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Cryptocurrency News

Location American Cryptocurrency News for 2 December 2023
GHO Stablecoin Hits $0.98 Target as Strategic Initiatives Spearhead Turnaround Beginning in mid-July 2023, the stablecoin from Avara (previously known as Aave), a decentralized finance firm, consistently traded below its target $1 peg, reaching a low of $0.917 on October 24. Nonetheless, in recent ...
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U.S. Judge Warns SEC Over 'False and Misleading' Request in Crypto Case A federal judge threatened to sanction the SEC's lawyers after their "false" arguments prompted a court to impose a temporary restraining order on crypto firm Debt Box.
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Ripple's CLO Says SEC Is Anything But Infallible -- Advises 'Don't Be Intimidated When They Come Knocking' Ripple’s chief legal officer says the U.S. Securities and Exchange Commission (SEC) is “anything but infallible,” emphasizing that the regulator is “bloated, broken, and beleaguered.” He advised investors not t...
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Jack Dorsey Backed Bitcoin Mining Pool Ocean Acknowledges Filtering Ordinal Inscriptions Ocean, a Bitcoin mining pool that recently raised $6.2 million in a seed funding round led by former Twitter (now known as X) CEO Jack Dorsey, is currently filtering ordinal inscription transactions. Giacomo Zucco, a bit...
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L2 Crypto Project Blast Achieves $660M TVL Amid Mockery for Key Developer Recruitment Recent data reveals that Blast, the new layer two (L2) blockchain platform, has amassed a significant $660 million in value within its decentralized finance (defi) protocol. Concurrently, while accumulating a variety of ...
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North Korean hackers have pilfered $3B of crypto over past six years: Report In 2022, North Korean hackers swiped crypto worth ten times more than the country earned from exports in 2021, according to US cybersecurity firm Recorded Future.
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FDUSD Nears $1 Billion Cap -- A Rapid 253% Surge in Supply Since August Recent data indicates that the market capitalization of the newly introduced stablecoin, first digital usd (FDUSD), is approaching the $1 billion threshold. This growth, a 253% increase in supply, has been recorded since...
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What is market manipulation in cryptocurrency?

Coin Telegraph - 2 Dec 2023 19:05
What is market manipulation in cryptocurrency? Market manipulation in cryptocurrency involves artificially influencing prices or trading volume to deceive investors.
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Bitcoin ETF Decision Dates Approach: What to Expect in January Image by Parradee, Adobe Stock The Securities and Exchange Commission (SEC)’s move to start a public comment period for spot Bitcoin (BTC) ETF applications earlier than expected has stirred up optimism around the launc...
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XRP Price Prediction as XRP Climbs 2% Amid Trading Volume Slump - Will XRP Continue Its Upward Trend? In the dynamic tapestry of the cryptocurrency market, Ripple’s XRP has painted a streak of resilience, climbing 2% in value amid a broader slump in trading volumes. This modest yet significant rise positions XRP at $0....
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Crypto Firms' Compliance With Regulation Should Not Be at the Expense of Innovation -- Zak Taher Zak Taher, the CEO of Multibank.io, said he believes the United Arab Emirates (UAE) is the most attractive investment destination for overseas digital asset companies due to its effective governance and the leadership of...
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3 out of 4 Web3 Games Launched Between 2018 and 2023 Now Inactive -- Study Between 2018 and 2023, 2,127 out of 2,817 Web3 games launched have either failed or are now inactive, an analysis by Coingecko has shown. The failure rate was the highest in 2019 (94.3%) and 2020 (94.4%) while in 2021, 3...
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Bitcoin Price Prediction as Total Crypto Market Cap Reaches $1.5 Trillion - Is $40,000 the Next Target for BTC? In the ever-evolving landscape of digital currencies, Bitcoin showcases a bullish stride, currently trading at $38,765 with a commendable increase of nearly 2% on Saturday. As December unfolds, the cryptocurrency market ...
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Vitalik Buterin's Plans, Changpeng Zhao's Hooks, Michael Saylor's Shoppings and 20 Crypto Jokes This week in crypto: Vitalik Buterin said he plans to redesign Ethereum staking and praised the UTXO payment model, MicroStrategy CEO Michael Saylor bought an additional $593 million worth of BTC, Reddit renounced Moons'...
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Elon Musk's Verbal Outburst Sparks Surge in 'GFY' Meme Coins Source: a video screenshot, Future Unity / YouTube There has been a surge in meme coins linked to Elon Musk following the billionaire’s verbal outburst at X (formerly Twitter) advertisers. Meme coins have become a bree...
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Cornell Study: Bitcoin Can Power Renewable Energy Deployments and Climate Action A recent study led by investigators from Cornell University has outlined how Bitcoin can help finance renewable energy installations by using surplus power even while these facilities are not yet integrated into the U.S....
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We Neither Bank Justin Sun nor Finance Hamas -- Circle Chief Strategy Officer USDC stablecoin issuer Circle neither “finances Hamas” nor does it bank Tron blockchain founder Justin Sun, the fintech firm’s chief strategy officer has asserted. Although Circle had past business dealings with Su...
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Report: Bitcoin Miners' Revenue Down by More Than 30% in the Last 6 Months In the past six months, Bitcoin miners’ revenue has dropped by more than 30%, with November revenues approximately $270 million lower than October revenues. The drop in Bitcoin miners’ revenue is attributed to Bitcoi...
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Novogratz Expects Bitcoin Price to Be 'Significantly Higher' After SEC Approves Spot Bitcoin ETFs Galaxy Digital CEO Mike Novogratz expects the price of bitcoin to be significantly higher when the U.S. Securities and Exchange Commission (SEC) approves spot bitcoin exchange-traded funds (ETFs). “We will see a pretty...
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KuCoin Ventures Release $20K Grant to Build TON-Based Mini-Apps Source: AdobeStock KuCoin Ventures, the investment arm of crypto exchange KuCoin, has pledged a grant of $20,000 to the Open Network (TON) blockchain platform. KuCoin Ventures to Provide $20K Grant to TON Ecosystem – T...
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KyberSwap Announces Grants from Protocol Treasury to Aid Victims of Recent Exploit Source: AdobeStock / Roman Samokhin The team behind KyberSwap announced that it would offer grants from the protocol’s treasury to victims of the recent exploit, aiming to provide monetary relief. In a post on X (forme...
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Grayscale Positions Itself for Bitcoin ETF Race with Hire of Former Invesco Head John Hoffman Source: Ascannio / Adobe Stock. Crypto asset manager Grayscale has appointed John Hoffman, former Head of Americas at Invesco, to lead its distribution and partnerships team. On December 1, Grayscale announced the hiring...
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