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Cryptocurrency News

Location American Cryptocurrency News for 5 July 2022
Russians banned from accessing Bitmex within European Union Russian citizens or residents will no longer be able to access BitMEX services from the European Union after July 11, 2022.
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Metaverse Domains Are Trending as Minting Goes Live on Quik․com Quik.com, a portal to the web3-optimized metaverse, is bringing firsthand knowledge of the .metaverse, .vr, .web3, and many other top-level domains to the web3 race. These domains on Quik.com are minted on blockchain tec...
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Brazil Creates Crypto-Dedicated Investigation Unit The public prosecution of the Federal District, located in the center-west region of Brazil, has launched its own cryptocurrency investigation unit. The newly formed unit will focus its activities on aiding other prosecu...
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Core Scientific sold $167M worth of Bitcoin holdings in June The sale left the firm with ​​1,959 BTC at the end of the second quarter, a more than 75% drop when compared with its reported 8,058 BTC holdings as of May 31.
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Bitcoin price swings 7.5% during intraday trading as US recession concerns mount BTC bounces back to reclaim support at $20,400 after hitting a daily low of $19,309 on July 5, as bulls battle bears for control of the market.
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Bitcoin exchange outflows surge as 'not your keys, not your crypto' comes back into fashion June saw the worst monthly performance for Bitcoin since 2011, but several metrics indicate that its underlying support base continues to grow stronger.
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Study Shows Singapore Leads in NFT Searches Worldwide, Researchers Say 'Poland Is the Most Anti-NFT Country' During the past seven days, non-fungible token (NFT) sales have dropped 23.37% and 30-day statistics show NFT sales are down 63.10% from the month prior. While NFT interest has been waning, a recent study indicates that ...
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One Exchanges Stands Out as Indian Crypto Trading Drops Following New Tax Crypto trading volumes on major Indian exchanges saw a notable decline on July 1 compared to the day before, after a new 1% tax on all crypto transactions was implemented in the country. However, one exchange still stood...
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Alexander Vinnik Serves Prison Term in France but No Freedom in Sight Having served his five-year prison sentence in France, Russian IT and crypto specialist Alexander Vinnik is now facing a return to Greece and possible extradition to the United States. A French cassation court has recent...
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Spanish Crypto Holders to Be 'Burdened' with Fresh Crypto Declaration Rules Crypto industry insiders have hit back at the Spanish government's latest plans for the sector: A fresh effort to make citizens who hold coins on overseas platforms declare their holdings....
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Euro Drops to 20-Year Low Against the US Dollar, Tapping $1.028 per Unit -- Analyst Says Parity Is Imminent The euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to the fear that the global economy is in a recession and analysts believe th...
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Legends of Bezogia Reveals Sustainable Play2Earn Mechanics By Publishing Breakthrough Whitepaper ZOGI Labs Ltd. reveals shocking whitepaper detailing next-level blockchain gaming mechanics never seen before in the industry. Eliminating core industry issues like token inflation, the team has formulated proprietary fo...
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NFT Stamps and Use Cases, Crypto Taxation in UK, Frozen USD 85M + 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 faces fresh pressure as US dollar crushes gold, risk assets BTC/USD falls $1,000 while spot gold gives up 2% as USD strength intensifies, beating the year's previous peaks.
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Indian Crypto Trading Volumes Plummet After New TDS Tax Rule Takes Effect Cryptocurrency trading volumes across exchanges in India have plunged after the country’s 1% tax deducted at source (TDS) went into effect at the beginning of the month. Some major crypto exchanges saw volumes dropping...
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Troubled Crypto Fund Three Arrows Capital Has USD 7.5M Worth of Blue-Chip NFTs - Report Embattled crypto investment firm Three Arrows Capital (3AC), which has recently filed for bankruptcy, ostensibly holds more than USD 7.5m worth of blue-chip NFTs. According to data compiled by crypto research firm 21shar...
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Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,100 as BTC Briefly Hits $20K on Tuesday BTC briefly rose back above $20,000 on Tuesday, as U.S. markets reopened following yesterday’s Independence Day holiday. Prices of ETH also surged, climbing over its $1,100 resistance level. Overall, the crypto market ...
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Troubled Vauld May Be Acquired and Come Under 'Nexo Umbrella' Singapore-based crypto lender Vauld may get acquired by major crypto lender Nexo (NEXO). The news was announced by Vauld CEO Darshan Bathija today, stating that the exchange has signed "an indicative term sheet" with Nex...
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Bitcoin, Ethereum, and Altcoins Correct Gains

Crypto News - 5 Jul 2022 14:05
Bitcoin, Ethereum, and Altcoins Correct Gains Bitcoin price struggled to clear the USD 20,500 resistance zone and moved below USD 20,000 again. It is currently (11:50 UTC) trading near USD 19,700 and is almost unchanged in a day and down 5% in a week. Similarly, mos...
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Tron's USDD Regains Stability After Tapping an All-Time Low at $0.92 Between June 13 and June 27, or roughly two weeks, Tron’s stablecoin USDD dropped lower than the $1 parity and slipped to a low of $0.928 per unit on June 19. During the past seven days, USDD has managed to jump back t...
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Crypto.com CEO Rushes to Calm the Market as Rumors Flourish The CEO of the crypto trading and payments platform Crypto.com (CRO), Kris Marszalek, took to Twitter today to calm down his platform's users....
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Bollywood A-lister-backed GARI token plunge sparks rug pull rumors GARI token was launched by Salman Khan, an A-list celebrity from Bollywood, with an aim to help Indian creators monetize their content over a short video application Chingari.
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