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Cryptocurrency News

Location American Cryptocurrency News for 27 July 2023
Reddit Introduces Largest Gen 4 Collectible NFT Avatar Series 'Retro Reimagined' with Iconic Snoo Character Reddit has released the Gen 4 Collectible Avatar series, the largest addition to its limited-edition non-fungible token (NFT) collection yet. GEN 4, titled "Retro Reimagined", is live in the Shop, the Wednesday announcem...
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Amazon Expands Managed Blockchain Services

Coin Desk - 27 Jul 2023 15:00
Amazon Expands Managed Blockchain Services The tech giant moves deeper into Web3 infrastructure with AMB Access and Query services for developers.
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US House Financial Services Committee Approves First Crypto Regulatory Framework Bill A key US House Committee on Wednesday passed a bipartisan bill to ensure regulatory clarity for cryptocurrencies. The House Financial Services Committee approved a Republican-led bill in a 35-15 vote, with support from s...
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PancakeSwap Expands to zkSync Era Network

Coin Desk - 27 Jul 2023 15:00
PancakeSwap Expands to zkSync Era Network The DEX, initially launched on BNB Chain, is now available on five blockchains.
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Bitcoin Price Prediction: BTC Dips Nearly 3% in Response to Federal Reserve's 25 Basis Point Rate Hike Bitcoin's current trading price is 29,464, indicating a slight 0.50% increase on Thursday. However, the cryptocurrency faced a notable dip of nearly 3% in the last seven days in response to the Federal Reserve's decision...
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Sequoia Capital Slashes Crypto Fund From $585M to $200M : WSJ The vaunted VC firm told investors earlier in the year it would shrink the fund to reflect a changed market.
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Disgraced U.S. Congressman George Santos Involved Crypto in Nigerian Prince-Like Scheme: NYT A source told The New York Times that Santos and two others appeared to try a crypto-centric version of the classic Nigerian prince email scam.
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Stronghold Expands Operation With $3M Acquisition of 2,000 Canaan Bitcoin Miners Stronghold Digital Mining announced Thursday it has acquired 2,000 application-specific integrated circuit (ASIC) bitcoin mining rigs from Canaan. The new machines, costing $3 million, will be delivered to Stronghold’s...
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Bitcoin Dips as DXY, US Yields Rise on Strong US Economic Data - Here's Where BTC is Headed Next Bitcoin (BTC) has come under modest sell pressure on Thursday amid a rise in US bond yields and the US Dollar Index (DXY) as a result of stronger-than-expected US economic data. The BTC price was last around $29,100, dow...
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A 'Two-Tiered Justice System' -- Public Reacts to DOJ Dropping Campaign Finance Charges Against FTX Co-Founder In a court filing released Wednesday, the U.S. Department of Justice dropped campaign finance charges against disgraced FTX co-founder Sam Bankman-Fried. Prosecutors said the charges were dropped in accordance with U.S. ...
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A Bully Pulpit for Debanked Nigel Farage, Crypto for Everyone Else The British Brexiteer could call on the media and his far-right friends in his debanking fight. But most of us aren't so lucky.
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Executive Director of Wyoming's Stablecoin Project to Earn More Than Governor Mark Gordon The US state of Wyoming is seeking to hire an executive director for its new stablecoin project, and the position will pay an annual salary of $150,000, which is $10,000 more than the state's governor. According to the j...
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ECB Tightens Grip With 12th Consecutive Rate Hike; Lagarde Asserts 'No Cuts' Amid Lingering Inflation Concerns The European Central Bank (ECB) has raised the benchmark bank rates by 25 basis points (bps) citing that inflation was down but still remained "too high for too long." When ECB president Christine Lagarde was pressed abo...
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Crypto Bill Advances Out of House Agriculture Committee The House Agriculture Committee advanced the Financial Innovation Technology for the 21st Century Act, a day after the House Financial Services Committee did.
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CFA Institute Survey: Chinese and Indian Investment Professionals Show Strong Support for CBDC Investment professionals in both China and India are largely bullish on Central Bank Digital Currency (CBDC), according to a new survey from the CFA Institute. The association, which provides credentialing for chartered ...
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North Korea's Lazarus Group Suspected in $37 Million Hack on CoinsPaid North Korean hackers at the infamous Lazarus Group are suspected to be behind a $37 million attack on crypto payment system CoinsPaid. The attack, which happened on July 22, successfully drained funds from the company's ...
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FTX Founder Sam Bankman-Fried Faces Tightened Bail Conditions and Possible Jail in Trial Sam Bankman-Fried, the founder of now-defunct cryptocurrency exchange FTX, is facing tightened bail conditions and the possibility of jail time as he awaits trial over the collapse of his exchange. At a recent hearing, U...
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South Africa's Foreign Minister Hints at Expansion of BRICS Bloc With 3 New Members In a recent interview published on July 26, South Africa’s foreign minister Naledi Pandor highlighted the BRICS group of economies’ commitment to peace, asserting that these nations do not aim to “weaponize the oce...
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Worldcoin Could Enable Wider Distribution of Crypto Than Even Bitcoin, Says CoinFund Worldcoin could onboard "billions of users" into crypto, said CoinFund.
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Bitcoin May Reach $300K by 2028 Halving, Says $1.6B Asset Manager The Morgan Creek Capital Management founder said that bitcoin will reach $300,000 by Bitcoin's 2028 halving.
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MakerDAO Looks to Ignite Growth for $4.6B DAI Stablecoin With Up to 8% Reward The circulation of Maker's DAI stablecoin has shrunk by a third over the past year.
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Biggest Crypto Gainers Today on DEXTools - HUTAO, $PAAL, HOPPY Major blue chip cryptocurrencies for the most part remain within this week's ranges, with bitcoin (BTC) in the low $29,000s and ether (ETH) in the mid-$1,800s, as traders continue to digest Wednesday's Fed policy announc...
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