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Cryptocurrency News

Location American Cryptocurrency News for 25 August 2023
BRICS Leaders Declare Importance of Using Local Currencies in International Trade The BRICS leaders stress "the importance of encouraging the use of local currencies in international trade and financial transactions” in their declaration released at the conclusion of their 15th annual summit. In add...
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BRICS Invites 6 Countries to Join, Including Saudi Arabia, UAE, Iran The BRICS economic bloc has invited six countries to become new members: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates. The BRICS leaders wrapped up their 15th annual summit on Thursday. "W...
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SEC Charges Former US Correctional Officer With Fraudulent Crypto Token Sale The U.S. Securities and Exchange Commission said on Aug. 23 that it had charged a former New Jersey correctional officer “with fraudulently raising funds through the unregistered offering of the blazar token.” The Co...
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Cybersecurity Breach at Kroll Affects FTX and BlockFi Claimants' Data A cybersecurity breach at FTX's bankruptcy claims agent Kroll has compromised user data from both FTX and the bankrupt crypto lender BlockFi. The compromised data consisted only of "non-sensitive" customer information, F...
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US Treasury Department Proposes New Reporting Requirements for Digital Asset Brokers - An Attempt to The US Department of the Treasury and Internal Revenue Service (IRS) on Friday released new proposed regulations that would require the brokers of digital assets to report certain sales and exchanges in an effort to crac...
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Visa And Mastercard Distancing Themselves From Binance Unlikely to Hurt the Crypto Exchange: Experts The decision comes only weeks after Binance has been grappling with multiple legal challenges in the U.S.
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Robinhood accumulated $3B in Bitcoin in 3 months -- What does this mean for markets? Robinhood's Bitcoin holdings could reshape the crypto landscape by supercharging the influence of retail investors and possibly creating new market risks.
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Polymarket Wagers Favor Trump for Nomination; Ramaswamy's Bid Gains Momentum Following the initial Republican debate and an exclusive interview between Donald Trump and Tucker Carlson on the social media platform X, wagers on the decentralized prediction marketplace Polymarket suggest Trump is le...
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Price analysis 8/25: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, TON Bitcoin and altcoins lose more ground after comments from the Federal Reserve suggest that the regime of interest rate hikes could continue into 2024.
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Exodus Records Solid Q2 with $12.4 Million Revenue - Crypto Wallets Making a Comeback? Crypto wallet company Exodus recorded a revenue of $12.4 million in the second quarter, experiencing a 4% decline compared to the previous year, the company announced on Tuesday. Despite the revenue dip, Exodus achieved ...
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Powell: More Rate Hikes May Be Needed to Curb Inflation The chairman of the U.S. Federal Reserve, Jerome Powell, warned on Friday that inflation remains too high and signaled the central bank may continue raising interest rates to get it under control. In remarks at the Jacks...
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Polygon Network Embraces Colombian Peso Stablecoin nCOP - Crypto Adoption on the Rise? A stablecoin pegged to the Colombian peso (COP) has gone live on the Polygon network, stablecoin issuer Num Finance announced on Thursday. The new stablecoin, called nCOP, is a traditional fiat-backed stablecoin, and was...
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Bitfinex Crypto Exchange Collaborates with Turkey's Second-Largest Bank to Offer Free Turkish Lira Deposits Crypto trading platform Bitfinex has unveiled a feature that allows its Turkish customers to directly deposit Turkish Lira into their accounts without incurring any charges....
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Trump Mugshot Fuels NFT Sales: Ex-President's Digital Cards Jump 426% After a mugshot of the 45th U.S. president, Donald Trump, was snapped at Fulton County Jail in Atlanta, his NFT trading card sales skyrocketed. Cryptoslam.io data shows a whopping 426% surge in Trump’s digital card sal...
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Bitcoin Dips Below $26K, Smaller Cryptos Head Lower on Fed's Powell's Hawkish Remarks Federal Reserve chair Powell speaking at Jackson Hole doubled down on keeping financial conditions tight, including hiking interest rates further if needed.
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Fed Chair Powell Leaves Door to Further Rate Hikes Open - Here is How Crypto Markets Reacted Speaking at an annual conference of central bankers at Jackson Hole, the Chairman of the US Federal Reserve Jerome Powell left the door open to the possibility of further interest rate hikes in the US, triggering some sh...
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Binance Delists Sanctioned Russian Banks From Peer-to-Peer Service Binance has cut ties with five sanctioned Russian banks that were listed on the exchange's peer-to-peer service to let users transfer funds in rubles, the country's native currency.
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PEPE Token's Rapid 17% Fall Sparks Concerns Over Multi-Sig Wallet Changes and Massive Fund Transfers In the wake of the meme token’s meteoric ascent, pepe (PEPE) has plummeted by over 17% in the last 24 hours. Buzz on social media suggests a significant amount of funds held by the development team are being transferre...
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Does high US consumer debt benefit Bitcoin price?

Coin Telegraph - 25 Aug 2023 18:30
Does high US consumer debt benefit Bitcoin price? Cointelegraph analyst and writer Marcel Pechman breaks down consumer debt and why it might lead to a good outcome for BTC.
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Ed Marquez, Developer Relations Engineer for Hedera, on Blockchain Scalability and AI Language Models Within Web3 | Ep. 259 In an exclusive interview with cryptonews.com, Ed Marquez, Dev Relations Engineer of Hedera, talks about Hedera's recent integration of ChatGPT's plugin with its HBAR token and his thoughts on integrating other intellige...
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Biggest Movers: DOGE Nears Key Price Floor, as TON Extends Gains Dogecoin moved closer to a key support level on Friday, as the meme coin slipped for a second straight session. Today's decline comes as the global crypto market cap edged lower, falling 0.77% lower as of writing. Toncoi...
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Tracing the Origins of Bitcoin's Newest $3.1 Billion Wallet A new Bitcoin holder has recently entered the spotlight, accumulating 118,300 Bitcoin valued at approximately $3.1 billion based on current market evaluations. Data provided by BitInfoCharts reveals this undisclosed BTC ...
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