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Cryptocurrency News

Location American Cryptocurrency News for 18 October 2023
Blackrock CEO Larry Fink Sees Global Demand and 'Pent-up Interest in Crypto' Amid Israel-Hamas War Larry Fink, the CEO of the world's largest asset manager, Blackrock, sees the recent bitcoin rally as “an example of the pent-up interest in crypto.” Noting that as the Israel-Hamas war rages on, more people will be ...
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Digital Euro Project Moves to 'Preparation' Phase The move is not a decision to issue a central bank digital currency, the European Central Bank said Wednesday.
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South Korean Crypto Exchange Upbit Obtains Regulatory Approval in Singapore Leading South Korean crypto exchange Upbit has been granted regulatory approval by Singapore's main financial regulator. The authorization will allow the trading platform to provide regulated services in the Southeast As...
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Feds' Bowman Dampens Hope of a US-backed CBDC in the Future Federal Reserve Governor Michelle Bowman believed that implementing U.S. central bank digital currency (CBDC) could pose significant risks and tradeoffs for the country's economic system. The Fed's Governor announced thi...
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Drivechains in Bitcoin Could Enhance Higher Throughput and Improved Privacy: Bitfinex CTO Bitfinex Chief Technology Officer (CTO) Paolo Ardoino has stated that drivechains in the Bitcoin network could be the "game changer" amid the ongoing debate surrounding the Bip-300 proposal. This announcement was made du...
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Bitcoin Miner Marathon to Custody Some of Its BTC With Fidelity Digital The miner is adding Fidelity to diversify its bitcoin (BTC) custody.
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Just how bullish is the Bitcoin halving for BTC price? Experts debate Analysts recently debated whether or not the Bitcoin halving is still a meaningful catalyst for BTC's price discovery.
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Sen. Warren and 100 Other Lawmakers Question Biden on Terrorist Financing with Crypto Senator Elizabeth Warren (D-Mass.) has called on the Biden administration to address crypto's use as a terrorist financing tool. Her concerns were documented in a bipartisan letter signed by over 100 lawmakers, including...
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Galaxy Digital CEO Mike Novogratz Foresees Spot Bitcoin ETF Approval in 2023 Galaxy Digital CEO Mike Novogratz expects a spot bitcoin exchange-traded fund (ETF) to be approved in 2023. "It's going to get approved, we think it happens this year," the American investor said on Wednesday. Billionair...
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Reddit to Phase Out Blockchain-Based Community Point Tokens (MOON and BRICK) - What's Going On? The popular social media platform Reddit announces plans to phase out and discontinue blockchain-based community point reward tokens (MOON and BRICK) by November. On October 17, an announcement was made by a Reddit team ...
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Spot Bitcoin ETF Approval Is Coming, but Analysts Differ on Possible Price Reaction A fake report about BlackRock's spot BTC ETF approval Monday spurred a short-lived bitcoin rally to $30,000.
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Crypto Gurus Believe This Emerging Coin Is the Next Big Thing - Here's Why Launchpad XYZ is capturing attention in the crypto industry for its upcoming platform designed to simplify Web 3.0 applications. The company's proprietary LPX token that's part of the offering is currently available in a...
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Senator Warren Demands Action Against Crypto-Funded Terrorism Following Hamas Attacks In a move paralleling heightened crypto regulatory urgency in the country, Senator Elizabeth Warren led a bipartisan group of 102 lawmakers in sending a letter to U.S. security officials on Tuesday. Simultaneously, the D...
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Bitcoin price holds $28K range as institutional investor maneuvering boosts sentiment Comments from institutional investors and amendments to the spot Bitcoin ETF applications could be behind the recent improvement in investor sentiment.
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Elizabeth Warren and 100 Lawmakers Push Biden on Crypto-Terrorism Action, Despite Less Than 1% Illicit Use Elizabeth Warren, the Democratic senator from Massachusetts, is alarmed by the potential of crypto-fueled terrorism. She has rallied over 100 policymakers and approached the Biden administration, urging the executive bra...
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Mike Novogratz Signals Bitcoin ETF Approval Could Be on SEC's 2023 Agenda Today, Galaxy Digital's CEO Mike Novogratz shared insights on SquawkBox that signal a potential change in the SEC's stance on Bitcoin ETF approval. According to Novogratz, the SEC is showing signs of potentially approvin...
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Jimmy Zhong Arrest Details Revealed in New Report Zhong is now serving a one-year sentence related to the theft of bitcoin from the Silk Road marketplace.
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The Intriguing Saga of Jimmy Zhong: The $3 Billion Crypto Thief Jimmy Zhong - the $3 billion Bitcoin (BTC) thief behind the Silk Road marketplace hack in 2012 - was ironically caught by investigators after trying to report another crypto thief to the police....
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Notre Dame Professor Reveals FTX's Financials: The case against disgraced FTX founder Sam Bankman-Fried continued in Manhattan federal court Wednesday, with University of Notre Dame accounting professor, Peter Easton, revealing the results of a detailed analysis of F...
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Top U.S. Bank Regulator Faulted for Lack of Crypto Guidance to Banks The U.S. Federal Deposit Insurance Corp. (FDIC) has left the banks it oversees unequipped to navigate the regulator's crypto expectations, according to the agency's inspector general, so the FDIC agreed to field a new st...
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Fidelity Submits Revised Application for Bitcoin ETF Amid Increasing Confidence Regarding Approval Fidelity Investments, one of the world's largest asset management firms, has filed an amendment application to its proposed spot Bitcoin (BTC) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (...
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Pennsylvania Rep Revises Energy Bill, Drops Crypto Mining Ban Greg Vitali, a member of Pennsylvania's House of Representatives, has revised an energy conservation bill in the state, opting to drop a proposed two-year ban on crypto mining permits. The initial Cryptocurrency Energy C...
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