Stay ahead in the fast-moving world of cryptocurrency with our up-to-date global news coverage. From Bitcoin and Ethereum to DeFi, NFTs, and blockchain innovation, we deliver the latest market trends, expert insights, and key developments shaping the crypto industry. Get the news you need to make informed decisions — all in one place.
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The Senate has advanced a housing bill that includes a ban on central bank digital currencies (CBDCs), receiving support from the White House. The legislation aims to address housing issues while also restricting the development and implementation of CBDCs in the U.S. Proponents argue that the ban is necessary
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Core Scientific reported disappointing fourth-quarter results, leading to a decline in its stock price. The company experienced a significant drop in revenue, attributed to lower Bitcoin prices and increased operational costs. Despite efforts to optimize its mining operations, Core Scientific faced challenges in maintaining profitability. The results have raised concerns
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PayPay, which holds a 40% stake in Binance Japan, is planning to raise up to $1.1 billion through an initial public offering (IPO) on Nasdaq. The company aims to leverage its position in the growing digital payment and cryptocurrency sectors. This move comes as PayPay seeks to expand its
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The U.S. Senate's housing bill has introduced a provision that bans the development of a central bank digital currency (CBDC) by the Federal Reserve. This move is part of a broader effort to limit government involvement in digital currencies and protect consumer privacy. Proponents of the ban
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Demand for Bitcoin futures has dropped to its lowest levels since 2024, raising concerns about institutional interest in the cryptocurrency market. This decline in futures trading volume suggests that institutions may be pulling back from Bitcoin investments. Analysts point to various factors, including regulatory uncertainties and market volatility, as potential
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US authorities are attempting to recover $327,000 in USDt linked to a romance fraud scheme. The funds were reportedly obtained through deceptive practices where victims were misled into believing they were in romantic relationships. The investigation highlights the growing concern over cryptocurrency being used in scams. Law enforcement is
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Following recent US-Israeli airstrikes, Iranian cryptocurrency outflows surged by 700%. This dramatic increase reflects heightened economic uncertainty and a rush to secure assets amid geopolitical tensions. Analysts suggest that the spike in crypto transactions indicates a growing trend among Iranians to use digital currencies as a means of preserving wealth.
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US prosecutors are seeking the forfeiture of $327,000 in cryptocurrency linked to a romance scam that defrauded victims online. The funds were allegedly obtained by an individual who posed as a U.S. Army general and tricked victims into sending money under false pretenses. The scam involved creating fake
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Scientists have developed a biodegradable plastic alternative using milk protein, specifically casein, which is abundant and renewable. The new material, created through a process that involves dissolving casein in water and adding a plasticizer, demonstrates similar properties to conventional plastics. This innovation aims to address the environmental issues associated with
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Bitcoin experienced a 5% increase on Monday, primarily attributed to short-covering rather than new buying activity, according to analysts. This surge occurred as traders who had bet against Bitcoin were forced to close their positions, leading to a rapid price rise. The market sentiment remains cautious, with analysts noting that
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Tether and Anchorage have partnered with Deloitte to produce the first reserve report for the USAT stablecoin. This report aims to enhance transparency and trust in the stablecoin's backing. The collaboration signifies a move towards greater accountability in the cryptocurrency space. The USAT stablecoin is designed to maintain
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Core Scientific reported disappointing Q4 results, leading to a decline in its stock price. The company faced challenges due to lower Bitcoin prices and increased operational costs, which impacted its profitability. Despite a rise in Bitcoin production, the financial performance did not meet market expectations. Core Scientific's management