The US Department of the Treasury has requested public opinions on how financial institutions can combat illegal activities involving the use of digital assets, according to a statement on Monday.
Ethereum (ETH) experienced a 3% decline on Monday as BitMine (BMNR) revealed that it had increased its treasury by 373,000 ETH, valued at approximately $1.7 billion.
Bitcoin (BTC) advances the pullback phase below the $115,000 level to test a crucial dynamic support, the 50-day Exponential Moving Average (EMA), at press time on Monday. The pullback spreads amid broader market fear, resulting in liquidations of over $500 million in the last 24 hours.
Bitcoin (BTC) trades in red, slipping below $116,000 at the time of writing on Monday, after notching a record high of $124,474 the previous week. Fading optimism over a potential Federal Reserve (Fed) rate cut following mixed US macroeconomic data last week has weighed on risk sentiment.
Ethereum (ETH) fell 2% on Friday following SharpLink Gaming's (SBET) reported quarterly losses of $103 million despite growing its treasury holdings to 728,000 ETH.
The Federal Reserve (Fed) ended its Novel Activities Supervision Program that monitored crypto activities in banks, with plans to resume its normal supervisory process, according to a statement on Friday.
Securities & Exchange Commission (SEC) Chair Paul Atkins said in a Friday interview that the agency is waiting for lawmakers to pass additional crypto legislation as it "mobilizes" to update its guidance on digital assets.
Circle, the issuer of the second-largest stablecoin, USDC, and Stripe, an Irish-American financial services and software as a service (SaaS) provider, have both announced plans to build their own Layer-1 blockchain protocols, seemingly ditching the largest smart contracts protocol, Ethereum (ETH).
Ripple (XRP) leans slightly bearish, holding above support at $3.00 on Friday.
Worldcoin (WLD) bulls are facing difficultly, attempting to prevent the previous day's sell-off, triggered by revived inflation concerns in the United States (US), from extending toward the range support at around $0.90.
Arthur Hayes, the co-founder of BitMEX and known for his astute market trades, has recently increased his holdings of Hyperliquid (HYPE), Ethena (ENA), and Lido (LDO), on-chain data shows.
Bitcoin (BTC) is attempting a recovery toward the pivotal $120,000 level, trading above $119,000 on Friday.
Bitcoin (BTC) price experiences a whirlwind week, surging to a new all-time high of $124,474 before sharply retreating to hover around $118,800 at the time of writing on Friday.
The cryptocurrency market faced a sudden volatility surge on Thursday, reflecting the change in sentiment following the release of the US Producer Price Index (PPI) data by the Bureau of Labor Statistics (BLS) earlier in the day.
Ripple (XRP) is facing a spike in volatility on Thursday that is impacting most major cryptocurrencies. The international money transfer token is down nearly 5%, trading at $3.10 at the time of writing.
Bonk (BONK) is extending its decline from its July peak of $0.00004070, trading at around $0.00002606 on Thursday.
Bitcoin (BTC) corrects on Thursday after extending a breakout to a new record high of $124,474 earlier in the day, trading at $121,615 at the time of writing. The uptrend triggered price increases among altcoins, with Ethereum (ETH) approaching its record high above $4,800 reached in November 2021.
Bitcoin (BTC) faces a slight pullback after setting a new all-time high of $124,474 in early Asian trading on Thursday. This price surge was fueled by rising expectations that the US Federal Reserve (Fed) will cut interest rates soon and by increasing institutional and corporate demand for BTC.
Pi Network (PI) is holding at $0.40 at press time on Thursday, extending the consolidation range seen in the past few days within a larger falling channel pattern. PI token bulls eye the next leg higher as the selling pressure fades, potentially leading to a channel breakout.
Ethereum (ETH) crossed the $4,700 mark on Wednesday and is approaching its all-time high after Standard Chartered revised its year-end target for the top altcoin to $7,500.
Pump.fun (PUMP) is reversing part of the gains amid volatile sentiment in the broader cryptocurrency market. The token native to Pump.fun meme coin launchpad is trading at $0.00384, down over 4% at the time of writing on Wednesday.
Ripple (XRP) extends gains for the second day in a row, trading at around $3.26 on Wednesday.
Cardano (ADA) offers bullish signals on Wednesday underpinned by strong sentiment in the broader cryptocurrency market. ADA exchanges hands at around $0.87, up over 4% at the time of writing.
Bitcoin (BTC) price trades above its key resistance at $120,000 at the time of writing on Wednesday, near the record high, fueled by improved market sentiment after the US Consumer Price Index (CPI) data came slightly softer than expected on Tuesday.
Cryptocurrency prices are showing bullish signs on Wednesday, backed by strong market sentiment after the US Consumer Price Index (CPI) data showed that inflation increased, but below market expectations.
Altcoins are gaining momentum this week, with Aave (AAVE), Curve DAO (CRV), and Arbitrum (ARB) standing out as top contenders for further gains due to a favourable technical setup.
Customers of defunct crypto exchange FTX are accusing Fenwick & West of direct involvement in the exchange's fraudulent activity through the creation of a structure that enabled fraud and money laundering, according to a filing on Monday.
The cryptocurrency market is back in the green on Tuesday following a volatility-driven correction on Monday as investors anticipated the release of the United States (US) Consumer Price Index (CPI) data.
Circle (CRCL) has announced its second quarter results for the fiscal year 2025, its first earnings release since its Initial Public Offering (IPO) in June.
Ripple (XRP) faces a volatility spike with the price declining slightly to $3.11 on Tuesday as participants in the broader crypto market anticipate the release of United States (US) inflation data.