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Cryptocurrency News

Location American Cryptocurrency News for 13 July 2024

Federal Agencies Join Forces to Fight Crypto Scams

Bitcoin.com - 13 Jul 2024 05:32
Federal Agencies Join Forces to Fight Crypto Scams Several federal agencies, including the Federal Bureau of Investigation (FBI) and the U.S. Securities and Exchange Commission (SEC), convened at a Fraud Disruption Conference to combat crypto scams, particularly the “p...
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Binance Seeks to Reduce Stake in Operator of South Korean Crypto Exchange Gopax to 10% Binance is reportedly seeking to reduce its stake in the South Korean crypto exchange Gopax's parent company, Streami, to approximately 10%. Binance’s mooted sale of the stake to Megazone comes just over a year after B...
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Spot Bitcoin ETFs see highest flow day in over 5 weeks

Coin Telegraph - 13 Jul 2024 08:09
Spot Bitcoin ETFs see highest flow day in over 5 weeks The $310 million in inflows were led by the BlackRock and Fidelity Bitcoin ETFs, while Grayscale recorded a rare inflow day at $23 million.
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Crypto Exchange Bitmex Pleads Guilty to Violating Bank Secrecy Act, AML Failures Crypto exchange Bitmex has pleaded guilty to violating the Bank Secrecy Act (BSA) by failing to maintain an adequate anti-money laundering (AML) program, resulting in the company being a vehicle for large-scale money lau...
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Elon Musk Exposes Secret EU Censorship Deal Proposal Tesla CEO Elon Musk has disclosed that the European Commission (EC) offered his social media platform, X, a covert deal to censor speech in exchange for avoiding fines related to its blue check verification system. Musk ...
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Abra Acquires Valkyrie's Tron and Zilliqa Trusts

Bitcoin.com - 14 Jul 2024 00:40
Abra Acquires Valkyrie's Tron and Zilliqa Trusts According to a recent report, the cryptocurrency company Abra has acquired a collection of digital currency trusts from Valkyrie Investments. The transaction, which includes Valkyrie's Tron and Zilliqa trusts, was report...
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Ether ETFs on the move, Messi promotes memecoin, and more: Hodler's Digest, July 7-13 VanEck and 21Shares submit updated Ether ETF filings, Goldman Sachs to launch tokenization products, and Messi promotes memecoin.
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Ether ETFs on the move, Messi promotes memecoin, and more: Hodler's Digest, July 7-13 VanEck and 21Shares submit updated Ether ETF filings, Goldman Sachs to launch tokenization products, and Messi promotes memecoin.
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German Government's Bitcoin Holdings Swell Overnight Thanks to Donations According to crypto intelligence firm Arkham, the German government’s bitcoin holdings soared by 9,000% in one day, thanks to donations from Bitcoin enthusiasts. Germany had liquidated a $2 billion bitcoin cache throug...
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Crypto Sentiment Plunges to 'Extreme Fear' as Bitcoin Attempts to Break Upper Resistance Current data from the Crypto Fear and Greed Index (CFGI) indicates that crypto sentiment has been in a state of “extreme fear” for the past two days. According to Alternative.me’s CFGI, the sentiment scored 25 out ...
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Global Bond Market Alarm: 26 Countries Now Facing Inverted Yield Curves While the U.S. recently marked the longest period of inverted bond yields in history, surpassing two years, data indicates that a total of 26 countries now have an inverted yield curve. Investors and economists closely m...
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Inflow Streak Pushes US Bitcoin ETFs Near $16B Mark

Bitcoin.com - 13 Jul 2024 20:05
Inflow Streak Pushes US Bitcoin ETFs Near $16B Mark U.S. spot bitcoin exchange-traded funds (ETFs) attracted $310.21 million on Friday, marking the sixth consecutive day of inflows. Blackrock’s IBIT and Fidelity’s FBTC led the day with $120.03 million and $115.14 mill...
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Why is Bitcoin price up today?

Coin Telegraph - 13 Jul 2024 18:40
Why is Bitcoin price up today? Bitcoin's resurgence is driven by two key factors: the German government running out of BTC to sell and a weakening US dollar.
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Year-to-Date Crypto Winners: Meme Coins Outperform in 2024 More than half of 2024 has passed, with bitcoin up 38% year-to-date, and ethereum matching this rise since Jan. 1. According to statistics, several other digital assets have surpassed these two leading cryptocurrencies b...
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NFT Sales Dip 3.86% in the Past Week, Ethereum Dominates With $32M Revenue Over the past week, non-fungible token (NFT) sales declined by 3.86% compared to the previous week. Leading the market, Ethereum-based NFT sales reached $32.81 million, which was approximately 10.06% lower than the previ...
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Nigeria's SEC advised to regulate Bitcoin, Ether as commodities By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets.
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Chainalysis: $100 Billion in Illicit Crypto Funds Traced Since 2019 Crypto analytics firm Chainalysis has previewed an in-depth report on money laundering within the crypto space, providing insights into tracing illicit funds and advanced identification techniques. The firm discovered th...
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US Lawmakers Submit Resolution Urging Nigeria to Release Jailed Binance Executive U.S. lawmakers have submitted a resolution calling on the Nigerian government to immediately release the jailed Binance executive, Tigran Gambaryan. In the resolution submitted to the Committee on Foreign Affairs, the la...
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Global Crypto Advocacy Movement Reaches Canada

Bitcoin.com - 13 Jul 2024 12:17
Global Crypto Advocacy Movement Reaches Canada Stand with Crypto, a global movement advocating for sensible crypto innovation and policy, has expanded to Canada. Originating in the U.S. with over 1.1 million advocates, the movement is now active in the UK and aims to...
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Marathon Digital Bitcoin Mine Manager Acquitted of Noise Violations In Texas David Fischer, who serves as a plant manager for a Bitcoin mine owned by Marathon Digital, a public Bitcoin mining company, has been acquitted of having responsibility for several noise complaints brought by citizens liv...
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Open Source Tools Levels Playing Field for Smaller AI Firms Says Decentralized AI Proponent To preempt lawsuits and counter allegations that they are training their respective artificial intelligence (AI) models with illegally obtained data, AI firms should rely on publicly available or open-source data, accord...
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Three-Quarters of Jurisdictions Partially or Not Compliant with VASP Sector Recommendation, Says FATF Three-quarters of the jurisdictions surveyed by the Financial Action Task Force (FATF) “are only partially or not compliant” with the anti-money laundering recommendation for the virtual assets sector. According to t...
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