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

Swedish Government Awarded $1.5M Bitcoin to The Drug Dealer

A Swedish court ordered the government to pay $1.5 million to a convicted drug dealer.

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AdvisorShares Becomes the Latest Firm to File for the Bitcoin Futures ETF

Morgan Creek Capital will serve as the Fund’s sub-adviser to help guide the Fund’s investment strategies.

1 Min Read

Victoria Police Seized Largest Amount of Crypto from Dark Web

The bust is reported to be Australia's largest crypto seizure to date.

3 Min Read

Binance Suspends its Futures in Brazil to Comply with Regulations

The services would remain available to Brazilian customers through the site in English.

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SEC Wins Over Bitconnect in the Judicial fight

In this case, SEC had accused five Bitconnect professionals and promoters.

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Argo Blockchain files to List Its IPO on The NASDAQ

The shares of Argo will appear under the ticker “ARBK”.

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OKEx Announce Its $10M Program to Incubate the GameFi Projects

The hackathon will offer workshops, support, and a demo day to connect developers with potential VC investors.

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Binance Announced New ‘Intermediate’ Verification Process for All Users

The intention behind this new approach is to boost power to its anti-money laundering campaign and know your customers(KYC).

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Coinbase Creates New Support Phone Line for ATOs

New phone support for ATOs will provide customers with a live agent to kick off an investigation.

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BlockFi Unites with TaxBit on New Tax Center for US Clients

BlockFi’s U.S. clients will have access to a “full suite” of tax tools within the BlockFi Tax Center.

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Brian Quintenz Steps Down from the Role Of CFTC Commissioner

Brian Quintez is resigning as a Commissioner of the CFTC on August 31, 2021.

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Coinbase to Add More $500 Million in Crypto Assets

Brian Armstrong, CEO of Coinbase announced that the cryptocurrency exchange had gotten board clearance to add $500 million in cryptocurrency…

3 Min Read

Cathie Wood Denies Any Bubble on The Ark Innovation ETF

Shares of Ark Innovation hit a bottom in May. The ETF did end the second quarter up 9%, but it’s…

3 Min Read

Chase Shut Down Bank Accounts of the Compass Mining

The CEO of Compass Mining, Whit Gibbs, announced via Twitter that Chase bank has close the company’s bank accounts without…

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CEO of Coin Ninja Pleads Guilty to the $300M Money Laundering Case

Larry Dean Harmon also agreed to the forfeiture of over 4,400 bitcoin, valued at over $200M at today’s prices.

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Fireblocks Hires The Former SEC Chair for Its Advisory Board

Jay Clayton joins as a member of Fireblock’s Advisory Board.

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ETC Group’s Crypto ETPs to be Listed on The Vienna Stock Exchange

ETPs are “100% physically backed and central counterparty cleared,” according to the ETC Group.

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Hot wallets of the Japan’s Liquid Global Exchange compromised

Liquid specified four blockchain addresses – in Bitcoin, Ethereum, Tron and XRP – that are associated with the hacker.

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Coinbase Collaborates With One of The Largest Banks in Japan

By using the Coinbase platform, Millions of users in Japan will get access to their easy-to-use and trustable exchange in…

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ASIC Issues a Warning Against the Unlicensed Crypto Businesses

ASIC has received a number of reports from Australians who have used unlicensed platforms to trade crypto-asset related financial products,…

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Binance is Being Warned by DNB for Providing Illegal Services

The Dutch central bank has joined the list of regulators who have issued warnings regarding Binance's illegal operation.

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Is Bitcoin Maximalist Jack Being Tolerant Towards the Taliban?

In Brief: Twitter CEO Jack, Is reportedly, letting the Talibans have access to their platform.By contrast, Facebook has promised to…

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Records of The Countries Adopting Cryptocurrencies Quickly

Global crypto adoption grew by over 2300% since the Q3 of 2019 and over 881% since 2020

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Facebook Enters Crypto Wallet Market With Launch Of New Novi Wallet

According to Marcus, the Novi wallet is an interoperable digital wallet that would “allow people, and eventually small businesses.”

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Mobilecoin Raises $66 Million in The Series B Funding Round

Mobilecoin intends to use Series B Funding to future develop Mobilecoin’s products, including MoBot.

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Binance Hired Ex-US Cybercrime Expert to Investigate Money Laundering

Binance is under increasing attention in Washington, including an investigation by the Department of Justice and the Internal Revenue Service.

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Coinbase Has built A Cash Stockpile Of $4 Billion

, the company stress-tests its balance sheet to ensure that it has sufficient funding to prepare for tighter regulatory regimes,…

2 Min Read

Q2 Financial Results was Declared by Galaxy Digital

In Brief: Galaxy Digital releases financial results for the Second Quarter of 2021In a recent earnings call, Galaxy reported a…

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Zhao Says Hiring More Regulatory Staff Is His Top Priority

Zhao said, "I'm spending practically all of my time" on the compliance drive.

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Congressmen McHenry Submitted a Letter to the CFTC and SEC

U.S. Congressmen have requested SEC and CFTC to generate a joint working group on Digital Assets with market participants.

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