Cryptocurrency Financial News

Namibia’s National Assembly has adopted a bill to regulate digital assets, cryptocurrencies, and digital asset service providers in the country. 

cryptocurrency markets were majorly trading in the red on Wednesday ahead of the FOMC meeting minutes. Bitcoin (BTC) fell 0.61% to $30,800, whereas Ethereum (ETH) was below the $1,950 level. BTC volume stood at approximately $10.9 billion, falling 32% in the last 24 hours. «Bitcoin, after surpassing the US$31,000 mark yesterday, is currently consolidating around the US$30,800 level as investors eagerly anticipate the release of the FOMC minutes today,» Edul Patel, Co-founder, and CEO at Mudrex, said. «Presently, neither the bulls nor the bears have a clear upper hand as Bitcoin trades within the middle range between the support and resistance levels. If the price closes above the US$31,000 zone in the coming days, there is a possibility of Bitcoin climbing above the US$32,000 mark in the near future,» Edul added.

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

cryptocurrency markets were majorly trading higher in Monday's trade. Bitcoin (BTC) rose 0.65% to $30,688, whereas Ethereum (ETH) was above the $1,900 level. BTC volume stood at approximately $10.92 billion, rising 26.43% in the last 24 hours. «Bitcoin began the new week trading above the US$30,700 mark but struggled to surpass the US$31,000 level, indicating a lack of urgency among bulls to secure profits at this time,» Edul Patel, Co-founder, and CEO at Mudrex, said. «The price has remained relatively stagnant between US$31,431 and US$29,500 for a while now. If BTC manages to break through the US$31,000 threshold, there is potential for an upward trend; otherwise, support is currently situated at US$29,500,» Edul added.

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.

cryptocurrency markets were trading higher in Friday's trade amid robust economic data from the US, which eased fears of a slowdown, and amid news that Fidelity Investments has refiled for spot Bitcoin ETF. Bitcoin (BTC) surged 1% to $30,657, whereas Ethereum (ETH) was above the $1,850 level. BTC volume stood at approximately $17.3 billion, rising 28.5% in the last 24 hours. «Bitcoin traded over the US$30,600 level gaining nearly 2% in the past 24 hours as the market reacted to Fidelity Investments refiles for spot Bitcoin ETF. Market sentiment was also influenced by the news of Microstrategy buying an additional $374 million worth of Bitcoin,» Edul Patel, Co-founder and CEO at Mudrex, said. BTC's immediate resistance is at the US$30,750 level, and support is at the US$30,420 level, Edul added.

cryptocurrency markets were trading mixed in Wednesday's trade. Bitcoin, XRP, and Polkadot were trading with gains, while BNB, Polygon, and Solana were trading with cuts. Bitcoin (BTC) rose 0.02% to $30,405, whereas Ethereum (ETH) was below the $1,900 level. BTC volume stood at approximately $16.68 billion, rising 9% in the last 24 hours. «Most cryptocurrencies traded flat with minimal fluctuations, fueled by the positive sentiment surrounding the possibility of a Bitcoin ETF and encouraging economic indicators from the US Bitcoin, in particular, maintained its position above the US$30,000 threshold for the fifth consecutive day,» Edul Patel, Co-founder, and CEO at Mudrex, said. «The bears seem to be active near the US$31,000 zone. BTC currently faces immediate resistance at the US$30,680 and US$30,950 levels, while the support level rests at US$30,000,» Edul added.

Canadian lawmakers' recent report has recognized blockchain, crypto, and mining as innovative industries with "significant, long-term" potential, in need of better regulation. 

