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Cryptocurrency News

Location American Cryptocurrency News for 13 November 2021
Moonshot to $90K -- After Bitcoin Upgrade Taproot Activates, Crypto Advocates Expect the Price to Rally In mid-June, the ‘Speedy Trial’ lock-in period for the Bitcoin network upgrade Taproot locked in at block height 687,285 and was mined by the bitcoin mining pool Slushpool. Taproot is expected to activate on the netw...
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Finiko Fugitives Suspected of Moving 750 BTC From Crypto Pyramid's Wallet A large amount of cryptocurrency has reportedly been withdrawn from a wallet previously controlled by the Finiko Ponzi scheme in Russia. The wallet’s unknown operators have transferred coins worth $48 million this mont...
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Report: Traditional Banks in Africa Hold Trust Advantage Over Fintechs A recent report by CR2 on Africa’s fintech transformation suggests traditional financial institutions can still be a part of the fintech financial revolution if they leverage one of their most significant assets: clien...
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3 out of 4 of the Top Smart Contract Tokens Outpaced Ethereum's 12 Month Gains While the price of bitcoin has been volatile during the last seven days, a number of smart contract platforms have been performing far better this week. Statistics indicate that the total value locked (TVL) in decentrali...
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Crypto trading face-off: Shiba Inu (78 million percent in a year) vs Koinos (535% in a month) Crypto investors pick coins for many reasons. How does investing in a low market cap and real tech stack up against a massive community and questionable use-cases?
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US President Biden Nears Decision to Choose Fed Chair -- Reports Indicate Toss-up Between Powell and Brainard Following the passing of the Biden administration’s infrastructure bill, the U.S. president appears to be nearing his decision on whether or not he will reappoint Jerome Powell, the current Federal Reserve Board chairp...
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US 'Kidnapped' Russian Crypto Businessman Denis Dubnikov, Lawyer Says U.S. law enforcement agents have “kidnapped” crypto entrepreneur Denis Dubnikov in Mexico, before transferring him to the Netherlands where he was arrested, his lawyer told Russian media. Dubnikov is suspected of mon...
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Bitcoin Taproot upgrade improves the network as BTC price impact may be limited This upgrade focuses on the expansion of the Bitcoin network's smart contract capabilities and improves privacy on the network.
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Alchemy Pay's Unique Crypto-Fiat Payment Solution Disrupts the Industry On November 6, 2021, Alchemy Pay’s Chief of Staff, Karmen Tang, delivered her keynote address at the Epicenter Crypto Conference in Lisbon. Tang took the audience through a brief history of Alchemy Pay and the broad ec...
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Russian Nationalists Prepare Bill to Regulate Cryptocurrency Mining Lawmakers from the Liberal Democratic Party of Russia are gearing up to introduce a draft law designed to regulate crypto mining. The nationalists say the legislation will benefit both Russian citizens and the state, as ...
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Hong Kong Company Onedegree to Offer Insurance for Cryptocurrencies Onedegree, a virtual insurer based in Hong Kong, will provide insurance services for digital assets as part of a partnership with a local cryptocurrency exchange. By working together, the two firms hope to alleviate conc...
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The Growing Defi Market on Bitcoin: What's Yielding Already? The burgeoning decentralized finance (DeFi) market is evolving beyond Ethereum (ETH) and onto other chains. What may be surprising to hear for some: Bitcoin (BTC) is one of them.
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Terra to Burn $4.5 Billion Worth of LUNA From Community Pool Terra, an algorithmic stablecoin project, will burn $4.5 billion worth of terra (LUNA), its native token, from its community pool. The decision was taken using the on-chain governance system, and according to proposals 1...
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Chinese provincial official expelled for violating crypto mining ban A former CCP official from Jiangxi province allegedly abused his administrative powers to undermine the political principle of "two maintenance," which relates to the notion of firmly maintaining the authority of the par...
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Bitcoin's Hashrate Soars 42% Higher Over the Last 3 Months Following Crypto Asset's 36% Price Increase While bitcoin has been hovering above the $60K handle for a great majority of the last 28 days, the network’s hashrate has jumped considerably during that time as well. Since August 13, Bitcoin’s hashrate has climbed...
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Altcoin Roundup: 3 Proof-of-work protocols focused on building Web 3.0 Proof-of-work models are evolving to support the growth of Web 3.0. Here's 3 projects that offer miners substantial rewards for supporting the network.
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South Korea's Prospective New President Mulls 'Giving a Crypto to all Citizens' Crypto has become a key issue in the run-up to the South Korean presidential election - with shots firing in all directions as politicians hunt for votes. As previously reported, the ruling Democratic Party nominee Lee J...
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Look out below! Dogecoin risks further downside after a key support is tested Some analysts point to Binance's pause on DOGE withdrawals as the catalyst for the altcoin's pullback, but data suggests overheated derivatives markets may have been a factor.
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ADALend: Announcing Imminent Cross-Platform Development ADALend, currently in the process of developing a decentralized financing (DeFi) project has just announced its plans to start the development of its cross-platform integrations very soon. The cross-platform integrations...
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