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Cryptocurrency News

Location American Cryptocurrency News for 19 November 2023
South Korea's Crypto Premiums Roar Back, Bitcoin Trades Nearly $1,300 Above Global Average Recent data reveals the crypto economy has experienced notable growth over the past month, with a substantial portion of its trading activity originating from South Korea. As an illustration, on Saturday, November 18, 20...
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SEC Chair Gensler Slammed for Stating SEC Doesn't Prosecute Honest Business U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler was slammed by the crypto community for stating: "We are not prosecutors of honest business, nor defenders of crookedness." Many crypto advocates pushed...
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Greenidge Generation Settles Debt and Sells SC Bitcoin Mining Site to NYDIG Greenidge Generation Holdings has successfully wiped out $21.8 million in secured debt and divested its South Carolina bitcoin mining facility to NYDIG. The firm detailed that the move enhances Greenidge’s financial st...
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Thorchain Rises to Third in Decentralized Exchange Rankings, Hits $1.8B Weekly Trade Volume In the past week, trading activity on the decentralized exchange (dex) Thorchain has experienced a significant surge, reaching $1.854 billion in trade volume. Data shows that Thorchain is currently the third-largest dex ...
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SOL, LINK, NEAR and THETA flash bullish as Bitcoin takes a breather Bitcoin price range trades as SOL, LINK, NEAR and THETA play catch up.
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Exchange Token FTT's 200% Spike in 2 Weeks Defies Bankruptcy and Bankman-Fried's Fraud Conviction Woes FTT, the exchange token launched by the now defunct cryptocurrency trading platform FTX, has experienced a significant 200% surge in value over the past two weeks, surpassing the $3 per unit mark. Ranking as the fifth la...
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dYdX raises margin requirements in some markets, bans The decentralized exchange increased margin requirements on several markets on Nov. 18, after an alleged targeted attack on the YFI token triggered massive liquidations.
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Solana Blockchain Games Thrive on the Epic Games Store - Next Big Thing? Image Source: Pixabay The number of Web3 games on the Solana (SOL) blockchain has grown substantially amid the spike in the network’s native token over the past month. According to Game7’s 2023 State of Web3 Gaming R...
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Down From the Peaks: A Look at Bitcoin, Ethereum, and Others Two Years After the 2021 Surge It’s been slightly more than two years since the 2021 cryptocurrency boom, a time when the crypto economy reached its zenith with a valuation of $2.90 trillion on November 10, 2021. Although it has been an extended and...
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Bitcoin nears pre-halving 'target zone' toward $50K BTC price BTC price action has yet to match one Bitcoin trader's long-term target, but "patience is key," he says nearly one year later.
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dYdX DEX and YFI Token Hit by $9 Million Targeted Attack - Here's What Happened Image Source: Unsplash Decentralized exchange dYdX has used its insurance fund to cover losses amounting to $9 million resulting from a “targeted attack” against the exchange. In a Saturday post on X (formerly Twitte...
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Bitcoin Price Prediction as Recent Decline Triggers Largest Bull Liquidation in 3 Months - Is a Rebound Imminent? In recent financial news, Bitcoin (BTC) has witnessed a significant fluctuation in its market value, drawing attention to its latest price movements and the implications for investors and the cryptocurrency market as a w...
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Report: Jump Trading Cuts Ties With Wormhole Amid Staff Reductions Based on a recent report, Jump Trading Group, known for its focus on algorithmic and high-frequency trading techniques, has reportedly severed ties with the Wormhole crypto initiative, known for its cross-chain communica...
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US Presidential Candidate Vows to Protect Bitcoin From Government Interference U.S. presidential candidate Vivek Ramaswamy says the government is “threatened by the existence of Bitcoin,” emphasizing that if the cryptocurrency becomes more popular, it would create “a threat to the incumbent s...
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Report of SEC's Spot Bitcoin ETF Advice Fuels Hope for Approval -- Crypto Industry Views It as 'Real Progress' The Securities and Exchange Commission (SEC) has reportedly provided specific guidance to exchanges seeking to list and trade spot bitcoin exchange-traded funds (ETFs) on what they should do next. “This is real progres...
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