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Cryptocurrency News

Location American Cryptocurrency News for 31 December 2023
Blackrock Names JPMorgan as Authorized Participant for Spot Bitcoin ETF Despite Jamie Dimon Wanting to Ban Crypto Blackrock, the world’s largest asset manager, has named JPMorgan as a lead authorized participant for its spot bitcoin exchange-traded fund (ETF). This followed JPMorgan CEO Jamie Dimon stating in a congressional heari...
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Report: EU Represents Just 6% of Bitcoin Mining Hashrate, US Significantly Leads China The countries in the European Union collectively account for 6% of the Bitcoin network’s hashrate while the U.S. has emerged as the world’s number one bitcoin miner, a new report has said. The economic bloc's bitcoin...
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Billionaire Mark Cuban: SEC Doesn't Protect Anyone, Current Crypto Regulation Inadequate Mark Cuban, a Shark Tank star and the billionaire owner of the NBA team Dallas Mavericks, says the U.S. Securities and Exchange Commission (SEC) doesn’t protect anyone, calling the regulator “the Quickbooks of financ...
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Unprecedented Downturn: Over 5,700 Crypto ATMs Decommissioned in 2023, Marking First Annual Decline Crypto automated teller machines (ATMs) have experienced a decline this year, marking the first downturn since October 2013, with the total count dipping from 39,350 to the present 33,620. Approximately 5,730 cryptocurre...
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Ethereum's Path Forward: Vitalik Buterin Unveils Roadmap Enhancements In a recent update, Ethereum co-founder Vitalik Buterin released an updated 2023 roadmap for the blockchain platform, detailing notable improvements and steadfast progress. Despite similarities to the previous year’s r...
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December 2023 Sees Record Bitcoin Mining Revenue: $1.51 Billion Amassed With Soaring Onchain Fees In December, bitcoin miners garnered the highest monthly revenue of the year, amassing $1.51 billion. Additionally, this month marked a record in fee collection, with miners securing $324.83 million in onchain transactio...
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Frenzy for 1,000x Gains Drives Surge in New Tokens on Solana Source: AdobeStock / Aleksandra Sova The Solana blockchain network has experienced an unprecedented influx of new tokens this month, surpassing any previous records by a significant margin. According to data from Solscan...
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5 Mining Pools Dominated in 2023, Discovering Over 84% of Bitcoin's Blocks Over the past year, statistics reveal that 54,002 bitcoin blocks have been mined from Dec. 30, 2022, to Dec. 30, 2023. Leading the industry this year, Foundry USA topped the charts by mining 16,492 blocks in the past 12 ...
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Bitcoin Price Prediction as BTC Keeps Selling Off - Is Negative ETF News on the Way? In the ever-dynamic world of cryptocurrency, Bitcoin continues to be a focal point of market activity. As of Sunday, Bitcoin is trading at $42,270, marking a slight increase of 0.52 percent. Amidst this fluctuating lands...
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Chimpzee Announces 2M Token Burn Before Debut Exchange Listing to Fuel Initial Price Action and FOMO The sizzling new meme coin Chimpzee ($CHMPZ) wrapped up its $2.7M presale a few weeks back. Now in the 30-day vesting period, the token is preparing for its inaugural exchange listing. As per the latest announcement, it ...
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ETF Fever Continues, Gensler Warns Against Crypto's 'Wild West' of Permissionless Exchange, Latam Update -- Week in Review U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has repeated earlier warnings about crypto “non-compliance” being a global “Wild West,” as speculative fever for BTC exchange-traded funds continue...
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Veteran Trader Peter Brandt Issues Scam Proprietary Trading Platform Warning According to Peter Brandt, legitimate proprietary trading firms neither charge fees on traders nor impose “restrictions on trading style or markets.” The veteran trader branded as scams any prop firm that fails to ad...
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DOJ's Decision on SBF Case Outrages Crypto Industry -- Coinbase Calls It 'Miscarriage of Justice' The decision by the U.S. Department of Justice (DOJ) not to pursue a second trial against disgraced FTX founder Sam Bankman-Fried (SBF) has outraged the crypto industry. Crypto exchange Coinbase calls the decision a "mis...
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