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Cryptocurrency News

Location American Cryptocurrency News for 13 July 2022
Bitcoin tanks on highest CPI data since 1981 as BTC price dips under $19K U.S. inflation comes in a full 0.3% higher than expected, causing a dollar strength spike and the euro to fall below parity with USD.
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Here's the 'Final Guidance' on 'Stablecoin Arrangements' by BIS and IOSCO The Bank for International Settlements (BIS) wants to create a set of standards for the stablecoin industry that will cover payments, clearings, and settlements. In a report released today and shared with Cryptonews.com,...
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Euro Reaches Parity Against the US Dollar, While the USD Index Taps a 20-Year High Eight days ago, the euro tapped a record low against the U.S. dollar as it hit $1.028 per unit against the USD last Tuesday. This week, the official currency for 19 of the European Union’s member states reached parity ...
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How Bitcoin's strong correlation to stocks could trigger a drop to $8,000 The absence of a CME Bitcoin futures premium, unrelenting record-high inflation and investor concerns over the economy are all factors weighing on BTC price.
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Price analysis 7/13: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, LEO Bitcoin price saw a brief pull-back following today's high inflation print, but the rebound seen in BTC and altcoins suggests that buyers are buying the dip.
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US Inflation Remains Scorching Hot, Jumping to 9.1% in June -- White House Says CPI Data Is Already 'Out-of-Date' According to the latest Bureau of Labor Statistics Consumer Price Index (CPI) report, U.S. inflation remains scorching hot as it has risen at the fastest yearly rate since 1981. June’s CPI data reflected a 9.1% year-ov...
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3 reasons why Bitcoin is struggling to flip $20K to support BTC continues to sell-off, but analysts say investor sentiment could reverse when inflation peaks or traders feel that the situation with insolvent DeFi platforms is resolved.
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UK Court Allows Civil Case Claimant to File NFT Legal Documents Non-fungible tokens (NFTs) have found a way into the British legal system - just weeks after a similar development in the United States. Per the legal firm Giambrone & Partners, the High Court of England and Wales grante...
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NFT Sales Jump 10% Higher Than Last Week, Cryptopunk #4,464 Sells for $2.6 Million While digital currency markets have dropped in value during the last two months, weekly non-fungible token (NFT) sales have slid lower as well. Seven-day statistics show that NFT sales managed to rise more than 10% highe...
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Biggest Movers: QNT Close to 2-Month High Despite Recent Declines, NEAR Moves Toward 1-Year Low QNT was trading close to recent highs on Wednesday, as prices were battling through a turbulent session. The token was mainly in the green on hump day, falling by as much 7% on the day. NEAR also declined, with prices he...
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Twitter vs. Elon Musk, Digital Euro's Phase 2, New 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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US Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital's Assets A federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put the world on notice that it is the liquidators that are control...
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Bitcoin, Ethereum Technical Analysis: ETH Remains Below $1,100 Despite Prices Rebounding on Wednesday Despite prices rallying in today’s session, bitcoin continued to trade below $20,000 on Wednesday following recent declines. Although ETH was also marginally higher, its price was once again trading under $1,100. Overa...
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Survey reveals high penetration and adoption of crypto in Saudi Arabia Saudi Arabia is a significant market for digital currencies with the country's favorable regulatory climate, large consumer base and increasing interest in cryptocurrencies, a new KuCoin survey says.
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Brazil beams Bitcoin from space: A case for BTC satellite nodes Bitcoin's blast off to becoming "space money" takes one giant leap with a satellite full node in Brazil.
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US Inflation Jumps More than Expected in June; Bitcoin & Ethereum Slide Annual inflation in the US hit 9.1% in June, or more than what analysts had expected, and up from 8.6% in May. It reached the highest level in over 40 years. In a month, prices jumped 1.3%, also more than expected. The s...
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Dogecoin misses bullish target after Elon Musk snubs Twitter -- what's next for DOGE price? The Tesla and SpaceX CEO had flirted with the idea of adding DOGE payments to Twitter.
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Bitcoin and Ethereum Consolidate Near Breakdown Support, AAVE Accelerates Bitcoin price remained below the USD 20,000 pivot level and even spiked below the USD 19,500 support zone, but the downsides were limited. It is currently (11:45 UTC) consolidating near USD 19,800 and is unchanged in a d...
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Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would...
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Bitcoin Could Fall to USD 13.6K This Year, Panel Says After Adjusting Predictions Once Again Another survey shows a seemingly dominant sentiment that bitcoin (BTC) still has more room to fall and test new lows in the near term before skyrocketing again. In either case, the latest prediction marks the third time ...
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Solving the Complexities of Crypto Tax & Accounting With the Experts at Ledgible As crypto matures and continues along its path of inevitable adoption, so too does the importance placed on adequately accounting for crypto as an asset class and a source of income. Cryptocurrencies at their core were n...
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Bitcoin not a currency? South Africa to regulate crypto as financial asset South Africa's Reserve Bank will regulate cryptocurrencies as financial assets, and new laws are expected over the next 12 months.
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