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Cryptocurrency News

Location American Cryptocurrency News for 18 May 2024
Dolce & Gabbana Sued Over $6,000 NFTs Losing 97% Value Dolce & Gabbana USA Inc. faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which included metaverse outfits, lost 97% of their value due to delivery failures by the luxury fa...
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'Big Short' Investor Michael Burry Goes Hard on Gold, Invests $10 Million in Q1 Michael Burry, an investor famous for making a fortune by anticipating the 2007 subprime mortgage crisis, made a sizable bet on physical gold. According to regulatory filings, Burry’s Scion Asset Management purchased o...
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Value Locked in Defi Nears $100B Range Again After $11.89B Increase in 35 Days Over the past 35 days, the total value locked in decentralized finance (defi) protocols has expanded by $11.89 billion, recovering from a low of just over $83 billion on April 13. Although it has not yet reached the $100...
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Blackrock Bitcoin ETF Attracts 414 Institutional Holders -- Analyst Says IBIT 'Blows Away Record' Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), has amassed 414 insitutional holders in less than three months, according to filings with the U.S. Securities and Exchange Commissi...
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Trader turns $3K into $46M in PEPE, Ethereum gas overhaul, Tornado dev guilty: Hodler's Digest, May 12-18 Trader makes millions after PEPE price soars, a new gas model for Ethereum, and Tornado Cash developer convicted.
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China's $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be China’s strategic move...
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14 Years Ago, an Individual Offered 10,000 Bitcoins for 2 Pizzas, Finalizing the Deal in 4 Days Approximately 14 years ago today, Laszlo Hanyecz posted on bitcointalk.org, offering 10,000 bitcoins for “a couple of pizzas.” However, most people are not aware that it took him four days to finalize the transaction...
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Top U.S. Hedge Funds Embrace Spot Bitcoin ETFs, 13 of 25 Invested: River Report Out of the top 25 hedge funds in the United States, 13 have entered the market by investing in the ETFs during the first quarter. The post Top U.S. Hedge Funds Embrace Spot Bitcoin ETFs, 13 of 25 Invested: River Report a...
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Silver Squeeze: Precious Metal Soars 11.8% in 5 Days, Reaching Its Highest Price Since 2013 This week, the price of one ounce of silver has seen a significant rise. Over the past five days, silver has increased by more than 11% against the U.S. dollar, surpassing gold’s 2.3% five-day gain. Silver reached $31 ...
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Bitcoin's Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set months prior. Similarly, the trend of Ordinals ins...
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Court Approves Crypto Lender Genesis' $3 Billion Payout to Customers Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 plan, ...
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Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions Between May 10 and May 17, non-fungible token (NFT) sales totaled $150.56 million, marking an 8.97% decline from the previous week’s figures. NFT sales have consistently decreased on a weekly basis, as four out of the ...
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Bitcoin Price Prediction as BTC Approaches $67,000 Level - New All Time High This Week? As Bitcoin edges close to $67,000, analysts speculate if a new all-time high is on the horizon, backed by a robust $24.62 billion trading volume. The post Bitcoin Price Prediction as BTC Approaches $67,000 Level - New Al...
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Welcome to Duelbits' Festival Of Football

Bitcoin.com - 18 May 2024 15:00
Welcome to Duelbits' Festival Of Football As the anticipation builds for Euro 2024 and Copa America, Duelbits has recently announced a promotion that promises excitement and rewards for avid soccer fans. Wager $20 or more each week with an eligible bet to add a ...
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Nigerian Court Rules Tigran Gambaryan Can Face Tax Evasion Charges on Behalf of Binance The Binance executive, Tigran Gambaryan, who is currently in jail, has been deemed eligible by a Nigerian court to represent the cryptocurrency exchange in its ongoing tax evasion trial. A spokesperson for Binance stated...
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Billionaire Telegram Founder Pavel Durov Holds $7 Million in Notcoin, Pledges to Hold Until 100x Pavel Durov, the founder of Telegram, has received a generous donation from over half a million players of the viral Telegram-based clicker game called Notcoin. The post Billionaire Telegram Founder Pavel Durov Holds $7 ...
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Mastercard Welcomes 5 Startups to Blockchain and Digital Asset Program Mastercard’s Start Path Blockchain and Digital Asset program has expanded to include five new startups, aiming to explore innovative uses of blockchain technology. “Digital assets are becoming increasingly mainstream...
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Financial Nonprofit Better Markets: Approving a Spot Ether ETF Would Threaten 'the Broader Financial System' Better Markets, a financial nonprofit organization, has lashed out against approving a spot ether ETF product, stating that it would endanger the broader financial system. In a supplemental comment letter sent to the SEC...
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Binance Aids Taiwan in Busting $6M Crypto Money Laundering Ring Binance’s Financial Crimes Compliance Department recently collaborated with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office on a significant cryptocurrency-assisted money ...
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Crypto personality pleads guilty to fraud after promising 60% 'fictitious' returns The United States Department of Justice alleges Thomas John Sfraga convinced a victim to invest in a "fictitious" cryptocurrency" wallet after promising significant gains.
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Political Donations Hits Record $91M of Crypto Pre 2024 Election Crypto industry donors have poured $94 million into federal political committees since 2023 in an effort to support pro-crypto governance. The post Political Donations Hits Record $91M of Crypto Pre 2024 Election appeare...
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Ontario 'Crypto King' Faces Major Fraud and Money Laundering Charges The Ontario Securities Commission (OSC) announced on May 15 that two Ontario residents have been charged with offenses under the Criminal Code of Canada as part of Project Swan, a joint investigation by the Durham Region...
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