Market News

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.

Solayer Labs Launches First Treasury Bills-backed and Yield-bearing Restaking Stablecoin On Solana Network Dubbed sUSD (Solayer USD)

Solana (SOL) network-based, Solayer Labs, a fast-growing restaking protocol with more than $281 million in total value locked (TVL), has announced the launch of its yield-bearing restaking stablecoin dubbed Solayer USD (sUSD). Backed by the United States short-term Treasury Bills (T-Bills), the sUSD intends to offer the crypto market a

October 30, 2024 3 mins read

Florida’s CFO Advocates Bitcoin to Diversify State Pension Fund

In a recent letter, Jimmy Patronis, Florida’s CFO, requested that Bitcoin and other digital assets be considered part of the state’s pension fund. It addressed Chris Spencer, the Executive Director of the Florida State Board of Administration. Moreover, the letter emphasized Florida’s position as a leader in economic growth, persuading

October 30, 2024 2 mins read

CME Group’s FCM Approval Sparks CFTC and FIA Market Concerns

On October 29, the CME Group, a leading player in the derivatives marketplace, received approval from the National Futures Association (NFA) to establish its own Futures Commission Merchant (FCM). The granted approval allows CME Group to manage customer accounts directly and deepen its role in futures trading. Yet, this move,

October 30, 2024 1 min read

Crypto.com Flips Coinbase Global in Trading Volume Across North America

Crypto.com has significantly grown digital asset trading in 2024, surpassing Coinbase Global Inc. in trading volumes across North America. The firm recorded a monthly spot trading volume of $134 billion in September. This marks a significant surge from $34 billion in July, nearly a fourfold rise in two months. Collectively,

October 29, 2024 1 min read

Hacker Nets $600K by Exploiting Truth Terminal Founder’s X Acc

Truth Terminal founder Andy Ayrey faced a major security breach on his X account. The hacker used Ayrey’s account to promote a fraudulent token, raking in over $600,000 before investors realized the scam. The token, named Infinite Backrooms (IB), quickly amassed hype and briefly reached a market cap of $25

October 29, 2024 2 mins read

Bitcoin Price Prediction: Here’s What Was Expected from BTC and Other Top Altcoins This October

October, often dubbed “Uptober” by crypto enthusiasts, turned out to be a disappointment for many in the cryptocurrency space. The anticipation of bullish momentum was palpable at the beginning of the month, with analysts predicting $70K rally for Bitcoin (BTC) and other altcoins. However, as the month unfolded, the reality

October 28, 2024 2 mins read

Bitcoin Surges Above $109K to a New ATH as Trump Presidency Sparks Rally

Crypto Positive President: Why American People Will Choose Donald Trump Over Kamala Harris?

As the 2024 presidential election approaches, former President Donald Trump is emerging as a compelling candidate, particularly against the backdrop of current Vice President Kamala Harris. Trump’s policies, especially his strong support for cryptocurrency and innovative economic strategies, resonate with many voters seeking significant change. One of Trump’s pivotal initiatives

October 28, 2024 4 mins read

Michael Saylor’s Bitcoin Investment Strategy: Buy High, Buy Low, Buy BTC

The co-founder of MicroStrategy, Michael Saylor has transformed the firm’s financial approach by making Bitcoin at the core of its asset strategy. Saylor turned to Bitcoin, describing it as the “digital gold.” In August 2020, MicroStrategy made its first Bitcoin purchase, acquiring 21,454 Bitcoin for $250 million, citing the potential

October 28, 2024 2 mins read

Crypto Traders’ Top 3 Daily Trading Altcoins: Bitcoin, Solana, and SUI

The worldwide cryptocurrency market has seen bullish movements in the past day instilling optimism in members of the community. The overall crypto market has shown a 1.43% increase in market cap and a 22.63% surge in daily trading volume. Meanwhile, the regulatory landscape has not shown much activity over the

October 28, 2024 3 mins read

Crypto Price Analysis November 2024: Bitcoin: BTC, Ethereum: ETH, Solana: SOL, Dogecoin: DOGE, RIPPLE: XRP, Shiba Inu: SHIB

The Global cryptocurrency market cap currently stands at $2.29 trillion, a slight 0.44% gain in the past day. Over the last 24 hours, trading volumes reached $50 billion, up by 5.80%. DeFi trading volumes accounted for $3.38 billion of this, or 6.76% of the daily total, while stablecoins made up

October 28, 2024 5 mins read