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Cryptocurrency News

Location American Cryptocurrency News for 22 March 2023
Japan's Largest IT Service Provider Fujitsu Files Trademark Covering Crypto Trading Services Japanese tech giant Fujitsu has filed a trademark application with the U.S. Patent and Trademark Office that covers several cryptocurrency services. The application specifically mentions “financial management of crypto...
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Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion U.S. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit runs that pose the risk of contagion.” The government recently protected all depo...
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ARK Invest Sells $13.5M Coinbase Shares After Steady Buying Streak Before this sale, ARK Invest owned 9.9 million shares of the crypto exchange worth $575 million.
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White House Takes Aim at Crypto in Scathing Economic Report The report, authored by the White House Council of Economic Advisers, laid out a number of issues seen within the digital asset ecosystem.
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Long Liquidations Spike Bitcoin Suffers Despite the fact that most market participants interpreted the latest Fed policy announcement as more dovish than expected, hence the drop in the US dollar and US yields, Bitcoin markets saw a "sell the fact" reaction, w...
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SEC Warns Coinbase It's Pursuing Enforcement Action Over Securities Violations Crypto exchange Coinbase (COIN) may soon face an enforcement action tied to its listing of potential unregistered securities, the company said Wednesday.
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Kraken to Suspend ACH Deposits and Withdrawals Following Silvergate Shutdown The exchange says no other services will be affected by this change.
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SEC Sues Tron Founder Justin Sun for Market Manipulation and Offering Unregistered Securities The U.S. Securities and Exchange Commission (SEC) has taken action against Justin Sun, the founder of Tron, and the Tron Foundation, issuing charges for offering unregistered securities and market manipulation. Additiona...
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In Defense of a Digital Dollar

Coin Desk - 22 Mar 2023 22:51
In Defense of a Digital Dollar Fears about mass financial surveillance are real with CBDCs, but banning them, as Republicans have recently proposed, will not help. Instead, more research is needed, says Ananya Kumar.
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Bankruptcy Judge: Celsius Account Holders Can Retrieve 72.5% of Crypto Holdings, Permitted They Opt-In to Settlement Plan Custody account holders with the now-bankrupt crypto lender Celsius will be able to get back 72.5% of their holdings, as long as they agree to a settlement plan. The settlement plan has now been approved by Judge Martin ...
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Bitcoin Sinks Below $27K as Federal Reserve, Powell Keep Focus on Inflation The U.S. central bank confirmed expectations of raising the rate by 25 basis points.
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Gov. Ron DeSantis, Privacy and the Politicization of the Digital Dollar The putative presidential candidate's plan to ban a CBDC at state-level is unworkable constitutionally. But it's still worrying for the future of money in the U.S., says JP Schnapper-Casteras.
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Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billi...
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SEC Sues Jake Paul for 'Illegally Touting' Justin Sun-Linked Cryptos The securities regulator said Paul participated in a scheme to illegally promote TRX and/or BTT.
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Tron Founder Justin Sun Sued by U.S. SEC on Securities, Market Manipulation Charges The U.S. Securities and Exchange Commission sued Justin Sun Wednesday on allegations of selling and airdropping unregistered securities, fraud and market manipulation.
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Bitcoin price whipsaws as Fed says rate hikes may not be 'appropriate' Bitcoin sees swift fluctuations after the Fed hikes 0.25%, but Chair Jerome Powell hints that policy may now change.
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Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025 Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% ...
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SVB Financial's First Bankruptcy Hearing 'Wasn't Really So Routine,' Says Legal Expert The holding company needs access to the FDIC-locked funds in order to pay back its creditors and support its two external operations, says Kleinberg, Kaplan partner, Dov Kleiner.
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Bitcoin Price Prediction as Fed Announces Interest Rate Decision - Can BTC Reach $30,000 This Week? The announcement of the Federal Reserve's interest rate decision has caused a stir in the financial market, and Bitcoin (BTC) investors are watching closely to see how it will affect the cryptocurrency's price. As BTC ha...
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Best Crypto to Buy Now 22 March - LHINU, XLM, FGHT, ALGO, METRO, ETC, CCHG, TARO The Federal Reserve was facing a tough decision as it weighed the stability of the banking system against economic stability in its interest-rate decision--but decided to hike rates by 25 basis points Wednesday in an eff...
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Straith Schreder: The Future of Content Is Collaborative In a CoinDesk interview Straith Schreder, Executive Creative Director at Palm NFT Studio, shares why participatory artwork might actually work for your Web3 brand.
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Crypto Exchange Coinbase Suspends Algorand Staking Rewards Coinbase did not give a specific reason for terminating the rewards.
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