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.
Reportedly, after Donald Trump’s victory in the US presidential election in November, the number of South Korean crypto holders rose. The number of cryptocurrency users in South Korea rose by 610,000 in November, according to Yonhap News, a South Korean media organization that published the statistics on December 25. Democratic
Investors are paying close attention to the well-known dog-themed meme cryptocurrency, SHIB, because of the recent spike in the burn rate. Amidst recent ecosystem events, there has been considerable optimism around the meme coin. Due to recent burn statistics showing that millions of coins were removed from the token’s circulation.
In response to encouraging legislative developments in other world-class jurisdictions, including Europe, Turkey passed new cryptocurrency regulations in the last week of 2024. According to a document published in the Official Gazette of the Republic of Turkey on December 25. Customers who conduct transactions over 15,000 Turkish liras ($425) would
Do Kwon, co-founder of Terraform Labs, was previously granted an additional legal avenue when the Constitutional Court of Montenegro allegedly rejected an appeal by the Korean cryptocurrency tycoon over his extradition. Korea JoongAng Daily reports that the court’s unanimous verdict essentially upheld an earlier finding supporting Kwon’s extradition. By citing
As many countries, including the United States, show growing support for cryptocurrency, India’s Ministry of Finance recently discussed its views on Decentralized Finance (DeFi), highlighting both its promise and the challenges it poses. In response to a question in the Rajya Sabha, Pankaj Chaudhary, Minister of State for Finance, acknowledged
Ripple’s RLUSD stablecoin has officially debuted on Singapore’s first licensed crypto exchange, Independent Reserve (IR). The stablecoin became available on December 22, 2024, for trading against the Singapore dollar (SGD) and the US dollar (USD). This launch highlights Singapore’s growing role as a hub for crypto innovation and regulation. Independent
The UAE is witnessing a remarkable surge in cryptocurrency investments. According to a recent eToro survey, 37% of UAE investors plan to increase their crypto investments in 2025. Bitcoin and stablecoins, such as Tether, continue to dominate the market. From 2023 to June 2024, the UAE saw a $34 billion
India is losing significant revenue due to its current crypto taxes policies, as revealed in a report by the Esya Centre. The country missed out on ₹6,000 crore in taxes as crypto traders moved to foreign platforms. If the policies remain unchanged, India could lose an additional ₹17,700 crore over
The Russian government plans to ban crypto mining activity in 10 selected regions to reduce energy consumption. For over 6 years, people in these regions will not be able to mine digital currencies and also participate in mining pools. As per the local new agency TASS, Russia bans crypto mining
The cryptocurrency market is starting to cool down gradually. Bitcoin has dropped below $93,000 today. Although many traders started to panic, this is the most common correction. It was the same in 2020, before the new year, when Joe Biden won the presidential election. After the correction, the market started
