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Cryptocurrency News

Location American Cryptocurrency News for 8 December 2021
Another Unnamed Investor Offers to Bail Out Collapsed South Africa Crypto Firm A new unnamed investor has offered to bail out Africrypt, the collapsed South Africa-based crypto investment company, with $5 million. The offer, which does not require criminal charges against Africrypt directors to be ...
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Billionaire Barry Sternlicht Discusses Bitcoin Price Rising to $1 Million -- Calls BTC a 'Smart' Hedge The chairman of Starwood Capital Group, billionaire Barry Sternlicht, has shared his view on how bitcoin could grow to be worth a million dollars a coin. He calls the cryptocurrency a “smart” hedge in a world where t...
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$1.1B in Bitcoin options expire on Friday, but data points to a sub-$55K BTC price BTC bulls are looking at a $300 million loss after last week's 11.5% correction set them up as the losers of Dec. 10's $1.1 billion options expiry.
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'Nation should not compensate investors for crypto losses' says UK's Financial Conduct Authority CEO UK's top financial watchdog wants to bar investors from accessing government compensation in the event of crypto scams or not-at-fault financial loss.
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NFT partnerships and protocol integrations boost Tezos, WAX and Aleph.im A slew of new NFT-related partnerships and integrations with DeFi platforms sparked a rally in XTZ, WAXP and ALEPH.
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Video Game Giant Ubisoft Launches NFT Platform, Software Firm's Blockchain-Tech Runs on Tezos The French video game manufacturer based in Montreuil, Ubisoft Entertainment SA, has announced the company has launched a blockchain-based platform called Ubisoft Quartz. According to the company, the platform will enhan...
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Russian Senate, Gov't Ministries & Central Bank to Create Crypto 'Working Group' The Russian parliament's upper house, the Federation Council (the equivalent to the American Senate), is stepping up its crypto regulatory efforts - and wants to get involved in the creation of new laws pertaining to the...
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Biden Administration Unveils Plan to Focus on 'Prosecutions of Criminal Misuses of Cryptocurrency' The Biden-Harris administration has unveiled its strategy on “countering corruption.” It includes utilizing the government’s newly established task force, the National Cryptocurrency Enforcement Team, to focus on �...
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Bitcoin rebounds on Wall Street open as exchange BTC reserves plunge after $42K dip Friday's sell-off made exchanges shed excess BTC even faster than before, data shows.
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USD 3B Crypto Trading Floor, Bitmart Resumes Ethereum Withdrawals + 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.__________...
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$11 Billion Added to Stablecoin Economy in 10 Days, UST and OUSD Issuance Swells During the last week of November, the stablecoin economy had crossed the $150 billion mark for the first time with tether and usd coin dominating the pack. In a mere ten days, the stablecoin economy gathered another $11 ...
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Central Banks Test CBDC as 'Multiple Assets and Currencies' Coming For Them Competing systems for settlement of "multiple assets and currencies" may emerge, and it is the job of central banks to ensure the maintenance of "equitable access" to central bank-issued money, a new report from the Bank...
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Watch: 6 Crypto CEOs Testify About Threshold Issues, Bitcoin Mining, and More US lawmakers should take steps to bring crypto-related activities into the regulated financial system, while also developing a "national policy for a decentralized Web 3" as they did for Web 1 in the 1990s, Brian Brooks,...
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More Aussie Crypto Traders Profiting, Country Moving to Largest Reform of Payments Systems Nearly 90% of crypto owners in Australia have either profited from trading in 2021, or broke even, with the number of women in the crypto-owning group doubling compared to 2020, according to a recent survey released by A...
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Cryptocurrency Exchange Huobi Global to Leave China This Month Digital asset exchange Huobi Global has revealed its intention to exit the Chinese Market. The crypto trading platform with Chinese roots said it will stop processing transactions for existing users on the mainland by th...
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Coinbase To Compress Trading Fees Amid Rising Competition US crypto exchange Coinbase is gearing towards a trading fees compression as part of the company's drive towards diversifying from trading fees and towards increasingly relying on revenue from subscription services. Trad...
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Dogecoin and Ether rank in top 10 news searches on Google in 2021 Dogecoin was the fourth-most popular news on Google in 2021 both globally and in the United States.
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Bitcoin and Ethereum Correct Lower, Key Supports Nearby Bitcoin price attempted an upside break above USD 52,000 but failed. BTC started a fresh decline and traded below USD 50,500. It is currently (12:07 PM UTC) declining towards USD 49,000 and it could even test the key USD...
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Crypto is a 'Fantastic Hedge' Against Bubble in Bonds - Pantera's CEO Investing in crypto is a "fantastic hedge" against a bond market that will get destroyed once the US Federal Reserve stops its asset purchases, Dan Morehead, CEO of the crypto investment firm Pantera Capital, wrote in a ...
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Goldman Sachs CEO David Solomon Believes Blockchain Is More Important Than Bitcoin David Solomon, CEO of Goldman Sachs, one of the leading banking institutions in the world, has stated his opinion on the bitcoin vs blockchain dilemma. To Solomon, bitcoin is not as important as the advancements in techn...
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Buy Christmas Presents From Top Brands With Over 100 Cryptocurrencies on Coinsbee Coinsbee is a platform for buying gift cards with more than 100 cryptos, from all your favourite brands and shops, as well as get payment cards and top-ups. This holiday season, use Coinsbee to purchase vouchers for onli...
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Decentralized dYdX Went Down Due to Reliance on Centralized Cloud Services Decentralized exchange (DEX) dYdX was down for 9 hours Monday afternoon to Tuesday morning, due to a major outage that hit Amazon's cloud-service network Amazon Web Services (AWS), once again stirring up debates about de...
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