Market News

The crypto market seesaws from red to green, with fluctuations so extreme they can crown you king or dethrone you in the blink of an eye. Market news encompasses price analyses of cryptocurrencies, trending tokens, and trading patterns that can guide you in making rational investment decisions. Gain an edge in your trading and investment game with updates on market news and analysis.

Latest Market News

Poly Network Confirms Recovery of The Stolen Assets

Poly Network has successfully recovered all the $610 million worth of user assets stolen by a hacker earlier this month

2 Min Read

Simon Nixon’s Venture Capital Seeks to Boost its Crypto Bets

Adam Proctor, managing director for Nixon’s investment firm Seek Ventures, said that the company intends to increase the “allocation to…

2 Min Read

HODL Assets Acquires CoinLinked and Plans Move to The US

The Coinlinked founders and CEO Jenny Ta will join the HODL Assets team as co-founder and COO.

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FTX Lends $120M To The Hacked Exchange Liquid Global

Liquid Global lost nearly $90 million in the hack.

3 Min Read

AriseCoin Inventor Sentenced to 5 Years in Prison For Fraud

Jared Rice Sr., inventor of cryptocurrency AriseCoin, pled guilty to defrauding investors out of more than $4 million.

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Singapore Myanmar Investco Divers Its Business to The Crypto Mining

The investment firm, in order to diversify its business, gets into crypto mining by ordering 800 crypto mining machines.

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Cardano Foundation Partners With Coinfirm To Enhance Security

Both are planning to enhance the security of the crypto and blockchain economy.

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UK’s FCA Says Binance Market Limited is not Capable of Supervision

The notice details some of the actions Binance took in recent weeks like posting a notice for users indicating that…

3 Min Read

US Treasury Won’t Target Crypto Non-Brokers in The Infrastructure Bill

The controversial bill requires “broker” to comply with the proposed IRS reporting requirements, which is itself not the concerning part.

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PAWS Chicago Now Starts Accepting Crypto Donations

PAWS Chicago now starts to accept cryptocurrencies like Bitcoin, Ethereum, DOGE, and many other cryptocurrencies.

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Paxos Rename its Stablecoin from PAX to USDP

The updated USDP smart contract is going live on August 31, 2021.

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Blockstream Valued at $3.2 Billion in a New Deal

The company will spend some of the funding on advancing Blockstream’s bitcoin mining products and services like Blockstream Energy.

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Alethea AI Raises $16 Million in a Private Token Sale

The funding will go towards building more scalable infrastructure for the NFT market, the company said.

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White House To Vote On The Unamended Infrastructure Bill

The House will vote the bipartisan infrastructure bill on Sept. 27.

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Australian Citizens Have Lost $70M in Bogus Crypto Investments

ACCC is predicting the losses due to fraudulent scams could be $140 million by the end of this year.

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China Debuts E-CNY in the domestic futures market

Dalian Commodity Exchange (DCE) has used e-CNY for the payment of storage fees to a delivery warehouse.

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Switzerland’s Three Banks To Offer Institutions Tokenized Assets on Tezos

InCore Bank has a new collaboration with Crypto Finance AG and Swiss firm Inacta to introduce digital financial products based…

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CFTC’s Regulatory Authority Applicable to the Digital Assets

Dawn Stump cleared that CFTC will involve in both regulatory and enforcement authority for commodities.

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Non-Metro City Investors Are Keen In The Crypto-Platforms

According to BSE state-by-state user registration data, user signups in many states have increased over the previous year.

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President Bukele Says It’s Not Compulsory to Use The Bitcoin

Bukele said the government would not force any residents to receive bitcoin as a form of payment.

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FTX Purchased Naming Rights of the California Memorial Stadium

FTX.US is giving $17.5 million for the naming rights to California university Stadium.

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Chinese Court Says Crypto is Not Protected By Law

Jinan city court noted the plaintiff’s fraud allegation was not tenable because the assets didn’t have any legal status.

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Iran to Lift Crypto Mining Ban from September 22

The Ministry of Industries, Mining and Trade, had imposed a ban on crypto mining due to power-consumption-related issues.

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Hacker Sends The Final key of Multichain Accounts to PolyNetwork

The key provided by Hacker is: d3c0196b81dba3c2811c0a39536e4dc47d640e3099a9331821d40fd1d6ab66fb, Poly Network said its team “confirmed that the private key is genuine.”

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Google Has Deleted 8 Apps Related to The Crypto Mining

The company detected 8 misleading programs that pretended to be cryptocurrency cloud mining apps in order to deceive users.

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Binance Singapore Has Appointed Richard Teng as Its New CEO

Richard Teng played a key role to make famous ADGM among the international regulators and industry bodies.

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Coinbase Responds To Recent Bloomberg Editorial On New Crypto Taxation

Lawrence Zlatkin, Global VP of Tax, Coinbase responds to the Bloomberg Article.

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XREX Raises $17M in its Pre-Series A Funding Round

XREX will use the funding to expand its fiat currency portfolio, acquire additional licenses, and forge partnerships with more financial…

3 Min Read

PayPal To Permit Crypto Trading Services In The Uk

PayPal will not charge any fees for holding cryptocurrency.

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VanEck and Proshares Backs Out from Their Ethereum ETFs

It’s not clear why both firms choose to apply for withdrawing of same applications on the same days.

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