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.

The Reserve Bank of India is planning to use its presidency of the G-20 nations to raise concerns about the macro risks posed by crypto

India’s Central Bank Calls for G-20 to Regulate Crypto

The Reserve Bank of India (RBI) is planning to use its presidency of the Group of 20 (G-20) nations to raise concerns about the macro

May 30, 2023
The Venezuelan government has blocked the Petro blockchain

Venezuela Shutdowns Petro Blockchain

The Venezuelan government has blocked the Petro blockchain, the underlying technology that powers the Petro cryptocurrency. The news was shared on Twitter by CryptoLand.Vzla, which

May 30, 2023
Trezor sales have skyrocketed by 900% in the past week

Trezor Sees 900% Sales Increase Amid Concerns About Security

Trezor sales have skyrocketed by 900% in the past week, despite warnings from Reddit users about fake Trezor phishing websites being promoted across social media.

May 30, 2023
Bitcoin (BTC) is currently experiencing a significant discount on the Australian branch of the Binance crypto exchange

Bitcoin selling $5,000 less on than the normal price on Binance Australia

Bitcoin (BTC) is currently experiencing a significant discount on the Australian branch of the Binance crypto exchange, resulting in a price drop of up to

May 30, 2023
Temasek has cut the compensation of the team that recommended investing in the now-bankrupt cryptocurrency exchange FTX.

Temasek’s Losses on FTX Investment Lead to Pay Cuts

Singapore’s state investment firm Temasek has cut the compensation of the team that recommended investing in the now-bankrupt cryptocurrency exchange FTX. The announcement was made

May 29, 2023
Bali's Governor Wayan Koster has warned tourists against using cryptocurrency as a form of payment

Bali’s Governor Issues Warning to Tourists Using Crypto

Bali’s Governor Wayan Koster has warned tourists against using cryptocurrency as a form of payment in the popular tourist destination. Koster said that those who

May 29, 2023
Patricia crypto exchange

Nigerian Crypto Trading Platform Hit by Major Hack

Patricia, a Nigerian gift card and crypto trading platform, announced on May 26 that one of its trading applications had been breached and that BTC

May 29, 2023
Cardano DeFi Market Sees Explosive Growth

Cardano DEX Volume Surges to $68.5 Million

The popular blockchain platform Cardano has seen a remarkable 91% surge in decentralized exchange (DEX) volume over the past week, according to data from DeFiLlama.

May 29, 2023
Bitcoin rose 3.98% over the last 24 hours to US$28,195 at 9:30 a.m. in Hong Kong

Bitcoin Breaks Above $28K

Bitcoin and Ethereum prices rose above key resistance levels on Monday morning, following an in-principle agreement between President Joe Biden and House Speaker Kevin McCarthy

May 29, 2023
Gemini Trust Co. and Genesis have filed a motion to dismiss a lawsuit filed by the SEC

Gemini and Genesis Say SEC’s Lawsuit is “Without Merit”

Gemini Trust Co. and Genesis Global Capital LLC have filed a motion to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC) alleging

May 28, 2023
Crypto exchange Binance has announced that it will be transitioning its Japan users

Binance Re-Enters Japanese Market with New Platform

Crypto exchange Binance has announced that it will be transitioning its Japan users to a new platform beginning this summer. The new platform will comply

May 28, 2023
Arbitrum-based Jimbos Protocol was hacked on the morning of May 28

Arbitrum DeFi Protocol Jimbos Hacked for $7.5M

Arbitrum-based Jimbos Protocol was hacked on the morning of May 28, resulting in the loss of 4,000 Ether (ETH), worth approximately $7.5 million at the

May 28, 2023
A New York housewife has uncovered her husband's hidden Bitcoin assets during her divorce proceedings

New York Woman Targets Half of Husband’s Bitcoin in Divorce

A New York housewife has uncovered her husband’s hidden Bitcoin assets during her divorce proceedings, CNBC reported on Saturday. The woman, who chose to use

May 28, 2023
The Chinese government has released a white paper on Web3

China’s Web3 White Paper Signals Potential Shift in Crypto Policy

The Chinese government has released a white paper on Web3, signaling a potential shift in its policy towards cryptocurrencies. The white paper, titled “Web3 Innovation

May 28, 2023
Binance and Gulf Innova

Binance Receives Licenses to Open Crypto Exchange in Thailand

Binance and Gulf Innova, a Thai digital asset firm, have announced a joint venture to launch a regulated crypto exchange in Thailand. The new exchange,

May 27, 2023
Senator Lummis Calls for Crypto Tax Reform

Senator Lummis Says Biden’s Crypto Tax Plan will “Harm Innovation”

The Biden administration’s proposal to impose a 30% tax on Bitcoin mining has faced backlash from the cryptocurrency community. Critics argue that the tax is

May 26, 2023
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