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Cryptocurrency News

Location American Cryptocurrency News for 14 July 2021
Concern as Uniswap-backed 'DeFi Education Fund' dumps $10M worth of UNI The recently formed DeFi Education Fund has come under fire for abruptly announcing it had liquidated half of the 1 million UNI tokens donated to it through UNI governance.
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What Is This Uniswap Governance Drama About?

Crypto News - 14 Jul 2021 14:39
What Is This Uniswap Governance Drama About? The Uniswap logo. Major decentralized exchange (DEX) Uniswap (UNI) has been swept into a controversial story since yesterday, as a decentralized finance (DeFi) education-focused fund abruptly sold off half of the assets ...
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Blockchain Groups From Major Universities Are Powerful Voters in Defi Governance Protocols Data shows a number of groups from major universities are participating in decentralized finance (defi) governance. For instance, out of 15 of the largest voters in Uniswap’s last governance proposal, six of the major ...
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Bank Manager Gut Feeling Helps Her Thwart Crypto Scammers The South Korean commercial bank Nonghyup Bank (NH) has claimed that a member of its staff's quick thinking helped prevent a major instance of crypto fraud. Per the media outlet News1, the bank explained that Oh Ji-jung ...
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Bulls largely absent as Bitcoin price slips to the bottom of its range near $32K Traders appear to be sitting on their hands even as Bitcoin price drops closer to a critical support level at $32,000.
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Fed Chair says stablecoins need stricter regulation, speaks on CBDC He stated that stablecoins need stricter regulations if they are to be part of the payment universe.
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Internet Company The9 Reveals Hosting Partnership With Russian Bitcoin Miner Bitriver During the first week of April, the publicly-listed gaming and internet company The9 Limited revealed its intentions to purchase 2,000 Avalonminers from the manufacturer Canaan. On Monday, The9 announced it has signed a ...
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SEC delays decision on Wisdom Tree Bitcoin ETF

Coin Telegraph - 14 Jul 2021 23:15
SEC delays decision on Wisdom Tree Bitcoin ETF The Securities and Exchange Commission has asked for comments regarding Wisdom Tree's proposed Bitcoin ETF.
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Record low Bitcoin velocity suggests BTC may 'move to the downside' Weekly Bitcoin transactions and velocity hit record lows, leading one analyst to suggest that even with BTC stable at $33,000, further downside could ensue.
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Price analysis 7/14: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC Bitcoin and most major altcoins are bouncing off strong support levels, indicating possible accumulation by the bulls.
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Bitcoin & Inflation: Maturing Into A Real Asset

Crypto News - 14 Jul 2021 21:00
Bitcoin & Inflation: Maturing Into A Real Asset James Butterfill, Investment Strategist at major European digital asset investment firm CoinShares. ____ Producer prices, being exposed to rising commodity prices, is where inflation is beginning to rear its ugly head. A...
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Greenidge Joins Foundry USA, Deal Gives Bitcoin's Fifth-Largest Pool 800 Petahash Greenidge Generation Holdings Inc., the mining firm based in Upstate New York, has announced the company has partnered with the Digital Currency Group mining and staking subsidiary Foundry Digital LLC. Furthermore, Green...
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ECB is looking to design a digital euro more energy-efficient than Bitcoin The underlying architecture of the digital euro will be designed to have a negligible environmental footprint compared to Bitcoin and other crypto-assets.
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BlackRock CEO signals low demand for crypto from long-term investors "We see very little in terms of investor demand" for crypto, BlackRock CEO said.
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China's Anhui Province to Shut Down Crypto Farms as Grid Operator Issues Closure Notice, Reports Anhui has reportedly become China’s latest region planning to end cryptocurrency mining. The province is going to shut down all mining facilities due to power supply shortages, according to local media. Another source ...
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Bitcoin Miners Secure Nuclear Deals, ShapeShifting Airdrop + 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. _____ Mining news Oklo, a California-based company developing clean ...
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South Korean Regulator Analyzing 578 Cryptocurrencies South Korea is deliberating on four crypto-related bills for the regulation of cryptocurrencies. “We are currently doing groundwork by searching for and analyzing data on 578 coins that have various forms,” the chair...
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Meet Olympus - A Token Born From Legends and Fit for the Gods Disclaimer: The text below is a press release that was not written by Cryptonews.com. The creators of BogTools, Gabe Coin, and Bingus are back with another great BSC-based token - Olympus. What is Olympus? Olympus is a d...
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ECB Starts Digital Euro Project With Two-Year Investigation The European Central Bank (ECB) has just announced that Eurosystem has formally launched its central bank digital currency (CBDC) project to prepare "for the possible issuance of a digital euro." The Governing Council of...
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Tanzania Announces Plans to Create Blockchain Advisory Team as Country Moves to Adopt Crypto In a follow-up to Tanzanian President Samia Suluhu Hassan’s call for cryptocurrency action, a government minister has now announced plans to set up a crypto advisory team. This team, according to the Information and Co...
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Bitcoin sell-off continues as BTC nears $31K ahead of Powell's speech The latest price declines came after the U.S. inflation rose to a 30-year high in June.
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Bitcoin, Ethereum and Altcoins Consolidate Losses

Crypto News - 14 Jul 2021 14:18
Bitcoin, Ethereum and Altcoins Consolidate Losses Bitcoin price extended its decline below the USD 32,000 support zone. BTC tested USD 31,500 before recovering higher. It is currently (12:11 UTC) consolidating above USD 32,000, but it might face hurdles near USD 33,000 ...
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