Bitcoin drops to $94,835 as U.S. economic data sparks bearish sentiment. Key levels to watch: support at $92,500, resistance at $96,080.
The post Why Did Bitcoin Suddenly Crash? Key Factors Behind the BTC Plunge appeared first on Cryptonews. …
Category: Cryptocurrencies
Organizations Accept Crypto Donations to Help Los Angeles Wildfire Relief Efforts
The LA wildfire has displaced thousands and claimed lives. Nonprofits like The Giving Block and Givepact are rallying support through cryptocurrency donations to aid relief efforts.
The post Organizations Accept Crypto Donations to Help Los Angeles Wildfire Relief Efforts appeared first on Cryptonews. …
Bullish Secures BaFin Licenses, Aiming for EU Expansion Under MiCA
Bullish Group’s German subsidiary, Bullish DE Custody GmbH, has secured key licenses from BaFin for crypto asset custody and trading, enabling expansion in the EU under the new Markets in Crypto-Assets Regulation (MiCA).
The post Bullish Secures BaFin Licenses, Aiming for EU Expansion Under MiCA appeared first on Cryptonews. …
South Korean Regulators ‘Will Review’ Plan to Let Companies Buy Crypto ‘This Year’
South Korean regulators say they will “review a plan” to “gradually allow corporations” to buy, sell, and hold cryptoassets like Bitcoin (BTC).
The post South Korean Regulators ‘Will Review’ Plan to Let Companies Buy Crypto ‘This Year’ appeared first on Cryptonews. …
Sberbank Urges Moscow to Postpone Digital Ruble Launch to 2026
Sberbank wants the Russian Central Bank to push its digital ruble rollout back to 2026, with the banking giant calling for a more “realistic” CBDC launch date.
The post Sberbank Urges Moscow to Postpone Digital Ruble Launch to 2026 appeared first on Cryptonews. …
Hyperliquid Faces Backlash Over Decentralization Flaws
Hyperliquid is facing backlash due to its decentralization issues, particularly around validator participation and transparency. Despite the criticisms, Hyperliquid defends its system and announces plans to improve decentralization.
The post Hyperliquid Faces Backlash Over Decentralization Flaws appeared first on Cryptonews. …
Starknet Releases SN Stack Allowing Devs to Launch Appchains
Starknet unveils SN Stack, a versatile toolset enabling developers to create custom appchains. With Madara, Dojo, and StarkWare Sequencer, the suite combines ZK-STARK cryptography for secure and scalable blockchain solutions, addressing on-chain gaming and diverse appchain needs.
The post Starknet Releases SN Stack Allowing Devs to Launch Appchains appeared first on Cryptonews. …
Cardano Price Slumps Under $1 – Time to Buy the Dip?
The Cardano (ADA) price has slumped back below $1.0 as cryptocurrency markets take a beating amid concerns about an ominous rise in long-term US government bond yields.
The post Cardano Price Slumps Under $1 – Time to Buy the Dip? appeared first on Cryptonews. …
China to Adopt Blockchain Technology for National Data Infrastructure by 2029
China announces a national data infrastructure initiative, leveraging blockchain technology to enhance transparency and trustworthiness in data management. The plan includes 5G-A upgrades, future 6G research, and aims to attract over $54.5 billion in annual investments, reinforcing its global digital economy role.
The post China to Adopt Blockchain Technology for National Data Infrastructure by 2029 appeared first on Cryptonews. …
Movement Labs Close to Raising $100M Reaching $3B Valuation: Report
Movement Labs, a blockchain developer founded in 2022, is reportedly closing a $100M funding round led by CoinFund and Brevan Howard Digital, boosting its valuation to $3B. The funds aim to support global scaling and growth in the Asia-Pacific region.
The post Movement Labs Close to Raising $100M Reaching $3B Valuation: Report appeared first on Cryptonews. …