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Cryptocurrency News

Location American Cryptocurrency News for 4 December 2021
El Salvador stacks 150 Bitcoin after BTC price crashes below $50k With this purchase, El Salvador's Bitcoin reserve now amounts to 1,270 BTC, which is worth nearly $60.3 million at the time of writing.
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FBI Seizes Bitcoin Worth More Than $2.2 Million From Ransomware Affiliate The Federal Bureau of Investigation (FBI) has seized bitcoin worth more than $2.2 million tied to ransomware payments. The cryptocurrency allegedly belongs to an affiliate of Gandcrab and Revil/Sodinokibi ransomware. US ...
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Traders say ATOM could eventually do an AVAX-like surge to $100 Fractals, bullish technical analysis patterns and the fact that 67% of the total supply is staked are key reasons why analysts expect ATOM to hit new highs shortly.
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Virtual Land Adjacent to Snoop Dogg's Sandbox Estate Sells for $450K in Ethereum The popular American rapper Snoop Dogg revealed at the end of September that he acquired land in the blockchain-based virtual metaverse The Sandbox and had plans to recreate his mansion. On December 2, The Sandbox held a...
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Crypto Flash Crash Prompts El Salvador to Buy the Dip -- 150 Bitcoins Added to Treasury As the crypto market shed billions of dollars, El Salvador bought the dip, taking advantage of the falling price of bitcoin early Saturday morning. With the latest buy, El Salvador has purchased a total of 1,370 bitcoins...
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Blockchains need to move toward standards for interoperable asset transfers A new emerging economy, which includes blockchain-native tokens, digital tokens, stablecoins and CBDCs, requires interoperable blockchain standards.
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Crypto Economy Loses Billions in Market Downturn, Bitcoin Price Slips More Than 25% in 30 Days A great number of cryptocurrencies dropped considerably in value during the early morning hours (after 12:00 a.m. EST) on December 4. At the time of writing, the crypto economy is down more than 16% and the price of bitc...
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Gold, Bitcoin or DeFi: How can investors hedge against inflation? Over the last 10 years, Bitcoin has been through 20 different bear markets. Is it finally starting to prove itself?
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MetaGods Raises $3M Investment to Develop Play-to-Earn 8-Bit Action RPG PRESS RELEASE. MetaGods, the world’s first play-to-earn 8-bit action role-playing game built on the blockchain, has raised $3 million USD in funding from supporting investors. Numerous investors and partners have partn...
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ECB Paper Marks Success Factors for CBDCs, Digital Euro A paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors also point...
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Crypto Exchanges in 2022: More Services, More Compliance, and Competition For many people, exchanges are pretty much the core of the crypto market and industry. They facilitate the all-important trades in the world's virtual currencies, and by doing so, they reveal which are likely to become t...
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Ethereum Might Dethrone Bitcoin as Best Crypto Store of Value, Study Argues A recent paper authored by members of several universities, including Sydney and Macquarie, argues that recent changes in Ethereum monetary policy are making it a better store of value than bitcoin. The deflationary effe...
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Bitcoin could 'consolidate until 2022' after mass wipeout sends BTC price to $41K $2.5 billion liquidated across cryptocurrency in a mass rout which sends Bitcoin price action back to the end of September.
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Binance Names Three Nigerian Reality TV Show Celebrities as African Ambassadors Binance has named three former housemates from the popular Nigerian reality television show “Big Brother Naija” as the cryptocurrency exchange’s brand ambassadors for the African continent. Bringing Crypto to the M...
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Bitcoin, Ethereum Rebound Sharply After Another Crash while El Salvador Misses 'the F***ing Bottom' The crypto market saw another sharp correction on Saturday morning (UTC time), followed by a strong rebound, while over USD 2.5bn in derivatives trading positions were liquidated in the past 24 hours. El Salvador "bought...
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Bitcoin tumbles below $47K wiping out October gains -- Bear market begins? The price of Bitcoin has fallen to two-month lows as volatility bites. But could the bottom be in for the Bitcoin price at around $42,000?
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British Security Think Tank's Report Warns NFTs Could Bolster Money Laundering Schemes The Royal United Services Institute (RUSI), the British defense and security think tank, questions whether or not non-fungible token (NFT) assets can be used for money laundering purposes. The report determines that in o...
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Got crypto? Here are 3 software wallets for storage, staking and swapping "Not your keys, not your coins" is short for "Don't leave your crypto on exchanges." Here are three soft wallets that are trusted by millions of investors.
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Chinese Crypto Mining Crackdown Turns Focus to PC Rooms and 'Home Miners' Having effectively eliminated its industrial crypto mining sector, China is now going after the small fry: internet café and PC gaming room operators - and even those mining on rigs and cards at home - as Beijing moves ...
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Security Focused DeFi Project EverRise Now Live on 3 Blockchains, Staking Introduced Originally launched on June 15th, 2021, EverRise is a blockchain technology company that offers bridging and security solutions across multiple chains through an ecosystem of decentralized applications. With their RISE t...
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