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News: Crypto

Welcome to the crypto news section, the premier destination for comprehensive and up-to-date information on all things related to cryptocurrencies. Serving as an essential resource for enthusiasts and investors alike, this page offers insights into the dynamic world of digital assets - encompassing everything from real-time price fluctuations to announcements of innovative projects and crucial regulatory changes. Here we've got the pulse of the cryptocurrency market covered to ensure you stay informed.

NFTs Are Booming. What Investors Need to Know.

NFTs Are Booming. What Investors Need to Know. NFTs are captivating crypto-imagination. According to Chainalysis, digital assets will be worth $44 billion in 2021, up from nearly nothing in 2019. Although prices have subsequently fallen, the market is still estimated to be worth $30 billion.

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Bitcoin and Other Cryptos Rebound as Investors Return to Risk Assets

Bitcoin and Other Cryptos Rebound as Investors Return to Risk Assets Bitcoin, the most popular cryptocurrency, went up 10% in the last 24 hours to around $38,500, according to CoinDesk statistics. It traded at $45,000 for the majority of the week but fell below $40,000 on Friday as geopolitical anxieties intensified.

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Bank of Russia Proceeds With Digital Ruble, Renews Push for Crypto Ban

Bank of Russia Proceeds With Digital Ruble, Renews Push for Crypto Ban Meanwhile, according to the TASS news agency, the Ministry of Finance is on track to present a measure governing cryptocurrency by February 18.

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Young, Crypto-Savvy Voters May Hold Key to South Korea's Next Election

Young, Crypto-Savvy Voters May Hold Key to South Korea’s Next Election Real estate is the most pressing problem on voters' minds in South Korea right now, since young people under the age of 24 earn roughly KRW 2.6 million (US$2,176) per month, pay exorbitant Seoul rent, and have little possibility of purchasing an apartment.

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Crypto, Stablecoin Boom Make Digital Dollar Push More 'Urgent': Treasury Official

Crypto, Stablecoin Boom Make Digital Dollar Push More ‘Urgent’: Treasury Official The growing acceptance of virtual money has heightened the urgency of developing a central bank digital currency (CBDC), particularly as a multi-agency discussion over cryptocurrency regulation expands.

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Banks Want to Be a Bridge to Bitcoin. How to Invest

Banks Want to Be a Bridge to Bitcoin. How to Invest Investors may now purchase Bitcoin using exchanges such as Coinbase or mobile applications such as PayPal. This might change when banks begin to encroach on cryptocurrency trading and custody services.

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Crypto Investors Should ‘Buckle Up’ For More Volatility: Harvard Lecturer

Crypto Investors Should ‘Buckle Up’ For More Volatility: Harvard Lecturer However, the asset is not yet out of the woods, according to Vikram Mansharanmani, a Harvard University professor and author of "Think for Yourself: Restoring Common Sense in an Age of Experts and Artificial Intelligence." Discover

Bitcoin Is Back Over $41,000 as Cryptos Regain Strength

Bitcoin Is Back Over $41,000 as Cryptos Regain Strength Bitcoin has risen more than 3% in the previous 24 hours, reaching just under $41,700, as the crypto market appears to be regaining steam. At least one trader appears to have benefitted from the gains: Senator Ted Cruz of Texas (R-Texas).

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The U.S. Senate Will Discuss Stablecoins On February 15

The U.S. Senate Will Discuss Stablecoins On February 15 Regulation is a crucial factor throughout the development of new financial assets such as cryptocurrency. As worldwide digital currencies use grows, nations are looking for methods to make them more transparent.

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The Future of Digital Currency Is Arriving Fast. Can the Fed Catch Up?

The Future of Digital Currency Is Arriving Fast. Can the Fed Catch Up? When was the last time you paid for groceries or coffee using dollar bills rather than a swipe of a card or your phone? You (and I) are part of a disappearing breed if you still use cash.

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Bitcoin Owners Expect a Rebound to $55,000 in Six Months, Study Finds

Bitcoin Owners Expect a Rebound to $55,000 in Six Months, Study Finds "This indicates that consumers are less concerned about Bitcoin's price reduction this time around than they were last summer," Charlotte Principato, managing director at Morning Consult, noted in the research.

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India to Tax Crypto Income, Launch Central Bank Digital Currency

India to Tax Crypto Income, Launch Central Bank Digital Currency Tax revenue from the transaction of crypto assets-related products would be charged at a rate of 30%, according to Finance Minister Nirmala Sitharaman's budget address on Tuesday.

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CBDC or Stablecoins: Why Traditional Banks Must Adopt a New and Adaptable Policy

CBDC or Stablecoins: Why Traditional Banks Must Adopt a New and Adaptable Policy Central Bank Digital Currency (or CBDC) and stablecoins are significant indicators that cryptocurrency is here to stay. While governments issue CBDCs, stablecoins are privately created to aid blockchain development.

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Whistleblowers Can Protect Crypto And DeFi

Whistleblowers Can Protect Crypto And DeFi This regulatory movement is consistent with the United States' historical pattern of financial regulation — swinging between more and less regulation depending on whether the desire for greater freedom outweighs the fear of financial instability or vice versa.

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Hong Kong Regulators Impose Limits on Investing in Spot Crypto ETFs

Hong Kong Regulators Impose Limits on Investing in Spot Crypto ETFs According to the paper, the HKMA and SFC are giving the new guidelines in response to "a growing amount of requests" from services engaged in supplying digital asset-backed solutions to their clients. Discover

Crypto Firm Fireblocks Raises $550 Million, Company Valued At $8 Billion

Crypto Firm Fireblocks Raises $550 Million, Company Valued At $8 Billion Fireblocks, virtual asset custody, transfer and settlement platform, stated on Thursday that it had secured $550 million from investment organizations, one of the biggest funding rounds in the crypto industry in recent years.

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