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Cryptocurrency News

Location American Cryptocurrency News for 17 June 2024
Putin Criticizes U.S. Dollar's Lack of Gold Backing, Calls for Alternative Payment Systems Russian President Vladimir Putin criticized the United States for its abandonment of the gold standard, remarking in a Sputnik-released video that the U.S. dollar is now a trust-based currency without tangible backing, a...
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U.S. SEC's Crypto Enforcer David Hirsch Quits

Coin Desk - 17 Jun 2024 17:26
U.S. SEC's Crypto Enforcer David Hirsch Quits David Hirsch, a senior member of the U.S. Securities and Exchange Commission crypto oversight unit has left the organization, he posted on LinkedIn on Monday.
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Ripple Legal Chief Countered SEC Allegations: No Victims to Compensate Ripple’s chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)’s allegations following the crypto firm’s proposal to limit its penalty to no more than $10 million. The legal chief high...
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Digital asset funds see biggest weekly outflow since March According to data from a CoinShares report, weekly total outflows for digital asset funds hit $600 million on June 14.
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US-Listed Bitcoin Miners Hit Record Market Cap of $22.8 Billion, JPMorgan Says As of June 15, U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion, according to global investment bank JPMorgan. This surge is led by significant gains in stocks like Core Scientific,...
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Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins As bitcoin's volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted.
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US Supreme Court to Hear Nvidia's Bid to Dismiss Crypto-Related Lawsuit The U.S. Supreme Court has agreed to hear Nvidia’s appeal to dismiss a securities fraud lawsuit accusing the company of misleading investors about its sales to the cryptocurrency industry. Nvidia’s appeal follows a l...
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Analyst Forecasts Silver Shortage, Price Increases As Consumers Tap Dwindling Secondary Inventories Peter Krauth, a silver market analyst and author of “The Great Silver Bull,” has predicted an upcoming silver shortage produced by the increased demand for the precious metal for different applications. Krauth states...
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Digital Asset Funds Witness Major Shake-up Amid Fed's Hawkish Stance: Coinshares Digital asset investment products have seen substantial outflows totaling $600 million, marking the most significant withdrawal since March 22, 2024. According to Coinshares and lead researcher James Butterfill, this exo...
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Telecom Giant and T-Mobile Parent Deutsche Telekom Plans to Mine Bitcoin The company revealed that its also running Bitcoin and Lightning network nodes.
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Resolving the Liquidity Dilemma: Orderly Network's Next-Gen Trading Infrastructure Elevates DeFi Efficiency with Institutional-Grade Liquidity By enhancing liquidity, simplifying the user experience, and supporting diverse trading solutions, an omnichain trading infrastructure like Orderly Network is transforming the DeFi landscape and paving the way for widesp...
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Crypto Trading Firm Cumberland Acquires New York's BitLicense The firm said it's one of the only principal trading firms to hold the state's crypto license.
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Cumberland Earns Bitlicense, Bolstering Institutional and OTC Crypto Services According to an X post on Monday, the cryptocurrency trading division of DRW Holdings, known as Cumberland, has been granted a Bitlicense by the New York State Department of Financial Services (NYDFS). Cumberland DRW Sec...
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Bitcoin price 'clusters' hint at more downside: Is BTC about to lose $64K support? Bitcoin could fall below $64,000 before entering the "parabolic phase" of the current bull cycle.
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Fed President Kashkari Finds Bank of America's December Rate Cut Prediction Reasonable Minneapolis Federal Reserve President Neel Kashkari addressed Bank of America’s prediction for a potential Fed interest rate cut this year in an interview with CBS News on Sunday. Bank of America predicts that the Fed ...
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BTC price risks $62K dip as Bitcoin sellers return to exchanges Bitcoin exchange inflows increase with little relief in sight for those eyeing a BTC price renaissance.
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Bitcoin's New Normal: Prices Over Five-Digits for 28% of Its Lifetime Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it has surged over 152% in the past year. This year, bitcoin has maintained a position above the $60,000 mark for a...
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Crypto-Sec: $11M Bittensor phish, UwU Lend and Curve fake news, $22M Lykke hack UwU Lend exploited twice and the "10% CRV burn" story invented by a scammer, TAO holder phished for $11M, Lykke hack cover-up: Crypto-Sec.
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3 reasons why Ether price remains bullish around $3,500

Coin Telegraph - 17 Jun 2024 19:18
3 reasons why Ether price remains bullish around $3,500 Despite Bitcoin's sell-off to $65,000, ETH continues to show strength, and bulls appear to be strengthening at the $3,500 level.
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PlayDoge Meme Coin Hits New Heights with $4.5M Presale Raise, Analyst Forecasts Big Gains PlayDoge (PLAY) is cementing itself as one of the most anticipated new meme coin launches this year. The retro Play-to-Earn project has blown past the $4.5 million milestone in presale. And with that early backing, some ...
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Crypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling 4.4%, roughly six crypto tokens managed to stand out over the past week. Weekly Crypto Report: Bitcoin and Ethereum D...
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Tether Debuts New 'Synthetic' Dollar Backed by Tokenized Gold in Tokenization Push Users can mint new tokens using the company's new Alloy platform, which will be part of Tether's upcoming tokenization venture, CEO Paolo Ardoino said.
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