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Cryptocurrency News

Location American Cryptocurrency News for 4 November 2023
Rosfinmonitoring: Crypto Popularity Soars in Russia, 185K Transactions Registered in 2023 Director of Rosfinmonitoring Yuri Chikhanchin referred to the rise in popularity that crypto is experiencing in Russia in a recent interview, stating that more than 185,000 cryptocurrency transactions were completed duri...
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Study: Stablecoin Activity the Highest in Q3 of 2023 With Approximately 400K Daily Active Addresses By the end of Q3 2023, activity in the stablecoin category as measured by the number of daily active addresses (DAA) stood at over 400,000 — the highest in any category. In the decentralized finance (defi) category —...
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Crypto Trader Avi Eisenberg's $110M Fraud Trial Delayed Until April 2024 Crypto trader Avi Eisenberg's trial will start in April 2024 after defense and prosecutors agreed to delay the proceeding, first scheduled for December.
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FBI Dives Into FTX Customer Records -- Field Offices Issue Subpoenas to Bankruptcy Consultants Reports indicate that the U.S. Federal Bureau of Investigation (FBI) has received data on FTX clients from the advisors of the now-insolvent firm. These consultants have complied with a minimum of five inquiries issued b...
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Fate of Sam Bankman-Fried's Co-Defendants Uncertain: Prison Sentences Loom? With Sam Bankman-Fried, the convicted founder of FTX, facing the prospect of spending decades in a federal prison, some are wondering what lies ahead for his former colleagues and co-defendants. Nishad Singh, FTX’s dir...
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Central Bank Gold Demand Swells in Q3 Amid Global Unrest Central banks around the world maintained their appetite for gold in the third quarter of 2023, with their purchases totaling 337 metric tons, the World Gold Council’s (WGC) third-quarter report shows. Analysts from th...
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The Clock Ticks for Sam Bankman-Fried: Countdown to a Crypto Mogul's Day of Reckoning A jury has unanimously convicted Sam Bankman-Fried on a slew of charges, encompassing wire fraud, conspiracy to engage in wire fraud, and money laundering among the seven counts. The following is an in-depth look at what...
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NFTs on the Rise Again: October Saw 32% Growth in Trading Volume - Trend to Continue This Month? The market for non-fungible tokens (NFTs) is experiencing a resurgence, with October witnessing a substantial 32% growth in trading volume compared to the previous month. According to data released by crypto data firm Da...
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Crypto Gainers and Losers: This Week's Market Snapshot This week, while bitcoin and ethereum decelerated, they still managed a modest uptick of 2-3% against the U.S. dollar. Meanwhile, a roster of around 50 cryptocurrencies recorded double to triple-digit gains during the sa...
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NBA Star Seeks to Void Property Sale After Learning of Canadian Crypto King's Past Occupancy National Basketball Association player Shai Gilgeous-Alexander is suing owners of the lakefront mansion previously occupied by Canada’s “crypto king.” The basketball player also claimed to have learned of Pleterski...
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Aave's GHO Stablecoin Grapples With Dollar Peg Stability: Liquidity Fixes on the Horizon The decentralized finance (defi) protocol Aave's stablecoin asset called GHO has been struggling to keep its peg to the U.S. dollar. While it is coasting along at $0.966 per unit at the time of writing, five days ago it ...
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Mismatch Between the Demand and Supply of GPUs Stifling AI Innovation -- Tory Green The mismatch between the demand and supply of graphics processing units (GPUs) is potentially stifling artificial intelligence (AI) innovation, Tory Green, the COO of the decentralized GPU cloud service provider io.net, ...
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Bitcoin Price Prediction as BTC Challenges $36,000 Resistance: Is a Breakout Imminent? Bitcoin ‘s tenacious battle against the $36,000 resistance mark has captured the attention of investors and analysts alike, with the cryptocurrency exhibiting marginal gains of 0.02% to position itself at $34,730 on Sa...
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Bitcoin Mining Revenue Soared in October, Securing Second-Highest Monthly Earnings of 2023 In October, the landscape of bitcoin mining revenue brightened, climbing by $131.45 million over September’s figures. Last month’s surge in BTC prices significantly bolstered revenues, although there was a slight dip...
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Top Crypto Gainers Today on Uniswap - SNAPCAT, PEPETA Bitcoin (BTC) is consolidating in the mid-$34,000s, as market participants digest Friday’s weaker-than-expected US jobs report, which caused a dump in US government bond yields and the US Dollar Index (DXY), and a pump...
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