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Cryptocurrency News

Location American Cryptocurrency News for 27 April 2024
Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency Reserves The chairman of the Swiss National Bank has expressed reservations about incorporating bitcoin into the central bank’s currency reserves. He stated that no decision has been made yet to invest in bitcoin, underscoring ...
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Stablecoins Gain Ground as Global Financial Asset

Bitcoin.com - 27 Apr 2024 06:13
Stablecoins Gain Ground as Global Financial Asset According to Chainalysis' "Crypto Spring Report," stablecoin adoption and market importance are seeing a rapid increase in 2024, with a significant rise in the number of addresses holding them and their use in on-chain t...
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Bank of Russia and Rosfinmonitoring Reveal Fiat-to-Crypto Tracking System Pilot The Bank of Russia and Rosfinmonitoring revealed the existence of a ‘know your crypto customer’ system pilot, that aims to link the fiat operations of crypto users with their blockchain actions. The pilot, which has ...
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Crypto Community Loses OXT Analysis Tool Amid Legal Troubles for Samourai Wallet After the Samourai Wallet indictment, the cryptocurrency community discovered that the Bitcoin blockchain analysis platform OXT is no longer operational, as it was acquired by the Samourai team in December 2017. On April...
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Amid Shifts in Bitcoin Mining Economics, Steep Discounts Emerge for Older ASIC Rigs According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. ...
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DOJ Counters Tornado Cash Developer Roman Storm's Defense, Asserting Money Transmitting Operations The US DOJ has rejected Tornado Cash developer Roman Storm's motion to dismiss criminal charges, arguing that the defense's filing presented disputed facts that should be weighed by a jury rather than being resolved in a...
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Bitcoin Leads 30-Day NFT Sales, Outpacing 24 Blockchain Competitors While sales of non-fungible tokens (NFTs) have declined by over 38% in the past 30 days compared to the previous month, NFTs minted on the Bitcoin blockchain have dominated, accounting for more than 44% of sales. Statist...
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Ethereum Blockchain's New Bitcoin 'Will' Sellout -- Mollars ICO Now Past 65% Sold Ethereum Blockchain got its own new Bitcoin flying under the radar, kind of. Publications like CryptoNews, BitcoinInsider, and CryptoPotato have all mentioned the token; but just as the initial coin offering for BTC in 2...
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DTCC Declares No Collateral Value for Bitcoin-Linked ETFs, Impacting Loan Extensions The Depository Trust and Clearing Corporation (DTCC) has announced that it will not assign any collateral value to exchange-traded funds (ETFs) with exposure to Bitcoin or cryptocurrencies. The post DTCC Declares No Coll...
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Taking Ordinals to a New Level: Why Bitcoin Inscriptions Need AR Have you ever touched an NFT - or seen one floating in the air right in front of your eyes? The time has come to advance digital collectibles - and bring them as close to the physical reality as they have ever been, enab...
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Verasity and Creo Engine Partner to Enhance Creo Play with Video Capabilities and Innovative Rewards Verasity, an ad-tech company and issuer of the $VRA token, has announced a new partnership with Creo Engine, a rapidly expanding web3 gaming platform, to integrate VeraViews' video player functionality and in-game reward...
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Bitcoin Sees Rise in Sell Calls Amid Expectations of Asian Institutional Boost Over the past week, bitcoin has exhibited a downward trend, with its price stabilizing at around $62,950 to $63,125 per unit as of April 27. Despite this dip, the Crypto Fear and Greed Index remains firmly in the “gree...
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Prioritizing First-Mover Advantage Over Security Leaves Defi Protocols Vulnerable to Hacks - Nikita Ovchinnik According to Nikita Ovchinnik, founder of Barter Defi, decentralized finance (defi) protocols are increasingly becoming the primary target of most hacking attacks because defi “lays bare its inner workings for all to s...
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The Eroding State of Privacy in the Crypto World

Bitcoin.com - 27 Apr 2024 13:42
The Eroding State of Privacy in the Crypto World The balance between privacy and regulatory compliance in the crypto world is increasingly threatened as high-profile cases, such as the sanctions against Tornado Cash and the legal troubles of Samourai Wallet, come to th...
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DTCC rules out collateral for Bitcoin-linked ETFs

Coin Telegraph - 27 Apr 2024 12:15
DTCC rules out collateral for Bitcoin-linked ETFs This notice means that exchange-traded funds and similar investment instruments with Bitcoin or other cryptocurrencies as underlying assets will not be assigned any collateral value.
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Study: Half of Canadian Institutional Investors Actively Offered One Crypto Asset Product in 2023 According to a recent survey, half of Canadian institutional investors and financial services organizations have actively offered at least one type of cryptocurrency asset product or service to clients in the past year. ...
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Nvidia shares up 15% in 5 days -- Will AI crypto tokens follow? Nvidia's share price saw a 15% increase after a brief slump during the previous trading week, prompting analysts to speculate about the price movements of AI crypto tokens.
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A16z Exec Blasts Meme Coins: They Make Crypto Look 'Like a Risky Casino' Eddy Lazzarin, CTO of A16z Crypto, one of the largest cryptocurrency-focused venture capital funds, has criticized the meme coins’ effect on the broad appreciation of the cryptocurrency market. Lazzarin stated that mem...
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DOJ Disputes Roman Storm's Characterization of Tornado Cash Operations in New Filing The U.S. Department of Justice rebuffed Roman Storm's motion to dismiss criminal charges against him late Friday.
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Republic First Bank Fails, Triggers Minor Crypto Market Downturn Amid Banking Sector Concerns The United States witnessed its first banking failure of 2024 with the closure of Philadelphia-based Republic First Bank, creating ripples within the cryptocurrency community as Bitcoin, Ether, and various altcoins exper...
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New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest firs...
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Terra LUNA Classic Price Prediction as Community Revises Burn Tax - Can LUNC Reach $100? The Terra LUNA Classic (LUNC) price has failed to push to the north of its 21DMA and is reversing lower, despite the community revising the token's burn tax. The post Terra LUNA Classic Price Prediction as Community Revi...
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