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Cryptocurrency News

Location American Cryptocurrency News for 28 November 2021
Kevin O'Leary on SEC v Ripple Lawsuit Over XRP: 'I Have Zero Interest in Investing in Litigation Against SEC' Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says he has zero interest in investing in anything with litigation from the U.S. Securities and Exchange Commission (SEC). “That is a very bad idea,” he said. Discu...
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More Regulations Proposed to 'Streamline' Mining Sector in Kazakhstan Authorities need to expand the regulatory framework for cryptocurrency miners, a member of the parliament in Kazakhstan has suggested. The additional rules should streamline their activities and help correct the forming ...
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Bitcoin risks lowest weekly close in 2 months but BTC buyers stock up at $53K Bitcoin remains attractive for seasoned hodlers, as $50,000 now becomes the point at which confidence could turn to anxiety.
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El Salvador Buys 100 More Bitcoins Amid Crypto Sell-Offs and New Covid-19 Variant Scare As reports of a new Covid-19 strain spread, tanking the price of many cryptocurrencies, El Salvador bought the dip. The country has added 100 more bitcoins to its treasury despite a recent warning by the International Mo...
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Ethereum L2 Scene Heats Up With Boba Network Taking Second Spot in TVL Boba Network, a recently released L2 layer for Ethereum, has quickly jumped to second place in TVL (total value locked) among all expansion layers. Boba, which is a fork of Optimism, another L2 layer based on rollups, re...
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Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution The second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints a...
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Report Shows Ethereum, Litecoin, Solana ETPs Outperformed Bitcoin Investment Products in November Cryptocompare, the firm that provides institutional and retail investors with real-time and historical cryptocurrency data, has published the firm’s November 2021 Digital Asset Management Review. The report covers cryp...
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Crypto Stamp Crashes Swiss Post's Online Store With Launch Day Demand Unexpectedly high demand for Switzerland’s first crypto stamp has created headaches for the national postal service. Swiss Post announced it had to deal with technical issues when numerous orders hit its online shop al...
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Ghana's Minority Lawmakers Reject Government Proposal to Tax Mobile Money Transactions The Ghanaian government’s proposal to introduce a 1.75% levy on digital transactions was recently rejected by a minority of lawmakers who insist the new tax derails efforts to help increase the number of adults that ar...
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Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds With the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows. Russian residents are some of the ...
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Eurozone's Fiat Is Plunging - And Probably Won't Bounce Back Soon Keith Pilbeam, Professor of Economics, City, University of London.____...
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Bitcoin AUM falls 9.5% to record largest monthly pullback since July The Bitcoin assets under management (AUM) market fell 9.5% to $48.7 billion in November while altcoin-based crypto funds such as Ether saw their AUM rise 5.4% to $16.6 billion.
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Tanzanian Central Bank Preparing for CBDC to Ensure Country Is Not Left Behind Florens Luoga, the governor of the Bank of Tanzania, said the apex bank has kickstarted preparations for a central bank digital currency. He said the bank was doing this to ensure Tanzania is not left behind as other cou...
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Retail Giant Newegg Confirms Shiba Inu 'Coming Soon' as AMC Theatres Gets Ready to Accept SHIB Payments A major tech-focused e-commerce platform, Newegg, has announced that SHIB is coming soon to its platform. Newegg currently accepts cryptocurrencies via Bitpay. The crypto payment service provider is expected to add SHIB ...
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