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.

cryptocurrency markets were majorly trading in the red on Monday. Bitcoin (BTC) fell 2% to $30,221, whereas Ethereum (ETH) was below the $1,900 level. BTC volume stood at approximately $13.19 billion, rising 5.23% in the last 24 hours. «Bitcoin soared to a one-year high, surpassing the US$31,000 mark on Friday. However, it has since entered a consolidation phase, stabilizing around the US$30,000 level within the past 24 hours,» Edul Patel, Co-founder, and CEO at Mudrex, said. «With a notable increase of over 14% in the last seven days, Bitcoin has garnered positive investor sentiment. The key challenge for Bitcoin is to maintain its position above the crucial US$30,000 level, which could potentially trigger further upward movement. BTC's support level is currently set at US$29,500,» Edul added. Other top crypto tokens were also trading in the red. Cardano, Litecoin, and Polygon declined over 3% each. The global cryptocurrency market cap was trading lower, around $1.18 trillion, falling 2% in the last 24 hours.

cryptocurrency markets were trading mixed in Tuesday's trade. Bitcoin, Tron, BNB, and Litecoin were trading with gains, while Ethereum, XRP, Dogecoin, and Cardano were trading with cuts. Bitcoin (BTC) rose 0.32% to $30,360, whereas Ethereum (ETH) was above the $1,850 level. BTC volume in the last 24 hours stood at approximately $15.25 billion, rising 14.39% in the last 24 hours. «Bitcoin continues to show strength above $30,000 with its market dominance above 50%. It is likely to consolidate around this level in the upcoming week. If it can break the $32,400 resistance in the upcoming days, a strong rally towards $35,000 levels is possible,» Vikram Subburaj, CEO of Giottus Crypto Platform, said. The global cryptocurrency market cap was trading around $1.18 trillion, rising 0.27% in the last 24 hours.

As the cryptocurrency market experiences a surge in activity, investment titan Fidelity, which manages an astounding $4.2 trillion in assets, appears to be gearing up for a spot Bitcoin exchange-traded fund (ETF) application.

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.

cryptocurrency markets traded in the red on Friday after rising for three consecutive days. Bitcoin (BTC) declined 0.73% to $30,063, whereas Ethereum (ETH) was below the $1,900 level. BTC volume stood at approximately $18.92 billion, falling 40% in the last 24 hours. «Markets have slipped after a three-day rally. The crypto fear and greed index has registered no movement and continues to remain at a score of 65/100,» Parth Chaturvedi, Investments Lead at CoinSwitch Ventures, said. «BTC, down 1.3%, continues to trade around $30k. BTC’s price is beginning to stall after the BTC ETF excitement within the market. Though we can expect the BTC price to hold firmly around the current levels with support at $29.7k,» Parth added.

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.

cryptocurrency markets rose for the third straight day on Thursday, helped by BlackRock's plan to create a bitcoin exchange-traded fund (ETF) even as the sector faces US regulatory scrutiny. BlackRock, the world's biggest asset manager, filed for the exchange last week which would allow investors to get stakes in the asset class. Bitcoin (BTC) surged 5% to $30,326, whereas Ethereum (ETH) was above the $1,900 level. BTC volume stood at approximately $31.48 billion, rising 25% in the last 24 hours. «Bitcoin hovered above the US$30,000 level gaining 5% over the previous day as investors continued to cherish the news of multiple spot Bitcoin ETF filings,» Edul Patel, Co-Founder & CEO of Mudrex said.

cryptocurrency markets were majorly trading higher on Wednesday. Bitcoin (BTC) surged 8% to $28,840, whereas Ethereum (ETH) was above the $1,800 level. «The crypto market has seen a remarkable surge in trading activity over the past 24 hours, with a total volume of $43.95 billion, representing an impressive 59% increase. Bitcoin has crossed the $28,000 mark due to growing interest from institutions,» Shivam Thakral, CEO of BuyUcoin, said. Other top crypto tokens were also trading higher on Wednesday. Cardano and Litecoin rose up to 9%. Meanwhile, Polygon, Solana, and Polkadot also traded with gains. The global cryptocurrency market cap was trading higher around $1.13 trillion, rising 6% in the last 24 hours. The market cap of Bitcoin, the world's largest cryptocurrency, was around $559 billion. Bitcoin’s dominance is currently 49%, an increase of 0.83% over the day, according to CoinMarketCap. BTC volume stood at approximately $25.85 billion, rising 75% in the last 24 hours.