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.
The Open Network Foundation (TON Foundation) has appointed Nikola Plecas, a former Visa executive, as its new Vice President of Payments. Plecas will lead TON’s global payments strategy as the blockchain scales to support Telegram’s extensive user base of over 1 billion. Plecas brings a strong background in crypto and
GameStop has officially entered the Bitcoin market with a purchase of 4,710 BTC, according to a May 28 SEC filing. The acquisition marks the company’s first confirmed investment since announcing its intent to adopt Bitcoin as a treasury reserve asset. With Bitcoin trading near $109,080 at the time, the total
Japanese investment firm Metaplanet Inc. has announced the issuance of $50 million in 0% ordinary bonds to fund its next round of Bitcoin purchases. The company, listed on the Tokyo Stock Exchange, confirmed the move in an official post, emphasizing its commitment to strengthening its Bitcoin treasury strategy. This 16th
Telegram is circling in the headlines for planning to raise $1.5 billion by issuing bonds. Renowned firms such as BlackRock, Citadel, and Mubadal are going to participate in the fundraising. Even though its CEO is still facing legal issues from the French authorities, it didn’t stop these companies from participating
The world’s largest crypto index fund manager, Bitwise, reveals that Ethereum now manages more institutional stablecoin flows than retail trades. Ethereum is now not only for non-fungible tokens and decentralized finance degens anymore. Bitwise Europe released a new analysis in which it mentions that the base layer of the network
The ASIC has filed a lawsuit against Liang Allan Guo, a former Blockchain Global executive. It accused Guo of owing over $20 million in unpaid customer claims. This allegation is in regard to the first-ever Australian crypto exchange collapse of the ACX. Guo served as a director at the Blockchain
Stuart Alderoty, Ripple’s Chief Legal Officer, formally requested the SEC for a clear-cut mention regarding the classification of cryptocurrencies particularly which are traded on secondary markets. In Alderoty’s opinion, not having rules in place stifles innovation and places U.S.-based blockchain companies are at a disadvantage in the worldwide market. The
SPX6900 memecoin is a cryptocurrency based on internet culture and humor, similar to other meme coins like Dogecoin. This digital asset has recorded a positive movement as of the latest. During the Asian trading session, SPX opened its market with a price value of $0.9236, which has recorded continued momentum,
Grayscale, one of the biggest names in crypto asset management, just rolled out a new Artificial Intelligence Crypto Sector as part of its broader Crypto Sectors lineup in its official X page. The move taps into the fast-growing buzz around AI in Web3 and shows Grayscale’s push to make sense
The Securities and Exchange Commission of the United States has officially started to review the WisdomTree XRP Trust, an offered spot exchange-traded fund (ETF) that allows investors to have exposure to XRP. Cboe BZX Exchange filed the application, which marks the first official SEC review of a U.S.-based spot XRP
