Crypto Financial News

Evertas, the first digital asset insurance company has announced its acquisition of Bitsure, the first crypto mining insurance provider as it looks to expand its coverage in multiple jurisdictions. 

After reaching a 13-month high of $31,800 on Thursday, Bitcoin has pulled back over the last couple of days and is now facing resistance around $30,000. 

Crypto bulls are looking to extend gains recorded in the first half of the year with positive signals trickling in from bonds and the equities markets. 

The US crypto industry has a new favorite banking partner, a small Pennsylvania-based called Customers Bank.

The Financial Stability Board (FSB) has called for improved global digital asset regulation with the safety of user assets at the center of policies.

With an unwavering conviction in the potential of cryptocurrencies, Larry Fink, helmsman of BlackRock, the world's most influential asset management firm, expressed a stronger faith in digital assets as investment tools today. His contention is that cryptocurrencies will "transcend any one currency."

Solana (SOL) hit a fresh annual high of $32.13, buoyed by strong positive market movement. SOL's price surged 23.5% in a single day at its peak.

Digital asset payment network, Ripple (XRP) has surged over 60% in the past 24 hours following its partial victory against the Securities and Exchange Commission (SEC), putting an end to the three-year-long suit. 

As momentum builds around the ‘digital ruble’, the proposed Central Bank Digital Currency (CBDC) of the Russian Federation, the country’s parliament has inched closer to the landmark legislation. 

Binance, the world's largest cryptocurrency exchange, is drawing traders in India to buy and sell cryptos on its platform while letting them cut deals in rupees — by either online fund transfers from domestic bank accounts, or using services like G-pay, or even physical delivery of cash. Here's a case where an overseas exchange is offering an 'escrow service' that virtually matches a local buyer and seller in an offshore marketplace though the payment is settled here in INR. The transactions are learnt to have attracted the attention of regulators in India. Technically, Binance may not be breaking any law here as it is not running a rupee bank account but simply acting as a neutral third-party, providing an 'escrow facility' for transfer of cryptocurrencies which are anyway not recognised as legal tender. However, chances are that the local traders, putting in 'advertisements' for buying or selling cryptos on the Binance site, which is replete with Indian log-in names, may be overstepping rules on exchange control and anti-money laundering.

The rise of artificial intelligence (AI) has outshined the once dominant crypto narrative, a new study shows.

Calgary police are warning the public about a cryptocurrency scam that involves scammers who are posing as officers.

investors have adopted a cautious «wait and watch» stance as they anticipate the recovery of their beleaguered portfolios, created during crypto's most significant bull run in 2021, even as the crypto market shows signs of revival in the first half of 2023, driven predominantly by a resurgent Bitcoin. Bitcoin has jumped more than 80% in 2023, and the overall crypto market is now touching $1.19 trillion. «Most Indian crypto investors bought digital assets when the market was on a tear, and when in 2022 the market corrected sharply, their portfolios shrank substantially. Now they are just waiting to recover their initial investments. The 30% crypto tax has really dampened the enthusiasm of Indian crypto investors, further adding to their apprehension regarding the recovery prospects of their portfolios,» said Vishal Gupta, a Noida-based crypto investor. Chahal Verma, a Gurugram-based crypto investor said 2023 has proven to be an interesting year for the crypto markets, particularly Bitcoin, despite regulatory hurdles.

South Korea-based Delio is currently under scrutiny as the country's Financial Services Commission (FSC) investigates the crypto lending firm for alleged fraud, embezzlement, and breach of trust.

Tata Group chairman emeritus Ratan Tata today said he has no associations with cryptocurrency of any form. «I request netizens to please stay aware. I have no associations with cryptocurrency of any form,» the 85-year-old industrialist said in a tweet. He said if you see any articles or ads mentioning his association with cryptos, they are absolutely untrue and meant to scam citizens. Earlier, Mahindra Group chairman Anand Mahindra was also the victim of such fake news report claiming his latest investment in cryptocurrencies had left «banks terrified» and «experts in awe». The report had claimed that the tycoon has found a 'wealth loophole' that can make investors a millionaire in three to four months. Mahindra had then come out with a similar clarification saying that he has not invested a single rupee in cryptos.

The Dogecoin price is gaining 1.11% so far today to trade at $0.06546, but the uptick is likely little more than a temporary reprieve for battered bulls.

The price of PepeCoin skyrocketed almost 100% in the past month, catching the attention of cryptocurrency market observers.

Bitcoin's price remained above $30,000 today, with investors anticipating the potential impact of the upcoming options expiry on the cryptocurrency's value.

The HarryPotterObamaSonic10Inu meme coin, listed as $BITCOIN, is commonly recognized as the "people's bitcoin" or the "real bitcoin" within its community--and its rise to the spotlight is almost as dramatic.

Binance, the leading cryptocurrency exchange, has changed its initial decision to delist several privacy coins in Europe.

The crypto market, led by Bitcoin, is exhibiting a strengthening positive trend as the current trading session unfolds, propelled by a heightened institutional focus on the sector.