Cryptocurrency News

The price of Litecoin (LTC) has increased by 2.5% in the past 24 hours, rallying to $67.98 on a day when the cryptocurrency market as a whole has gained by a more modest 1%. LTC is now up by 13% in a week and by 5.5% in ...

PRESS RELEASE. Switzerland – September 19, 2023 – Udao, a global Web 3.0 platform designed to empower users to learn new skills and match them to relevant job opportunities, announces its first public presale event. ...

Binance CEO Changpeng "CZ" Zhao has responded to allegations the US Securities and Exchange Commission (SEC) raised regarding Binance.US's association with wallet provider Ceffu. The SEC has expressed suspicions that the...

Hong Kong's Chief Executive John Lee called for tighter regulations on crypto trading citing the recent alleged rugpull by the unlicensed crypto exchange JPEX. Addressing a press conference, John Lee said that the JPEX s...

The Russian Central Bank says that its CBDC, the digital ruble, "has nothing to do with" state efforts to collect biometric data. The bank began piloting its CBDC just over a month ago in 11 cities nationwide. Russian MP...

Thailand would soon tax foreign earnings from crypto traders, a tighter measure to close the loophole, which allowed overseas income into the country tax-free. The rule came from Thailand's Revenue Department, which aims...

South Korean prosecutors and regulators are directing their attention toward reported issues concerning unregulated cryptocurrency-based over-the-counter (OTC) trading and deposit enterprises. During the third annual pro...

A U.S. judge declined to order Binance.US to make its executives more available for depositions, or for the U.S. Securities and Exchange Commission (SEC) to back down in its demands for more documents during a hearing Mo...

The company filed for bankruptcy in August.

In stock markets worldwide, an estimated 60 to 75% of trading is now governed by algorithms according to Economic Times, ranging from high-frequency trading to bots and algo portfolio management. Among these, AI crypto t...

The Fed on Wednesday is widely expected to hold rates steady, but investors will monitor new economic projections and Chairman Powell's press conference for clues about the direction of future policy.

According to a recent court filing, interim judicial managers for the troubled crypto lender Hodlnaut oppose a takeover by the crypto firm OPNX, which is linked to the now-defunct crypto hedge fund Three Arrows Capital a...

A group of U.S. senators led by Senator Elizabeth Warren is pushing for stricter oversight of the cryptocurrency industry to combat illicit financial activities. Nine additional senators from both parties have joined War...

Coinbase is intensifying its efforts to bring about positive changes in U.S. legislation in the crypto sector with a new media campaign it launched today. The company is spearheading multiple initiatives aimed at influen...

In a setback for the government, a federal judge rejected a request by the U.S. securities regulator to inspect the technological infrastructure of Binance US. The U.S. Securities and Exchange Commission (SEC) accuses th...

This week, The Market Report discusses Bitcoin's recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused.

The cryptocurrency market's titan, Bitcoin, has experienced notable fluctuations recently. As of today, Bitcoin's live price hovers around $27,135, marking a slight dip of nearly 0.50% in the last 24 hours. However, exam...

Grayscale CEO Michael Sonnenshein believes cryptocurrency has become a non-partisan issue, claiming that policymakers now acknowledge it's here to stay. In a recent interview, Sonnenshein said the company is willing to c...

The parents of disgraced FTX founder Sam Bankman-Fried are being accused of misappropriating millions in customer funds from the now-bankrupt cryptocurrency exchange. The attorneys for Joseph Bankman and Barbara Fried fi...

Zodia Custody, a Standard Chartered Bank-owned crypto entity, is bringing yield on digital assets to institutional clients in partnership with Singapore-based digital asset platform developer, OpenEden. The collaboration...

The leaders of the Senate Finance Committee, Sens. Ron Wyden (D-Ore.) and Mike Crapo (R-Idaho) published an open letter in July asking the crypto industry to weigh in on crypto tax issues, including loans, staking, minin...

As legal challenges against Binance mount, the average spot BTC trading volume on the platform has decreased 57% since Sep. 1