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Cryptocurrency News

Location American Cryptocurrency News for 17 August 2022
Former Goldman Sachs banker explains why Wall Street gets Bitcoin wrong According to John Haar, who used to count himself within the ranks of the traditional finance field, a fundamental understanding of "sound money" is preventing Wall Street from embracing Bitcoin.
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Ethereum Foundation Makes It Clear The Merge Will Not Improve Fees and Throughput On Wednesday the Ethereum Foundation clarified that The Merge will not reduce onchain fees as the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoW) is now 29 days away. Amid The Merge update ...
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Bitcoin and Ethereum At Risk of More Downsides

Crypto News - 17 Aug 2022 23:00
Bitcoin and Ethereum At Risk of More Downsides Bitcoin price settled below the USD 24,000 support zone. BTC traded below the USD 23,500 level before it started a consolidation phase. It is currently (11:20 UTC) showing a few bearish signs, but a break above USD 24,00...
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3 strategies investors might use to trade the upcoming Ethereum Merge Investors have been crafting their strategies for navigating the volatility which could arise as the Ethereum Merge takes place. Here's a few to consider.
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Celsius Approved to Sell Mined Bitcoin, Customer That Lost 50,000 USDC Insists Her Regulated Stablecoins Should Be Treated Differently On August 16, the crypto lender Celsius Network has been approved by a bankruptcy court judge to sell bitcoin the company previously mined to continue funding specific operations. The following day, the company’s attor...
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Price analysis 8/17: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, SHIB, AVAX Crypto and stock markets corrected as traders grew nervous ahead of August 17's FOMC minutes, but the real stress point is whether traders will "buy the dip."
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Russia's GDP Decline Less Severe Than Expected, Wall Street Returns to Russian Bonds, Putin Criticizes US 'Hegemony' While the ongoing war in Ukraine continues, the Ministry of Economic Development of the Russian Federation detailed this week that Russia’s economic hardships are less severe than expected. Russia’s economic ministry...
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PIXXSTASY Is Changing the NFT Market

Bitcoin.com - 17 Aug 2022 19:00
PIXXSTASY Is Changing the NFT Market PRESS RELEASE. PIXXSTASY, a charity project for drug prevention and rehabilitation, is redefining the NFT market. The organization will sell 399 limited edition NFTs this year and use the proceeds to support charities in...
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Do Kwon Reportedly Lawyers Up, Colombia May Fight Tax Evasion with Digital Currency, Unstoppable Domains Lunches App + 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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New NFT Utility Platform Launches to Compete for 60M Twitch, YouTube Creators Amid the ongoing surge in the so-called 'creator economy' which allows creators to monetize their work in new ways, non-fungible token (NFT) platform PlayNFT is launching a new marketplace to allow Twitch streamers and Y...
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Biggest Movers: EOS up Nearly 20%, Token Hits 3-Month High Eos rose by as much as 20% on Wednesday, as bulls continued to react to the news of its upcoming Yield+ incentive program. Today’s price surge comes despite the global cryptocurrency market cap falling by almost 2% as ...
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Bitcoin price dives pre-FOMC amid warning $17.6K low was not the bottom The bottom "is not in" for either stocks or crypto, one analyst believes, as alarming data shows copycat moves from 2008 by the S&P 500.
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Fake Manchester United token soars 3,000% after Elon Musk jokes about buying team Other Manchester United-related assets also rallied after Musk's tweet, as well as Manchester City's fan token.
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Indian police launch probe into BitConnect founder wanted by US SEC The Indian police launched an investigation against BitConnect co-founder Satish Kumbhani months after the U.S. SEC said he relocated from India.
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Blockchain Protocol Antelope Takes 'Leap of Freedom' as it Forks Of EOSIO; EOS Jumps The blockchain protocol Antelope has taken what it describes as a "leap of freedom" and forked its protocol off development firm Block.one's EOSIO platform and instead embraced the rival EOS Network Foundation....
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Bitcoin, Ethereum Technical Analysis: BTC Remains Below $24,000 After Falling for Fourth Consecutive Session Bitcoin continued to trade below $24,000 today, as the token fell for a fourth consecutive session. Following last week’s bullish run, upwards momentum in crypto has eased, leading to a return of bearish sentiment. Eth...
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Bitcoin and Ethereum Could Break Lower As Bulls Struggle Bitcoin price struggled to stay above the USD 24,000 level. BTC is currently (11:20 UTC) moving lower and approaching the USD 23,500 support. A clear move below USD 23,500 might spark a sharp decline. Besides, most major...
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Troubled miner returns 26,000 rigs to eliminate debt

Coin Telegraph - 17 Aug 2022 13:54
Troubled miner returns 26,000 rigs to eliminate debt The mining operator entered into a deal with NYDIG to sell rigs to alleviate $64.7 million in outstanding debt.
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Israel Arrests 3 in Crypto Scheme to Launder Millions Stolen From France Police in Israel have detained three suspects who allegedly laundered millions of euros stolen from the French treasury through cryptocurrency transactions. The money came from government grants for businesses affected b...
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Lido Finance Partners With KyberSwap Elastic to Enhance Liquidity on Polygon With Over $120,000 in Liquidity Mining Rewards Singapore -- August 17th – Lido Finance, a giant in the Ethereum staking world, will be enhancing liquidity on Polygon with KyberSwap Elastic. Lido Finance is the largest platform for liquid staking services on Ethereu...
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Pay Your Traffic Fines or We'll Confiscate Your Crypto - S Korean Police Pilot Grants Officers New Powers South Korean police have been given experimental new powers that allow them to seize crypto from people who refuse to pay fines - and have already taken tokens from a citizen who failed to pay a traffic fine....
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NFL Franchise Houston Texans to Accept Cryptocurrencies for Single Game Suites The professional American football team the Houston Texans revealed that it has entered an exclusive partnership with the company Bitwallet. The deal will give Houston Texans fans the ability to purchase single game suit...
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