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.
Strategy (formerly MicroStrategy) has expanded its preferred stock offering to raise nearly $1 billion for additional Bitcoin acquisitions. The firm priced 11.76 million shares of its 10% Series A Perpetual Stride Preferred Stock (STRD) at $85 each, with an estimated $979.7 million in net proceeds. Initially targeting $250 million, the
Capitalizing on the opportunities of the growing DeFi ecosystem, OKX Ventures undertook an investment in Momentum, a DEX on the Sui blockchain. Announced on June 6, the announcement situates Momentum as a fast-rising star within the Sui realm, providing deep liquidity and very efficient trading opportunities. Founded in 2022, Momentum
Pakistan’s Finance Ministry is pushing forward with plans to set up a National Crypto Council, a new advisory group that could help legitimize and bring clear rules to the country’s crypto space. The move is being backed by a team tied to Wall Street players and some big-name former Trump
Switzerland is planning to automatically share crypto-associated data with 74 partner countries, including the United Kingdom and all European Union member states. The government of Switzerland announced on June 6 that it has adopted a bill to permit the automatic exchange of information (AEOI) on crypto with partner countries. The
Singapore has issued a firm directive to unlicensed digital asset service providers operating from its jurisdiction. The Monetary Authority of Singapore (MAS) has enforced a strict June 30 deadline for these firms to either obtain licenses or cease operations immediately. This includes companies that serve only offshore customers but operate
It’s another day and another Bitcoin announcement by Japanese firm Metaplanet. Ever since the firm announced its plans to increase its Bitcoin stash, all eyes in crypto have been on it. Today, Metaplanet announced that it is raising funds through an equity offering worth $5.4 billion to acquire more BTC.
Citadel Securities, the Nasdaq-listed market-maker, is preparing to double down on cryptocurrency trading in 2025, driven by new regulatory clarity from the U.S. Securities and Exchange Commission (SEC). President Jim Esposito outlined the push during a June 4 conference call, stating that “crypto has passed the point of no return,” and
Tigran Gambaryan, Binance’s head of financial crime compliance, is exiting the company after a prolonged legal ordeal in Nigeria. According to a report by Bloomberg, his departure comes nearly eight months after his detention by Nigerian authorities on allegations of money laundering and currency manipulation. Gambaryan confirmed that Friday marks
Yuga Labs, the team behind the legendary Bored Ape Yacht Club (BAYC), just dropped a bombshell: they’ve proposed shutting down the ApeCoin DAO. Citing ongoing governance issues that just aren’t getting better, Yuga’s suggesting a full reset with a new setup called ApeCo. Their ultimate goal was to fix the
A prominent pseudonymous crypto trader, James Wynn, has amazed the crypto community after revealing that he lost $100 million in a few days of a string of high-risk trades on Hyperliquid. Wynn grabbed the attention of the community after making meme coin bets into millions, mainly after turning $7,000 in
