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Cryptocurrency News

Location American Cryptocurrency News for 8 June 2022
Bitcoin, Ethereum Technical Analysis: BTC Continues to Consolidate, Prices Move Slightly Above $30,000 Bitcoin moved away from Tuesday’s lows during the hump-day session, as prices were once again above $30,000. Prices have been hovering above and below this level over the last few weeks, with no significant gains in th...
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Ethiopian Central Bank Urges Residents to Stop Engaging in Crypto Transactions The National Bank of Ethiopia (NBE) has said it does not recognize cryptocurrencies as a legitimate method of payment and that residents must avoid using them. The bank insists the local birr currency is the only lawful ...
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Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime Crisis Nobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the housing bubble and the subprime mortgage crisis. Noting that crypto lacks any real value, he said: “it is a house built...
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Traders target $1,400 Ethereum price after ETH drops closer to a critical support level Ethereum's Ropsten testnet successfully integrated the merge to become proof-of-stake, but this hasn't stopped traders from adjusting their downside price targets.
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Paypal Upgrades Crypto Service -- Now Lets Users Transfer Cryptocurrencies to Other Wallets, Exchanges Paypal has begun letting users transfer cryptocurrencies between its platform and other wallets and exchanges. “This feature has been consistently ranked by users as one of the most requested enhancements since we bega...
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Digital assets still make a lot of sense, says Codex co-founder In a Davos interview, Codex's Alex Gordon-Brander talked about the Ethereum launch, Codex' liquidity specialties, and solving real-world problems with crypto.
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Kazakhstan Central Bank Exploring 'Opportunities in Crypto, DeFi 'Innovation' Kazakhstan's central National Bank has stated that it is "interested in" the "opportunities for innovation" that cryptoassets and DeFi can "give" the government. Per Tengrinews, the Governor of the National Bank Galymzha...
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Bitcoin bears have plenty of reasons to hold BTC price below $32,000 Regulatory pressure and macroeconomic uncertainty continue to pin traders' sentiment and BTC price under $32,000.
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Checkout.com Reveals Merchants Can Accept and Make Payments in USDC On Tuesday, the financial technology company Checkout.com announced that it will allow merchant settlements using the stablecoin USDC via a partnership with the crypto firm Fireblocks. Checkout.com further detailed that ...
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Despite bearish trend, hedge funds are dipping their toes in crypto: PwC Although traditional fund managers remain hesitant about investing in Bitcoin and Ether, their exposure to digital assets appears to be growing.
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New NFT Marketplace, myNFT, Seals $7m in Funding to Make NFTs Accessible to All PRESS RELEASE. New London-based NFT marketplace platform, myNFT, has announced its upcoming launch with the news that it has received Series A funding from some of the most prominent investors in the blockchain industry....
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Blockchain Games Strongest Category Amid Crypto Market Downturn Blockchain games is the category within crypto that has resisted the industry downturn the most, with activity still being up 197% year-over-year, DappRadar's Industry Report for May shows. The sector's resilience is cle...
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Circle Announces the Stablecoin USDC Is Now Supported by the Polygon Network Circle, the issuer of the stablecoin usd coin (USDC), announced that the project is now supported on the Polygon network. The stablecoin with the second-largest market capitalization can now be withdrawn via a Circle Acc...
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Biggest Movers: LINK Remains Near 1-Month High, as ADA Extends Bull Run LINK remained close to a one-month high earlier in today’s session, as crypto markets shook off some of Tuesday’s volatile moves. Although price volatility remained, bulls returned to show force, with ADA continuing ...
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Bitcoin Mining Difficulty Ticks Up, Solana's USD 100M Bet, NFT Ticketing + 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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Bitcoin Historical Performance is No Guide for the Future in 2022 May turned out to be yet another disappointing month for bitcoin (BTC), despite promising predictions based on its historical performance. So, with that in mind, how reliable really are historical patterns for the price ...
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Wall Street sends BTC price to $30.8K as latest US dollar uptick fails U.S. dollar strength is waning as traders hope for critical levels to break to exit Bitcoin's "no trade zone."
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Binance US Adds Staking Services for 7 Different Crypto Assets Binance US is now offering crypto staking services and the firm details that seven digital currencies are currently available with annual percentage yields (APYs) up to 18%. Customers can earn yields on proof-of-stake (P...
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While DeFi Total Value Locked Fell by 51% Since the End of Q1, Arrakis Finance Amassed $1 Billion TVL PRESS RELEASE. Zug, June 08, 2022 — As markets continue to tumble, Arrakis Finance, a yet relatively unknown & tokenless project, just reached a new milestone — a total value locked of $1 billion. DeFi TVL overall fe...
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French Lawmaker Releases New Report to Push for Crypto Legislation Pierre Person, a lawmaker from France's ruling La République En Marche! (LREM) party, has unveiled a new report which introduces a number of legislative proposals related to crypto and digital assets, pushing for the ad...
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Bitcoin and Ethereum Still Range-Bound, LINK and THETA Outperform After dropping from USD 31,500 to USD 30,000 earlier today, bitcoin somewhat recovered and is currently trading near USD 30,500 again. BTC is up 3% in a day and down 4% in a week. Similarly, most major altcoins are facin...
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Ethereum's Ropsten Testnet Set to 'Merge' Today

Crypto News - 8 Jun 2022 13:11
Ethereum's Ropsten Testnet Set to 'Merge' Today The Ropsten public testnet, Ethereum (ETH)'s longest-lived proof-of-work (PoW) testnet that allows for blockchain development testing before deployment on the mainnet, is expected to go through The Merge in a matter of h...
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