Cryptocoins News / Finance Magnates - 5 months ago
Major U.S. cryptocurrency mining companies listed on Wall Street reported lower Bitcoin (BTC) production in February compared to January, citing shorter month and network difficulties as key factors. Moreover, the decline in revenue was impacted by a...
Cryptocoins News / Finance Magnates - 5 months ago
Japan is taking a significant step forward in stablecoin adoption, with SBI VC Trade securing regulatory approval to list Circle's USDC. This marks the first time a foreign dollar-pegged stablecoin will be legally distributed in the country. Under Ja...
Cryptocoins News / Finance Magnates - 5 months ago
Amid freezing temperatures and skyrocketing power, Bitcoin mining firm Riot posted lower production in February than in January. The results followed recent heightened volatility in the crypto market. The firm produced 470 Bitcoin, representing an 11...
Cryptocoins News / Finance Magnates - 5 months ago
The US Securities and Exchange Commission (SEC) is currently reviewing multiple filings related to the potential listing of Dogecoin-based exchange-traded funds (ETFs). NYSE Arca has filed a 19b-4 seeking approval to list Bitwise’s Dogecoin ETF, with...
Cryptocoins News / Finance Magnates - 5 months ago
Bybit’s CEO, Ben Zhou, revealed that 20 per cent of the hacked funds from the crypto exchange have “gone dark,” meaning they were either mixed, laundered, or sent to platforms that obscure transactions. Hackers siphoned $1.4 billion from Bybit last m...
Cryptocoins News / Finance Magnates - 5 months ago
Ethereum (ETH), the second-largest cryptocurrency by market cap, has experienced significant price fluctuations, leaving investors and enthusiasts asking, why is Ethereum price down today? As of Tuesday, March 04, 2025, the crypto market remains as v...
Cryptocoins News / Finance Magnates - 5 months ago
Cryptocurrency exchange Kraken announced on Monday (today) that the US Securities and Exchange Commission (SEC) had agreed in principle to dismiss a civil lawsuit accusing it of operating as an unregistered securities exchange. The SEC’s decision fol...
Cryptocoins News / Finance Magnates - 5 months ago
Cardano’s ADA token skyrocketed 64% today (Monday), boosted by a game-changing announcement from President Donald Trump. The U.S. government will establish a strategic crypto reserve, including ADA alongside XRP, Solana (SOL), Bitcoin (BTC), and Ethe...
Cryptocoins News / Finance Magnates - 5 months ago
Cryptocurrency exchange Binance will delist several stablecoins in the European Economic Area (EEA) to comply with the Markets in Crypto-Assets (MiCA) regulation. The delisting will take effect on March 31, 2025, the exchange announced today (Monday)...
Cryptocoins News / Finance Magnates - 5 months ago
Bitcoin’s (BTC) price is surging today, leaving many investors asking what’s driving the sudden climb. Over the past 24 hours, Bitcoin (BTC) has jumped by double digits, breaching the mid-$90,000s after a period of weakness. Several key factors are b...
Cryptocoins News / Finance Magnates - 5 months ago
President Trump's announcement of a U.S. strategic cryptocurrency reserve sends Bitcoin, Solana, and XRP prices skyrocketing, signaling a bold move into digital assets.U.S. Unveils Strategic Cryptocurrency ReserveHold onto your digital wallets! In a...
Cryptocoins News / Finance Magnates - 5 months ago
US President Donald Trump made a surprising announcement on his social media platform, Truth Social, stating that Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), Cardano (ADA), and “other valuable cryptocurrencies” would be added to the country’s s...
Cryptocoins News / Finance Magnates - 5 months ago
As of March 1, 2025, XRP, the native token of the XRP Ledger developed by Ripple, is experiencing a significant price drop, trading at approximately $2.13 - a 17% decline in the last 24 hours and a whopping 31% drop over the past month. This has left...
Cryptocoins News / Finance Magnates - 5 months ago
The growing demand for regulated cryptocurrency investment tools has prompted CME Group to introduce Solana (SOL) futures. Pending regulatory approval, these new contracts will reportedly launch on March 17 and aim to offer institutional and retail i...
Cryptocoins News / Finance Magnates - 5 months ago
Bithumb has signed a sponsorship deal with FC Seoul for the 2025 season, the cryptocurrency exchange announced today (Friday). The partnership is part of Bithumb’s outreach efforts to offer customers unique experiences.The sponsorship follows a separ...
Cryptocoins News / Finance Magnates - 5 months ago
The Securities and Exchange Commission (SEC) formally admitted yesterday (Thursday) that meme coins do not fall under its purview as they cannot be categorised as securities. Despite this, most of the top meme coins dropped by over 10 per cent in the...
Cryptocoins News / Finance Magnates - 5 months ago
From political maneuvers to massive hacks, here's why Bitcoin is taking a nosedive.Bitcoin, the poster child of cryptocurrencies, has taken a sharp dive, plunging to around the $80,000 mark at the time of writing—depths it hasn’t plumbed in over thre...
Cryptocoins News / Finance Magnates - 5 months ago
The U.S. Securities and Exchange Commission (SEC) has dismissed its lawsuit against Coinbase, marking a significant shift in its approach to regulating the cryptocurrency industry. The move comes as the agency launches the Crypto Task Force, which ai...
Cryptocoins News / Finance Magnates - 5 months ago
The U.S. Securities watchdog ended its investigation into Gemini without filing enforcement charges, but the exchange’s Co-Founder, Cameron Winklevoss, isn’t letting it go. In a fiery post on X, Winklevoss condemned the agency’s handling of the probe...
Cryptocoins News / Finance Magnates - 5 months ago
The cryptocurrency market has experienced significant turbulence in early 2025, with Bitcoin falling from its all-time high of $109,000 in January to $82,000 by end of February. This 20% decline has left many investors wondering what factors are driv...
Cryptocoins News / Finance Magnates - 5 months ago
Cryptocurrency exchange Bybit has received In-Principle Approval (IPA) from the Securities & Commodities Authority (SCA) of the United Arab Emirates to set up as a Virtual Asset Platform Operator. The approval, dated February 18, 2025, comes shor...
Cryptocoins News / Finance Magnates - 5 months ago
MARA Holdings, the publicly listed Bitcoin (BTC) miner from Wall Street (NASDAQ: MARA), announced record financial results for the fourth quarter and full year 2024. Revenue, net income, and adjusted EBITDA significantly increased despite April's bit...
Cryptocoins News / Finance Magnates - 5 months ago
USDT stablecoin issuer Tether has failed to secure a court order to block its former bitcoin mining partner, Swan Bitcoin, from pursuing a lawsuit in California, the Financial Times reported. The UK High Court dismissed Tether’s request for an injunc...
Cryptocoins News / Finance Magnates - 5 months ago
Cryptocurrency exchange Bybit experienced a security breach resulting in the unauthorized transfer of over $1.4 billion in liquid-staked Ether (ETH) and MegaETH (mETH). The exchange reported unauthorized access to one of its Ethereum cold wallets on...
Cryptocoins News / Finance Magnates - 5 months ago
A new industry survey has revealed significant disparities in crypto over-the-counter (OTC) trading volume estimates. Some liquidity providers suggest daily figures exceeding $100 billion, while the average estimate stands at approximately $39 billio...
