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Cryptocurrency News

Location American Cryptocurrency News for 9 June 2024
Gold Rush Hits Seoul Streets: Gold Bars Now Sold in Vending Machines Vending machines in Seoul, South Korea, are revolutionizing the traditional concept of buying gold by offering gold bars in various sizes. Situated within convenience stores throughout the affluent Gangnam district and o...
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China Halts Gold Buying in May, Ending 18-Month Buying Spree The People’s Bank of China (PBOC) paused its gold acquisitions in May, ending 18 months of continuous buying as spot gold prices hit record highs. Despite this interruption, the value of China’s gold reserves continu...
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Andrew Tate Burns Over $10 Million Received in Meme Coin TOPG Known lifestyle influencer and former kickboxer Andrew Tate has burned TOPG tokens valued at over $10 million after announcing it on social media. Tate received over 580 million TOPG tokens as a donation from an unnamed ...
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Report: Speculation Returns as Bitcoin Market Shows Signs of Recovery Glassnode’s latest onchain analysis reveals a resurgence in speculative activity in the bitcoin (BTC) market after months of stagnation. This shift marks a potential change in market sentiment, with both short and long...
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Rapid Fluctuations in Bitcoin Fees Cause Brief Spike in Hashprice Bitcoin’s hashprice, representing the anticipated value of one petahash per second (PH/s) per day of hashing power, climbed to $95 per petahash on June 8, marking the highest level since the halving. The increase deriv...
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BNB, TON, FIL, and INJ can go much higher if Bitcoin price flips $69K Bitcoin is trying to flip the $69,000 level into support, and if it does, BNB, TON, FIL and INJ may move higher.
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$16B Injected Into Stablecoin Economy in 90 Days; Tether Claims 69% of Total Over the last 90 days, the stablecoin economy expanded by over 11%, with $16.23 billion infused into the market of fiat-pegged crypto tokens. In the past 30 days, USDE, the fourth largest U.S. dollar-pegged coin, experie...
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Polymarket Bets Show Growing Confidence in Trump's Election Victory Over Biden Ten days ago, after former President Donald Trump was convicted on 34 counts connected to a hush-money scheme, Polymarket bets indicated his chances of winning the 2024 election still stood at 54%, compared to incumbent ...
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Bitcoin Premium in South Korea Increases, Reflecting Strong Local Demand After falling below $70,000, bitcoin has stabilized above the $69,000 mark. In contrast, South Korea has seen a notable rise in the premium for bitcoin. South Korea’s Bitcoin Premium Rebounds After Hitting Recent Low R...
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The Memecoin Frenzy Has Ignited a Scalability Arms Race Following a spell of TradFi breakthroughs, all-time highs, and intense optimism in the crypto industry, selling pressure across most major cryptocurrencies are slowly beginning to ease, with trading volumes submitting to...
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Mexican Billionaire Says to Buy Bitcoin, Musk vs. Nakamoto, and More -- Week in Review Mexican billionaire Ricardo Salinas Pliego has urged his followers to buy Bitcoin. Elon Musk, currently the world’s wealthiest individual, could be surpassed by Bitcoin’s anonymous creator, Satoshi Nakamoto. In Niger...
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Hoskinson Laments the Disconnect Between Public Perception of Cardano and Its Fundamentals The Cardano blockchain co-founder, Charles Hoskinson, has expressed frustration over what he perceives as a disconnect between the public perception of Cardano--shaped by influencers and media--and the project's actual p...
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FBI Warns of Rising Government Impersonation Scams Demanding Crypto The Federal Bureau of Investigation (FBI) Portland Division warned the public this week about a surge in scammers impersonating FBI agents and other government officials, demanding cash, gold, or cryptocurrency payments....
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Bitcoin volatility hovering within 6% of record low levels Before the June 7 price decline, Bitcoin's volatility over the previous 15-day period sat within "the bottom 6% of occurrences."
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Ripple Teams Up With Clear Junction for GBP and EUR Payouts Ripple has partnered with Clear Junction, a global leader in cross-border payment solutions for regulated institutions, to enhance cross-border payments, enabling instant and secure GBP and EUR payouts, with more currenc...
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Indian Authority Busts Cryptocurrency Fraud Ring Targeting Foreign National India’s Enforcement Directorate (ED) has cracked down on a cryptocurrency fraud ring targeting a foreign national. The accused persuaded the victim to transfer $400,000 to a cryptocurrency account set up using unauthor...
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Donald Trump Vows to Be the 'Crypto President' -- Pledges to End Biden-Gensler Crypto Policies Within One Hour Former U.S. President and presidential candidate Donald Trump has pledged to become “the crypto president” if re-elected. He vowed to terminate the anti-crypto policies introduced by Joe Biden and U.S. Securities and...
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Standard Chartered Predicts Bitcoin to Hit $100K Pre-Election, $150K if Trump Wins Standard Chartered expects bitcoin to climb to $100,000 as the U.S. presidential election approaches and potentially reach $150,000 if former U.S. President Donald Trump wins. The bank’s head of digital asset research ...
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