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Cryptocurrency News

Location American Cryptocurrency News for 15 March 2024
'Wolf of All Streets' Expects Mainstream Crypto FOMO to Return When DOGE Hits New All-Time High Scott Melker, also known as the "Wolf of All Streets," has revealed his theory on the potential resurgence of mainstream fear of missing out (FOMO) in the crypto market. He asserted that people seem to forget that the ma...
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Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on fraud and conspiracy charges tied to the collapse ...
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Cordial Systems Launches Cordial Treasury Naming Jump Crypto as a Client Cordial Systems, a venture-backed blockchain infrastructure company, has launched Cordial Treasury with several clients including Jump Crypto, the digital-asset unit of Jump Trading. The post Cordial Systems Launches Cor...
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Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says The bank raised its price target for the crypto exchange to $150 from $95.
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Michael Saylor's MicroStrategy Prices Upsized $525M Debt Offering to Buy More Bitcoin The firm announced its plans to raise $500 million in a debt offering on Wednesday only days after purchasing 12,000 BTC with the proceeds of a previous $700 million offering.
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Tether Assists US Government in Seizing $1.4 Million From Unhosted Wallet Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, announced that it helped the U.S. government to seize $1.4 million linked to an alleged fraud scheme. According to the...
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Web3 Community Celebrates Women's History Month in The Metaverse and Beyond March has seen several web3 initiatives to recognize and spotlight women’s achievements in celebration of Women’s History Month. This annual observance, established in 1987, emphasizes the profound contributions wome...
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Russia Regulates Use of Digital Assets for International Settlements Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as payment for internati...
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How Artificial Intelligence Could Start To Boost Crypto Crime: Chainalysis Artificial intelligence could breed a dangerous new category of crypto-based crime in the coming years, according to blockchain intelligence platform Chainalysis. The post How Artificial Intelligence Could Start To Boost...
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Marathon Digital Expands Bitcoin Mining Presence with Texas Acquisition On March 15, Applied Digital announced that it had concluded the sale of its 200-megawatt (MW) Bitcoin mining facility to Marathon Digital Holdings for $87.3 million. The second quarter of 2024 is the expected date of co...
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French Montana Makes History With Song Etched on Bitcoin Blockchain French Montana becomes the first artist to inscribe a music track into the Bitcoin blockchain. French Montana's previously unreleased track "Bag Curious," which was supposed to be a hidden track on the Mac & Cheese 5 alb...
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Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan As reported by a JP Morgan analyst, Bitcoin has surged past gold in terms of investor portfolio allocation, taking volatility into account. The post Bitcoin Surpasses Gold in Investor Portfolios: JPMorgan appeared first ...
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European Commission Grills Big Tech on AI Risks to Elections: Deepfakes, Misinformation in Focus On March 14, the European Commission formally enquired into strategies adopted by big tech companies to mitigate generative Artificial Intelligence (AI) risks capable of misleading election voters. The commission has giv...
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Ethereum Rollups Start Reaping Dencun Benefits: 99% Fee Drops Reported in Some Cases Ethereum rollups, the layer 2 scaling structures, have started reaping the benefits of the recently applied Dencun upgrade. The update, which included EIP-4844, also known as Proto-Danksharding, has allowed transaction f...
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Crypto Investor Binance Splits from Venture Capital Arm Earlier this year, Binance quietly split from its venture capital division, Binance Labs, and established as an independent entity now valued at $10 billion. This change in operation became effective under Binance's newl...
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Crypto Whales Are Stacking This Undiscovered Crypto Before it Lists on New Exchanges - Time to Buy? Crypto whales are quickly accumulating Sponge token (SPONGE V2) in anticipation of listings on major exchanges. Sponge’s price analysis suggests this could trigger big price moves in the weeks to come. This surge in in...
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El Salvador Transfers 5,000 Bitcoins to Cold Wallet, Surpassing Bitcoin Holdings Estimates El Salvador moved over 5,000 Bitcoins valued at over $400 million into a cold wallet this week, President Nayib Bukele revealed in a March 14 X post. The move surprised the cryptocurrency community by substantially surpa...
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Billion-Dollar Volumes and Then a Steep Drop Prompts Allegations of Wash Trading on Aevo In response, Aevo says customers suddenly traded more on its decentralized exchange to try to get some of its airdrop.
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Meme Coins Going Legit Is the Worst Thing for Meme Coins Institutions like Franklin Templeton are taking meme coins increasingly seriously this cycle. But will these joke-y projects run afoul of regulators?
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What Happens Next in COPA vs Craig Wright Trial is Down to the Judge The Crypto Open Patent Alliance is seeking several court injunctions from Wright.
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Unraveling the Mystery: Qatar's Role in the $3.3 Billion Bitcoin Investment Rumors Rumors are spreading like wildfire across the crypto grapevine that the state of Qatar could be making a huge, possibly multibillion-dollar huge, Bitcoin (BTC) bet soon. At least one article claims the Middle Eastern nat...
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Upland Introduces Token Reward System With 'Share and Build' Airdrop Series Upland, a popular Web3 metaverse and crypto game, unveiled the inaugural chapter of its “Share and Build” airdrop series on Friday. This initiative is designed to reward players with tokens for their participation. U...
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