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Cryptocurrency News

Location American Cryptocurrency News for 10 June 2023
Bitcoin price avoids 3-month lows as crypto dive liquidates $390M Bitcoin and altcoins feel the pressure of the week's regulatory bombshells, with BTC price action steadying below the key 200-week moving average.
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Russia's Largest Bank to Allow Retail Investors to Trade Digital Assets Majority state-owned lender Sberbank is preparing to allow Russian citizens to buy and sell digital assets. Private individuals will be provided access to its proprietary blockchain platform as early as this month, a top...
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Chinese Charities Accepting Digital Yuan Donations - More CBDC Firsts to Come? Chinese charities are now accepting digital yuan donations, with the nation's CBDC also breaking new ground in the world of corporate loans. Per the media outlet WXRB, the coastal province of Jiangsu has welcomed its fir...
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Biggest Movers: ADA, MATIC Plunge by Nearly 25%, Following Robinhood Delisting Cardano fell by over 25% on Saturday, as traders continued to react to the token being delisted from the Robinhood platform. The global cryptocurrency market cap is currently down by nearly 6%, following these developmen...
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Binance's Nigeria Unit Ordered to Halt 'Illegal' Operations by Securities Watchdog The order against Binance Nigeria Limited follows U.S. SEC allegations that the exchange had violated federal securities laws.
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Hong Kong Meme Coin $KONG Pumps 1,000%, Trends Above Pepe on DEXTools - Best Crypto to Buy Now? Meme coins are currently gaining a lot of attention and breaking daily trading records with high volumes. One making the rounds is the Hong Kong meme coin which has surged over 1,000% in the past week. This new sensation...
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EU Consumer Watchdog Slams Instagram, TikTok for Enabling Crypto Scams The European Consumer Organization (BEUC) has released a report accusing leading social media platforms including Instagram, TikTok, Twitter, and YouTube of enabling scams related to digital assets. In a 20-page report, ...
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UK Bans 'Refer a Friend' Bonuses With Tougher Crypto Marketing Rules Businesses marketing crypto assets to U.K. consumers will have to abide by stricter advertising rules presented by the country's financial watchdog. These include prohibiting 'refer a friend' bonuses for the industry as ...
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Binance US Halts USD Deposits, Withdrawals -- Asks Users to Withdraw Dollars by June 13 Binance US has informed its users that U.S. dollar deposits have been suspended and USD withdrawals will no longer be processed. The crypto exchange has asked customers to withdraw dollars by June 13 as it transitions in...
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New Meme Crypto $MIKE O'Hearn Token Joins Top Trending Coins In DEXTools Hot Pairs Baby don't rug me? One of the newest meme coins is based on the popular Tiktok and Twitter meme featuring bodybuilder Mike O'Hearn, and it's already a top trending cryptocurrency. $MIKE coin is up 70% in the past 24 hour...
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Binance, Coinbase head to court, and the SEC labels 67 crypto-securities: Hodler's Digest, June 4-10 The SEC sues Binance and Coinbase, and labels dozens of coins as securities. Both the crypto exchanges paused services while promising legal battles in courts.
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AI Chatbots Weigh In: Is Bitcoin Poised to Become a Global Reserve Currency? While some people believe that bitcoin (BTC) could become a global reserve asset, others are skeptical. Rather than relying on human subjective valuations and biases, we conducted an experiment to let artificial intellig...
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Crypto Price Crash: SOL, ADA, MATIC, SHIB Plummet 20% Overnight - What is Going On? Cryptocurrencies from some of the top blockchains on the market have lost over 20% of their values overnight as the prominent financial services company, Robinhood, announced it would be delisting the Cardano (ADA), Poly...
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Can Just 100 XRP Make You A Millionaire? That's What This Insane Ripple Price Forecast Says This article originally appeared on coincierge.de. Can you become a millionaire with Ripple's XRP? At the time of writing, the value of one XRP token is approximately $0.50. To hold XRP worth one million dollars, investo...
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Smart Contract Tokens and Defi Sector Suffer Steep Losses, Threatening TVL to Fall Below $40 Billion The overall value of the crypto economy has dropped by more than 5% against the US dollar in the past 24 hours, with the top smart contract token sector losing more than 8% in the same time frame. The downturn has also a...
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Court Supports FTX's Request to Remove Customer Names from Bankruptcy Filings Bankrupt cryptocurrency exchange FTX has secured court permission to remove the names of its customers from all filings in its bankruptcy case. The US Bankruptcy Judge John Dorsey in Wilmington, Delaware, has concluded t...
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EU needs further efforts to implement crypto regulations: Btc. x CEO The CEO of Btc. x mentioned the possibility of governments deeming the MiCA framework inadequate, leading to a two-sided power dynamic.
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Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as Traders Digest SEC's Crypto Crackdown Bitcoin moved below the $26,000 level to start the weekend, as bearish pressure intensified following a week of turbulence. Sentiment in the market once again shifted, as traders liquidated their positions on the back of...
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Bitcoin Price Prediction as BTC Bounces From $26,000 Support Level - Is the Sell-Off Over? Bitcoin, the leading cryptocurrency, has recently experienced a bounce from the crucial support level of $26,000. This development has sparked speculation and inquiries about whether the sell-off in Bitcoin has ended. Th...
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Ungodly Amount of SEC, Some Binance & Coinbase, Bit of Apple and 20 Crypto Jokes So, this week in crypto we had, let's see, the SEC. We had a lot of the SEC. The SEC was everywhere. The SEC woke up and chose violence. And the Cryptoverse responded. ...
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Founder of SEC Office of Internet Enforcement Warns of Upcoming Regulatory Siege: 'Get Out of Crypto Platforms Now' John Reed Stark, founder and former chief of the Office of Internet Enforcement of the U.S. Securities and Exchange Commission (SEC), has warned about a new regulatory “siege” against crypto platforms. Reed Stark bel...
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Millions in Polygon's MATIC Tokens Were Sent to Binance and Coinbase Ahead of 30% Slide, Data Shows "Altcoins can crash this weekend even more as trading volumes are thin and market makers such as Binance have become less active," one crypto firm warned.
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