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Cryptocurrency News

Location American Cryptocurrency News for 8 August 2021
Fidelity Investments Engages With Regulators to Bring Crypto Assets Mainstream The president of Fidelity Digital Assets, the crypto arm of Fidelity Investments, says that crypto is “its own unique asset class.” He revealed, “We and others are very engaged with regulators … to bring this ass...
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3 reasons why Ethereum is unlikely to flip Bitcoin any time soon For years analysts have predicted that ETH's market capitalization will flip BTC's but data shows it's still nothing more than a guessing game.
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UK's Standard Chartered to Offer Crypto Brokerage Services in Ireland British bank Standard Chartered will offer cryptocurrency broker services in Ireland through its Zodia Custody subsidiary. The digital asset custodian will focus on signing up institutional investors in the Republic whic...
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Tokenized Bitcoin on Ethereum Crosses $11 Billion Notional, WBTC Commands 76% of Circulating Supply According to data on August 7, there’s 253,510 bitcoin-pegged or wrapped tokens worth more than $11 billion in value on the Ethereum blockchain. Out of the seven different bitcoin-pegged projects, the Wrapped Bitcoin p...
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Dogecoin Captures Double-Digit Gains This Week -- One Address Still Holds 28% of the DOGE Supply The notorious dogecoin has seen double-digit gains this past week as statistics show the meme-crypto asset has gained 19.66% during the last seven days. Out of the top ten digital currencies in terms of market capitaliza...
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US Senator Warns Passing Unproven Crypto Law Will Stifle Innovation and 'Make Americans Poorer' U.S. Senator Mike Lee has raised concerns that adopting the crypto tax provision in the $1.2 trillion infrastructure bill will stifle innovation and make Americans poorer. He explained that cryptocurrencies are not like ...
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SEC Chairman Says Satoshi Nakamoto's Innovation Is Real, Crypto Rules Are Clear The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says that Satoshi Nakamoto’s innovation is real. “It has been and could continue to be a catalyst for change in the fields of finance a...
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S2F Creator Plan B 'Reconfirms' His Confidence in Bitcoin Forecast -- 'This Bull Is Not Over and $64K Was Not the Top' Last month, the popular bitcoin analyst and creator of the stock-to-flow price model, Plan B, explained that he believed the “bull is not over.” On August, 6, Plan B is still showing confidence in his forecast and re...
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Unblock the Cryptocurrency World with Ivacy VPN for $0.99! The text below is an advertorial article that was not written by Cryptonews.com journalists. The world is taking a deep interest in cryptocurrencies, but several countries are taking measures to prevent individuals from ...
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Bitcoin can't be viewed as an untraceable 'crime coin' anymore Yes, some criminals use Bitcoin, but the innovation behind this technology improves the financial system.
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Debunking the 4 Big Bitcoin Myths Promoted By Central Banks in 2021 It's 2021 and central bankers still can't figure out what to make of Bitcoin (BTC). Although many of them have dismissed the asset as a highly speculative bubble in the past, the cryptocurrency keeps growing in terms of ...
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Singapore to License Digital Payment Providers, Approves Crypto Exchange The Monetary Authority of Singapore (MAS) has notified several providers of digital payment services that they will be licensed to operate in the city-state. The move, which comes after the approval of a crypto exchange ...
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Why Jack Dorsey's Square Paid USD 29B for Afterpay Jack Dorsey. Lien Duong, Senior Lecturer in School Accounting of Accounting, Economics and Finance, Curtin University, Sonny Pham, Senior Lecturer in Computer Science, Curtin University. ___ The AUD 39bn (USD 29bn) that ...
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Bitcoin hits $45K ahead of July inflation report, but one fractal hints at looming correction The flagship cryptocurrency hits its highest level in more than two months as inflation is expected to rise by another 0.5% in July.
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7 NFT Markets Saw Over $356M in Monthly Value Transferred -- Opensea, Axie Infinity Eclipse Competition The quantity of monthly USD value transferred from seven leading non-fungible token (NFT) marketplaces has reached a total of $356 million during the first week of August. Currently, the project Cryptopunks is leading th...
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The biggest challenge for crypto exchanges is global price fragmentation For decentralized markets to scale globally, the interoperability between cryptocurrency exchanges must be seamless.
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Ukrainians to Trade and Spend Cryptocurrencies Legally, Digital Ministry Says Residents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is adopted. The legislation will comprehensively regulate the crypto space, possibly lower taxes for...
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