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Cryptocurrency News

Location American Cryptocurrency News for 17 July 2024
OTC Crypto Spot Transaction Volume Surges 95% in H1 2024, Driven by Institutional Interest The over-the-counter (OTC) institutional cryptocurrency market saw a dramatic increase in spot transaction volume in the first half of 2024. A recent report by Finery Markets reveals a 95% year-over-year growth, highligh...
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Bitcoin whales set to stack more amid 'overestimated' Mt. Gox FUD: Analyst CryptoQuant CEO Ki Young Ju says Bitcoin is still vulnerable to "speculative FUDs," giving smart money a way to buy up cheap Bitcoin.
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German gov't was rushing to sell Bitcoin to maximize liquidity: Arkham CEO Using five different crypto exchanges suggests that the wallet sought to maximize liquidity on each order book and sell Bitcoin as soon as possible.
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OKX exchange exiting Nigeria due to regulatory concerns

Coin Telegraph - 18 Jul 2024 01:49
OKX exchange exiting Nigeria due to regulatory concerns Though the announcement came as a surprise to many users, OKX has been winding down features in the Nigerian market for months.
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Analysts forecast $200K+ Bitcoin price after BTC's bullish momentum returns Bitcoin's decisive move above $65,000 and miners' return to deep profitability could lead to BTC hitting $220,000.
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Ethereum ETFs Could Drive Prices to New Highs, Says Bitwise CIO Ethereum prices are poised to reach new all-time highs, according to Matt Hougan, chief investment officer at Bitwise. Hougan’s analysis suggests that the introduction of spot ethereum exchange-traded funds (ETFs) will...
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Trump Talks Economic Plans and US Crypto Strategy With Bloomberg: 'China's Going to Have It--or Somebody Else' In a recent interview with Bloomberg Businessweek, former President Donald Trump outlined his economic vision, touching on topics such as taxation, tariffs, Federal Reserve Chair Jerome Powell, and cryptocurrency. Trump�...
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Price analysis 7/17: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB Strong inflows into spot Bitcoin ETFs suggest that the sentiment has turned positive, and traders are buying aggressively.
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Price analysis 7/17: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB Strong inflows into spot Bitcoin ETFs suggest that the sentiment has turned positive, and traders are buying aggressively.
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Mark Cuban speculates Bitcoin may become a global reserve asset The entrepreneur and investor has a net worth of $5.4 billion as of 2024 and is no stranger to the world of digital assets.
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Protocol Village: IoTeX 'DePIN Infrastructure Modules' to Reduce Development Time The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 18-24.
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Billionaire Mark Cuban Connects Silicon Valley's Trump Support to Bitcoin On Wednesday, billionaire investor Mark Cuban shared on X about Silicon Valley’s growing backing for former President Trump, labeling it a “bitcoin play.” He argued that reduced tax rates and tariffs are likely to ...
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Why We Chose Sui Over Solana for Our DePIN

Coin Desk - 17 Jul 2024 23:11
Why We Chose Sui Over Solana for Our DePIN When Chirp - a DePIN for telecoms - was choosing a blockchain, the obvious option was Solana. But it decided to go with Sui instead. CEO Tim Kravchunovsky explains why.
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Bitcoin sale nets German government $2.8B

Coin Telegraph - 17 Jul 2024 22:31
Bitcoin sale nets German government $2.8B The Dresden Public Prosecutor's Office has confirmed the emergency sale of 49,858 Bitcoin between June 19 and July 12, 2024, in connection with the Movie2k investigation.
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The Protocol: Polymarket Feeds Political Junkies, With Nate Silver In this week's issue of CoinDesk's blockchain tech newsletter, we look at the "alternative news source" that Polymarket's prediction-betting site has become.
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Grayscale Launches Decentralized Crypto AI Fund for Accredited Investors Grayscale Investments has announced the launch of the Grayscale Decentralized AI Fund, aimed at providing exposure to blockchain-based artificial intelligence (AI) protocols. The fund, available to accredited investors, ...
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Bitcoin miner Cipher receives takeover offer, considers sale: Report Cipher's initial public offering (IPO) was in 2021. Its current market cap is more than $2 billion.
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Bitcoin Dips Below $64K as U.S. Equity Selloff Stalls Crypto Rebound A stock market correction is the biggest risk for the crypto market, but a renewed downturn would be a buying opportunity, an LMAX Group strategist said.
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Without High Switching Costs, Telecom Looks Vulnerable to DeWi High switching costs and long-term contracts have previously made telcos impossible to compete against. Key changes in market structure today are allowing challengers with unique crowdsourced supply to challenge them, sa...
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Stablecoin Market Expands by $344M in 7 Days, Led by Paypal's PYUSD Growth While the stablecoin economy experienced tepid growth in June, it expanded by $344.15 million over the past seven days. Paypal’s PYUSD, currently the eighth largest stablecoin by market capitalization, led the growth o...
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Philanthropy's Blockchain Uptake Is Slow, But Future Is Bright Adoption by non-profits, or the lack of it, is a good test of product simplicity and reliability, says Paul Brody, head of blockchain at EY.
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Bitcoin's 'OP_CAT' Possibilities Teased in StarkWare Test Project StarkWare used its new STARK verifier on the Signet network, a testing environment for Bitcoin, in a proof-on-concept project designed to demonstrate what the oldest blockchain might be capable of were the pending "OP_CA...
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