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Cryptocurrency News

Location American Cryptocurrency News for 3 August 2023
USDT Issuer Tether Bought $45.4 Million Worth of Bitcoin in Q2 - Here's What This Means for the BTC Market The issuer of the world's most popular USD-pegged stablecoin USDT, Tether, bought 1,529 bitcoin (BTC) worth $45.4 million in Q2, as per comments by the company's CTO cited by Bitcoin Magazine. The purchase shows that Tet...
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Michael Saylor Says Bitcoin ETFs Will Be the 'Super Tanker' for His MicroStrategy 'Sports Car' MicroStrategy (MSTR) CEO Michael Saylor said his software company will continue to be the go-to company for investors to gain exposure to bitcoin (BTC) without directly buying it, even if a spot bitcoin exchange-traded f...
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White House, Yellen Slam Fitch's US Rating Downgrade -- Biden Officials Call It 'Bizarre and Baseless' Fitch Ratings has downgraded the United States’ debt rating. Biden officials call the downgrade decision "bizarre and baseless." Both the White House and U.S. Treasury Secretary Janet Yellen strongly disagreed with the...
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Aave is Going to Zero as Curve DeFi Risk Grows and Green Crypto Chimpanzee Could Be the Next Crypto to Explode - $1.1m Raised As the Curve liquidity pool exploit continues to haunt price action, leading DeFi protocol Aave has suffered a -16.25% downside move - leading some to say Aave is going to zero - explore Aave's short-time frame outlook i...
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Unibot maintains first-mover status among Telegram crypto trading bots Unibot price could be over-extended, but notable user base growth and real yields paid to token holders are a reflection of the project's strong fundamentals.
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Bankrupt Crypto Exchange FTX Wants Dubai Entity Detangled From US Bankruptcy Filings: Here's The Latest Bankrupt digital asset exchange FTX has filed a motion to exclude its Dubai entity from the ongoing bankruptcy proceedings in the United States. Per the motion, the company argues that FTX Dubai was not in business befor...
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ETF Analysts: Spot Bitcoin ETF Approval Odds at 65% Amid Pressure From Blackrock According to James Seyffart and Eric Balchunas, two analysts specializing in exchange-traded funds (ETFs) at Bloomberg, the likelihood of a spot bitcoin ETF debut in the U.S. has surged to 65%. These analysts attribute t...
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Blackberry Cybersecurity Division Identifies Top Crypto Malware Amid Soaring Digital Asset Attacks The cybersecurity division of Blackberry, a former smartphone giant, has highlighted the most notorious malware families targeting cryptocurrencies. In a 'Global Threat Intelligence Report' published Thursday, between Ma...
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Poll: Majority of Americans See US Economy in Decline Despite months of increasingly positive economic indicators, a majority of Americans still believe the economy is worsening, according to a new CNN poll. CNN Poll Reveals Majority See Worsening Economy The survey of 1,27...
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How will Bitcoin halving affect BTC price, and is DeFi dead? Blockware Solutions account executive David Gamble told Market Talks host Ray Salmond that the crypto market will hit a $10 trillion market cap in the next few years.
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KPMG Study Highlights Bitcoin Mining's Potential to Shrink Carbon Footprints In a fresh analysis focusing on Bitcoin and its alignment with environmental, social, and governance (ESG) principles, the ‘Big Four’ accounting titan KPMG delves into the digital currency’s promising contributions...
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Curve Price Prediction as Traders Fret About Possible Curve Finance Founder Liquidation - Where Next for CRV? Curve (CRV), the native token that powers the CurveDAO (a decentralized autonomous organization) and decentralized exchange (DEX) Curve Finance, is hovering about 3% higher on Thursday near $0.60, still down about 18.5% ...
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Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight Figure Technologies, Inc., has pulled its application to become a federally chartered bank in the U.S., ending a three-year rollercoaster ride as regulators clamped down on crypto activity and digital assets banking suff...
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Coinbase Beats Analyst Estimates for Q2, but Transaction Revenue Falls The crypto exchange beat on both the top and bottom lines, but transaction revenue and total trading volume fell.
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Optimism transactions surpass Arbitrum, but what's behind the uptick in users? Transactions on Optimism recently eclipsed the Arbitrum network, but do the project's fundamentals support a sustainable growth trajectory?
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Curve Founder Still Owes $80M Despite Raising Nearly $30M in Past Two Days Michael Egorov is under liquidation pressure following the CRV's recent price drop and Curve exploit.
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Curve Offers Hackers 10% Bounty in Exchange for Return of Crypto "We will pursue you from all angles with the full extent of the law," said Curve, Metronome and Alchemix.
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This New AI Crypto Trading Signals Platform Just Raised $3.3 Million - Here's What You Need to Know With unpredictable fluctuations in financial markets, and especially in the crypto market, making informed trading decisions is an uphill battle. But there's a new player in the arena to help: yPredict. The upcoming arti...
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FTX Seeks to Exclude Dubai Subsidiary From Ongoing Bankruptcy FTX Trading Ltd. filed a motion on Tuesday to dismiss its Dubai-based subsidiary, FTX Exchange FZE, from ongoing bankruptcy proceedings, citing the unit’s lack of operations and assets. Dubai’s FTX Exchange Faces Vol...
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Polygon Claims Matter Labs Copied Its Code Without Attribution In a blog post, Polygon shared that Matter Labs had copy-pasted part of the code from their Plonky2 library.
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Could a Bitcoin bull run be triggered by Fitch's US credit rating downgrade? Fitch downgraded the US credit rating due to its government debt and potential challenges in handling its fiscal responsibilities. Will Bitcoin price benefit from this decision?
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China Emerges as Binance's Key Market Despite Cryptocurrency Trading Ban China has emerged as the biggest market for major crypto exchange Binance, despite a ban on crypto trading in the country. According to a Wall Street Journal report from Wednesday, Binance users located in China traded c...
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