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Cryptocurrency News

Location American Cryptocurrency News for 7 January 2024
DeSantis Vows to Abolish IRS, Advocates Flat Tax in Presidential Bid Amidst Stiff GOP Competition On Jan. 4, 2024, Florida Governor and presidential candidate Ron DeSantis articulated his desire to abolish the U.S. Internal Revenue Service (IRS). He advocated for the adoption of a uniform rate flat tax for all U.S. r...
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Former Citi Executives Launch New Bitcoin Product That Bypasses SEC Approval A group of former Citigroup executives has introduced a new product called bitcoin depository receipts. They explained that this crypto product does not need to be registered with the U.S. Securities and Exchange Commiss...
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Blackrock Lines up $2 Billion for Spot Bitcoin ETF Launch, Sources Say Blackrock, the world's largest asset manager, has reportedly lined up more than $2 billion for its spot bitcoin exchange-traded fund (ETF) within days of launch. Vaneck’s head of digital assets research and a Bloomberg...
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Concerns Mount Over Potential SEC Rejection of Spot Bitcoin ETFs, Analyst Weighs In The possibility of the U.S. Securities and Exchange Commission (SEC) rejecting spot bitcoin exchange-traded funds (ETFs) became a concern after financial watchdog group Better Markets called on the securities regulator t...
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'Controversial' Bitcoin Proposal to Curb Inscriptions Ignites Fierce Debate, Ends Without Resolution On Friday, Jan. 5, 2024, the debate surrounding Bitcoin developer Luke Dashjr’s proposal to restrict all varieties of data-bearing transactions concluded as the topic veered into “controversial” territory. Bitcoin ...
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Bitcoin's Hashrate Hits Record 549 EH/s in Early 2024 Amid Rising Difficulty and Lower Hash Price As the first week of 2024 concluded, Bitcoin’s hashrate shattered another lifetime high on Jan. 6, achieving an unprecedented 549 exahash per second (EH/s). Though the hashrate dipped post-Dec. 25, 2023, falling from 5...
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Bitcoin's First Wallet Comes Alive: A Sudden $1.17 Million Transaction Unfolds Image Source: Adobe An unidentified Bitcoin (BTC) user has sent 26.9 BTC, equivalent to $1.17 million, to the genesis wallet, the first-ever wallet created on the Bitcoin network by Satoshi Nakamoto. The transaction took...
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Mysterious Million-Dollar Bitcoin Transfer Sparks Wave of 'Dust' to Satoshi's Genesis Wallet After the enigmatic transaction on Jan. 5, 2024, in which an unidentified bitcoin wallet transferred 26.917 bitcoin worth $1.19 million to Satoshi Nakamoto’s Genesis wallet, there has been a surge of about 34 dust tran...
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Bonk Price Prediction as BONK Falls 68% From Recent Peak - Dip Buying Opportunity? In the ever-evolving cryptocurrency market, Bonk (BONK) has recently caught the eye of investors and traders alike. Despite its significant prominence, Bonk has experienced a dramatic 68% drop from its recent peak, curre...
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Bitcoin Price Prediction as Multiple ETF Approval Deadlines Approach - Instant Spike to $50,000 Incoming? As the cryptocurrency market buzzes with anticipation, Bitcoin is poised at a crucial juncture, trading at $44,013 with a modest increase of 0.63% on Sunday. In the backdrop of this upward trend, the potential approval o...
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Will Shiba Inu (SHIB) beat the market cap of Dogecoin (DOGE)? Analysts reckon Retik Finance (RETIK) will do that instead In the dynamic world of cryptocurrencies, the race to the top is ever-changing. Shiba Inu (SHIB) and Dogecoin (DOGE), two of the most popular meme coins, have been in a neck-and-neck battle in terms of market capitalizat...
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Report: Taiwan Police Arrest Crypto Exchange Bosses Accused of Fraud The police in Taiwan recently arrested two individuals who are accused of deceiving 100 investors into buying fake virtual currencies. The police also apprehended 14 other participants in the fraud scheme and recovered m...
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Investors Rush As Pandoshi (PAMBO) Presale Stage 3 Is Quickly Selling Out Pandoshi, an emerging player in the crypto market, is quickly gaining recognition for its novel approach and successful early funding rounds. Earning rapid acclaim in the crypto sphere, Pandoshi has raised over $1,700,00...
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Bitcoin Explodes to $45k; Eos and Borroe Finance Witness Growing Investor Enthusiasm Bitcoin (BTC) jumps to $45,000 as investors anticipate the approval of Bitcoin ETF in the United States. Meanwhile, one of the new Defi projects, Borroe Finance ($ROE) is changing the world of Web3 business funding and E...
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Traders Liquidate $225M in Crypto To Start The Year While Meme Coin Sees Investor Boost TLDR The crypto market kicked off the new year with massive liquidations of $225 million. NuggetRush emerges as a memecoin that has attracted investor boosts. The engaging gameplay experience NuggetRush offers makes it a...
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BlackRock's Bitcoin ETF Awaits Green Light: Approval Anticipated This Wednesday Source: Pixabay / tombark The long-awaited approval for a spot Bitcoin exchange-traded fund (ETF) may finally come this Wednesday. BlackRock, the world’s largest asset manager and one of the contenders seeking to launc...
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Prohibition of Cash Withdrawals From VASPs Operated Accounts May Contradict Central Bank's Cashless Policy -- Nigerian Lawyer Nigerian fintech lawyer Senator Ihenyen said the new central bank guidelines which bar the withdrawal of cash from accounts operated by virtual asset service providers (VASPs) seem “reasonable and understandable.” Th...
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Watchdog Group Warns SEC: Reject Spot Bitcoin ETFs or Face 'Financial Carnage' Financial watchdog group Better Markets has called on the U.S. Securities and Exchange Commission (SEC) to reject spot bitcoin exchange-traded funds (ETFs), warning that they “will inflict massive investor harm.” The...
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