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Cryptocurrency News

Location American Cryptocurrency News for 11 May 2023
Meet 'Dencun.' Ethereum Developers Are Already Planning Next Hard Fork The next major upgrade for the blockchain will include "proto-danksharding," though developers are still deciding what else to include in the hard fork.
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How the IRS seized $10B worth of crypto using blockchain analytics A public-private partnership with blockchain analytics firm Chainalysis has played a key role in helping the Internal Revenue Service solve cryptocurrency-related crimes.
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Pepe's market cap sinks $1B in 5 days, some whales are still buying Pepe has witnessed a 56% decline over the past 5 days, wiping a billion dollars from its total market cap.
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Grayscale Seeks ETF Expansion Amid Ongoing Legal Battle over Spot Bitcoin Fund In a sign of dedication to its efforts to launch a spot Bitcoin Exchange Traded Fund (ETF) in the US, Grayscale Investments is trying a new approach. The digital asset manager, currently the world's largest, announced on...
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'Smart Money' Traders Reduce Pepecoin Holdings by $3M as Meme Coin Mania Cools PEPE token has dropped 63% since last week, when it reached a $1.8 billion market capitalization after a staggering rally.
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New wallet uses Amazon hardware security modules to eliminate seed words The newly launched crypto wallet by Kresus requires users to sign in with "magic links," meaning password hashes don't need to be stored.
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Bitcoin bears need BTC price to go below $27K ahead of Friday's $900M options expiry Bitcoin price giving up ground over the past week to slide below $28,000 has put bears in a better position for Friday's expiry.
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Pepe Slips But $NOMEME Pumps 700% After Elon Musk Milady NFT Tweet NoMeme ($NOMEME) Token was launched shortly after Elon Musk tweeted a Milady NFT image and its price pumped 700% in its first hour and a half of existence. The new coin is now trading at $0.0003025 on decentralized excha...
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Ethereum Mainnet Was Unable to Fully Finalize Transactions for 25 Minutes Developers resolved the finalization issues and are investigating what caused the outage.
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US House Financial Services Committee Chair Rep. McHenry Accuses SEC Chair of Avoiding Answering Questions House Financial Services Committee Chair Patrick T. McHenry accused US Securities and Exchange Commission Chair Gary Gensler of avoiding requests for information about cryptocurrency-related matters, going so far as to t...
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Binance Criticizes US Crypto Regulations, Eyes UK for Better Oversight Major crypto exchange Binance has criticized crypto regulations in the US, calling on the country to follow in Europe's footsteps and provide clearer rules. Speaking at the Financial Times' Crypto and Digital Assets Summ...
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Bitcoin Edges Below $27K as Latest Bank Crisis Fails to Trigger Price Increase BTC has been trading largely below the psychologically important $30,000 mark since late April, as investors wrestle with recent bank sector debacles and other macroeconomic uncertainties.
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Bitcoin Price Prediction as Bulls Keep BTC Above $27,000 Support - What is the Next BTC Target? Bitcoin's price has been a topic of great interest and speculation as bulls manage to maintain its value above the crucial $27,000 support level. This resilience has sparked curiosity about the next target for BTC and wh...
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McHenry to U.S. SEC: Which Crypto Firms Have Tried to Register? The U.S. Securities and Exchange Commission (SEC) has so far disregarded congressional requests for information on its interactions with crypto platforms seeking registration as exchanges, according to Republican lawmake...
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Bitcoin Miner Marathon Receives Second SEC Subpoena in Connection to Montana Mining Facility Investigation Marathon Digital Holdings, a publicly-listed bitcoin mining company, has recently revealed that it was served with a subpoena by the U.S. Securities and Exchange Commission (SEC) in relation to an investigation concernin...
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Decentralized Exchange Uniswap Trading Volume Outpaces Coinbase for 4th Consecutive Month Uniswap, the decentralized exchange, outpaced centralized exchange Coinbase in April.
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S&P Global Finds Ties Between Crypto and Macroeconomic Changes in Latest Report Cryptocurrency is still tied to the effects of macroeconomic changes despite drivers such as technology and market sentiment, according to S&P Global's latest report. The authors of that US-focused report looked into how...
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Bitcoin Will Probably Retest $25K But Bears Beware, On-chain Indicators Suggest BTC Price in Early-Stage Bull Market Bitcoin (BTC)'s short-term technical outlook is not looking good. The world's first and largest cryptocurrency by market capitalization has now pulled more than 13% lower versus the yearly highs it printed back in April ...
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Polychain Snubs Lucrative Crypto Arbitrage, Prepares to Trade $6M of ROOK Token on Uniswap Crypto hedge fund Polychain motioned to sell up to $6 million of $ROOK tokens via Uniswap, upending the calculus behind a savvy DeFi trade.
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Tether Announces Q1 Profit of $1.48 Billion and Discloses Bitcoin, Gold Reserves Stablecoin issuer Tether has announced a profit of $1.48 billion for the first quarter of this year, after rising interest rates helped the company earn higher returns on its massive reserves. In addition to announcing t...
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What's the Reality of Crypto in Crime?

Coin Desk - 11 May 2023 19:57
What's the Reality of Crypto in Crime? The DOJ's Eun Young Choi said the agency is constantly finding crypto connections in its criminal investigations. But how deep does the problem go and how much should we blame the blockchain?
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The White House's Bitcoin Mining Tax Undermines Itself Imposing a levy on mining in the U.S. will send the industry overseas, increasing emissions while depriving the grid of a useful form of "demand response," says Nic Carter.
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