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Cryptocurrency News

Location American Cryptocurrency News for 1 September 2022
Tens of Celsius clients ask US court to recover $22.5M in crypto Suspension of withdrawals on Celsius custody contradicts the plain language of the firm's terms of use, a group of disgruntled creditors argued.
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Japanese Regulator Wants to Reform Crypto Tax Laws for Companies & Investors Japan's top financial regulator, the Financial Service Agency (FSA), has indicated that it is prepared to reform the nation's tax laws that govern the way firms and their investors are taxed on their interactions with cr...
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Ukrainian Police Bust Crypto Call Centers Defrauding Investors Across Europe Ukrainian investigators have exposed a scheme targeting residents of the country and the European Union with various financial scams, including some related to cryptocurrencies. The criminal organization members contacte...
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Elon Musk Outlines New Reasons to End Twitter Deal Citing Whistleblower Tesla CEO Elon Musk has outlined new reasons to terminate the $44 billion deal to buy Twitter in a new filing with the U.S. Securities and Exchange Commission (SEC). Citing a whistleblower report, Musk’s lawyer said th...
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Bitfinex CTO Paolo Ardoino States Salvadoran Bitcoin Bonds to Be Further Delayed The launch of El Salvador’s bitcoin bonds, issued to finance part of the construction of the Bitcoin City in the country, will be delayed again. In a recent interview Paolo Ardoino, CTO at Bitfinex, the exchange in whi...
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The total crypto market cap continues to crumble as the dollar index hits a 20 year high The total crypto market capitalization dropped by 6.9% in one week, while derivatives metrics reflect increasing demand for bearish bets.
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Gold and Silver Markets Shudder, Analysts Say Firm Dollar and Rate Hikes May Drag Precious Metal Markets Lower Precious metal markets have shuddered during the last few weeks, as gold’s price per ounce nears a six-week low hovering just under $1,700 per unit. Silver crashed through the $18 range slipping to $17.80 per ounce. Wh...
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As Ethereum Options Open Interest Remains High, Brace for Volatility Ahead of Merge After a large increase in the open interest (OI) in ethereum (ETH) options contracts over the course of July and the first half of August, warnings have emerged that traders should brace for increased volatility in the n...
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Ethereum Classic Hashrate Taps Another All-Time High, ETH Hashpower Remains Unchanged On August 31, 2022, Ethereum Classic’s hashrate reached another all-time high (ATH) this year at block height 15,850,811. Ethereum Classic’s global hashpower surpassed the 40 terahash per second (TH/s) region on Wedn...
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Biggest Movers: SOL Slips Towards Multi-Month Low, as LTC Surges on Thursday Solana was back in the red on Thursday, as the token fell towards a three-month low in today’s session. The decline comes as cryptocurrency markets fell lower, trading down by as much as 2.39% as of writing. Litecoin w...
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Yield App Unveils Higher Yield Passive Income Product PRESS RELEASE. Yield App, a global FinTech company and digital wealth platform which has attracted more than 80,000 customers since its launch in February 2021, is enhancing its product suite with a new higher-yielding c...
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US dollar smashes yet another 20-year high as Bitcoin price sags 2.7% There seems to be no stopping the greenback as risk assets, including Bitcoin, pay the price for renewed strength.
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ETH price outlook for The Merge: Bullish or bearish? | TheChartGuys interview What are the professional trader outlooks for the Ethereum Merge? Join us as we discuss this and other topics with Tim Warren, co-host of Coffee N Crypto, and Dan McDermitt
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Georgia to Update Crypto Regulations to Incorporate EU Rules, Legalize Industry The government of Georgia has approved amendments to the legal framework for the Caucasian nation’s financial sector, including additional regulations for crypto and fintech activities. The move aims to align Georgian ...
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Crypto.com Champions League Sponsorship Falls Through - Report Major crypto platform Crypto.com reportedly pulled out from what could be one of the largest ever sponsorship deals for the Champions League after its talks with the Union of European Football Associations (UEFA) fell th...
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Bitcoin, Ethereum Technical Analysis: BTC Drops Below $20K Ahead of Friday's NFP Report Bitcoin once again slipped below $20,000, as market uncertainty rose ahead of Friday’s Non-farm payrolls report. Tomorrow’s payrolls are expected to come in at 300,000 jobs, which is lower than July’s 528,000 figur...
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Bitcoin and Ethereum Fluctuate, EOS and CEL Accelerate Bitcoin price started a downward move after it failed to surpass USD 20,500. BTC declined below USD 20,000 again before recovering some of its losses. BTC is currently (11:48 UTC) trading near USD 20,000 and is down almo...
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Coin Race: Top Winners/Losers of August; BNB and Ethereum Most Resilient as Top Coins Bleed August is over, and fall is upon us, but the crypto market remains as difficult as ever to navigate. As we always do when a month has ended, let's take a look in the rearview mirror to see how the crypto market has perfo...
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US Inches Towards Bitcoin & Ethereum Accounting Clarity, Leaving NFTs and Stablecoins for Later In a bid to develop transparent accounting rules for digital assets, the US Financial Accounting Standards Board (FASB) has revealed what assets the industry body will include in its crypto rule-making project, leaving N...
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Bitcoin price dips 14% in August as trader warns of 'macro drop down' Bias is trending towards ever lower levels for Bitcoin after BTC price performance fails to preserve $20,000 at the August close.
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L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would ...
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MicroStrategy Calls D.C. 'Tax Fraud' Lawsuit 'False' and Says it Will Fight Back 'Aggressively' The District of Columbia's Attorney General has publicly stated that his office will launch a tax fraud lawsuit against the IT firm MicroStrategy and its Bitcoin (BTC) bull former CEO Michael Saylor. But the firm called ...
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