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Cryptocurrency News

Location American Cryptocurrency News for 9 April 2022
Russia's Central Bank Slashes Benchmark Rate, Pegs RUB to Gold -- Ruble Rebounds to Pre-War Levels Amid the Ukraine-Russia conflict, the Russian ruble has managed to rebound despite the strict sanctions imposed against the Russian Federation. The country’s central bank has taken a few steps to protect the nation’s...
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Crypto-Friendly Special Economic Zone in Honduras Adopts Bitcoin as Legal Tender A crypto-friendly special economic zone in Honduras has adopted bitcoin as legal tender, allowing the cryptocurrency to be used to pay taxes and fees. In addition, bitcoin bonds can be issued within its jurisdiction usin...
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India's Digital Currency to Take 'Very Calibrated, Graduated' Approach, Says RBI Deputy Governor Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar has outlined the implications of India issuing a central bank digital currency, the digital rupee. ”I think central banks would go about it in a very calibrate...
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Derivatives Exchange Giant CME Group Adds 11 New Cryptocurrency Reference Rates Global markets company and Chicago-based derivatives exchange CME Group plans to launch 11 new reference rates tied to specific crypto assets. The reference rates and real-time indices bolstered by CF Benchmarks are typi...
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Kyber Network (KNC) soars after integrating with Uniswap v3 and Avalanche Rush Phase 2 KNC price rallied in excess of 50% after expanding access to ten blockchain networks and an integration with Uniswap v3.
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CEEK VR gains 100%+ as push toward virtual reality and Metaverse development intensifies CEEK VR caught investors' attention after hosting a booth at the Grammy's, seeing its token listed on major exchanges, and launching new developments in the nascent Metaverse.
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The Eerie Similarities of Today's Great Monetary Shift and the Panic-Led Creation of the Federal Reserve System While many Americans believe the U.S. Federal Reserve is the caretaker of the country’s monetary system, its also believed to be one of the worst financial institutions ever created. In 2022, amid a gloomy economy, war...
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Shiba Inu Burn Rate Hits 26,000% in the Last Day, 1.4 Billion SHIB Destroyed in 24 Hours On Saturday, the second-largest meme-based cryptocurrency shiba inu has seen a lot of tokens burned during the last 24 hours. According to statistics, the network’s burn rate has increased by 26,592% as 1.4 billion SHI...
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Biggest Movers: XMR Climbs to 4-Month High, NEAR Drops 10% Following Recent Gains Following a gain of over 25% on Friday, NEAR dropped by over 10% to start the weekend, while XMR rose to a four-month high. The move in NEAR comes as traders look to be taking profits from recent highs, and as market unc...
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Seven times Bitcoin miners made the world a better place BTC mining and the miners, themselves, seem to be doing more than just securing the Bitcoin network.
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Ethereum's Hashrate Taps an All-Time High as Miners Race to Mint ETH Before The Merge While the Ethereum community is getting prepared for The Merge and the protocol’s transition to a full proof-of-stake (PoS) system, the network’s hashrate reached an all-time high (ATH) on April 7, 2022. On Thursday,...
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Bitcoin, Ethereum Technical Analysis: Bitcoin Trades Near Key Support Level to Start the Weekend Bitcoin was trading close to its long-term support level during Saturday’s session, as the decline in crypto markets continued. The price of ETH was also lower to start the weekend, falling below $3,200 in the process....
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Bitcoin whales fill their bags despite warnings BTC price could fall below $40K Bitfinex heavyweights are not the only ones who see current Bitcoin price levels as a buying opportunity.
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How to Hedge Your NFT Collection With Ethereum Derivatives The majority of the non-fungible token (NFT) market resides on Ethereum (ETH), tying the performance of the NFT market - to a degree - to the value of ether as most NFTs are priced in ETH. Therefore, NFT collectors who a...
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South African Central Bank Governor: Regulators and Policymakers Must Be Involved in Shaping Potential Move to DLT Markets The head of the South African central bank has insisted that regulators and policymakers should be involved in directing any potential move to markets that are based on distributed ledger technology (DLT). Pondering the ...
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'I've never paid with crypto before': How digital assets make a difference amid a war For many Ukrainians and Russians, digital assets have become the means to support themselves and their loved ones during the crisis.
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Sky Mavis Raises $150 Million in Financing Round Led by Binance to Refund Users Affected by the Ronin Bridge Exploit Sky Mavis, the company behind the play-to-earn (P2E) game Axie Infinity, announced it has raised $150 million in a funding round to replenish the funds the company lost in the Ronin Network exploit. The funding round —...
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Namibian Central Bank Announces Plan to Launch CBDC Johannes Gawaxab, the governor of the Bank of Namibia (BON), has said his organization is planning to launch a central bank digital currency (CBDC). The governor, however, warns the launch might have implications for fin...
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GAIMIN Delivers a Decentralized Approach to the Increasing Requirement for More Data Processing Power With the current concerns around global energy usage, combined with increasing requirements for data processing services, many countries previously supportive of centralized data processing businesses are investigating t...
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