Cryptocurrency News

Billionaire hedge fund manager, the founder of Tudor Investment, Paul Tudor Jones believes that Bitcoin and Ether will grow in price in a post-recession market. In an interview with CNBC’s Squawk Box, he said that cryptos could see essential growth in the future. Talking about the global economy...

Russian users of LocalBitcoins began to receive notifications from the platform that it is planning to leave the Russian Federation soon. As the Rozetked network resource clarifies, the exit from the domestic market is associated with tougher sanctions against Moscow. Recall that within the...

The Reserve Bank of India formally introduced its own CBDC proposal late last week. The regulator has released a study on the possibilities for the virtual rupee and any issues that might develop following the launch of the currency. According to the report, CBDC will serve as one of the...

Federal Police of Brazil seized gold, luxury cars, and watches worth 4 billion Brazilian reals (about $766 M) while raiding houses of the members of a gang led by businessman Francisley Valdevino da Silva, known as "Sheik dos Bitcoins". According to a report by a local newspaper, the...

NFT-focused blockchain development company Dapper Labs announced suspending Russian accounts. In a blog post, the Dapper Labs team mentioned that the decision came after the European Union imposed new bans against Russia and Russian nationals. According to the EU statement released on October 6,...

Cryptocurrency exchange Huobi Global agreed to be purchased by Hong Kong-based investment company About Capital Management's M&A fund. According to the investment manager, after the transaction, Huobi will see a series of international brand promotions and business expansion. It's envisioned...

TV personality Jim Cramer tweeted that he bought a farm with Bitcoin earnings and a boat with Ether. Cramer dared people to bet against him adding "You do not do this for 42 years and lose money every year." In an earlier tweet, the CNBC Mad Money host said he always welcomes people...

Analysts at Ark Invest found that long-term investors or so-called hodlers have been buying up bitcoins over the past few months. They took advantage of the collapse of the BTC rate in the spring and summer of 2022 and accumulated a record amount of cryptocurrency. Currently, hodlers control...

Payments company Visa built a partnership with the cryptocurrency exchange FTX to offer debit cards in 40 countries. The cards will allow holders to spend their crypto funds from FTX accounts. So, users won't need to withdraw their cryptocurrencies from the exchange to spend them. The cards make it...

In the third quarter of 2022, the cryptocurrency market entered a long phase of consolidation. A recovery began in September, according to a DappRadar report. One of the most important events of the third quarter was the renewal of Ethereum and the transition of the network to the Proof-of-Stake...

South Korean prosecutors have detained a Terraform Labs (TFL) employee who was on the run in the country and requested a warrant for his arrest. Law enforcement believes the man named Yoo in the report is one of TFL CEO Do Kwon's key aides. The suspect is believed to have been "market...

The US stock exchange Nasdaq revealed its plans to debut its digital currency storage platform in September. However, as Nasdaq Vice President Tal Cohen said to reporters the day before, the same company does not currently have plans to establish an exchange for dealings involving virtual assets. ...

Popular crypto exchange Binance got approval by authorities to provide services in Central Asian country Kazakhstan. An announcement by the exchange says the permanent license identifies Binance as a regulated business with strong compliance and security controls. Binance will be able to offer...

Bloomberg Intelligence released Cryptos Outlook October edition, which mentions positive trends in the crypto market. According to senior commodity strategist at Bloomberg Intelligence, Mike McGlone, amid the rate hikes by more central banks, we see the tendency resuming for Bitcoin, Ethereum and...

While law enforcement agencies have been looking for Terraform co-founder Do Kwon to arrest him after Interpol's red notice, his location remains unknown. In response, the Ministry of Foreign Affairs of South Korea released a public notice on October 5 saying it would invalidate Kwon's passport if...

The current week started with the strengthening of bitcoin. The largest digital currency for the first time since the end of September began to trade above $20,000. In a day, the BTC rate strengthened by 4% to $20,092. Altcoins were also able to partially win back losses. Ether (ETH) rose to $1340,...

A new release by the blockchain analysis platform Chainalysis says the Middle East and North America (MENA) may be one of the smaller crypto markets but it's also the fastest growing. Chainalysis' 2022 Global Crypto Adoption Index reveals that from July 2021 to June 2022, MENA-based users received...

Payments industry giant Mastercard has launched new software to fight against crypto fraud. According to an announcement by the company, the tool with the name "Crypto Secure" allows banks to identify and block transactions from crypto exchange platforms that have been linked to fraud....