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Cryptocurrency News

Location American Cryptocurrency News for 7 September 2023
Peter Schiff Says US Can't Afford to Decouple From China -- Warns of Dollar Collapse Economist Peter Schiff has warned that the U.S. cannot afford to decouple from China. "Our entire standard of living rests on the support of China," he stressed, adding that "If we lose that support, it's going to collap...
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VanEck, ARK filings 'officially' start clock for spot Ethereum ETFs: Analyst Bloomberg ETF analyst James Seyffart expects more spot Ethereum ETFs to be filed in the coming days.
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SEC's Gensler Should Be Focus of More Hearings on Treatment of Crypto: U.S. Senator Sen. Bill Hagerty (R-Tenn.) previewed the lawmaker ire in store for U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler as Congress returns from its summer break, with Hagerty accusing the regulator of stomp...
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EU Commissioner Wants Digital Euro Project To Be Approached After Next European Commission In 2024 Mairead McGuinness, European Commissioner for Financial Stability, Financial Services and the Capital Markets Union says that the digital euro should not be rushed until the next Commission's parliamentary election. Spea...
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Ethereum Layer 2 Activity Near All-Time High: L2s Become the New Norm Ethereum (ETH) has become the primary hub for the booming decentralized finance (DeFi) sector, hosting thousands of blockchain projects and decentralized apps (dApps). These applications leverage the Ethereum blockchain ...
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JPMorgan Expects SEC to Approve Multiple Spot Bitcoin ETFs at Once Global investment bank JPMorgan expects the U.S. Securities and Exchange Commission (SEC) to approve multiple spot bitcoin exchange-traded funds (ETFs) at once, instead of giving one company the advantage of being the fi...
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Russia: Illegal Crypto Miner 'Stole $225,000 From Grid' An illegal crypto miner in Russia caused "considerable damage" to a local grid and stole around $225,000 worth of electricity, a power provider has claimed. Per the Russian legal publication Pravo, the miner allegedly si...
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Analyst Predicts SEC Will Approve First Spot Bitcoin ETF by Mid-March Next Year Asset management firm Bernstein has predicted that the U.S. Securities and Exchange Commission (SEC) will approve its first spot bitcoin exchange-traded fund (ETF) between mid-October and mid-March next year. The firm’...
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Government Websites Hacked by MetaMask Scammers to Target Crypto Investors Multiple government-owned websites are being leveraged by crypto scammers to con visitors with fake redirection links related to the popular crypto wallet, MetaMask....
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Coinbase-Backed Insurance Alternative OpenCover Debuts on Layer 2 Blockchain Base OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base.
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North Korea's 'Lazarus' Hackers Stole $41 Million From Crypto Gambling Site, FBI Says The Lazarus Group has been targeting crypto companies for years now.
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Persistent macro headwinds could delay Bitcoin bull market -- ARK Invest Several macroeconomic indicators suggest that bearish headwinds could strengthen during the remainder of 2023 and possibly negatively impact the crypto market.
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Riot Showcases Demand Response Strategy: Bitcoin Mining's Role in Strengthening Texas Energy Grid Bitcoin mining aided the Electric Reliability Council of Texas, or ERCOT, when the bitcoin mining company Riot Platforms reduced its power usage amid a Texas summer heatwave. Riot said in its most recent production and o...
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Stake hack of $41M was performed by North Korean group: FBI After investigating, the FBI concluded that the hack of crypto gambling site Stake was carried out by North Korean hackers Lazarus Group.
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Ex-FTX Executive Ryan Salame Pleads Guilty to U.S. Criminal Charges Prosecutors say Sam Bankman-Fried used Salame as a "straw donor" to secretly funnel millions of dollars to Republican political candidates.
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5 AI Crypto Coin Projects Traders Are Bullish On - Launchpad XYZ, Fetch.ai, PAAL AI, Unibot, yPredict Artificial Intelligence (AI) continues to shape various sectors, from healthcare to automotive. And now, it's making a significant impact in the cryptocurrency market as well. With machine learning algorithms and predict...
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Report: Former FTX Co-Chief Ryan Salame Contemplates Guilty Plea According to insiders who reached out to Bloomberg, there are intriguing developments surrounding Ryan Salame, the former co-chief executive of FTX Digital Markets. The buzz is that he is gearing up to admit guilt in res...
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Bitcoin Price Prediction as Daily Trading Volume Falls Below Ethereum - Will ETH Overtake BTC? Amidst the dynamic crypto landscape, Bitcoin currently trades at $25,787, reflecting a subtle rise of 0.04 percent on Thursday. However, a confluence of factors has spurred speculations on its future trajectory. Notably,...
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Biggest Crypto Gainers Today on DEXTools - BLUI, BONESHI, KRYDOG Bitcoin and other major cryptocurrencies are seeing little price movement today, extending the phase of low volatility that the cryptocurrency market has been seeing over the past few days. The price of Bitcoin has been ...
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Fraud Lawsuit Against Michael Egorov, the CEO of DeFi Giant Curve, Is Quashed in California A judge ruled a California courtroom is the wrong venue since Egorov wasn't living in the state when the alleged misdeeds took place.
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Joint IMF and FSB Report Warns Against Total Crypto Bans A joint policy roadmap released by the Financial Stability Board (FSB) and the International Monetary Fund (IMF) has cautioned against outright bans on cryptocurrencies. The policy paper, commissioned by the G20 under In...
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Bitcoin Miner Riot Platforms Smart Energy Strategy Yields $31 Million in Savings Prominent Bitcoin (BTC) mining firm Riot Platforms has reported significant cost savings and operational achievements due to an innovative energy strategy that saved the firm around $31 million in August alone. In a pres...
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