TheNewsCrypto

TheNewsCrypto, established in 2019 and based in Dubai, serves as a valuable resource for investors, casual readers, and finance fans worldwide. It provides up-to-date information on cryptocurrency news, exchange updates, market trends, and forecasts in the blockchain sector. The platform is dedicated to delivering current insights into the crypto market from an impartial perspective. Notably, TheNewsCrypto has earned approval from Google News as a credible source for crypto and blockchain information. The site attracts over 500,000 visitors monthly from more than 150 countries, with significant readership in the United States, Russia, Bulgaria, India, and the United Kingdom, catering to a diverse audience across all age groups and backgrounds.

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Why the Financial Giant is Re-Entering

3 days ago | thenewscrypto.com | Sneha Murali

SoFi crypto returns with Bitcoin and Ethereum trading after a 2023 pause. The SoFi crypto comeback signals growing institutional confidence in digital assets. SoFi crypto plans to expand beyond trading with lending and stablecoin services. SoFi, the financial services firm based in San Francisco, is formally back in the crypto space. At the beginning with the reinstatement of Bitcoin and Ethereum trading on its platform.
Gemini Files Confidentially for IPO as Crypto Market Matures

3 weeks ago | thenewscrypto.com | Harshini Chakka

Gemini files confidential S-1 for IPO amid institutional crypto interest. SEC review and market conditions will determine IPO timeline. Follows Circle’s successful IPO, signaling momentum for crypto firms. Cryptocurrency exchange Gemini has announced its intent to go public, submitting a confidential draft registration with the U.S. Securities and Exchange Commission (SEC) to begin the process for an initial public offering (IPO).
Citadel to Boost Crypto Trading Under Anticipated SEC Rulebook

3 weeks ago | thenewscrypto.com | Harshini Chakka

Citadel is poised to expand crypto trading once the SEC issues new rules. Esposito affirms institutional embrace of crypto has “passed the point of no return.”Firm warns of U.S. debt risks even as it targets global crypto growth. Citadel Securities, the Nasdaq-listed market-maker, is preparing to double down on cryptocurrency trading in 2025, driven by new regulatory clarity from the U.S. Securities and Exchange Commission (SEC).
XRP Falls 18% Following Ripple-SEC Settlement Motion Rejection

3 weeks ago | thenewscrypto.com | Harshini Chakka

XRP fell 18% following the Ripple-SEC joint motion rejection. SEC must submit a settlement update by June 16. Trump–Musk feud and ETF outflows weigh on market mood. The legal war of Ripple Labs and the SEC of the United States reached another precarious stage on June 5, as a court deadline stared down investors.
1 Billion Liquidated as Elon Musk and Donald

3 weeks ago | thenewscrypto.com | Sneha Murali

The crypto market crash got worse after Elon Musk and Donald Trump publicly disagreed. More than $1 billion in long positions were lost as the market became very volatile. Confusion about the new government spending bill made the crypto market crash worse. Two men who once shared a similar thoughts of innovation, disruption, and anti-establishment politics now find themselves at odds, and their rift is rocking the very foundations of the crypto space.
JPMorgan to Accept Bitcoin ETFs as Loan Collateral Globally

3 weeks ago | thenewscrypto.com | Harshini Chakka

JPMorgan now accepts spot Bitcoin ETFs as collateral for global clients. ETF holdings count toward net worth and liquidity calculations. Reflects growing crypto integration in mainstream banking. In a major milestone for institutional crypto adoption, JPMorgan Chase is now offering financing to clients using spot Bitcoin exchange-traded funds (ETFs) such as BlackRock’s iShares Bitcoin Trust (IBIT) as collateral.
Ukraine Arrests Hacker Over Hosting Breaches and Illegal Crypto Mining

3 weeks ago | thenewscrypto.com | Harshini Chakka

The hacker used over 5,000 hosting accounts to mine cryptocurrency illegally. Damage to the hosting firm was estimated at over $4.4 million. Faces up to 15 years in prison if convicted. Ukrainian authorities have arrested a 35-year-old man from the Poltava region for allegedly hacking into thousands of hosting accounts and using the stolen access to mine cryptocurrency, resulting in more than $4.4 million in damages.
Spanish Coffee Chain Vanadi to Invest $1.1B in Bitcoin After 2024 Losses

3 weeks ago | thenewscrypto.com | Harshini Chakka

Vanadi Coffee plans to invest $1.1 billion in Bitcoin after incurring losses in 2024. Chairman Martí seeks board approval for major BTC accumulation. Strategy mirrors MicroStrategy’s successful Bitcoin-first model. Vanadi Coffee, a well-known Spanish café chain, is making headlines with its bold decision to invest over $1.1 billion in Bitcoin. Following the footsteps of MicroStrategy, Vanadi is planning a complete transformation into a Bitcoin-first company, as confirmed by Chairman Salvador Martí.
Coinbase Pushes Back Against Oregon Lawsuit, Seeks Federal Court Intervention

3 weeks ago | thenewscrypto.com | Harshini Chakka

Coinbase seeks federal court jurisdiction to block Oregon’s lawsuit. The company accuses the Oregon AG of political grandstanding. Coinbase affirms its commitment to defend its presence in Oregon. Coinbase is challenging a lawsuit filed by Oregon’s Attorney General, arguing that the state is overstepping its authority by attempting to regulate digital assets territory the company believes should be governed by federal agencies.
Australia Caps Crypto ATM Transactions Amid Scam Surge

3 weeks ago | thenewscrypto.com | Harshini Chakka

A new $5,000 AUD cash limit has been introduced on crypto ATM transactions. Seniors (50+) are the primary scam victims, making up most ATM activity. Australia now has the 3rd most crypto ATMs globally, after the US and Canada. Australia is tightening control over crypto ATMs following a sharp rise in scam-related fraud, primarily targeting older citizens. The Australian Transaction Reports and Analysis Centre (AUSTRAC) announced a $5,000 AUD (approx.