Crypto news now

Here are the latest crypto news updates:

Top Stories

  1. Bitcoin (BTC) Price Surges Above $12,000: The price of Bitcoin has broken above the $12,000 mark for the first time since June, driven by increased institutional investment and growing adoption.
  2. Ethereum (ETH) Hard Fork Scheduled for August: The Ethereum community has announced a hard fork scheduled for August 4, aimed at improving the network's scalability and security.
  3. Binance Launches Fiat-to-Crypto Exchange: Binance has launched a fiat-to-crypto exchange, allowing users to buy cryptocurrencies with fiat currencies such as USD, EUR, and JPY.
  4. SEC Approves First Bitcoin ETF: The US Securities and Exchange Commission (SEC) has approved the first Bitcoin ETF, allowing investors to buy and sell shares of a Bitcoin-backed fund.
  5. Ripple (XRP) Partners with SBI Holdings: Ripple has partnered with SBI Holdings, a Japanese financial services company, to develop a new blockchain-based payment system.

Market Updates

  1. Crypto Market Cap Reaches $350 Billion: The total market capitalization of cryptocurrencies has reached $350 billion, driven by the surge in Bitcoin and other major cryptocurrencies.
  2. Bitcoin Dominance Reaches 70%: Bitcoin's market dominance has reached 70%, with the cryptocurrency accounting for the majority of the total market capitalization.
  3. Ethereum (ETH) Price Surges 15%: The price of Ethereum has surged 15% in the past 24 hours, driven by the upcoming hard fork and growing adoption of decentralized applications.

Regulatory Updates

  1. US Treasury Department Issues Crypto Guidance: The US Treasury Department has issued guidance on the use of cryptocurrencies, emphasizing the need for transparency and compliance with anti-money laundering regulations.
  2. Japan Regulator Approves Crypto Exchange: Japan's Financial Services Agency (FSA) has approved a new cryptocurrency exchange, allowing it to operate in the country.
  3. South Korea Regulator Cracks Down on Crypto Trading: South Korea's Financial Services Commission (FSC) has cracked down on cryptocurrency trading, imposing stricter regulations on exchanges and traders.

Other News

  1. Facebook's Libra Cryptocurrency Delayed: Facebook's Libra cryptocurrency has been delayed, with the company pushing back its launch date to 2021.
  2. Google Bans Crypto-Related Ads: Google has banned cryptocurrency-related ads, citing concerns over the potential for fraud and scams.
  3. Crypto Gaming Platform Raises $10 Million: A new crypto gaming platform has raised $10 million in funding, aiming to create a decentralized gaming ecosystem.

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