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Cryptocurrency News

Location American Cryptocurrency News for 8 August 2022
Tesla CEO Elon Musk Says Inflation Has Peaked -- But We'll Have a Recession for 18 Months Tesla CEO Elon Musk believes inflation has peaked and the U.S. economy will be in a recession for about 18 months. “We do get a fair bit of insight into where prices of things are going over time,” the billionaire ex...
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Lebanon Ponzi Finance: World Bank Says Politicians Are to Blame for the 'Deliberate Depression' Deliberately insufficient policy responses by successive Lebanese governments combined with the self-serving agreements by politicians are largely to blame for the country’s economic crisis, a report by the World Bank ...
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Dave Portnoy's SafeMoon position is down 94%, claims he's being sued by project The Barstool Sports founder panic-sold Bitcoin in 2020 and has expressed fleeting interest in digital assets ever since.
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Price analysis 8/8: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, AVAX Bitcoin price aims to break from its current range and flip $24,000 to support, while altcoins are following the upside move by attempting to confirm their bottoming patterns.
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Crypto Listing and Delisting Announcements: Week 32 Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new ...
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US Government Bans Ethereum Mixer Tornado Cash, Platform Added to OFAC's SDN List On Monday, the U.S. Treasury Department’s watchdog the Office of Foreign Asset Control (OFAC) banned the ethereum mixing application Tornado Cash. OFAC has cited that the mixer has helped North Korean hackers such as t...
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Native Payment Infrastructure, Airswift, Raises $2M in Pre-Seed Funding Led by CE Innovation Capital PRESS RELEASE. Vancouver, August 8, 2022 – Airswift, a fintech startup pioneering Web 3.0 native payment solutions, announced that it raised $2 million USD in a pre-seed funding round led by CE Innovation Capital (CEiC...
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Bitcoin likely to transition to a risk-off asset in H2 2022, says Bloomberg analyst As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg.
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Crypto Lender Hodlnaut Pauses Withdrawals -- Company Cites Market Conditions, Despite Recent Crypto Rally On August 8, the crypto exchange and lending platform Hodlnaut announced that the company has paused withdrawals, token swaps, and deposits. Hodlnaut joins a slew of crypto firms that have frozen withdrawals during the l...
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Biggest Movers: FLOW Moves to Highest Point Since May, DOT Fast Approaching $10 Level Flow was in the green to start the week, as the token climbed to its highest point since May. The surge has seen prices rise by as much as 15% on Monday, as recent gains were extended. Polkadot was also higher, as it too...
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'Most Significant Legal Action' Against Crypto in US, Hodlnaut Halts Withdrawals, Zipmex Releases Ethereum & Bitcoin + 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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Bitcoin price targets 8-week highs as Ethereum reaches $1.8K Optimism and expectations increase around crypto markets, but U.S. inflation data looms large this week.
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Metaverse housing bubble bursting? Virtual land prices crash 85% amid waning interest The virtual real estate market is crashing despite a McKinsey report predicting a $5 trillion market by 2030.
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Hong Kong Police Publish Details of USDT Fraud Case in Effort to Raise Public Awareness of Crypto Scams Police in Hong Kong have begun publishing details of crypto fraud cases - in the hope that the public will take valuable lessons from cases that have seen people lose thousands of dollars to crypto villains....
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Bitcoin, Ethereum Technical Analysis: ETH Hits 2-Month High Above $1,800 Ethereum surged to a two-month high on Monday, as crypto prices have mostly moved higher following Friday’s nonfarm payrolls report. Bitcoin rose to a one-week high, as the token climbed above $24,000 to start the week...
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Metaverse NFT Domains Are Trending: Minting Goes Live on Quik․com Everyone is now familiar with the term “NFTs,” which provide users with decentralized asset ownership and legitimate property through blockchain technology. Similarly, NFT domains are currently trending with a simila...
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Crypto lending platform Hodlnaut suspends services due to liquidity crisis Hodlnaut avoided 3AC exposure and earlier denied ever buying UST, but several reports and on-chain data have shown that the lending firm at one point owned over $150M worth of UST.
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Bitcoin Tests USD 24K, Ethereum Eyes USD 1.8K, Altcoins Rally Bitcoin price was able to clear the USD 23,500 resistance zone and is currently (11:54 UTC) trading near USD 24,060. BTC is up almost 5% in a day and 3% in a week. Similarly, most major altcoins are also rising and gaini...
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FTX, Bybit rise in web traffic despite overall traffic drop on CEXs Web traffic on FTX surged 123% YoY, while major exchanges such as Coinbase and Binance were down 46% and 40% traffic-wise, respectively.
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Ethereum Merge may lessen usage for other chains, says Nansen CEO: KBW 2022 Nansen CEO Alex Svanevik said that while many chains will become ghost towns after the Merge, some will be able to find their own niches.
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Buyers Hold to Their CryptoPunk-Themed NFTs by Tiffany after Swift Sale NFTiffs, a collection of 250 CryptoPunks-themed NFTs by American luxury jewelry retailer Tiffany, has seen a plunge in its sales volume as the buyers haven't rushed to the secondary market yet. According to NFT data aggr...
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Nigeria becomes the most crypto-obsessed nation after April crash: Report The Google trends data for the popular search terms in 15 countries showed that "Ethereum" searches outscored "Bitcoin" in 14 of them.
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