Market News

In a recent development, Tesla CEO Elon Musk finds himself at the center of a new proposed class action lawsuit filed by investors, accusing him of insider trading and manipulating...

First Digital, a Hong Kong-based qualified custodian and trust company, has unveiled its new stablecoin, First Digital USD (FDUSD), pegged to the U.S. dollar but regulated in Asia. The unveiling...

Data from the on-chain metrics platform, Glassnode, shows Bitcoin’s price is in a critical region. In a tweet, Glassnode noted Bitcoin’s price behavior around this region as a crucial factor....

In a recent social experiment that rocked the cryptocurrency sector, crypto influencer Pauly0x collected over $1 million in Ethereum from followers after publicly requesting funds and promising nothing in return​....

The collective market cap of the crypto market dropped 0.50% over the past 24 hours, according to CoinMarketCap. This brought the total down to around $1.13 trillion at press time....

Coinbase has recently filed a qualified custodian (QC) proposal comment letter to the US Securities and Exchange Commission. The comment is in response to the commission’s February 15 proposal, which...

The paths and performance of Bitcoin and AI tech stocks have clearly diverged in recent times. While AI tech stocks have become an important sector within the larger technology industry,...

Digital assets have emerged as one of the early focal points in the upcoming 2024 U.S. presidential election. In a surprising move, one of the prominent new candidates has even...

Hong Kong’s Securities and Futures Commission (SFC) released a circular on May 31 announcing the transitional arrangements for a new licensing system for centralized crypto trading platforms. As per the...

Ben Armstrong, the famous crypto investor and host of the YouTube channel BitBoy Crypto, has criticized the senior US Senator Elizabeth Warren over her role in the crypto industry. Armstrong...

Coin Kickoff, as cited by a report from The Ascent, a Motley Fool service, revealed that from 2013 to 2022, 2,383 cryptocurrency coins experienced failure. The average lifespan of these...

In a move aimed at strengthening its regulatory framework, the UAE Central Bank has released new guidelines for handling virtual assets, including cryptocurrencies and non-fungible tokens (NFTs). The guidance, announced...

El Salvador’s National Bitcoin Office (ONBTC) has appointed esteemed economist and cryptocurrency advisor Saifedean Ammous as its newest economic advisor. President Nayib Bukele has enlisted the author of “The Bitcoin...

In a stunning turn of events, the founder of Multichain, a prominent blockchain network, has been taken into custody by Chinese authorities for investigation. This development comes as a surprise...

The open-source blockchain protocol XDC Network has announced its partnership with the SBI Group’s crypto exchange SBI VC Trade Co. Ltd, in an attempt to establish itself as a global...

In a bid to embrace the digital transformation of the financial industry, the Reserve Bank of India (RBI) is making noteworthy progress with its pilot program for Central Bank Digital...

Bola Tinubu’s emergence as Nigeria’s President could improve the country’s crypto industry. Nigerian netizens hope that by flipping a new page, the nation could discard the current irregularities in the...

In a surprising turn of events, Nvidia (NVDA) has defied the pessimistic predictions of renowned financial commentator Jim Cramer, who also is a vocal critic of Bitcoin and cryptocurrencies. Cramer...

James Seyffart, an ETF Research Analyst for Bloomberg Intelligence, believes that a victory for Grayscale Investments in its ongoing lawsuit against the U.S. Securities and Exchange Commission (SEC) may not...

The tokenomics insights page Token Unlocks noted in a tweet published earlier today that there will be more than $850 million worth of tokens unlocked this week. According to the...

Renowned trader and CEO & Founder of MN Trading, Michael Van De Pope, recently shared insights that have caught the attention of the cryptocurrency community. In a recent tweet, Van...

A crypto trader and analyst Luke Martin shared his top altcoin picks in a recent YouTube video. This video follows the release of a regulatory whitepaper compiled by the Chinese...

In a recent warning to the crypto community, renowned entrepreneur Bobby Lee raised concerns about Hong Kong’s (HK) long-term commitment to crypto, casting doubt on the country’s digital asset ambitions....

Tranglo, a cross-border payment hub, has partnered with Al Ansari Exchange, the largest outward personal remittance and foreign exchange company in the United Arab Emirates (UAE). The collaboration aims to...

In a major victory for crypto miners in the United States, the Biden administration has decided against including the controversial Digital Asset Mining Energy (DAME) excise tax in its latest...