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Cryptocurrency News

Location American Cryptocurrency News for 22 February 2024
Non-Fungible Items; Picking up Where NFTs Left off -- COZ Co-Founder Tyler Adams Many have already pronounced the death of NFTs, and in part, they are correct. Amidst the fervor of the NFT hype cycle, we saw huge valuations and sales such as Beeple's 'The 5000 Days' collection selling for a staggerin...
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Nigerian Users Criticize Binance for Imposing Exchange Rate Caps on USDT to Naira Transactions Some Nigeria-based users of Binance’s peer-to-peer platform have blasted the crypto exchange’s decision to block or remove traders quoting USDT to naira exchange rates exceeding NGN1,802. Binance says it has the righ...
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Bitcoin ETF Net Inflows Slow to a Trickle as Price Flattens Inflows into the 10 spot bitcoin exchange-traded funds dropped to a two-week low on Wednesday, with the group attracting only about a net 500 bitcoin, some $25.5 million, data collected from the issuers' websites shows.
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Sam Bankman-Fried Ditches Legal Team, Moves Forward with Ex Celsius CEO's Lawyers Disgraced former FTX founder Sam Bankman-Fried appeared in a Manhattan federal court on Wednesday afternoon with a new legal team that also represents former Celsius CEO Alex Mashinsky. The post Sam Bankman-Fried Ditches...
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Texas Crypto Firm Lejilex Sues SEC Following Overstretched Securities Classification Texas-based cryptocurrency firm, Lejilex has filed a lawsuit against the Securities and Exchange Commission (SEC) over securities labels on cryptocurrency assets. The post Texas Crypto Firm Lejilex Sues SEC Following Ove...
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Helius Secures $9.5M Series A Funding to Boost Solana-Based App Creation Solana infrastructure startup Helius said Thursday that it raised $9.5m in a Series A funding round, with Foundation Capital leading the investment. The post Helius Secures $9.5M Series A Funding to Boost Solana-Based Ap...
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Reddit Holds Bitcoin (BTC) and Ether (ETH), According to IPO Filing Household social media platform Reddit will soon become the latest US public company to hold Bitcoin (BTC) and Ether (ETH). The post Reddit Holds Bitcoin (BTC) and Ether (ETH), According to IPO Filing appeared first on C...
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Reddit Discloses Bitcoin and Ether Holdings in IPO Filing Reddit has submitted a filing with the Securities and Exchange Commission (SEC) to go public on the New York Stock Exchange under the ticker symbol "RDDT."
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Lumerin Announces New Integration With Portal DEX for Decentralized Bitcoin Mining and Cross-Chain Hashpower Trading PRESS RELEASE. CHICAGO – Feb 22, 2024 – Lumerin, a decentralized Hashpower Marketplace built on Arbitrum that has built technology to make Bitcoin hashrate a liquid asset allowing for global access to peer-to-peer, d...
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Bitcoin ETF Price/Flow Correlation is Declining: JPMorgan The price of bitcoin (BTC) has not been moving as closely in relation to flows in and out of the spot ETFs as it previously did, according to JPMorgan.
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Eigen Labs Secures $100 Million A16z Investment for Ethereum Protocol Expansion On Thursday, the Eigen Labs development team, responsible for the Eigenlayer restaking protocol, announced a $100 million investment from A16z Crypto. This substantial funding comes after the project’s $50 million Seri...
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UK Law Commission Seeks To Classify Cryptocurrencies As A proposed UK law would officially define cryptocurrencies as a distinct form of property. This move seeks to create greater legal certainty, bolstering protections for holders of digital assets. The Law Commission of En...
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BNB Price Climbs to Highest Since FTX Crash Amid Airdrop Frenzy, Easing Binance Worries BNB holders transferred over $400 million worth of BNB tokens in 24 hours to benefit from cross-chain gaming project Portal's upcoming airdrop, Arkham Intelligence noted.
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Frankfurt to Host New EU Money Laundering Watchdog Tasked With Monitoring Crypto The Anti-Money Laundering Authority is part of a broader effort by the European Union to combat illicit fund flows, and is ready to begin work as early as Friday, officials said Thursday.
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Bitcoin Miner Marathon to Start 'Slipstream' to Make Complex BTC Transactions Faster The new offering will expedite the process of large and non-standard transactions.
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Luxury Brand Protocol Arianee Set to Launch New Polygon CDK-Powered Chain Arianee, the ownership infrastructure behind a number of global luxury brands, has announced its plans to unveil a brand new layer 2 built on Polygon "to leverage the full potential of digital product passports (DPPs) an...
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The European Central Bank Is Either Lying About Bitcoin or Lying to Itself ECB Director General Ulrich Bindseil and advisor Jürgen Schaaf are definitely against bitcoin, but their reasons don't make a lot of sense.
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Crypto Billionaire Arthur Hayes Unveils 8 Altcoins Set for a 'Bull Rally' On February 21, BitMEX co-founder and Maelstrom's Chief Investment Officer, Arthur Hayes, revealed eight altcoins he believes will experience significant growth as the crypto bull season draws near. His lineup includes d...
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Retail Investors Were Likely Behind The Crypto Market Rally in February, JPMorgan Says Increased retail activity comes ahead of the three main catalysts in the coming months: the bitcoin halving, the Dencun upgrade of the Ethereum blockchain and the potential approval of spot ether ETFs, the report said.
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Top Crypto Gainers Today on DEXTools - BABYSORA, XCN, SORAFI As AI-coins take the spotlight on Thursday following blockbuster Nvidia earnings, with the likes of Worldcoin (WLD), SingularityNET (AGIX) and Render (RNDR) pumping between 25-40% in 24 hours, some of the top crypto gain...
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Decentralized Money Market Protocol Aave Joins BNB Chain's Defi Landscape On Feb. 22, 2024, the primary development group of the BNB Chain revealed that the decentralized finance (defi) money market protocol, Aave, has been successfully launched on the BNB network. Boasting a total value locke...
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S&P Global Just Made Ethereum's Centralization Risk a TradFi Concern Institutional interest in digital assets means that crypto terms such as 'Nakamoto Coefficient' are now mainstream issues.
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