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Cryptocurrency News

Location American Cryptocurrency News for 25 May 2023
Bitcoin Options Market Signals Weakness over 6 Months Amid Debt Ceiling Drama The renewed bias for bitcoin puts is consistent with the increased demand for downside protection seen in the options market tied to S&P 500.
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Turbo, Capo Price Crash After Listed on OKX, Bybit - 4 New Presales to Watch With 10x Potential Since listing on OKX and ByBit, one of the world's largest centralized cryptocurrency exchanges, four days ago, both Turbo Coin (TURBO) and Il Capo of Crypto (CAPO) token have fallen sharply. TURBO, a meme coin created b...
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Crypto Exchange Hotbit Says 'Deteriorating Conditions' Forced It to Stop Operations China-headquartered cryptocurrency exchange, Hotbit, said on May 22 it had made the decision to halt “all cex operations.” The crypto exchange pointed to the “continuous outflows of funds from cex [centralized exch...
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Elon Musk Discusses Creating AI Giant to Challenge Google, Microsoft -- Suggests Twitter and Tesla Could Play a Role Tesla CEO Elon Musk says "there should be a significant third horse" in the artificial intelligence (AI) race besides Microsoft and Google. The billionaire suggested that his companies Tesla and Twitter could partner wit...
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IRS Sends Experts Next Month Around the World To Combat Cybercrime With a Focus on Crypto The US Internal Revenue Service will deploy experts next month to four continents to combat cybercrime, with a particular focus on tax and financial crimes that use cryptocurrency. That is part of a pilot program the IRS...
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Bitpanda Partners With Coinbase to Help Europe's Banks Offer Crypto to Customers Coinbase will use Bitpanda Technology Solutions, a business-to-business infrastructure layer provider, to connect directly into banks and fintechs.
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Crypto Hacks Plunge 70% in Q1 2023, Victims Recover Over Half of Stolen Funds, but Experts Warn of Temporary Relief On May 22, 2023, a report released by the blockchain analysis firm TRM Labs delved into nearly 40 hacks and assaults on cryptocurrency projects within the first quarter, discovering a 70% decline in incidents over the pr...
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Florida Gov. Ron DeSantis Runs for President, Promises To Protect Bitcoin U.S. presidential candidate Ron DeSantis promised to protect bitcoin when announcing his bid for presidency this week. DeSantis announced his run for president during a Twitter space on Wednesday, hosted in part by billi...
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Silver Set to Shine: Citigroup Analysts Forecast $30 Value in Next 6-12 Months Citigroup analysts foresee a significant increase in silver’s value, potentially hitting $30 per unit within the next 6-12 months, according to the multinational bank’s latest silver assessment. The experts at Citi p...
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Crypto Exchange Coincheck's Nasdaq Listing Could Be Delayed Again A merger with Thunder Bridge Capital may not be completed by a July 2 deadline, potentially causing a further year's delay.
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Coinbase-backed motion makes 4 key arguments to lift Tornado Cash sanctions According to the filing, the Treasury lacks the authority to prohibit Tornado Cash and transactions associated with it.
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Chinese President Xi Jinping Says China Ready to Strengthen Cooperation With Russia Chinese President Xi Jinping has stated that China is ready to strengthen cooperation with Russia. The two nations reportedly want to “develop and establish a bigger regional market” while ensuring “a more stable a...
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First Mover Asia: Bitcoin Holds Below $27K Amid Macro Uncertainties ALSO: Market maker Flowdesk is looking to expand in the U.S., even as a number of major crypto firms, including Coinbase, have lost enthusiasm there because of ongoing regulatory uncertainties.
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Venezuela Seeks to Regain Control of More Than $1.8 Billion in Gold After Interim Government Dissolves The government of Venezuela is seeking to regain control of more than $1.8 billion in gold deposited in the vaults of the Bank of England. Officials of Maduro’s government appealed to the London Court of Appeals that t...
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AGIX Price Prediction as AI Cryptos Gain Momentum

Crypto News - 25 May 2023 23:28
AGIX Price Prediction as AI Cryptos Gain Momentum AI cryptos are taking off amid ongoing breakthroughs and positive news in the AI space. SingularityNET (AGIX) is experiencing an impressive gain of almost 10% in the past 24 hours, for example, and is currently the secon...
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5 Best Trending Coins on Dextools Today

Crypto News - 25 May 2023 23:20
5 Best Trending Coins on Dextools Today Crypto meme coin markets remain in a state of frenzy, with new coins popping up every day and many surging as investors hunt out the next major meme coin success story. Here are the top five trending Ethereum-based ERC-2...
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U.S. Presidential Candidate Ramaswamy Takes Potshot at DeSantis Bitcoin Remark The largest cryptocurrency is suddenly a talking point in the 2024 race, after Florida Governor Ron DeSantis declared he would "protect the ability to do things like Bitcoin" during the launch of his campaign on Twitter ...
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DCG Sunsets Trade Execution, Prime Brokerage Unit TradeBlock The crypto conglomerate suffered a loss of more than $1 billion last year.
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Bitcoin Lingers Below $26.5 Amid Debt Ceiling Worries Unemployment and productivity data arrived stronger than expected but investors seemed focused narrowly on the ongoing negotiations that will determine if the U.S. government has to default on its debts.
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Etonec and Mina Foundation to Create ZK-Powered Compliance Tool By Year's End The product is designed to enable DeFi and Web3 communities to comply with regulations while maintaining community members' privacy.
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CoinDesk at 10: The Ghost of Libra Lives On

Coin Desk - 25 May 2023 22:36
CoinDesk at 10: The Ghost of Libra Lives On Facebook's ambitious 2019 stablecoin project never went live. But it sure left a lasting impression. This feature is part of our CoinDesk Turns 10 series looking at the biggest stories in crypto history.
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This bearish technical pattern hints at a double-digit drop in Bitcoin price Inflation concerns and the U.S. debt standoff cast a long shadow over Bitcoin's dwindling bullish prospects.
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