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Cryptocurrency News

Location American Cryptocurrency News for 10 May 2023
Meme Coin Top Performer $SPONGE Price to Explode - Lists on MEXC Exchange Thursday, Plus Another CEX Announcement Wednesday May 10th 2023 - Insurgent meme coin $SPONGE lists on MEXC Global tomorrow, plus a listing announcement from one as yet unnamed exchange, in its bid to flip Pepe. Seychelles-based MEXC Global joins a lengthening...
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Chinese Province Unveils Digital Yuan Adoption Plan & City Says 'All' Buses Now Accept CBDC Chinese provinces are continuing to push digital yuan adoption, with the central bank digital currency (CBDC) set to find new uses in the worlds of education and public transport. Per the media outlet Do News, the coasta...
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Bitcoin trading up 80% at DBS Bank due to crypto crashes in 2022, says exec DBS Bank's crypto trading platform has been attracting more institutional investors due to crypto exchanges that collapsed last year.
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Grayscale Investments Files for 3 New Exchange Traded Funds On May 9, digital currency fund manager Grayscale Investments announced the establishment of the Grayscale Funds Trust and submitted registration filings for three exchange-traded funds with the U.S. Securities and Excha...
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Bitcoin Tends to Become More Volatile Around Monthly U.S. Inflation Releases: Kaiko Monthly U.S. inflation readings influence the Fed policy, which impacts both crypto and traditional markets.
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First Mover Asia: Bitcoin Ticks Up as Congestion Wanes and Investors Ponder the Next Price Spur ALSO: SAM Bankman-Fried's motion to dismiss most charges against him raises questions about the reach of the Commodities Exchange Act.
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US Authorities Extradite UK Citizen Behind 2020 Twitter Hack, SIM Swap Crypto Theft Twenty-three-year-old Joseph O'Connor, known by his handle PlugWalkJoe, was arrested in Spain in 2021.
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Dave Ramsey Dismisses De-Dollarization Concerns -- Says BRICS Currency, Chinese Yuan Can't Take Down US Dollar Personal finance expert and best-selling author Dave Ramsey has dismissed de-dollarization concerns and the prospects of a BRICS currency, the Chinese yuan, or the Russian ruble displacing the U.S. dollar in internationa...
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Bitcoin Moves Sideways at $27.5K as Investors Await CPI Inflation Reading Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision.
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Iran Shuts Down Over 8,000 Illegal Crypto Mining Farms in 3 Years Authorities in Iran have closed down more than 8,000 underground facilities for cryptocurrency mining in the past three years, local media reported. Despite the government's crackdown, illegal crypto mining continues to ...
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Bitboy Token Prediction: Ben Price To Retrace After 1000% Rise, Whilst AiDoge and $SPONGE Pump The newly launched governance token, $BEN is a meme coin project designed for BitBboy's Decentralized Autonomous community, Ben DAO. The token's performance in the past two days before its public announcement represents ...
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Ether Selling Pressure Post-Shanghai Upgrade Was 'Non-Event,' Says Nansen The number of staked ether has climbed to 19.55 million, a new all-time high, as ETH staking deposits surpassed withdrawals.
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Aragon's ANT Rallies After Cofounder Proposes Token Buybacks to End Activist Crisis Aragon's governance crisis began to subside Wednesday after the DAO builder's cofounder proposed buybacks, seemingly siding with a key talking point of activist investors.
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Elon Musk Meme Tweet Causes Milady NFT Price To Almost Double Twitter head Elon Musk caused a particular non-fungible token to spike on Wednesday after tweeting it out to his almost 140 million followers. Musk tweeted a meme of the Milady NFT, which has since swelled in popularity....
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Bitcoin Price Prediction as US Inflation Rate Data is Announced - Will BTC Start Moving Up Now? As the US inflation rate data has been released, the crypto community is eagerly awaiting the impact on the Bitcoin market. With the current state of the global economy, investors have turned to Bitcoin as a hedge agains...
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No Meme Token Launches, Pumps Up 700% Almost Instantly After Elon Musk Tweets There is No Meme Milady NFT The meme coin frenzy continues, with a new name suddenly making significant headway. No Meme Token ($NOMEME), which was only launched around one hour ago, has already pumped more than 700% on Uniswap. The token was launc...
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Bitget Introduces the BRC20 Zone and Lists Ordinals (ORDI) PRESS RELEASE. May 10 2023 Victoria, Seychelles – Bitget, the top derivatives and copy trading platform, has announced the listing of the ORDI token in the newly launched BRC-20 zone and has also revealed plans to brin...
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Bitcoin Prices Crash Suddenly, Rumors of US Govt Holdings Being Sold-Off - What's Going On? Speculation swirled on Wednesday on whether the US government's Bitcoin holdings were being sold off in the thousands. In a tweet, Steven or @Dogetoshi, research director at The Block, found transactions labeled as "Gov:...
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Uniswap Weighs Proposal to Enrich Token Holders, Switch on Liquidity Pool Fees The plan to implement fees on all of Uniswap's version two liquidity pools, and some of its version three pools, would funnel money to the protocol's treasury and token holders.
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Paypal's Latest Report: $1 Billion in Crypto Assets, Holdings Are Predominantly BTC and ETH Payments behemoth Paypal has disclosed in a Form 10-Q financial report filed with the U.S. Securities and Exchange Commission (SEC) that it is holding nearly $1 billion in cryptocurrency assets. This news comes on the he...
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Rehypothecation May Be Common in Traditional Finance, but It Will Never Work With Bitcoin Applying rehypothecation onto bitcoin or crypto ignores the fundamental essence of these assets arising from a core bitcoin innovation, Christopher Calicott writes.
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Bankrupt QuadrigaCX Exchange to Commence 'Interim Distribution' of Funds The bankrupt Canadian crypto exchange QuadrigaCX is set to commence an "interim distribution" of funds to creditors, despite only a fraction of the missing funds being recovered. "In the coming weeks, the Trustee intends...
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