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.
BIT Mining Ltd., formerly known as 500.com, has agreed to pay a $10 million penalty to resolve allegations of violating the Foreign Corrupt Practices Act (FCPA). The charges stem from a bribery scheme aimed at influencing Japanese government officials to secure a casino license between 2017 and 2019. Former CEO
A new record of $33.5 billion has been reached so far this year by global crypto funds managed by global asset managers. According to CoinShares, these funds have now had net inflows for six weeks running, with an additional $2.19 billion. The funds’ assets under management have reached a new
South Korean authorities in the city of Paju, in the province of Gyeonggi, have stated their intention to liquidate cryptocurrency assets owned by residents who have failed to pay their taxes. Officials in Paju reportedly notified 17 individuals on November 18. That they owed 124 million Korean won (about $88,600)
The Financial Intelligence Unit (FIU) of Nepal has discovered that, despite a government prohibition on trading digital assets, cryptocurrencies are extensively used to plan cyber-related scams. Money laundering, terrorism funding, and other forms of financial crime are closely monitored and combated by the Financial Intelligence Unit (FIU). The FIU is
Binance has initiated a new function on its Binance Pool, which allows users to mine Fractal Bitcoin (FB) alongside Bitcoin (BTC) through merged mining. This feature came into effect on November 18, offering additional revenue for users mining BTC on the platform. However, Binance has clarified that the FB token
Dutch fintech company Quantoz Payments has launched two MiCA-compliant stablecoins, USDQ and EURQ, with backing from Tether, Kraken, and Fabric Ventures. The tokens pegged to the U.S. dollar and euro, aim to provide a regulated and secure option for digital payments across Europe. These stablecoins will debut on November 18
A business license to do business in Abu Dhabi, the capital of the UAE, has been granted to BlackRock, a global financial corporation that also issues spot Bitcoin exchange-traded funds (ETFs). The clearance, which was issued on November 18th, demonstrates BlackRock’s desire in expanding into the crypto-friendly region, according to
Hedera ($HBAR) has seen a remarkable price surge, climbing by 43% in one day. Its current price stands at $0.1191, with a 37.84% increase in market capitalization, now at $4.49 billion. The trading volume surged by 29.33% to $1.21 billion, showing strong investor activity. The market cap ratio of 26.05%
The cryptocurrency market is all set to begin another week, and with a headstart, too. Bitcoin’s price has managed to hold above the $90K level, and thus, it might be expected to reach new highs if the bullish cycle is sustained. Meanwhile, Ethereum receded to the 3.1K range over the
As the dust settles on Donald Trump’s return to the White House, the crypto space is hyped about the new presidency’s friendly stance for digital assets and Web3 in general. The global crypto market, which soared past $3 trillion following his election, is optimistic for the next four years to
