Cryptocurrency news

Bitcoin climbed to a fresh 2023 high on Thursday as excitement around a likely Bitcoin ETF approval grew toward a fever pitch.The price of the world’s top cryptocurrency climbed more than 3.5%, to touch $37,000 for the first time since May 2022. Ethe...

Bitcoin, the world's largest crypto asset by market capitalization, has shown impressive resilience and notable growth, outshining traditional assets with its value ballooning by more than 110% since January.The latest excitement around Bitcoin is dr...

Bitcoin, the world’s biggest cryptocurrency in terms of market value, has broken records as it now boasts the highest number of profitable wallet addresses on record, even though its price is still 50% behind its all-time high.Last week, Bitcoin's pr...

Bitcoin is up 50% so far in 2023, beating major commodities and stock indexes. Industry insiders said this year’s bank collapses have sent investors looking for alternatives to the traditional banking system, while there is also anticipation of a slo...

Data from independent think tank The Money Mongers has revealed that since 2011, crypto hacks have costthe industry $12.36 billion, 30.74% of which came from 192 cryptocurrency exchanges that cumulatively lost $3.8 billion to cybercriminals.The repor...

Kraken, the U.S.–based cryptocurrency exchange hasrecently secured an EU e-money license. The company has ambitious moves for further expansion and is also reportedly planning to offer trading of U.S. listed stocks.The cryptocurrency business is plan...

Renowned cryptocurrency derivatives exchange Bybithas announced that it is suspending services in the U.K. ahead of the introduction of the new rules by the Financial Conduct Authority (FCA), the financial regulatory body in the country.The Dubai-hea...

Crypto assets witnessed a significant surge on Tuesday, following a pivotal US court decision that paves the way for the country's first bitcoin exchange-traded fund (ETF).This landmark ruling serves as a boost for crypto enthusiasts while striking a...

In the rollercoaster world of cryptocurrencies — marked by price surges, plunges, and regulatory question marks — many regions have opted for strict oversight or outright rejection. Not Hong Kong. The semi-autonomous Chinese city-state is doubling do...

After starting the year with around $66 billion, the market capitalization of the world's largest stablecoin is now approaching the $84 billion threshold.In May, Tether Holdings Ltd. released its quarterly assurance report, revealing a net profit of...

Bitcoin has hit a fresh record high in terms of the supply held by long-term investors, according to recent data. Despite an anticipated interest rate increase by the Federal Reserve, the crypto giant's price continues to hold steady.Analysts have de...

Wall Street firms, including Fidelity Digital Assets, Charles Schwab, and Citadel Securities, have backed a new institutional crypto exchange platform, known as EDX Markets.Just days after the U.S. Securities and Exchange Commission (SEC) sued two of...

Cryptocurrency prices tumbled after the Federal Reserve’s June meeting, with Bitcoin sliding below $25,000 for the first time since March.On Thursday, Bitcoin was weaker by around 4% at $24,866.92, while Ether slid more than 5% to $1,632.47. Altcoins...

The United States Securities and Exchange Commission (SEC) has taken legal action against Binance, the world's largest cryptocurrency exchange, as well as its CEO and founder, Changpeng Zhao. The SEC's lawsuit accuses Binance of multiple violati...

The recently unveiled US debt ceiling deal between President Joe Biden and House Speaker Kevin McCarthy has shed light on an interesting aspect of the agreement: the removal of several proposed taxes, including the controversial Digital Asset Mining...