Market News

Whether you’re an investor, trader, or simply interested in the world of cryptocurrencies, our Crypto Market News category offers timely and insightful coverage to help you stay on top of this rapidly evolving industry.

Binance's market share dropped from 57.5% in February to 43% as of May 31

Binance Faces Increased Competition from Other Crypto Exchanges

Binance, one of the leading cryptocurrency exchanges, has experienced a significant decline in market share, losing a quarter of its dominance since February. The decrease

June 2, 2023
Coinbase announced its intention to launch Bitcoin and Ether futures contracts on June 5 through its CFTC-regulated derivatives exchange.

Coinbase Expands Offerings with BTC and ETH Futures on Derivatives Exchange

On June 1, Coinbase announced its intention to launch Bitcoin (BTC) and Ether (ETH) futures contracts on June 5 through its Commodity Futures Trading Commission

June 2, 2023
GameStop Corporation (NYSE: GME) is set to expand its offerings in the Web3 gaming

GameStop and Telos Foundation Launch Web3 Gaming Platform

GameStop Corporation (NYSE: GME), the renowned video game and merchandise retailer, is set to expand its offerings in the Web3 gaming space through a partnership

June 2, 2023
PayPal Ventures

PayPal investing millions in San Francisco-based crypto wallet company Magic

Payments giant PayPal is making further inroads into the digital assets space with a significant investment in San Francisco-based crypto wallet company Magic. The strategic

June 2, 2023
The National Bank of Georgia has announced plans to launch mandatory supervision of virtual asset service providers starting September 1

Georgian Central Bank Targets Crypto Firms for AML Compliance

The National Bank of Georgia (NBG) has announced plans to launch mandatory supervision of virtual asset service providers (VASP) starting September 1, 2023. The NBG’s

June 1, 2023
U.S. Sen. Elizabeth Warren

US Senator Elizabeth Warren Calls for Action to Stop Crypto from Being Used to Traffick Fentanyl

U.S. Sen. Elizabeth Warren, a longtime critic of cryptocurrency, called for regulation of the industry to combat money laundering during a congressional hearing on Wednesday.

June 1, 2023
Minswap DEX built on the Cardano blockchain has achieved a remarkable milestone by reaching an ATH daily trading volume exceeding $20 million.

Decentralized Exchange Minswap Sees Record Trading Volume

Minswap, a decentralized exchange (DEX) built on the Cardano blockchain, has achieved a remarkable milestone by reaching an all-time high daily trading volume exceeding $20

June 1, 2023
US Lawmakers to Explore Regulation of Digital Asset Spot Market

US Lawmakers to Discuss Regulation of Digital Asset Spot Market

The House Agriculture Committee will hold a hearing on June 6 titled “The Future of Digital Assets: Providing Clarity for Digital Asset Spot Markets.” The

June 1, 2023
The legal case involving FTX exchange has taken a significant turn as it has been transferred to the Third Circuit Court of Appeals

FTX Fights for Survival as Case Heads to Appeals Court

The legal case involving the popular cryptocurrency exchange FTX has taken a significant turn as it has been transferred to the Third Circuit Court of

June 1, 2023
Sam Bankman-Fried said he relied on the advice of Silicon Valley law firm Fenwick & West in his defense against fraud charges.

Bankman-Fried Seeks to Use Law Firm Advice as Defense in FTX Fraud Case

Disgraced cryptocurrency exchange founder Sam Bankman-Fried said he relied on the advice of Silicon Valley law firm Fenwick & West in his defense against fraud

May 31, 2023
Cryptocurrency exchange Binance has announced that it will delist privacy tokens in France, Italy

Binance to Remove Privacy Tokens from Trading in France, Italy, Spain, and Poland

Cryptocurrency exchange Binance has announced that it will delist privacy tokens in France, Italy, Poland, and Spain starting on June 26. The move comes as

May 31, 2023
Crypto exchange Bybit announced on Tuesday that it will exit the Canadian market

Bybit Exits Canada, Following Binance in Latest Regulatory Crackdown

Cryptocurrency exchange Bybit announced on Tuesday that it will exit the Canadian market and stop opening new accounts for users starting Wednesday. The exchange cited

May 31, 2023
Coinbase CEO Brian Armstrong criticized US lawmakers over their approach to bringing “regulatory clarity”

Coinbase CEO Brian Armstrong Slams US Regulators for ‘Restrictive’ Crypto Policies

Coinbase CEO Brian Armstrong criticized US regulators over their approach to bringing “regulatory clarity” to cryptocurrency and warned that innovation is moving offshore. In a

May 31, 2023
The United Arab Emirates (UAE) central bank has issued new anti-money laundering (AML) and counter-terrorism financing (CTF) guidance for financial institutions that deal with virtual assets (VAs).

UAE Central Bank Issues Guidance for Crypto Service Providers

The United Arab Emirates (UAE) central bank has issued new anti-money laundering (AML) and counter-terrorism financing (CTF) guidance for financial institutions that deal with virtual

May 31, 2023
Nansen Lays Off 30% of Staff Amid Crypto Winter

Nansen Lays Off 30% of Staff in Cost-Cutting Move

Nansen, a blockchain data analytics platform, announced that it had laid off 30% of its staff. The company said that the layoffs were necessary to

May 31, 2023
Arthur Hayes

Former BitMEX CEO Warns of ‘Explosive’ Times for Bitcoin and Financial Markets

Arthur Hayes, the former CEO of the cryptocurrency exchange BitMEX, predicted that Bitcoin (BTC) could explode in price in the third and fourth quarters of

May 31, 2023
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