Cryptocoins News / Finance Magnates - 4 months ago
The crypto industry surged significantly in 2024, delivering a high performance that could shape its future. Investors are now looking ahead to 2025 with predictions of Bitcoin hitting $210,000, Solana reaching $1,000, and institutional adoption tra...
Cryptocoins News / Finance Magnates - 4 months ago
The crypto mining sector witnessed significant economic improvements in December, with mining profitability reaching its highest levels in seven months. The hashprice, a key metric for daily profitability of the publicly listed Wall Street Bitcoin Mi...
Cryptocoins News / Finance Magnates - 4 months ago
Cryptocurrency exchange Bitget has secured a Bitcoin Service Provider (BSP) license from El Salvador's Central Reserve Bank, positioning itself for growth in Latin America's burgeoning crypto market. In response to this news, BGB, the platform’s nati...
Cryptocoins News / Finance Magnates - 4 months ago
Collapsed cryptocurrency exchange, FTX will start distributing funds to investors who incurred losses through partner crypto firms, including Kraken and BitGo.The company announced today (Monday) that its court-approved Plan of reorganization will be...
Cryptocoins News / Finance Magnates - 4 months ago
As Bitcoin hits new highs, miners are buying more of the digital asset, hoping for future gains. On Monday, the leading cryptocurrency soared to an all-time price high of $106 and more than $2.1 trillion in market capitalization. Amid the surge, Bitc...
Cryptocoins News / Finance Magnates - 4 months ago
Ripple has announced that its stablecoin, Ripple USD (RLUSD), will be available on global exchanges starting tomorrow, December 17, 2024. The RLUSD stablecoin is USD-denominated and designed for enterprise use. It is backed by Ripple’s experience in...
Cryptocoins News / Finance Magnates - 4 months ago
A few days after obtaining the approvals in New York, Ripple has warned that its stablecoin might experience volatility when it hits the market. David Schwartz, the company's Chief Technology Officer, also cautioned investors about potential supply s...
Cryptocoins News / Finance Magnates - 4 months ago
Bitcoin price (BTC) reached new unprecedented heights on Monday, surging beyond $106,000 as President-elect Donald Trump's proposal for a national cryptocurrency reserve ignited a fresh wave of enthusiasm in digital asset markets. In the meantime, Va...
Cryptocoins News / Finance Magnates - 4 months ago
The Financial Conduct Authority (FCA) is seeking feedback on its plans to improve transparency in the UK’s cryptocurrency markets. The proposals focus on admissions, disclosures, and market abuse regimes to enhance the integrity of crypto markets and...
Cryptocoins News / Finance Magnates - 4 months ago
Bitpanda, a European crypto platform, has obtained in-principle approval from the Virtual Assets Regulatory Authority (VARA) in the United Arab Emirates (UAE). This was achieved in less than eight months after submission. Once fully licensed, Bitpand...
Cryptocoins News / Finance Magnates - 4 months ago
MicroStrategy and Palantir join Nasdaq 100, Axon shines, and Trump’s Bitcoin reserve plans spark $1.5 trillion speculation. It’s all about tech.MicroStrategy, Palantir and Axon Enterprise secure spots in the Nasdaq 100 and Trump’s Bitcoin reserve pla...
Cryptocoins News / Finance Magnates - 4 months ago
After Bitcoin reached an all-time high of $103k last week, the top cryptocurrency has enjoyed a positive market sentiment despite a few price corrections. Currently, the price is hovering around $100k. According to CoinMarketCap, BTC's market capital...
Cryptocoins News / Finance Magnates - 4 months ago
Top US cryptocurrency exchange Coinbase has warned its users yet again. It has announced that it could delist stablecoins that have not complied with the Markets in Crypto-Asset Regulations (MiCA), including Tether's USDT stablecoin.Coinbase's warnin...
Cryptocoins News / Finance Magnates - 4 months ago
Just a few days after Ripple's stablecoin officially obtained approval from the New York authorities, optimism remains high about the cryptocurrency's potential. Although the price is consolidating in the daily chart, the trend is positive in the wee...
Cryptocoins News / Finance Magnates - 4 months ago
A federal court has ordered five individuals associated with Icomtech to pay more than $5 million in penalties for orchestrating a sophisticated digital asset fraud scheme that targeted nearly 200 investors worldwide.Digital Asset Scheme Operators Hi...
Cryptocoins News / Finance Magnates - 4 months ago
The Australian operator of the crypto exchange Kraken has been ordered to pay AU$8 million (about US$5.1 million) by the local financial markets regulator for illegally offering margin products to more than 1,100 customers in the country.Kraken’s Aus...
Cryptocoins News / Finance Magnates - 4 months ago
A cryptocurrency launched by NFT marketplace Magic Eden made a dramatic debut yesterday (Tuesday). It captured attention with its initial surge in price, only to plummet shortly after. Users eager to claim their airdrops faced a series of frustrating...
Cryptocoins News / Finance Magnates - 4 months ago
Crypto exchange Bitget plans to establish a regional hub in Lithuania ahead of the full implementation of the Markets in Crypto-Assets (MiCA) regulations.A Base for Regulatory ComplianceAccording to the official statement, the company intends to open...
Cryptocoins News / Finance Magnates - 4 months ago
The meme-driven cryptocurrency Dogecoin (DOGE) has surged nearly fourfold over the past two months. Although it is currently undergoing a corrective pullback, this remarkable rally has prompted investors to wonder how high Dogecoin's price could clim...
Cryptocoins News / Finance Magnates - 4 months ago
Google’s revolutionary quantum chip, Willow, is leading to heated debates over Bitcoin's security and the future of crypto resilience.Google’s Willow: The Quantum Chip That Could Redefine ComputingQuantum computing has always been the realm of sci-fi...
Cryptocoins News / Finance Magnates - 4 months ago
The Dutch parent company of the Japanese crypto exchange giant, Coincheck, is becoming one of the few companies in the industry to list its shares on America’s Nasdaq. The crypto firm sealed an agreement with a blank-check company to debut on the Ame...
Cryptocoins News / Finance Magnates - 4 months ago
A Washington state pastor has been charged with operating a $5.9 million fraudulent cryptocurrency scheme that primarily targeted Spanish-speaking members of his own congregation, the Commodity Futures Trading Commission (CFTC) informed.CFTC Charges...
Cryptocoins News / Finance Magnates - 4 months ago
RLUSD, the USD-pegged stablecoin launched by Ripple, has “officially” received approval from the New York State Department of Financial Services (NYDFS), the blockchain firm’s CEO, Brad Garlinghouse, confirmed on social media platform X (formerly Twi...
Cryptocoins News / Finance Magnates - 4 months ago
A Russian lawmaker recently called on the Russian Finance Minister to explore the feasibility of creating a strategic Bitcoin reserve. This idea aims to provide an alternative financial safeguard amidst the growing pressures of international sanction...
Cryptocoins News / Finance Magnates - 4 months ago
While the broader crypto market faces falling prices, a newly launched token dubbed MOVE captured the attention of digital asset traders with an explosive 84% price surge within its first 24 hours. The crypto, utilizing a unique Move programming lang...
