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Cryptocurrency News

Location American Cryptocurrency News for 8 May 2021

Ethereum Classic Rose 220% This Week, but Why?

Bitcoin.com - 8 May 2021 14:30
Ethereum Classic Rose 220% This Week, but Why? Ethereum Classic, a seemingly forgotten cryptocurrency, reached the attention of many this week when its price skyrocketed out of the blue, but there might be some reasons behind it. Also, Bitcoin Cash and other Bitcoin-...
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Real Estate Listings Accepting BTC Touch Record Highs, 14.3 Homes per 100,000 Accept Crypto Bitcoin and the crypto economy have been making their way into the world of real estate these days. A recently published report shows that Realtor.com data indicates that people selling property for crypto assets have ri...
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Crypto Payment Firm Simplex Acquired by Publicly-Listed Canadian Firm Nuvei for $250 Million The publicly-listed Canadian firm Nuvei Corporation announced the acquisition of the cryptocurrency company SimplexCC Ltd in an all-cash deal for $250 million. The deal is pending regulatory approval and Nuvei expects Si...
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Iran Warns Crypto Investors Amid Ban on Bitcoin Mined Outside Its Borders The Central Bank of Iran has issued a warning against unrestrained crypto trading and reminded investors that only cryptocurrencies minted by licensed miners in the Islamic Republic can be used under limited circumstance...
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SplytCore Listing on AscendEX

Bitcoin.com - 8 May 2021 23:00
SplytCore Listing on AscendEX PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the SplytCore Token (SHOPX) under the pair USDT/SHOPX...
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GBTC discount presents a unique challenge for Grayscale and investors The Grayscale Bitcoin Trust continues to trade at a discount compared to BTC, a situation that presents a unique challenge to Grayscale and investors.
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Asian Auction House Phillips Will Accept Crypto at Auction for a Physical Piece of Banksy Art The well-known Phillips Auction House has announced the company plans to accept cryptocurrency for the first time in a physical art auction set for June 7-8. Phillips will be auctioning a world-famous piece of artwork ca...
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Dogecoin Market Cap Nears $100B, Critics Blast 'Joke Coin,' Community Abuzz With Rumors of DOGE Whales The infamous meme-based cryptocurrency dogecoin is on the move again just before the upcoming Saturday Night Live episode featuring Elon Musk. While dogecoin is up 81% today a lot of cryptocurrency veterans have been war...
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VORTECS Report: NewsQuakes boost DOGE hype, while TEL score rings a bell for traders As the world waits for Elon Musk's Saturday Night Live appearance -- and a possible nod to crypto's best friend -- an exchange listing proves that real news can also propel DOGE to new heights.
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New SEC Chairman Unveils Policies for Cryptocurrencies, Calls Bitcoin 'Scarce Store of Value' The new chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has shared his view on how the SEC plans to regulate cryptocurrencies, particularly bitcoin. He calls bitcoin “a digital, scarce stor...
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US Authorities Seek Court Order to Shut Down Crypto Trading Platform Allegedly Duping Thousands of Investors New York Attorney General Letitia James is seeking a court order to immediately shut down the operations of cryptocurrency exchange Coinseed. The attorney general previously filed a lawsuit against the crypto exchange bu...
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As Bitcoin's payment options grow, BTC true future role up for debate Declaring BTC a store of value -- e.g., gold 2.0 -- but not a medium of exchange, defies logic. It must first have a use case.
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What are the chances BTC is actually overtaken by another crypto? Will innovative advances in competing altcoins' blockchains be enough to overtake Bitcoin's success?
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Wealth Manager Vaneck Files Application for an Ethereum ETF, Aims for Cboe BZX Listing Public documents show the wealth manager Vaneck has applied for an ethereum based exchange-traded fund (ETF). Vaneck Digital Assets’ Form S-1 filing with the Securities and Exchange Commission (SEC) was filed on May 7,...
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Dogecoin Needs 3 Conditions Fulfilled to Move Beyond USD 1 The rallying dogecoin (DOGE) could grow to be a "true" payment token, and to be widely accepted by retailers - but for its price to grow, three relevant conditions need to be met, according to El Lee, the Co-Founder and ...
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Surpassing, Outperforming, Flipping and 20 Crypto Jokes After DOGE led April, we entered the month of May, and ethereum took over, surpassing the USD 3K level for the first time ever - making Vitalik a very rich boy. But DOGE wasn't far behind, flipping BTC and ETH on google ...
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South Korean Police Officers Banned From Buying Cryptocurrency A recent ban imposed by the South Korean National Police Agency will bar particular officers from purchasing additional cryptocurrencies. The announcement coincides with a report revealing a heightened domestic availabil...
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Alt season rush: Ethereum and DeFi get in shape for another hot summer Alt season is here? ETH, DOGE and other altcoins rally to new highs as DeFi and Ethereum's London hard fork promise further growth.
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Binance Reaches Twitter Trending Topic Status in Venezuela Binance, one of the largest cryptocurrency exchanges worldwide, has reached a trending topic status in the Twitter social network sphere in Venezuela. The trend before the weekend, shows just how important cryptocurrency...
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Kazakhstan Is Preparing the Launch of a CBDC Pilot With Private Financial Companies Central bank digital currencies (CBDCs) are steadily becoming a serious discussion among governments globally, with Kazakhstan as the latest country unveiling its plans. The National Bank of Kazakhstan is making preparat...
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South Korea to Impose a 20% Tax on Crypto Mining Activities The cryptocurrency industry in South Korea keeps facing regulatory challenges, and it seems that dust is far from settling. Now, crypto miners will be required to pay taxes, following the same path as digital assets trad...
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NFT Weekly Roundup: Earning Through NFTs, Legendary Muhammad Ali Collectibles, NFT Display in Times Square, and More The NFT ecosystem is in full bloom, with several renowned names entering the playing field. As more and more artists and creators join the cash-strapped world of NFTs, we’ve got you covered with the latest announcement...
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