This week has been a crucial week for not just the crypto market, but also for the global economy. The week had lined up events such as the FOMC meeting, the Federal Reserve’s interest rate hikes alon...
Category: Crypto
Live Crypto News Updates.
US GDP Shrunk by 0.9% in Q2, Implications for the Crypto Industry
The United States of America (USA), highly regarded as the world’s largest economy, has seen its Gross Domestic Product (GDP) shrink by 0.9% in the second quarter of the year. While the reporting agen...
The Crypto Crash Will Flush Out Bad Projects, Predicts Guggenheim’s CIO
Scott Minerd – Founding and Managing Partner at Guggenheim Partners – believes traders could take advantage of the significant price swings of the cryptocurrency market and generate some profits. Howe...
Celsius Clients Beg Bankruptcy Court to Release Crypto, One Customer Needs Funds to ‘Put Food on the Table’ – Bitcoin News
After the crypto lender Celsius filed for bankruptcy protection on July 13, the company recently contacted customers and explained that an employee from one of the firm’s vendors accessed a list of Ce...
Crypto Crash – Is the Bottom In and What Does the Future of Crypto Hold?
HodlX Guest Post Submit Your Post For the last half-year or so, the crypto market has found itself gripped by bearish pressure, with the total capitalization of this rapidly-maturing industry havin...
TopL, Naoris and Unstoppable Close Succesful Funding Rounds, Feds Announce Rate Hikes, Crypto Market Bullish – crypto.news
Fundraising continued today with TopL, Naoris, and Unstoppable Web protocols completing successful rounds. The Fed announced rate hikes by 75 basis points as the crypto markets take a bullish turn. Et...
Crypto confused? Four ways that Pixul is making your crypto journey easier.
Crypto currencies and blockchain technologies are hot property but remain niche, for now. Mainstream adoption is vital for innovation and to safeguard the long-term health of this exciting sector. But...
Holon Partners with Gemini, Launches Australia’s Lowest Fee Crypto ETFs
Holon, a digital asset venture capital firm and fund manager based in Australia, announced on Thursday that it has launched the first unlisted retail Bitcoin (BTC), Ether (ETH), and Filecoin (FIL) fun...
US Senator Pressures Apple and Google Over Safeguards for Crypto Scam Apps
Senator Sherrod Brown (D-OH) – Chairman of the Senate Banking Committee – has sent a letter to the chief executives of Apple and Google demanding a response to fake crypto investing apps circulating i...
Japan’s Crypto Lobby Group Push For Tax Cuts; Here’s Why!
Japan’s Crypto Lobby Group Push For Tax Cuts; Here’s Why! | Bitcoinist.com FSA has been in contemplation about the need for a corporate tax a...
Crypto Lender Voyager Ordered by US Regulators to Stop Misleading Customers
“Voyager has made various representations online, including its website, mobile app, and social media accounts, stating or suggesting that: (1) Voyager itself is FDIC-insured; (2) customers who ...
What it Means for Crypto (Opinion)
U.S. Treasury yields edged up Monday as markets focus on inflation woes and recession risk. All eyes are on a two-day Federal Reserve policy meeting that concluded this Wednesday, and the central auth...
Ethereum Inflows are Rising as ETH Maintains Bearish Phase – crypto.news
In the last couple of weeks, the number of Ethereum transactions has been increasing. This is a significant turnaround from the previous two months when the digital asset had experienced outflows. Alt...
Japan’s crypto groups call for end of taxing paper gains
Japan’s leading crypto lobby groups plan to submit a proposal to Japan’s financial regulatory body to address its high crypto taxes, which experts warn make Japan less competitive as a crypto hub. Ac...
Crypto market regains $1 trillion as Bitcoin nears $24,000
Trading at $23,800 at press time, Bitcoin led a broader rebound that saw the global crypto market regain $1 trillion in market capitalization. Graph showing Bitcoin’s price on July 28, 2022 (Source: T...
Crypto Game Studio Immutable Announces New Layoffs in ‘Small Reorganization’
Immutable Games Studio is letting go of multiple employees, including one of its senior game designers, amid a slump in crypto prices. James Wakeham worked as a lead designer on Immutable’s crypto gam...
