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Cryptocurrency News

Location American Cryptocurrency News for 7 August 2023
Michael Saylor's Bitcoin Billions Have Rebounded Since He Exited CEO Job a Year Ago Saylor stepped down as CEO of MicroStrategy one year ago in order to focus solely on Bitcoin.
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XRP Price Prediction as XRP Drops 3.4% in 24 Hours - Is $0.50 the Next Target? The XRP price has fallen by as much as 3.4% in the past 24 hours, with its drop to $0.615960 coming as the cryptocurrency market barely moves today. XRP is now down by 12% in the last seven days but up by 31% in the past...
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US Court Dismisses Former Celsius Network CEO's Motion to Block New York Attorney General's Lawsuit Former Celsius Network Alex Mashinsky will now have to defend himself against a lawsuit filed by New York Attorney General Letitia James after a New York County Supreme Court Justice rejected his attempts to have the sui...
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Bitcoin Faces Increased Risk Relative to Stocks: Commodity Strategist Mike McGlone Warns of Challenges Seasoned commodity strategist Mike McGlone says bitcoin is now riskier relative to stocks, while he further warned that economic downturn pressures may hold silver prices at bay. Bitcoin Volatility Low, Silver Faces Chal...
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Ponzi Token is Up 1,000% But Experts Say It's a Scam - Here's the Coin They're Buying Instead A new meme coin called PONZI has become the latest straight-to-DEX upstart to unlock moon-shot success, after an eye-watering +1,000% pump over the weekend has primed the chart for a second-rally. Taking a shot at the an...
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FBI Issues Warning on Scam Involving Criminals Impersonating NFT Developers The Federal Bureau of Investigation (FBI) has issued a Public Service Announcement (PSA) warning about criminals impersonating non-fungible token (NFT) developers in social media. According to the PSA, criminals can impe...
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Web3 Utility Coin LPX Raises $1.2 Million in Funding for AI Trading Analytics Platform - Here's What You Need to Know Web3 represents the new age of internet technology where everything is decentralized. Unlike traditional internet services where a few companies control data, Web3 allows people to own and control their data. ...
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Best Crypto to Buy Now 7 August - XDC Network, Kaspa, Algorand PayPal, the global payments giant, continued its journey into the cryptocurrency space with the launch of its own stablecoin today, PayPal USD (PYUSD). This development marks a significant stride since PayPal's initial f...
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Biggest Crypto Gainers Today on DEXTools - '太币, Toshi, Kitty, Evil Pepe Major blue-chip crypto prices are under modest pressure on Monday, with Bitcoin (BTC) recently dipping below $29,000 once again and eyeing a retest of monthly lows, and Ether (ETH) testing the $1,800 and eyeing a retest ...
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Bitcoin funds see weekly outflows of $111M, most since March: CoinShares Solana bucked the trend, with its $9.5 million in inflows taking the top spot over the past week.
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Crypto Exchange Mango's Legal Bills Swell, a Year After Alleged $116M Heist First the blockchain-based exchange was allegedly victimized by a market manipulator, and now it's having to spend big on lawyers to pursue suits and other remedies.
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Hydro Expansion: Bitfarms Begins 50 MW Bitcoin Mining Farm Buildout in Paraguay Bitfarms Ltd. has started development on a new 50-megawatt (MW) Bitcoin mining facility in Paraguay, the company announced on August 7, 2023. The farm will be located in Paso Pe near Bitfarms’ existing mining operation...
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Mega Dice Telegram Casino App: World's First Crypto Casino Offering Licensed Gambling Through TG In a breakthrough for crypto casino adoption, Mega Dice is leading the way by opening the world's first licensed crypto casino accessible via the Telegram app. The crypto casino sector is a big business and growing in po...
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Two Months in El Salvador: The Ground Game for Bitcoin Adoption A graduate student on leave from the Wharton School checks in on the first country to adopt Bitcoin as legal tender. Are locals buying it?
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Crypto News Today: PayPal's Stablecoin Debut, Worldcoin's Kenyan Hurdles, and More From PayPal's entry into the stablecoin market to regulatory challenges faced by Worldcoin in Kenya, the crypto world continues to be a blend of innovation and controversy.
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Crypto Exchange Listing and Delisting Announcements: August 7, 2023 Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new ...
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Crypto Hedge Funds Grapple with Shutdowns and Lackluster Returns in 2023 Crypto hedge funds have on average underperformed Bitcoin (BTC) by a significant margin in the first half of 2023, while about 13% of funds have shut down so far this year. On average, crypto hedge funds generated a 15.2...
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Aptos' APT Token Slides Ahead of $30M Unlock

Coin Desk - 7 Aug 2023 20:42
Aptos' APT Token Slides Ahead of $30M Unlock APT has decreased by over 3.2% in the past 24 hours performing worse than bitcoin (BTC) and ether (ETH), per CoinDesk market data.
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Crypto Analyst Highlights Germany's Economic Challenges and Its Surprising Implications for Crypto A weakening economy and potential recession in Germany could be positive for Bitcoin (BTC) prices, crypto analyst Marcel Pechman believes. According to Pechman, a further fall in Germany's gross domestic product (GDP) wi...
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It's ChatGPT, but for Bitcoin: New AI Tool Avoids 'Hallucinations' An experimental version of the Bitcoin-focused AI chatbot was released on Thursday by Chaincode Labs, which says its new "ChatBTC" is less likely to give incorrect answers about the original cryptocurrency, or to "halluc...
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Buffett and Ackman take opposing sides on Treasury yields -- What does it mean for Bitcoin? Two investment moguls are betting on different directions for inflation and Treasury yields, with potentially negative impacts on Bitcoin.
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Mantle Introduces New Governing Body for Treasury Management The new layer 2 network passed a governance vote that establishes the Mantle Economics Committee as well as introduces more liquid staking into the ecosystem by authorizing liquid staking protocol Mantle LSD and the allo...
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