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Cryptocurrency News

Location American Cryptocurrency News for 7 August 2024
JPMorgan Sees 'Buy the Dip' Opportunity After Market Selloff Monday marked a severe downturn in financial markets, with sharp selloffs in stocks, cryptocurrencies, and precious metals. However, JPMorgan analysts see a potential “buy the dip” opportunity as the rotation out of ...
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Missing 'Cryptoqueen' Ruja Ignatova has assets frozen by UK court The "Cryptoqueen" has not been seen since 2017, as investigative authorities worldwide continue to seek information on her whereabouts.
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Bitcoin Premium Climbs to 6% in South Korea Amid Market Turbulence On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a 3.41% decrease over the preceding 24 hours. Concurrently, in South Korea, the price of bitco...
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Economist Jim Rickards Highlights Gold's Opportunity During Market Meltdowns Jim Rickards, a U.S. economist and best-selling author of the book "Currency Wars," has detailed the opportunity that gold presents during pronounced stock market drops. Rickards, who has predicted a tremendous rise in g...
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Judge Fines Ripple $125M, Bans Future Securities Law Violations in Long-Running SEC Case A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations on Wednesday.
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Ethena Labs Expands USDE to Solana, Reveals Gradual SOL Integration On Wednesday, Ethena Labs, the team responsible for the yield-bearing stablecoin project USDE, revealed its expansion to the Solana blockchain. This move brings USDE to the distributed ledger, with SOL now also being use...
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Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains An overnight bounce following dovish remarks from the Bank of Japan has failed to hold.
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Bitcoin Mining Profits Crushed by Record Difficulty and Historic Hashprice Drop On Aug. 7, 2024, bitcoin’s price moved within a 24-hour range between $55,742 and $57,607. This lower price bracket has significantly reduced bitcoin mining revenue, causing the estimated daily value of 1 petahash per ...
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Brazilian Civil Police Dismantles Crypto Laundering Scheme Employed by Drug Gang The Civil Police of São Paulo, Brazil, dismantled a money laundering scheme managed by the drug gang First Capital Command (PCC) that operated a company operating as a crypto exchange, the police said on X (formerly Twi...
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Price analysis 8/7: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB Bitcoin's recovery bounce is losing steam, indicating that the bears remain active at higher levels.
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Donald Trump Jr. Teases 'Huge' Crypto News--Says Defi 'Is the Future' Donald Trump Jr., the eldest child of the former 45th president, took to social media on Wednesday to declare that decentralized finance (defi) represents the future of the financial world. "We're about to shake up the c...
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The Protocol: Death Cross, Dip Buying and Developer Nerves Bitcoin swooned, and crypto markets followed. Should blockchain-project founders and developers be worried? PLUS: We break down Ronin Network's $12 million run-in with white-hat hackers.
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Morgan Stanley advisers can officially pitch Bitcoin ETFs For now, the advisory platform is only recommending ETFs from BlackRock and Fidelity.
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HODL Digital Services Expands as Canada's Leading Bitcoin ATM Network PRESS RELEASE. HODL Digital Services, the premier provider of Buy and Sell Bitcoin ATMs in Canada, is proud to announce its continued expansion across the country. With an extensive network of machines located in Nova Sc...
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Grayscale Launches 2 New Crypto Trusts Focused on AI and Scalable Blockchain Tech Grayscale Investments has announced the launch of two new cryptocurrency investment trusts--Grayscale Bittensor Trust and Grayscale Sui Trust. These new offerings aim to provide accredited investors with targeted exposur...
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The Mortgage Industry Meets Digital Asset Capital Markets Tokenized private funds primed for adoption as the industry has seen with short-term liquidity products, says Peter Gaffney, vice president, business development & strategy at Blue Water Financial Technologies Services L...
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How DePIN Can Modernize Car Insurance

Coin Desk - 7 Aug 2024 20:16
How DePIN Can Modernize Car Insurance Auto insurers take a blanket approach to setting premium prices, disadvantaging drivers with better records. DePINs can help individualize policies while keeping data secure, writes Hugo Feiler, CEO of Minima.
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Preparing for DeFi Regulation: The Role of Portable KYC As regulators scrutinize DeFi more closely, participants need to improve compliance around AML and KYC and make the process easier for customers, says Thomas Gentle, Compliance Officer, Quadrata.
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Hong Kong Digital Bank Mox Adds Crypto ETFs, Plans Direct Crypto Investing Mox, a virtual bank subsidiary of Standard Chartered, has started offering bitcoin and ether exchange-traded funds to its clients shortly after launching an investment platform in Hong Kong.
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Ronin Network Reclaims $12 Million in Stolen Digital Assets Ronin Network stated that digital assets worth $12 million, siphoned by so-called white hat hackers on August 6, were returned in full the same day. The Ronin team mentioned that they paused the bridge approximately 40 m...
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How Chinese traders and miners get around China's crypto ban Chinese crypto traders, miners and airdrop farmers aren't letting an almost total ban on crypto in China stop them from joining the fun.
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How Chinese traders and miners get around China's crypto ban Chinese crypto traders, miners and airdrop farmers aren't letting an almost total ban on crypto in China stop them from joining the fun.
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