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Cryptocurrency News

Location American Cryptocurrency News for 3 June 2024
Elizabeth Warren: Crypto Prominent in the Global Fentanyl Trade Over the Last Decade Two U.S. Senators, Elizabeth Warren and Bill Cassidy, have asked the Biden adminstration to furnish them with updates on what the U.S. government is doing to curb the use of crypto in fentanyl trafficking. According to W...
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MicroStrategy and Michael Saylor settle tax case for $40M In August 2022, Michael Saylor faced allegations of tax evasion. He has since reportedly made the largest income tax fraud settlement in the history of the District of Columbia.
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Hong Kong Reveals 17 Crypto Trading Platform Applicants as New Regulations Take Effect Hong Kong's Securities and Futures Commission (SFC) has published a list of two licensed crypto trading platforms and 17 pending applicants under the new regulations that went into effect on June 1. The financial regulat...
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Bitcoin Knocks on $70K Level; Bitfinex Hopeful Selling Pressure That Sparked a Correction Is Ending Bitcoin's slump since March was driven by long-term holders selling, but blockchain data shows the trend has stalled and investors are accumulating BTC, Bitfinex said in a report.
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Sleeping Bitcoins Worth $13.87M Move After 11 Years, Transfer Exposes 2013 Whale According to data from June 3, an entity with eight wallets created in 2013 moved 200 BTC valued at $13.87 million after the funds remained untouched for over 11 years. If sold today, the value of these bitcoins has incr...
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Bitcoin futures premium hits 7-week high: is the rally sustainable? Bitcoin flirted with $70,200 on June 3, but traders fear excessive leverage might be a double-edged sword.
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Okx Launches Crypto Exchange and Wallet in the Netherlands Global crypto trading platform Okx has launched its centralized exchange and wallet in the Netherlands. Dutch customers can now engage in spot trading and convert services for over 150 cryptocurrencies, including more th...
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NOTCOIN vs. UXLINK: A Comparative Study on Mass Adoption Strategies in Web3 Project Overview NOTCOIN NOTCOIN is recognized as the first breakout project within the Telegram ecosystem. Since the beginning of this year, NOTCOIN has rapidly gained traction due to its inherent meme appeal and easy T...
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Billionaire Bitcoin Advocate Michael Saylor Agrees to $40 Million Settlement in Tax Evasion Case The billionaire Bitcoin advocate Michael Saylor has reportedly agreed to pay $40 million to settle an income tax evasion dispute with the District of Columbia Attorney General. The settlement ended the Attorney General's...
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Wisconsin Pension Plan Likely to Invest Much More in Bitcoin ETF, Marquette Professor Says The first quarter addition of two spot bitcoin exchange-traded funds (ETFs) to the portfolio of Wisconsin's pension plan was likely just the beginning for that U.S. state's investments into crypto, said David Krause, a p...
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Coinshares Reports 4th Consecutive Week of Inflows Into Digital Asset Funds The investment landscape for digital assets continues to brighten, with a fourth consecutive week of inflows totaling $185 million, pushing the total for May to an impressive $2 billion. The latest Coinshares inflow repo...
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Uniswap Vote Delay Shows DeFi Stakeholders Aren't All in It Together The Uniswap Foundation keeps punting on a "fee switch" proposal that would give UNI governance token holders a cut of liquidity providers' revenue.
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Former Binance CEO CZ Begins 4-Month Prison Sentence in California Binance founder Changpeng "CZ" Zhao has reported to a federal prison in California where he will spend the next four months for failing to implement an adequate know-your-customer (KYC) program at the world's largest cry...
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Price analysis 6/3: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA Bitcoin and select altcoins are attempting to break above their respective resistance levels, signaling aggressive buying by the bulls.
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This Week's Crypto Gainers and Losers: NOT Leads With 214% Gain, BTC and ETH Remain Flat Both bitcoin and ethereum experienced a tepid week over the last seven days, with BTC seeing a slight increase of 0.5% and ETH declining by 3.8%. Conversely, several crypto assets posted gains, with notcoin (NOT) rising ...
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Economist Jim Rickards: The Global Clearance and Settlement System Might Collapse After Seizure of Russian Assets Jim Rickards, an economist and author of the best-selling book 'Currency Wars,' has issued an alert about the possible collapse of the global clearance system. In a recent interview, Rickards noted that Euroclear, a sett...
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Australia's First Spot Bitcoin ETF Launching Tomorrow Australia-based Monochrome Asset Management is set to debut its spot bitcoin exchange-traded fund (ETF), IBTC, on the Cboe Australia exchange this Tuesday, June 4. This will be Australia’s first ETF to directly hold bi...
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New Meme Coin Raises $1.4M in Opening Week of Presale - Will PlayDoge Explode? Meme coins have made a comeback in the past few weeks – and one new token is separating itself from the pack. PlayDoge (PLAY), which combines the iconic "Doge" meme with play-to-earn (P2E) gaming, has already raked in ...
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Meme Stock and GME Meme Coin Craze Rekindled by Roaring Kitty's Reddit Return Meme stocks like Gamestop (GME) and meme coins associated with the GME and Wall Street Bets trend have experienced an upswing following Keith Gill’s return to Reddit. Gill, also known as “Roaring Kitty,” has sparke...
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Bitcoin Mining Power Wanes -- Network Hashrate Drops Below 600 EH/s Bitcoin’s hashrate has once again dipped below the 600 exahash per second (EH/s) threshold, following a brief increase in computational power on May 26. Since then, the seven-day simple moving average (SMA) shows that ...
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Bitcoin battles key resistance as trader flags $100K BTC price 'magnet' BTC price momentum is building as Bitcoin bulls attempt to cement $69,000 as support this month.
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Blockchain Sleuth Zackxbt Called out Floyd Mayweather on Token Scams Blockchain sleuth Zackxbt called out former boxing world champion Floyd “Money” Mayweather about his fraudulent token activities. Answering a now-deleted post on X where Mayweather promoted a Solana address for his t...
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