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Cryptocurrency News

Location American Cryptocurrency News for 9 February 2023
Shark Tank Star Kevin O'Leary Says Most Crypto Tokens Are Worthless -- 'They'll Eventually Just Go to Zero' Shark Tank star Kevin O’Leary, aka Mr. Wonderful, says that most crypto tokens are worthless and they will eventually drop to zero in value. He added that he now owns seven cryptocurrencies and he is getting the same v...
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Crypto exchange Kraken faces probe over possible securities violations: Report The probe is reportedly looking at certain offerings that Kraken has made to its US customers that could be in breach of securities laws.
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As Bitcoin nears $25K, questions about rally's sustainability remain Analysts seem to be divided as to whether a bull run is now in session despite many key indicators suggesting the same.
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Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession Bloomberg Intelligence’s senior commodity strategist Mike McGlone has warned that “cryptos may be facing their first real recession.” The Federal Reserve tightening despite the risk of a recession “could be a pri...
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Cryptocurrency Exchanges Offer Assistance to Earthquake-Hit Turkey Major crypto exchanges have offered to help the people of Turkey to overcome the consequences of this week’s devastating earthquake. While the crypto industry pledged support, the country’s financial authorities allo...
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Kraken Winds Down Staking Program, Pays $30 Million to Settle Unregistered Offering of Staking Services Case With SEC Kraken, a U.S.-based cryptocurrency exchange, has agreed to wind down its cryptocurrency staking program as part of an arrangement with the U.S. Securities and Exchange Commission (SEC) to settle for the unregistered off...
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Craig Wright's Bitcoin Copyright Claim Rejected by UK Court - Here's What Happened Craig Wright, the Australian computer scientist and self-proclaimed Satoshi Nakamoto, has had a copyright claim for Bitcoin rejected by a London court, with the judge saying the subject matter "is not expressed or fixed ...
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China's 180M digital yuan airdrop, Devastation in Turkey, Laos' CBDC: Asia Express Our weekly roundup of news from East Asia curates the industry's most important developments. China airdrops 180 million digital yuan to celebrate Lunar New Year According to state-owned media Global Times, Chinese citie...
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Analyst Warns of Banks' Authority to Confiscate Funds, Decline of US Dollar Purchasing Power According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang discussed how the purc...
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Major Crypto ATM Operator Coin Cloud Files for Bankruptcy One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy in the U.S. The company’s largest creditor is Genesis Global Trading, whose par...
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LBank Secures Virtual Asset Provider Registration to Operate in Italy PRESS RELEASE. Global crypto exchange LBank has registered as a Virtual Asset Provider with Italian regulator Organismo degli Agenti e dei Mediatori (OAM). The regulatory approval allows the exchange to offer a range of ...
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Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate cryptocurrency staking for retail customers in the United States. Armstrong insisted t...
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Bitcoin Addresses With Non-zero Balance Hit New Record High - Will New Investors Pump the BTC Price? The number of Bitcoin wallet addresses holding a non-zero balance of the world's first, most popular and largest cryptocurrency by market capitalization hit a new record high this week, suggesting the Bitcoin network's g...
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Biggest Movers: LINK Moves to 3-Month Peak, as DOGE Drops to 10-Day Low Chainlink rallied to a three-month high during Thursday's session, despite a red wave sweeping through cryptocurrency markets. Today's surge came as the token broke out of a key resistance level. Dogecoin, on the other h...
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Today in Crypto: Aave Announces Launch of GHO Stablecoin on Ethereum's Goerli Testnet, MakerDAO Establishes Phoenix Labs, LocalBitcoins Closing down 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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LidoDAO Price Prediction as LDO Pumps Up 14% in 7 Days - Here are Key Levels to Watch Lido token (LDO), the utility and governance token for the Lido Decentralized Autonomous Organization (DAO) that controls Ethereum liquid staking protocol Lido, has seen significant upside volatility in the past few days...
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Bitcoin price hits 2-week low amid warning $22.5K loss means fresh dip Bitcoin may go "hard lower" if it fails to preserve the area around $22,500, market participants say.
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Is it Too Late to Buy Ethereum? Crypto Experts Give Their ETH Price Predictions Ethereum (ETH) remains poised as bulls struggle to break hard resistance at $1,700. Currently trading at $1,640 - ETH continues to consolidate around the local support level at $1,650. Tightening Bollinger bands in late ...
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Best Crypto to Buy Today 9 February - MEMAG, SAND, FGHT, NEAR, CCHG The cryptocurrency market is facing a dip so far Thursday, with many top coins experiencing losses as regulatory authorities increase their focus on the industry. Bitcoin, the leading cryptocurrency, faced a dip and brie...
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Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” whic...
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Crypto Exchange Kraken in Hot Water with SEC Over Alleged Securities Violation - Here's What You Need to Know The US-based crypto exchange Kraken is in hot water with regulators over an alleged violation of securities rules related to the selling of "unregistered securities." The Securities and Exchange Commission's (SEC) probe ...
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Bitcoin, Ethereum Technical Analysis: BTC Moves Below $23,000 as Market Volatility Heightens Bitcoin dropped to a two-week low on Feb. 9, with prices falling below the $23,000 mark after a brief rally on Wednesday. Cryptocurrencies moved lower across the board, as uncertainty surrounding the state of the global ...
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