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Cryptocurrency News

Location American Cryptocurrency News for 12 July 2023
Celsius Sues StakeHound for Failing to Return $150M Worth of Tokens StakeHound has 55,000 ether, 50 million MATIC, and 66,000 DOT that Celsius wants back
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Russia's Central Bank: BRICS Currency Requires Consent of Many Parties, Faces Implementation Challenges The governor of Russia’s central bank says the creation of a common BRICS currency “requires the consent of many parties.” While emphasizing that the proposed BRICS currency "deserves attention," the Russian centra...
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Economist Peter Schiff Warns All Banks Will Fail, People Will Suffer Massive Losses as Banking Crisis Unfolds Economist Peter Schiff has warned that all banks will fail and anyone having a bank account will end up losing money. "No matter what happens, people are going to lose a tremendous amount as this banking crisis unfolds,"...
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Bitcoin mining difficulty hits all-time high as BTC miner selling peaks In recent weeks, BTC miners sent a record amount of Bitcoin to exchanges right as the network's difficulty metric hit a new all-time high.
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First Mover Americas: Bitcoin Continues in Holding Pattern Ahead of June U.S. Inflation Data The latest price moves in bitcoin (BTC) and crypto markets in context for July 12, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
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Robert Kiyosaki Warns US Dollar 'Will Die' Citing BRICS Nations' Plan to Launch Gold-Backed Currency Rich Dad Poor Dad author Robert Kiyosaki has warned that the U.S. dollar will die. He expects the BRICS nations (Brazil, Russia, India, China, and South Africa) to launch a gold-backed currency that will kill the USD. Th...
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Cboe refiles 5 Bitcoin ETFs to include Coinbase surveillance agreements The surveillance-sharing agreements are a measure recommended by the SEC in March, which says they can prevent fraud and protect investors.
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Bitcoin Exodus: Over 855,000 BTC Withdrawn From Exchanges Since July 2020 According to current data, about 2,086,034 bitcoins were held on exchanges as of July 11, 2023. This figure is 154,160 bitcoins less than the number held on centralized trading platforms 72 days earlier, on April 30. The...
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Tokenized U.S. Treasurys Surpass $600M as Crypto Investors Capture TradFi Yield Crypto investors now effectively lend $614 million to the U.S. government via different tokenized Treasury products, according to real-world asset data firm RWA.xyz.
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US government moves nearly 10K Bitcoin worth over $300M related to Silk Road seizure The government previously promised to liquidate approximately 40,000 remaining BTC from the seizure in "four more batches" over the remainder of the calendar year.
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BNB's soaring futures open interest and regulatory woes weigh on the altcoin's price Persistent regulatory actions and concerning derivatives data are likely the main factors behind BNB's bearish price action.
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IMF Highlights Climate Change and DAOs as Major Threats to the Marshall Islands The International Monetary Fund (IMF) has identified climate change and decentralized autonomous organizations (DAOs) as potential threats to the Republic of Marshall Islands. Therefore, the IMF urges reforms in light of...
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AI Coins Pump as Elon Musk Launches ChatGPT Competitor - Where Next for RNDR, FET and AGIX? Cryptocurrencies that boast a strong artificial intelligence (AI)-linked use case, such as Render Network (RNDR), SingularityNET (AGIX) and Fetch.ai (FET) have seen a pump on Wednesday amid positive AI news. Twitter, Tes...
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FTT Price Pumps, Dumps as FTX Claims Portal Opens, Then Becomes Unavailable FTT saw a massive 26% pump from the $1.40s to the $1.80 area on Tuesday in a matter of minutes, before pulling back under $1.60 on Wednesday. FTT is the utility token of the now defunct cryptocurrency exchange FTX that i...
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Bitcoin Price Prediction as US Core Inflation Data is Released - Time to Buy? The price of Bitcoin is steady at around $30,600, reflecting a nearly 0.50% increase on Wednesday. The consumer price index saw a 0.2% rise in June, marking a 3% increase from a year ago, the lowest level since March 202...
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Even as Inflation Risk Fades, Bitcoin Remains Stuck Below $31K Wednesday's CPI report showed sizable decelerations in both overall and core U.S. inflation, which one might've thought would drive BTC's price higher.
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Price analysis 7/12: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, LTC, MATIC, DOT Bitcoin continues to face strong resistance at $31,000 but supportive macroeconomic factors could tilt the advantage in favor of the bulls.
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Crypto Investment Firm Paradigm Challenges SEC's Jurisdiction in Bittrex Lawsuit Prominent crypto investment firm Paradigm has challenged the US Securities and Exchange Commission's authority to regulate secondary markets for crypto assets. The company has filed an amicus brief in the SEC's case agai...
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Top Stablecoins See Steady Decline Over Past Month as Dollar-Pegged Token Economy Shrinks The top stablecoins have continued to see redemptions over the past 30 days as the dollar-pegged crypto economy currently hovers at $127.32 billion on July 12. The stablecoin BUSD’s supply has dropped below the 4 billi...
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Best Crypto to Buy Now 12 July - Conflux, SingularityNET, Fetch.ai Despite softer-than-expected US headline and core inflation numbers for June, which weighed heavily on the US dollar and US yields whilst also pushing up US equity markets as Fed tightening bets ease, crypto markets have...
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Circle Cuts Workforce, Ends Certain 'Non-Core' Activities; Will Continue Hiring Globally Stablecoin issuer Circle has cut its workforce slightly to maintain a "strong balance sheet," the company said Wednesday.
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Here's How This PEPE Price Trade Made a Crypto Millionaire Pepe Coin, the Pepe the Frog-themed meme coin that exploded back in April, made near instant millionaires. What was so amazing it that many millionaires were created despite only putting very small initial investments in...
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