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Cryptocurrency News

Location American Cryptocurrency News for 4 June 2022
Tesla CEO Elon Musk Has 'Super Bad Feeling' About US Economy -- Biden Responds Tesla and Spacex CEO Elon Musk says he has a “super bad feeling” about the U.S. economy. President Joe Biden responded with a list of major investments by large corporations and wished Musk luck on his trip to the mo...
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South Korea ramps up crypto investigations and regulations South Korea announced Digital Assets Committee, launched an investigation and met with Asia-Pacific financial authorities.
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Defi Educator Says $22 Billion in ETH 2.0 Funds Won't Be Liquid Immediately After PoS Transition As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s e...
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Is Solana a 'buy' with SOL price at 10-month lows and down 85% from its peak? SOL price still faces headwinds from its Bitcoin correlation, macro risks as well as Solana's downtimes.
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Bitcoin long-term hodlers begin 'distribution' which preceded BTC price bottoms The bearish BTC price targets keep mounting amid concerns over "distribution" of coins by long-term holders.
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Czech Central Bank Plans Tenfold Increase in Gold Holdings, New Governor Says Precious Metal 'Good for Diversification' The incoming governor of the Czech National Bank (CNB), Aleš Michl, has said he plans to increase the institution’s gold holdings almost tenfold from the current 11 tonnes to 100 tonnes. Michl also said he will ask th...
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Ethereum's Hashrate Surpasses Lifetime High as The Merge Gets Closer Following the all-time high (ATH) recorded in May, Ethereum’s hashrate has been breaking records again, as it reached 132 petahash per second (PH/s) on Saturday, June 4. Presently, Ethereum’s hashrate is coasting alo...
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Russia's Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform has been announced...
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How to Buy a House with Bitcoin: A Guide for the Crypto Rich The acceptance of digital currencies like bitcoin (BTC) as a payment method continues to grow globally. Bitcoin payment providers like BitPay and BTCPay Server are making it easier for anyone to purchase a wide range of ...
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Dubai Property Developer Completes Real Estate Deals Worth $50M via Crypto According to an executive with the Dubai-based DAMAC Properties, the real estate development “company has already succeeded in concluding real estate deals worth $50 million via cryptocurrencies since the beginning of ...
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RBI Official: Central Bank Digital Currencies Could Kill Cryptocurrencies Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could “kill whatever little case there could be” for cryptocurrencies, like bitcoin and ether. RBI’s Deputy Governor D...
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Hacker Used 'Social Media Data Leak' to Steal USD 660K in Crypto from 90 Victims - Police Police in Seoul, South Korea, have arrested and charged a 30-year-old man after officers reportedly found evidence that he may have stolen some USD 660,000 worth of crypto using data he harvested from a popular social me...
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Caribbean Islands, Dubai, Mumbai -- Bitcoin Cash Adoption Continues to Swell Worldwide Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribb...
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