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Cryptocurrency News

Location American Cryptocurrency News for 10 July 2022
Fed's Brainard Calls for Sound Regulation of Crypto Financial System to Be Established 'Now' Federal Reserve Vice Chair Lael Brainard has stressed the importance of establishing sound regulation for the crypto financial system “now before the crypto ecosystem becomes so large or interconnected that it might po...
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Fidelity Analyst: Bitcoin Is Cheap -- Ethereum Could Be Near Bottom Fidelity’s director of Global Macro has shared his bitcoin and ether price outlook. His analysis shows that bitcoin is cheap but ether could be even cheaper. “Ethereum could be close to a bottom,” he added. Fidelit...
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US Treasury Delivers Crypto Framework to Biden as Directed in Executive Order The U.S. Treasury Department has delivered a framework for crypto assets to President Joe Biden, fulfilling its obligation as directed in the executive order on crypto that the president issued in March. U.S. Treasury Se...
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Ethereum's failure to close above $1.3K prompts analysts to predict more downside ETH price saw a brief breakout following the successful merge on the Sepolia testnet, but analysts say the altcoin's failure to flip $1,300 to support hints at further downside.
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A brief history of Bitcoin crashes and bear markets: 2009-2022 Bitcoin has historically seen its price down from previous highs for more than three years, and the latest peak took place just seven months ago.
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Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML) rules have been s...
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Top 5 cryptocurrencies to watch this week: BTC, UNI, ICP, AAVE, QNT Bitcoin is trending toward a retest of its lower support and if this happens, UNI, ICP, AAVE and QNT could breakout to the upside.
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Despite the Price Drop, Number of Bitcoin Held on Exchanges Continues to Slide Roughly 49 days ago, the number of bitcoin held on exchange was around 2.503 million, according to statistics recorded by cryptoquant.com. Since then, $4.76 billion worth of bitcoin has been removed from centralized cryp...
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Top 100 Apecoin Holders Control Over 51% of the Supply, APE Lost 81% in 2 Months Back in mid-March 2022, Bored Ape Yacht Club’s (BAYC) Apecoin DAO launched and airdropped millions of apecoin tokens to specific NFT holders. The crypto asset dedicated to the BAYC ecosystem tapped an all-time high two...
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70 to 90% Down -- Crypto Economy's Decline Shakes Out $2 Trillion in 8 Months During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar. Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digi...
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Hacker Selling 1 Billion Chinese Citizens' Data for 10 BTC, Zuckerberg's Meta Ends Novi Project, and More -- Bitcoin.com News Week in Review In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a hacker claims to have stolen a massive amount of Chinese citizens’ personal data from Shanghai police, and now wants to sell it for ten...
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LYO Credit (LYO) Is Now Available for Trading on LBank Exchange PRESS RELEASE. INTERNET CITY, DUBAI, Jul. 10, 2022 – LBank Exchange, a global digital asset trading platform, has listed LYO Credit (LYO) on July 7, 2022. For all users of LBank Exchange, the LYO/USDT trading pair is n...
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The Coming Recession is Going to Hit Crypto, but Not as Hard as You Think If a recession isn't here already, many economists estimate that it is coming very soon. The largest in the world, the US economy contracted by 1.6% in the first quarter of the year, and even if it somehow doesn't contra...
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BTC bull Michael Saylor: Ethereum is 'obviously' a security The MicroStrategy CEO argued that ETH is a security as it was issued via an ICO and its network has had many fundamental changes over the years.
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Kenya Has Highest Proportion of Crypto Owning Citizens in Africa UNCTAD Data Shows The latest data from the United Nations Conference on Trade and Development (UNCTAD) suggest that Kenya has the highest proportion of crypto-owning inhabitants than any other African country. To counter the growing use o...
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Bitcoin's 'Fundamental Value Is Not in Line With Market Price' -- Crypto Miner Profitable bitcoin mining is essentially a result of an efficient and highly skilled team of professionals that can maintain runtime, a founder of a Bitcoin mining company has asserted. Therefore, even when the price is ...
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US dominates crypto ATMs installations and BTC hash rate worldwide With China out of the competition, the US picked up the slack to become the highest BTC hash rate contributor -- representing 37.84% of the total mining power by Jan 2022.
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Crypto Payments Are Acceptable in Foreign Trade, Russia's Financial Watchdog Says Russian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to growing support for ...
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Crypto, like railways, Part 2: Blockchain as the new internet planner Just like railways transformed everyday lives in towns in the early days, blockchain technology continues to shape the format of the internet and its users.
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