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Cryptocurrency News

Location American Cryptocurrency News for 12 August 2023
Microstrategy's Stock Soars 206% After Adopting Bitcoin Strategy Microstrategy’s stock (Nasdaq: MSTR) has risen 206% after the company adopted bitcoin as its primary treasury reserve asset. The business intelligence firm now holds 152,800 bitcoins, acquired for a total cost of $4.53...
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Custodia Bank Goes Live: Bridging Digital Assets With US Dollar Payments Custodia Bank, the financial institution that aims to bridge digital assets with the U.S. dollar payment system, is now live. Last month, Custodia started serving external business customers in select U.S. states, offeri...
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BRICS Expansion to Make West Recognize New World Order, De-Dollarization: UAE Professor The accession of new members will allow BRICS to push the West to accept changes in international relations, an expert from UAE has been quoted as stating. That's valid in particular for cross-border trade and de-dollari...
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S Korean Prosecutors Want to Jail $651m 'Crypto Scammers' for 12-15 Years South Korean prosecutors say they hope to jail executives thought to be behind a $651 million crypto scam to prison for up to 15 years. Per the media outlet Asia Kyungjae, the alleged scam saw 8,000 people left out of po...
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Biggest Movers: SHIB Climbs to 4-Month High, as Meme Coins Rally on Saturday Shiba inu surged to a multi-month high on Saturday, as the meme coin extended its recent run of bullish momentum. The rally began as a result of the hopes surrounding its upcoming layer 2 launch. Dogecoin also extended r...
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Rebound on Saturday, as Markets Consolidate Following Recent Decline Bitcoin was back in the green to start the weekend, after bulls rejected a breakout below $29,000 during Friday’s session. The cryptocurrency continues to hover around a key support level, without either bulls or bears...
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Russia to Test Digital Ruble in 11 Cities, Moscow Subway Russia's capital Moscow and 10 other cities will host pilot tests for the digital ruble, Bank of Russia Deputy Governor Olga Skorobogatova announced. Over a dozen Russian banks are going to take part in the trials with r...
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Unidentified Miners, F2pool Lead All-Time Bitcoin Mining Rankings: A Comprehensive Review of Bitcoin's Historic Block Discovery Since the inception of the Bitcoin blockchain by Satoshi Nakamoto, the network has diligently processed in excess of 800,000 blocks. An examination of data from 99 distinct mining pools, spanning the previous 14 years, r...
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SBF ordered to jail, Bitcoin ETF delayed and SEC to appeal Ripple case: Hodler's Digest, Aug. 6-12 Sam Bankman-Fried has bail revoked, ordered to jail; the SEC delays decision on a spot Bitcoin ETF; and the SEC moves to appeal on Ripple's case.
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XRP Price Prediction as Legal Battles Continue to Shape its Trajectory - Here's the Latest The ongoing legal wrangle between Ripple Labs and the United States Securities and Exchange Commission (SEC) continues to cast a shadow over the trajectory of XRP's price. With each twist and turn in the courtroom, the c...
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NFT Sales Jump 6.59%: A Week of Growth, Dominance of Ethereum, and Record-Breaking Collections In the past seven days, the non-fungible token (NFT) market has seen a slight rise, recording sales of $106.87 million — an increase of 6.59% from the previous week. Ethereum-based NFTs made a significant contribution,...
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Brazil's Congress moves to levy higher taxes on cryptocurrencies If approved, the legislation would place crypto assets held by Brazilians overseas subject to the same tax rules governing traditional assets.
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Researchers Deploy AI to Uncover Crypto Giveaway Scam Schemes on Twitter Researchers at San Diego State University have developed an artificial intelligence (AI) system to detect and expose cryptocurrency giveaway scams on Twitter. Dubbed GiveawayScamHunter, the automated system has identifie...
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Shiba Inu, Pepe Pump 8%, Which Meme Coins Are Next - Trader Price Predictions Shiba Inu and Pepe are both up 8% in the past 24 hours, outperforming the wider crypto market which is slightly in the red after news broke yesterday of the SEC delaying its decision on the Ark Bitcoin ETF. Some prominen...
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Base Is Here, But Some of Its Projects Raise Red Flags This week, Coinbase launched its new Base blockchain while DeGods NFTs are way up after the project announced its upcoming Season III series. Plus, Microsoft and Aptos are teaming up to launch new blockchain AI tools.
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Bitcoin has bottomed despite 'astonishing' BTC price action -- Analyst Bitcoin is due to offer nothing beyond "classic weekend chop," signs of change on BTC price charts continue to flow in.
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Fireblocks Discloses Bitforge Vulnerabilities Affecting Dozens of Wallet Providers Fireblocks, a digital assets security company, has disclosed vulnerabilities affecting several cryptocurrency wallets, collectively named “Bitforge.” Through these vulnerabilities, criminals could steal millions in c...
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Lil Tay Crypto Token 'LilTay' Emerges on BNB Chain Amidst False Reports on Rapper's Death False reports about the death of internet-famous 14-year-old rapper Lil Tay have triggered the emergence of an unofficial crypto token named "LilTay" on the BNB Chain. The launch of the token coincides with the developme...
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Nigerian Association of Money Changers Calls for Banning of Binance The leader of Nigeria’s Association of currency exchangers has accused the crypto giant Binance of helping to worsen the local currency’s woes and asked authorities to consider banning the platform. The leader sugges...
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Redefining Possibilities in RWAs: BG Trade Gears Up for 2 Exchange Listings and IDO Debut PRESS RELEASE. In the ever-evolving landscape of finance and investments, BG Trade has emerged as a trailblazing platform that reshapes real-world assets (RWA) issuance and trading. The company’s innovative approach in...
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Bitcoin Price Prediction as Halving Event in 2024 Sparks Bullish Sentiments - Time to Buy? The BTC/USD is currently witnessing a decline of nearly 0.50%, with its value standing at $29,400. As the cryptocurrency market navigates this shift, Bitcoin faces intensified price pressure in anticipation of the Bitcoi...
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Former US OCC Officials: 'Stablecoins Can Keep the Dollar the World's Reserve Currency' Brian Brooks and Charles Calomiris, former officials at the U.S. Office of the Comptroller of the Currency (OCC), have stated stablecoins can be tools that might help the U.S. dollar maintain its status as a reserve curr...
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