Kiit News of crypto
Over the past week, Bitcoin has been experiencing an intense movement as prices slid sharply from around $84,000 to around $60,000, representing one of the largest weekly declines in the present market. Currently, based on live market data, Bitcoin’s price has rebounded slightly to around $70,000, indicating some market resilience. Institutions Pull Back: Bitcoin’s Risk…
The Bitcoin price has been on one of its worst runs in recent years, falling by double digits over the past week. While the premier cryptocurrency seems to be recovering well over the past day, the single-day 14% correction — on Thursday, February 5 — is an occurrence that has instilled fear in the market,…
Tether found itself at the center of two big stories this week, one legal and one market-driven, each showing a different side of how stablecoins shape crypto activity. One story involves a law enforcement request that led to a large freeze of assets. The other shows fresh USDT supply hitting markets during a sharp Bitcoin…
In line with its bearish market structure, the Ethereum price struggled significantly in the first week of February. The cryptocurrency’s value fell by more than 30% over the week, crashing to as low as $1,850 on Friday, February 6. Amid the Ethereum market downturn, a significant development has emerged — one which could make or…
For decades, SWIFT has served as the backbone of global payments, enabling banks to message one another across borders but not to settle value in real time. As global commerce becomes faster, more digital, and more interconnected, the limitations of legacy messaging-based systems are becoming increasingly visible. This has brought renewed attention to XRP and…
Crypto expert Cypress has highlighted developments that XRP holders should be paying attention to. The expert alluded to Ripple’s roadmap for institutional DeFi on the XRP Ledger (XRPL), with the firm noting that XRP is at the core of all these plans. Developments XRP Holders Should Focus On In an X post, Cypress stated that…
Amid a significant shift toward digital assets in the United States under President Donald Trump’s pro-crypto administration, US Senator Cynthia Lummis (R-WY) has introduced the 21st Century Mortgage Act, a new piece of legislation aimed at modernizing the country’s mortgage system with crypto. This move follows the recent passage of three major crypto bills in…
The Hong Kong stablecoin regulatory regime is set to go live on August 1, but so far, the Monetary Authority has issued no licences. Hong Kong Stablecoin Licences May Arrive Early 2026 In a press release, the Hong Kong Monetary Authority (HKMA) has shared explanatory notes and guidelines related to the new stablecoin regulatory regime…
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Get Early Alpha with Our Immediate Analysis of Today’s Best Meme Coins Check out our Live Update Coverage on the Best Meme Coins for July 30, 2025! Meme coins are at the helm of the current crypto rallies, and they’re fueled by viral social media campaigns, renewed retail interest, and speculation-driven volume on top CEXs…