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Cryptocurrency News

Location American Cryptocurrency News for 12 June 2022
Kim Dotcom on the 'Great Reset,' Strong Russian Ruble Puzzles Economists, and More -- Bitcoin.com News Week in Review This week, entrepreneur and activist Kim Dotcom said the “U.S. is beyond bankrupt,” and minced no words about a potential “controlled demolition of global markets.” Meanwhile, American economists are interested i...
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Governments May Have Had Some Successes, but Seizing Bitcoin and Crypto Is Still Very Hard It may have strong competition, but one of the most disturbing things to happen to crypto in 2022 was the Ontario Superior Court of Justice issuing a Mareva injunction. Set against the backdrop of demonstrations and bloc...
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Report: Five South Korean Crypto Exchanges Respond to Litecoin MWEB Upgrade by Delisting the Coin Five South Korean cryptocurrency exchanges recently said they will delist litecoin because the crypto asset’s Mimblewimble Extension Blocks (MWEB) upgrade violates the country’s laws. As a result, the exchanges’ us...
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New American Express Credit Card Lets Shoppers Earn Crypto Rewards Tradable Across 100+ Cryptocurrencies American Express and Abra are launching a new credit card that will allow shoppers to earn cryptocurrency rewards “tradable across over 100 different cryptocurrencies” without annual or foreign transaction fees. Amer...
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Huobi Launches Blockchain and Web3 Investment Arm Ivy Blocks Huobi, a leading cryptocurrency exchange, has announced the creation of a new investment arm to tackle decentralized finance and Web3 projects. Ivy Blocks, as it was named by the exchange, will focus on finding projects ...
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Top 5 cryptocurrencies to watch this week: BTC, FTT, XTZ, KCS, HNT Bitcoin managed to bounce off a critical support and if the higher levels sustain, FTT, XTZ, KCS and HNT could attract buyers.
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EU Nears Agreement on Crypto Regulations, Report Reveals Authorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and related activities in Europe. According a media report, an agreement on the key legisl...
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Moneygram Launches USDC Crypto-to-Cash Program in Certain Markets Moneygram, a remittance and payments company based in the U.S., has announced the integration of USDC, a dollar-pegged stablecoin, as a settlement asset for its cash to crypto and crypto to cash program. The company will...
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Stablecoin Market Nears 15% of the Entire Crypto Economy's Market Valuation Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. However, after the Terra stablecoin fallout, the fiat-pegged token economy...
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What are Bitcoin improvement proposals (BIPs), and how do they work? Bitcoin improvement proposals are an essential part of cryptocurrency governance. Learn here what they are and how they work.
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Meme Token King Dogecoin Lost 91% in Value Since Last Year's High, DOGE Mining Revenue Plummets After a prominent rise last year, 2022 has not been too kind to the top meme coin asset dogecoin. Currently, the father of the meme coin economy, dogecoin, has lost 91% in value since the crypto asset’s all-time high. ...
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Bitcoin price drops to lowest since May as Ethereum market trades at 18.4% loss Bitcoin threatens its lowest weekly close since late 2020 as low weekend liquidity exacerbates existing weakness.
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This Is Why Fed Might Attack Inflation More Aggressively Veronika Dolar, Assistant Professor of Economics, SUNY Old Westbury._______ Inflation surged at the fastest pace in over 40 years in May 2022, pushing the Federal Reserve toward a more aggressive pace of interest rate in...
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What can other algorithmic stablecoins learn from Terra's crash? The main problem that led to the fall of Terra was that the reserves appeared to be overcollateralized, but in reality, they weren't.
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Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST The rumor surfaced after a Twitter thread by @FatManTerra shared the alleged details on how Kwon, along with Terra influencers, managed to drain funds while artificially maintaining the liquidity.
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Indian Government's Chief Economic Adviser Warns of Danger in Crypto, Defi Without Regulation The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of regulation. “We may not be fully aware or comprehend the kind of forces we ar...
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Central authorities have demonized privacy -- Crypto projects must fight back While a core tenet and source of pride among crypto projects, privacy has been demonized by those in power, including lawmakers, regulators, banks and academics.
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