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Cryptocurrency News

Location American Cryptocurrency News for 26 February 2023
IMF Calls for 'More' Crypto Regulation -- Says Banning Should Be an Option International Monetary Fund (IMF) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added, “We should not take off the table banning those assets,” if regulation fails or is too slow...
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South Africa Added to FATF 'Grey List' Despite Designation of Crypto as a Financial Product In a move seen as a major setback for South Africa, the international financial watchdog, the Financial Action Task Force, announced on Feb. 24 that it had added the country to its “grey list.” Getting grey-listed by...
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Crypto Exchanges Allow Russians to Circumvent Sanctions, Report Alleges Major crypto exchanges have failed to prevent sanctioned Russian banks and traders from transacting, according to a blockchain forensics report. At least two established coin trading platforms continue to allow Russians ...
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XRP Price Prediction as $600 Million Trading Volume Comes In - Can XRP Reach $10 in 2023? As XRP records a $600 million trading volume, investors are wondering if the cryptocurrency can reach $10 in 2023. This XRP price prediction is fueled by recent developments in the XRP ecosystem, as well as a broader sur...
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Market Strategist Michael Wilkerson Believes US Inflation Could Rise to 12% by Year-End Despite Predictions of Decrease While several market strategists and analysts expect U.S. inflation to drop considerably in 2023 compared with last year, Michael Wilkerson, founder of Stormwall Advisors, thinks the inflation rate could climb as high as...
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Bitcoin Price Prediction As BTC Approaches Key Support Level - Where Is the Next BTC Target? Bitcoin has been experiencing a volatile period, with the cryptocurrency dropping by nearly 4% over the past week. As of the time of writing, BTC is approaching a key support level, with analysts closely monitoring the m...
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Bitcoin may only need 4 weeks to hit $30K as key monthly close looms Opinions vary on BTC price strength, with Bloomberg Intelligence warning that $25,000 may stay in place as major resistance.
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Liquid Staking Platform Lido Sees Largest Daily Stake Inflow, Receives 150,000 ETH Reportedly From Tron Founder On Saturday, the liquid staking protocol Lido tweeted about the largest daily stake inflow to date as 150,000 ethereum was staked. Reports indicate that the ethereum, worth more than $240 million, belongs to Justin Sun, ...
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5 High-Profile Cryptocurrency Implosions Shatter Trust, Wipe out Billions in Value During 2022's Crypto Winter 2022 was a year of phenomenal cryptocurrency blowouts, as several projects collapsed and many more are on life support after the entire ecosystem was shattered. The fallout from these digital currency projects has not on...
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BRICS Nations 'Coalescing Against the Dollar,' Major Banks Predict More Fed Hikes, Bitcoin Records Large Blocks as Ordinals Gain Currency In spite of turbulence in traditional global finance, with BRICS nations said to be pushing for de-dollarization and major banks like Bank of America and Goldman Sachs predicting further interest rate hikes from the U.S....
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Indonesia Targets Mid-2023 for its State-Backed Crypto Exchange Indonesia aims to launch its much-anticipated state-backed crypto exchange by mid-2023, according to the country's Commodity Futures Trading Regulatory Agency (Bappebti), which currently oversees digital assets. In a rec...
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Lawmakers to Resubmit Russia's Crypto Mining Bill, Introduce Liability for 'Gray' Miners The draft law legalizing cryptocurrency mining will be resubmitted to Russian parliament which will postpone its adoption, one of its sponsors announced. Members of the lower house are also working on a separate bill tha...
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Bitcoin Price and Ethereum Prediction: Can BTC's 61.8% Fibonacci Retracement Indicate a Bounce-Back in Price on Sunday? During the Asian trading session, the overall cryptocurrency market has been relatively stable, with BTC holding above $23,000 and ETH rebounding above $1,550. Due to the lack of volatility, leading cryptocurrencies such...
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GBTC approval could return a 'couple billion dollars' to investors: Grayscale CEO Grayscale Investments' boss, Michael Sonnenshein, said that if GBTC got the green light to "convert" to a spot BTC ETF there would "no longer" be a discount or a premium, amid ongoing legal action against the SEC.
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India Asks IMF and FSB for Joint Paper to Help Formulate 'Comprehensive' Crypto Policy India has asked the International Monetary Fund (IMF) and Financial Stability Board (FSB) to develop “a synthesis paper” on crypto assets as part of the G20 meeting of finance ministers and central bank governors und...
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