Cryptocoins News / Finance Magnates - 2 months ago
Pi Network's Open Mainnet is live, allowing external trading of Pi Coin; major exchanges are listing it, but skepticism persists due to transparency issues.The Long-Awaited Launch: Pi Network Goes LiveAfter years of anticipation and a fair share of d...
Cryptocoins News / Finance Magnates - 2 months ago
SEC approved a yield-bearing stablecoin, introducing a new era for crypto stablecoins. The asset class is an important aspect of the crypto market that facilitates billions of daily transactions. However, they have traditionally lacked yield, forcing...
Cryptocoins News / Finance Magnates - 2 months ago
XRP has surged nearly 7%, making it the strongest-performing cryptocurrency over the past 24 hours. This rally is driven by news of ongoing work on the world’s first spot XRP ETF, set to debut soon in Brazil.Let’s take a closer look at why XRP’s pric...
Cryptocoins News / Finance Magnates - 2 months ago
The Czech Republic officially enacted a new cryptocurrency law that simplifies tax rules and brings the country in line with the European Union’s Markets in Crypto-Assets (MiCA) regulations. The legislation, signed by President Petr Pavel, aims to su...
Cryptocoins News / Finance Magnates - 2 months ago
Nigeria has filed a lawsuit against Binance, seeking $79.5 billion in damages for economic losses and $2 billion in back taxes. The case was revealed in court documents today (Wednesday), the Guardian reported.Authorities blame Binance for worsening...
Cryptocoins News / Finance Magnates - 2 months ago
Bitcoin is trading within a narrow range of $93,000 to $106,000, signaling potential for major price movement in the coming days. The waning market sentiment comes amid a report that Bitcoin millionaires have largely declined in Trump’s second term....
Cryptocoins News / Finance Magnates - 2 months ago
SkyBridge Capital founder Anthony Scaramucci has outlined an ambitious vision for cryptocurrency markets in 2025, predicting Bitcoin will reach $200,000 while highlighting the potential establishment of a U.S. strategic Bitcoin reserve under a Trump...
Cryptocoins News / Finance Magnates - 2 months ago
Market turbulence hits Solana and XRP as scandals and regulatory uncertainties shake investor confidence.Solana's Descent: Political Scandals and Memecoin MayhemSolana (SOL) has had a rough start to 2025, plunging more than 40% in just a month. The p...
Cryptocoins News / Finance Magnates - 2 months ago
BitGo, known for offering crypto custody solutions, has expanded its services by announcing yesterday (Tuesday) the launch of an over-the-counter (OTC) trading desk specifically targeting institutions to trade cryptocurrencies.The Stealth Platform Co...
Cryptocoins News / Finance Magnates - 2 months ago
After hitting an all-time high of $261 in January, Solana (SOL) has dropped nearly 60% amid the fading excitement of the meme coin market that once propelled its growth. As SOL trades below the $183 support-turned-resistance price level for the first...
Cryptocoins News / Finance Magnates - 2 months ago
Robinhood is expanding its services to the Asian market, now setting its sights on Singapore as a base for its activities in the region. The trading platform plans to introduce crypto products in the country once it finalizes its $200 million acquisi...
Cryptocoins News / Finance Magnates - 2 months ago
MARA Holdings, a publicly listed Bitcoin mining company on Wall Street, has finalized its acquisition of a wind farm located in Hansford County, Texas. The facility has an interconnection capacity of 240 megawatts and a nameplate wind capacity of 114...
Cryptocoins News / Finance Magnates - 2 months ago
FTX has started repaying creditors today (Tuesday), beginning with those in the “Convenience Class.” This group includes creditors with claims of $50,000 or less.These individuals will receive full repayment along with 9% annual interest accrued sinc...
Cryptocoins News / Finance Magnates - 2 months ago
While the broader cryptocurrency market struggles, Cardano’s ADA is among the top-performing altcoins. At the time of this publication, Cardano’s ADA traded for 0.8035, representing a 3% and 14% decline in the past day and week, respectively. On the...
Cryptocoins News / Finance Magnates - 2 months ago
Binance Co-Founder and former CEO Changpeng Zhao has denied rumors that the cryptocurrency exchange is for sale.Co-founder Yi He also addressed the rumors. She claimed they were part of a PR strategy by a competitor and suggested that Binance would r...
Cryptocoins News / Finance Magnates - 2 months ago
Although Ethereum’s price has been steadily declining, it is attempting a recovery but faces a possible pullback at key price resistance levels. The market is now closely watching whether ETH can surge past $3,036 or if a further downside is inevitab...
Cryptocoins News / Finance Magnates - 2 months ago
The European Securities and Markets Authority (ESMA) has unveiled comprehensive guidelines requiring crypto-asset service providers to ensure their staff meet stringent knowledge and competency standards. This marks a significant step toward professi...
Cryptocoins News / Finance Magnates - 2 months ago
Cryptocurrency scams are on track to reach an unprecedented $12.4 billion in 2024, with artificial intelligence and sophisticated investment schemes driving the surge, according to new data from blockchain analytics firm Chainalysis.Crypto Investment...
Cryptocoins News / Finance Magnates - 2 months ago
The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced today (Monday) that it has taken action against 13 remittance and digital currency exchange providers while investigating more than 50 other such firms.Reporting Failure Leads...
Cryptocoins News / Finance Magnates - 2 months ago
Phoenix Group, the first UAE-listed cryptocurrency mining company, reported mixed financial results for 2024, with strong mining revenue growth contrasting against an overall decline in total revenue and profitability.UAE Bitcoin Miner Sees Mixed Res...
Cryptocoins News / Finance Magnates - 2 months ago
Juventus FC, one of Italy's most iconic football clubs, found an unexpected backer in the cryptocurrency space. Tether, the issuer of the $140 billion stablecoin USDT, has acquired a minority stake in the club, signaling a broader expansion into spo...
Cryptocoins News / Finance Magnates - 2 months ago
Bybit, one of the renowned cryptocurrency exchanges, was removed from the regulatory blacklist of France’s Autorité des Marchés Financiers (AMF). “After more than 2 years of working with the French regulator through multiple remediation efforts, BYBI...
Cryptocoins News / Finance Magnates - 2 months ago
Dogecoin's price movements have been anything but stable, yet there is optimism the meme coin is primed for a major rally. Recent predictions place DOGE's next peak anywhere between $2.20 and $4, with influential traders highlighting the current rang...
Cryptocoins News / Finance Magnates - 2 months ago
Dubai’s Virtual Assets Regulatory Authority (VARA) recently issued a consumer alert addressing the risks associated with advertisements promoting subscriptions to memecoins. This alert follows the recent partnership between the UAE Ministry of Energy...
Cryptocoins News / Finance Magnates - 2 months ago
Cryptocurrency exchange Bitget has received regulatory approval to operate as a Virtual Asset Service Provider (VASP) in Bulgaria. The license permits the company to offer trading, custody, and other digital asset services as it prepares for broader...
