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.
To improve and expand the legal environment for tokens within its special economic zone, the Dubai Financial Services Authority (DFSA) has announced revisions to its crypto token regime. Companies with their headquarters in the Dubai International Financial Centre (DIFC), a special economic zone in the UAE, are subject to the
Keith Gill, better known by his Reddit handle “Roaring Kitty,” revealed that he owns $181.4 million worth of GameStop (GME) stock and call options, sending the stock price soaring by more than 19% in overnight trading. The trader commonly acknowledged as having a significant impact on the 2021 GME short
The overall crypto market witnessed key moments in May 2024. While the market witnessed price hikes, the SAB 101’s veto caused obstacles. Cryptocurrency has also played a crucial role within the US political landscape which fueled further events. Besides, with multiple crypto crimes and significant arrests the month has been
Bitcoin’s price has slipped today, while Ethereum continues to maintain slight positive momentum, sparking intense market discussions about the divergence between the two leading cryptocurrencies. A recent report from QCP Capital sheds light on the factors influencing these dynamics and highlights why analysts remain bullish on Ethereum. Bitcoin’s recent decline
In a move that has ignited controversy within the crypto community, US President Joe Biden vetoed the repeal of the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121 (SAB 121). This bulletin mandates that institutions holding cryptocurrency for clients must record these holdings as liabilities on their balance sheets,
Patrick McHenry, a Republican senator from the United States, has pushed the Senate to approve a landmark bill regulating cryptocurrency before the November presidential election. On May 22, with 71 Democrats and 208 Republicans in support, the Financial Innovation and Technology for the 21st Century Act (FIT21) was approved by
The Luna Foundation Guard (LFG) address had a fund transfer of a substantial amount of digital assets. Around 1.974 million AVAX, approximately worth $71.2 million, and 39,499 BNB worth $23.5 million, were moved to an unknown address. Additionally, an insignificant amount of transfers were also recorded on the platform, as
Terraform Labs, led by Do Kwon that created the defunct LUNA cryptocurrency and the stablecoin TerraUSD (UST), has reached a preliminary settlement agreement with the SEC over fraud charges. Reuters broke the news of the settlement’s preliminary terms. All parties have notified the court of an agreement, according to the
Ramp Network, a financial technology firm that is developing payment rails to link cryptocurrency to the global financial system, has announced that it is adding support for SEPA Instant bank transfers in Europe to its crypto-to-fiat off-ramp. Ramp is also expanding the number of local currencies it accepts for Visa
DBS Bank, Singapore’s largest financial institution, has been identified as a major player in the cryptocurrency market, holding nearly $650 million in Ethereum (ETH), according to blockchain analytics firm Nansen. The bank’s ETH holdings amount to 173,700 ETH, highlighting its major involvement in the crypto space. DBS Bank, with assets
