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Cryptocurrency News

Location American Cryptocurrency News for 12 August 2024
BOJ ex-board member says another rate hike unlikely this year The Bank of Japan is unlikely to raise interest rates again for the rest of the year, but it'll be a "toss up" whether there will be another before March.
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Putin Signs Law to Advance Cryptocurrency Use in Russia's International Trade Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies, in international trade. The legislation allows for the modi...
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Bitcoin Slips Below $59K as Crypto Market Faces $132M in Liquidations On Sunday, bitcoin slipped below the $60,000 mark and dipped even further beneath the $59,000 range. The leading cryptocurrency touched an intraday low of $58,315, after previously hitting a high of $61,868 earlier in th...
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AI Search Engine Perplexity Teams up With Predictions Market Giant Polymarket On Aug. 12, 2024, the startup behind Perplexity, an AI-driven search engine and chatbot, revealed a new partnership with Polymarket, a blockchain-powered predictions market. With this integration, users searching for eve...
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Here's what happened in crypto today

Coin Telegraph - 13 Aug 2024 01:21
Here's what happened in crypto today Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Price analysis 8/12: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA The S&P 500 Index is extending its recovery, boosting buying in Bitcoin and select altcoins in the near term.
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Price analysis 8/12: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA The S&P 500 Index is extending its recovery, boosting buying in Bitcoin and select altcoins in the near term.
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What I Learned About Crypto's Future From Basecamp and FWBFest Binji Pande, who works on partnerships at Optimism Unlimited and is contributor to The Optimism Collective, visits two summer retreats and returns with insights about how crypto can get greater user adoption.
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Hamster Kombat turns down venture capital offers

Coin Telegraph - 13 Aug 2024 00:21
Hamster Kombat turns down venture capital offers Hamster Kombat has attracted more than 300 million users to the game, setting records in Web3 game development.
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Bitdeer clocks 50% gross profit jump amid Bitcoin mining ramp up The Bitcoin miner reported a net loss of $17.7 million in the second quarter of 2024 despite hashrate growth.
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VCs Show 'Flight to Quality' in Q2 Funding Report PitchBook reports $2.7B in venture funding, up from Q1, but with less deal flow. It expects $12-14B for the year, up significantly on 2023's numbers.
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SEC Files Fraud Charges Against Promoters of NovaTech, Alleged $650M Crypto Pyramid Scheme The U.S. Securities and Exchange Commission (SEC) filed suit against an alleged crypto pyramid scheme, NovaTech, and eight of its promoters on Monday, charging them with fraud and multiple violations of federal securitie...
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Year-End Launch of Bitcoin ETF Options Could Lead to Price Drops Analysts and market observers anticipate that options trading for U.S. spot bitcoin exchange-traded funds (ETFs) could kick off before year-end. While there’s considerable buzz around these new investment avenues, the ...
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Chance of Bitcoin price drop to $52K rises as derivatives show traders losing hope Worsening US macroeconomic data and some slight changes in the Bitcoin options market could be signs that BTC's price weakness is set to intensify.
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Mixed Fortunes for US ETH ETFs: Blackrock, Fidelity and Bitwise Thrive Amid Market Shifts Twenty days have passed since the debut of U.S. spot ethereum exchange-traded funds (ETFs), encompassing 14 trading sessions to date. During this period, the overall net inflows have dipped to a loss of $405.94 million. ...
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Why is Bitcoin price volatile today?

Coin Telegraph - 12 Aug 2024 21:15
Why is Bitcoin price volatile today? Bitcoin price opens the week with whipsaw price action ahead of a busy macroeconomic data week, and investors hope that the] US Federal Reserve will cut rates.
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SUI and ZETA Lead the Week's Crypto Gains, Monero Dips Slightly Despite the recent dip in the crypto market, several digital currencies have experienced solid growth over the past week. Leading the pack, SUI saw a 95.6% increase against the U.S. dollar, with ZETA following closely, j...
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German State-Owned Development Bank Prepares for Tokenized Bond Issuance with Boerse Stuttgart Digital in ECB Trial Traditional finance institutions are increasingly exploring ways of putting assets like bonds, credit and funds on blockchain rails, known as RWA tokenization, to pursue operational benefits.
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Bitcoin price dip may retest $55K before next leg up

Coin Telegraph - 12 Aug 2024 20:20
Bitcoin price dip may retest $55K before next leg up Based on the upcoming Aug. 14 CPI reading, Bitcoin lost a key trend line when it fell under $63,000, but it could still be on track to recover.
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Bitcoin miner Argo repays $35M Galaxy bailout loan

Coin Telegraph - 12 Aug 2024 20:13
Bitcoin miner Argo repays $35M Galaxy bailout loan The loan saved Argo from bankruptcy during the crypto winter of 2022.
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Hamster Kombat Rejected Numerous Venture Capital Investments; Players Will Not Become 'Exit Liquidity' Hamster Kombat, the popular tap-to-earn sensation, revealed having rejected several investment proposals from some of the biggest venture capital firms in the crypto industry. The team behind the game declared that it wo...
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Optimism Pushes for 'Interoperability' Between Affiliated Blockchains Optimism networks that are part of the Superchain rely on Ethereum to communicate with each other in order to move assets, which tends to make such moves slow and expensive. To address that, Optimism is releasing its own...
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