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Cryptocurrency News

Location American Cryptocurrency News for 28 June 2024
SEC Charges Consensys With Violating Federal Securities Laws The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Consensys Software Inc., accusing the blockchain firm of violating federal securities laws by failing to register as a broker and engaging in ...
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Asian Currencies Hit 19-Month Low: Devere CEO Predicts Continued Weakness Asian currencies have reached their lowest levels in over 19 months as the U.S. dollar strengthens, driven by expectations of prolonged elevated U.S. interest rates. The Bloomberg Asia Dollar Index fell by 0.1% on Thursd...
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Federal Reserve Stress Test Projects $685 Billion in Losses for Large Banks The Federal Reserve Board’s annual stress test results reveal that large banks are expected to face nearly $685 billion in projected losses during a severe recession scenario. These losses are significantly higher than...
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Robert Kiyosaki Bought 60 Bitcoins at $6K -- Now Buys BTC Every Month Rich Dad Poor Dad author Robert Kiyosaki has revealed that he purchased 60 bitcoins at $6,000 each and continues to buy more bitcoin every month. He explained that the crypto represents “rules-based money,” contrasti...
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21shares Files to Launch Solana ETF With SEC

Bitcoin.com - 29 Jun 2024 01:55
21shares Files to Launch Solana ETF With SEC 21shares has filed a registration statement for a solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The ETF will trade on the Cboe BZX Exchange and will utilize Coinbase Custody Tr...
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Billionaire Peter Thiel Remains a Bitcoin Holder but Questions Its Future Value According to American entrepreneur, venture capitalist, and political activist Peter Thiel, he still holds bitcoin (BTC) but is uncertain about the future value of the cryptocurrency. Peter Thiel Talks Bitcoin: A Holder ...
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Bitcoin mining company Bitdeer acquires lease for Ohio site The 30-year leasing agreement with the Monroe County Port Authority will provide Bitdeer with up to 570 MW of additional power capacity.
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U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency.
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Price analysis 6/28: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB Altcoins see another week of rocky trading, while traders are viewing Bitcoin price dips as a buying opportunity, as seen from the fresh inflows into the spot Bitcoin ETFs.
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Ripple's Big Court Win Nonetheless Muddied Waters on Whether XRP Is a Security Deserving Tougher Regulation In a near-vacuum of legal and regulatory clarity for crypto, district judges' opinions on whether a given token is a security or not - which determines the level of regulation - can vary from court to court.
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Barstool's Dave Portnoy Plans Major BTC Buy if Price Drops to $40,000 American businessman Dave Portnoy, the founder and owner of Barstool Sports, announced that if bitcoin drops to the $40,000 range, he will invest $5-10 million worth of BTC using Barstool funds. Portnoy stated that while...
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Bitcoin and altcoins fail to rally even as US inflation cools down For years, analysts and traders have said cooling inflation would benefit the crypto market, yet prices are still down. Cointelegraph explains why.
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Bank of America Forecasts Gold Reaching $3,000 in the Next 18 Months Earlier this week, Bank of America analysts revealed that gold might reach $3,000 in the next 18 months, pushed by central bank demand and a Federal Reserve dovish turn. “Achieving this would require non-commercial dem...
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How Bitcoin Mining is Becoming a Sustainable Hub for BTC Adoption: GoMining Ecosystem Outlook The Bitcoin mining industry has come a long way since the days when block rewards were 25 or even 50 BTC, and individuals had a high chance of success using just a single PC to solve blockchain “puzzles.” Today, the ...
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Toncoin gains regulatory approval to trade in Kazakhstan The approval of Toncoin marks the 107th digital asset approved by the government regulator, as TON joins AVAX, MATIC, ADA, and others.
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SEC Sues Consensys Over MetaMask Staking, Broker Allegations The U.S. Securities and Exchange Commission sued Ethereum software provider ConsenSys over its MetaMask service Friday, alleging the wallet tool was an unregistered broker that "engaged in the offer and sale of securitie...
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Solana ETF Applications Look Like Bets on Trump Retaking White House, Making U.S. Friendlier to Crypto VanEck and 21Shares' applications seem doomed under the Biden administration. But they include a deadline that lapses when Trump would be in office, if he wins the presidency in November.
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21Shares files application for spot Solana ETF

Coin Telegraph - 28 Jun 2024 20:43
21Shares files application for spot Solana ETF The proposed fund would be called the 21Shares Core Solana ETF and would not participate in staking SOL.
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Bitcoin Mining Firm Bitdeer Partners With Ohio Port Authority for 570 MW Expansion Bitdeer Technologies Group has signed a lease agreement with the Monroe County Port Authority to secure an additional 570 megawatts (MW) of power capacity. This expansion brings Bitdeer’s total global capacity to 2.5 g...
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US Spot Bitcoin ETFs Draw $11.8M Thursday, Bitwise's BITB Led the Pack With $8M U.S. spot bitcoin exchange-traded funds (ETFs) attracted $11.8 million on Thursday, marking the third consecutive day of inflows. Bitwise’s BITB fund topped the list, bringing in $8 million during the trading sessions....
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Supreme Court Rules to Overturn the Chevron Doctrine, Curbing Federal Agencies' Power The U.S. Supreme Court ruled 6-3 on Friday to drastically curb the authority of federal regulators, overturning a 40-year-old legal precedent that gave regulatory agencies leeway to interpret the laws they are tasked wit...
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Bitcoin and Crypto Closing Out Lame Quarter and One Analyst Believes More Pain Could Be in Store The price of bitcoin has dipped about 15% during the second quarter.
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