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Cryptocurrency News

Location American Cryptocurrency News for 8 February 2024
Activist DAO Investor Pivots to Building a Company Diogenes Casares' new Stream Protocol is a trading platform he plans to eventually turn into a decentralized perpetual swaps exchange.
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First Mover Americas: Bitcoin Approaches $45K; Crypto Trading Volumes Rise The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 8, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.
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Bitcoin Soars Above $45K, Reaching 4-Week High Post Spot ETF Launch Bitcoin’s USD value surged to its peak in nearly four weeks, marking the highest point since the launch of spot bitcoin exchange-traded funds (ETFs) on Jan. 11, 2024. On Thursday, bitcoin’s price climbed over 4% agai...
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Myro Price Dips 15%, Is New Meme Coin Smog The Best Crypto To Buy Now? The Solana meme coin sector has witnessed a major move as Myro, a coin named after the Solana founder’s dog, experienced a 15% drop in value. This article will provide an analysis of MYRO’s current price trends and l...
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SocialFi Project Friendzone to Debut on Polygon Blockchain Decentralized social marketplace Friendzone is hopping on the Polygon blockchain for a Feb. 26 launch, and eyeing a move to Polygon zkEVM down the line. The app is said to combine the emotional aspects of traditional soc...
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Do Kwon Wins Appeal as Montenegro Court Overturns Extradition The Montenegro Court of Appeal has set aside the decision to extradite the co-founder of Terraform Labs Do Kwon saying the original order was "affected by significant violations." The court decided to revoke the extradit...
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Blockchain Could Have Saved Americans $74 Billion on Credit Card Fees: Coinbase Coinbase, a leading cryptocurrency exchange, has emphasized the potential of blockchain technology to save American consumers billions of dollars in its latest “State of Crypto Report,” released on Wednesday. Accordi...
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Illicit Virtual Asset Use On The Rise, U.S. Treasury Report Reveals The U.S. Treasury Department is seeing an increase in illicit crypto use according to a Thursday report. The department's 2024 National Risk Assessments on Money Laundering, Terrorist Financing, and Proliferation Financi...
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Kraken Obtains VASP Registration From Dutch Central Bank Crypto exchange Kraken was granted a virtual asset service provider (VASP) registration from the Dutch Central Bank today. Kraken announced the acquisition of its fourth European VASP license, which will make its service...
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Why Europe's MiCA Raises the Barrier to Entry for Stablecoin Issuers The Markets in Crypto Assets Regulation (MiCA), due to take effect this year, is the European Union's comprehensive crypto law. The legislation promises legal certainty, compliance challenges and global implications. MiC...
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Bridgetower Capital and Deus X Capital Launch $250 Million Digital Asset Platform in UAE Bridgetower Middle East, established by Bridgetower Capital and Deus X Capital, launched a digital asset platform in Abu Dhabi to cater to institutional investors in the UAE and Middle East. Arabian Business reported the...
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SEC Delays Decision on Invesco and Galaxy Digital's Spot Ether ETF The United States Securities and Exchange Commission (SEC) has delayed its ruling on the Invesco Galaxy ether exchange-traded fund (ETF), and has now been pushed to potentially July 2024 after opening the proposal to pub...
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Solana Gains More Than Bitcoin as Trader Speculates an 'Extreme Move' Is Ahead The broader altcoin market also showed signs of rebounding from oversold levels, one analyst noted.
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Ethiopia Emerges As New Bitcoin Mining Hotspot - Will it Last? Ethiopia is growing popular for Bitcoin mining after China ejected the industry from its borders in 2021. Following the ban, China's biggest players scattered across the globe searching for new locations that would respe...
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On-Chain Domains Expand Usability of Web2 Platforms Just as the internet advanced with the evolution of the Domain Name System (DNS) - which turns domain names into IP addresses - the crypto sector is undergoing a similar transition with the implementation of on-chain dom...
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Bitcoin Price Prediction as BTC Becomes 10th Most Valuable Asset in the World - Can it Overtake Gold? Bitcoin Price Prediction As Bitcoin (BTC/USD) ascends to the 10th spot among the world’s most valuable assets, its current trajectory highlights a significant moment in the evolution of digital currencies. Trading at a...
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Ukraine Set to Freeze Citizens' Bank Accounts Who Sidestep War Draft - Can Crypto Help? On February 7, the Ukrainian parliament approved the first reading of a bill to enforce stricter regulations for mobilizing recruits into the military. It also proposed freezing bank accounts for those attempting to evad...
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Vaneck Exec States Solana Outage Might Have Been Manually Triggered Matthew Sigel, head of digital assets research at Vaneck, revealed that there is speculation around the cause of the latest Solana outage, which stopped its blockchain by five hours. Sigel explained that the bug that cre...
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Ethereum Developers Set March 13 as Target Date for Dencun Upgrade Ethereum developers have set a mainnet launch date for the Dencun upgrade, which will introduce several Ethereum Improvement Proposals (EIPs), including proto-danksharding, which is expected to drive down transaction cos...
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JPMorgan Survey Shows Over Half of Institutional Traders Don't Want Crypto Exposure The bank's survey of over 4,000 traders found that 78% of the participants do not plan to trade cryptocurrencies, while just 12% plan to do so in the next five years.
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Blockchain Advocacy Groups Slam EIA's 'Politically Motivated' Inquiry Into US Crypto Mining After the U.S. Energy Information Administration (EIA) declared its intention to launch an urgent inquiry into the power consumption of cryptocurrency mining within the nation, two blockchain advocacy organizations have ...
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US Prosecutors Call for Hearing Amid Potential Conflict of Interests in Alex Mashinsky and SBF Cases The US government raised concerns about potential conflicts of interest in the ongoing criminal cases of FTX and Celsius Network founders Sam Bankman-Fried and Alex Mashinsky on February 6. The area of concern surrounds ...
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