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Cryptocurrency News

Location American Cryptocurrency News for 27 June 2024
Brett Price Surging as Base Dawgz Shows Potential for Similar Gains The Base blockchain is buzzing with interest in meme coins again. Brett (BRETT) has been making headlines after its price shot up for two days straight. While investors digest this surprise rally, a new project, Base Daw...
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Elmnts Emerges From Stealth With Plans to Launch Commodity Tokenization Platform Elmnts, a new blockchain-based venture, has announced the forthcoming launch of its beta platform focused on tokenizing real-world assets (RWA), starting with oil and gas mineral rights and royalties. As part of a broade...
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Ripple CEO Blasts SEC Chair's Crypto Remarks -- Says 'Gensler Will Cause Biden to Lose the Election' Ripple CEO Brad Garlinghouse has criticized SEC Chair Gary Gensler’s recent statements on the crypto industry, calling them “absolute nonsense.” The executive argued that Gensler’s actions and oversight failures ...
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Chainlink Data Streams Activate on Avalanche Blockchain With GMX Integration Chainlink, a decentralized computing and oracle protocol, Avalanche, known for its layer one (L1) blockchain technology, and GMX, a notable decentralized exchange, have launched Chainlink Data Streams on the Avalanche bl...
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Cleanspark Acquires Griid in $155 Million All-Stock Deal to Boost BTC Mining Operations In a significant expansion move, Cleanspark, a leading U.S. bitcoin mining company, has announced the acquisition of its rival firm Griid for $155 million. This strategic all-stock transaction aims to enhance Cleanspark�...
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State Street Partners With Galaxy Asset Management to Create New Crypto ETFs State Street Global Advisors has partnered with Galaxy Asset Management to provide advanced digital asset-based strategies, expanding investor access to the digital asset ecosystem beyond cryptocurrencies and bitcoin. �...
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Tron network deposits drop to 6-month low as TRX price rallies -- Trouble in paradise? Tron's total value locked (TVL) plummeted to a six-month low of $7.6 billion as TRX price rallied. Cointelegraph investigates.
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Marathon Digital Expands Mining Operations to Include Kaspa Marathon Digital Holdings Inc. has diversified its mining activities by adding kaspa (KAS), a proof-of-work digital asset, to its portfolio. The initiative has already yielded significant results, with the company mining...
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Supreme Court Rules SEC In-House Penalty Proceedings Violate Seventh Amendment The Supreme Court ruled on Thursday that the U.S. Securities and Exchange Commission (SEC)’s use of in-house proceedings to impose civil penalties for securities fraud violates the Seventh Amendment’s right to a jury...
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U.K.'s Next Government Must Act Fast to Regulate (and Retain) Crypto Firms The likely victorious Labour party has taken no stance on digital assets. This needs to change quickly, writes Laura Navaratnam of the Crypto Council for Innovation.
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Steady Above $60K: Bitcoin Weathers Government Sell-Offs, Says QCP Capital Despite a brief dip below $60,000 on June 23, bitcoin has demonstrated formidable resilience by closing above this pivotal level for 118 days in 2024. According to QCP Capital, the cryptocurrency continues to hold strong...
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MegaLabs, Behind the 'Real-Time' Blockchain, Raises $20M, Led By Dragonfly The fresh round of capital will go towards building out the MegaETH protocol, with the aim of having a testnet go live in the next few months.
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U.S. Supreme Court Says No More In-House Tribunals for the SEC, Other Federal Regulators The U.S. Supreme Court ruled Thursday to strip the U.S. Securities and Exchange Commission (SEC) of one of its key enforcement processes, deciding in a 6-3 vote that the federal agency's use of in-house judges is a viola...
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DePIN Is the Sharing Economy 2.0

Coin Desk - 27 Jun 2024 19:30
DePIN Is the Sharing Economy 2.0 Daniel Andrade, co-founder of Hotspotty, was deep in the DePIN space before it had a name. More than an incremental innovation for crypto, he sees it as a fundamental shift in how we manage everything from wireless netwo...
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Every DePIN Has a Story

Coin Desk - 27 Jun 2024 19:29
Every DePIN Has a Story Sean Carey, the co-founder of Helium, says decentralized physical infrastructure (DePIN) can solve real problems while rewarding users. This is what he expects to see in the future.
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Solana Climbs 8.1% Following Vaneck's SEC Filing for SOL-Based ETF Following Vaneck's application with the U.S. Securities and Exchange Commission (SEC) to launch a solana-based exchange-traded fund (ETF), solana has appreciated 8.1% against the U.S. dollar. Apart from bitcoin, ethereum...
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Protocol Village: Crypto Losses From Hacks, Rug Pulls Doubled to $572M in Q2: Immunefi Report The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 27-July 3.
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Pepe-Inspired Smidge Token Pumps Over 150% in 24 Hours - Could Pepe Unchained Explode Next? Pepe-themed meme coin Smidge is exploding today with its price up over 150% in the last 24 hours. Meanwhile, a Pepe-focused layer 2 cryptocurrency, Pepe Unchained, is turning heads after raising almost $1M through the fi...
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Crypto for Advisors: Decoding the Ether ETF Filings For fans of crypto, ETFs, or both, the potential spot ether ETF launch has carried on the excitement that began earlier this year with the spot bitcoin ETF launch.
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Bitcoin trader hopes for liquidity snatch as BTC price returns to $62K Bitcoin bulls seek a more convincing BTC price rebound as ask liquidity sits piled high between spot and $70,000.
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Coinbase Accuses U.S. SEC, FDIC of Improperly Blocking Document Requests A research firm Coinbase contracted is suing the U.S. Securities and Exchange Commission (SEC) and a federal banking agency, accusing them on Thursday of failing to produce documents under open-records laws that would sh...
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US Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains U.S. spot bitcoin exchange-traded funds witnessed a second day of inflows as they captured $21.52 million on Thursday. The leader in terms of gains was Fidelity’s FBTC led the pack with a $19 million increase. Modest I...
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