No More Crypto Ads At French Grand Prix
Formula 1 teams have been forced to comply with the laws of advertising in France, which prohibits displaying ads of crypto firms not registered with the AMF. Advertising Laws Cripples Crypto Adverti...
SEC Chair Refused To Meet Crypto Leaders, XRP Lawyer Reveals
The U.S. Securities and Exchange Commission (SEC) has received heavy criticism from the digital asset industry’s leaders over its regulatory policies. Now, a lawyer has revealed that SEC Chair Gary Ge...
Galaxy Digital Seeds New Crypto Fund Manager
Europa’s actively managed open-end fund is set to offer exposure to crypto spot assets, derivatives and DeFi protocols Lower valuations amid crypto sell-off presents “better entry point” for some inve...
Kraken Under Investigation for Allegedly Violating US Sanctions – crypto.news
Cryptocurrency exchange giant Kraken has reportedly come under federal investigation by the Treasury Department’s Office of Foreign Assets Control (OFAC), on the suspicion that the exchange offered se...
Lack of Crypto Experts a ‘Major Concern’ for EU Bank Regulator
The European Banking Authority (EBA) is worried about its ability to accommodate new crypto regulations due to come into force in 2025, with the lack of talent and logistic issues among the key proble...
Crypto Daily – Daily Crypto And Financial New…
In Todays Headline TV CryptoDaily News: Relai enables instant Euro funding for fast Bitcoin purchases. European bitcoin-only investment app Relai has upgraded its network to enable instant single Euro...
‘Bullish rate hike’ — Why crypto spiked today in the face of bad news
The cryptocurrency markets have been pumping since the announcement of a 75 basis point interest rate hike in the United States, with experts explaining that the markets may have been initially bracin...
Is the Crypto Market Back on the Uphill Trend?
Market cap of BTC rose up to $438 billion after a 7.56% gain. According to CMC, the top gainers of the day are LDO, SNX,BCH, BTG and UNI. The crypto market has popped into the recovery pat...
SEC’s Gensler Says “No Difference” Between Crypto and Securities Exchanges
Key Takeaways SEC Chair Gary Gensler believes that crypto exchanges should be registered and regulated like securities exchanges. Gensler criticized crypto exchanges for providing custodial services a...
Binance CEO Discusses Crypto Ecosystem with Turkish Officials
The push by Binance, the world’s largest exchange by trading volume, to expand its influence has continued to gain increased momentum in Turkey. The exchange’s Chief Executive Officer, Changpeng Zhao,...
Lido Finance Files Another Proposal to Sell Treasury Tokens to Dragonfly Capital – crypto.news
Lido DAO (LDO), the governance forum for the Lido Finance project, will once again vote on another proposal to sell LDO tokens to venture capital firm Dragonfly Capital. This new proposal comes after ...
Troubled Crypto Exchange Zipmex Wants Bankruptcy Protection
Southeast Asian cryptocurrency exchange Zipmex submitted several moratorium applications under Section 64 of Singapore’s Insolvency, Restructuring and Dissolution Act 2018 last Friday on behalf of fiv...
Crypto Futures Market Sees $400m Flushed As Bitcoin Breaks $23k
Data shows the crypto futures market has observed more than $400 million in liquidations during the last 24 hours as Bitcoin breaks above $23k. More Than $400 Million In Crypto Futures Liquidated In O...
Widely Followed Crypto Analyst Explores How Long Bitcoin, Ethereum and FTX Token FOMC Rallies Can Last
A leading crypto analyst says Bitcoin (BTC) and the rest of the digital asset markets are rebounding on Federal Reserve Chair Jerome Powell’s dovish post-Federal Open Market Committee (FOMC) press con...
Why The IMF Thinks The Crypto Market Could See “Further Selloffs”
The crypto market is trading in the green with Bitcoin and Ethereum pushing beyond critical resistance levels. The first and second cryptocurrencies by market capitalization record a 10% and 15% profi...