Category: News
Latest crypto news. Do not miss what is happening in the cryptocurrency market.
Kraken to Launch a Layer 2 Network
Reading time: < 1 minuteAccording to reports, Kraken, a major operator of cryptocurrency exchanges, is looking for a partner to assist in the development of a new Layer 2 blockchain.
Elon Musk Says His Companies Will Not Issue Native Tokens
Reading time: < 1 minuteAccording to Elon Musk himself, none of his companies will ever create their own cryptocurrency token.
Stablecoin’s Market Cap Jumped $600M in October
Reading time: < 1 minuteIn October, a total of $608 million was invested in fiat-backed digital currencies by investors.
Coinbase Rolls Out Crypto Futures Trading for US Users
Reading time: < 1 minuteCoinbase Financial Markets, a subsidiary of Coinbase, is now offering regulated crypto futures trading with USD settlement to retail clients in the United States.
SBF is Found Guilty, Faces Up to 115 Years in Prison
Reading time: < 1 minuteSam Bankman-Fried was found guilty of defrauding customers, lenders, and investors of FTX.
Bitcoin Could Hit $40,000: Expert
Reading time: < 1 minuteOn the daily chart for Bitcoin, a bullish continuation signal was formed with a target of $40,100 after the price broke out of the “pennant” pattern.
Crypto Miner Marathon Digital Launches a Bitcoin Mining Pilot Based on Renewable Energy
Reading time: < 1 minuteMarathon Digital, a mining company, has recently announced the launch of a new pilot project that will utilize renewable energy resources to mine Bitcoin.
Number of Active Addresses on Cardano Blockchain Falls by Almost 30%: Messari
Reading time: < 1 minuteThe number of wallets sending and receiving daily transactions dropped by 29% in July-September, from 58,000 in the second quarter to 41,137.
Tether Says it Has $72.6B in Reserves in US Treasuries
Reading time: < 1 minuteTether’s recent certification report reveals that as of September 30, their assets included US Treasury bills worth $72.6 billion and securities worth $86.38 billion, making up 84% of their total assets.
Turkey to Implement Stricter Supervision Over Crypto
Reading time: < 1 minuteTurkey aims to be removed from the FATF “grey list” by developing regulations for digital assets.
