Crypto News
Welcome to the Crypto News category page on the Krypto Channel website, your one-stop hub for all things related to the vibrant and ever-evolving world of cryptocurrencies.
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Republican Senator Marshall Withdraws Support for Anti-Crypto Bill
Republican Senator Roger Marshall has withdrawn his support for the Digital Asset Anti-Money Laundering Act (DAAMLA), a controversial bill he…
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Ethereum ETFs Disappoint on Second Day of Trading with Net Outflows
The debut of Ethereum exchange-traded funds (ETFs) in the US market this week led to substantial shifts. Grayscale’s Ethereum Trust…
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Spot Ether ETFs Begin Trading with Strong Inflows Despite Grayscale Outflows
The U.S. debut of spot Ethereum exchange-traded funds (ETFs) saw notable net inflows of $106.6 million on their first trading…
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Biden’s Exit Creates Opportunity for Democrats to Win Back Crypto Voters
President Joe Biden’s decision to step out of the presidential race has sparked discussions on the potential for the Democratic…
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XRP Tumbles as SEC Cancels Meeting with Ripple Execs
In mid-July, the cryptocurrency XRP witnessed a dramatic surge in value, rising by over 53% at its peak, achieving a…
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State Street Expands into Blockchain with Plans for a New Stablecoin
State Street, a leading financial institution based in Boston, is advancing its blockchain strategy by developing its own stablecoin. The…
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BlackRock Leads Surge in Bitcoin ETF Investments
In recent trading days, Bitcoin exchange-traded funds (ETFs) have seen an unprecedented influx of over $1 billion, driven by both…
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SEC Set to Launch Spot Ethereum ETFs Next Week
The Securities and Exchange Commission (SEC) is likely to green-light spot Ethereum exchange-traded funds (ETFs) this week, with trading set…
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Bitcoin Reaches 2-Week High After the Failed Assassination Attempt on Donald Trump
In a stunning turn of events, Bitcoin surged to over $62,500, reaching its highest value in two weeks, following an…
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The Fear & Greed Index Indicates Extreme Fear as BTC Stalls Below $60k
In recent days, the cryptocurrency market has seen significant turbulence, with Bitcoin failing to breach the $60,000 resistance level. This…
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BitMEX Dismisses Renewed DOJ Charges as “Old News”
Cryptocurrency exchange BitMEX has been charged again by the U.S. Department of Justice (DOJ) for violations of the Bank Secrecy…
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Spot Ethereum ETFs Poised for Launch as SEC Nears Final Approvals
The launch of several spot Ethereum ETFs is nearing fruition, with the U.S. Securities and Exchange Commission (SEC) and issuers…
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Dubai Customs Advances Trade Efficiency with New Blockchain Platform
In an ambitious move to fortify its status as a global trade hub, Dubai Customs introduced a cutting-edge blockchain platform…
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Germany Accelerates Bitcoin Sell-Off, Sparking Market Concerns
Germany’s ongoing sale of Bitcoin (BTC) has stirred significant market reactions and debates over the wisdom of its strategy. The…
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Mt. Gox Begins Long-Awaited Crypto Repayments Amid Market Tumult
Mt. Gox, the once-dominant crypto exchange, has commenced the distribution of Bitcoin (BTC) and Bitcoin Cash (BCH) to its creditors,…
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Crypto Market Faces Sharp Downturn, Causes Over $268M In Liquidations
Bitcoin experienced a notable drop to $57,874, marking its first fall below the $58,000 threshold in over two months. As…
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Circle Secures First E-Money License Under EU’s MiCA Regulations
Circle, a leading player in the cryptocurrency space, achieved a groundbreaking milestone on July 1 by becoming the first global…
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Sony Enters Cryptocurrency Market with Strategic Acquisition
Sony Group has made a decisive move into the cryptocurrency exchange market by acquiring Amber Japan, a move that positions…
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Polymarket Sees Surge in Betting as U.S. Presidential Election Nears
Over $200 million has been wagered on the decentralized predictions platform Polymarket over the upcoming U.S. election, signaling a significant…
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Dormant Bitcoin Wallet Springs to Action With $61 Million BTC Transfer to Coinbase
A cryptocurrency wallet that had lain dormant for six years suddenly became active early Friday, transferring a whopping 1,000 BTC…
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Marathon Digital Dives Into Kaspa Mining to Expand Revenue Base
Marathon Digital, traditionally a Bitcoin powerhouse, has recently branched out to mine Kaspa (KAS), a token engineered to solve Bitcoin‘s…
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Nubank Boosts Crypto Transactions with Lightning Network
In a significant development for cryptocurrency in Latin America, Nubank, a leading Brazilian digital bank, has announced a partnership with…
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Mt. Gox’s Repayment Plan Spurs Panic, But Long-Term Effects Likely Minimal
The announcement from the trustees of the defunct Mt. Gox exchange about starting repayments in July 2024 initially sent shockwaves…
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Dogwifhat Faces Steep Decline and Leaves Top 50
In a striking downturn, Dogwifhat, a Solana-based memecoin, has seen its market capitalization shrink dramatically, dropping out of the top…
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Gemini Founders Bolster Trump’s Campaign with $2 Million Bitcoin Donations
In a bold move underscoring the cryptocurrency sector’s burgeoning political clout, Tyler and Cameron Winklevoss have donated $2 million in…
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Crypto-Backed Super PAC Fairshake Gains Momentum Ahead of U.S. Elections
As the U.S. election season heats up, Fairshake, a Super PAC significantly funded by cryptocurrency enterprises, has amassed a staggering…
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Ethereum Climbs Back Above $3,500 as SEC Ends Investigation
Ethereum’s valuation recently soared past $3,500, spurred by the U.S. Securities and Exchange Commission’s (SEC) decision to close its investigation…
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Cryptocurrency Market Faces Steep Liquidations Amid Price Slide
The cryptocurrency market experienced a tumultuous period, with investors witnessing significant losses across various digital currencies. In the last 24…
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Ripple Fights SEC’s $2 Billion Fine, Using Recent Terraform Labs Ruling
Ripple Labs is vigorously contesting a $2 billion fine requested by the US Securities and Exchange Commission (SEC), branding the…
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Terraform Labs and Do Kwon Face $4.5B Fines in SEC Case
The US District Court for the Southern District of New York has finalized a significant judgment against Terraform Labs and…
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Trump Rallies Bitcoin Miners with Bold Promises
In a recent gathering at Mar-a-Lago, former President Donald Trump met with key executives from the Bitcoin mining industry, reiterating…
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