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Cryptocurrency News

Location American Cryptocurrency News for 11 July 2024
Worldcoin Launches World Chain Developer Preview, Targets Increased Scalability Worldcoin, the biometric ID and UBI project, has announced the launch of the developer preview of World Chain, a new blockchain that will allow it to scale beyond the numbers currently achieved. This developer preview wi...
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SEC Withdraws Enforcement Action Against Paxos' BUSD Stablecoin The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decis...
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US Inflation Eases With 0.1% Drop in June; Biden Faces Gas Reserve Accusations The U.S. consumer price index (CPI) fell by 0.1% in June. The decline, primarily due to reduced gasoline prices, brought the annual inflation rate to its lowest in over three years. This news comes after U.S. President J...
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MicroStrategy to Split Stock 10:1 After Share Price Triples in a Year on Bitcoin Rally The company is the largest corporate bitcoin holder with more than $13 billion worth of BTC in its treasury.
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Binance CEO: Crypto Prices May Fluctuate but Fundamentals Are Strong Binance CEO Richard Teng has highlighted the significant interest in bitcoin and other cryptocurrencies, noting that U.S.-listed bitcoin exchange-traded funds (ETFs) had attracted over $14.7 billion in net inflows over t...
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CFTC Chair Pushes for Federal Legislation to Regulate Bitcoin and Ether as Commodities During his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market volati...
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Malaysia Loses Over $700 Million Worth of Electricity to Illegal Crypto Miners, Says Minister According to a government minister, Malaysia lost $727 million worth of electricity stolen by illegal crypto miners between 2018 and 2023. The minister also warned that power companies have methods to detect unauthorized...
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Bitcoin price struggles as investors expect Fed interest rate cuts -- Why? Bitcoin price is stuck in a downtrend even though investors are betting on Fed interest rate cuts. What gives?
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Judge Sends Coinbase Back to the Drawing Board Over Efforts to Subpoena SEC's Gary Gensler A federal judge encouraged Coinbase to drop - or at least substantially modify - its efforts to subpoena U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler's personal communications during a hearing Thur...
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Greenidge Expands Bitcoin Mining Operations in Mississippi Greenidge Generation Holdings Inc. has expanded its bitcoin mining operations with a new site in Mississippi. The site, which went live on July 1, 2024, features 2,400 bitcoin miners and is expected to increase capacity ...
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Germany Almost Done Selling Bitcoin, Holding Less Than 5K Tokens After Latest Moves There's less than 5,000 bitcoin left in wallets linked to German authorities after Thursday's transfers, down from the 50,000 BTC that was confiscated, blockchain data shows.
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Celer Network Thwarts Attempted Domain Takeover

Bitcoin.com - 11 Jul 2024 22:20
Celer Network Thwarts Attempted Domain Takeover Celer Network, a blockchain and cross-layer platform, said on July 11, 2024 (9:38 am EST), that it thwarted an attempt to take over its domains. The platform claimed it recovered all the Domain Name System (DNS) records....
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Bitcoin price will hit $330K this bull cycle -- Analyst

Coin Telegraph - 11 Jul 2024 21:47
Bitcoin price will hit $330K this bull cycle -- Analyst Institutions are buying as Bitcoin dips under $60,000, strengthening the long-term bullish outlook for BTC's price.
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US Spot Bitcoin ETFs Achieve Fourth Day of Consecutive Inflows U.S. spot bitcoin exchange-traded funds (ETFs) marked their fourth consecutive day of inflows, capturing $147.37 million on Wednesday. Fidelity’s FBTC led by drawing in $57.79 million during the trading sessions. Bitco...
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HTX Completes Millions in Compensation to Users Affected by the pGALA Token Incident PRESS RELEASE. HTX announces that millions in compensation to users affected by the pGALA token incident has been completed this week, including cash payouts, in-platform benefits, and Gala nodes. In April 2023, HTX anno...
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Portal introduces 'PortalPay' interoperability for blockchain gaming Portal aims to become the "Stripe of crypto" by lowering common barriers to entry for players eyeing blockchain video games.
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Why I Chose Bitcoin Ordinals to Release 'Frontline' Artist Alexis André explains the attraction of Bitcoin for releasing his latest generative art collection.
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SEC Commissioner Grilled on Bitcoin ETFs as Senators Weigh U.S. Regulator Nominees Commissioner Caroline Crenshaw of the U.S. Securities and Exchange Commission (SEC) told senators on Thursday that rampant fraud in crypto markets left her unwilling to approve bitcoin exchange traded products earlier th...
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Crypto Bulls Frustrated as Bitcoin and Stocks Recouple - to the Downside A continuing series of record highs for the S&P 500 and Nasdaq over the past weeks has done nothing to prop up sliding crypto prices, but Thursday saw both asset classes tumbling together.
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How Digital Collectibles Are Shaping Athlete Legacies NFTs and blockchain-based gaming are transforming the way we connect with pro sports, says Matt Novogratz, Co-Founder of Candy Digital.
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Stop piling into leveraged Bitcoin ETFs -- Consider this instead Leveraged Bitcoin ETFs are popular, but they often massively underperform the alternatives for crypto futures trading.
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San Francisco crypto firm Coinbase has introduced a new web application for its wallet, designed to provide users with a unified platform for managing onchain assets. The application aims to simplify the experience for u...
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