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Cryptocurrency News

Location American Cryptocurrency News for 13 July 2023
Crypto miner Hive Digital drops 'blockchain' from name amid pivot to AI Hive made the rebrand to reflect its "evolving focus" on revenue opportunities in AI, cloud commuting and GPUs.
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Europe's First Spot BTC ETF Is Set For Its Debut in 2023: Here's What You Should Know Europe is set to welcome its first spot Bitcoin (BTC) Exchange Traded Fund (ETF) after a twelve-month delay. The Jacob Asset Management Group initially secured the approval for the ETF from the Guernsey Financial Service...
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IRS investigating crypto traders using Puerto Rico tax breaks: Report "The noose is tightening" for wealthy Americans suspected of exploiting Puerto Rico's relaxed tax regime.
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US SEC files lawsuit against Celsius and Alex Mashinsky

Coin Telegraph - 13 Jul 2023 15:05
US SEC files lawsuit against Celsius and Alex Mashinsky Last week, a separate U.S. regulator, the CFTC reportedly found that Celsius and Alex Mashinsky broke several regulations before the collapse in 2022.
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SEC Sues Bankrupt Celsius Network, Alex Mashinsky Over Securities Fraud U.S. commodities regulator CFTC could also bring a case against the crypto lender, Bloomberg reported earlier this month.
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First Mover Americas: Crypto AI Tokens Rally After Musk Unveils New Company The latest price moves in bitcoin (BTC) and crypto markets in context for July 13, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
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US Inflation Hits Two-Year Low, Boosting Stocks and Precious Metals On Wednesday, July 12, 2023, the U.S. Bureau of Labor Statistics released the Consumer Price Index report for June, showing a 3% increase in inflation, the lowest level since March 2021. The U.S. inflation rate has falle...
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Lawyer Says Argentina Should Bin Dollarization Plans, Adopt BTC A prominent Argentine lawyer has told a leading presidential candidate to bin his dollarization plans in favor of a Bitcoin (BTC) adoption drive. The comments were directed at Javier Milei, a right-wing political leader ...
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Economist Predicts End of US Dollar Dominance as More Countries De-Dollarize The chief economist at S&P Global has predicted that the U.S. dollar "will no longer be the dominant world currency." Highlighting the diminishing influence of the USD, he pointed out that an increasing number of countri...
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Co-founder of Indian Crypto Unicorn 5ire to Depart Amid Internal Dispute - Here's the Latest Blockchain layer 1 network 5ire, which secured series A funding last year valuing the company at $1.5 billion, is now bidding farewell to one of its co-founders. Vilma Mattila, one of the co-founders of 5ire alongside CE...
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Snoop Dogg and a16z Join $20 Million Funding Round for Web3 Music Platform Sound Web3 music platform Sound has raised $20 in Series A funding round led by Venture capitalist firm Andreessen Horowitz (a16z) and American rapper Snoop Dogg. Actor Ashton Kutcher-led firm Sound Ventures and artist and pro...
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Leveraged Yield Protocol Rodeo Finance Initially Loses $1.7 Million in 'Force-Investment' Hack Rodeo Finance, a leveraged yield protocol on Arbitrum, was on July 10 a victim of a “force-investment” hack in which almost $1.7 million was reportedly stolen. According to Rodeo Finance, about $810,000 has been reco...
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Celsius Reorganization Not Affected by $4.7B Settlement With U.S., Bankrupt Crypto Lender Says That includes customer recoveries, the bankruptcy crypto lender said Thursday.
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Bitcoin price rallies to $31.8K, but derivatives data highlights BTC bears' advantage Bitcoin's price is following in XRP's footsteps by rallying close to $32,000, but the price could pull back in the face of this week's $720 million options expiry.
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Web3 Coin LPX Raises $1.14 Million After Helping Crypto Users Find the Next Pepe - How Does it Work? The Internet's third generation, Web3, often presents complexities that could overwhelm even the most experienced users. With multiple platforms and resources to sift through, managing Web3 activities can be quite challe...
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CleanSpark's Bitcoin mining capacity hits 8 EH/s as new facility goes live The Bitcoin mining company kicked off the second phase of its mining campus in Georgia, gearing up for the next Bitcoin halving.
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Best Crypto to Buy Now 13 July - Litecoin, Chainlink, Compound The crypto market is currently witnessing a notable uptick, propelled by the recent legal victory of Ripple, the company behind XRP, in its lawsuit against the SEC. Bitcoin, along with other cryptocurrencies, is experien...
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Shiba Inu Price Prediction as SHIB Surges 6% Despite Concerns of Whale Token Dump Despite concerns reports that one of the largest SHIB holding wallet moved nearly $30 million to eight different wallets on Thursday, which could signal that the wallet's owner intends to dump these tokens onto the marke...
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Celsius Moves $64M in LINK, MATIC, AAVE and Altcoins Following Court Permission to Sell Tokens The bankrupt crypto lender was given permission to convert its roughly $170 million altcoin stash to BTC and ETH.
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Who Are the 81 Recipients of Snowfro's Latest Squiggle Mint? The Art Blocks CEO isn't selling a single one of his new NFTs. Instead, he's giving them to individuals and communities that supported him and the platform's genesis collection.
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XRP Falls Short of $1, But This Coin Can Hit $5, Raises $14.5 Million Judge Analisa Torres issued a verdict on Thursday saying that US fintech company Ripple Labs did not break federal securities law via its sales of XRP on public exchanges, a huge victory for the firm that sent the price ...
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Web3 VC Shima Capital Didn't Slow Strategy for Crypto Winter The investor in early-stage crypto companies has remained one of the most active investors in the space despite a bear market and the collapses of FTX and three banks.
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