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Crypto Business News
Solana price rises 4%, other altcoins fall; Is it too late to buy SOL?
Solana (SOL) has been one of the few bright spots in the cryptocurrency market over the past few days.While major altcoins fell, SOL recorded gains of more than 4% and is currently trading above…
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While OKX and Bybit were on the rise, Binance lost 5% of its market share.
binance, The $76 billion daily trading volume cryptocurrency exchange, the most trusted among investors, has seen many ups and downs in 2023, with CZ facing regulatory hurdles that could halt $4…
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Bitcoin ETF Investing Essentials: An In-Depth Pre-Buy Guide
Understand the fundamental differences between decentralized Bitcoin and regulated Bitcoin ETFs.Spot Bitcoin ETFs involve a meticulous process from secure storage to share issuance, with the goal of…
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A whopping 80 million XRP was transferred from an unknown wallet this month.
XRP reserves are released each month, as in January XRP moved a significant amount of XRP to anonymous wallets. In an X post, analyst Whale Alert shared data showing that XRP had moved 80,000,000…
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Socket Protocol lost $3.3 million in recent security breach
socket, a blockchain interoperability protocol, disclosed a breach that resulted in over $3.3 million in losses. This exploit, due to a flaw in user input validation, targeted wallets that granted…
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Pullix (PLX) Rockets Past Spinoff (INJ) and Ripple (XRP) with Unprecedented Market Momentum
Pullix (PLX) has recently taken center stage in the DeFi market. Many analysts have pegged this six-stage pre-sale project as the next 100x altcoin in 2024. But could this shake up popular players…
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IRS eases cryptocurrency tax reporting rules, temporarily exempting transactions over $10,000
The IRS is temporarily suspending reporting of cryptocurrency transactions over $10,000 until regulatory guidance is in place.Cryptocurrency advocates see this as a positive development that provides…
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CryptoTony predicts new all-time high for INJ, strong statistics for TON, ELDG prepares for launch.”
With gains of over 2,390% over the past year, Injective's performance is overly impressive and has established itself as one of the best cryptocurrency coins on the market. In a bullish flight,…
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Grayscale, BlackRock and Fidelity hold almost all funds – $1.6 billion on day 3
The trio, which was approved for trading last week, has trumped its rivals with funding from Grayscale, BlackRock and Fidelity leading the 11 spot Bitcoin ETFs currently available for trading.…
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EU strengthens anti-money laundering rules for crypto companies to tackle illicit activities.
In a groundbreaking move, the European Union's banking watchdog has stepped up efforts to combat financial crime in the cryptocurrency sector. The European Banking Authority (EBA) has issued new…
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