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Cryptocurrency News

Location American Cryptocurrency News for 17 May 2024
Synthetix Stablecoin SUSD Drops Below $1 Parity, Struggles to Rebound According to current market prices, the synthetix usd (SUSD) stablecoin has fallen from its intended $1 parity. Charts show the token dipped to a low of $0.915 and is now trading at $0.958 per unit as of 8 a.m. EDT on Fr...
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Top Crypto Gainers Today on DEXScreener - SPURDO, BRETT, OMIKAMI As blue-chip cryptocurrencies post a strong finish to the week, with Bitcoin (BTC), Ether (ETH) and Solana (SOL) up 2.5%-5.5% each over the past 24 hours, traders are turning to the on-chain meme coin markets as they hun...
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Legendary Investor Tim Draper Leads Bitcoin Lending Protocol Zest's $3.5 Million Seed Round Draper Associates, the VC firm led by the legendary investor Tim Draper, has led the $3.5 million seed round of Zest Protocol, a Stacks-based Bitcoin lending market. The round, which also had the participation of Binance...
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Crypto Whales Are Hoarding This Solana Meme Coin - What Does it Do? A presale for Solana's all-American hillbilly $SEAL token has attracted over $1.4 million in just three weeks as it leads a new wave of Solana meme coins that has caught the attention of investors worldwide. Sealana’s ...
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Morgan Stanley Latest Bank to Disclose Spot Bitcoin ETF Holdings for Clients Morgan Stanley was the owner of $269.9 million of Grayscale's Bitcoin Trust (GBTC) as of March 31, a 13F filing showed.
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Down From the Peaks: Bitcoin Holds Strong, Closer to ATH Than Crypto Rivals Despite bitcoin holding steady above the $66,000 mark on Friday, the leading cryptocurrency is still down 9% from its all-time high (ATH). In comparison, most other cryptocurrencies are much further from their ATHs, with...
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Memecoin launcher pump.fun claims ex-employee behind $1.9M exploit Pump.fun said its smart contracts are safe and impacted users will receive "100% of the liquidity" that it previously had within the next 24 hours.
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DOJ's Unlawful Interpretation Threatens Bitcoin and Crypto Innovation, Lawmakers Warn Two U.S. senators have criticized the Department of Justice (DOJ)’s new interpretation of “money transmission,” which extends requirements to non-custodial software, citing concerns over its impact on crypto networ...
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Turkey Drafts Crypto Bills To Align With International Standards The crypto law that was presented by Abdullah Güler, the group chairperson of the political group AK Party, on May 16 would significantly regulate the cryptocurrency business in compliance with global norms. The post Tu...
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Oklahoma Enacts Bill Safeguarding Residents' Right to Self-Custody Digital Assets Oklahoma has passed a bill aimed at protecting the rights of its residents to self-custody their digital assets. The post Oklahoma Enacts Bill Safeguarding Residents’ Right to Self-Custody Digital Assets appeared first...
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Former Alameda Research CEO Sam Trabucco Defends FTX Exec Ryan Salame Ahead Of Sentencing Sam Trabucco, the once co-CEO of Alameda Research, has spoken out in support of FTX executive, Ryan Salame, ahead of his sentencing on May 28, an updated court filing reveals. Salame has largely kept out of the spotlight...
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US Lawmaker Introduces Bill to Dismantle Fed's Board of Governors and Abolish the Central Bank Following the policymaker’s survey, U.S. Representative Thomas Massie (R-Ky.) announced the introduction of H.R. 8421, known as the "Federal Reserve Board Abolition Act." This legislation aims to dismantle the Board of...
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Hong Kong Launches Personal e-CNY Wallets For Cross-Border Payments The e-CNY, also referred to as the digital yuan, is China's state-backed digital currency, and users can now open digital wallets and store it outside of mainland China in Hong Kong. The post Hong Kong Launches Personal ...
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Penguiana Reports New Milestones As PENGU Presale Hits Soft Cap, Teases Play-to-Earn Game Trailer Next Month PRESS RELEASE. Penguiana (PENGU), a novel penguin-themed meme coin, is making significant waves within the cryptocurrency and Solana meme community. With its presale already raising over 1500 SOL, Penguiana is positionin...
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Steven Cohen's Point72 Also an Owner of Bitcoin Via Spot ETFs Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets, Steven Cohen, held $77.5 million of the Fidelity Wise Origin Bitcoin Fund (FBTC) as of the close of the first quarter, according to a fil...
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Crypto Mining Surge and Erratic Weather Strain Laos' Power Grid A report released on May 16 highlights how increased electricity consumption due to crypto mining and inconsistent rainfall have led to power shortages in Laos, challenging its goals as a hydropower exporter in Southeast...
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Solana's SOL Could Hit $200 By Month End, Hedge Fund Founder Says The fifth-largest cryptocurrency is benefitting from multiple catalysts, including bustling meme coin and DeFi activity, upcoming network upgrade and increasing interest in restaking arriving to the ecosystem.
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Price analysis 5/17: BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA, AVAX, SHIB Bitcoin price aims to break its range resistance and hit a new all-time high. Will altcoins follow?
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Miners Eye Middle East as Next Region for Growth

Coin Desk - 17 May 2024 22:18
Miners Eye Middle East as Next Region for Growth The halving and a possible U.S. mining tax have miners considering new locations for basing their cost-sensitive operations.
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Institutions Will Require Data Management Tools For Digital Asset Adoption Institutions adopting digital assets will require data management tools to ensure transparency and risk assessment. The post Institutions Will Require Data Management Tools For Digital Asset Adoption appeared first on Cr...
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This ETF Token is Exploding on Solana - Could the Next Low Cap Gem 100x Overnight? In the latest Solana meme coin skyrocket, ETF token (ETF) has exploded +207% in just 24 hours amid a flurry of interest around crypto ETFs. This article will provide an analysis of ETF's current price trends and look to ...
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Detained Binance Executive Tigran Gambaryan Denied Bail By Nigerian Court Tigran Gambaryan, the Binance executive detained in Nigeria, has been denied bail on his 40th birthday, according to a court hearing in Abuja Friday. News of Gambaryan's court appearance comes shortly after Binance CEO R...
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