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.
OKX, a crypto exchange platform, has gained a broader and more advanced access to the European market through a PI license. It essentially pertains to stablecoin payments with extensive support for OKX Pay and OKX Card. The CEO of OKX Europe has hailed the progress by citing the importance of
• The International Monetary Fund stated that “many stablecoins do not have a true independence from the U.S. dollar and could become private dollar systems.” • The IMF warned that the “global adoption of dollar-linked stablecoins could undermine central banks’ monetary control.” The International Monetary Fund released a report that
The latest trial of XRP to rebound was stopped after a sudden wave of selling pressure on Upbit. The push of the Ripple token to break the prolonged bearish trend immediately went in the opposite direction, taking the price down to about the $1.4 mark. A data alchemist named Dom
Binance has strongly denied the allegations that it has processed over $1 billion in transactions connected to the Iranian entities and also dismissed the staff who raised concerns internally. These claims come from the report by Fortune on February 13, which cited anonymous sources who are familiar with the issue.
Russian officials say citizens move more than $129 billion in crypto each year outside formal oversight, prompting renewed calls for regulation. At the Alfa Talk conference, Deputy Finance Minister Ivan Chebeskov highlighted the scale of adoption. He said Russian citizens generate roughly 50 billion rubles in daily crypto turnover. That
Animoca Brands received a Virtual Asset Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA), which marks an important regulatory step that allows the company to offer legal virtual asset brokerage, management, and investment services. Animoca Brands received a Virtual Asset Service Provider (VASP) Licence from Dubai’s
Currently, Zcash is exchanging hands at $284.03, down 8.94% in the past 24 hours. This short-term drop came after a strong performance, wherein in the past seven days, the price is up 19.94%. On the other hand, in the past month the drop sits at around 29%. Meanwhile, the one-year
There is a possibility for Bitcoin short liquidation if it finds a rally. CoinGlass has reported a total liquidation of over $72 million in 24 hours. This includes short and long drops days after more than $2 billion worth of bitcoins were liquidated. Bitcoin Liquidation Possibility There is reportedly a
Brian Armstrong, CEO of Coinbase, said that retail investors are strongly resilient, as they are actively buying Ethereum and Bitcoin despite broader monthly price drops. The crypto market has been struggling, with Bitcoin down around 2% in the last 24 hours and trading at $68,841, bringing its monthly fall to
Cardano is preparing to launch its USDCx, a dollar-pegged stablecoin linked to Circle’s USDC, at the end of February. This move aims to solve the stablecoin liquidity shortage. Philip DiSaro, CEO of Anastasia Labs, a smart contract development firm building within the Cardano ecosystem, confirmed the update on February 15.
