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Cryptocurrency News

Location American Cryptocurrency News for 17 June 2022
BlockFi, Crypto.com, and Others Come Forward as Three Arrows Hires Advisers, Babel Finance Pauses Withdrawals After several days of intense discussions and rumors circulating about insolvency at major crypto hedge fund Three Arrows Capital (3AC), more details about the financial exposure other companies in the space have had to ...
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Billionaire Jeffrey Gundlach Says He Wouldn't Be Surprised at All if Bitcoin Falls to $10K Doubleline Capital CEO Jeffrey Gundlach, also known as the “bond king,” says he would not be surprised at all if the price of bitcoin falls to $10K. “We’ve already seen around the edges some blowups in parts of t...
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Crypto Payments Possible if They Don't Penetrate Russia's Financial System, Central Bank Says Cryptocurrencies can be used for international payments if they don’t penetrate the Russian financial system, the head of Bank of Russia has stated. The governor also insisted that the digital assets should not be trad...
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5 indicators traders can use to know when a crypto bear market is ending Calling a market bottom is impossible, but traders can use these five indicators to get an early signal of when a bear market is close to ending.
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Report: Bitmex, Deribit Liquidate 3AC's Positions -- Negativity Continues to Plague the Crypto Hedge Fund Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the company was allegedly struggling with financial hardship and possible insolvency. Now the crypto ...
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Bitcoin Better at Tackling Rate Hikes than Ethereum, Stocks - Report Bitcoin (BTC) is the best asset to "moderate the economic impact" of major interest rate announcements, according to a new report from Babel Finance, a crypto-financial services provider. The report, written by Babel Fin...
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Market selling might ease, but traders are on the sidelines until BTC confirms $20K as support BTC and altcoins could continue to see selling, but a positive is that traders took shelter in stablecoins instead of completely exiting the crypto market.
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Sweeping layoffs, hiring, and firing as crypto prices take a massive downturn Brutal economic conditions coupled with dramatically falling crypto prices have led to massive layoffs within the blockchain industry.
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Price analysis 6/17: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, LEO, AVAX Bitcoin price struggles to hold support at $20,000, and the outcome of this battle between bulls and bears will determine the next directional move.
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Digital Wealth Pioneer Yield App Unveils Mobile App for iOS and Android PRESS RELEASE. ESTONIA — 17 JUNE 2022 — Yield App, a global FinTech company and digital wealth platform which has attracted more than 80,000 customers since its launch in February 2021, is now taking on the mobile wo...
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Not Enough Liquidity for Celsius to Sell Staked Ethereum in Open Market - Analyst There is not enough liquidity in centralized and decentralized exchanges combined for the troubled crypto lender Celsius to sell their Lido staked ethereum (stETH) tokens on the open market, leaving over-the-counter (OTC...
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US lawmakers urge EPA to consider the potential benefits of crypto mining "Digital assets, and their related mining activities, are essential to the economic future of the United States," said the group of 14 lawmakers.
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The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9% During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66 days ago on April 11, 2022, tether’s market valuation was over $82 bill...
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Russia seems to be preparing to mine Bitcoin with flare gas One of the world's largest producers of carbon emissions, the Russian gas giant Gazprom aims to reduce its carbon footprint by providing its flare gas for Bitcoin mining.
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Kazakhstan Develops New Program to Team Up Crypto Exchanges with Banks As countries across the world intensify efforts to attract crypto industry players, the authorities of Kazakhstan have launched a pilot program to encourage selected local banks to partner with licensed crypto exchanges....
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Biggest Movers: HNT Nears 1-Week High, as XMR Rebounds on Friday HNT was moving towards a one-week high on Friday, as it rebounded following losses in yesterday’s session. Prices have now risen for two of the last three days, and this comes as XMR climbed for the first time in nearl...
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Panama's 'Lost Crypto Opportunity', Thailand's Huobi Closing, Canada's Bitvo Acquired by FTX + 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 whale support lines up as trader says $14K 'most bearish' BTC price target $20,000 is being keenly watched while big buys from 2020 stand between spot price and the lowest Bitcoin bottom estimates.
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Bill Presented in Brazil Seeks to Include Crypto as Approved Means of Payment A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment in the country. The bill, presented by Federal Deputy Paulo Martins, proposes to amend already exis...
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Next 6-12 Months to be 'Brutal', but Ivestment 'Planting Season' Starts Now, Arthur Hayes Says Although the liquidity situation in financial markets will remain "brutal" for the next 6 to 12 months, the "planting season" for asset allocators is now, before central banks bring their droplets of liquidity, the forme...
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Elusive Bitcoin ETF: Hester Peirce criticizes lack of legal clarity for crypto SEC Commissioner and "Crypto Mom" Hester Peirce criticized the SEC on its regulatory guidance, but noted that change is possible if investors and regulators work together.
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Tether's USDT market cap dips below $70B for an 8-month low Amid Tether losing market share over the past few weeks, the Circle-backed USDC stablecoin has been growing notably, with the market value surging to $55 billion.
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