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Cryptocurrency News

Location American Cryptocurrency News for 21 June 2023
Binance Labs, CoinFund Lead $10M Round for Smart Contract Infrastructure Firm Neutron The startup provides smart contract infrastructure for the Cosmos ecosystem.
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Crypto Sites Are Naming Fake Dispute Resolution Organizations: Canada's Securities Regulator Most organizations the regulator mentions have little or no online presence and, with one exception, aren't working with any major crypto platforms.
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First Mover Americas: Bitcoin Rallies as TradFi Players Jump Into Crypto The latest price moves in bitcoin (BTC) and crypto markets in context for June 21, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
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Right to Pay With Cash Enshrined in Constitution of Slovakia Amid Digital Euro Fears A member of the eurozone is amending its constitution in order to guarantee citizens the right to cash payments. The move comes amid growing fears that a digital version of the common European currency may eventually bec...
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Bitcoin Price Spikes to $138K on Binance.US

Coin Desk - 21 Jun 2023 11:39
Bitcoin Price Spikes to $138K on Binance.US The exchange's market depth has declined nearly 80% over the past month on regulatory woes.
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Bitcoin ETF Race Intensifies as WisdomTree and Invesco Both File Submissions Within 24 Hours Joining BlackRock The competition to launch a spot Bitcoin exchange-traded fund (ETF) in the US has intensified, with Invesco and WisdomTree filing submissions with the Securities and Exchange Commission for their own Bitcoin ETFs. On Tue...
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FTX's Bankruptcy Fees Already Topped $200M, Court Examiner Says Transforming a 'smoldering heap of wreckage' can cost good money, Katherine Stadler said.
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Bitcoin, Ether Fall Outside Howey Test Criteria

Coin Desk - 21 Jun 2023 20:09
Bitcoin, Ether Fall Outside Howey Test Criteria As a result, the SEC's regulatory scrutiny may be more limited in scope.
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Crypto Exchange Backed by Fidelity, Schwab, Citadel Launches With Trading of 4 Cryptocurrencies The cryptocurrency exchange backed by Charles Schwab, Citadel Securities, Fidelity Digital Assets, Paradigm, Sequoia Capital, and Virtu Financial has launched and completed a new funding round. The platform offers the tr...
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Gold to $2,100 -- Investment Management Firm Says Gold to Be Key Instrument in New Financial Order Central banks, particularly those in emerging economies, are ramping up their gold reserves in preparation for a new monetary regime, signaling a potential loss of reserve currency status for the U.S. dollar, according t...
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Reviewing the Tether Documents

Coin Desk - 21 Jun 2023 22:45
Reviewing the Tether Documents Last week, CoinDesk received documents in response to a New York state Freedom of Information Law request about the details of Tether's reserves. These documents were released two years after our original filing in 2021 ...
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A Straightforward Explanation for Why Financial Giants Want to Issue a Spot Bitcoin ETF Hint: It has to do with making money.
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Raft's R Stablecoin Surges as Traders Embrace Liquid Staking Ether Products While Raft is centered around its R stablecoin backed by Lido's stETH, the team has had ongoing conversations about introducing RAFT, an additional token intended to empower community members and help decentralize the pr...
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NFT Creation Platform Zora Launches Creator-Focused Layer 2 Zora Network aims to make minting on its platform "faster, cheaper and more enjoyable," according to a press release.
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Exploring the World of Rare Satoshis: Collectors Embrace the Value of Unique Bitcoin Artifacts With 13 million Ordinal inscriptions linked to the Bitcoin blockchain, enthusiasts have turned their attention to a distinct digital artifact subject known as “rare satoshis” or “satributes.” The latest trend inv...
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Price analysis 6/21: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT Bitcoin's price surged to $31,000 as a handful of BTC spot ETF applications and Fed Chair Jerome Powell's views on stablecoins appear to have improved crypto investors' view of the market.
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Bankrupt Hedge Fund 3AC's Return as a VC Stirring Up Crypto Community 3AC co-founder Kyle Davies told CoinDesk that the new entity aims to provide support for projects that are building for a decentralized future, but skeptics have recalled the original firm's tainted past.
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Hong Kong Should Follow Singapore, Japan in Crypto: Government Study A government study conducted by the Research Office at Hong Kong's Legislative Council has suggested that the city should take cues from countries like Japan and Singapore in its efforts to develop and embrace Web3 techn...
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Bitcoin Price Prediction as Sky News Claims 21 Million BTC Supply Seized From Andrew Tate Worth $400 Million - What's Going On? In a surprising turn of events, Sky News reported the seizure of a staggering 21 million Bitcoins from Andrew Tate, with a total value of $400 million. This development has sent shockwaves through the cryptocurrency comm...
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Circle Restarts U.S. Treasury Purchases in BlackRock-Managed USDC Reserve Fund Repurchase agreements will keep being part of the reserve fund, Circle's chief financial officer said Wednesday during a company call.
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Web3 Investments: The Perfect Hedge Against Disruption, Says Corporate VC Web3 investments are being touted as the perfect hedge against disruption in the tech industry, according to Martin El-Khouri, a senior director at venture capital firm Bertelsmann Investments. Despite the regulatory cha...
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Monetary Authority of Singapore Proposes Protocol for Digital Money, Includes CBDCs and Stablecoins Singapore's central bank has proposed a whitepaper on purpose-bound money (PBM), a protocol that will define benchmarks for the use of digital money including central bank digital currencies (CBDCs) and stablecoins. ...
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