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Cryptocurrency News

Location American Cryptocurrency News for 16 July 2024
Blackrock CEO Larry Fink Explains Why Everyone Should Consider Bitcoin in Portfolios Larry Fink, the CEO of Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has explained why he shifted from skepticism to advocacy for bitcoin, viewing the cryptocurrency as �...
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Visa and Wirex Partner to Bring Seamless Crypto Payments to Millions of Merchants Globally Wirex and Visa have partnered to launch Wirex Pay, aiming to bring seamless crypto payments to millions of merchants worldwide, enhancing accessibility and convenience. “This partnership is set to revolutionize the way...
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Mt Gox Funds Arrive at Kraken: Bitcoin and Bitcoin Cash Distributions Expected Soon According to a recent update from Kraken, the centralized cryptocurrency exchange has received funds from the Mt Gox trustee. Consequently, bitcoin (BTC) and bitcoin cash (BCH) payouts will be distributed to creditors’...
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Bitcoin's top 100 'dustiest' wallets contain over $88M in BTC More than $88 million is held in the top 100 Bitcoin wallets, which are classified as containing a "minuscule amount" of BTC.
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Argentina Defines Rules for Normalization of Previously Undeclared Assets, Including Cryptocurrency Argentina has recently released the rules that will govern the previously approved legislative package affecting the inclusion of cryptocurrency and other undeclared assets in the country's tax system. The benefits will ...
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Bitcoin traders forecast 'splendid' bullish price action now that BTC is above $65K Multiple Bitcoin price metrics point to an incredibly bullish "post-halving growth trajectory."
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Bitcoin Hits $65K Shaking Off Mt. Gox Payout Worries; XRP Leads Crypto Rally The Mt. Gox distribution will not end the bullish trend, CryptoQuant CEO noted.
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After Court Order, Craig Wright Updates Website With Admission He Is Not Satoshi Nakamoto A U.K. court ruled earlier this year that Wright was not the inventor of bitcoin and had lied "extensively and repeatedly" and forged documents in his attempt to convince the world otherwise.
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Blast drops 'L2' from X username, reduces withdrawal time from 14 to 7 days After monitoring withdrawals for four months, the developers concluded that longer withdrawal times were no longer necessary.
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Solana traders chase $180 target after SOL gains 13% in 2-days A surge in Solana network activity, memecoin prices and optimistic derivatives markets could be a sign that SOL is aiming for $180.
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DePIN Can Make Car Ownership Cool Again

Coin Desk - 16 Jul 2024 23:14
DePIN Can Make Car Ownership Cool Again DIMO rewards auto-owners for data from their cars. But the benefits of a DePIN for vehicles go far beyond financial incentives, says co-founder Rob Soloman.
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Hermetica Introduces Bitcoin-Backed Synthetic Dollar on Bitcoin L1 Bitcoin-based decentralized finance (defi) protocol Hermetica has launched its BTC-backed synthetic dollar, USDH, on Bitcoin’s layer one (L1) through the Runes protocol. The company also announced plans to scale its Bi...
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Bitcoin Miner Northern Data Moves to Dismiss Ex-Employees' Whistleblower Suit European bitcoin mining firm Northern Data is pushing back against a whistleblower suit filed by two former executives of the company who say they were wrongfully terminated after raising concerns about the company's fin...
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Craig Wright admits he's not Satoshi, issues disclaimer on his website The Crypto Open Patent Alliance accused Wright of forgery in court and claimed that he "invented an entire biographical history."
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ETF Stands for 'Everything That Fits'

Coin Desk - 16 Jul 2024 22:21
ETF Stands for 'Everything That Fits' First Bitcoin, then Ethereum, now Solana. ETF issuers will stop at nothing so long as they believe they can make money.
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Web3-AI: What's Real, and What's Hype

Coin Desk - 16 Jul 2024 22:14
Web3-AI: What's Real, and What's Hype The biggest challenge for the evolution of Web3-AI might be overcoming its own reality distortion field, says Jesus Rodriguez, CEO, IntoTheBlock.
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Google Trends Shows Ethereum Interest Rising Rapidly as ETF Launch Approaches According to recent statistics from July 16, 2024, Google Trends data reveals a significant increase in interest for the term “ethereum,” climbing from a score of 57 out of 100 on July 14 to a peak of 82 on Monday. S...
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Detained Binance Exec Tigran Gambaryan Wheeled into Nigerian Court as Health Deteriorates Detained American Binance executive Tigran Gambaryan had to be pushed into an Abuja, Nigeria courtroom today in a wheelchair, after a herniated disc in his back left him in severe pain and "hardly able to walk," accordin...
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$301M Flows Into Bitcoin ETFs, Led by Blackrock and Ark Invest U.S. spot bitcoin exchange-traded funds (ETFs) saw their seventh consecutive day of inflows on Monday, attracting $301.04 million. Both IBIT and ARKB experienced nearly identical inflows, each drawing in $117 million. Bi...
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Kraken tells users that Mt. Gox reimbursement funds have been received Mt. Gox collapsed in 2014 and only recently began reimbursing injured parties in Bitcoin and Bitcoin Cash.
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Bitcoin ETF Traders Bought the Dip and Now Are Buying the Rebound as Inflows Topped $300M Monday Lifetime net inflows into the U.S.-based spot bitcoin exchange-traded funds topped $16 billion on Monday as investors of late have shown themselves to be buyers in both up and down markets.
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Cameron and Tyler Winklevoss Each Contributed $250,000 to New Trump-Aligned Super PAC An elite group of venture capitalists, business moguls and tech executives including Gemini co-founders Tyler and Cameron Winklevoss have contributed a combined $8.75 million to a new super political action committee (PA...
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