Cryptocoins News / Finance Magnates - 2 months ago
Two separate digital asset fraud schemes have resulted in the US federal court orders requiring perpetrators to pay over $9.1 million in restitution to defrauded victims, the Commodity Futures Trading Commission (CFTC) announced yesterday (Monday).“M...
Cryptocoins News / Finance Magnates - 2 months ago
Despite a booming cryptocurrency market surpassing $10.6 trillion in transaction volume, illicit crypto activity saw a notable decline in 2024. Estimated at $45 billion, the volume of illicit transactions fell 24% year-over-year, accounting for just...
Cryptocoins News / Finance Magnates - 2 months ago
The cryptocurrency market remained relatively quiet over the past 24 hours, with most major digital assets showing minor losses or consolidation. However, Litecoin (LTC) stood out with a strong rally, gaining more than 10% and emerging as the best pe...
Cryptocoins News / Finance Magnates - 2 months ago
Global cryptocurrency exchange spot volumes experienced a significant cooldown in January 2025, dropping 19.5% to $1.73 trillion from December 2024's record-breaking $2.14 trillion. The decline occurred even though in January, the market was reaching...
Cryptocoins News / Finance Magnates - 2 months ago
The cryptocurrency market experienced turbulence as former President Donald Trump announced substantial tariffs on steel and aluminum imports, with XRP particularly affected by the market uncertainty.Why Is XRP Down Today? Token Faces Pressure Follow...
Cryptocoins News / Finance Magnates - 3 months ago
The Commodity Futures Trading Commission (CFTC) is set to organize a CEO Forum with industry firms to discuss the upcoming launch of its digital asset markets pilot program. The focus of the program will be on tokenized non-cash collateral, such as s...
Cryptocoins News / Finance Magnates - 3 months ago
Ethereum’s price continues its downward trajectory, losing 16% in the past week, according to the latest CoinMarketCap data. With key support levels weakening, analysts are increasingly concerned about a potential drop to $1,200. The network's domina...
Cryptocoins News / Finance Magnates - 3 months ago
Official Trump $TRUMP, the meme coin founded by US President Donald Trump, is at the center of Controversy. At the time of writing, the token was down 8% and 33% in the past day and week, respectively.According to an exclusive report by Reuters, Trum...
Cryptocoins News / Finance Magnates - 3 months ago
The cryptocurrency market could see Bitcoin (BTC) price reach an unprecedented milestone of $1 million per coin by 2030, potentially matching gold's current market capitalization of $19.3 trillion, according to a bold prediction from a prominent tech...
Cryptocoins News / Finance Magnates - 3 months ago
HIVE Digital Technologies, the publicly listed Bitcoin miner from Wall Street (NASDAQ: HIVE), announced its January production results alongside a significant expansion into Paraguay.Despite the overall slowdown in the industry and a decline in produ...
Cryptocoins News / Finance Magnates - 3 months ago
The cryptocurrency targeting global payments, XRP, is facing headwinds. Its price is currently trading at $2.45, representing a 6% and 19% decline in the past day and week, respectively. XRP fell as low as 8% today (Wednesday), reaching a low of $2.3...
Cryptocoins News / Finance Magnates - 3 months ago
The cryptocurrency targeting global payments, XRP, is facing headwinds. Its price is currently trading at $2.45, representing a 6% and 19% decline in the past day and week, respectively. XRP fell as low as 8% today (Wednesday), reaching a low of $2.3...
Cryptocoins News / Finance Magnates - 3 months ago
BlackRock, one of the world’s largest asset managers, is set to bring its Bitcoin investment offering to Europe, marking a major step in its growing crypto ambitions, Reuters reported.After its successful US Bitcoin ETF, which has reportedly amassed...
Cryptocoins News / Finance Magnates - 3 months ago
Since the US securities regulator approved spot Bitcoin ETFs, the funds have posted record performance in the recent past. Investor enthusiasm for such funds reached an unprecedented level, with net flows soaring more than 100%. According to a report...
Cryptocoins News / Finance Magnates - 3 months ago
The Securities and Exchange Commission (SEC) is reassigning more than 50 lawyers and staff, who were solely responsible for cryptocurrency enforcement actions, to other divisions, The New York Times reported yesterday (Wednesday), citing five anonymo...
Cryptocoins News / Finance Magnates - 3 months ago
Leading U.S. Bitcoin miners from Wall Street reported varied production results for January 2025, as extreme weather conditions and network difficulty fluctuations impacted operations across multiple regions.Wall Street Bitcoin Miners Report Mixed Ja...
Cryptocoins News / Finance Magnates - 3 months ago
A legal battle is brewing over the US Treasury’s decision to grant Elon Musk’s Department of Government Efficiency (DOGE) access to sensitive financial and personal data. The American Federation of Labor and Congress of Industrial Organizations (AFL-...
Cryptocoins News / Finance Magnates - 3 months ago
XRP lost nearly 40% during Monday's session, dropping to its lowest levels since November, only to recover and close up 5% by the end of the day. This volatility was triggered by Donald Trump's announcement of 25% tariffs on Mexico and Canada, which...
Cryptocoins News / Finance Magnates - 3 months ago
Kraken has announced the acquisition of a Markets in Financial Instruments Directive (MiFID) license in the EU. The license was obtained through the purchase of a Cypriot Investment Firm, recently approved by the Cyprus Securities and Exchange Commis...
Cryptocoins News / Finance Magnates - 3 months ago
Memecoin Dogecoin (DOGE) took a sharp hit today (Monday), dropping 13% and 21% in the daily and weekly charts, respectively. The bearish sentiment comes as broader market volatility weighs on the cryptocurrency sector. The top three cryptocurrencies,...
Cryptocoins News / Finance Magnates - 3 months ago
Bitcoin (BTC) price continues its fourth day of decline, testing the lowest levels in nearly a month on Monday, February 3, 2025. Since last Friday, the drops reached almost 14% at one point, reacting to reports about new tariff plans from the new-ol...
Cryptocoins News / Finance Magnates - 3 months ago
The cryptocurrency market is witnessing a bloodbath. Most coins have lost their value by double digits in the last 24 hours due to US President Donald Trump’s tariffs on Canada and Mexico.A BloodbathAlthough Bitcoin only lost about 6.5 per cent of it...
Cryptocoins News / Finance Magnates - 3 months ago
Once dismissed as a joke, Dogecoin (DOGE) is now making its way into institutional finance. Grayscale, a major US-based asset management firm, has launched a Dogecoin Trust, arguing that the token’s low transaction fees and fast processing times make...
Cryptocoins News / Finance Magnates - 3 months ago
Publicly listed Wall Street Bitcoin (BTC) miner Bitfarms Ltd. (NASDAQ: BITF) has appointed two consulting firms, Appleby Strategy Group (ASG) and World Wide Technology (WWT), to assess the feasibility of integrating high-performance computing (HPC) a...
Cryptocoins News / Finance Magnates - 3 months ago
The US Securities and Exchange Commission (SEC) has approved the 19B-4 filing for Bitwise’s Bitcoin-Ethereum exchange-traded fund (ETF). This decision moves NYSE Arca closer to listing and trading shares of the fund.In its statement, the SEC noted th...
