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Cryptocurrency News

Location American Cryptocurrency News for 19 August 2021
Institutional Players May Dominate Bitcoin Trading Within 3 Years - Report Institutional players could dominate bitcoin (BTC) trading in the near future, as surveyed institutions expect asset managers, funds, and banks to be the most significant contributors to trading volume in the next three ...
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Fireblocks Onboards Former SEC Chairman Jay Clayton as Advisor Source: Screenshot, Jay Clayton, CNBC Television / YouTube Digital asset security and asset transfer platform Fireblocks has announced that Jay Clayton, Former Chair of the US Securities and Exchange Commission (SEC), ha...
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Bitcoin slides with S&P 500 as Fed signals tapering $120B monthly bond purchases The benchmark cryptocurrency retreated alongside risk-on markets as investors shifted their exposure to the U.S. dollar.
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Federal Reserve Bank President: Bitcoin Has No Legit Use Case -- Crypto Is 95% Fraud, Hype, Noise, Confusion Minneapolis Federal Reserve President Neel Kashkari says crypto is “95% fraud, hype, noise, and confusion.” He added, “I’ve not seen any use case other than funding illicit activities like drugs and prostitution....
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Altcoins soar after Bitcoin price bounces off a key moving average Bitcoin price reliably bounced off the 20-day moving average, which catalyzed an explosive rally from VGX, CHSB and EWT.
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Bitcoin gains strength as Friday's $600M BTC options expiry approaches The Fed's plan to taper a massive monthly economic stimulus pulled stocks down, but BTC ignored critical comments and looks strong heading into Friday's options expiry.
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US May Regulate DeFi, El Salvador's Bitcoin Draft Regulations + 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 Decentralized finance (DeFi) projects may still fall...
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Avalanche (AVAX) in 'overbought' zone after 100% gains in a week -- Correction ahead? The AVAX/USD exchange rate slips more than 16% after testing its May 2021 resistance level.
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BTC price holds $44K support in 'great sign' for Bitcoin bulls Bitcoin refuses to dip to even its $42,000 February all-time highs, but familiar resistance higher up looms large.
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Putin Tells Russian Gov't to Create a Crypto Holdings Reporting System Vladimir Putin. Source: a video screenshot, Youtube, TASS The Russian President Vladimir Putin has ordered his government and the Central Bank to prepare a system that will force individuals to declare their crypto holdi...
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Global Cryptocurrency Adoption Jumps 881% Led by Asian Countries, Index Shows Blockchain data platform Chainalysis has published its 2021 Cryptocurrency Adoption Index, which ranks 154 countries by crypto adoption. According to the firm, global crypto adoption has grown by over 2,300% since Q3 201...
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Molecule Partner With VitaDAO to Create Biopharma IP-to-NFT Transfer Using Nevermined Solution PRESS RELEASE. Molecule, a decentralised biopharma marketplace, has developed a novel IP-to-NFT framework with Web3 technology innovator Nevermined. In a historic transaction, the first biopharma IPNFT was successfully t...
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Bitcoin and Ethereum Consolidate, AVAX and LUNA Shine Bitcoin price settled below the USD 45,000 support zone. BTC traded below USD 44,500 and it even spiked below USD 44,000. It is currently (11:45 UTC) consolidating losses and is facing resistance near USD 45,500. Similar...
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'Nerve-wracking' Wait for S Korean Crypto Investors, 70% of Crypto Firms' Sites Down Fear appears to be taking hold of crypto investors in South Korea, with just over a month before key regulations come into force, exchanges seemingly woefully underprepared for a raft of new policing measures - and the m...
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Crypto Exchange Liquid Hacked, Loses Millions in Various Currencies Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hack...
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Sub-zero interest? GBTC hits biggest discount since May Bitcoin price crash GBTC will "take time" to restore its balance thanks to changing market forces, analyst Willy Woo says.
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Cardano Fuelled Again by Stablecoin and Smart Contract Progress Cardano's native token ADA today resumed its price rally as work continues on the smart contract-enabling "Alonzo" upgrade, and a new paper is published that details the technical underpinnings of a Cardano-powered stabl...
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Nigerian Central Bank Freezes Bank Accounts of Fintech Firms, Accuses Them of Violating Forex Regulations The Central Bank of Nigeria (CBN) reportedly frozen bank accounts belonging to four fintech firms for up to 180 days after a Federal High Court in Abuja acceded to an “ex parte motion.” The ex parte motion, which is ...
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Liquid Exchange Hacked, Working With Other Exchanges on Recovering Funds Japanese crypto exchange Liquid has suffered an attack this morning, with the thief taking off with a still unconfirmed amount of bitcoin (BTC) and ethereum (ETH), among other coins. The exchange has started working with...
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New data suggests Bitcoin could see BTC price 'double bubble' top in 2021 The "Bitcoin Bubble Index" is heavily hinting that another BTC price local peak will come this year.
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Survey Shows 3 in 4 Crypto Investors Turned a Profit Investing, Crypto Represents 12% of Millennial Portfolios Digital currencies have seen significant gains in 2021 jumping 154% in value since January 1. On August 18, Cryptovantage published a study that shows 3 in 4 crypto investors said they had made money on their crypto hold...
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Darknet crypto mixer operator pleads guilty to laundering $300M in BTC The operator of the darknet-based Bitcoin mixing service Helix has pleaded guilty to laundering more than $300,000 million worth of BTC from 2014 to 2017.
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