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Cryptocurrency News

Location American Cryptocurrency News for 10 June 2022
Bitcoin, Ethereum Technical Analysis: BTC Prices Stall, Heading Into Weekend Bitcoin prices were mainly unchanged early in Friday’s session, as traders prepared for the weekend. Following a strong start to the week, crypto prices have mostly consolidated in recent days. ETH was once again tradi...
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US Inflation for May Hits 8.6%, Above Analysts' Expectations US inflation hit 8.6% in May, up from 8.3% in April and above analysts' expectations. "While almost all major components increased over the month, the largest contributors were the indexes for shelter, airline fares, use...
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Bitcoin Lightning Network Capacity charges through 4,000 BTC The layer-2 technology built on Bitcoin now has 4,000 Bitcoin or $120 million locked up allowing for near-instant payments around the world.
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Bitcoin miners say NY ban will be ineffective and 'isolate' the state Miners feel that the New York legislature's efforts to get Bitcoin miners out of their state will backfire in the long run as other states invite miners to help improve their energy grid.
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How The Ethereum Merge Could Impact Staking Yields

Crypto News - 10 Jun 2022 02:00
How The Ethereum Merge Could Impact Staking Yields Max Shannon, Digital Asset Analyst at major European digital asset investment firm CoinShares._____ The Merge aims to move Ethereum from Proof of Work (PoW) to Proof of Stake (PoS), and provide the foundation for increas...
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Blockchain Firm Edge Launches Confidential Crypto Mastercard The San Diego-based cryptocurrency firm Edge has announced the launch of a confidential crypto Mastercard that doesn’t collect KYC data and doesn’t charge transaction fees. Edge’s website notes that there’s “no...
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Here's how blockchains are helping to advance the global energy grid Governments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors' growing interest in crypto is leading to positive steps in the energy sector.
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Report: Luxury Fashion Retailer Farfetch to Accept Crypto Assets for Payments The British-Portuguese luxury fashion retailer Farfetch said it will accept crypto assets soon thanks to a partnership with the German crypto platform Lunu. Farfetch will accept seven different crypto assets including bi...
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Do Kwon's alleged $80 million withdrawals before Terra fallout triggers mixed reactions Analyst Michaël van de Poppe said that the Terra founder deserves jail, comparing Kwon to fraudster Bernie Madoff, who was jailed after running a Ponzi scheme.
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Bitcoin, altcoins sell-off on record-high inflation, but traders still expect BTC to consolidate Global financial markets and crypto sold off after June 10's 8.6% CPI print showed inflation remains a persistent challenge.
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Move Over Web3 (and Web4), Jack Dorsey's TBD Is Building Web5 Twitter and Block co-founder Jack Dorsey is back at taking shots at Web3 again as TBD, a Bitcoin (BTC)-focused subsidiary of Block, announced that it is building Web5 - a Decentralized Web Platform (DWP) that is meant to...
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Lack of Interest in Australian Bitcoin ETFs Blamed on Bad Launch Timing, Strong Inflows Globally Bitcoin (BTC)-backed exchange-traded funds (ETFs) of various types are now widely available to investors around the world. But the popularity of the funds varies, with investors in Australia showing almost no interest in...
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Price analysis 6/10: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB BTC and altcoins are on the verge of falling below critical support levels, and June 10's higher-than-expected CPI report isn't helping.
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Popular BTM Operator: Bitcoin of America Continues Rapid Expansion in 2022 Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast and hassle-free transaction, t...
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VC Play-to-Earn Investors Now 'More Cautious', Game Engagement Still Strong - Animoca Brands This year's downturn in the crypto market has made venture capital investors in the metaverse and play-to-earn sector "more cautious," although user engagement in the games themselves remains "robust," metaverse investor...
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Biggest Movers: AVAX, ALGO Among Crypto Losers as U.S. Inflation Hits 40-Year High AVAX and ALGO both fell by nearly 10% on Friday, following the release of the latest inflation figures in the United States. Data showed that inflation is currently at 8.6%, which is close to a 40-year high. Both AVAX an...
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'Ubiquitous' Crypto Payments, Custody Exchange Network, DCG and Huobi Get New Arms + 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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Decentralized Autonomous Organization Statistics Show $10 Billion Is Held by DAO Treasuries During the early years of the cryptocurrency space, decentralized autonomous organizations (DAOs) and smart contracts were discussed in theory. Nowadays many people consider The DAO, launched in 2016 by members of the Sl...
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Mastercard to Enable Direct NFT Payment Options for Marketplace Operators The payments giant Mastercard says it will begin enabling non-fungible token (NFT) trading for a range of crypto-ecosystem platforms, including the "gas-free" marketplace Immutable X, Candy Digital, the metaverse gaming ...
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Swedish central bankers snipe Bitcoin mining, cite rampant energy use A report by the Riksbank makes the case for banning Bitcoin mining in Sweden over proof-of-work energy consumption concerns; Bitcoin Twitter was quick to react.
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Bitcoin price falls under $29.5K after 'unexpected' 40-year high US inflation The ghost of the highest inflation since 1981 gets traders pricing in three more 0.5% rate hikes by October.
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New Partnership to Give '82M Users' Access to .blockchain NFT Domains Domain and digital identity platform Unstoppable Domains is teaming up with major crypto company Blockchain.com to launch .blockchain non-fungible token (NFT) domains. Under their plan, 82 million Blockchain.com wallet u...
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