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Cryptocurrency News

Location American Cryptocurrency News for 29 January 2024
Vanguard Says No to Bitcoin ETFs -- Views Crypto as 'Immature Asset Class' With 'No Inherent Economic Value' Financial giant Vanguard has explained why the firm does not make spot bitcoin exchange-traded funds (ETFs) available on its trading platform. A Vanguard executive stressed that cryptocurrency is “an immature asset cla...
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Russian Economist: 'US Sanctions Will Undermine Dollar and Boost Digital Ruble' A leading Russian economist has claimed that American sanctions will ultimately undermine the role of the US dollar in the global economy - and help the cross-border adoption of the digital ruble. Per News.ru, the commen...
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Kaspersky Alerts Public About Mac Specific Malware Targeting Crypto Wallets Kaspersky, the cybersecurity firm based in Russia, has issued a public warning regarding a new malware strain that particularly targets Mac users, focusing on their crypto wallets. This malicious software, which infiltra...
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Best Crypto to Buy Today January 29 - Conflux, Sui, Monero Conflux, Sui, and Monero stand out in the hunt for the best crypto to buy today, as progress with their CFX, SUI, and XMR tokens point to upside potential. Conflux’s CFX price surged over 40% over the past week after a...
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Kresus App and Worldcoin's Tools for Humanity Forge Web3 Partnership On Monday, Kresus, the Web3 platform specializing in cryptocurrencies and non-fungible tokens (NFTs), unveiled a collaboration with Tools for Humanity, the creators of the Worldcoin initiative and the World ID identifica...
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Su Zhu Recommends Prison for All, in an Attempt to Rebuild a Reputation Flipping the narrative, the disgraced 3AC financier says he enjoyed life behind bars. "I had the best sleep of my life."
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Hong Kong's SFC Issues Warning on Floki's 'Highly Risky' Staking Programs A Hong Kong watchdog, the SFC, has cautioned investors about the enticing yet potentially risky ‘Floki Staking Program’ and ‘Tokenfi Staking Program,’ which offer high annualized returns without the required regu...
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Record-high Hash Rates and Mining Difficulty Pushed Miners to Sell BTC: Compass Mining Bitcoin miners were forced to liquidate large portions of their Bitcoin holdings to cover operational expenses due to the surge in hash rates and mining difficulty, according to data from Compass Mining published on Janu...
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Digital Asset Funds Record $500 Million Outflows Amid Market Market Decline Digital asset investment products have recorded a massive $500 million in outflows in the last seven days following a week of sell-offs as the wider market struggled. A recent CoinShares Digital Asset Weekly Funds Flow R...
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Bitcoin Mining Firm GRIID Debuts on Nasdaq

Crypto News - 29 Jan 2024 23:31
Bitcoin Mining Firm GRIID Debuts on Nasdaq Today, Bitcoin mining company GRIID commenced trading on the Nasdaq stock exchange. In a January 29 press release, the company announced it would begin trading under the ticker symbol ‘GRDI’. "Today marks a significa...
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9 Newly Launched Spot Bitcoin ETFs Accumulate BTC Holdings Worth Nearly $6 Billion Current data reveals that Blackrock’s IBIT spot bitcoin exchange-traded fund (ETF) currently possesses 52,025.76 bitcoin, with a total value of $2.18 billion. Furthermore, Fidelity’s FBTC has increased its bitcoin ho...
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Over 73% of Europeans Are A survey conducted by Binance has found that a significant majority of Europeans are confident in the future prospects of the cryptocurrency industry. According to a survey published by Binance Square, approximately 73% ...
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Bitcoin Price Pumps Above $43,000 as BTC Bulls Regain Control - Here's What to Watch This Week The Bitcoin price pumped back to the north of the $43,000 level for the first time in two weeks on Monday as the BTC bulls regained control, with sentiment strengthening due to easing concerns about Grayscale sell pressu...
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Solana Price Prediction as Jupiter DEX Surpasses Uniswap - A New High for SOL Incoming? Solana (SOL) price predictions have sudden become much more bullish in wake of the cryptocurrency breaking above key technical resistance levels, and amid a surge in on-chain activity that saw Solana's largest decentrali...
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Report: Bitcoin and L2 Networks Lead Fee Generation Surge in Blockchain Landscape The PWN DAO Foundation, linked to the peer-to-peer lending protocol PWN, has released a comprehensive report analyzing user-incurred onchain fees within major blockchain networks and decentralized applications (dapps) fo...
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Solana's WEN Token Plummets Despite Burning 27% of Supply The burn turned out to be a "sell the news event" as traders had already accounted for the purge - and then some.
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Inmerion Crypto: Win 5 BTC for Free Today

Bitcoin.com - 29 Jan 2024 22:00
Inmerion Crypto: Win 5 BTC for Free Today The Inmerion crypto casino and sports betting is a new kid on the block, but it already looks like a tempting piece for players. From raking in 5 bitcoins to showering players with daily 20% cashback, Inmerion provides a...
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Crypto Funds Saw $500M in Outflows Last Week as GBTC Bleed Outweighed Rivals' Gains: CoinShares Outflows from Grayscale's GBTC now total $5 billion, but appear to be subsiding, CoinShares head of research James Butterfill noted.
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How AI and DePIN Will Change Web3

Coin Desk - 29 Jan 2024 21:31
How AI and DePIN Will Change Web3 The collision of Web3 services, distributed infrastructure (DePIN) and AI creates entirely new forms of internet experience and we're just starting to see the future, says Lex Sokolin, at Generative Ventures.
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Hong Kong to Strenghten OTC Crypto Market Regulation Hong Kong will now focus on regulating over-the-counter (OTC) cryptocurrency trading, according to local sources. Under Secretary for Financial Services and the Treasury Joseph Chan Ho-lim stated that the government will...
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DeFi Insurer Nexus Mutual Requests $153K for 6-Month Budget The crypto insurance protocol is anticipating growth stemming from a recent partnership.
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As Blockchains Push Toward Decentralization, These People Serve as Ultimate Guardians The goal of these "protocol councils," sometimes called "security councils," is to nudge these nascent networks toward increasing decentralization, by gradually removing them from under the control of their original deve...
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