Cryptocoins News / Finance Magnates - 2 months ago
A federal judge yesterday (Thursday) ordered a hold on the Securities and Exchange Commission’s (SEC) lawsuit against crypto exchange giant Binance for 60 days. The order followed a joint request by both parties.Relying on the Crypto Task ForceIn the...
Cryptocoins News / Finance Magnates - 2 months ago
The crypto bull market of late 2024 propelled Coinbase to a strong fourth quarter, with revenue reaching $2.27 billion. The company also experienced a solid growth in transaction volumes, boosted in part by renewed optimism in the regulatory landscap...
Cryptocoins News / Finance Magnates - 2 months ago
Two Estonian nationals pleaded guilty to running a large-scale cryptocurrency Ponzi scheme. The scheme defrauded hundreds of thousands of people worldwide, including in the United States. The defendants agreed to forfeit more than $400 million in ass...
Cryptocoins News / Finance Magnates - 2 months ago
Binance Coin (BNB) has surged 13% in the past 24 hours, reaching $721 today (Thursday). This strong rally has outpaced the broader crypto market, driven by increasing demand for BNB in memecoin trading and Binance Chain’s latest developments. With Bi...
Cryptocoins News / Finance Magnates - 2 months ago
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, saw a notable increase on Wednesday as it attempted to rebound from multi-month lows. The price movement followed reports that CBOE and 21Shares plan to introduce staking opt...
Cryptocoins News / Finance Magnates - 2 months ago
Coinbase is in discussions with Indian regulators as it considers reentering the market after halting operations in 2023. The US-based cryptocurrency exchange has engaged with India’s Financial Intelligence Unit (FIU) to explore regulatory compliance...
Cryptocoins News / Finance Magnates - 2 months ago
Riot Platforms, a publicly listed Bitcoin miner from Wall Street (NASDAQ: RIOT), is strengthening its leadership team and accelerating its push into artificial intelligence computing. It has appointed three new board members with extensive data cente...
Cryptocoins News / Finance Magnates - 2 months ago
A hotter-than-expected U.S. inflation report shocked the financial markets today (Wednesday), triggering sharp declines across cryptocurrencies and equities. Bitcoin tumbled below $95,000 following the release of January’s Consumer Price Index (CPI)...
Cryptocoins News / Finance Magnates - 2 months ago
Bitpanda has received approval from the UK’s Financial Conduct Authority (FCA) to expand its cryptocurrency services in the country. The approval allows the Austria-based platform to offer its full range of digital asset products to UK investors.This...
Cryptocoins News / Finance Magnates - 2 months ago
President Donald Trump's cryptocurrency venture, World Liberty Financial (WLFI), announced a major strategic initiative called "Macro Strategy" to establish a token reserve, marking a significant expansion in the digital asset space during his second...
Cryptocoins News / Finance Magnates - 2 months ago
Japanese financial services firm Monex Group Inc. reported a third-quarter net loss of ¥9.9 billion ($67 million), primarily due to one-time expenses related to its cryptocurrency subsidiary Coincheck's Nasdaq listing, even as its core businesses sho...
Cryptocoins News / Finance Magnates - 2 months ago
The publicly listed Wall Street Bitcoin (BTC) miner HIVE Digital Technologies (NASDAQ: HIVE) reported fourth-quarter revenue of $29.2 million and adjusted EBITDA of $17.3 million. While the numbers are slightly lower than in the same period a year ag...
Cryptocoins News / Finance Magnates - 2 months ago
American crypto custody platform BitGo is planning to go public with an initial public offering (IPO) by the second half of 2025, Bloomberg reported, citing “people familiar with the matter.” The company is already in talks with potential advisors fo...
Cryptocoins News / Finance Magnates - 2 months ago
Altcoins, particularly Cardano (ADA), have posted impressive gains recently despite Bitcoin struggling to maintain the psychological $100,000. ADA's positive gains were boosted by developments involving exchange-traded funds impacting the altcoins. A...
Cryptocoins News / Finance Magnates - 2 months ago
Cryptocurrency exchange Gemini, which recently selected Malta as its European hub, has received in-principle approval for an Investment Firm licence from the Malta Financial Services Authority (MFSA).A Pan-European Derivatives LicenceOnce the licence...
Cryptocoins News / Finance Magnates - 2 months ago
The US Securities and Exchange Commission (SEC) and Binance filed a joint motion on February 10 to pause their legal case for 60 days. This motion marks the first pause in major cryptocurrency litigation since Mark Uyeda became the acting SEC chair,...
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
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 - 2 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 - 2 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 - 2 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...
