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Cryptocurrency News

Location American Cryptocurrency News for 11 August 2023
XRP briefly hits $50 on Gemini as users suspect relisting 'price glitch' XRP has been wildly fluctuating on the Gemini crypto exchange after its relisting.
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XRP's Market Cap Momentarily Zoomed to Trillions of Dollars on Gemini Low liquidity after the token's relisting likely caused a temporary pricing glitch on the exchange.
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Latest Bank of Canada Report Highlights Lack of Incentives For Canadians to Adopt CBDC Bank of Canada, the country's de-facto central bank, came up with a recent report that sheds light on the reluctance of the country's citizens to readily adopt a central bank digital currency (CBDC). Published Thursday, ...
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SEC Could Approve Spot Bitcoin ETF Within 6 Months, Says Mike Novogratz Galaxy Digital CEO Mike Novogratz is optimistic that the U.S. Securities and Exchange Commission (SEC) could approve a spot bitcoin exchange-traded fund (ETF) within four to six months. The executive cited his contacts a...
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Paolo Ardoino, CTO of Tether, on $USDT Fud and Tether's Diversification into Energy | Ep. 255 In an exclusive interview with cryptonews.com, Paolo Ardoino, CTO of Bitfinex and Tether, talks about Tether ($USDT) FUD, Tether's Diversification into Energy, and Tether fostering the use of P2P technology....
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Litecoin Price Prediction as LTC Falls to $80 Level - Here are the Key Levels to Watch Now The Litecoin price has dipped by 0.5% in the past 24 hours, with the altcoin's fall to $82.98 also representing a 14% fall in the last 30 days. LTC's troubles come in the wake of last week's halving, which has failed to ...
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Best Crypto to Buy Now 10 August - Aptos, Rocket Pool, Maker U.S. inflation metrics saw a notable rise recently, with the Consumer Price Index (CPI) experiencing a 3.2% increase over the past year leading up to July. Despite the financial development indicated by this data release...
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SEC Isn't Appealing Whether XRP Is a Security, Lawyer Clarifies The U.S. Securities and Exchange Commission (SEC) is not appealing District Judge Analisa Torres’ ruling that XRP is not a security, a lawyer has explained. The securities regulator is appealing “programmatic and ind...
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Best Crypto to Buy Now 11 August - Fantom, Rocket Pool, Sui The U.S. Securities and Exchange Commission (SEC) has opted to postpone its decision on Ark Invest's proposal for a Bitcoin ETF, continuing a longstanding challenge for cryptocurrency assets seeking inclusion on mainstre...
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First Mover Asia: Bitcoin is CPI Resistant

Coin Desk - 11 Aug 2023 03:48
First Mover Asia: Bitcoin is CPI Resistant Modest Consumer Price Index (CPI) numbers mean that the chance of another rate hike is dwindling.
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AI Crypto Signals Made Easy for Newcomers with New Crypto Startup yPredict - $3.4 Million Raised So Far Financial markets have always been unpredictable. Investors have traditionally sought assistance from experts, charts, and algorithms to make informed decisions. But the rise of technology, particularly artificial intell...
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Nigerian Currency Plunges to New Low, Central Bank Says the Naira Is Undervalued The Nigerian currency continued its slide versus the greenback when it fell to a new all-time low of NGN950 per dollar. Folashodun Shonubi, the acting governor of the Central Bank of Nigeria, insists that the naira is cu...
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Bank of America Says PayPal's Stablecoin Will Not Record Significant Adoption In The Coming Months A new report by the Bank of America suggests that PayPal's new stablecoin, PYUSD will not record the projected adoption in the near term citing tougher competition and indifference of investors. Per the report, the launc...
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FTX Boss Sam Bankman-Fried in Custody, Bail Revoked, Remanded to Jail FTX co-founder Sam Bankman-Fried was taken into custody and his bail was rescinded on Friday, in anticipation of his trial scheduled for October. Matthew Russell Lee of the Inner City Press disclosed a synopsis of the Au...
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Price analysis 8/11: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT After the Aug. 11 Bitcoin ETF decision delay, BTC's boring price action looks set to carry on through the weekend.
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Spot Bitcoin ETF Applications Face More Delays

Bitcoin.com - 11 Aug 2023 21:30
Spot Bitcoin ETF Applications Face More Delays The U.S. Securities and Exchange Commission (SEC) on Friday asked for additional public feedback on a proposal to list a spot bitcoin exchange-traded fund (ETF), likely delaying any decision on the high-profile applicati...
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US gov't debt downgraded -- Huge news for Bitcoin?

Coin Telegraph - 11 Aug 2023 21:30
US gov't debt downgraded -- Huge news for Bitcoin? Cointelegraph analyst and writer Marcel Pechman explains why the downgrading of U.S. government debt will negatively impact the price of Bitcoin over the next few months.
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Is Friend.tech a Friend or Foe? A Dive Into the New Social App Driving Millions in Trading Volume The new social app has driven over 4,400 ETH ($8.1 million) in trading volume in less than 24 hours since its launch, far surpassing OpenSea's in the same time frame. But with its mysterious origins, lack of privacy poli...
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Sam Bankman-Fried Jailed Ahead of Trial

Coin Desk - 11 Aug 2023 21:18
Sam Bankman-Fried Jailed Ahead of Trial FTX founder Sam Bankman-Fried has been remanded into custody ahead of his October trial on multiple financial crime charges after a federal judge revoked his release on bond.
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Bitcoin Alternative BTC20 Price Ready to Pump as Buybacks Kick in and 54% of Supply Staked Launched on Uniswap decentralized exchange yesterday, 'Bitcoin on Ethereum' coin BTC20 is proving an excellent advert for staking, with 54% of tokens now deposited into the smart contract. At the time of writing, $3,303,...
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Bitdeer's losses widen in Q2 after one-time $33M listing fee, shares up 44% The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10.
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Coinbase's New Base Blockchain Draws $10 Million Inflows Day After Launch - Here's the Latest Base, a new Ethereum layer 2 blockchain that has been developed by crypto exchange Coinbase, saw inflows worth just over $10 million on its first day after launch. According to data from Dune Analytics, the $10 million w...
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