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Cryptocurrency News

Location American Cryptocurrency News for 25 June 2023
US Treasury Secretary Defends Dollar Dominance as Emerging Markets Push to De-Dollarize U.S. Treasury Secretary Janet Yellen has defended the dominance of the U.S. dollar amid rising efforts by emerging countries to de-dollarize. Brazilian President Luiz Inácio Lula da Silva, in particular, is set to raise...
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Bitcoin Price Prediction as $10 Billion Trading Volume Floods In On the Weekend - Are Whales Buying? Bitcoin has experienced a significant surge, reaching the $31,250 level and marking a nearly 15% increase in its value. This dramatic uptrend has caught the attention of investors and analysts alike, leading to speculati...
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Robert Kiyosaki Shares Simple Way to Tell if Economy Is in Recession Rich Dad Poor Dad author Robert Kiyosaki has shared a very simple way of telling whether an economy is in a recession. "There is a lot of hot air about ‘Are we in a recession or not.’ The answer is simple," the famou...
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Crypto Firm Wintermute Entangled in Lawsuit Against Celsius Network Creditors of the bankrupt landing firm Celsius have amended their lawsuit to include Wintermute. Plaintiffs in the class-action lawsuit against Celsius Network have now alleged that Wintermute helped the crypto lending f...
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Paris FATF Plenary: Global Implementation of Virtual Asset Standards Remains 'Relatively Poor' The third plenary of the Financial Action Task Force (FATF), held in Paris, found a lack of global adoption of the virtual asset recommendations established by the institution. According to evaluations, almost three-quar...
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Bitcoin trades above $30K, boosting traders' interest in ETH, ARB, VET and STX Bitcoin and Ether's recovery has improved traders' sentiment, which could trigger buying in ARB, VET, and STX.
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Turkish Lira Plunges to Record Low a Day After Central Bank's Interest Rate Policy U-Turn The Turkish lira fell to 25.74 per dollar just under a day after the central bank hiked interest rates for the first time since 2021. Although the rate hike decision was widely anticipated, the increase still fell short ...
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Crypto Trading Crucial to Virtual Asset Ecosystem, Says Hong Kong SFC Chief Cryptocurrency trading is an important part of the virtual asset ecosystem, according to Julia Leung Fung-yee, CEO of the Securities and Futures Commission (SFC) of Hong Kong. In a recent speech, Leung said the city-stat...
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US Treasury yields are rising -- What does it mean for Bitcoin price? The 5-year U.S. Treasury yield reached its highest level in 3 months, but the typical inverse correlation-based price action with Bitcoin might not work this time.
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Crypto Market Rises by $30B in 48 Hours -- Bitcoin Cash Leads With 88% Weekly Gain On Sunday, June 25, the cryptocurrency market experienced a modest increase in value, climbing from $1.21 trillion two days prior to its current value of $1.24 trillion. Bitcoin has surged 15% in the past week, while eth...
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Garlinghouse: SEC Official Received 'Millions' From Vested Interests, Tradfi Heavyweight Crypto Exchange EDX Launches, Peter Schiff on USD Decline -- Week in Review Ripple CEO Brad Garlinghouse recently asserted that former SEC Division of Corporation Finance Director William Hinman "received millions of dollars of payments from his law firm" which had a vested interest in a well-kn...
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Study Shows Bank of England's Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency The Bank of England made an impactful move last Thursday, June 22, 2023, as it raised the benchmark bank rate to 5%, marking a significant 0.5 percentage point increase. This decision catapults the central bank’s rate ...
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Veteran Trader Peter Brandt Labels BTC a Legacy Coin to Outlast 'Make-Believe Cryptos Wannabees' Veteran trader Peter Brandt recently branded BTC as a legacy coin that will ultimately outlast and outperform all “make-believe cryptos wannabees.” Some non-bitcoin maximalists have said the veteran trader’s remark...
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Bitcoin sees new all-time highs in 3 countries as BTC price pokes $31K Bitcoin price strength continues into a weekly close that analysis says should stay above $30,000.
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Banking Giants Crédit Agricole, Santander Seek to Provide Crypto Custody Under French Registration A subsidiary co-owned by Crédit Agricole and Santander has registered as a digital asset service provider in France. The registration of Caceis, a company that specializes in offering financial services to institutional...
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What is De-Dollarization? Exploring the Shift Away From the US Dollar's Global Dominance From the latter half of 2022 and continuing into 2023, the concept of de-dollarization has gained significant traction, making its mark on the mainstream media. This surge in attention can be attributed to the concerted ...
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Binance Forced to Stop Providing Crypto Services in Belgium by Financial Regulator Source: AdobeStock / prima91 The financial regulator in Belgium, the Financial Services and Markets Authority (FSMA) had forced the cryptocurrency exchange Binance to halt its services in the country alleging that the ex...
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Bitcoin Cash Price Prediction as $1.2 Billion Pushes BCH Up 75% in a Week - What's Going On? Bitcoin Cash (BCH) has witnessed an extraordinary price surge, soaring by 75% in a mere week. This notable ascent has been accompanied by a substantial inflow of $1.2 billion in trading volume. Bitcoin Cash's recent rema...
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