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Cryptocurrency News

Location American Cryptocurrency News for 23 February 2021
Binance Suspends Ethereum and ERC-20 Token Withdrawals Before Quickly Reversing Course The rollercoaster-ride in cryptocurrency prices on Monday was accompanied by Binance’s fresh restrictions for ethereum and ERC-20 tokens. Ethereum Network Congestion Fingered as the Culprit for the Temporary Halt Throu...
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Altcoins and DeFi sell-off after Bitcoin's 17.6% correction below $50K DeFi tokens and altcoins bore the brunt of today's carnage as Bitcoin price dipped below $48,000.
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Layer-2 race heats up as Loopring (LRC) price gains 430% in 2021 Loopring's increasing DEX volume and token price show the project is emerging as one of the leading layer-two solutions working to address the high gas fees on the Ethereum network.
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North America's first Bitcoin ETF sees explosive debut with $564M in assets The Purpose Bitcoin exchange-traded fund has been a roaring success since its debut last week.
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Ethereum Miners Are Likely to Accept EIP-1559 Activation - Analysts The vast majority of Ethereum miners are unlikely to protest EIP-1559, a proposed change to Ethereum's 'crazy high' fee market that would potentially cut a fair share of miners' revenue, according to popular crypto analy...
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Pro traders went long as Bitcoin fell to $45K, liquidating $5.9B in futures Data shows pro traders opened new leveraged long positions even as Bitcoin price dropped to $45,000 and $5.9 billion in futures contracts were liquidated.
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Twitter CEO donates 1 BTC to Bitcoin core development nonprofit Brink, a fledgling Bitcoin nonprofit outfit, got the nod from Jack Dorsey via a BTC donation.
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Japanese Authorities Say the Majority of People Involved in Coincheck's 2018 Hack Are Individuals With 'High Social Status' More details keep appearing from the police investigation into the 2018 Coincheck hack that stole $530 million from the crypto exchange. Japanese authorities revealed that most of the individuals involved have a “high ...
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India's Warren Buffett Is Against Bitcoin Too, ECB Aims At Diem + More News Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. Regulation news Indian billionaire investor Rakesh Jhunjhunwala, som...
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1 billion people will store life savings on their phone in Bitcoin by 2026 -- MicroStrategy CEO The next five years will see the first billion people opting to store their wealth using Bitcoin simply using mobile devices, says the MicroStrategy CEO.
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'Extreme Selling' Caused Kraken Ethereum Flash Crash - CEO Jesse Powell, CEO of Kraken. Source: a screenshot, Instagram/krakenfx "Extreme" ethereum (ETH) selling caused yesterday's flash crash to USD 700 on Kraken, according to Jesse Powell, CEO and Co-founder of the crypto exch...
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Moneygram Halts Using Ripple Due to SEC Lawsuit Over XRP Cryptocurrency Moneygram has announced that it has suspended using Ripple’s platform due to the lawsuit against Ripple Labs and its executives by the U.S. Securities and Exchange Commission (SEC). Last year, the company earned $50.2 ...
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The United Arab Emirates chase crypto and blockchain adoption UAE regulators are looking to develop a comprehensive crypto governance framework as part of its 2021 business agenda.
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Cointelegraph Consulting: Research outlines how DeFi can merge with traditional finance New research finds that regulated financial institutions can interface with decentralized finance via digital asset marketplaces.
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Tether & Bitfinex Settle NY AG's Probe, Expect More Transparency Source: iStock/standret, Cryptonews.com Major crypto exchange Bitfinex and Tether, the issuer of the most popular stablecoin, tether (USDT), said they have reached a settlement of legal proceedings with the New York Atto...
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India's Warren Buffet says Bitcoin hangover will be worse than the party The man known as India's Warren Buffet is eager for a blanket ban on all cryptocurrencies and believes the Bitcoin "party" will result in a terrible hangover for investors.
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Peak 2021 Is Already Here as Schiff and Musk Go into Eggplant Twitter Meltdown Peter Schiff. Source: a video screenshot, Youtube, Peter Schiff The bitcoin (BTC) arch-skeptic Peter Schiff and crypto man-of-the-moment Elon Musk have come to virtual blows on (you guessed it) Twitter in a war-of-words ...
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Bitcoin Rebounds From USD 45K, Ethereum and Altcoins Pair Losses Bitcoin price extended its decline below the USD 50,000 support level. BTC even declined below the USD 47,500 support level and tested USD 45,000. However, the price rebounded sharply, jumping to almost USD 49,000 (12:58...
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Swedish regulators warn consumers against crypto as markets tumble Sweden's financial regulator thinks retail investors should stay away from financial products that have volatile cryptocurrencies as their underlying asset.
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This Is Why Old Models Don't Work With Bitcoin According to Raoul Pal Raoul Pal. Source: a video screenshot, Youtube/Real Vision Finance The old economic models used to grasp various asset price bubbles from the past are distorting our view of bitcoin (BTC)'s recent price spike, as cryptoc...
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Bitcoin mining operator Northern Data reportedly considering $500M IPO Swiss investment bank Credit Suisse is reportedly backing German Bitcoin mining operator Northern Data in its $500 million IPO.
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Janet Yellen Warns Bitcoin Is 'Extremely Inefficient' and 'Highly Speculative' as BTC Price Plunges U.S. Treasury Secretary Janet Yellen has warned about the dangers of bitcoin as the price of the cryptocurrency took a nosedive. She sees bitcoin as a highly speculative asset and is worried about potential losses invest...
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