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Cryptocurrency News

Location American Cryptocurrency News for 3 July 2023
Why are NFT Prices Crashing? Azuki Plummets 11% and Bored Apes Falls 16% - Here's What You Need to Know. The NFT market has recently witnessed a price decline, causing concern among investors and enthusiasts. Despite not entering a new cycle, several prominent NFTs have experienced significant price declines within the past...
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Okx's Haider Raffique Optimistic MCFC Partnership Can Help Grow Blockchain On Friday, June 30, Okx announced an expansion of its existing partnership with recent Champions League winners, Manchester City Football Club. The partnership entails Okx, which previously sponsored the club’s trainin...
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Bored Ape Yacht Club NFT Collection Floor Price Sinks to 20-Month Low The floor price of the Yuga Labs NFT collection fell to 27.4 ETH, or about $53,000 on Sunday evening before rebounding slightly.
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Singapore's MAS Orders Crypto Firms to Keep Customer Assets in a Trust by Year-End Crypto service providers in Singapore are now required to safekeep customer assets under a statutory trust before the end of the year.
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First Mover Asia: Bitcoin Maintains $30K as Prospective Issuers Refile ETF Applications PLUS: Japan is a regulatory success story when it comes to digital assets and Web3. But walking around the recent IVS Crypto Conference in Kyoto, one can't help but feel that something is amiss.
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Tim Draper Adjusts Timeframe for His $250K Bitcoin Price Forecast Venture capitalist Tim Draper has adjusted his projected timeframe for bitcoin’s price to reach $250,000. Maintaining an optimistic outlook, Draper still expects the world’s largest cryptocurrency to reach his predic...
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Hive Blockchain to Allow AI Training, Cites Superior Privacy Over OpenAI Hive Blockchain (HIVE), a major Bitcoin mining farm, intends to provide customers with access to its data centers, where they could train large language AI models. According to the company, its solution offers much bette...
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TON blockchain launches on-chain encrypted messaging feature The network previously allowed users to post on-chain messages but only in an unencrypted, completely public way.
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Coinbase to Partner with Fidelity and Other Bitcoin ETFs for Surveillance - Here's the Latest Last week, a Wall Street Journal (WSJ) report unveiled the dissatisfaction of SEC insiders with the recent batch of spot bitcoin ETF applications from prominent financial institutions like Blackrock, Wisdomtree, Valkyrie...
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Price analysis 7/3: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC The bulls are trying to nudge Bitcoin above the critical resistance of $31,000, which may start a broad-based crypto rally.
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2 Rate Hikes or Hold? Fed Predictions Vary From No Rate Hikes to 6% in 2023 Based on projections from the U.S. Federal Reserve, it is anticipated that the central bank will implement two additional increases to the federal funds rate within the span of 2023. As indicated by Fed policymakers, the...
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BlackRock Bitcoin ETF Application Refiled, Naming Coinbase as 'Surveillance-Sharing' Partner The refiled application by Nasdaq to list a BlackRock bitcoin ETF follows a report last week that the SEC deemed earlier proposals "inadequate" since they didn't specify the name of the underlying market in so-called sur...
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Hut 8 Is Keen On AI Computing As It Relocates 6,400 Rigs, Eyes Growth Amid Legal Battle Bitcoin (BTC) mining firm Hut 8 has announced plans to relocate 6,400 rigs from its facility in Ontario, Canada as the demand for AI and high-performance computing surges. This is part of the firm's wider plan to revive ...
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Crypto Exchange OKX Signs $70 Million Deal to Become Official Sleeve Sponsor of Manchester City The crypto exchange OKX has signed a sponsorship deal with the English football club Manchester City to become its "official sleeve partner." The new sponsorship deal marks an expansion of OKX's existing deal as Manchest...
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How Central Bankers Are Reshaping the Definition of Money Central bankers acknowledge that the nature of money evolves with technology, shifting definitions of money with it. But they're not ready to let innovation occur organically as technology emerges. They want to maintain ...
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Report: Revolut to Delist Polygon, Solana, and Cardano Amidst Evolving US Regulations According to a report published on Monday, the British fintech firm Revolut plans to delist the cryptocurrency assets polygon, solana, and cardano from its U.S.-based platform. Revolut cited evolving regulations in the U...
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BNY Mellon, Franklin Templeton Heads to Co-Chair New Digital Asset Panel BNY Mellon and Franklin Templeton have been appointed as co-chairs of the new Digital Assets Market Subcommittee by the US derivatives and commodities regulator. Caroline Butler, the global head of digital assets at BNY ...
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Coinbase Aims to Modernize Direct Deposit Systems via Blockchain Stablecoin Settlements Coinbase has said it wants to modernize its direct deposit system using blockchain-based stablecoin settlements instead of the traditional ACH deposits. According to a blog post written by Yuga Cohler, a senior software ...
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Regulatory Investigation Targets South Korean Crypto Lender Delio South Korea-based Delio is currently under scrutiny as the country's Financial Services Commission (FSC) investigates the crypto lending firm for alleged fraud, embezzlement, and breach of trust. According to reports fro...
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Coinbase, Microstrategy Shares Rally After Cboe Refiles Bitcoin ETF Applications Shares in Coinbase, chosen as the market for the surveillance-sharing agreements in ETF applications, rose above $80 at around 11:30 ET on Monday.
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Biggest Movers: XMR Races to 5-Month High, as ATOM Extends Recent Gains Monero continued to climb during Monday’s session, as the token surged to its highest point since February. The move comes as the global crypto market cap was marginally higher on the first working day of June. Cosmos ...
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Best Crypto to Buy Now 3 July - Compound, The Graph, Filecoin Bitcoin (BTC) and ether (ETH) are both trading with a positive bias amid a quiet start to the week. BTC was last hovering in the upper $30,000s, close to its recent highs above $31,000, while ETH just hit its highest lev...
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