Crypto News

Cryptocurrencies Wednesday roared back from yesterday's drubbing, with bitcoin nearing a new 18-month high just shy of $38,000 after tumbling below $35,000 at one point on Tuesday.

The 90 day net change in the supply of the top four stablecoins has flipped positive, indicating an inflow of capital into the market.

The exchange's valuation in the $110 million round was less than half of its previous $14 billion valuation, according to the report.

This final approval allows the firm to offer digital asset custodial services to institutional clients and sophisticated investors in Dubai.

The aim of the project was to allow wealth managers to tokenize funds and to be able to purchase and rebalance positions in tokenized assets across multiple interconnected chains.

India's Supreme Court has turned away a petition that sought to direct the government and relevant authorities to frame guidelines for regulating the trading and mining of cryptocurrencies.

Tuesday's sharp decline in crypto prices spurred the largest daily leveraged long liquidation since August, CoinGlass data shows.

An unexpected slowdown in inflation sent stock and bond markets sharply higher, but crypto was left out, possibly due to declining enthusiasm about the imminent approval of a spot bitcoin ETF.

Delaware's Department of Justice may be investigating the fake filing made for an apparent XRP exchange-traded fund.