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Cryptocurrency News

Location American Cryptocurrency News for 23 June 2022
BIS Says Crypto Weaknesses Have Materialized Following Market Sell-Off The Bank of International Settlements (BIS), the global body for central banks, claims the weaknesses in crypto that were pointed out before “have pretty much materialized.” BIS General Manager Agustin Carstens opine...
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Swan Bitcoin CEO against crypto lenders: Users are way under-compensated for the risk The CEO of Swan Bitcoin, Cory Klippsten, criticizes Celsius Network and other centralized crypto lending platforms, warning of possible market contagion.
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Bitcoin and Ethereum Inch Higher, MATIC Extends Its Rally, BNB Accelerates Bitcoin price is holding the key USD 20,000 support zone and moving towards USD 21,000 again. BTC is currently (11:43 UTC) trading near USD 20,700 and is unchanged in a day and down 8% in a week. A clear move above USD 2...
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Do Kwon Interview Explains He's 'Devastated' by LUNA Collapse, Says 'There's a Difference Between Failing and Fraud' During a recent interview with the Wall Street Journal (WSJ), Terraform Labs (TFL) founder Do Kwon said he was “devastated” by the LUNA and UST implosion that took place in mid-May. He told the WSJ that he was probab...
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Buy Bitcoin or start mining? HashWorks CEO points to 'attractive investment yield' in BTC mining Bear markets are for building, which is exactly why HashWorks CEO Todd Esse says BTC's current pricing presents an opportunity for retail investors and industrial mining companies.
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Spanish Government Wants Crypto Holders to Report their Transactions & Holdings from 2023 Spanish authorities will force crypto owners to declare their crypto-related operations and coin holdings. The nation's finance chief also stated that crypto exchanges will be forced to report on their customers' activit...
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E-Commerce Giant Ebay Acquires NFT Marketplace Knownorigin The e-commerce and online auction giant Ebay has announced the company has acquired the non-fungible token (NFT) marketplace Knownorigin. Ebay declared that the acquisition is an “important step in Ebay’s tech-led re...
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Voyager Digital cuts withdrawal amount as 3AC contagion ripples through DeFi and CeFi Traders brace for more bad news after headlines revealed that Voyager Digital had lent $655 million to Three Arrows Capital. Is another crypto market sell-off on the way?
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Three Arrows Capital Allegedly Owes Voyager Digital $655M -- Crypto Firm Is 'Unable to Assess' if It Can Recover the Funds According to reports, the TSX-listed Voyager Digital is another company that has been negatively affected by financial issues tied to the crypto hedge fund Three Arrows Capital (3AC). In a letter to investors, Voyager’...
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Cryptostone Announces CPS Token Launch Date for Its Revolutionary Financial Ecosystem PRESS RELEASE. Cryptostone, a genuinely anonymous, No-KYC blockchain financial ecosystem, has announced the token sale date for the CPS token. After a successful pre-sales round, which has raised over two million USD fro...
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These Are the Types Crypto Projects that Could be Bailed Out According to Binance CEO Bailouts are not inherently wrong and can be done for crypto projects as long as they happen only for projects that "are fixable" and "have potential," according to Binance CEO Changpeng Zhao (CZ)....
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Central Bankers' Attack on Crypto is 'a Legacy Vision', Failure to Recognize 'Revolutionary Benefits' of DeFi - Analysts As the Bank for International Settlements' (BIS), also known as "the central bank of central banks," tried to monopolize trust in money with its new report this week, analysts stress that it simply represents "a legacy v...
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Biggest Movers: MATIC Climbs 25%, Re-Enters Crypto Top 20 MATIC moved back into the cryptocurrency top 20 on Thursday, as prices rose by over 25% in today’s session. The token replaced FTT, which entered the list following declines in MATIC on Wednesday. ATOM also rose today,...
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Short Bitcoin ETF Sees Slow Start in Market Despite Bearish Outlook for Bitcoin The newly launched short bitcoin (BTC) exchange-traded fund (ETF) from ProShares with the ticker BITI saw a slow start in the market on its first day of trading, before interest picked up noticeably on the second day.......
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Spanish Treasury Introduces New Crypto Tax Model Featuring Balance Reports The Spanish treasury has introduced a new series of requirements regarding the reporting and taxation of cryptocurrency holdings in the country. The new rules include the obligation of taxpayers to disclose all of their ...
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Bitcoin, Ethereum Technical Analysis: Bullish Sentiment Returns to BTC Following Yesterday's Sell-off Following yesterday’s drop in price, bitcoin stabilized during Thursday’s session, as prices hovered marginally below $21,000. Bulls are attempting to take BTC back towards this resistance level, which was broken as ...
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Bitcoin hodler data hints BTC price 'really close' to bottom -- analysts Short-term hodlers may be done with the bulk of their panic selling, while the Mayer Multiple shows buying the dip has rarely been more profitable.
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Bitcoin Lifeboat, Long Recovery Road, & Exaggerated BTC Deaths: Saylor, CZ, and Professor Weigh In Bitcoin (BTC) is "a lifeboat," says Michael Saylor, while Binance's Changpeng Zhao (CZ) warns that BTC could still stay below its all-time high for two years, and an adjunct professor of law calls the reports about Bitco...
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University of Cincinnati turning crypto craze into educational curriculum The programs, which are funded by a longtime supporter of the university, will teach students about Bitcoin and other digital assets.
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Meta, Microsoft, and Others Launch Metaverse Standards Group Meta, Microsoft, and 31 more companies have united to form an organization to promote the creation of open standards regarding metaverse tech. The institution, named the Metaverse Standards Forum, will focus on establish...
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Polygon price jumps 60% in four days amid 'pretty big' MATIC accumulation MATIC price now eyes a 20% price rally as it undergoes an inverse head and shoulders breakout.
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Popular Meme Coin Dogecoin Used in 'Most Serious' Crimes Dogecoin (DOGE), the world's largest meme coin in terms of market capitalization, is being used by illicit actors in the "most serious types of crime," according to a recent report from blockchain analytics firm Elliptic...
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