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Cryptocurrency News

Location American Cryptocurrency News for 6 September 2022
What New UK Prime Minister Liz Truss Says About Cryptocurrencies Liz Truss, Britain’s new prime minister, previously said: “We should welcome cryptocurrencies in a way that doesn’t constrain their potential.” Truss beat former Chancellor of the Exchequer Rishi Sunak, who had a...
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Binance to Drop USDC Trading Pairs, Plans to Auto-Convert Specific Stablecoin Balances to BUSD The world’s largest cryptocurrency trading platform by trade volume, Binance, issued a notice on Monday explaining that the exchange will be removing the stablecoin USDC from the platform’s spot trading pairs list. B...
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Bitcoin Aims Higher While Ethereum and Altcoins Rise Bitcoin price is still trading below the key USD 20,500 resistance zone. BTC is currently (11:20 UTC) consolidating near the USD 20,000 pivot zone. To start a fresh increase, the price must surpass USD 20,200 and USD 20,...
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Lawyer For Alleged Russian Crypto Launderer Seeks Prisoner Swap With U.S. As the relations between the U.S. and Russia remain stringent due to the latter country's invasion of Ukraine, a lawyer for a Russian citizen accused of laundering more than USD 4bn worth of crypto has called on the Krem...
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Russia's Finance Ministry, Central Bank Agree To Legalize Cross-Border Crypto Payments Ending a long-term dispute, Russia's Ministry of Finance has announced it has reached an understanding with the Bank of Russia, the country's central bank, over the legalization of cross-border payments in cryptocurrenci...
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Bitcoin price falls under $19K as data shows pro traders avoiding leverage longs BTC nose-dived to its lowest level since July 13, but data shows pro traders remain skeptical of a quick recovery.
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Publicly-Listed Miner Hive Plans to Transfer ETH Hashrate to Other GPU Mineable Coins Ahead of Merge While the cryptocurrency community prepares for The Merge, the Nasdaq-listed, Hive Blockchain Technologies, revealed in the company’s August 2022 production update that it plans to re-distribute its hashpower dedicated...
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Bitcoin 'bear flag' breakdown targets $15K as US dollar hits 20-year high BTC is losing its safe haven status to the dollar, with mutual funds increasing their cash holdings by $208 billion in the first half of 2022.
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Ethereum Implements Bellatrix -- Network's Upcoming Paris Upgrade to Trigger The Merge, Validator Block Production The blockchain network Ethereum has officially activated the Bellatrix upgrade, the final change before The Merge, the highly anticipated transition from proof-of-work (PoW) to proof-of-stake (PoS). Bellatrix was success...
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ADA's Weekend Rally Pauses as Cardano Confirms 'Most Significant' Upgrade The price of Cardano's native token ADA rallied over the weekend, as the Cardano development firm Input Output confirmed the date for a highly anticipated network upgrade. As of Monday morning, however, the rally has com...
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Exchanges Vow to Keep ETH Trading Open as Merge Moves Closer Crypto exchanges are vowing to keep trading open and unaffected during Ethereum's (ETH) transition to proof-of-stake (PoS), despite deposits and withdrawals of ETH and ERC-20 tokens being halted. Meanwhile, the major exc...
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BTC Mining Pool Poolin Suspends Wallet Withdrawals in Bid to 'Stabilize Liquidity' The bitcoin (BTC) mining pool Poolin's wallet arm - PoolinWallet - has announced that it will be "temporarily" suspending all withdrawals in a bid to "preserve assets and stabilize liquidity." The pool blamed the issue o...
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World Vision Becomes First South Korean Charity to Accept Crypto \The South Korean arm of the charitable organization World Vision has announced that it will accept donations made in cryptoassets - a first for a South Korean NGO. Per the media outlet EDaily, as well as Maeil Kyungjae,...
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Japanese Government Presents Local Authorities with NFTs in National First Japan's cabinet has handed out non-fungible token (NFT) awards - in a new first for the nation's government. The tokens were distributed to the local government authority winners of a nationwide digitization competition ...
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Euro Ice Hockey Champions Rögle Partners With Locker Token PRESS RELEASE. The connected future of sports and blockchain is on the horizon as Rögle announced an NFT-driven partnership with Locker Token earlier today. The partnership, as entailed in an official release, establish...
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Turkish Inflation and Lira Woes Makes Crypto The Great Mitigator Notwithstanding the Ukraine war, 2022 will most likely go down in history as the year of inflation. Following decades of sub-5% inflation in the United States and the European Union, prices have risen by around 9% in bot...
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Last-gasp Brazilian Securities Regulator Intervention Could Scupper MPs' Efforts to Police Crypto Brazilian markets regulator says it wants to play a leading role in regulating crypto - in a move that could derail parliamentarians' own attempts to regulate the sector. Per the financial arm of the newspaper giant Glob...
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Traders say Bitcoin price bounce is overdue after a 'massive' BTC long position appears A Binance futures entity has been accumulating for days, and the result could be quite the squeeze, analysts believe.
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Biggest Movers: ETC up Nearly 30% on Tuesday, as Merge Timeline Is Set Ethereum classic was a notable mover in today’s session, as the token rose by nearly 30% on Tuesday. The surge comes as it was confirmed that the Ethereum merge event will take place next week, between September 13-15....
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Will the Ethereum Merge crash or revive the crypto market? | Find out now on The Market Report On this week's episode of "The Market Report," Cointelegraph's resident experts discuss the Ethereum (ETH) merge and how it might impact the crypto market.
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Crypto investment product firm 21.co raises $25M to reach $2B valuation Founded during the major market slump of 2018, 21Shares holds its vision that solid crypto products only grow stronger during crypto winters.
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Stablecoin USDN Trades Below $1 Parity for 14 Days in a Row, Token Taps $0.91 Low This Week Approximately 14 days ago, the stablecoin neutrino usd (USDN) tapped a high of $0.994 per unit, and ever since then, USDN has not been able to rise above the $0.97 per unit range. The dollar-pegged asset is associated wi...
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