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Cryptocurrency News

Location American Cryptocurrency News for 19 August 2023
SEC seeks appeal over Ripple, crypto prices plunge and EU debuts Bitcoin ETF: Hodler's Digest, Aug. 13-19 SEC files motion for appeal on Ripple's case, Bitcoin and Ether prices plunge and Europe welcomes first spot Bitcoin ETF.
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Yuga Labs Plans to Part Ways with OpenSea NFT Marketplace Following Royalty Model Change Yuga Labs, the entity behind the popular NFT collection Bored Ape Yacht Club (BAYC), is set to halt support for OpenSea due to a change in the platform's royalty model. In a Saturday tweet, Yuga Labs announced that it pl...
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Cybercriminals Use Crypto Gaming to Steal Millions -- Philippines National Police The cybercrime fighting unit within the Philippines National Police has asked residents to be wary of rewards promised by play-to-earn (P2E) games because they can be used to steal crypto assets worth millions of dollars...
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Pro: Evergrande Group chapter 15 'indirectly influenced Bitcoin sentiment' In a surprising turn of events, the recent developments surrounding the Evergrande Group's Chapter 15 filing have reverberated beyond traditional finance, indirectly influencing the sentiment around Bitcoin (BTC) and the...
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XRP Price Prediction as Bulls Hold $0.50 Support Level - Time to Buy? Ripple's (XRP) price has recently been trading at around $0.50, which is good news for those hoping for a price increase. However, its value has dropped significantly in the past months due to an ongoing legal issue with...
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Ethereum Gears Up for 'Holesky' Testnet Launch With 1.6 Billion Testnet Ether Ethereum developers plan to roll out a new testnet named Holesky, intending to bring 1.6 billion Holesky testnet ether to the network. The core devs of Ethereum highlighted that 1.4 million validators were evaluated for ...
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US Court Classifies Tornado Cash as 'Person' in Verdict Echoing Ooki DAO Designation A recent ruling by a U.S. judge declared that Tornado Cash holds the legal status of a "person.” This development came on the heels of a previous verdict in June, which recognized the decentralized autonomous organizat...
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Opensea Phases Out BNB Smart Chain Support, Citing Resource Alignment With Promising Efforts One of the largest non-fungible token (NFT) platforms, Opensea, has declared its decision to withdraw BNB Smart Chain (BSC) support. Opensea revealed that the “cost to continue supporting BSC outweighs the impact.” O...
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Ether Futures ETFs could all get approval at same time: Report At least 16 applications for Ether or Bitcoin-Ether futures ETFs are awaiting regulatory approval in the United States.
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Worldcoin's Turbulent Debut: Down 53% From Peak With 85% WLD Held in Just 6 Wallets In just over 25 days since its listing debut on July 24, 2023, the cryptocurrency known as worldcoin (WLD) has experienced a notable decline of 29% when measured against the U.S. dollar. Notably, within the last week alo...
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Biggest Movers: XLM, DOGE Rebound on Saturday, Following Recent Market Sell Off Stellar was a notable mover during Saturday’s session, as the token returned to the green to start the weekend. Prices recently fell lower for six straight days, however, bulls have reentered the market snapping this s...
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Seek Support Level, Following Worst Selloff Since FTX Crisis Bitcoin started the weekend trading below $26,000, as the cryptocurrency had its worst week since the collapse of FTX. Market sentiment was bearish following reports that Spacex liquidated its bitcoin holdings. Ethereum ...
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Zetachain Raises $27 Million to Develop a 'Chain to Manage Them All' Zetachain, a project that seeks to build one chain to interoperate with all other blockchains, announced it raised $27 million in a Series A funding round. Blockchain.com, Human Capital, Vy Capital, Sky9 Capital, and Jan...
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UK Regulator: Crypto Asset Businesses Expected to Comply with the Travel Rule Starting in September According to the United Kingdom’s Financial Conduct Authority, crypto asset firms operating in the country will be required to comply with the Financial Action Task Force’s travel rule starting on Sept. 1, 2023. Cryp...
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Curve Finance to reimburse users, another DeFi hack, and ConsenSys launches L2: Finance Redefined The DeFi ecosystem had another exploit of over $2 million on a stablecoin liquidity pool this past week, just weeks after the Curve Finance exploit.
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Bitcoin Price Prediction as Crypto Prices Crash - Will BTC Keep Falling? The volatile world of cryptocurrency has once again captured global attention, with prices experiencing a sharp downturn. As Bitcoin, the leading digital currency, faces a significant price drop, many are left speculatin...
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UK Researchers Claim New Tech Supercharges Bitcoin Mining With 260% Faster Hash Detection, Slashes Energy Use Quantum Blockchain Technologies (QBT), a research firm hailing from the U.K., purports to have spearheaded a revolutionary leap in bitcoin mining tech. They’ve unveiled certain methods that reportedly enhance the chanc...
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Bitcoin Ordinals NFT trading volume tanks 98% since May: DappRadar Alongside the declining trading volumes, the number of Bitcoin Ordinals transactions dropped by 97% to just 20,571 in mid-August.
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Russian Analyst: Digital Ruble 'Brings No Benefits' for Ordinary Citizens A Russian analyst has claimed that the digital ruble, the nation's CBDC, will bring no benefits to ordinary citizens. The comments were made by Anastasia Tselykh, a special correspondent at RTVI in her most recent column...
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Dubai to Subsidize Commercial Licenses for Web3 and AI Companies Dubai will offer subsidized licenses for Web3 and artificial intelligence (AI) companies that want to enter the country. The Dubai International Financial Centre (DIFC) and its campus will subsidize 90% of the costs of t...
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Study: Bitcoin Ordinal NFT Sales Nosedive as Broader Market Cools The buzz surrounding Bitcoin’s leap into the NFT world via Ordinals might be fleeting. A Dappradar study reveals that trading actions and sales figures for Bitcoin Ordinals have plummeted by a staggering 97% since thei...
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