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Cryptocurrency News

Location American Cryptocurrency News for 2 August 2023
Japanese Yen Hits 20-Year Low Against US Dollar; BOJ Maintains Loose Policy Amid Inflation Pressures In the last month, Japan’s official currency has dipped slightly more than 1% in comparison to the U.S. dollar. Then, on Tuesday, the Japanese yen plummeted to its weakest position against the greenback in over 20 year...
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U.S. DOJ Has 'Extremely Thin' Basis for Jailing FTX's Bankman-Fried Ahead of Trial: Defense Attorneys for Sam Bankman-Fried pushed back against the U.S. Department of Justice's motion to remand the FTX founder in a court filing Tuesday.
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Binance CEO CZ Explores Diversifying Stablecoin Strategy, Eyes Smaller Algorithmic Tokens During a Twitter "Ask Me Anything" (AMA) session on July 31, Binance CEO Changpeng "CZ" Zhao expressed his intention to introduce smaller algorithmic Stablecoins to the market for investors to have alternatives to the ex...
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First Mover Asia: Asia Stocks Open Soft, Bitcoin Jumps Past $30K on MicroStrategy Filing and Despite Fitch Treasury Downgrade PLUS: Bitcoin dominance sagged in July, absent a compelling BTC catalyst, and as altcoins seemed to benefit from a partial Ripple court victory.
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Robert Kiyosaki Warns US Economy Not Strong, America Broke -- Says He Still Prefers Bitcoin Rich Dad Poor Dad author Robert Kiyosaki says the U.S. economy is not strong and America is broke. Noting that the stock market is going up because President Joe Biden raised the debt ceiling, he emphasized that he still...
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MicroStrategy returns to profit and now owns $4.4B worth of Bitcoin Michael Saylor-founded MicroStrategy disclosed it now holds 152,800 Bitcoin as of July 30, and is back in the black.
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Binance Nearly Shuttered U.S. Exchange to Protect Global Operations: The Information As investigations loomed, the board of directors of Binance.US voted on whether to liquidate the company but could not come to a unanimous decision, The Information reported.
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Bitcoin Price Prediction as Billionaire Michael Saylor Makes Another $14 Million BTC Purchase - Time to Buy the Dip? On August 1st, the value of the popular cryptocurrency, Bitcoin, exceeded $29,000 and briefly even surpassed $30,000. This surge was fueled by an increase in trading volume, as traders who had lost confidence in BTC in r...
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Crypto Billionaire Justin Sun and Partners Step in to Aid DeFi Giant Curve Amid Crisis - Here's the Latest Tron founder and wealthy crypto investor Justin Sun has stepped up to save decentralized exchange (DEX) protocol Curve Finance from a potential bad debt crisis....
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HEX Plummets Over 40% After SEC Files Lawsuit Against Creator Richard Heart After the U.S. Securities and Exchange Commission filed a lawsuit against Richard Heart and his companies Hex, Pulsechain and Pulsex, the crypto asset hex (HEX) has been in a free fall. Two-week statistics show HEX has l...
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Wintermute, a Major Trader, Is a Key Player in Arkham's Controversial Dox-to-Earn Platform The liquidity provider just withdrew 8 million of Arkham's ARKM token from Binance, increasing its position by 731%.
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Towards a Web3 Without Wallets

Coin Desk - 2 Aug 2023 22:51
Towards a Web3 Without Wallets For Web3 to go mainstream, wallets should be as invisible to the users as databases are in Web2, says Ben Turtel, of Kazm.
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TradFi Giant Direxion Joins Crypto ETF Race by Filing for Combined Bitcoin and Ether Futures Fund The move comes the same week that six other companies filed to launch ether futures ETFs.
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Robinhood Crypto Revenue Fell 18% Sequentially to $31M in Q2 The online trading platform reported second-quarter earnings after the close on Wednesday.
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Litecoin Plunges 6% to Fresh Monthly Lows on Halving Day Historically, LTC tended to peak ahead of its halving event, when miner rewards are slashed.
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Gamestop to Sunset Crypto Wallet Amid Regulatory Uncertainty; Advises Users to Secure Passphrase Gamestop, the American retailer known for specializing in video game sales, has announced its intention to eliminate its iOS and Chrome Extension crypto wallets on November 1, 2023. The company cited the decision as a re...
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FTX Proposes Rebooting Exchange for Offshore Customers in Bankruptcy Plan, FTT Token Holders Left Empty-Handed The bankrupt crypto exchange FTX's new management has proposed to reboot the exchange for offshore customers only, but holders of the FTT token would not benefit from the plan. In a recent filing, FTX's management propos...
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Price analysis 8/2: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT Bitcoin is witnessing a strong battle between the bulls and the bears, with the sellers currently holding a slight edge.
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Crypto Sleuths Discover Potential Connections Between Sam Bankman-Fried and BALD Rugpull Connections can be found between Sam Bankman-Fried's trading firm Alameda Research and the deployer of an alleged crypto scam called BALD. According to members of the crypto community who have analyzed on-chain data, the...
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Breaking: US Department of Justice Considering Fraud Charges Against Binance Crypto Exchange The US Department of Justice (DoJ) is mulling whether to press fraud charges against Binance, as per a Semafor report. However, as per the report, the DoJ is worried that if it indicts Binance, it could trigger a rush to...
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Why I Don't Feel Bad for HEX Founder Richard Heart's Victims Maybe the SEC can finally convince Hex and PulseChain devotees that they've been cheated.
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Six Asset Managers File Fresh SEC Applications to Launch Ethereum Futures ETFs in the US Six prominent asset managers have filed fresh applications to the US securities and exchange commission (SEC), for the approval of Ethereum (ETH) futures exchange-traded funds (ETFs). The filings come weeks after the reg...
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