Crypto News

A crypto market sell-off extended into its second week as bitcoin (BTC) prices stooped to nearly $80,000 late Sunday, triggering a fresh decline in major tokens and altcoins.Dogecoin (DOGE) and Cardano’s ADA led losses with a nearly 10% slump over the past 24 hours, data shows, with XRP falling more than 7%. BNB Chain’s BNB, ether (ETH) and tron's TRX) fell 5%, while BTC lost 4%.This has sent the well-followed crypto fear and green index to a multi-year low reading of 17 — which indicates ‘extreme fear’ — in its lowest level since mid-2023.The index measures investor emotions and ranges from 0 (lowest sentiment) to 100 (highest sentiment), helping identify whether investors are too scared (potential buying opportunity) or too...

Ethereum is a decentralized blockchain platform that enables programmable contracts, the creation of digital currencies, and applications, reshaping industries from finance to art through innovation and automation. Understanding Ethereum’s Foundation Ethereum, proposed in 2013 by programmer Vitalik Buterin and launched in 2015, builds on Satoshi Nakamoto’s blockchain technology but expands its capabilities beyond peer-to-peer payments.Source link

Spanish financial giant Banco Bilbao Vizcaya Argentaria (BBVA) has gotten approval from the country's financial regulator to offer bitcoin (BTC) and ether (ETH) trading to its clients, according to a Reuters report. The approval come as the Markets in Crypto-Assets (MiCA) regulation takes full effect across the European Union. This approval for BBVA marks the conclusion of a multi-year process for the Spanish lender to allow for its clients to get exposure to digital assets.In 2020, CoinDesk reported that BBVA planned to dip its toes in the sector, pending regulatory approval because MiCA wasn't yet in place. BBVA initially planned to launch its crypto services from Switzerland rather than Spain or other EU countries because Switzerland already had a clear...

The Center for Political Accountability is sounding the alarm on the secretive and unaccountable political contributions made by cryptocurrency firms, particularly Coinbase and Ripple Labs. Legal and Financial Risks The Center for Political Accountability (CPA) has stated that the “opaque and unaccountable political contributions” by crypto firms erode investor confidence and public trust in theSource link

The removed part would have let Utah’s treasurer invest state funds in digital assets, possibly creating a state-run Bitcoin reserve.Source link