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Cryptocurrency News

Location American Cryptocurrency News for 24 July 2024
Bitlayer Secures $11M in Series A Funding Led by Franklin Templeton and ABCDE Bitlayer Labs, the team behind a Bitcoin layer two (L2) solution utilizing the BitVM paradigm, has successfully raised $11 million in a Series A funding round led by Franklin Templeton and ABCDE. This investment elevates...
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Why Biden's exit from the elections briefly pushed Bitcoin price to $68K Biden's exit from the presidential race helped Bitcoin recover, but analysts expect the decision to cause more uncertainty in the crypto market.
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Robert Kiyosaki Forecasts $105,000 Bitcoin and $3,300 Gold if Trump Wins Rich Dad Poor Dad author Robert Kiyosaki predicts that if Donald Trump is re-elected as U.S. president, the dollar will weaken, leading to increased prices for gold, silver, bitcoin, and other assets. He forecasts gold w...
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Kraken Completes Mt Gox Bitcoin and Bitcoin Cash Distribution to Creditors Crypto exchange Kraken has completed the distribution of bitcoin and bitcoin cash from the Mt. Gox estate to creditors, marking the end of a decade-long process. Kraken CEO David Ripley expressed gratitude for the Truste...
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Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch Solana's SOL and Ripple's XRP were notable outperformers.
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Nigeria to Train 1,000 Residents Annually in AI and Blockchain Technologies The Federal Government of Nigeria has launched an initiative to train 1,000 Nigerians annually in artificial intelligence (AI), blockchain, and other cutting-edge technologies. The program, called the “AI Expertise Blo...
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Bitcoin Rewards App Fold to Become Publicly Traded Company Through Merger Fold Inc., a bitcoin financial services firm, is set to go public through a merger with FTAC Emerald Acquisition Corp., a special purpose acquisition company (SPAC). The transaction, expected to close in the fourth quart...
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Bitcoin traders back in profit even as price slows alongside spot BTC ETF inflows Despite this week's Bitcoin price sell-off, the rally to $68,000 put short-term traders back in profit and onchain metrics remain bullish.
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Wyoming Senator to Propose Bill for US Central Bank to Hold Bitcoin, Report Says Senator Cynthia Lummis of Wyoming is preparing to introduce new legislation that would require the Federal Reserve to hold bitcoin as a strategic reserve asset, as reported by Fox Business News. According to three anonym...
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Bullish Bitcoin traders better positioned for Friday's $5.5B options expiry Bullish Bitcoin options traders expect a hefty profit from Friday's expiry now that Germany and Mt. Gox wallets have been emptied
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Mercury Bank Blocks Fintech Founders From Nigeria, Ukraine, and a Dozen More Countries The U.S.-based fintech company, Mercury, will offboard startups whose founders reside in or whose businesses are headquartered in 14 African countries and six non-African states. Mercury CEO Immad Akhund stated that this...
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Ethereum ETFs start strong but lag epic Bitcoin ETF launch -- Analysts Analysts worry ETH will prove a harder sell than BTC to traditional investors.
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Cryptoquant Report Analyzes Market Impact of New SEC-Approved Ethereum Spot ETFs On July 23, 2024, the U.S. Securities and Exchange Commission approved the launch of several ethereum (ETH) spot exchange-traded funds (ETFs), marking a significant development in the cryptocurrency market. The latest re...
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Price analysis 7/24: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB Bitcoin bulls are trying to protect the $65,500 level, but if they fail, a drop to $62,000 is possible.
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Price analysis 7/24: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB Bitcoin bulls are trying to protect the $65,500 level, but if they fail, a drop to $62,000 is possible.
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Is Donald Trump Insulating Bitcoin's Price From The Tech Stock Slide? With bitcoin steady and tech stocks tanking, is this BTC's decoupling moment? If so, former president Trump may be the reason, says CoinDesk's senior analyst George Kaloudis.
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The Evolving Efficiency of Bitcoin Markets

Coin Desk - 24 Jul 2024 21:30
The Evolving Efficiency of Bitcoin Markets Low liquidity, regulatory uncertainty and speculative behavior contributes to inefficiency in crypto markets. But systematic approaches, including momentum indexes, can reduce risks to investors, says Gregory Mall, head ...
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Harris vs. Trump: Polls Show Tight Race as Betting and Prediction Markets Favor Trump After Kamala Harris announced her candidacy for the U.S. presidency in the 2024 election, recent polls show she is performing competitively against Donald Trump in hypothetical matchups. However, betting markets suggest ...
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Dispersion Is Defining the Current Crypto Market

Coin Desk - 24 Jul 2024 21:00
Dispersion Is Defining the Current Crypto Market The range of returns available across digital asset markets offers unique opportunities for investors, says Alex Botte, Partner at Hack VC, a crypto-native venture capital firm.
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The Protocol: Ethereum ETFs Aren't Blockchain, but Buyers Ape In As Bitcoiners descend on Nashville for a big annual conference, we're covering robust demand for new Ethereum spot exchange-traded funds (ETFs) and recapping the $230 million WazirX hack.
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Bitcoin Miner Iris Energy Expands Power Capacity at Texas Data Center Iris Energy Limited has announced an increase in its power capacity at the Childress site in Texas from 600 megawatts (MW) to 750 MW. This expansion follows approval from the Electric Reliability Council of Texas (ERCOT)...
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Bitstamp to Start Distributing Mt. Gox Proceeds on Thursday Customers of the defunct crypto exchange lost their funds in a 2014 hack.
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