Category: Crypto

Bitcoin (BTC) consolidates near $58,500 as investors anticipate a possible Fed rate cut and regulatory clarity from the UK’s new crypto bill.
The post Bitcoin (BTC) Consolidating Near $58,500; Fed Rate Cut Hopes and UK Crypto Bill in Focus appeared first on Cryptonews. …

The U.S. spot Bitcoin exchange-traded funds (ETFs) saw net outflows totaling $43.97 million on Wednesday, halting a two-day streak of positive inflows.
The post US Spot Bitcoin ETFs Witness $44M Outflows, Breaking Two-Day Positive Flow Trend appeared first on Cryptonews. …

The WazirX hacker has transferred nearly $23m in crypto to mixing tool Tornado Cash following the $234m July breach.
The post WazirX Hacker Transfers Nearly $23M in Crypto to Tornado Cash So Far appeared first on Cryptonews. …

Stablecoin usage in Singapore was significantly lower, with only $161 million worth of transactions in 2023.
The post Singapore’s Stablecoin Payments Reached $1B in Q2: Report appeared first on Cryptonews. …

Bitcoin whale activity has significantly decreased since the cryptocurrency reached its yearly high in March, according to recent data.
The post Bitcoin Sees 33.6% Drop in Whale Transactions Since March Peak appeared first on Cryptonews. …

BONK price attempted a recovery move this week, but as the $0.000017+ surge crumbled into a seismic dump, traders quietly snapped up a rival meme coin. In this article, we dive into BONK’s latest price action and uncover whether this under-the-radar meme coin could deliver the biggest gains of 2024. Very clean chart on $BONK […]
The post Bonk’s Rally Has Everyone Talking, But Traders Are Quietly Buying Into a Different Meme Coin appeared first on Cryptonews. …

The UK has introduced the Property (Digital Assets, etc) Bill to Parliament, which seeks to officially recognize cryptocurrencies, non-fungible tokens (NFTs), and other tokenized digital assets as personal property under English and Welsh law for the first time.
The post UK Introduces Bill to Officially Recognize Cryptocurrency appeared first on Cryptonews. …

Brazilian police and tax officials say they have frozen around $1.6 billion worth of crypto and fiat held on crypto exchanges and bank accounts.
The post Brazilian Police Block $1.6B Worth of Crypto and Fiat in Nationwide Raids appeared first on Cryptonews. …

Luxury brands are adopting blockchain for digital product passports, ensuring full traceability and authenticity of goods as regulations tighten across the EU.
The post Why Blockchain Is Important For Fashion Brands Enabling Digital Product Passports appeared first on Cryptonews. …

The former Fidelity Digital Assets and Bank of New York Mellon executive joins Marinade to drive institutional adoption and promote the growth of the Solana ecosystem.
The post Marinade Appoints Ex-Fidelity, BNY Mellon Exec Hadley Stern As Chief Commercial Officer appeared first on Cryptonews. …