For the average millennial or at least anyone that pays attention to the business world, the term “cryptocurrency” would not seem like such a strange word. If that is, then the terms Bitcoin, Ethereum or at least Blockchain should ring a bell. One might wonder, why are these terms suddenly so prevalent, especially cryptocurrency news? Computing is getting rather pervasive and the society is leaning towards digital services. The finance world too isn’t spared as the disruption of technology into this sector has fostered the birth and development of Fintech organizations.
These Fintech organizations look to digitize payments and transactions, offering the same services that are currently in existence but in a better, efficient and more effective way.
Blockchain is the network upon which most of these cryptocurrencies operate on. The history of blockchain and bitcoin, in particular, does not have a definite story. In 2009, an individual or group of individuals known to be “Satoshi Nakomoto” developed and published the technology to allow people make digital payments between themselves anonymously without having an external party to verify or authorize the transfer of the currency being exchanged.
Although technologies like this might seem rather complex, understanding how Blockchain works is quite easy, given that one has a basic idea of how networks work. Blockchain is simply a database shared between several users, containing confirmed and secured entries. It is a network, where each entry has a connection to its previous entry.
This technology affords a very secure model whereby every record in the database cannot be tampered with. Apart from the stellar security that this network offers, the transparency and speed at which the network operates give it an edge over the conventional way of conducting transactions.
In simple terms, cryptocurrencies are just monies in digital form, transacted via digital means and over a digital network. The transfer of these currencies is utilized with cryptography and the aforementioned blockchain network. Up until the 2010s, cryptocurrencies were not really known until Bitcoin made its breakout and this gave rise to the birth of new cryptocurrencies.
Cryptocurrencies have had their fair share of bullish and bearish trends, going to show how unstable they can be. The latest cryptocurrency news reports lots of people predicting prices for various cryptocurrencies in the years to come but no-one can say for sure.
Blockchain, on the other hand, is making its way into pervasive computing, especially IoT, giving way for the development of new solutions that embrace data security and transparency.
Bitcoin price has seen a significant pivot from its historic 4-year cycle that is supported by halving events.
Former Binance CEO Changpeng Zhao has made a soft jab at gold advocate Peter Schiff about the verifiability of the asset.
Dogecoin rallied 6.5% following Tesla shareholders’ approval of Elon Musk’s record $1 trillion compensation package, with DOGE derivatives trading spiking 41%.
JPMorgan Chase disclosed a 64% surge in its BlackRock Bitcoin ETF holdings to 5.28 million shares worth $343 million, marking a dramatic reversal from CEO Jamie Dimon’s previous anti-crypto stance.
Strategy Inc completed a €620 million preferred stock offering, upsizing 121% from initial proposal. Proceeds target Bitcoin acquisition and operations with settlement Nov. 13.
NEAR Protocol climbs to 32nd largest cryptocurrency by market cap, overtaking Trump-backed tokens and AAVE with a 24.33% price surge and 232% volume increase driven by NEAR Intents protocol growth.
Arkham ranked the U.S. Government eighth among the world’s largest crypto holders on Nov. 6, crediting recent asset seizures.
Both Bitcoin, XRP, and altcoin treasury firms, including Evernorth, are recording massive figures in unrealized losses.
The crypto market has suffered its first red October since 2018, wiping out nearly all of 2025’s gains after a $19 billion liquidation crash.
Japan’s FSA is mulling the idea of tightening rules surrounding crypto lending, a move designed to protect investors in the region.
On-chain analysis confirms that Paradigm is the largest holder of HYPE, controlling over 19 million tokens worth $763 million.
ZKsync (ZK) has become the top-performing crypto token in the past week, currently sitting around $0.07.
The Internet Computer (ICP) has overtaken Bittensor (TAO) to become the world’s top-ranked AI blockchain, currently trading at $8.56.
Bitcoin clings to the $100K level after six days of ETF outflows end with $240 million in net inflows.
Let’s explore the latest crypto market updates today, on Nov. 7.