Market News

Coinbase, the leading U.S. cryptocurrency exchange, plans to launch a new service aimed at Australia’s growing Self-Managed Superannuation Funds (SMSFs), according to a recent interview with Asia-Pacific Managing Director John...

Bitcoin’s price surged another 6% on Thursday, surpassing $66,000 for the first time since March. As of press time, it stands at $66,225.85 with a market capitalization of $1.295 trillion....

Authorities in Chengdu, China, dismantled a large-scale underground bank operation in a months-long investigation, dealing a significant blow to illegal financial activity in the region. The investigation, which uncovered a...

SevenX Ventures, a venture capital firm focused on blockchain technology, announced a partnership with UXLINK, a leading social platform specializing in Web3-powered groups. The partnership aims to bridge the gap...

Singapore-based digital asset trading firm QCP anticipates continued upward momentum for Bitcoin, suggesting the cryptocurrency could revisit its previous highs near $74,000. In a message on its Telegram channel, QCP...

In a recent Bloomberg Crypto report, South Korean retail investors are credited with fueling the surge in local digital asset exchanges, predating the global crypto boom that pushed prices to...

Bitcoin prices rallied into bullish territory fueled by a surge in spot Bitcoin ETF inflows and a 7% price increase over the past day. This positive movement comes on the...

Canadian authorities have charged Aiden Pleterski, a self-proclaimed “Crypto King” residing in Whitby, Ontario, and his associate, Colin Murphy of Oshawa, Ontario, with fraud and money laundering offenses. The charges...

The XRP market is currently experiencing a holding pattern, balancing recent gains with the looming uncertainty of the ongoing SEC lawsuit against Ripple. While XRP managed a 3.63% gain on...

Shiba Inu (SHIB) enthusiasts are celebrating the launch of ShibaSwap on Shibarium, the project’s much-anticipated Layer-2 scaling solution. This marks a significant milestone for the Shiba Inu ecosystem, unlocking new...

The Chicago Mercantile Exchange (CME), a leading global derivatives marketplace, is exploring the possibility of launching Bitcoin spot trading. This move comes amid growing demand from Wall Street money managers...

A surge of hedge funds and asset managers, including industry giant Millennium Management LLC, have poured in significant capital into the spot Bitcoin Exchange-Traded Funds (ETFs) approved in the United...

The House of Representatives Committee on Financial Crimes Chairman, Ginger Onwusibe, vehemently denied Binance’s recent claim that Nigerian authorities solicited a $140 million bribe. In a press conference, Onwusibe dismissed...

Solana (SOL) blockchain has, for the first time, outpaced the Ethereum network in terms of profitability, causing SOL’s value to surge. On-chain analyst Dan Smith brought attention to this significant...

The ALEX Lab Foundation, grappling with a recent security breach that drained over $4.3 million from its Bitcoin DeFi application, has embarked on an unconventional route to recover the stolen...

Retail investor darling GameStop (GME.N) has seen its stock soar for the third consecutive day as posts from Keith Gill, known as “Roaring Kitty,” have sparked chatter about his return...

Popular cryptocurrency attorney James Murphy, also known as MetaLawMan, has raised concerns about the SEC’s approach to filing a disgorgement against Ripple. Murphy’s reservation about the filing is mainly related...

Prominent American trading platform Robinhood Crypto has launched Solana (SOL) staking for its European customers. Robinhood announced this development in a press statement dated Wednesday, May 15. Emphatically, European users...

Managing Partner at Cinneamhain Ventures Adam Cochran sharply criticized the reported court decision against the Tornado Cash developer Alexey Pertsev calling it a “gross misapplication of the law and a...

According to reports by the Hong Kong Police Force (HKPF), three employees of a crypto exchange shop in Tsim Sha Tsui have been detained following allegations of a cryptocurrency scam. ...

The cryptocurrency market has witnessed a surge in token creation, with over one million new tokens launched since April. This explosion, driven largely by the explosion of memecoins, has raised...

Circle Internet Financial Ltd., the issuer of the widely-used stablecoin USDC, announced its intention to relocate its legal base from the Republic of Ireland to the United States. This move...

Ryan Salame, a former executive at the now-bankrupt cryptocurrency exchange FTX, has requested a lenient 18-month prison sentence in connection with the fraud case surrounding the company’s collapse. Salame, who...

Recent reports state that HTX’s Hong Kong subsidiary, Huobi HK, has withdrawn its virtual asset trading platform license application from the Hong Kong Securities and Futures Commission (SFC) for the...

El Salvador has substantially increased its Bitcoin holdings by mining nearly 474 bitcoins in the last three years. This achievement, powered by the country’s geothermal energy plants, elevates the government’s...