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.
A new cryptocurrency investment fund called MakerDAO Trust has been unveiled by digital asset manager Grayscale. The fund will invest in a single asset and will be launched via private placement. Other crypto-based trusts have also been launched in a similar vein, exposing investors to the market. As a result,
Unioverse, the pioneering sci-fi franchise and game creation platform, has announced a number of significant advances, including the pre-alpha release of its second game, Hoverdrome. In addition, Unioverse has organized a tournament with a prize pool of $300,000 $UNIO, $15,000 USDC, and other prizes to coincide with the release. Additionally scheduled for release is
After the market crash on August 5, institutional investors poured capital back into cryptocurrency funds, and Ethereum exchange-traded products were their first pick. For the week ending August 11, crypto asset investment products saw inflows totaling $176 million, according to the Digital Asset Funds Weekly Report issued on August 12
In July 2024, Bitget Wallet achieved a record-breaking 1.7 million global app downloads, surpassing MetaMask’s growth for that month. This represents a significant 140% increase from the previous month, propelled by the platform’s advanced on-chain trading features, particularly for meme coins. Bitget Wallet’s prominence in the meme coin sector is
Bitcoin mining firm TeraWulf’s Q2 2024 financial report disclosed a 21.4% drop in Bitcoin production, totaling 699 BTC compared to the previous year’s second quarter. Amidst the drop, TeraWulf generated $35.6 million in revenue, more than double its earnings of $15.5 million from the previous year. Moreover, the firm’s gross
Germany’s KfW is set to introduce tokenized bonds. The largest development bank in the country announced its bonding in a recent press release that happened on Monday. Traditional finance institutions are exploring ways to put assets in bonds, credits, and funds, making the financial field more reliable. KfW is advancing
Thailand Securities and Exchange Commission (SEC) disclosed its Digital Asset Regulatory Sandbox. Thailand’s sandbox is aimed at fostering innovation in the cryptocurrency sector to ensure effective regulation. This move highlights Thailand’s commitment to balancing advancements in digital assets and regulatory frameworks. The Digital Asset Regulatory Sandbox provides a controlled environment
Digital asset investment products experienced a notable rebound last week, with inflows totaling $176 million as investors capitalized on recent price weaknesses, reported coinshares. This surge in investment follows a period where total Assets under Management (AuM) dipped to $75 billion, a decline of over $20 billion during a market
Pitchbook data shows that the overall number of deals fell in Q2 compared to Q1. But crypto entrepreneurs still managed to obtain a little more venture capital investment than in Q1. According to a report from Pitchbook published on August 9th, total invested money increased by 2.5%, totaling $2.7B. But
Zooko Wilcox, the renowned founder of the privacy-focused cryptocurrency Zcash, has recently joined forces with Shielded Labs, a blockchain development company. Jason McGee of Shielded Labs proposed his idea of starting this independent organization to help Zcash a year ago i.e., in Jan 2023. This strategic move comes as Wilcox
