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Cryptocurrency News

Location American Cryptocurrency News for 23 August 2022
Warren Buffett pivots to U.S. Treasuries -- a bad omen for Bitcoin's price? Berkshire Hathaway now allocates 60% of its cash portfolio to T-bills, leaving individual investors with the potential to mirror a similar strategy.
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Here's why holding $20.8K will be critical in this week's $1B Bitcoin options expiry BTC bulls were liquidated in last week's drop to $20,800, meaning even more downside could occur if this level fails ahead of this week's $1 billion options expiry.
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A bullish Bitcoin trend reversal is a far-fetched idea, but this metric is screaming 'buy' Non crypto-related factors continue to weigh on BTC price, but a key on-chain metric that called previous market bottoms suggests Bitcoin is severely undervalued.
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54% of Indian Crypto Investors Surveyed in Q2 Aimed to Invest More in 6 Months - KuCoin Despite the latest market downturn, more than 50% of India's survey respondents intend to expand their investments in crypto in the coming six months - indicating an optimistic approach to the market, according to a repo...
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What Is The Merge? A Brief Explanation of Ethereum's Transition From Proof-of-Work to Proof-of-Stake In 23 days the Ethereum network will transition to a proof-of-stake (PoS) consensus algorithm after operating as a proof-of-work (PoW) blockchain since July 30, 2015. While the change may not mean much to ethereum users ...
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MEW Launches NFT Manager, Hodlnaut Denies Police Investigation, Influencer Hodlonaut Receives BTC 52 in Donations Ahead of 'Faketoshi' Battle + 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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Terra's 2 Classic Coins Mysteriously Spike in Value, USTC Climbs 42% Higher in 24 Hours During the last 24 hours, crypto asset prices have improved as the global cryptocurrency market capitalization today has risen 1.9% to $1.07 trillion. Interestingly, the two so-called ‘defeated’ Terra blockchain toke...
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Biggest Movers: ATOM up 12% on Tuesday, as NEAR Snaps Losing Streak Cosmos was a notable gainer on Tuesday, as prices of the token rose by as much as 12% in the day. Today’s surge sees the cryptocurrency climb for a third straight day, hitting a five-day high in the process. Near proto...
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What crashed the crypto relief rally? | Find out now on The Market Report On this week's episode of "The Market Report," Cointelegraph's resident experts discuss what factors lead to the collapse of the bear market rally.
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Bitcoin price eyes $22K as US PMI data hits lowest since May 2020 BTC price bounces and the U.S. dollar falls from fresh twenty-year highs as PMI numbers reignite talk of recession.
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Australia to Stocktake Crypto Holdings Ahead of Regulation Australia intends to do a virtual stocktake of cryptocurrency assets held by its citizens, the new executive power in Canberra announced this week. The move is viewed as an indication that the center-left government plan...
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Marginally Higher Following Monday's Declines Crypto markets were back in the green on Tuesday, as bearish pressure marginally eased during today’s session. Ethereum rallied back above $1,600 earlier in the day, less than 24 hours after nearing a breakout below $1...
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Crypto Market Regains Ground Ahead of Key US Jackson Hole Meeting The crypto market on Tuesday saw cautious optimism ahead of an annual key meeting of global central bankers known as the Jackson Hole Symposium, with prices of both bitcoin (BTC) and ethereum (ETH) climbing higher for th...
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Bitcoin and Ethereum Struggle To Clear Hurdles, ATOM Surges Bitcoin price started an upside correction above the USD 21,200 resistance zone. BTC is currently (11:20 UTC) facing resistance near USD 21,500 and USD 21,650. A clear move above USD 21,650 might start a steady increase....
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DBS bank reports 4X growth in Bitcoin buys on DDEx exchange in June Crypto investors bought four times more Bitcoin on DBS Bank's DDEx in June than in April 2022 as BTC price dipped below $20,000.
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Report: Nigerian Central Bank Targets Tenfold Increase in Number of CBDC Users, Governor Says Use of Cash Will 'Dissipate to Zero' Despite the apparent slow embrace of the e-naira digital currency by Nigerians, the Central Bank of Nigeria governor has said his institution is targeting a tenfold increase in the number of users of the digital currency...
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Phemex Mobile App: A One-Stop Shop for All Your Crypto Trading Needs As a crypto trader, you have to be on your toes. From checking market conditions to tracking your portfolio, there are many things to keep track of. Whether a newbie or a pro, it’s essential to pick a reliable and user...
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Mayor of Japan's Fukuoka Visits Ripple HQ to Talk Web3 The Mayor of one of Japan's biggest cities has paid a visit to the San Francisco headquarters of Ripple - further strengthening the ties between Japan and the American crypto firm. In a Twitter post last week, Emi Yoshik...
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Bitcoin addresses in loss hit 1-month high as BTC price retests $21K There are now more than 17.5 million Bitcoin wallets underwater with little faith in a rebound coming from analysts in the face of a surging dollar.
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Latest Ghana Benchmark Rate Hike the Largest on Record -- President Promises Action Against 'Unacceptable Depreciation of the Cedi' After seeing Ghana’s inflation rate surge to 31.7% in July, the Bank of Ghana responded by hiking the benchmark interest rate by 300 basis points. In addition to the rate hike, the central bank said it will gradually r...
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Argentinian Presidential Hopeful Reportedly Faces Crypto Scam Promotion Wrap A group of Argentine crypto investors have launched a lawsuit against Javier Milei, an outspoken MP and bitcoin (BTC) advocate who wants to run for president. The media outlet Clarín reported that a lawyer named Juan Pa...
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Bitcoin mining to cost less than 0.5% of global energy if BTC hits $2M: Arcane Bitcoin may be a significant energy consumer in 2040, but only if its price reaches several million dollars, according to new estimates by Arcane Research.
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