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Cryptocurrency News

Location American Cryptocurrency News for 20 August 2023
Legal Action Contemplated by Binance Following Termination of Partnership with Checkout.com On August 17, Binance, the world's largest cryptocurrency exchange, received notification from payment processor Checkout.com about the termination of their contract due to regulatory concerns. However, according to Forb...
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Bankman-Fried Wants to See His Lawyers Outside Jail Five Days a Week FTX founder Sam Bankman-Fried (SBF) is asking to be released from jail five days a week to work on his defense for the fraud trial against him set to begin in October. On Friday, Bankman-Fried's lawyers complained to a j...
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Consensus Pause: Majority of Economists Predict No Rate Hikes for 2023, With Cuts Delayed Until March 2024 A newly published Reuters poll reveals that most economists concur: the U.S. Federal Reserve has likely capped its rate hikes. Yet, rate cuts aren't anticipated until March 2024. This survey drops just as markets approac...
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BRICS Expansion Will Speed Up De-Dollarization, Chinese Expert Says As more countries join the BRICS economic bloc, there will be a significant increase in settlements using national currencies, leading to an acceleration in the de-dollarization process, a Chinese expert says. "For most ...
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Dollarization Can Lead to 'Economic Contraction and Collapse' of Argentine Economy -- Former US Treasury Official The U.S. chairperson of the Official Monetary and Financial Institutions Forum (OMFIF) has characterized the Argentinian presidential hopeful’s plan to fully dollarize the economy as “a far too risky gamble.” Mark ...
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Ethereum Layer-2 Arbitrum Sustains Growth and User Influx Following ARB Airdrop, Total Assets Reach $5.77 Billion: Report Per Nansen's Arbitrum Quarterly Report for Q2 2023, the Arbitrum (ARB) airdrop on March 23, 2023, led to a peak in users and transactions. Following the ARB airdrop, daily transactions and user numbers have consistently ...
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Legendary Investor Jeremy Grantham Predicts Inevitable US Recession, Challenges Fed's Forecast A significant portion of investors and financial organizations surmise that the U.S. could avert a recession, but Jeremy Grantham, the co-founder of investment firm Grantham Mayo Van Otterloo (GMO), deems it inescapable....
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HBAR, OP, INJ and RUNE flash bull signals as Bitcoin price looks for stability Bitcoin is searching for stability in the $25,000 zone, meanwhile, HBAR, OP, INJ and RUNE price looked primed for further upside.
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Gryphon Digital seeks court dismissal of Sphere 3D's lawsuit Gryphon Digital is requesting dismissal from a suit filed by its former partner Sphere 3D over a scam-related Bitcoin transfer. According to Gryphon, the incident was caused by Sphere's security failures.
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Bitcoin's Transaction Backlog Surges Past 400,000

Bitcoin.com - 20 Aug 2023 18:30
Bitcoin's Transaction Backlog Surges Past 400,000 A fortnight ago, unconfirmed BTC transactions dipped under 300,000. However, they’ve since rebounded, surpassing the 400,000 mark. While the average network fee remains under $1, since August 6, it’s fluctuated from ...
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Weekly NFT Sales Dip by 1.18% Despite Rising Buyers and Transactions Based on the most recent week-long data, non-fungible token (NFT) sales experienced a slight decline of 1.18% from the previous week. Despite a recorded $107.05 million in NFT sales, there was a noteworthy rise of 86.71%...
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Kiyosaki: Buy Silver Before It's Gone; Michael Burry Bets Against Stocks -- Week in Review Rich Dad Poor Dad author Robert Kiyosaki urges buying silver before it’s gone, hedge fund manager Michael Burry has bet $1.6 billion on the stock market collapsing, and mining rig manufacturer Bitmain is set to reveal ...
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Bitcoin on the way to 'bearadise?' $20K is back as a BTC price target Bitcoin is giving plenty of longtime market participants reason to forecast a return to its previous cycle's $20,000 all-time high -- or worse.
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Canaan Cuts Bitcoin Mining Power by 2 EH/s Amid US, Kazakhstan Challenges Canaan, a leading high-performance computing firm and mining rig producer, recently disclosed hurdles set to dent its bitcoin mining activities and revenue from Q3 2023 onward. These setbacks primarily stem from diminish...
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Bitcoin Price Prediction as BTC Bounces Off $25,000 Support - Here are Key Levels to Watch In the dynamic realm of cryptocurrency, Bitcoin (BTC) continues to capture attention as it showcases a rise of over 0.50%, reaching $26,133 on Sunday. Notably, the support at $26,000 appears to have effectively prevented...
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Morocco Denies South Africa's Claim That It Has Applied to Join BRICS: Report Morocco has reportedly denied the claim made by South Africa, the host of the BRICS summit this year, that it has formally applied to join the economic bloc. According to South African officials, over 40 countries are in...
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Mining 1 BTC in Lebanon is 783x cheaper than Italy: CoinGecko According to the report, Europe is home to nine out of the ten least profitable countries for Bitcoin mining, based on household electricity costs.
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Economist Lord Jim O'Neill Calls BRICS Currency Idea 'Ridiculous' -- Says China and India Never Agree on Anything Lord Jim O'Neill, the British economist credited with coining the acronym BRIC, calls the creation of a common BRICS currency "ridiculous," emphasizing that the BRICS nations have “never achieved anything since they fi...
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