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Cryptocurrency News

Location American Cryptocurrency News for 17 May 2023
'One of the greatest' Bitcoin metrics says BTC price bull run is here Cast aside short-term BTC price weakness to focus on the bigger investment trend, says on-chain analyst Philip Swift.
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US Dollar's Importance Declining in International Transactions and as Reserve Currency, Economist Says A Canadian economist and professor at the University of British Columbia says the role of the U.S. dollar in international trade and as a reserve currency has been declining. "Other currencies have been getting more impo...
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Billionaire Justin Sun Accuses Huobi Founder's Brother of Illegally Profiting from Tokens - What's Going On? Precocious billionaire tech and crypto entrepreneur Justin Sun just accused the brother founder of the world's 13th largest cryptocurrency exchange by trading volumes Huobi of having illegally profited from HT token sale...
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US SEC Says Filecoin Is a Security in Comment Letter to Grayscale The US Securities and Exchange Commission determined that Filecoin is a security, according to a statement released by asset manager Grayscale Investments. In a press release sent on Wednesday afternoon, the digital curr...
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Biggest Movers: DOGE, XRP Hit 1-Week Highs, Despite Wednesday's Crypto Red Wave Dogecoin rose to a one-week high on Wednesday, despite cryptocurrency markets mostly moving lower. As of writing, the global crypto market cap is trading nearly 1% lower. Xrp also surged, climbing by over 6% in today’s...
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SEC Can't Seal Docs Tied to Hinman's Ether Speech, Judge in Ripple Suit Rules The SEC and Ripple have sparred for months over a set of documents related to Bill Hinman's 2018 speech on securities law and ether.
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This Metric of Bitcoin (BTC) Price Momentum Just Fell to its Lowest Since March - Is Now a Good Time to Buy? A key metric that measures momentum in the Bitcoin price just fell to its weakest level since March. Last week, Bitcoin's Z-score to its 200-Day Moving Average fell under 1.0, where it has remained more or less ever sinc...
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Axie Infinity Origins Breaks Through Apple's App Store Barrier, Now Accessible to Select iOS Users Axie Infinity Origins, the blockchain-based, play-to-earn (P2E) game, has successfully cleared Apple’s rigorous App Store review process and the game's app is now available for Apple iOS users. Sky Mavis, the creator b...
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The Blocksize Wars Revisited: How Bitcoin's Civil War Still Resonates Today Amid climbing transaction fees and increased development activity, bitcoiners are warring over the future of the network. Is this a replay or a result of the so-called Blocksize Wars.
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Filecoin Price Drops After SEC Asks Grayscale to Withdraw FIL Trust Application The U.S. Securities and Exchange Commission (SEC) asked Grayscale to withdraw its application to launch a Filecoin Trust product, the company revealed Wednesday.
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USDC Issuer Circle Moves $8.7B to Repo Agreements to Protect Reserves From U.S. Government Default Circle's reserve fund has ditched Treasury bills that mature beyond May 31, rotating assets to cash and overnight repurchase agreements instead, a company spokesperson said.
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The Risks and Rewards of High-Frequency Crypto Trading High-frequency trading can be lucrative in newer markets like crypto, but HFT is not without its unique risks.
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Citadel Securities Suing Two Former Employees After They Left To Form a Crypto Firm Citadel Securities is suing two former employees after they left to form a cryptocurrency market-making firm. One of the world's largest market makers claims that Leonard Lancia and Alex Casimo started raising capital an...
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Ethereum Briefly Stopped Finalizing Transactions. What Happened? The loss in finality meant that blocks could have been tampered with, and while it isn't supposed to affect end-user experiences, it did lead to some inconveniences for some applications.
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Bitcoin Price Prediction as BTC Spikes Up 4% From Recent Bottom - Where is the Next BTC Target? Bitcoin, the leading cryptocurrency, has experienced a significant spike of 4% from its recent bottom. This upward movement has sparked curiosity among investors and traders who are now eager to know where Bitcoin's pric...
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US Secret Service has an NFT collection: Nifty Newsletter, May 10-16 Elon Musk's May 10 tweet featuring Milady NFT artwork drove the floor price to 7.3 ETH before settling at 5.69 ETH.
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Ledger Hardware Wallet Addresses Criticism, Stands by New Wallet Recovery Service - What's Going On? The popular hardware wallet maker Ledger has addressed some of the concerns from the community, after it introduced a new and controversial wallet recovery service. In a video posted on Tuesday, Ledger's chief technology...
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Price analysis 5/17: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC Bitcoin and most major altcoins are selling off on rallies, proof that investor sentiment remains negative in the short term.
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Berenberg Investment Firm Analyst Sees MicroStrategy as Safer Bet than Coinbase Due to SEC Risk An analyst at Berenberg investment firm believes MicroStrategy is now a safer bet compared to Coinbase due to the exchange's regulatory issues. Mark Palmer, an equity research analyst at Berenberg Capital Markets, said t...
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Crypto.com adds Pay support for MATIC, USDC and DAI

Coin Telegraph - 17 May 2023 19:30
Crypto.com adds Pay support for MATIC, USDC and DAI The cryptocurrency exchange's DeFi wallet and Pay service launched a new update adding support for more countries and tokens.
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Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets The assets include a loan portfolio, mining rigs and infrastrsucture and cryptocurrency worth as much as $2 billion.
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Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’...
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