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Cryptocurrency News

Location American Cryptocurrency News for 9 May 2023
Crypto Expert Predicts Pepe To Flip Shiba Inu As 2nd Best Meme Coin by 2025 - Price Undervalued Now Delphi Digital newsletter writer and crypto analyst @cryptunez has made the bold prediction that the Pepe price rise will continue until it overtakes Shiba Inu as the second largest meme coin. Today with a market cap bac...
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Bitcoin Price Prediction as US Core Inflation Rate is Announced - Where is BTC Going Next? The decision made by Binance, the largest cryptocurrency exchange in the world, to suspend bitcoin withdrawals due to high volumes and increased processing fees has created anxiety among traders and raised doubts about t...
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Elon Musk Shares 'Massive Incentive to Move Money out of Bank Accounts' Tesla and Twitter CEO Elon Musk has shared a “massive incentive” to move money out of bank accounts, citing a significant interest rate gap created by the U.S. Treasury and the Federal Reserve. "As more people & comp...
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Ripple CEO Says Company Spends $200 Million Fighting SEC Lawsuit Over XRP, Ruling Could Come in 3 Months Ripple CEO Brad Garlinghouse has revealed that his company is spending $200 million defending itself against the SEC in its lawsuit over xrp. The executive expects a decision on the lawsuit in three to six months. “If ...
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Mastercard, PayPal, and Robinhood to Facilitate Crypto Adoption through Smoother On-ramps - Here's What You Need to Know The global rise in popularity of cryptocurrencies is fueled by the transition of conventional financial systems to more streamlined digital alternatives. Although, for newcomers, grappling with concepts like hashrate and...
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Bankrupt Crypto Exchange QuadrigaCX Will Start Interim Distribution for Some User, EY Says EY will make the procedure to file the claims public in the coming weeks,
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Brazil Central Bank CBDC Pilot Snubs Crypto Firms

Crypto News - 9 May 2023 15:00
Brazil Central Bank CBDC Pilot Snubs Crypto Firms The Central Bank of Brazil has effectively blocked crypto firms from taking part in its central bank digital currency (CBDC) pilot. The bank this month issued a call for interested firms to join the next phase of its pil...
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Galaxy Digital Posts $134M First-Quarter Profit on Strong Showing for Crypto Market The figure compares with a net losses of $111.7 million in the year-earlier period and $288 million in the fourth quarter.
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Ordinals Upend Bitcoin Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years Several mining pools such as Luxor Technologies and AntPool mined blocks on Monday where fees exceeded Bitcoin's block subsidy of 6.25 BTC.
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Crypto Options Liquidity Provider OrBit Markets Offers Bitcoin and Gold-Hybrid Derivative The company said the product's finalized payoff depends on the joint performance of both BTC and its gold-backed token XAUT.
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President Joe Biden Critiques US President Joe Biden critiqued "wealthy crypto investors" in a tweet on Tuesday discussing what "MAGA House Republicans" want to cut in the federal budget. "We think Congress should cut tax loopholes that help wealthy ...
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SEC Blasted on Custody Proposal by JPMorgan, Crypto Firms and a Fellow Agency The U.S. Securities and Exchange Commission (SEC) went too far when it proposed a new rule demanding investment firms safeguard all of their clients' assets - including crypto - with approved custodians, according to an ...
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President Raisi Calls on Central Bank of Iran to Ditch US Dollar in Trade, Shift to National Currencies Iranian president Ebrahim Raisi has called on the Central Bank of Iran to lay the groundwork necessary to ditch the U.S. dollar for bilateral trade settlements and to make the switch to use the Iranian real whenever poss...
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Bitcoin Network in Flux as BRC-20 Craze Sends Transaction Fees Towards Multi-Year Highs - What Next for BTC Price? The Bitcoin network is in flux amid a surge in the popularity of BRC-20 tokens, a new Bitcoin blockchain-based fungible token standard inspired by the Ethereum blockchain's ecosystem of ERC-20 tokens. The BRC-20 standard...
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Third Time the Charm for a Spot Bitcoin ETF? Cboe Tries Again To Find Out Cboe Global Markets filed a proposal to list and trade shares of a spot bitcoin exchange-traded fund, marking the third time the firm has tried to get US regulatory approval. Cboe BZX Exchange, operated by Cboe, official...
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Aragon Cancels Planned Community Control of $200M Treasury Amid Battle With Activist Investors The Swiss organization alleged investors including Arca were mounting a 51% attack.
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Republican House Majority Whip Alleges Secret Democratic Backing for CBDC Bill Tom Emmer, the Republican Party whip in the US House of Representatives, has claimed that some Democrats secretly supports his anti-central bank digital currency (CBDC) bill. According to Emmer, many members of Congress ...
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Marathon Teams Up With Abu Dhabi's Zero Two for Middle East's First Large-Scale Liquid Cooled Bitcoin Mining The U.S.-based miner is teaming with Zero Two, a digital assets infrastructure development company focused on supporting the power grid of Abu Dhabi.
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Coinbase Works to Fix Wallet Support for Ethereum Staking Withdrawals Stuck in Limbo According to Coinbase's customer support, "Our systems currently do not support deposits to Coinbase ETH addresses from external validators... Funds may be stuck until we are able to support these transactions."
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Kraken Chief Legal Officer and Former CFTC Chair To Testify at Joint House Congressional Hearing Top legal officers and a former regulator are slated to testify in front of US congressional committees on Wednesday to unpack digital asset regulation following ongoing tension between the industry and federal agencies....
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A Eulogy for a Day Trader's Exchange

Coin Desk - 9 May 2023 21:30
A Eulogy for a Day Trader's Exchange Bittrex, a popular exchange during the initial coin offering (ICO) boom, offered users and the crypto industry invaluable lessons in economics and regulatory affairs.
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Worldcoin Launches World App to Bolster Decentralized Identity and Finance for Mass Adoption Worldcoin, the project supported by Openai CEO Sam Altman, has launched the World App to complement the release of World ID. The application aims to democratize decentralized identities and finance by utilizing World ID ...
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