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Cryptocurrency News

Location American Cryptocurrency News for 8 January 2023
Former Fed Chair Alan Greenspan: Crypto Is Too Dependent on 'Greater Fool Theory' to Be a Desirable Investment Former Federal Reserve Chairman Alan Greenspan says crypto is “too dependent on the ‘greater fool theory’ to be a desirable investment.” However, he noted that the collapse of crypto exchange FTX was “purely fr...
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Jim Cramer Expects SEC to 'Do a Roundup' of Uncompliant Crypto Firms -- Urges Investors to Get Out of Crypto Now The host of Mad Money, Jim Cramer, says he expects the U.S. Securities and Exchange Commission (SEC) to do a roundup of crypto firms that are not compliant with regulation. Expecting the SEC “to sweep everything,” Cr...
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New Year Brings Strong NFT Sales, Up 26% in First Week of 2023 With Top 5 Blockchains Seeing Double-Digit Increases The first week of 2023 saw an upswing in non-fungible token (NFT) sales as seven-day volume increased 26.01% compared to the previous week, totaling approximately $208.99 million in NFT sales. Additionally, the top five ...
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Gold Prices Expected to Soar in 2023: Experts Predict Record Highs for Precious Metal Gold is on the rise in 2023 and in the first week of the new year alone, the precious metal has jumped 2.36% against the U.S. dollar. Over the past 65 days, gold has soared 14.55% while silver has skyrocketed 22.31% agai...
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Bitcoin, Sango Coin and the Central African Republic

Coin Telegraph - 8 Jan 2023 16:14
Bitcoin, Sango Coin and the Central African Republic The Central African Republic adopted Bitcoin and swiftly created its own token, Sango Coin. But where did Sango Coin come from, and why is it necessary?
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Robert Kiyosaki: SEC Will 'Crush' Most Cryptos, Burry on US Recession, Gold Bug Schiff on Inflation in 2023 -- Week in Review 2023 is off to a rough start, with crypto business bankruptcies, inflation, and recession impacting markets and looming darker on the horizon. Rich Dad Poor Dad author Robert Kiyosaki says that other than bitcoin, the Un...
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Mexican CBDC Unlikely to Be Ready by 2024

Bitcoin.com - 8 Jan 2023 13:30
Mexican CBDC Unlikely to Be Ready by 2024 The Mexican central bank digital currency (CBDC), the digital peso, is unlikely to be ready by 2024, as was announced back in 2021 by the Mexican government. In a statement, representatives from Banxico, the central bank...
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Are Federal Prosecutors About to Indict Binance as Hedge Funds Face Subpoenas US authorities have sent subpoenas to American hedge funds and market-making companies dealing with Binance, the world's largest cryptocurrency exchange, asking for records of their communications with the exchange. Acco...
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Romania Carries Out Raids as Part of Crypto Tax Evasion Probe Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation which establ...
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DOJ Asks Victims of Sam Bankman-Fried's Fraud to Come Forward The U.S. Department of Justice (DOJ) has asked victims of former FTX CEO Sam Bankman-Fried (SBF)’s fraud to come forward. The former FTX executive has been charged with “defrauding customers of FTX.com, investors in ...
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Billionaire Mark Cuban Warns of Next Crypto Implosion Coming From Wash Trades Mark Cuban, a Shark Tank star and the owner of the NBA team Dallas Mavericks, has warned that the next crypto implosion could come from “the discovery and removal of wash trades” on centralized exchanges. The billion...
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