Crypto News

Bakkt Holdings sheds more than 6% on the first day of trading on the NYSE.

Bakkt Holdings, an institutional and retail-facing digital asset platform founded by Intercontinental Exchange, has suffered a drawdown of -6.4% after closing a volatile first day of trading as a publicly listed company on the New York Stock Exchange. After...

U.S. Treasury Department’s report says cryptocurrencies could undermine sanctions.

The U.S. Treasury Department said in a report that cryptocurrencies could undermine the effectiveness of U.S. sanctions. The report followed a six-month review of U.S. sanctions against countries with whom it is at odds or suspects of being behind the illegal...

Bakkt Holdings is all set to go public on New York Stock Exchange.

The crypto asset custodial and trading platform Bakkt will be listed on the New York Stock Exchange under the ticker BKKT from Oct 18, 2021. The company is owned by International Exchange Incorporated, which owns the NYSE. Bakkt Holdings has...

The entire crypto market cap hits at an all-time high of $2.6 trillion.

Cryptocurrency markets have been climbing again to kick off the week, and the total market capitalization has reached a record high once again. The market capitalization for all cryptocurrencies has reached an all-time high of $2.6 trillion. This had...

Grayscale might be considering converting its Bitcoin Trust into BTC-settled ETF.

Institutional investment giant Grayscale is reportedly considering converting its Bitcoin Trust into a physically settled exchange-traded fund (ETF). The CEO of Grayscale's parent company Digital Currency Group, Barry Silbert, yesterday hinted that Grayscale is making plans to convert its...

Bitcoin adoption gains momentum in El Salvador as citizens exchange their U.S. dollars for bitcoin.

El Salvador’s mainstream Bitcoin adoption has gained momentum during the ongoing bull run as citizens increasingly exchange their United States dollar savings for Bitcoin. President Nayib Bukele shared this new development on Twitter based on the data acquired from...

Bitcoin breaks above $62,000 as Jack Dorsey announces plans to build a BTC mining system.

Bitcoin saw its price break above $62,000 once again after Twitter and Square Jack Dorsey revealed his plans to build a bitcoin mining system based on custom silicon and open source for individuals as well as businesses. "If we...

Crypto payments still banned in Russia, but trading allowed.

A poll conducted in August 2021 by the foreign exchange market found that about 77% of respondents said that their "most forward-looking" investments are cryptocurrencies, including BTC, LTC, and ETH. About 8.8% of respondents preferred gold as the best investment, and...

Ripple announces it has joined the Digital Pound Foundation to design a path for a CBDC.

One of the world’s leading providers of enterprise blockchain and cryptocurrency solutions, Ripple, announced today that the company has joined the Digital Pound Foundation to design a path for a CBDC-forward future. In an official press release, Ripple mentioned that...

Russian President Putin says crypto has value but maybe not suited for oil trading.

In an interview with CNBC, Russian President Vladimir Putin said that cryptocurrencies have value — but he's not convinced they can replace the U.S. dollar in settling oil trades. Some months ago, Russia's deputy prime minister, Alexander Novak, suggested...

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The European Central Bank appoints an advisory group for the digital euro project.

The European Central Bank has announced the appointment of the Digital Euro Market Advisory Group. This organization will give council to...