Crypto news covers the latest updates on market trends, regulations, blockchain projects, and industry developments. Some focus on price movements and trading insights, while others report on DeFi, NFTs, and Web3 innovations. With fast-changing markets, staying informed helps users make better decisions. Here, we break down crypto news with expert analysis, timely updates, and key developments shaping the industry.
Thailand’s Securities and Exchange Commission (SEC) is preparing to expand investment opportunities in digital assets for mutual and private funds. The move aims to meet the rising demand for cryptocurrencies, particularly from institutional and high-net-worth investors. Under the proposed changes, funds will be allowed to invest more in crypto exchange-traded funds (ETFs) listed on U.S. ...
Cryptocurrency exchange Bitget has announced it will fully compensate users affected by an unexpected price fluctuation of its native token, BGB, that occurred on October 7, 2024. BGB Price Drops Nearly 44% At 2:53 AM (UTC) on October 7, BGB experienced abnormal volatility, causing the price to fall from $1.14 to a low of $0.6441 ...
TeraWulf, an infrastructure-based Bitcoin mining company, has sold its 25% equity stake in the Nautilus facility for $92 million. The company plans to reinvest the proceeds to enhance its AI and high-performance computing (HPC) capabilities at its Lake Mariner facility. This TeraWulf news reflects the company’s shift toward expanding its AI and HPC operations. The ...
Ethereum, the second-largest blockchain by market capitalization, has experienced a notable price drop, falling below $2,400. This decline mirrors the broader crypto market’s downturn, which has seen a nearly 2% drop in total market cap to $2.17 trillion. Despite the decline, there’s been significant Ethereum accumulation around the $2,350 level. What Does This Mean for ...
Uruguay has emerged as a leader in Latin American crypto regulation with the passing of Law 20.345, signed by President Luis Lacalle Pou after more than two years of work. What Does the New Law Entail? The new legislation officially recognizes cryptocurrencies as virtual assets and designates the Central Bank of Uruguay as the primary ...
Ripple, a leading provider of digital asset infrastructure, has reached a key regulatory milestone for its expansion in Dubai. The Dubai Financial Services Authority (DFSA) has granted Ripple “in-principle approval” to offer services from the Dubai International Financial Centre (DIFC). This Ripple Dubai expansion approval highlights the growing acceptance of digital assets in the region. ...
Bitcoin and crypto investors will watch the markets keenly for the next 24 hours following the rate pause by the Federal Open Market Committee (FOMC). As per initial predictions, after continuous rate hikes since early 2022, the Fed began pausing the rate hikes in mid-year. The Fed has extended its rate pause to about six ...
Global Crypto Exchange Binance will pay a massive settlement of $4.3 billion owing to breaches of legal regulations, not fraud, as revealed by the Commissioner of the Commodity Futures Trading Commission (CFTC), Kristin Johnson. Johnson commented on the Binance saga when speaking at a digital assets summit on Dec 5. Binance Paid for Breaching Rule, ...
On December 5, Binance, the largest global cryptocurrency exchange network, suspended the trading of the Euro-pegged stablecoin AEUR following a price surge of over 200% yesterday. Binance Suspends AEUR The stablecoin was designed to maintain a peg of $1.08, aligning with the EUR-USD rate. However, at some point yesterday, the stablecoin surged to about $3.25, ...
In an interesting development, a Bitcoin Core developer claimed that a bug fix in the Bitcoin network could potentially halt the production of new Bitcoin Ordinals and BRC-20 tokens. Ultimate Fix for Bitcoin Ordinals Bug The Bitcoin Core Developer, Luke Dashjr, began by highlighting that inscriptions have been exploiting a Bitcoin vulnerability. Since 2013, Bitcoin ...
Dan Opondo
