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Cryptocurrency News

Location American Cryptocurrency News for 2 August 2022
Bitcoin network activity decline suggests longer bear market: Glassnode Although Bitcoin prices made a strong 15% recovery over the past week, metrics suggest more network demand would be needed to sustain further price increases.
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SEC Charges 11 People in $300 Million Forsage Crypto Pyramid and Ponzi Scheme The U.S. Securities and Exchange Commission (SEC) has charged four founders and seven promoters of Forsage, which it described as “a fraudulent crypto pyramid and Ponzi scheme.” The scheme allegedly raised more than ...
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Bitcoin, Ethereum Technical Analysis: ETH Drops Below $1,500 as Prices Extend Recent Declines Ethereum was once again trading in the red, as prices of the token fell below $1,600 during today’s session. Tuesday’s drop is the fifth consecutive day that prices of the cryptocurrency have moved lower. Bitcoin als...
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South Korean Prosecutors Wrap up Terra Raids on Exchanges, Tech & VC Firms A more than week-long prosecution raid of South Korean crypto exchanges and companies linked to Terraform Labs has finally come to an end, with officers admitting that finding the information they were after was challeng...
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Bitpay Adds APE and EUROC Support -- Luxury Retail Giant Gucci Accepts Apecoin Payments On August 2, the Atlanta-based crypto payment services provider Bitpay announced that it has expanded its crypto asset support with two different crypto assets. Bitpay revealed the company has integrated apecoin and euro...
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Brazilian Cop Charged with Duping 23 Fellow Officers in 'Crypto Pyramid Scam' A military police officer in the Brazilian state of Goiás is being tried for allegedly scamming fellow officers with a cryptoasset-themed scheme. The media outlet Globo reported that the officer, named as Francisco de A...
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Cross-Chain Bridge Nomad Loses $190 Million Making It 2022's Third-Largest Crypto Heist On Monday, the cross-chain token bridge Nomad was attacked and hackers managed to siphon $190 million from the protocol, draining a great majority of the funds. The Nomad cross-chain bridge attack was the third-biggest c...
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Bitcoin derivatives show a lack of confidence from bulls High correlation to stock markets and recession risks limit optimism on the part of BTC investors.
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Man Pledges Some 18M of His Lost Bitcoin to Fund Newport Crypto Hub & USD 51 to Every Newportonian James Howells, a computer engineer who claims he mistakenly threw away a hard drive that contained some 7,500-8,000 bitcoin (BTC) during house cleaning in 2013, has pledged to use 10% of this lost stash if/when recovered...
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Zipmex gradually resuming Z Wallet withdrawals, says debt moratorium is not bankruptcy The Asian cryptocurrency exchange was impacted by the Celsius and Babel Finance defaults but is working with investors to resolve the situation.
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Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this week. Today, the value locked across the defi...
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Biggest Movers: DOT Drops Below $8.45 Resistance Level, as CRO Rises to Multi-Week High Polkadot dropped for a second straight session on Tuesday, as the token failed to break out of a key resistance level. This move saw the cryptocurrency fall by nearly 10%, as the global market cap was mainly in the red. ...
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Robinhood Fined Again, ZB Suspends Withdrawals, Resetting Vires.Finance, ApeCoin Enters Gucci + 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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Rock on, Gibraltar: Pro-crypto regulation pulls Binance and big players Crypto experts on The Rock of Gibraltar shed light on the crypto-friendly jurisdiction; it could explain why Binance is now recruiting on the British Overseas Territory.
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Reports Say Beijing Attacking Taiwan Could Lead to 'Far-Reaching Economic Consequences' While the global economy remains gloomy and the war in Ukraine continues, there’s been significant tension between China and Taiwan. The American representative from California, Nancy Pelosi, plans to visit Taiwan this...
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Waves community back DeFi revival plan for Vires.Finance A Waves proposal that aims to solve the liquidity problem of Vires.Finance has passed after gaining the support of its community.
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Majority of NFT Collections Reinvest Ethereum Back Into System - Nansen In the first half of 2022, market participants spent ETH 963,227, worth about USD 2.7bn, on non-fungible token (NFT) minting on the Ethereum blockchain, with 50.7% of the raised crypto staying with NFT projects, and the ...
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Blockchain.com wins registration next to parent firm on the Cayman Islands Blockchain.com is working to seek registrations in countries like Italy, France, Spain, The Netherlands and cities like Dubai.
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What Kazakhstan's new tax regime means for the crypto mining industry New amendments recently signed by the country's president could bolster the energy grid refit while keeping overall prices relatively moderate.
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AMP Dives as Binance.US Unveils Its Delisting Following the SEC Claim that It is a Security AMP, the native token of the Amp blockchain, has extended losses following news that Binance.US, the US arm of major crypto exchange Binance, would delist the coin due to the Securities and Exchange Commission (SEC)'s cl...
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Bitcoin traders pinpoint key levels to watch as BTC price tests key trendlines The 200-week moving average is just one of a series of lines in the sand for Bitcoiners to keep their eye on this week.
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Bitcoin and Ethereum Consolidate, CEL Accelerates

Crypto News - 2 Aug 2022 14:16
Bitcoin and Ethereum Consolidate, CEL Accelerates Bitcoin price is still fluctuating below the USD 23,000 level. It is currently (12:00 PM UTC) trading near USD 22,950 and is down almost 2% in a day and up 8% in a week. Similarly, most major altcoins are trading in a ra...
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