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Cryptocurrency News

Location American Cryptocurrency News for 7 July 2022
Elon Musk's Boring Company to Accept Dogecoin Payments for Rides on Las Vegas Transit System Loop Elon Musk’s Boring Company will accept the meme cryptocurrency dogecoin as payment for rides on its Las Vegas transit system Loop. Musk confirmed that he is “supporting Doge whenever possible.” Tesla already accept...
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Demand for Hardware Crypto Wallets Increases Amid Currency Restrictions in Russia Hardware wallets designed to securely store cryptocurrency have seen a several-fold increase this spring in Russia, on the backdrop of currency restrictions introduced amid foreign sanctions. Ledger and Tangem have been ...
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Beijing Court Rules in Case Involving a Man Who Refused to Be Paid in USDT Instead of Fiat A Chinese tech worker who refused to be paid in tether (USDT) and insisted on receiving fiat yuan has won his case against his former employers. Per the Workers' Daily, a branch of the People's Court in the Chaoyang Dist...
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Survey shows 55% of crypto investors chose to HODL as Bitcoin and altcoin prices collapsed Retail investors have been wary of buying the current BTC dip, but survey data shows that 55% of those already invested in crypto chose to HODL during the most recent volatility.
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Discussion Platform Reddit Introduces Blockchain-Backed Collectible Avatars to 52 Million Users The social media and discussion website Reddit has announced the launch of blockchain-backed collectible avatars. The collectible avatars are stored via the Polygon blockchain as the chain was chosen for its “low-cost ...
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Bitcoin miners sell their hodlings, and ASIC prices keep dropping -- What's next for the industry? Beset with multiple challenges, Bitcoin miners continue to liquidate their reserves, and a handful are selling more BTC per month than they make, but is there a silver lining?
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How will NFTs bridge traditional gaming with blockchain? Enjin's CTO Witek Radomski explains "There's also a hugely untapped mountain of gold in gameplay possibilities with NFTs," says Radomski.
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Surveyed Central Bank Reserves Managers Say Inflation is Not 'Transitory', Likely to Remain High Only 20% of surveyed central bank reserves managers still say that inflation will be "transitory," as the US Federal Reserve (Fed) and other central banks insisted was the case until recently. Meanwhile, close to half of...
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Another miner cashes in: Argo Blockchain reports selling 637 BTC to pay debts Argo reported it had an outstanding balance of $22 million on a loan from Galaxy Digital, from which it secured BTC-backed loan agreements in 2021.
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Value Locked in Defi Swells by $7 Billion, Tron's TVL Spikes 34.85%, Ethereum Dominates by 62% After tapping a 2022 low of $70 billion on June 19, the total value locked (TVL) in decentralized finance (defi) has increased by more than $7 billion. During the last seven days, the TVL in defi held within the Ethereum...
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P2E gaming is in a rut, but Axie Infinity (AXS) could rebound for 3 key reasons AXS could recapture its former glory if market participants view the launch of land staking, increasing activity on the Ronin bridge and upcoming roadmap targets as bullish catalysts.
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Short Bitcoin ETF Sees Higher Trading Volume Last Week as Longs Liquidated The recently-launched short Bitcoin (BTC) exchange-traded fund (ETF) BITI saw higher trading volumes last week compared to its launch week. The peak in volume so far happened as liquidations of leveraged bitcoin long pos...
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Satoshi Nakamoto Dropped From the World's 20th Richest Billionaire to the 79th in 8 Months In mid-November 2021, Bitcoin’s inventor Satoshi Nakamoto was one of the wealthiest individuals on the planet, with more than $69 billion in bitcoin, and was among the top 20 on the Forbes 2021 Billionaires list. Seven...
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The Moscow Exchange is a good base for crypto trading, Russian lawmaker says MOEX is likely to do a great job in launching a crypto trading division due to its full compliance with the rules of the Bank of Russia, the official said.
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Reddit Launches NFT Avatar Marketplace, New Gaming Investments + 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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Russian State Duma Adopts Law Banning Payments With Digital Financial Assets The lower house of Russian parliament has adopted a law prohibiting the use of digital financial assets in payments. To implement the restriction, exchange operators have been obliged to reject transactions which make it...
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Bitcoin price clings to $20K as Bollinger Bands close in for volatility Sideways action has little time left to run, metrics suggest, as shorters increase bets on a dip below $20,000.
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Playing it louder: Companies bring music licensing to the blockchain From creating a music library for film and television to licensing blockchain-native content, projects are bringing music to the blockchain.
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Crema Finance Hacker Takes USD 1.7M in Bounty, Returns USD 8M The hacker who exploited Crema Finance, a concentrated liquidity protocol built on the Solana (SOL) blockchain, has reached a compromise with the decentralized finance (DeFi) protocol to return the majority of stolen fun...
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Solflare to let users manage Solana CeFi and DeFi accounts in one app with FTX integration Transfer between custodied and non-custodied accounts can now take place within the Solflare wallet
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Pressure on SEC Chair Rises as Even WSJ Accuses Gensler of 'Holding Investors Hostage' with Bitcoin ETF Stance The US Securities and Exchange Commission (SEC) Chairman Gary Gensler is "taking investors hostage" with his insistence to deny spot Bitcoin (BTC) exchange-traded products (ETPs) and exchange-traded funds (ETFs) to launc...
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Bitstamp cancels 'inactivity fee' plans after huge backlash Bitstamp makes a U-turn on the planned €10 'inactivity fee' against users after widespread criticism, cites administrative fees as the reason for the proposed move.
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