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Cryptocurrency News

Location American Cryptocurrency News for 6 November 2022
Support for Ripple Grows in SEC Lawsuit Over XRP -- CEO Says 'It's Unprecedented' Support for Ripple Labs in its fight against the U.S. Securities and Exchange Commission (SEC) over xrp has grown, with 12 amicus briefs filed. “It’s unprecedented,” Ripple CEO Brad Garlinghouse said, adding that e...
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Twitter Begins Mass Layoffs -- Elon Musk Says 'No Choice' Citing $4M Loss per Day Tesla CEO and Twitter chief Elon Musk has begun massive layoffs at the social media company. The billionaire explained that there is no choice since Twitter is losing over $4 million a day. “Twitter has had a massive d...
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SEC issues subpoena to influencers promoting HEX, PulseChain and PulseX The SEC issued subpoena as part of the investigation, which demanded the influencers in question to produce the required documents by Nov. 15, 2022.
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Bitcoin could become the foundation of DeFi with more single-sided liquidity pools More options for single-sided Bitcoin staking could lead to a consolidation of decentralized exchange aggregators -- meaning improved liquidity for users.
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Google Cloud Is Running a Solana Validator, Blockchain Node Engine to Support SOL Chain Next Year After Google Cloud announced that it would offer a product called the "Blockchain Node Engine" and further noted that Ethereum would be the first blockchain supported, the company revealed it was running a Solana validat...
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What are crypto whale trackers and how do they work?

Coin Telegraph - 6 Nov 2022 22:00
What are crypto whale trackers and how do they work? Crypto whale action can affect the price of cryptocurrencies and tracking these whales can offer invaluable and timely insights into price movements.
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Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be 'Fully Transitioned' Next Year According to the crypto firm Circle Internet Financial, the company is "deepening" its partnership with the world's largest asset manager Blackrock. Circle disclosed that it has started to transfer USDC reserves into a B...
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Bitgo Reveals Wrapped Dogecoin Token Built on Ethereum On Nov. 2, 2022, the digital asset custody business and financial services provider Bitgo introduced a wrapped version of the meme coin asset dogecoin built on top of the Ethereum blockchain. The company detailed the wra...
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Why banking uses at least 56 times more energy than Bitcoin "Bitcoin uses 0.05% of world energy consumption. Banking uses 56 times more energy than Bitcoin," Michel Khazzaka, a cybersecurity engineer and cryptographer, told Cointelegraph.
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Sam Bankman Fried Announces Substantial Donations in US Mid-Term Elections FTX CEO Sam Bankman-Fried has revealed that he donated millions of dollars to support bipartisan politicians in a bid to lure more crypto allies. In a Saturday tweet, Bankman-Fried said that he was "a significant donor" ...
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Bitcoin Price Prediction as BTC Shoots Past $21,000, 20% Rally Incoming? Bitcoin hasn't changed much during the European session and continues to consolidate near $21,190. Despite a light weekend, the Bitcoin price prediction remains bullish above the $21,000 level. Fidelity Investments, a fi...
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Brandt Says DOGE Bear Market Is Over, Kiyosaki Advises Buying BTC 'Before Fed Pivot,' Bitcoin.com Backed Ramírez Challenges for WBA Boxing World Title -- Week in Review In this week’s hottest stories from Bitcoin.com News, veteran trader Peter Brandt says the bear market that began for dogecoin back in May is over, Bitcoin.com-backed boxer Gilberto 'Zurdo de Oro' (Golden Southpaw) Ram...
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Buying Bitcoin 'will quickly vanish' when CBDCs launch -- Arthur Hayes Looking to buy BTC to avoid the CBDC "horror story?" The best time was "yesterday," the former BitMEX CEO says.
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Influencers of $7 Billion Crypto Project Issued Subpoenas by SEC - Here's What You Need to Know The US Securities and Exchange Commission (SEC) has subpoenaed some influencers of HEX, a crypto project with a market cap of around $7 billion. Prominent crypto evangelist Eric Wall initially revealed the news on Twitte...
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Crypto Exchange Bybit Does Not Plan to Sanction Russian Users Despite MAS Call, Report Cryptocurrency exchange Bybit has no intention to introduce restrictions for Russian traders, despite a recent reminder by the Monetary Authority of Singapore (MAS) about the obligations of crypto providers in that respe...
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Dogecoin Price Prediction - DOGE Has Given Up Some Gains, Weekend Pump Incoming? Dogecoin price prediction remains bullish above the $0.1200 level, which is being extended by 38.2% Fibonacci retracements. Since Elon Musk acquired control of Twitter a month ago, Dogecoin has been one of the top-perfor...
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SEC Charges 4 People in $295M Global Crypto Ponzi Scheme That Duped Over 100,000 Investors The U.S. Securities and Exchange Commission (SEC) has charged four people for their roles in a global cryptocurrency Ponzi scheme that duped more than 100,000 investors worldwide. The scheme raised more than $295 million...
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Bitcoin Price and Ethereum Might Recover, CHZ and APE Rallies The Bitcoin price consolidated near the $21,158 level on November 6, but a closing of candles above the $21,000 level has increased the odds of a bullish trend continuation. Whereas Ethereum is also struggling below the ...
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Axie Infinity Price Prediction as AXS Pumps Up 20% - How High Can it Go? Axie Infinity price prediction remains bullish, especially above the $10.15 level, extended by a 61.8% Fibonacci retracement. Axie Infinity made a strong comeback the day before, gaining over 20% before giving up half th...
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