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Cryptocurrency News

Location American Cryptocurrency News for 3 June 2023
Crypto Lender Celsius' $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days The embattled crypto lender's ETH staking maneuver could potentially lengthen the waiting time to activate new validators in the Ethereum network to 44 days, one observer noted.
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BRICS Nations to Encourage Use of Local Currencies in Trade Countries in the BRICS bloc intend to encourage the use of local currencies in cross-border trade, their foreign ministers revealed. The top diplomats, who met in South Africa, also emphasized the importance of financial...
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Peter Schiff Twitter Apparently Hacked, Shills Gold Crypto, Son Spencer Warns The Twitter account of Bitcoin critic Peter Schiff was found advertising a gold-branded token as a result of an apparent hacking. His son, crypto enthusiast Spencer Schiff, warned users in a tweet not to follow the link ...
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More China CBDC Public Transport Options Unveiled - Digital Yuan Readies Asian Games Debut Digital yuan payment adoption is stepping up in China ahead of the Asian Games, with venue cities rolling out a range of central bank digital currency (CBDC) transport options. Per Shanghai Securities News, preparations ...
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Tanzanian Central Bank Says Forex Restrictions Intended to 'Safeguard the Stability of the Financial System' The Tanzanian central bank said on May 31 that foreign currency dealers are required to trade all transactions that exceed $1,000,000 within “interbank foreign exchange market prevailing quoted prices.” According to ...
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Economist Larry Summers Urges Fed to Consider Half-Point Rate Increase in July Larry Summers, the American economist and former U.S. Treasury Secretary, believes that should the U.S. Federal Reserve refrain from increasing the benchmark interest rate this month, a half-point rate hike may be necess...
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Musk's alleged price manipulation, the Satoshi AI chatbot and more: Hodler's Digest, May 28 - June 3 DOGE investor lawsuit against Elon Musk, the Satoshi Nakamoto chatbot, and the ongoing crypto debanking worldwide.
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FTX Exchange Objects to Prolonged Mediation Talks with Bankrupt Genesis - Here's the Latest FTX and its affiliates have objected to extending court-mediated settlement talks for bankrupt crypto lender Genesis. In a recent court filing, FTX said it had not been invited to a court-appointed mediation in May that ...
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While Markets Consolidate, Value of Bitcoin's BRC20 Token Economy Has Risen Over 1,500% in 39 Days During the past week, while bitcoin has been less volatile, the BRC20 token economy has been coasting along just below the $500 million range, and today it stands at $475.05 million. Statistics show that BRC20s have incr...
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Breaking - Atomic Wallet Hacked, Crypto Analyst ZachXBT Investigates Reports are emerging that Atomic Wallet has been hacked and user funds compromised, with some victims having their entire balance drained. Earlier today, June 3rd, @AtomicWallet tweeted: On-chain sleuth ZachXBT, who has ...
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Coinbase: AI and Crypto Merging Represents a Major Opportunity Coinbase has released a research report stating that the intersection of artificial intelligence and blockchain represents a major opportunity for entrepreneurs. In a Thursday report, the largest US-based cryptocurrency ...
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Mysterious Disappearance of Multichain CEO Sends Shockwaves Through Crypto Community Four days ago, on May 31, 2023, the cross-chain protocol Multichain announced on Twitter that the team has been unable to locate the firm’s CEO. As a result, controls to several blockchain network routers have been imp...
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Biggest Movers: TRX Hits 1-Year High, Following Integration on Ethereum Network Tron rose to a one-year high to start the weekend, as founder Justin Sun confirmed an integration to the ethereum blockchain network. In a tweet, Sun said, “TRON has now expanded its reach by going live on the Ethereum...
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Pick Or Rick ($RICK) Token Trends Above $PEPE On DEXTools With Elon Musk Tweet - Meme Coin Insider Trading? An episode of Adult Swim's cartoon Rick and Morty has inspired the latest meme coin on Uniswap, with the apparent help of an Elon Musk tweet - Pick Or Rick (RICK) token. The RICK/WETH pair made the top ten list of hot pa...
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Rivaling Visa, Skyrocketing Trezor, Binancing All and 20 Crypto Jokes This week in crypto: Ethereum transaction volume rivaled Visa as blockchain transactions soared, Tether saw its market capitalization hit a new record high, a long-forgotten Ethereum ICO wallet resurfaced with $15 millio...
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Cathedra Bitcoin Unveils Plans for Off-Grid Bitcoin Mining in Texas On Friday, Cathedra Bitcoin Inc. announced a partnership with 360 Mining, revealing plans to deploy mobile data centers and application-specific integrated circuit (ASIC) bitcoin miners at 360 Mining’s off-grid locatio...
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Coinbase CEO Brian Armstrong: China Will Benefit From Restrictive US Crypto Policies Coinbase CEO Brian Armstrong has stated China will be one of the biggest beneficiaries of how the U.S. is approaching cryptocurrency regulation. According to Armstrong, the current regulatory system drives cryptocurrency...
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Bitcoin Price Prediction: BTC Surges Above $27,000; Key Level to Monitor Today In a significant bullish move, the price of Bitcoin (BTC) has surged above the $27,000 level, capturing the attention of cryptocurrency investors and traders. This upward movement has sparked optimism and speculation abo...
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Cuban President: Ditching US Dollar Frees Countries From Sanctions and Aggression Cuba's president, Miguel Diaz-Canel, says the U.S. dollar’s global reserve currency status enables the United States to pursue an "aggressive hegemonistic policy of building walls, imposing punitive sanctions, blackmai...
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US Dollar Will Lose Dominant Status, China and India Could Play Key Role in Currency Shift, Says Economist Lord O'Neill Lord Jim O’Neill, the British economist credited with coining the acronym BRIC, has explained that the U.S. dollar will lose its dominant status. He expects the Chinese yuan and possibly the Indian rupee to become "muc...
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Draft Legislation From House Republicans Drums Up Support From Crypto Advocates New draft legislation is drumming up support among cryptocurrency advocates who cheered its focus on defining what constitutes a security versus a commodity. Republican lawmakers teamed up on Friday in the US House Finan...
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