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Cryptocurrency News

Location American Cryptocurrency News for 13 June 2022
Economist Peter Schiff Explains Why He Expects Bitcoin to Crash as Recession Deepens -- Warns 'Don't Buy This Dip' Economist and gold bug Peter Schiff has made some dire predictions about cryptocurrency, particularly bitcoin and ether. He explained that “The need to sell bitcoin to pay the bills will only get worse as the recession...
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Bitcoin, Ethereum Technical Analysis: BTC Drops Below $24,000 to Lowest Level Since December 2020 Bitcoin fell to its lowest level since December 2020 to start the trading week, as crypto markets continue to plunge. ETH also fell considerably on Monday, as prices declined by over 16%, falling below $1,200 in the proc...
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Tether: Celsius crisis has no impact on USDT reserves

Coin Telegraph - 13 Jun 2022 13:44
Tether: Celsius crisis has no impact on USDT reserves The USDT stablecoin issuer Tether denies any correlation between its investment in Celsius and its reserves or stability.
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Crypto users take to Twitter to lament the ongoing market downturn What goes up must come down. And then go up again. Then come down again. And on and on and on...
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Crypto Lending Company Blockfi Cuts Staff by 20%

Bitcoin.com - 13 Jun 2022 23:30
Crypto Lending Company Blockfi Cuts Staff by 20% On Monday, the cryptocurrency lending company Blockfi announced that “market conditions” have had a “negative impact” on the firm’s business and it will be laying off “roughly 20%” of its staff. The message...
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Bitcoin price falls below its 'realized price' but is it time to buy the dip? Another wave of selling hit BTC and sent its price to lows not seen since December 2020. Does on-chain data suggest this dip is worth buying?
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Ukrainian Crypto Exchange Reportedly Close to FC Barcelona Sleeve Sponsorship Deal Ukraine's WhiteBIT crypto exchange could become the first firm in the blockchain technology space to have its name featured on an FC Barcelona shirt - with a sleeve sponsorship deal reportedly on the verge of completion....
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Tron's Stablecoin USDD Falls to $0.97, USDC Deployed to Defend the $1 Parity After the Terra UST fallout and the current crypto market volatility, many eyes have been focused on the Tron-based algorithmic stablecoin USDD. On June 13, the crypto asset tron (TRX) dropped significantly in value and ...
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Price analysis 6/13: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX Bitcoin and altcoins are seeing heavy selling as June 13's massive unwinding could be the final capitulation-level event before the market finally hits a bottom.
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Lawsuit Accuses Binance US of Selling Unregistered Securities, False Advertising Terra UST as 'Safe' A class-action lawsuit against Binance US has been filed in California that alleges the exchange misled investors and sold unregistered securities to roughly 2,000 plaintiffs. The case was filed by the law firm Roche Fre...
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OpiPets: The Rise of Blockchain in Formula 1

Bitcoin.com - 13 Jun 2022 19:00
OpiPets: The Rise of Blockchain in Formula 1 PRESS RELEASE. Formula One is one of the greatest sports in the world and brings about the best automobile teams which compete for the title yearly. From the racing tracks in Spa to the roads of Monte Carlo in Monaco, Fo...
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Crypto-related Criminal Cases Rise by 40% Year-on-Year in Russia There has been a spike in crypto-related legal activity in Russia - with case numbers growing fast both in the criminal and civil courts. Per the media outlet Izvestia, researchers from the cybersecurity outfit RTM Group...
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Crypto Listing and Delisting Announcements: Week 24

Crypto News - 13 Jun 2022 18:22
Crypto Listing and Delisting Announcements: Week 24 Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new ...
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Top NFT Collections See Price Crash Amid Crypto Market Panic The floor prices of some of the top non-fungible token (NFT) collections are crashing in the market, both in ethereum (ETH) and US dollar terms. The crash in NFT floor prices has accelerated over the past week for all th...
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Biggest Movers: DOGE, SOL Hit 1-Year Lows as Cryptos Crash DOGE and SOL were some notable movers on Monday, as crypto markets were once again hit by a red wave. DOGE dropped to its lowest level since April 2021, whilst SOL was also trading close to a one-year low to start the we...
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Bitcoin analysts are watching these BTC price levels as key trendline looms Consensus says that $22,400 marks the start of possible bottom territory, but the downside targets technically extend all the way to $11,000.
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Can the Optimism blockchain win the battle of the rollups? Optimism has garnered interest from the most influential figures in the crypto Industry like Vitalik Buterin.
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Binance Pauses Bitcoin Withdrawals Due to 'Backlog'

Crypto News - 13 Jun 2022 16:23
Binance Pauses Bitcoin Withdrawals Due to 'Backlog' Major crypto exchange Binance paused bitcoin (BTC) withdrawals due to a backlog, according to its CEO. Changpeng Zhao tweeted today that there has been a "temporary pause" of BTC withdrawals on the exchange. Per the CEO,...
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Twitter's Head of Marketing Denies Claims by Yuga Labs Co-Founder About a Social Media Attack Justin Taylor, Head of Consumer Product Marketing at Twitter, has questioned claims by Yuga Labs co-founder Gordon Goner that the project's social media accounts encounter a possible attack that would involve an insider ...
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Celsius Insolvency Rumors Swirl After Company Pauses Withdrawals, Nexo Offers to Buy Firm's Assets On Monday, June 13, 2022, the crypto economy dropped below the $1 trillion region, as a great majority of crypto assets have lost between 10% to 25% during the last 24 hours. Meanwhile, the crypto community has been disc...
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How to survive in a bear market? Tips for beginners

Coin Telegraph - 13 Jun 2022 15:05
How to survive in a bear market? Tips for beginners Bear markets represent the most dreaded period in any investment cycle, but there are a few ways to stay ahead and weather the storm.
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Binance suspends Bitcoin withdrawals -- CZ says funds are 'SAFU' A temporary pause on Bitcoin withdrawals has been imposed on the world's largest exchange, Binance.
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