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.
Republican Senators Cynthia Lummis (WY) and Bernie Moreno (OH) are sounding the alarm on potential tax pitfalls facing companies holding digital assets. In a recent letter to Treasury Secretary Scott Bessent, the two lawmakers urged the department to clarify how the Corporate Alternative Minimum Tax (CAMT) applies to unrealized gains
The CoinShares report reveals that the global crypto investment product generated around $882 million in the last week and has taken the year-to-date inflows to stand at $6.7 billion. However, it is still less than the record of $7.3 billion made at the beginning of February. In the past four
Robinhood has announced a $179 million all-cash deal to acquire Canadian crypto firm WonderFi, accelerating its international expansion. The agreement values WonderFi shares at C$0.36 each, representing a 41% premium over the May 12 closing price and a 71% premium over the 30-day volume-weighted average. The deal, confirmed on May
Tether Gold (XAUt), a digital asset backed by physical gold, is now available for trading in Thailand through a new listing on Maxbit, a Thai-licensed crypto exchange. The announcement, made on May 13, marks a major milestone for Tether as it expands its gold-backed asset offerings into the Southeast Asian
Animoca Brands, a Hong Kong-based digital assets investor known for its major role in blockchain gaming and NFTs, is preparing for a U.S. IPO. This move coincides with the new crypto-friendly atmosphere in Washington created by Donald Trump’s resurrection. Yat Siu, the executive chairman of the company, further stressed the
The Indian Government has instructed the crypto exchanges functioning in India to be extra cautious for transactions associated with persons residing in Jammu and Kashmir and in border areas. The financial intelligence unit, the central agency that limits money laundering and financial crimes, instructed this to various local Crypto platforms.
Al Maryah Community Bank (Mbank), a leading integrated digital bank in the United Arab Emirates (UAE), has partnered with crypto custodian Changer.ae to launch a Dirham-based crypto conversion service. This new service follows the approval from the UAE Central Bank, allowing Mbank to open an AED Escrow Account. This move
GD Culture Group, a Nasdaq-listed company best known for its work in AI and livestream e-commerce, has stunned markets by announcing plans to pour up to $300 million into Bitcoin and the TRUMP memecoin. The money will come through a stock sale deal with an unnamed investor based in the
A wave of excitement and fear at the same time can be witnessed in the users of WazirX as the Singapore High Court is going to review the recovery plan of the exchange on May 13, 2025. If the plan is approved, this move will be the first actual step
Hackers posted a fake announcement, falsely claiming that U.S. authorities, including the Securities and Exchange Commission (SEC), were investigating ZKsync. The post proposed that the U.S. Treasury could sanction the Ethereum Layer 2 protocol. This deceptive press release was meant to instill fear and uncertainty among crypto users. Through the
