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 U.S. Securities and Exchange Commission (SEC) has dismissed its civil action against cryptocurrency exchange Gemini with prejudice, meaning the case cannot be refiled. The SEC initially accused Gemini of offering unregistered securities through its Earn program. The dismissal follows a settlement between Gemini and the SEC regarding the
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The head of the Office of the Comptroller of the Currency (OCC), appointed by former President Trump, is moving forward with the consideration of a bank charter for the Wyoming-based digital asset firm, Wyoming Financial (WLF). This decision is significant as it could pave the way for more cryptocurrency-related institutions
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Democrats have introduced ethics-focused amendments to the crypto market structure bill currently under consideration. These amendments aim to enhance consumer protections and ensure greater transparency within the cryptocurrency industry. Key provisions include stricter regulations on digital asset exchanges and measures to prevent market manipulation. The proposed changes reflect concerns about
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A Bitwise executive has drawn parallels between the recent surge in silver prices and the potential for an altcoin season in the cryptocurrency market. The rise in silver, attributed to increased demand and macroeconomic factors, mirrors the conditions that could lead to a resurgence of altcoins as investors seek alternatives
China
The FBI has arrested a former Olympic athlete accused of being a drug kingpin who allegedly used cryptocurrency to facilitate the movement of drug proceeds. The individual is charged with operating a large-scale drug trafficking operation, utilizing digital currencies to obscure financial transactions. Authorities believe the use of crypto allowed
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Bitcoin's price remains stable, showing little movement as it hovers around the $27,000 mark. In contrast, a specific gaming token has experienced a significant surge, skyrocketing in value and attracting investor attention. This divergence highlights the varying performance of cryptocurrencies, with some tokens outperforming Bitcoin despite its
China
The U.S. Securities and Exchange Commission (SEC) has dismissed a lawsuit against Gemini, the cryptocurrency exchange co-founded by the Winklevoss twins, regarding its Earn product. The lawsuit was initially filed by the SEC in January 2023, alleging that Gemini's Earn program constituted an unregistered securities offering. The
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BitGo's stock fell below its initial public offering (IPO) price on its second day of trading, closing at $8.50, down from the IPO price of $10. The decline reflects broader market volatility and concerns about the cryptocurrency sector's stability. Analysts noted that investor sentiment remains
China
The Senate Agriculture Committee has released a draft proposal for regulating the cryptocurrency market, which includes several provisions aimed at addressing concerns raised by Democratic lawmakers. Key elements of the draft focus on consumer protection, market transparency, and the establishment of a regulatory framework for digital assets. The proposal seeks
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CertiK, a blockchain security firm, is considering an initial public offering (IPO) following a valuation of $2 billion. The CEO indicated that the company is exploring various options for growth and expansion, including the potential IPO. CertiK has gained prominence for its security audits and solutions in the cryptocurrency space,
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On October 18, 2023, Bitcoin experienced a notable price surge, reaching $35,000, driven by increased institutional interest and positive market sentiment. Ethereum also saw gains, climbing to $2,200, as developers announced significant upgrades to its network. Meanwhile, regulatory discussions continued in the U.S., with lawmakers considering new
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The U.S. Securities and Exchange Commission (SEC) has dismissed its civil action against cryptocurrency exchange Gemini with prejudice, meaning the case cannot be refiled. The SEC initially charged Gemini in January 2023 for allegedly offering unregistered securities through its Earn program. The dismissal comes as part of a settlement