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Cryptocurrency News

Location American Cryptocurrency News for 6 February 2024
Pundi X Initiates PURSE Token Distribution to Boost DePIN Development Pundi X, a blockchain-based point-of-sale solution, has initiated the first phase of its PURSE token distribution in a bid to incentivize builders and participants of the Decentralized Physical Infrastructure Network (De...
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BlackRock's Bitcoin ETF Inflows Climb to Fifth-Highest Among All ETFs in 2024 Only 17 days after its launch, the BlackRock iShares Bitcoin Trust (IBIT) has become one of the top five exchange-traded funds (ETFs) of 2024 based on inflows, according to data from Bloomberg Intelligence.
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Treasury Secretary Janet Yellen Warns of Crypto Risks U.S. Treasury Secretary Janet Yellen is set to tell Congress that the crypto industry poses several potential hazards to the financial system, including the dangers of stablecoins, runs on crypto platforms and volatile p...
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China Never Completely Banned Crypto

Coin Desk - 6 Feb 2024 03:28
China Never Completely Banned Crypto Despite government crackdowns and widespread reports that crypto is outlawed in China, crypto trade is still very much alive. How is that possible?
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Hedera Secures $250 Million Partnership with Saudi Ministry of Investment for Web3 and Deep Tech Development Hedera, a leading Proof of Stake (POS) blockchain platform, has embarked on a transformative five-year partnership with the Saudi Ministry of Investment (MISA) to catalyze the development of Web3 technologies in the regi...
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Steve Wozniak Labels Bitcoin 'Safe, Stable, and Conservative' Amid Growing Legacy Adoption In line with the rising trend of the legacy tech and finance industries’ adoption of the top cryptocurrency, Apple co-founder Steve Wozniak labeled Bitcoin as a safe bet in a February 6 podcast. Speaking in the Wildrid...
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Craig Wright Denies Forging Evidence He's Satoshi on Day 2 of COPA Trial From self-plagiarism to poor multitasking, the self-proclaimed Bitcoin inventor offered an explanation for every inconsistency pointed out by opposing counsel during his first cross-examination in the London court case.
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Onchain Bitcoin Fees in 2024: A Closer Look at Transaction Costs and Delays Data gathered over the last 36 days reveals that the Bitcoin network’s average transfer fee has consistently exceeded the $3.68 mark, while costs for median-sized transactions have not dipped below the $1.67 threshold....
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Ronin Token (RON) Rally Holds Strong Despite Volatility After Binance Listing Ronin, the gaming blockchain developed by Sky Mavis, the creator of Axie Infinity, has demonstrated resilience in its token (RON) performance despite facing initial turbulence while listing on the crypto exchange Binance...
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FTX-linked Farmington State Bank Cleared from Federal Reserve Enforcement Action The Federal Reserve terminated an enforcement action with Farmington State Bank on February 6, announcing that the FTX-affiliated bank had "completed its wind-down plan and no longer functions as a bank." "The Board's en...
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U.S. SEC Clears 'Dealer' Rule Expansion That Could Rope in DeFi The U.S. Securities and Exchange Commission (SEC) widened its definition of a dealer today to pull many more financial operations into its jurisdiction - including, as it warned in a footnote of its original proposal - t...
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Can We All Stop Pretending That Solana Is in Beta? The phrase is only rolled out when things break on the popular blockchain.
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Bitcoin Miner Selling Ahead of Halving Is Capping Prices: Bitfinex Miner reserves saw continued net outflows since bitcoin ETF debut, falling to its lowest level since June 2021, CryptoQuant data shows.
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Andrew Eaton: From Lifelong Entrepreneurs to Prominent Network Marketer   Andrew Eaton is a lifelong entrepreneur turned successful network marketer who has emerged as a top earner in his field. Currently residing in the picturesque seaside village of Salt Rock in KZN, South Africa, Eaton l...
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Trump-Related Tokens Surge 100% Amid Widespread Appeal Amongst Americans Several Donald Trump-related tokens have experienced a 100% surge in price in the past 24 hours across various blockchains, following a February 6 announcement by Mechanism Capital. Mechanism Capital, an investment firm ...
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Sponge V2 Launch on Polygon Sees 56% Pump As Buyers Stake for 7500% Returns Newcomer meme coin Sponge is rallying hard after its $SPONGE V2 relaunch on Polygon. The token has added 69% in the last 24 hours to trade at $0.000932 at the time of writing. Sponge/USD This is an eye-watering 3628% ROI...
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Former Terra Development Team Leader Testifies Against Do Kwon On February 5, reports emerged from the Korean daily newspaper Chosun, detailing how a former Terra development team leader had come forward with testimony challenging Terra founder Do Kwon. According to the newspaper, t...
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DYOR Exchange: De-Risking the Web3 Trading Process for the New Generation   Amid a crypto landscape where a lack of knowledge often turns away potential users, DYOR Exchange is bridging the knowledge gap to enable easy access to the world of DeFi and Web3 Given that an estimated 90% of crypto...
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Biggest Crypto Gainers Today on Uniswap - AZR, YES, PANDORA Conditions in blue-chip cryptocurrency markets are tepid on Tuesday, with major names largely within recent ranges, but the biggest crypto gainers today on Uniswap keep pumping. Bitcoin (BTC) was last up 1% in 24 hours, ...
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The Big Misunderstanding: What MiCA Really Means for Stablecoins in Europe The EU's comprehensive crypto guidance does not introduce entirely new regulations for fiat backed stablecoins, former central banker Jón Egilsson writes. Instead it affirms existing rules that many current issuers are ...
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Monero's Market Plummets 32% as Binance Announces Delisting, Sparking XMR's Turbulence The leading privacy-focused cryptocurrency by market valuation, monero, experienced a sharp 32% decline within the last day after news broke that Binance intends to remove the coin from its platform. Citing non-complianc...
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Joe Rogan Has HODL'd Over 5 Bitcoin For Almost A Decade Famous podcaster Joe Rogan has held onto his Bitcoin (BTC) stash without selling any, as revealed by on-chain data dating back nearly a decade. Back in 2014, the mixed martial arts (MMA) commentator shared a QR code vers...
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