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Cryptocurrency News

Location American Cryptocurrency News for 16 January 2024
IMF Chief Sees Crypto as Asset Class -- Says Bitcoin Won't Dethrone US Dollar as Dominant Currency International Monetary Fund (IMF) chief Kristalina Georgieva sees crypto as an asset class, not money. She dismissed concerns of bitcoin potentially displacing the U.S. dollar as the world’s dominant currency, citing t...
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Magnus Carlsen and Animoca Brands Begin Phased Launch of Decentralized Chess Game Game software development company Animoca Brands has begun the phased launch of its decentralized chess strategy video game, Anichess, in partnership with Norwegian chess grandmaster, Magnus Carlsen, the company announce...
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Bitcoin's Ordinal Inscriptions Soar Beyond 55 Million, Achieving Third Highest Daily Record Following the weekend, the tally of Ordinal inscriptions on the Bitcoin blockchain surpassed 55 million. Notably, on Jan. 13, 2024, the blockchain witnessed its third-highest day of inscriptions, settling an impressive 4...
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EU Banking Watchdog Extends Anti-Money Laundering Measures to Cover Crypto Firms The European Banking Authority issued new guidance for crypto firms that will come into effect on Dec. 30, 2024.
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Samourai Wallet Unveils Privacy-Enhancing BTC to XMR Atomic Swaps in Beta Launch According to the Samourai Wallet developers, the beta release of bitcoin/monero atomic swaps has been launched, marking an exciting development in privacy-preserving techniques. This new release of the desktop applicatio...
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Ripple CEO Brad Garlinghouse Says Gensler is a Ripple CEO Brad Garlinghouse took shots at the United States Securities and Exchange Commission Chair (SEC), Gary Gensler, during an appearance at the World Economic Forum in Davos, Switzerland.  A new chair of the SEC?...
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EU Banking Watchdog Seeks to 'Harmonize' AML Measures With Extension to Crypto Firms Source: AdobeStock/Grecaud Paul Europe’s leading banking entity, the European Banking Authority (EBA), has extended its regulatory reach to cover the cryptocurrency space. In a blog post dated January 16, the EU bankin...
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Crypto Can Be a Coordination Layer for Artificial Intelligence The mainstreaming of AI means compute power is at a premium. Decentralized Physical Infrastructure Networks (DePINs) can fill a gap, says Shayon Sengupta, at Multicoin Capital.
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Cantor Fitzgerald CEO Foresees Bitcoin Rally at Next Halving, Affirms Tether's Reserves are Solid Howard Lutnick, CEO of the renowned financial services company Cantor Fitzgerald, recently shared his insights on bitcoin and tether during an appearance at the World Economic Forum in Davos on Tuesday. Lutnick drew para...
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Biggest Crypto Gainers Today on Uniswap - BABY, MONKEYS, SMILEY While blue-chip cryptocurrency markets are choppy on Tuesday as US market participants return from a long weekend, the biggest crypto gainers today on Uniswap are $BABY, $MONKEYS and $SMILEY. Small-cap cryptocurrencies a...
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Bitcoin Price Prediction as Miners' Sell-Off Intensifies - Is a Further Drop Inevitable? In recent developments, Bitcoin price prediction turned bearish as  the Bitcoin Miners’ Position Index (MPI) witnessed a remarkable surge, reaching 9.43 on January 12. This significant increase has sparked interest an...
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Best Crypto to Buy Now January 16 - Klaytn, Blur, Sei The KLAY price is surging amid Klaytn’s proposed merger with Finschia and network updates, thrusting Klaytn into the spotlight as a strong candidate for the best crypto to buy now. In parallel, BLUR’s market performa...
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Terra Luna Classic Price Prediction as LUNA Holds Steady Amid Market Volatility - A Sign of Strength? Terra Luna Classic (LUNC) Price Chart / Source: TradingView The Terra Luna Classic price is holding steady amid market volatility, with some bulls hoping this could be a sign of strength. Terra Luna Classic (LUNC) was la...
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After the ETF: ​​Bitcoin's Coming Power Struggle The approval of Bitcoin ETFs last week sets up a potential fight between Bitcoin Maxis and giant Wall Street institutions, says Michael Casey.
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Hashkey Group Achieves Unicorn Status With $100 Million Series A Funding After obtaining a comprehensive capital markets license in Singapore, Hashkey Group announced it has successfully garnered $100 million through a Series A funding round. The fresh injection of capital is earmarked for ex...
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Wall Street CEO on Tether Controvery: 'They Have the Money' Cantor Fitzgerald CEO Howard Lutnick vouched for stablecoin issuer Tether's legitimacy on Tuesday, addressing what has been one of the big questions in crypto over the years as its stablecoin, USDT, has grown into a behe...
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Benjamin Cowen Bearish on Fed Rate Cuts - How Will Bitcoin Price React to the Fed's Policy Shift? Bitcoin’s price may face pressure as analysts predict declines if the Fed begins cutting rates. Image by sasirin pamai, Vecteezy. The possibility of Federal Reserve rate cuts in the coming months has the crypto communi...
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Can Crypto Dethrone U.S. Dollar Dominance? Here Is Morgan Stanley's Take U.S. monetary policy, combined with the use of economic sanctions, have forced some countries to look for alternatives to the dollar, while growth of stablecoins may have emphasized the need of the fiat currency, the ban...
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TUSD's Stability Wavers -- Value Fluctuates Below $1 Peg Amid Market Turbulence and Binance's Dominant Hold Market insights reveal that on January 15, 2024, the stablecoin TUSD deviated from its usual $1 parity, dipping to $0.979 per coin the next day. By 10:00 a.m. Eastern Time (ET) on Tuesday, it managed to recover slightly,...
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Argentine President Javier Milei Signals Support for Provinces Launching Their Currencies Upon assuming office as the president of Argentina in December 2023, libertarian Javier Milei pledged not to oppose the implementation of national currencies by individual provinces. This statement follows a public excha...
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5 Best Cryptos to Include in a Balanced Portfolio in 2024 As investors shift back into risk-on assets in anticipation of rates cuts by the Federal Reserve, mainstream investors are increasingly looking for the best cryptos to buy 2024 as part of a balanced portfolio strategy. M...
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BlackRock Wants to Follow Bitcoin ETF With an Ethereum ETF. Marketing It Might Not Be So Simple Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product.
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