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Cryptocurrency News

Location American Cryptocurrency News for 19 May 2024
PitchBook Report: Crypto Fundraising Soars to $2.4B in Q1 2024 with Over 500 Deals The crypto market has experienced a significant surge in fundraising, reaching a whopping $2.4 billion in the first quarter of 2024, fueled by a shift in market sentiment and fresh inflows. The post PitchBook Report: Cry...
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Analyst: Solana to Reclaim $200, Many New Crypto ATHs Soon In his latest social media posts, Daniel Cheung, co-founder of Syncracy Capital, expressed confidence in the strength of solana (SOL) and its potential to reclaim the $200 mark. He also hinted that upcoming upgrades coul...
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US Authorities Arrest Chinese Nationals Allegedly Behind Crypto Scam Network An indictment unsealed in the Central District of California charges two Chinese nationals, Daren Li and Yicheng Zhang, with leading a scheme to launder at least $73 million tied to an international crypto investment sca...
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Bitcoin's $66.9K price holds strong, casts doubts on a 'deep correction' Despite ongoing speculation about Bitcoin's next potential "deep correction," some cryptocurrency analysts disagree on its likelihood.
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Russia and Iran Collaborating on Single BRICS Currency, Iranian Ambassador Says Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that over 60% of the two nations’ bilateral trade is conducted in Russian rubles and rials, ...
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Economist Jim Rickards Predicts Gold Price Exceeding $27,000 -- Says: 'It's Not a Guess. It's Rigorous Analysis' Economist Jim Rickards forecasts that gold prices could surpass $27,000, emphasizing that this projection is not made for attention or shock value. “It's the result of rigorous analysis,” he clarified. This represent...
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US Congress Passes First Standalone Crypto Legislation The U.S. Congress has passed its first standalone crypto legislation, which aims to overturn the controversial U.S. Securities and Exchange Commission (SEC)’s SAB 121 rules regarding crypto assets. However, President J...
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Ripple publishes math prof's warning: 'public-key cryptosystems should be replaced' Mathematician Massimiliano Sala says current encryption methods won't protect blockchain systems from quantum computers.
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Bitcoin bulls take charge as SOL, AR, GRT and FTM flash bullish signs Bitcoin is hogging all the limelight, but SOL, AR, GRT and FTM are also trying to move higher.
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Over $23M in Casascius Bitcoins Redeemed in 2024, Leaving $2.7B Untouched As of the latest data, 352.3 BTC valued at $23.5 million linked to Casascius physical bitcoins have been redeemed this year. Despite 155 physical bitcoin peels, an estimated $2.7 billion in value remains unclaimed and as...
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Cryptoquant CEO Predicts Bull Run Midpoint as Bitcoin Recovers The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024. Currently valued at $66,900 per unit, bitcoin’s price is showing improvement as June approach...
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Solana Leads with 91M Daily Transactions, Surpasses Ethereum: CoinGecko Report Solana has proven to be the fastest among large blockchains, processing a staggering 91 million transactions in a single day. The post Solana Leads with 91M Daily Transactions, Surpasses Ethereum: CoinGecko Report appear...
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10 US Spot Bitcoin ETFs Absorbed 548,556 BTC Worth $36 Billion in 128 Days According to recent data, the ten spot bitcoin exchange-traded funds (ETFs), excluding Grayscale’s Bitcoin Trust (GBTC), acquired 548,556.62 BTC from the market over the last 128 days. This acquisition means the ten ne...
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Accidental Bitcoin Transfer Pushes Satoshi Nakamoto's Genesis Wallet Over 100 BTC Based on the latest data, the well-known Genesis address owned by Satoshi Nakamoto now holds over 100 BTC after someone inadvertently sent 0.10754671 BTC, valued at $7,211, to the wallet. The current value of the wallet,...
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Bitcoin Price Prediction as $17 Billion Trading Volume Comes In - Are Chinese Whales Buying? Bitcoin is trading at $67,330.50 with a market cap of $1.33 trillion, driving speculation of Chinese whale activity amid a $17 billion trading volume. The post Bitcoin Price Prediction as $17 Billion Trading Volume Comes...
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Tether CEO Hints at Development of Global P2P Financial Markets Terminal Tether CEO Paolo Ardoino stated that the stablecoin company might put “significant resources” into developing a global peer-to-peer (P2P) financial markets terminal. Ardoino explained that decentralization in the pay...
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Yuval Harari Criticizes Bitcoin, Naira Becomes World's Worst-Performing Currency, and More -- Week in Review Historian Yuval Noah Harari criticized bitcoin, calling it a “currency of distrust.” The Nigerian naira has become the world’s worst-performing currency after erasing its early April gains due to ongoing foreign ex...
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Western Banks Face Major Asset Seizure in Russia Amid Gazprom Subsidiary Dispute In a significant move against western banks, a St Petersburg court has seized over $763 million of assets from Unicredit, Deutsche Bank, and Commerzbank, following a dispute with a subsidiary of Gazprom. This seizure, on...
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Solana Price Prediction as SOL Pushes Toward $170 - $1,000 SOL Possible By June? Solana (SOL) is trading at $172.84 with a market cap of $77.59 billion, pushing toward $170 amid a potential rally to $1,000 by June. The post Solana Price Prediction as SOL Pushes Toward $170 - $1,000 SOL Possible By Ju...
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UK Shuts Down Crypto Advisory Firm for Misleading Investors and Poor Financial Records The UK government announced this week that the Insolvency Service has secured a winding-up order against cryptocurrency advisory firm Amey Finance Academy Ltd at the High Court. The company, created by Desmond Amey in 20...
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Bitcoin clings to $67K, but analysis warns of 10% BTC price drop next Bitcoin bulls are enjoying 10% month-to-date gains currently, but one trader warns that the picture should soon look very different for BTC price action.
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Coinbase Ventures Into Australia's $600 Billion Pension Market With Tailored Crypto Services Coinbase, the largest US crypto exchange, is planning to tap into Australia's $600 billion self-managed pension sector, according to a Bloomberg report. The company is developing a service tailored for this sector, aimin...
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