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Cryptocurrency News

Location American Cryptocurrency News for 7 March 2024
WIF Whales Buying SMOG Token in Meme Coin Frenzy, Binance Listing in View After New ATHs Solana-based meme coin $SMOG's price powered 60% higher overnight as the Asian buying frenzy continues and rumors of a Binance listing abound. The post WIF Whales Buying SMOG Token in Meme Coin Frenzy, Binance Listing in...
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Vitalik Buterin's ENS Address Trades $100K Worth of ETH for Stablecoins Amid Market Uptick According to blockchain analytics, the Ethereum Name Service (ENS) domain “vitalik.eth” has engaged in a transaction of $100,000 worth of ether, converting it into an equal amount of stablecoins on the Base blockchai...
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BlackRock Bitcoin ETF Sees Record $750 Million Inflows - What's Going On? BlackRock Bitcoin ETF continues its rapid growth, with record-breaking daily inflows and impressive market performance. Analysts weigh in on investor sentiment as Bitcoin ETFs gain momentum, suggesting they could outpace...
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Ethereum Layer-2 Platforms Now Manage Over $36.7 Billion in TVL Ethereum layer-2 scaling solutions like Arbitrum, Optimism, and Base, now manage over $36.7 billion worth of assets in TVL. The post Ethereum Layer-2 Platforms Now Manage Over $36.7 Billion in TVL appeared first on Crypt...
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No Bitcoin ETF Without Further Crypto Regulation, Says South Korean FSS Chief No Bitcoin ETF will gain approval in South Korea unless the government introduces new crypto rules, the head of the Financial Supervisory Service (FSS) said on March 5. The post No Bitcoin ETF Without Further Crypto Regu...
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Fed Chair Powell Eases CBDC Concerns: US Far From Direct Fed Accounts, Emphasizes Need for Congressional Approval Federal Reserve Chairman Jerome Powell engaged with the Senate Banking Committee, signaling that the U.S. is just beginning to contemplate the introduction of a central bank digital currency (CBDC). Powell Assures No Dir...
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Best Crypto to Buy Today March 7 - Jupiter, THORChain, EOS As macro tailwinds following dovish commentary from Fed Chair Jerome Powell help lift major cryptos back towards recent highs, investors hunting for the best crypto to buy today would do better by taking a look at smalle...
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Elon Musk Sparks Excitement and Speculation in Crypto Community with OpenAI Troll Elon Musk's critique of OpenAI, the company he co-founded, has sparked a legal dispute and mixed reactions within the cryptocurrency community. His call for a more open AI dialogue contrasts with OpenAI's funding and str...
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SEC Chairman Gensler Comments on Bitcoin and Ethereum; Avoids Ethereum Security Classification Chairman of the U.S Securities and Exchange Commission (SEC) Gary Gensler has refrained from publicly disclosing the SEC's classification of Ethereum as either a security or a commodity. The SEC's position on Ethereum co...
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Mogo Takes a Further Leap Into BTC, Eyes Long-Term Gains With $5M Bitcoin Reserve Investment In a statement released on March 7, the Canadian fintech entity Mogo disclosed its strategy to diversify its portfolio by investing in bitcoin and bitcoin exchange-traded funds (ETFs), earmarking an initial outlay of as ...
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Nigeria's Central Bank Partners with Gluwa to Boost eNaira Amid Global Regulation Changes The Nigerian Central Bank has partnered with the blockchain-based financial platform Gluwa Nigeria to increase the adoption of its digital currency, the eNaira. This move seeks to address financial inclusion challenges a...
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Physical Bitcoin Worth Over $1 Million Presented At Auction Houses Well-known auction houses that typically offer rare coins, famous artworks, and other popular assets for collectors to bid on have started capitalizing on physical Bitcoin (BTC). Both Stack's Bowers Galleries and Heritag...
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CoinDesk Brings Consensus to Hong Kong

Coin Desk - 7 Mar 2024 23:00
CoinDesk Brings Consensus to Hong Kong The announcement comes as Hong Kong works to brand itself as Asia's digital assets trading hub.
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High Court Shifts Extradition Route for Terraform Labs' Do Kwon to South Korea In a recent legal twist, the High Court in Podgorica has ruled in favor of extraditing Terraform Labs co-founder Do Kwon to South Korea. This decision comes after the Montenegro Appeals Court overturned a previous ruling...
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Ether Could Run to $10,000 or Higher This Year on Numerous Catalysts: Bitwise Bitcoin has already climbed to new all-time high while ether is lagging, but previous market cycles suggest change is coming.
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Bitcoin Ordinals Wallet Oyl Raises $3M With Arthur Hayes, BRC-20 Creator Domo Among Investors Multiple Ethereum NFT funds were also among the backers, marking their first investment in a Bitcoin-focused company.
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Nayib Bukele Reacts to Bitcoin Critic's Indictment with Laughter President Nayib Bukele has responded humorously to a social media post highlighting the legal troubles of one of his country's prominent critics in Capitol Hill. Bukele quoted a post on X (formerly Twitter) with a laughi...
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Binance.US Revenue Plummets 75% Amid Fallout from SEC Lawsuit Binance.US lost three-quarters of its revenue after the SEC sued it, according to a new legal filing of a deposition in December 2023 by Chief Operations Officer Christopher Blodgett. "Our trading volumes and business mo...
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Philippine Gov't Cracks Down on Unlicensed Crypto Exchanges, Binance Still Accessible The Philippine National Telecommunications Commission (NTC) has initiated the blocking of websites belonging to crypto companies offering investment products without the necessary licenses in the country. The post Philip...
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U.S. Fed Chair Powell Says 'Nowhere Near' Pursuing CBDC, Won't Spy on Americans Even if the Federal Reserve were close to recommending a central bank digital currency (CBDC) in the U.S., Chair Jerome Powell told lawmakers that the Fed has zero interest in a system in which it would have a view into ...
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Bitcoin's Warm-up Phase: Analyst Predicts a Market Evolution That Could 'Shock' Traditional Finance As bitcoin remains close to its peak price levels, a wave of positive sentiment and enthusiastic vigor is enveloping the crypto sphere. This week, onchain analyst Willy Woo, the same market strategist who asserted in Nov...
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Shiba Inu Price Prediction as SHIB Drops 17% - What's Going On? SHIB has fallen by 17% overnight, with the Shiba Inu price slipping to $0.00003186 as the crypto market as a whole barely moves. The post Shiba Inu Price Prediction as SHIB Drops 17% - What’s Going On? appeared first o...
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