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Cryptocurrency News

Location American Cryptocurrency News for 5 June 2024
SEC Closing Salt Lake Regional Office After Failed Legal Battle Against Crypto Firm The U.S. Securities and Exchange Commission (SEC) has announced the closure of its Salt Lake Regional Office (SLRO) due to attrition and a focus on organizational efficiency. This move will reduce the number of SEC regio...
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BNB Soars to New Heights: Hits New All-Time High of $708 Binance Coin (BNB) has reached a new all-time high (ATH) of $708 at the time of writing, following a 12% increase in price. BNB is the native cryptocurrency of the Binance platform, one of the largest and most popular cr...
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Bitcoin may hit new high if US employment, inflation slows Bitcoin could hit new highs in a matter of days if it holds strong amid three-year low job openings and possible slowing inflation in the U.S., says crypto researcher Markus Thielen.
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Mike Novogratz Expects Bitcoin to Hit $100K by Year-End as US Political Support for Crypto Grows Galaxy Digital CEO Mike Novogratz predicts bitcoin could hit $100,000 by year-end, citing a positive U.S. political environment for digital assets. He highlighted growing optimism for cryptocurrencies and progress on SEC...
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Bitcoin Options Traders Anticipate Imminent Breakout Above $74K to New Record Prices One market observer noted "very concentrated call buying" looking to profit from a rally to between $74,000 and $80,000 by the end of this month.
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The Protocol: Another Episode in the Layer-2 Teams Drama We take a look at what unfolded after Matter Labs' planned to trademark the term "ZK."
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Advocacy Group 'Stand With Crypto' Says It's Exceeded 1 Million Signups Stand With Crypto, a digital assets advocacy group backed by Coinbase Inc., said it signed up its first million members as of Wednesday.
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Ahead of Ether ETFs Debut, Bitmex Introduces 200x Leverage for Ethereum On June 5, 2024, the crypto derivatives exchange Bitmex announced it is offering 200x leverage for ethereum perpetuals ahead of the U.S. ether exchange-traded funds (ETFs) trading debut. Bitmex Ramps Up Ethereum Trading ...
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3 reasons why Bitcoin failed to break above $72K

Coin Telegraph - 6 Jun 2024 00:16
3 reasons why Bitcoin failed to break above $72K Regulatory uncertainty and volatile macroeconomic events may weaken further upside in the BTC price in the near term.
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Galaxy tokenizes violin to secure loan, NFT sales volume tumbles: Nifty Newsletter NFTs recorded a 54% drop in sales volume, from over $1 billion in April to $624 million in May.
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Rushing OP_CAT on Bitcoin could come at an immense security cost Operation Concatenate (OP_CAT) could be a game-changer for Bitcoin. But if its security risks are not diligently addressed, it could also undermine Bitcoin.
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SEC Commissioner Advocates for Withdrawal of SAB 121 -- Says Biden's Veto Was Unfortunate U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda advocates for the withdrawal of Staff Accounting Bulletin 121 (SAB 121), which sets guidelines for accounting crypto liabilities. He argues that the m...
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Franklin Templeton CEO says Bitcoin investment still in early phase CEO Jenny Johnson believes institutions will deploy a second wave into Bitcoin funds and attract the truly big players.
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IOTA Kickstarts EVM Targeting DeFi, Real World Assets The EVM will let developers build applications with smart contracts that run on the IOTA network.
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Coinbase Launches 'Smart Wallets' in Bid to Simplify Crypto Onboarding Coinbase has introduced “smart wallets,” aimed at easing the entry into blockchain activities by eliminating complex processes and high fees associated with traditional crypto wallets. This new offering seeks to onbo...
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B2BinPay v20 - Boosted Capabilities With TRX Staking and Expanded Blockchain Integration PRESS RELEASE. The premier blockchain platform, B2BinPay, has been significantly upgraded. The newest version now includes TRX staking and supports a wider range of blockchains, providing clients with increased flexibili...
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Paxos Unveils Yield-Generating Stablecoin Lift Dollar USDL is issued in the UAE and regulated by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM).
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Price analysis 6/5: BTC, ETH, BNB, SOL, XRP, DOGE, TON, SHIB, ADA, AVAX Bitcoin remains stuck inside a range, but solid inflows into spot ETFs suggest investors anticipate an upside breakout.
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Binance Asks UK Competition Tribunal to Throw Out Most of Collusion Case: Reuters The case relates to the delisting of the BSV token in 2019.
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Crypto Security Firm Ironblocks Builds 'Firewall' for DeFi Protocols "Once you get hacked in most of the cases you're done," CEO Dadosh said. "And this is what we're trying to prevent."
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Meme Coin TROG Boosts Donald Trump's Crypto Holdings to $31M After less than a week, the 45th U.S. President Donald Trump has seen his cryptocurrency portfolio double in value. As the 2024 presidential candidate, he now holds $31.23 million in assets, thanks to a wave of donations...
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A More Than $1T Bitcoin DeFi Opportunity

Coin Desk - 5 Jun 2024 20:00
A More Than $1T Bitcoin DeFi Opportunity Decentralized finance is coming to Bitcoin - and it could be huge.
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