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Cryptocurrency News

Location American Cryptocurrency News for 23 September 2022
JPMorgan CEO Jamie Dimon Tells Congress Crypto Tokens Like Bitcoin Are 'Decentralized Ponzi Schemes' JPMorgan Chase CEO Jamie Dimon said in a U.S. congressional hearing that crypto tokens, like bitcoin, are “decentralized Ponzi schemes.” He told lawmakers: “I’m a major skeptic on crypto tokens which you call cur...
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Block is Distracted by Bitcoin and That's Hurting its Bottom Line - Analyst Downgrade Twitter founder Jack Dorsey's payment firm Block, formerly called Square, has seen a downgrade, dragged down by none other than bitcoin (BTC) - or rather, the company's "preoccupation" with it. Investment bank Mizuho dow...
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Indonesia to Tighten Crypto Regulation With Stricter Rules for Exchanges Indonesia is preparing to issue new rules to tighten the regulation of crypto exchanges. Under revised regulatory framework, two-thirds of crypto exchange directors must be Indonesian citizens residing in the country. In...
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Iran Begins Central Bank Digital Currency 'Crypto Rial' Pilot Today The Central Bank of Iran (CBI) has reportedly begun a pilot for its central bank digital currency (CBDC), also known as “crypto rial.” Iran’s chamber of commerce explained that the “crypto rial has been designed ...
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This Crypto Insider Says Bitcoin Has Bottomed and Will Retake $60k, But When? MicroStrategy's chairman and co-founder Michael Saylor believes the price of Bitcoin has found a stable bottom at around $20,000. From here, he expects the flagship crypto to retake its former peak price levels of around...
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Tether Reveals USDT Stablecoin Is Now Supported by Polkadot Tether is now live on 15 different blockchain networks, according to the company’s latest announcement on Friday as the firm detailed that it is now supported by the Polkadot blockchain system. The stablecoin’s new s...
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Who Are Binance's Magnificent 11 and Why Are They So Important for its Global Success? Binance, the world's largest cryptocurrency exchange by trading volume, has announced the creation of an eleven-person all-star team of experts in public policy, government, finance, economics, and corporate governance t...
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Crypto Trading and Mining Regulations Must Come in Same Bill, Says Top Russian Politician The chief architect of Russia's long-awaited crypto legislation has insisted that crypto trading regulations and new rules about the governance of the crypto mining sector must be addressed in the same bill. And the news...
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XRP Crypto Price Prediction 2022 - How High Can Ripple Pump? XRP crypto has exponentially risen in price over the week soaring over 63% in value. The successful breakout has moved XRP up by one position and is now ranked #6 amongst other cryptocurrencies. Will XRP continue to pump...
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Bitcoin Miner Marathon Digital's Shares Downgraded After Compute North Files for Bankruptcy Protection Bitcoin mining firm Compute North filed for Chapter 11 bankruptcy protection in Texas on Thursday as the crypto winter continues to put pressure on crypto mining operations. The bankruptcy petition filed on September 22,...
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PRIMEZTOKEN Is Now Available for Trading on LBank Exchange PRESS RELEASE. INTERNET CITY, DUBAI, Sep. 23, 2022 - LBank Exchange, a global digital asset trading platform, has listed PRIMEZTOKEN on September 23, 2022. For all users of LBank Exchange, the PRIMEZTOKEN/USDT trading pa...
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FTX Crypto Exchange VC Investors Value it at $32 Billion - Are They Mad or Savvy? Major crypto exchange FTX is holding discussions with potential investors regarding a funding round worth up to $1 billion. This is to allow the firm's January 2022 valuation of about $32 billion to stay in line with pre...
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A Former CFTC Chair Thinks There is No Need For New Laws on Stablecoins: Here's What He Said Timothy Massad, former chairman of the Commodity Futures Trading Commission (CFTC) and a current research fellow at Harvard's Kennedy School of Government, argued that regulatory progress on stablecoins can be made immed...
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Want a $1 Million Job in Crypto? How About Chief Metaverse Officer - They Are all the Rage Metaverse technology has continued to be the rage among big-name brands that are now dolling out million-dollar paychecks to so-called "chief metaverse officers" to think up their metaverse adoption strategy. According t...
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Why is the crypto market down today?

Coin Telegraph - 23 Sep 2022 18:32
Why is the crypto market down today? Crypto prices keep crashing, and it seems like there's no bottom in sight. Here are three reasons why cryptocurrency prices keep falling.
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Euro Taps a $0.973 Low Against the US Dollar, Analysts Claim British and EU Currencies Are Trapped in a 'Doom Loop' On Friday, the official fiat currency of 19 out of the 27 member states of the European Union (EU), the euro, plunged to a low of $0.9732 against the U.S. dollar. The drop comes at a time when fiat currencies like the ye...
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Biggest Movers: XRP Hits Fresh 4-Month High, Token Climbs 50% This Week Xrp was once again higher on Friday, as the token hit a 4-month high for a third consecutive session. The token formerly known as ripple has risen by over 50% in the last seven days, despite the current market volatility...
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Bahrain's EazyPay Partners with Binance Pay, Compute North Files for Bankruptcy, Tornado Cash Returns to GitHub + 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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Can You Guess What the Top On-Ramp for Crypto is in Asia and Oceania? Here's the Answer Non-fungible tokens (NFTs) are the biggest on-ramp to the cryptocurrency market among countries in Central & South Asia and Oceania (CSOA) according to a new report. Blockchain intelligence firm Chainalysis said in a new...
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Meme Tokens Slide 55% in 5 Months -- DOGE, SHIB Dominate $14.9B Meme Coin Economy by 95% Five months ago, the top meme cryptocurrencies by market valuation were valued at $33.7 billion and today, the meme coin economy is 55% lower, down to $14.9 billion on September 23. During the last month, dogecoin lost 1...
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XRP hits 13-month high versus Bitcoin with 35% daily surge -- But is a correction inevitable? The XRP price rally appears to be driven by a "buy-the-rumor" frenzy in a potential lawsuit win for Ripple versus the SEC.
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El Salvador's Bitcoin decision: Tracking adoption a year later El Salvador made history last year in September by making BTC a legal tender. One year later, the falling BTC prices and delayed Volcanic bonds have fueled skepticism.
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