Latest Crypto News

On 20 March, the IMF published the seventh edition of its Balance of Payments Manual (BPM7). The updated manual sets new guidelines on how Bitcoin and other digital assets should be recorded in global economic statistics.

IMF acknowledges Bitcoin as a capital asset in new guidelines

The recent surge in market capitalisation is largely driven by Tether ($USDT), which continues to dominate the sector. $USDT currently holds over 60% of the total market, with a valuation of nearly $144 billion. 

Regulatory clarity fuels stablecoin growth as market surpasses $230B

According to the SEC, PoW mining does not meet the legal definition of an investment contract under the Howey Test. 

SEC confirms Bitcoin mining is not a security under US law

Solana gains momentum with its first ETF, Bonk surges in trading, XRP rises post-Ripple victory, Mubarak leads BSC memecoins, and Ethereum sees network upgrades.

The Best Cryptocurrencies to Buy Now

Following the announcement, $XRP’s price surged by approximately 13%, reaching nearly $2.56.

Ripple’s victory: SEC drops lawsuit after years of legal fight

Becoming a national bank could provide major benefits for crypto companies. It would allow them to lower borrowing costs by accepting customer deposits, which could provide a stable source of funding.

Crypto meets banking: Firms look to secure national charters

Features

Bitcoin price prediction: What’s driving the latest downturn?
June 25, 2024 at 11:42 GMT

Bitcoin price prediction: What’s driving the latest downturn?

Mass investor exodus, ETF outflows, Mt. Gox repayment concerns, and market-wide declines has fuelled a bearish sentiment for Bitcoin.

Why is the crypto market down today?
January 19, 2024 at 12:16 GMT

Why is the crypto market down today?

After several weeks of upward momentum, the cryptocurrency market has recently seen a notable decline. Its overall market capitalisation has decreased by more than 3% in a single day.

Ethereum price prediction: Will ETH sustain above $3,000?
December 14, 2023 at 10:53 GMT

Ethereum price prediction: Will ETH sustain above $3,000?

Recently, Ethereum has experienced a bullish surge, crossing the crucial $3,000 mark. This uptick is largely due to major stakeholders withdrawing and staking significant amounts of $ETH.