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Cryptocurrency News

Location American Cryptocurrency News for 17 August 2023
US Dollar to Remain Major Global Currency, South Africa's BRICS Sherpa Says BRICS plans to discuss trade in national currencies at its summit but de-dollarization is not on the agenda, South Africa's BRICS Sherpa stated. The talks in Johannesburg next week will also focus on the expansion of the...
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Ripple Labs bites back against SEC's request to file appeal Ripple's chief legal officer said no "extraordinary circumstance" in the case exists which warrants the Court to accept the SEC's request for leave.
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Ethereum 'Restaking' Takes Shape as Next Big Trend in Blockchain Security EigenLayer's platform for "restaking" is designed to extend Ethereum's pooled security from ETH stakers to other blockchain systems - a way for developers to bootstrap new networks without having to create their own comm...
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Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand Stablecoin issuer Tether has announced that it will discontinue support for Omni, a Bitcoin layer that has been used for USDT transfers since 2014.
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Genesis, FTX Strike Deal for $175M Bankruptcy Claim Lawyers are trying to untie a complex financial web among companies that went under in the crypto winter.
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Trump's Crypto Wallet Makes $2.8 Million in Income, FEC Filing Shows Former U.S. President Donald Trump has provided new data about his crypto income and holdings in a financial disclosure to the Federal Election Commission (FEC). The submission contains information about the balance of a...
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Coinbase Secures Regulatory Approval to Offer Crypto Futures to US Customers The Nasdaq-listed crypto exchange Coinbase has secured regulatory approval to operate a Futures Commission Merchant (FCM) and offer customers access to crypto futures. "Coinbase will now be the first crypto-native leader...
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Shiba Inu Developers Launch Shibarium, Ushering In New Era of Growth for SHIB Ecosystem Shiba Inu developers have launched their highly anticipated, purpose-built Ethereum layer-2 scaling solution Shibarium, ushering in a new era of growth for one of the crypto industry's largest decentralized communities. ...
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Securitize Agrees to Buy Crypto Wealth Manager Onramp to Expand RIA Services The acquisition is expected to close in the coming days and terms of the transaction have not been disclosed.
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Bitcoin price will surge past $150K if spot ETFs are approved: Analyst Even if the filings for Bitcoin spot ETFs are rejected, Lee predicts Bitcoin's halving event will still push up BTC's price -- but not to six figures.
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Bitcoin Price Prediction as Fundstrat's Tom Lee Says BTC Could Reach $180,000 Next Year - Time to Buy the Dip? Amidst the fluctuating cryptocurrency markets, Bitcoin's future value remains a topic of fervent discussion. Recently, Fundstrat's Tom Lee has projected that BTC could soar to a staggering $180,000 by next year. This pre...
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Tether discontinues Bitcoin stablecoin, citing lack of usage The Tether (USDT) stablecoin will no longer be issued on the Bitcoin Omni Layer, while redemptions will still be open for at least a year.
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Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury's Authority A group of crypto investors and developers lost a lawsuit funded by Coinbase which sought to argue that the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash, a mixing service.
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SpaceX sold $373M worth of Bitcoin acquired in 2021-2022: Report Elon Musk announced in 2021 that SpaceX had some Bitcoin holdings following an SEC filing showing Tesla planned to purchase $1.5 billion worth of the cryptocurrency.
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The Protocol: Blockchains Keep Launching, From Sei to Shibarium In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted...
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Coinbase Will Suspend USDT, DAI and RAI Trading for Canadian Users The exchange expanded its services in Canada earlier this week.
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Bitcoin price breaks from range with drop below $28K, and options tilt toward BTC bears About $570 million in weekly BTC options expire on Friday, and the recent macro and crypto news events have further tilted the advantage to bearish traders.
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Philippine National Police Warns Citizens On Axie Infinity's Play-to-Earn Model, Cites Security Concerns The Philippine police has raised alarms on blockchain gaming saying it may be riskier than investing in cryptocurrencies if capitalized by bad actors. In a new statement, the Philippine National Police Anti-Cybercrime Gr...
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SEC Can Argue for Right to Appeal Groundbreaking XRP Ruling in Ripple Case, Judge Says A federal judge will let the U.S. Securities and Exchange Commission file a motion that, if granted, would allow it to appeal a ruling that XRP transactions through exchanges didn't violate securities laws.
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Biggest Crypto Gainers Today on DEXTools - METAL, XBULL, XDOGE Blue chip crypto markets are under broad selling pressure on Thursday amid a combination of macro and technical selling pressures. Bitcoin (BTC) was last down around 3%, having recently slipped below its 2023 uptrend to ...
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'Our Country Is Going to Hell' -- Trump Warns of US Losing Global Currency Dominance The 45th president and previous White House occupant, Donald Trump cautions that America is in danger of losing its global influence. In an interview with Larry Kudlow, Trump stated while the U.S. retains significant pow...
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2024 could be very bullish for crypto -- Here's why

Coin Telegraph - 17 Aug 2023 20:00
2024 could be very bullish for crypto -- Here's why This week's episode of Market Talks discusses why 2024 could be bullish for the crypto industry and if crypto has weathered the storm.
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