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Cryptocurrency News

Location American Cryptocurrency News for 10 June 2024

6 US Banks Face Moody's Downgrade

Bitcoin.com - 10 Jun 2024 04:45
6 US Banks Face Moody's Downgrade Moody’s has initiated a review for potential downgrades of six U.S. regional banks due to their considerable exposure to commercial real estate (CRE) loans. Moody’s Corporation, established in 1909 and recognized as ...
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Bitcoin ETFs, Bankruptcy Paybacks Have Given Crypto Lending a Second Wind Crypto lending firm Ledn survived the crypto winter by being "boring, slow and safe," according to a co-founder.
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Intel Partners With African Development Bank to Train 3 Million in Advanced AI Skills The African Development Bank (ADB) and Intel have announced a significant partnership to train three million Africans and 30,000 government officials in advanced artificial intelligence (AI) skills. According to the ADB,...
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Surge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3 billion. As reported by Coinshares, this surge aligns with increased tr...
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Mexican Billionaire Ricardo Salinas Doubles Down on Bitcoin, Advises Using It as Inflation Hedge Ricardo Salinas, the third wealthiest man in Mexico, has recently doubled down on his proposal to use Bitcoin as a reserve asset. On social media, Salinas defended the role of Bitcoin as an inflation hedge, commenting on...
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AI-Linked Crypto Tokens Underperform as Apple's Event Fails to Impress Traders Tokens of Render, Fetch.ai, SingularityNET and Bittensor slumped 3%-5% despite mostly flat bitcoin and broader crypto prices.
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Optimism Finally Gets Its Mission-Critical 'Fault Proofs' For years, Optimism was missing a core feature at the heart of its design: "Fault proofs." On Monday, that tech is finally here.
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In Defense of Meme Coins

Coin Desk - 10 Jun 2024 23:53
In Defense of Meme Coins The only thing worse than meme coins is complaining about the financialization of memes.
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Over 200 BTC From 2013 and 2012 Wallets Awaken, Now Valued at Over $14M Over the past weekend, 211.51 dormant bitcoins valued at $14.79 million were reactivated after over a decade of inactivity. More than half of these funds originated from bitcoin wallets that had been inactive since 2012....
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Lykke crypto exchange acknowledges hack after halting withdrawals The Lykke team acknowledged that they halted withdrawals after an attack drained $22 million in crypto from its wallets on June 4.
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Zksync Introduces Community Governance With ZK Nation Zksync, an Ethereum layer two (L2) network developed by Matter Labs, has launched a new community-driven governance system named ZK Nation. The system aims to enhance the governance, security, and scalability of the Zksy...
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How UpRock Is Using AI, DePIN and Crypto Rewards to Attract New Users to Web3 in an Age Where Data Is the New Oil UpRock is a groundbreaking platform that merges blockchain and AI, allowing users to monetize their unused internet bandwidth. With a focus on democratizing data access and fostering an open AI ecosystem, UpRock is at th...
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Bitfarms adopts shareholder rights plan as Riot attempts takeover The plan, which passed after Bitfarms' shareholder meeting, will complicate Riot's effort but not necessarily stop it from succeeding.
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Why is BNB price down today?

Coin Telegraph - 10 Jun 2024 21:15
Why is BNB price down today? BNB price is at risk of further losses as multiple metrics point to Binance losing its market share in the crypto sector.
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Privacy Coin XMR Rebounds After Mid-April Low Climbing 37% in 30 Days The privacy coin monero (XMR) has experienced a 7.7% increase in the last 24 hours and a 16.5% rise over the past week. Monero Trading Volume Doubles in 24 Hours After a prolonged decline and hitting a significant low in...
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Price analysis 6/10: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA Bitcoin and several altcoins are likely to be influenced by the upcoming macroeconomic events this week.
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EU Vote See Reelection of Some Officials With Key Roles in Bloc's Crypto Journey Among the MEPs retaining their seats is Stefan Berger, who steered the landmark MiCA legislation.
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Bitfarms Adopts Defensive Measures Against Riot Platforms' Takeover Bitfarms Ltd. has adopted a shareholder rights plan to protect the integrity of its ongoing Strategic Alternatives Review Process. This plan was unanimously approved by the Board and involves issuing rights to shareholde...
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Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off A piece of legislation with heavy implications for the digital assets sector made it through the Senate Select Committee on Intelligence's funding package recently without most in the industry - and many in Congress - ap...
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Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race Amid a new generation of yield-bearing stablecoins, PayPal is confident in its purely payments-focused PYUSD.
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Why Zoomers Should Embrace Bitcoin: An Open Letter to Gen Z A high school junior makes the case to her peers.
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New BRC-20 Token 99Bitcoins Raises $2M in Presale as Analysts Forecast 10x Gains The 99Bitcoins Token (99BTC) is shaking up crypto education - and gaining traction in its presale phase. With over $2 million raised and analysts predicting 10x gains once it launches, this "Learn-to-Earn" token has inve...
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