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Cryptocurrency News

Location American Cryptocurrency News for 2 August 2024
MicroStrategy's Q2 earnings reveals Bitcoin stockpile now $14.7B MicroStrategy shares jumped just 1% in after-hours trading, with the company posting a net loss of $123 million in the second quarter.
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On-Device Proofs Solve DePIN Verification Challenges Zero-knowledge proofs generated on DePIN devices are the best way to provide robust verification for service, performance, and location data while maintaining decentralization and privacy, argue NovaNet cofounders Wyatt ...
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DOJ Launches Whistleblower Awards Program to Tackle Crypto Crimes The U.S. Department of Justice (DOJ) has initiated a Corporate Whistleblower Awards Pilot Program to encourage reporting of corporate criminal activities. This three-year program targets financial institutions, including...
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The USA can (and should) dedicate more energy to Bitcoin mining Donald Trump is right: The United States could easily ramp up the amount of energy it expends on Bitcoin mining.
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Bitcoin traders risk-off as BTC price falls to $62K -- Is a generational bottom approaching? Bitcoin traders anticipate a potential price drop below $60,000. Will dip buyers show up?
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Microstrategy Boosts Bitcoin Holdings to 226,500 BTC With Q2 Acquisitions Nasdaq-listed Microstrategy acquired 12,222 bitcoins in the second quarter, bringing its total holdings to 226,500 BTC. CEO Phong Le and CFO Andrew Kang expressed optimism about future bitcoin support and emphasized the ...
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Crypto Lender Ledn Processes Over $1 Billion Loans in First Half of 2024 Ledn, a crypto lending platform, announced that it has processed over $1.16 billion in loans during the first half of 2024. This includes a notable 29.8% quarter-over-quarter growth in retail lending, driven by investor ...
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How DePINs Address AI's GPU Gap and Ethics Problems The future of AI depends on our ability to build a more inclusive, equitable, and decentralized computational landscape, says Mark Rydon, co-founder of Aethir.
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El Salvador's Chivo Wallet Has Not Presented Any Financial Balances Since Its Creation Chivo Wallet, the official Bitcoin wallet of the Salvadoran government, has been operating without presenting any of its financial balances to the National Registry Center (CNR). While Chivo is a private company managed ...
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Price analysis 8/2: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB The sell-off in the global stock markets is casting a bearish shadow on the cryptocurrency markets, signaling near-term weakness.
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Coinbase's 'Solid' Earnings May Get Derailed by Low Volume, Fed Headwinds, Analysts Say The company reported better-than-expected second-quarter earnings on Thursday but saw a strong downtick in revenue from transaction fees, its main source of income.
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Mining company CleanSpark sold only 2.54 Bitcoin in July CleanSpark announced it had increased its treasury holdings by 567% when compared to the same period last year.
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Morgan Stanley wealth managers to embrace BlackRock, Fidelity Bitcoin ETFs: Report Winning over the $3.75-trillion financial advisory firm is a historic milestone for crypto.
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MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High The broker raised its year-end price target for the software company to $2,150 from $1,875.
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MARA Reports Q2 2024 Earnings: Revenue Surges Amid Rising Losses and Hashrate Increase MARA, a leader in digital asset compute, reported a significant revenue increase of 78% to $145.1 million for the second quarter of 2024. Despite this growth, the company faced a substantial net loss of $199.7 million, d...
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France Opens for MiCA Applications, First Among Biggest EU Economies France's Autorité des Marchés Financiers said it started accepting applications for crypto asset services provider licenses on July 1.
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Bitcoin Slumps Below $63K, Altcoins Rekt, as Crypto Succumbs to Risk Off Mood Major U.S. stock indexes are suffering 2.5%-3.5% declines on Friday.
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Morgan Stanley to Offer Bitcoin ETFs to Wealthy Clients: CNBC The move will take effect on Wednesday and will be open to clients with a net worth of at least $1.5 million.
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PlayDoge ICO Nears $6M as Retro-Style P2E Meme Coin Goes Viral PlayDoge (PLAY), the latest meme coin sensation, is on the verge of hitting a major milestone. This retro-style project is nearing the $6 million mark in its limited-time presale. Both investors and gamers are eager to g...
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Make America Mine Again: How Donald Trump's Plan for U.S. Bitcoin Dominance Could Trigger a New Digital Gold Rush The U.S.'s pursuit of Bitcoin mining dominance could offer a golden ticket to national renewal, with our projections suggesting it could contribute to $30.6 billion in GDP and 54,000 jobs by 2028 if the U.S. captures 90%...
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Gold Breaks $2,500 per Ounce, Reaching Historic Highs Powered by Fed's Decision and Geopolitical Risks Gold prices reached historic highs on August 1, breaking the $2,500 mark on the New York Comex exchange. The precious metal reached a price of $2,502.6 for the first time in its history, influenced by the U.S. Federal Re...
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Trump made many promises to Bitcoiners -- Can he keep them? The Republican nominee for US president pledged to commute Ross Ulbricht's sentence, fire SEC Chair Gary Gensler, and have all Bitcoin mined in the United States.
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