 89th regular legislative session,
Co-founder of Gemini crypto exchange and renowned crypto personality, Tyler Winklevoss made a public statement today. The exchange platform is not going to hire students or graduates from the Massachusetts Institute of Technology (MIT). However, the exchange might change its statement if Gary Gensler drops out from the Professor role
The U.S. Federal Reserve kept the interest rates unchanged on Wednesday, maintaining the benchmark lending rate within the range of 4.25% to 4.50%. Fed Chair Jerome Powell underlined that the policymakers are in no rush to lower rates. Besides, he stated that any adjustments would depend on further improvements in
The US SEC reviewed Canary Litecoin ETF filing earlier today. It opens a public comment period on the filing for a period of 21 days from the date of publication in the Federal Register. The crypto community is optimistic that the Litecoin ETF will get approval from the SEC. Investors
Cryptocurrencies are more popular among younger generations compared to older generations. The recent Gemini survey also confirmed the same after surveying around 6,000 adults across various countries. Furthermore, Gen Z is also the most optimistic generation when it comes to cryptocurrencies. Gemini’s State of Crypto Report revealed that more than
The Russian government and central bank reported that they successfully tested the CBDC for budget settlements. Apparently, the officials revealed the news one month after the actual trials. The Russian Finance Minister Anton Siluanov has been planning to test and launch the digital ruble for more than a year. The
The Sonic founder exposes SEC harassment behind his 2022 DeFi departure. In a recent blog post on Medium, Andre Cronje, founder of Sonic revealed the shocking truth about SEC. Andre Cronje says that back in 2021 SEC used to harass him and repeatedly scare him by sending threatening letters. Because
Senator Cynthia Lummis has filed an amicus brief backing Coinbase’s legal battle with the U.S. Securities and Exchange Commission (SEC). The Wyoming Republican accuses the agency of overstepping its authority and undermining Congress’s regulatory role. Lummis criticized the SEC’s enforcement-driven approach under former Chair Gary Gensler. She described it as
