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Cryptocurrency News

Location American Cryptocurrency News for 7 August 2022
How Bitcoin whales make a splash in markets and move prices Are the Whales selling in this bear market? A deep dive into the on-chain data of whales.
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China and Taiwan's Potential Economic Impact, Bear Market Warnings, and FC Barcelona Metaverse News -- Bitcoin.com News Week in Review From ominous speculation about the potential economic fallout of military conflict between Taiwan and China, to markets being flooded with designer watches in the wake of a crypto downturn, to warnings of worse bear mark...
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Elon Musk: US 'past peak inflation' after Tesla sells 90% of Bitcoin The firm may be caught short in the event that markets have already bottomed and crypto starts to deliver serious returns again.
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Elon Musk Accuses Twitter of Fraud in Countersuit Over $44B Deal -- Twitter Subpoenas Binance and Other Firms Tesla CEO Elon Musk has accused Twitter of fraud in his countersuit against the social media company. Twitter filed a lawsuit against the billionaire to force him to go through with the $44 billion deal to buy the platfo...
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How Central Banks and CBDCs Could End Democracy

Crypto News - 7 Aug 2022 12:00
How Central Banks and CBDCs Could End Democracy Ori Freiman, Postdoctoral Fellow, Centre for Ethics, the University of Toronto._____ In recent years, we have witnessed a growing interest in the idea of central bank digital currencies. Similar to cash, central bank dig...
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Nayib Bukele Attributes Tourism Recovery in El Salvador to Bitcoin, Surf, and Crime Reduction Nayib Bukele, the president of El Salvador, declared that the speedy recovery of tourism in the country had to do with three elements, including surfing, bitcoin, and overall crime reduction. El Salvador was one of the 1...
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Tiffany & Co. NFT Sale Sells out, Luxury Jewelry Retailer Rakes in $12.5M in Ethereum On August 5, 2022, the American luxury jewelry retailer Tiffany & Co. announced that the company’s non-fungible token (NFT) mint called “Nftiff” sold out. Tiffany’s sold 250 Nftiffs for 30 ethereum per Nftiff rak...
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Top 5 cryptocurrencies to watch this week: BTC, FLOW, THETA, QNT, MKR Select altcoins such as FLOW, THETA, QNT, and MKR could rally if Bitcoin breaks above the stiff overhead resistance at $24,668.
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Nepal Prepares to Issue Digital Currency, Drafts Necessary Amendments A task force in Nepal has proposed legal changes allowing the country’s central bank to issue its own digital currency. The move comes after a study indicated that such an initiative is feasible and recommended certain...
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Binance CEO Meets Central African Republic Leader -- President Touadéra Says Meeting Was a 'Truly Remarkable Moment' After meeting the leaders of Ivory Coast and Senegal in July, the CEO of the cryptocurrency Binance, Changpeng Zhao, revealed in a tweet that he had recently met the President of the Central African Republic (CAR). Some ...
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How to Spot the Next Celsius Before It's Too Late

Crypto News - 7 Aug 2022 13:00
How to Spot the Next Celsius Before It's Too Late It's every crypto investor's worst nightmare, depositing money with a platform that later goes bust, making it all but impossible to recover funds. It's also bad enough investing in the native token of any such platform,...
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Police in Kazakhstan Arrest Gang Forcing IT Specialists to Run Crypto Farms Law enforcement in Kazakhstan detained members of a crime group suspected of forcing IT experts into operating underground facilities for cryptocurrency mining with threats and blackmail. The racketeers allegedly made up...
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L2 Scaling Solution Arbitrum Schedules Nitro Rollup Stack Upgrade for August 31 On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade called Nitro in 25 days. The highly anticipated Nitro migration will take place on Augu...
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Binance CEO Warns 'We Could Disable Wazirx Wallets' -- Advises Investors to Transfer Funds to Binance Binance CEO Changpeng Zhao (CZ) has warned that his company could “disable Wazirx wallets on a tech level,” advising anyone with funds on the Indian crypto exchange to transfer them to Binance. The warning followed n...
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