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Cryptocurrency News

Location American Cryptocurrency News for 10 July 2024
Singapore Court Orders Multichain to Pay Fantom Foundation $2.19 Million The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default judgment due to Multichain...
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German Government Offloads 9,736 BTC in 20 Hours; Reserves Could Deplete by Tomorrow Over the course of nearly 20 hours, the German government has sold 9,736 BTC valued at $564.3 million. The government’s BTC wallet currently holds 13,110 BTC worth $767 million. German Government’s Swift Bitcoin Sale...
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Peter Schiff Foresees 'Explosive' Growth in Silver Price Economist and gold advocate Peter Schiff has urged investors to buy silver, highlighting its strong performance and potential for significant gains. “Silver is really strong,” he stressed, emphasizing: “An explosiv...
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Bitcoin traders 'under pressure' after deepest correction since 2022 erases profits 83% of short-term Bitcoin traders saw losses after BTC price recorded its deepest drawdown since 2022.
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Federal Reserve Fines Citigroup $60.6 Million for Ongoing Risk Management Deficiencies The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and data quality practices. The enforcement action follows Citigroup’s insufficient progress in addre...
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Bitwise CIO Predicts Bitcoin Surge to $100,000 Despite Current Price Dip Bitcoin could reach $100,000 by the end of the year, according to Bitwise’s Chief Investment Officer Matt Hougan. Despite bitcoin currently trading under $60,000 at $57,800, Hougan sees significant potential for long-t...
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As DOE Preps for Take Two of Controversial Crypto Mining Survey, Industry Weighs in After the U.S. Department of Energy's (DOE) first attempt to survey crypto mining companies about their energy usage was kneecapped by a lawsuit, the department is getting ready to try again - but this time, it's seeking...
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Bitcoin Price Decline on Germany, Mt. Gox and Miner Sell Pressure May Be Overblown: NYDIG Recent blockchain movements sparked "irrational" fears, offering a buying opportunity for investors, NYDIG's Greg Cipolaro said.
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Satoshi Protocol Secures $2 Million Seed Funding to Build Universal Stablecoin for Bitcoin PRESS RELEASE. Satoshi Protocol, a pioneering project building a “universal” stablecoin designed specifically for the Bitcoin ecosystem, successfully closed a $2 million seed funding round in May 2024. Led by CMS Hol...
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Bragging Rights Are Key to Retaining Web3 Gamers

Coin Desk - 10 Jul 2024 23:10
Bragging Rights Are Key to Retaining Web3 Gamers Gaming is a social endeavor, so winning means cooperating with your friends in quests or beating the player on the other screen, and telling the world about your achievements, says Allen Ng, Co-Founder of OpenSocial Prot...
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Fed Chair Powell Reveals No Contact With Biden in 2 Years Amid Economic Challenges Amid swirling speculation in Washington D.C. about whether President Joe Biden will seek reelection in 2024 and questions about who really governs the nation, Fed Chair Jerome Powell disclosed that he hasn’t spoken wit...
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Tech Coalition Urges Biden to Lead on Cryptocurrency Regulation In a recent letter to U.S. President Joe Biden, the Chamber of Progress, a tech industry coalition, called for comprehensive cryptocurrency regulation. The group emphasized the importance of a clear regulatory framework ...
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Bitcoin price faces major 'summer of 2021' style correction despite BTC whale buying Bitcoin whales have become accumulators again, but analysts say BTC is still at risk of another sharp correction.
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Polymarket Odds of Biden Dropping Out Spike to 61% After Pelosi Urges 2024 Decision On Wednesday, former U.S. House Speaker Nancy Pelosi urged President Joe Biden to decide soon on whether to run, stating that “time is running short.” Following this, Polymarket bets surged to 61% in the afternoon, r...
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Price analysis 7/10: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB Bitcoin's recovery faces selling near $60,000, indicating that bears remain active at higher price levels.
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Price analysis 7/10: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB Bitcoin's recovery faces selling near $60,000, indicating that bears remain active at higher price levels.
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Inside Lugano's crypto revolution -- A documentary

Coin Telegraph - 10 Jul 2024 21:00
Inside Lugano's crypto revolution -- A documentary Bitcoin journalist Joe Hall tests Lugano, Switzerland, to see if it truly merits the title of the world's most crypto-friendly town.
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High-conviction Bitcoin traders targeted in new long BTC ETFs Rex Shares' new Bitcoin ETFs offer 200% long or short directional exposure to Bitcoin's price volatility.
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Glassnode Report Says Bitcoin Market Structure Remains Strong Amid Steep Decline Bitcoin has experienced its steepest decline in the current cycle, trading over 26% below its all-time high (ATH), according to onchain analysis firm Glassnode. This contraction has significantly affected short-term hold...
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As the U.S. Commodities Regulator Urges Fast Crypto Action, Senators Still Scrambling While Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) said that her latest legislative proposal for overseeing the crypto markets is on the way to her panel's fellow members this week, the committee's t...
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How Staking Rate Benchmarks Can Build Digital Assets Markets By comparing their returns to a trusted industry benchmark, Ethereum operators can identify areas for improvement and optimize their operations, as well as to differentiate their staking products in a competitive market,...
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How Tokenized Real World Assets Are Outperforming Crypto Whether to hedge against crypto volatility, add utility and efficiencies, or streamline access to alternatives, tokenized RWAs make sense for investors and institutions alike.
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