Category: News
Latest crypto news. Do not miss what is happening in the cryptocurrency market.
Crypto’s Stunning Rebound: Inflows Smash Records Even as Market Crashed to Zero
Reading time: < 1 minuteIn a week of extreme volatility that saw some cryptocurrencies briefly plunge to zero, the crypto investment landscape delivered a stunning surprise.
Strategy Acquires 220 More Bitcoin for $27 Million, Boosting Total Holdings to 640,250 BTC
Reading time: < 1 minuteAccording to a Monday press release, Strategy purchased an additional 220 Bitcoin between October 6 and 12 at an average price of $123,561 per coin.
Longs Decimated as Crypto Market Sees Near-Record $10 Billion Liquidation
Reading time: < 1 minuteCryptocurrency traders faced a devastating setback as a market-wide correction liquidated approximately $9.55 billion, primarily from investors betting on higher prices.
After Ban and Fine, Binance Traders Face Reckoning in Indian Tax Evasion Sweep
Reading time: < 1 minuteHundreds of India’s wealthy crypto traders are now in the crosshairs of the taxman, following the turbulent history of the Binance exchange in the country.
Controversial Pardon for Convicted Crypto Exec CZ Reportedly Under Consideration
Reading time: < 1 minuteThe Trump White House is reportedly weighing a controversial pardon for Changpeng “CZ” Zhao, the Binance founder who was convicted on federal money laundering charges just last year and served time in prison.
JPMorgan: Solana ETF Approval Imminent, But Inflows to Lag at $1.5B
Reading time: < 1 minuteSpot Solana ETFs are likely to get the green light from the SEC by the October 10 deadline, JPMorgan says.
Bybit Wins Full UAE Crypto License, Boosting Global Expansion
Reading time: < 1 minuteBybit is now a fully licensed crypto exchange in the UAE after receiving a Virtual Asset Platform Operator License from the country’s Securities and Commodities Authority.
Kraken Broadens Reach, Offers Direct Trading of CME Oil and Gold Futures
Reading time: < 1 minuteCrypto exchange Kraken is now offering direct access to traditional CME Group derivatives, including contracts for oil, gold, and major stock indices.
Gemini Goes Local Down Under, Eyes Market Share with Rival’s Former Chief at the Helm
Reading time: < 1 minuteIn a direct challenge to competitors, Gemini is launching a full-scale Australian operation with a local entity and a seasoned executive from a rival exchange.
BoE to Exempt Exchanges from Strict Stablecoin Caps, Bloomberg Reports
Reading time: < 1 minuteThe Bank of England will introduce exemptions to its planned caps on stablecoin holdings, Bloomberg reported Tuesday.
