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Cryptocurrency News

Location American Cryptocurrency News for 7 November 2021
Digital Euro Should Be Attractive But Not 'Too Successful,' ECB's Panetta Says The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and private money, according to Fabio Panetta, a high-ran...
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Bitcoin soft fork days away as Taproot upgrade closes in The Taproot upgrade was set for deployment after achieving a 90% consensus among the Bitcoin miners (mining nodes).
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Bank of America Executive Sees Crypto as Asset Class: 'I Don't View It as Competition at All' Bank of America’s chief operating officer does not see cryptocurrency as competition. Instead, he views it as an asset class, noting that “people like it for all sorts of different reasons.” Bank of America’s COO...
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Onecoin's $18.2M London Penthouse: Trial in Germany Reveals 'Cryptoqueen' Ruja Ignatova's Lavish Lifestyle The Onecoin Ponzi scheme is still making headlines as reports from a trial in Germany revealed the missing ‘Cryptoqueen,’ Ruja Ignatova, purchased a London penthouse worth $18.2 million with proceeds from the Onecoin...
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Top 5 cryptocurrencies to watch this week: BTC, DOT, LUNA, AVAX, EGLD Even as Bitcoin consolidates, DOT, LUNA, AVAX and EGLD may continue their upward journey.
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While the Value Locked in Defi Soars, Dozens of Dapps Leverage Cross-Chain Support Decentralized finance (defi) protocols continue to shine as the total value locked in defi is over $260 billion. While Ethereum started the defi trend and holds the lion’s share of TVL in defi, a great number of decent...
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Meme tokens and dogcoins flood the market as price wars heat up Memecoins and dog-themed tokens are gaining more popularity and traction as the long-term upside seems very limited amid the flooded market.
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Jack in the Box Sues Crypto Exchange FTX for 'Brazenly and Illegally' Copying Mascot Restaurant chain Jack in the Box has sued cryptocurrency exchange FTX alleging that the crypto company “brazenly and illegally copied or derived its ‘Moon Man’ mascot” from its own mascot. The lawsuit details tha...
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Bitcoin hodler Elon Musk should sell $23B of Tesla stock, Twitter survey concludes With just hours to go, the results of a survey Musk says he will "abide by" demand that he sell 10% of his TSLA holdings.
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Congress Passes $1.2 Trillion Infrastructure Bill -- Crypto Advocates Criticize Amended Broker Definition, Tax Code 6050I Congress has passed the Biden administration’s bill aimed at improving infrastructure, fighting climate change, and bolstering social services. The $1.2 trillion infrastructure bill, which also expands the definition o...
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Solana surpasses Cardano, Tether to become fourth-biggest crypto worth $76 billion SOL price reached another record high on Nov. 7, bringing its YTD gains up by roughly 17,500%.
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China's Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In ad...
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The Ethereum Premine Debate On Fairness, Regulation, and Centralization You may not be aware of this, but back in July 2014, Ethereum (ETH) had a premine in which around ETH 60m (worth around USD 272bn now) tokens were sold for a total of USD 18.3m, while 12m was kept aside for early contrib...
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Decentralized Indexing Provider Aleph.im Launches Serum Markets Analytics Crypto proponents and market observers can now gain insight into Solana’s and Serum’s liquidity infrastructure ecosystem via the analytics and decentralized indexing provider Aleph.im. The cross-blockchain computing ...
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Brazilian federal deputy proposes crypto payment option for workers Goulart's proposal seeks a new law that allows all Brazilian workers to have an option to request employers for remuneration in cryptocurrencies.
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