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.
Large American banks are gingerly venturing into the crypto sector. Even as regulators increasingly give their stamp of approval, these banking behemoths are still hesitant to take the plunge into digital currencies. Rather, they are choosing small-scale pilot projects, alliances, and modest crypto-trading endeavors, according to a number of industry
Pakistan makes headlines in the crypto verse by hinting at its intentions to lead the crypto adoption race. The nation announced recently that it will establish a national Bitcoin strategic reserve. It is a complete opposite move as the nation previously opposed digital assets. Pakistan’s Huge Investments to Support Crypto
A New Jersey county is ready to tokenize $240 billion worth of property after making a deal with the real estate blockchain software platform, Balcony. On May 28, the real estate platform revealed that it signed a five-year deal with the Bergen County Clerk’s Office. The deal included the tokenization
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
