Market News

Blockchain oracle company Chainlink, in collaboration with the Depository Trust and Clearing Corporation (DTCC), has completed a pilot program aimed at accelerating the tokenization of traditional financial funds. The project,...

The U.S. Senate voted 60-38 on Thursday to overturn a rule issued by the SEC regarding the accounting treatment of crypto assets held by companies on behalf of their customers....

JPMorgan analysts have revised their estimate for the cost of producing one bitcoin to $45,000, citing recent changes in the Bitcoin mining hashrate. This update comes after the quadrennial halving...

Hong Kong authorities are on alert following a recent deepfake scam targeting cryptocurrency investors. The scam, which leveraged the image of Tesla CEO Elon Musk to promote a fictitious trading...

The price of XRP token remained relatively stable on Friday, May 17, 2024, despite the lack of significant developments in the ongoing lawsuit with SEC. As of press time, XRP’s...

A dozen Democrats defied party position to support a pro-crypto motion on Thursday during a joint session between the U.S. Senate and the House of Representatives.  The identified democrats who...

Hong Kong’s initial foray into Bitcoin Exchange-Traded Funds (ETFs) has met with muted investor interest, according to a recent Bloomberg report. The total assets under management for the six ETFs...

A customer in the Southern District of New York has sued luxury fashion brand Dolce & Gabbana USA Inc., alleging the fashion house mismanaged a collection of NFTs, leading to...

Binance hosted its first major community meetup of 2024 in Kazakhstan on May 14, attracting over 700 attendees, according to a company announcement. The event, held at the Presidential Center...

In a sign of growing mainstream adoption, financial giant Morgan Stanley revealed a hefty $269.9 million investment in Bitcoin through Grayscale’s GBTC trust, as disclosed in its first-quarter 13F filing....

India’s Securities and Exchange Board of India (SEBI) has proposed a novel regulatory framework for cryptocurrencies, advocating a multi-regulator approach, according to Reuters. This proposal marks a potential shift in...

A new study by three researchers questions the effectiveness of crypto influencers on Twitter in influencing investment returns. The research, as reported by Wu Blockchain, analyzed the return rates of...

The Ethereum (ETH) market exhibits signs of potential short-term bullishness, according to technical indicators and analyst commentary. Ali Martinez, a cryptocurrency analyst, identified a buy signal on the daily chart...

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...