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Cryptocurrency News

Location American Cryptocurrency News for 24 March 2023
Crypto Biz: Mastercard opens network to USDC, OKX departs Canada, Bitcoin climbs Despite global bank turmoil and regulatory crackdowns, traditional and decentralized finance (DeFi) are continuing to blend.
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Bitcoin bulls remain bullish, but macro and crypto-specific hurdles have BTC pinned below $30K All the pieces are in place for BTC to rally to $30,000, but escalating economic uncertainty and regulatory pressure add strength to the key resistance level.
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Matter Labs Opens zkSync Era to Users, Claiming First in 'Zero Knowledge' Tech on Ethereum After launching ZkSync Era for developers-only last month, the project took the additional step Friday of opening it to general users. The latest push comes just days ahead of Polygon's planned rollout on Monday of its o...
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Binance Users in China, Elsewhere, Evade KYC Controls With Help of 'Angels': CNBC Some Binance employees and volunteers shared tips on forging bank documents, falsifying addresses or hiding the country of origin to get a Binance debit card, CNBC reported, citing Chinese-language chatroom messages it t...
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Bitcoin Spot & Derivative Trading Volumes Surge - Bullish for the BTC Price? Bitcoin spot and derivative trading volumes have been surging in the past few weeks in tandem with the cryptocurrency's aggressive rally from early monthly lows under $20,000. That suggests there is a lot of conviction b...
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Widely Followed Suite of Bitcoin On-chain Metrics Flash Bullish as BTC Price Holds Above $28,000 Post-Fed - Where Next? A widely followed suite of on-chain and technical metrics are sending bullish signs for the Bitcoin price, with BTC/USD holding close to nine-month highs just above $28,000 as markets digest Wednesday's US Federal Reserv...
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Justin Sun vs. SEC, Do Kwon arrested, 180M player game taps Polygon: Asia Express Chinese crypto billionaire Justin Sun sued by SEC, Do Kwon busted in Casino Royale location, game with 180 million players embraces Polygon.
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Is This Finally an Atomic Bomb From the SEC?

Coin Desk - 24 Mar 2023 00:24
Is This Finally an Atomic Bomb From the SEC? The U.S. Securities and Exchange Commission's notice to Coinbase (COIN) that it's likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operat...
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NFTX DAO Eyes Treasury Rebalancing After USDC Wobbles The decentralized autonomous organization's token holders are voting to diversify $2 million of its treasury's assets amid a turbulent crypto market.
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Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.
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Bitcoin Price Prediction as BTC Bounces Up From $28,000 Support - Where is BTC Heading Now? As Bitcoin (BTC) remains stable around the $28,000 mark, the cryptocurrency community is eagerly watching to see if it will continue to climb upward or if it will fall below its current support level. Despite regulatory ...
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German dwpbank to offer Bitcoin trading to 1,200 affiliate banks on new platform Securities processor Deutsche WertpapierService Bank (dwpbank) will provide its affiliates seamless integration with their current offerings, with more digital assets to come.
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MakerDAO votes to keep USDC as primary collateral, rejects 'diversification' plan The passed measure ends the 1% USDC to DAI minting fee that was previously implemented.
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Litecoin Price Prediction as LTC Rallies 38% From Recent Bottom - Can LTC Reach $100 in 2023? Litecoin (LTC), the cryptocurrency that power's the payment-focused Litecoin blockchain that was born out of a hard fork of the Bitcoin blockchain back in 2011, has pulled lower from earlier session highs in the $96 area...
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Terraform Labs CEO Do Kwon Faces Extradition to South Korea According to a report published by AFP, Do Kwon, CEO of Terraform Labs, has been charged with document forgery in Montenegro. Kwon was arrested at the Podgorica airport while traveling with fake documentation. South Kore...
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Bitcoin likely to outperform all crypto assets following banking crisis, analyst explains The banking crisis is a catalyst for the next crypto bull run, in which Bitcoin will likely outperform all crypto assets, says Bloomberg analyst Mike McGlone.
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Magic Eden Forms Web3 Games Collective With Leading Publishers, Communities The NFT marketplace has teamed up with Yield Guild Games, Game7 and Fenix Games to bring Web3 games mainstream.
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Bitcoin From Defunct BTC-e on the Move Again: Report Someone is trying to cash out bitcoin from an exchange that has been inactive since the U.S. shut it down in 2017.
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Improving Bitcoin NFT marketplace infrastructure sets the stage for ecosystem growth Bitcoin NFT inscription activity continues to rise and the launch of new BTC specific marketplaces could lay the groundwork for the next hype cycle.
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Eversheds Sutherland Files for Property Rights Over FTX.com Customer Assets Lawyers asked the court for an early stage summary judgment, to ring-fence FTX assets frozen in the accounts of non-U.S. customers.
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Federal Reserve Says Custodia's Crypto-Focused Business Model Is 'Inconsistent' With Approval The Federal Reserve Board argued that Custodia Bank's proposed business model was "inconsistent" with approval in an order explaining its denial of the Wyoming-based crypto bank's application for membership.
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Bankrupt Crypto Lender BlockFi Given Go-Ahead for Sale of $4.7M of Mining Rigs BlockFi filed for bankruptcy in the wake of FTX's collapse.
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