Market News

US President Joe Biden prevented a Chinese crypto firm, MineOne Partners Ltd., from owning land located near the F.E. Warren Air Force Base. As the Wyoming Air Force base houses...

USDt-TON has hit an adoption milestone, hitting a circulation of $200 million within a month of issuance. This growth sets a new record for the fastest token circulation in Tether’s...

Liminal, a Singapore-based custody service provider, has expanded beyond its shores by attaining regulatory approval in Abu Dhabi. As reported by the company’s spokesperson, Liminal’s subsidiary, First Answer Middle East,...

Uniswap Founder Hayden Adams, in his recent X post, raised the alarm over US President Joe Biden’s approach to cryptocurrencies. Adams pointed out that Biden and other Democrats’ alleged anti-crypto...

Runes protocol lost momentum three weeks after launching on the Bitcoin blockchain. The protocol generated over $135 million in transaction fees in its first week of existence. Onchain data shows...

According to reports, Federal Reserve Governor Michelle Bowman said she doesn’t expect the Fed to cut interest rates in 2024. Bowman cited persistent inflation in the first several months of...

EigenLayer, a $15 billion valued decentralized finance (DeFi) protocol, is stirring both excitement and controversy in the crypto scene with its upcoming token launch. The project is set to distribute...

Bullish attitude dominates in the AI market, as seen by strong price increases for numerous AI currencies. Semiconductor companies are driving AI coin rallies, with Nvidia’s earnings report and market...

Binance’s compliance status remains uncertain pending a hearing with FIU-IND. KuCoin and Binance are working towards compliance with India’s anti-money laundering regulations. Indian authorities are tightening regulations, leading some exchanges...

Prominent staking infrastructure provider StaFi has elevated its Liquid Staking as a Service (LSaaS) stack by integrating support for Liquid Restaking Token (LRT). The StaFi team disclosed this new move...

Japan-based cryptocurrency exchange Coincheck is teaming up with Thunder Bridge Capital Partners IV, Inc. (THCP), a Special Purpose Acquisition Company (SPAC) listed on Nasdaq. This proposed merger will see Coincheck...

Swing Voters Skeptical of Crypto’s Potential to Solve Financial System Woes, Survey Finds A recent survey conducted in six swing states reveals that while a majority of voters view the...

Indonesia Commodity Futures Trading Regulatory Agency, Bappebti, has set up a special committee to monitor the country’s growing cryptocurrency sector. Plt. Head of CoFTRA Kasan disclosed this information during the...

QCP Capital received initial regulatory approval to operate in Abu Dhabi. The Singaporean firm reported $60 billion in 2023 crypto derivatives volume. UAE’s crypto-friendly policies continue as Binance secures VASP...

LayerZero Labs CEO Bryan Pellegrino has confirmed that all company employees will be strictly prohibited from participating in the upcoming airdrop of the project’s tokens. Per the disclosure, this policy...

Australia’s crypto community now feels the impact of crypto enforcement as the nation’s primary financial regulator secures its maiden court victory against BPS, the provider of the Qoin Wallet. On...

Jack Dorsey, co-founder of Twitter (now X), has abruptly stepped down from the board of Bluesky, a decentralized social media platform he championed after selling Twitter to Elon Musk. This...

The premier crypto blockchain network, Bitcoin (BTC), has processed its one-billionth transaction. According to Clark Moody’s Bitcoin data, this milestone was reached on Sunday, May 5. The event comes when...

The U.S. Bitcoin spot exchange-traded fund (ETF) has witnessed the first positive fund flow after seven consecutive days of trading with negative flow. More remarkable, Grayscale’s Bitcoin Trust (GBTC) recorded...

Justin Bons, the Founder of the crypto research platform Cyber Capital, criticized SUI’s centralized control, highlighting that almost 84% of the staked supply is under the control of its founders....

Hong Kong ETFs face challenges in matching the scale and dominance of US counterparts. Analysts project moderate inflows for Hong Kong’s ETFs, cautioning against unrealistic expectations. Hong Kong’s spot ETFs...

Several Nigerian fintech platforms, including Moniepoint, PalmPay, and Paga, have intensified their measures against cryptocurrency transactions. These actions align with directives from the Central Bank of Nigeria (CBN). Users of...

Dutch authorities, the Fiscal Information and Investigation Service (FIOD) has cracked down on a large-scale online gambling platform scam on April 29th, 2024. They arrested a 26-year-old man suspected of...

In an official blog dated May 2, American hedge fund Pantera Capital announced its first investment in The Open Network (TON). Though the amount is undisclosed, the platform has shared...

Interest among Hong Kong bankers in Middle East opportunities grows. Bahrain-based Investcorp Holdings recently unveiled plans to launch a $1 billion fund. The favorable tax environment in the Middle East,...