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Cryptocurrency News

Location American Cryptocurrency News for 9 February 2024
Vibe Check: Momentum Building: CoinDesk Indices' Todd Groth Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.
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Bitcoin's Hashrate Hits Record 609 EH/s, Powering Through to New Peaks Amid Price Surge Bitcoin’s computational power soared to unprecedented heights this week, climbing to 609 exahash per second (EH/s) on Thursday, as per the seven-day simple moving average (SMA). Over the last year, figures reveal a sta...
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Bitcoin Price Punches Above $48,000 Amid Strong ETF Inflows, Bullish Seasonality, Fading Miner Sell Pressure, US Equity Upside Bitcoin Price Punches Above $48,000 / Source: Dalle-3 The Bitcoin price topped $48,000 briefly on Friday for the first time since the first day following spot Bitcoin ETF launches on the 11th of January, and was last up ...
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Trader Nets $1.6M on WEN's 500% Upsurge - Could Galaxy Fox Outperform? $WEN is a new meme coin on Solana, generating buzz and significant community interest after 70% of its total supply was airdropped to over one million wallets. A smart investor capitalized on the heightened attention aro...
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The Key to Making More Money During a Crypto ICO? Look Trustworthy, New Study Says A February 8 study from the Hanken School of Economics in Helsinki, Finland, has unveiled that a trustworthy appearance could boost investor funding in crypto initial coin offerings (ICOs) by an impressive 95%. For conte...
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Bitcoin Price Prediction as Bitcoin ETFs Record Third Largest Daily Inflows - $100,000 BTC Possible?   Bitcoin Price Prediction In the dynamic world of cryptocurrency, Bitcoin continues to capture headlines with its recent surge to $46,000, propelled by significant developments in exchange-traded funds (ETFs) and econo...
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Economist Dr. Nomi Prins Sees Potential for Massive Banking Crisis, Foresees QE as Remedy This week, during a recent interview, the renowned geo-macro economist and acclaimed author Dr. Nomi Prins shared insights on the Federal Reserve’s future actions, particularly regarding whether the central bank will r...
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Hodlonaut Photo Incident Sparks Judge's Livestream Warning in Wright-COPA Case On February 9, during a tense moment in the trial between Craig Wright, who claims to be the inventor of Bitcoin, and the Crypto Open Patent Alliance (COPA), presiding Judge Mellor issued a warning. The cause: a courtroo...
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Ethereum Has Gatekeepers (for Good Reason)

Coin Desk - 10 Feb 2024 00:25
Ethereum Has Gatekeepers (for Good Reason) A new, non-standard token standard called ERC-404 circumvented the usual token approval process and is capitalizing on a term with an actual definition.
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As Cardano Price Rises, Spotlight Turns to an Emerging Green Crypto Project As the Cardano price rises towards $0.55 and threatens a break back to last December's highs in the $0.68 area, the spotlight is turning to an emerging green crypto project called eTukTuk. The Cardano price rose through ...
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Ethereum's Growth Could Spike With Increased Institutional Investments In First Half of 2024: Coinbase With a fresh analysis released on February 8, Coinbase’s research division shed light on the anticipated growth in Ethereum’s trading dynamics during the initial six months of 2024. Coinbase analysts highlighted grow...
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Arthur Hayes Argues for 'Points' System Instead of ICOs for Crypto Fundraising Due to growing regulatory challenges and concerns surrounding ICOs (Initial Coin Offerings) in the crypto industry, BitMEX CEO Arthur Hayes proposed a crypto ‘points’ system as an alternative on February 9. Hayes sha...
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New York Attorney General Triples Fraud Allegations Against DCG to Over $3 Billion New York Attorney General Letitia James has escalated the state’s legal action against Digital Currency Group (DCG), tripling the estimated size of the alleged fraud to over $3 billion. This development follows a prolo...
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Dragon Year Awakening -- Bitcoin Proponents Eye Bull Market Surge Amidst Zodiac Predictions As we usher in the Year of the Dragon this coming weekend on Feb. 10, 2024, per the Chinese zodiac, a significant swath of cryptocurrency enthusiasts are optimistic that bitcoin is on the cusp of a substantial bull marke...
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Best Crypto to Buy Today February 9 - BONK, BEAM, SUI As Bitcoin (BTC) cruises towards $48,000 and leads a broad crypto market rally, higher risk-tolerant crypto investors are scouring the smaller cap altcoins markets on the hunt for the best crypto to buy now. Bitcoin is u...
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Hong Kong's SFC Issues Warning on MEXC for Alleged Crypto Fraud Hong Kong's Securities and Futures Commission warned the public of an allegedly fraudulent crypto exchange today. In an announcement published on its website, the SFC noted that an organization operating under the name M...
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Optimism to Halt ETH Withdrawals for Testing Upgraded Incident Response System On February 15, the Optimism network will suspend ETH token withdrawals to test an updated security response system. Withdrawals will not be possible for one hour, the developers said. According to the announcement, ETH ...
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New York Expands Fraud Case Against Digital Currency Group to $3 Billion New York Attorney General Letitia James has amplified its fraud case against Digital Currency Group (DCG), now saying the company is responsible for $3 billion in investor losses tied to the Gemini Earn product and to di...
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Australian Federal Court Rules Against Block Earner for Unlicensed Financial Services Conduct An Australian federal court has determined that fintech company Block Earner engaged in unlicensed financial services conduct by offering its crypto-backed Earner product. The Federal Court finds fintech company Block Ea...
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Dymension Price Doubles After Airdrop as New Meme Coin Surges to $8.8 Million in Funding Following a successful DYM airdrop, promising IBC roll-ups project Dymension Network has seen price of native DYM token double. This article will provide an analysis of DYM's current price trends and look to see whether ...
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Former British Finance Minister Denies Crypto Lobbying Allegations The UK’s former Chancellor of the Exchequer, Lord Philip Hammond, has denied allegations that he may have been illegally lobbying for crypto company Copper. Hammond currently Chairs the Switzerland-based crypto firm. H...
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Steven Waterhouse, CEO of Orchid Labs, on DePIN, AI, Decentralized VPNs, and Fighting for Internet Freedom | Ep. 307 Cryptonews' Matt Zahab recently sat down with Steven Waterhouse, CEO and co-founder of Orchid Labs, an open-sourced, decentralized marketplace for Internet services that aims to provide the building blocks for a better, ...
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