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Cryptocurrency News

Location American Cryptocurrency News for 13 May 2023
IMF Warns of 'Very Serious Repercussions' if US Defaults on Debt Obligations The International Monetary Fund (IMF) has warned of “very serious repercussions” to both the U.S. and the global economy if the U.S. defaults on its debt obligations, which could be as soon as June 1. "We are calling...
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Ethereum Network Recovers after Two Consecutive Performance Issues Reported in 24 Hours The Ethereum network has recovered after suffering from two performance issues in the past 24 hours that resulted in blocks not being finalized. In a Friday tweet, pseudonymous Ethereum developer Terence.eth revealed tha...
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Award-Winning Green Web3 Start-up Ecoterra Raises $3.5 Million as Investors Swoop In Ahead of 10% Price Rise Award-winning green web3 start-up ecoterra's presale continues to fly, with sales of its native $ECOTERRA token having now surpassed $3.5 million as investors swoop in ahead of a 10% token price rise. Ecoterra is buildin...
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Coinbase screws up, Florida bans CBDCs, and Ordinals face controversy: Hodler's Digest, May 7-13 Calls for a boycott of Coinbase over memecoin controversy, Florida's ban on CBDCs, and the effects of Bitcoin Ordinals on the BTC network.
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Ethereum Patch Set to Fix Transaction Finality Challenges After Second Bout Disrupts Network On Friday, Ethereum’s Beacon chain encountered yet another bout of transaction finality challenges, reminiscent of the glitch experienced on May 11, 2023. For over an hour, the blockchain stopped the process of finaliz...
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Tether's Market Cap Inches Towards All-Time High as Competitors Struggle With Redemptions Despite several U.S. dollar-pegged digital tokens experiencing notable redemptions in recent months, the largest stablecoin by market valuation, tether, is on the verge of achieving its highest-ever market capitalization...
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Ordinals and BRC-20 will disappear in a matter of months, JAN3 CEO says The hype around Bitcoin Ordinals and BRC-20 tokens is unsustainable and will fade away in a matter of months, according to JAN3 CEO Samson Mow.
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Quadriga CX Customers to Finally Receive Payout: Creditors to Get 13% per Dollar EY, the global accounting and professional services organization, released a long-awaited update on Friday for the creditors of Quadriga CX. The Canadian cryptocurrency exchange, which had sought bankruptcy protection in...
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CBDCs Banned in Florida as Governor Ron DeSantis Signs New Bill Florida Governor Ron DeSantis has signed a new bill banning central bank digital currencies (CBDCs) in the state. The bill, dubbed SB-7054, bans the use of a CBDC as money within the state of Florida. It also prohibits t...
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Biggest Movers: SOL up 5%, as LINK Breaks Key Resistance Level on Saturday Solana rose by as much as 5% in today's session, as cryptocurrencies began to recover from Friday's red wave. The global market cap was up by nearly 2% at the time of writing. Chainlink also rose, moving back above a key...
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BTC price bounces at $25.8K lows amid warning over low whale interest Bitcoin traders line up "safe" support levels, but order book data makes one observer uneasy about the future.
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Bitcoin Price Prediction as BTC Bounces Up from $25,800 Support Level - Where is the Next BTC Target? As Bitcoin experienced a bounce-back from the $25,800 support level, investors are eagerly anticipating the next move for the leading cryptocurrency. With market sentiment shifting, experts are now examining the potentia...
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Bitcoin, Ethereum Technical Analysis: BTC Rebounds From 2-Month Low, as Bulls Enter the Market Bitcoin bounced back from a near two-month low on Saturday, as bulls moved in to buy the recent dip in price. Saturday’s move came as the cryptocurrency rebounded from a recent support point, after yesterday’s breako...
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Pepe Coin Price Pumps 33% - AiDoge.com and $SPONGE Next Meme Coins to Explode? Pepe coin price is pumping 33% at $0.000001644, as the weekend market flashes green, especially where meme coins are concerned, as with $SPONGE and AiDoge.com also climbing. Only a month old Pepe has delivered a 2,777% r...
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Leaked Memo Suggests Democrats on US House Committee Were Told to Support Party Position on Crypto Regulation Democratic Party members of the U.S. House Committee on Financial Services were handed a memo instructing them to back the party’s position on crypto regulation moments before the commencement of the hearings on May 10...
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Ecoterra Presale Surpasses $3.5 Million as Investors Rush to Buy Before a 10% Price Gain Ecoterra, an award-winning green Web3 project, has a presale that continues to attract much interest. The presale has already raised over $3.5 million, with investors rushing to buy ahead of a 10% price increase during t...
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Tamadoge Partners With Viral Meme Coin SpongeBob Amid Significant Gains Tamadoge, one of the top projects in the Web3 industry, has partnered with the viral meme coin project from SpongeBob. The partnership will allow the Tamadoge community to access SpongeBob's exclusive token airdrop known...
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Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics of the country, falling below expectations. Some analysts are already warning about t...
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yPredict Raises Over $930,000 as Investors Await the Next 28.5% Price Gain The yPredict presale is garnering much interest from crypto investors. The token offers a unique approach as it supports AI-powered trading and market intelligence. The project is powered by its native token YPRED, whose...
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Binance to Withdraw From Canadian Market Due to Regulatory Climate Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian market.” The company thanked the regulators who worked with them and...
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Over 440,000 Ethereum Added to Liquid Staking Derivatives in Two Weeks In less than two weeks, the total value locked (TVL) in liquid staking derivatives has increased by 441,110 ether, worth roughly $793 million. While Lido Finance dominates the market with 74.35% of the TVL, competing liq...
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Governor Ron DeSantis Signs Bill Prohibiting Use of Central Bank Digital Currencies in Florida On Friday Florida's governor Ron DeSantis signed legislation that bans the use of a central bank digital currency (CBDC) in the state. Following the bill SB 7054 being signed into law, Florida's Uniform Commercial Code (...
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