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Cryptocurrency News

Location American Cryptocurrency News for 24 May 2022
Woman Gets 5-year Jail Term After Stealing USD 87K Worth of Crypto in Dating App Scam A South Korean woman who met a man on a smartphone chat app, drugged him, and stole USD 87,000 in crypto from his phone has been sentenced to five years in prison....
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Veteran Investor Jim Rogers Optimistic About Future of Crypto Money Renowned investor Jim Rogers, who co-founded the Quantum Fund with billionaire investor George Soros, says he has “optimism about the future of crypto money.” However, he is skeptical of central bank digital currenci...
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Korean Police Ask Crypto Exchanges to Freeze Luna Foundation Guard's Assets The South Korean police have reportedly launched an investigation into possible embezzlement involving an employee of Terraform Labs. To prevent fund transfers, the police have requested crypto exchanges to freeze the Lu...
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Low inflation or bust: Analysts say the Fed has no choice but to continue raising rates The Federal Reserve's steady interest rate hikes have put stocks and crypto into bear market territory, but analysts worry about what happens if inflation still remains out of the "target range."
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ECB: One in ten households in eurozone population centers now own cryptocurrency The survey took place in the EU's major economic areas such as France, Germany, Italy, Spain, Belgium, and the Netherlands.
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More Crypto Regulation Incoming in South Korea Following Terra Collapse, Gov't Indicates More regulatory scrutiny could be incoming for the crypto sector in South Korea in the wake of the terra (LUNA) and terraUSD (UST) crash - with exchanges set to come under the same kind of scrutiny as Terraform Labs and ...
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Billionaire Ray Dalio Speaks in Davos -- Says 'Blockchain Is Great, but Let's Call It Digital Gold' This week the world has been talking about the World Economic Forum (WEF) meeting in Davos, Switzerland, which started on May 22 and ends on May 26. At the event, Bridgewater Associates founder Ray Dalio spoke about toda...
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WEF 2022: Trust and clarity are missing in discussions of carbon emissions and crypto Panelists at the World Economic Forum session on crypto's carbon footprint seem to be seeing FUD galore surrounding the environmental consequences of crypto mining.
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Assuming Bitcoin plays nice, higher timeframe analysis points to $90 Solana (SOL) price Solana continues to consolidate near the critical $50 price range, while bulls have begun to flirt with the idea of a possible upswing.
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Russian Court Recognizes Cryptocurrency as Means of Payment, Prosecutors See Precedent The City Court of St. Petersburg has recognized a large amount of cryptocurrency handed over by the victim in an extortion case as a means of payment, Russian media reported. The prosecutor’s office in Russia’s secon...
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Crypto funds under management drop to a low not seen since July 2021 Outflows from digital asset funds reached $141 million last week, a figure not seen since July 2021.
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Biggest Movers: SOL, NEAR Fall Over 10% During Tuesday's Session Crypto markets were down across the board on Tuesday, as bears re-entered the market, following strong gains on Monday. SOL was one of the tokens to fall, as it lost just over 10% of its value. NEAR also slipped by over ...
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As Countries Advance Fiscal Cooperation, Higher Taxes Could Come Crypto's Way - Davos Developed countries from across the world are moving towards increased fiscal cooperation that could lead to tighter taxation of corporations but also of personal assets under the so-called wealth tax, as indicated by th...
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Enforcement and adoption: What do UK's recent regulatory aims for crypto mean? British regulators intend to amplify the enforcement of crypto and make stablecoins a payment method.
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Bitcoin, Ethereum Technical Analysis: ETH Back Under $2,000 as Balenciaga Gains Lose Steam Following strong gains to start the week, BTC once again fell under $30,000, as crypto prices moved lower on Tuesday. The downturn follows up from yesterday’s rally, which came as Balenciaga announced it would be accep...
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Bitcoin price may bottom at $15.5K if it retests this lifetime historical support level The current worst case scenario involves a 28% wick below the 200-week moving average, one theory suggests.
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WEF 2022: Bitcoin should be seen from an innovation perspective, says Miami mayor Francis Suarez reminded people that volatility plays an equal role when the market is going up, but the concerns only come up during bear markets.
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STEPN's GMT Token Supported by Alchemy Pay for Real-World Spending PRESS RELEASE. The leading fiat-crypto payment solutions provider, Alchemy Pay (ACH) and the web3 app, STEPN (GMT), have announced a new collaboration. STEPN’s GMT token is now supported for use on Alchemy Pay’s hybr...
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Coinbase 'Frequently' Asks Employees to Rate Each Other - Report Major crypto exchange Coinbase is reportedly asking employees to rate each other quite often after meetings and other interactions. The cryptoasset company has been testing an app that asks employees to evaluate their co...
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WEF 2022: Blockchain community breaks stereotypes at Davos Soramitsu CEO Makoto Takemiya described blockchain companies as the "barbarians at the gate," storming the World Economic Forum 2022.
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Central African Republic to launch official crypto hub 'Sango' The Central African Republic prepares to launch its first major crypto hub shortly after the National Assembly adopted Bitcoin as legal tender.
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Top 3 cryptocurrencies that are faring the best in the 2022 bear market The list is curated after studying the drawdowns of the top 30 crypto assets by market cap from their record highs.
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