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.
Scott Bessent, a billionaire hedge fund manager and vocal crypto supporter, has officially become the 79th US Treasury Secretary. The Senate confirmed his nomination with a 68-29 vote, following President Donald Trump’s recommendation. Bessent succeeds Janet Yellen and takes office at a crucial time for US fiscal and crypto policy.
Global crypto investment products such as iShares, Grayscale, Fidelity, Bitwise, CoinShares, BlackRock witnessed $1.9 billion inflows last week. CoinShares reports that a recent crypto executive order, aimed at making the US a crypto capital, is the major driver behind the fund inflows. Even though several altcoins witnessed increased fund inflows,
The cryptocurrency market encountered turbulence, falling by 6.31%, bringing the total market cap down to $3.37 trillion. This decline follows a series of events, including the rise of the Chinese AI app, Donald Trump and Bitcoin. DeepSeek, a Chinese AI application, has disrupted the market by outperforming ChatGPT, despite being
The meme coin FAFO Barron, based on Solana, skyrocketed 250% in hours on January 27, 2025, after a post by Donald Trump. Around the same time, Visa’s official Facebook page had been compromised and was used by the platform to run an ad for a suspicious crypto token before the
The Trump family’s crypto project World Liberty Financial has been making headlines for numerous times, gaining attention across the industry. Being backed by the President of the US, WLFI project combined with the TRUMP memecoin, brought a new facet to the crypto market. To celebrate Donald Trump’s inauguration as the
Brazil has banned Worldcoin (WLD) from offering cryptocurrency or financial incentives in exchange for biometric data. The National Data Protection Authority (ANPD) enforced the directive on January 25, following a detailed investigation that started in November 2024. The Brazilian DPA issued a temporary ban on Worldcoin's iris-scanning venture. pic.twitter.com/keYaZRgx98 —
Russia’s state-owned energy giant, Rosseti is spearheading an ambitious initiative to enter the Bitcoin mining sector. The company plans to maximize “underutilized power facilities” to power cryptocurrency mining operations, to improve grid efficiency and as a revenue stream. “The Rossetti Group is the largest grid company in Russia. We can
During the weekend before his inauguration, President Trump’s associated memecoin $TRUMP was the talk of the cryptocurrency world and beyond. Late Friday, Trump revealed the Solana-based memecoin via his Truth Social and X accounts. The post read: “My NEW Official Trump Meme is HERE! It’s time to celebrate everything we
Trump Influence on Crypto Recently, Coinbase CEO Brian Armstrong commented on the effect of President Donald Trump on cryptocurrency. He noted that most the discussion at the World Economic Forum in Davos concerned Trump’s plans for cryptocurrency, particularly his vision of a “Strategic Bitcoin Reserve.” According to Armstrong, Trump is
President Donald Trump has reignited crypto discussions with his push for a national digital asset reserve. Initially focused on creating a Bitcoin-centric stockpile, Trump’s strategy has shifted toward a broader reserve, including altcoins like XRP. This move has divided the crypto community, sparking debates over political influence, lobbying, and the
