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.
Months after the Terra Luna collapse in Q2 2022, the pace of crypto fundraising slowed, falling below $3 billion—a level it has yet to regain. October 2024, however, marked a bullish trend by reaching a 28-month peak with $2.45 billion in total fundraising. According to CryptoRank, total fundraising last month
The crypto industry has briefly recovered from the prolonged downside pressure. The global crypto market cap is up 2.7% to $2.3 trillion, over the day. Bitcoin, the leading cryptocurrency, experienced bearish pressure, and Ethereum followed. Despite this, the current market sentiment is in the neutral zone, at 50, according to
Binance and its former CEO, Changpeng “CZ” Zhao, have filed a motion to dismiss the SEC’s amended complaint against them. The motion, submitted on Nov. 4, accuses the SEC of failing to provide clear regulatory standards for the crypto industry. Binance’s legal team contends that the SEC’s approach contradicts a
Metaplanet Inc., a publicly listed investment firm from Japan, has joined the CoinShares Blockchain Global Equity Index (BLOCK Index). This marks Metaplanet’s first listing in a globally recognized equity index. The BLOCK Index, managed by CoinShares, tracks significant publicly traded companies driving blockchain and cryptocurrency innovation. With its inclusion, Metaplanet
Fidelity International and Citi have unveiled a proof-of-concept (PoC) for an on-chain money market fund (MMF) featuring a digital foreign exchange (FX) swap solution. This was announced ahead of the Singapore FinTech Festival 2024 happening from November 6–8. The solution jointly developed demonstrates the real-time settlement of tokenized MMF transactions
Bitcoin’s price fell below $69,000 on Nov. 3, triggering nearly $350 million in market liquidations as the U.S. presidential election draws closer. This marked the highest trading activity since Oct. 25, when Bitcoin struggled to hold above $70,000. Data shows that liquidations on Nov. 3 totaled $349.78 million. Long positions
The Monetary Authority of Singapore (MAS) is planning to advance tokenization within financial services through a series of new regulatory measures. These initiatives are designed to foster commercial networks, enhance market infrastructure, and establish standardized frameworks for tokenized assets. Besides, the MAS is facilitating the commercialization under Project Guardian by
The cryptocurrency market gears up for a crucial week; all eyes are on the upcoming FOMC interest-rate decision from the US Federal Reserve—set for November 7. This announcement is highly anticipated, as it could significantly impact market sentiment and outline the future of Bitcoin (BTC) and other altcoins. Current predictions
A crypto whale withdrew $5 million in USDC from Binance just 12 hours ago, making waves in the market. The funds are intended for a high-stakes bet on Kamala Harris winning the U.S. presidential election. A whale withdrew 5M $USDC from #Binance to bet on #Harris winning the #USelection 12
Heather Morgan, known in the music world as “Razzlekhan,” is set to be sentenced on November 15 for her involvement in laundering 120,000 bitcoins stolen from Bitfinex during a 2016 hack. Prosecutors have requested an 18-month prison term for Morgan, who pleaded guilty in August 2023 to one count of
