The G20’s risk watchdog issued a warning on Thursday about “significant gaps” in the efforts of countries to regulate the rapidly expanding crypto markets, highlighting the potential risks to financial stability. The Financial Stability Board issued a set of recommendations regarding regulations for cryptocurrency in 2023, aiming to align it with the traditional financial sector. … Read more
The cryptocurrency market experienced a jolt following an unexpected announcement from President Trump, triggering a notable flash crash that caused over $19 billion in liquidations. According to sources, this event marked one of the most substantial notional crypto deleveraging events on record. On October 10 at 20:50, the announcement was made, indicating a potential imposition … Read more
Global banking giant Citigroup is gearing up to introduce a cryptocurrency custody service by 2026, signaling its intensified entry into the digital asset arena, according to a report. The initiative represents a significant effort by institutions to adopt blockchain-based financial infrastructure. The crypto custody offering, which has been in development for the past two to … Read more
The cryptocurrency market is experiencing a notable rebound following last week’s sell-off, sparked by former US President Donald Trump’s declaration of imposing 100 per cent tariffs on Chinese imports starting November 1. The action, which shook global risk assets, resulted in a significant decline across digital currencies. Bitcoin, the world’s largest cryptocurrency, reached an all-time … Read more
The cryptocurrency market, along with the world’s largest token Bitcoin, experienced a decline for the second consecutive day on October 12. This downturn followed a market crash triggered by United States President Donald Trump’s announcement of an additional 100 percent tariffs on China. The cryptocurrency market capitalization has decreased to $3.7 trillion, a drop from … Read more
The bitcoin price has fallen to below $107,000, a significant drop from yesterday’s peak of $123,000 and the all-time high of $126,000 reached earlier this week. Meanwhile, other leading cryptocurrencies such as ethereum, XRP, BNB, and solana have experienced even steeper declines, contributing to a staggering $500 billion loss from the total crypto market cap. … Read more
The cryptocurrency market saw a minor decline on Thursday, as leading tokens Bitcoin and Ethereum pulled back from their recent record highs amid profit-taking and a prevailing sense of risk aversion in global markets. Analysts observed that the recent decline in Bitcoin and Ethereum appears to be a temporary adjustment within a broader positive trend. … Read more
In a significant move, global blockchain player and cryptocurrency exchange Binance has rolled out a new feature called ‘Meme Rush’. This innovative addition, developed in collaboration with Four.Meme, is now available for users of its Binance Wallet. The initiative, the company stated, aims to assist users in uncovering and acquiring exclusive meme token projects during … Read more
A competitive push by cryptocurrency firms to launch tokens linked to stocks is triggering concerns among conventional financial institutions and regulatory authorities. They caution that these rapidly emerging products could jeopardize investor safety and the overall stability of the market. With President Donald Trump’s favorable position on cryptocurrency and his administration’s efforts to implement supportive … Read more
Bitcoin continued its strong upward trend, hitting a new all-time high of $126,198 on October 7, exceeding its previous peak of $125,559 recorded just a day earlier. The recent surge is linked to continuous institutional inflows, as investors grow increasingly optimistic about potentially positive signals from the US Federal Reserve. The positive sentiment spread beyond … Read more