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Cryptocurrency News

Location American Cryptocurrency News for 13 January 2024
Venezuela's Petro Cryptocurrency to Cease Operations on Jan 15 Source: RawBeautyPixels/Adobe Venezuela’s national cryptocurrency, the Petro (PTR), is set to cease operations on January 15. The Petro, introduced in 2018 with the goal of helping the country evade United States sanct...
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Vanguard Blocks Customers From Trading SEC-Approved Spot Bitcoin ETFs Several investment firms, including Vanguard, reportedly block customers from trading spot bitcoin exchange-traded funds (ETFs). “Our perspective is that these products do not align with our offer focused on asset clas...
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Binance and Coinbase Hold 11% of Crypto Economy's Net Value, Leading in BTC and ETH Reserves Statistical data reveals that Binance and Coinbase, two titans in the cryptocurrency exchange arena, cumulatively possess 11.85% of the $1.68 trillion digital currency economy. In addition, these prominent trading platfo...
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Vanguard Holds Significant Stake in MicroStrategy, Indirect Bitcoin Exposure Source: AdobeStock / photo_gonzo Vanguard, one of the world’s leading asset management firms, has secured a substantial stake in MicroStrategy (MSTR), providing investors with indirect exposure to Bitcoin (BTC). While ...
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Across-the-Board Crypto Stock Declines Erode Earlier Profit Streaks Although spot bitcoin exchange-traded funds saw substantial trading activity on Thursday and Friday, publicly-listed crypto companies faced a different fate, with several equities experiencing significant losses when the...
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$SCORP Presale Blazes Toward $3 Million Milestone as Passive Income and Deflation Drives Adoption Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. The presale of $SCORP tokens by Scorpion Casino has been very successful, raising an impressive $2.8 million. This amoun...
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GBTC's Closing NAV Discount and Steep Fees Trigger Outflows, ETF Analyst Expects 'More Over Time' Last week, the U.S. Securities and Exchange Commission (SEC) greenlit the debut of 11 diverse spot bitcoin exchange-traded funds (ETFs), which, in their initial two days on the market, experienced a substantial $7.65 bil...
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Near Foundation Cuts Staff by 40%, CEO Says Organization Is in Good Financial Health The NEAR Foundation recently said it has let go of 35 workers as part of a realignment exercise that sees it “focus on a narrower and higher-impact set of activities.” The foundation’s CEO insisted that the job cut...
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Coinbase Partners With Yellow Card to Expand Access to Its Products in 20 African Countries The leading crypto exchange Coinbase has said it will expand access to its products to 20 African countries. Coinbase also claimed that its partnership arrangement with the Africa-focused crypto exchange Yellow Card can ...
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Bitcoin Price Prediction as BTC Falls to Lowest Level in 2024 - Where is the Next Support? Bitcoin price has experienced a notable decline, trading at $42,825 with a sharp decrease of nearly 7% on Saturday, marking its lowest level in 2024. This downturn comes amidst growing skepticism from Bitcoin’s leaders...
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Starkware CEO Uri Kolodny Steps Down Due to Family Health Issues Starkware faces a leadership transition as CEO Uri Kolodny resigns over pressing family health issues. While stepping down, Kolodny leaves the company in the hands of co-founder and friend Eli Ben-Sasson. Starkware Sees ...
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This Solana Rival is set to top the Market Cap of SOL, currently only at $0.07 The cryptocurrency landscape is ever-evolving, with new projects constantly emerging, each vying for its place in the sun. One such project that has been turning heads and gaining momentum is Retik Finance (RETIK). This ...
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Venezuelan Petro Reportedly on the Brink of Liquidation According to local sources, one of the first state-backed cryptocurrency assets, the Venezuelan Petro, would be facing an imminent liquidation. Asonacrip, a national cryptocurrency association, reported having informatio...
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India Blocks Websites of Offshore Crypto Exchanges After Non-Compliance Warning   India blocked access to websites of several offshore crypto exchanges, including Binance, Kucoin, OKX , Gate.io and many others on January 12 . This action followed the removal of these platforms from the Apple App St...
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SEC Commissioner Criticizes Delay in Spot Bitcoin ETF Approval -- 'We Squandered a Decade of Opportunities' U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce has slammed her agency for the delay in approving spot bitcoin exchange-traded funds (ETFs). “Our arbitrary and capricious treatment of applicati...
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Grayscale's 4,000 Bitcoin Transfer Worth $175M Stirs Market Speculation Amid Record ETF Trading Volume Recent blockchain analytics reveal that 4,000 bitcoins, valued at approximately $175 million, have been transferred from addresses believed to be controlled by Grayscale’s Bitcoin Trust, commonly referred to as GBTC. R...
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Ark Invest Now Sees Higher Probability of Bitcoin Soaring to $1.5 Million, CEO Says Ark Invest CEO Cathie Wood has doubled down on her bullish bitcoin forecasts, now seeing a higher probability of the price of bitcoin soaring to $1.5 million per coin. She emphasized that the approval of spot bitcoin exc...
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Senator Elizabeth Warren Says SEC Is Wrong for Approving Spot Bitcoin ETFs U.S. Senator Elizabeth Warren has slammed the U.S. Securities and Exchange Commission (SEC) for approving spot bitcoin exchange-traded funds (ETFs). She stressed that the securities regulator is “wrong on the law and w...
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SEC Says Other Systems Secure After X Account Hack The U.S. Securities and Exchange Commission said its systems and devices were not breached by the party responsible for tweeting out a fake bitcoin ETF approval announcement earlier this week.
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Genesis Global Trading Settles with NYDFS, Pays $8 Million Penalty, and Surrenders BitLicense Genesis Global Trading, a subsidiary of Digital Currency Group, has agreed to pay an $8 million penalty to the New York State Department of Financial Services (NYDFS) after settling allegations of compliance failures. Th...
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Biggest Crypto Gainers Today on Uniswap - TUCKER, FROG, LOONG As Bitcoin (BTC) leads a sharp decline in the broader cryptocurrency market on Friday, traders looking to make quick gains are hunting for the biggest small-cap crypto gainers today on Uniswap. Small-cap cryptocurrencies...
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1inch DAO Votes to Hire Permanent Legal Counsel for Decentralized Nature Challenges The decentralized autonomous organization (DAO) of 1inch, a decentralized exchange (DEX) aggregator, has voted to enlist permanent legal counsel from Geneva-based Web3 solutions provider Storm Partners. The decision was ...
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