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Cryptocurrency News

Location American Cryptocurrency News for 14 August 2024
Memecoin 'retail mania' could go the way of ICOs and NFTs, say execs Memecoins are a great way to attract people to crypto, but the jury's out on whether they'll maintain their current momentum.
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US Bitcoin ETFs 'on track' to top Satoshi's BTC stack soon United States Bitcoin ETFs have added around 37,510 BTC to their holdings each month on average and could soon surpass Satoshi Nakamoto's estimated stash.
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Brazilian Crypto Exchange Mercado Bitcoin Launches Flexible Crypto Collateralized Loans Mercado Bitcoin, one of the largest Brazil-based cryptocurrency exchanges, has launched a loan product allowing users to receive credit in Brazilian reais secured by crypto collateral. The credits will be limited to 30% ...
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Core Scientific drops 10% after $400 million convertible senior note offer Core Scientific stock has dropped to $8.46 per share on the Nasdaq following an announcement of offering convertible senior notes to help settle debts.
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Veteran Trader Peter Brandt Says Gold Is Poised for Massive Chart Breakout Peter Brandt, a veteran trader and respected chartist, says gold is poised for a massive chart breakout with targets of $2,800 and then $3,200, based on an inverse head and shoulders pattern indicating a bullish trend. T...
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The future of Web 3.0 gaming--Blockchain Futurist Conference According to a 2024 OnePoll survey of 2,000 adults, 52% of respondents said they were unaware of what blockchain gaming was.
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Declarative Blockchain Developer Essential Secures $11M Series A Round Essential has successfully secured $11 million in Series A funding. The round was led by Archetype, with contributions from IOSG, Spartan, Mirana, Amber Group, Maven 11, Bodhi Ventures, Big Brain Holdings, Heartcore Capi...
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Coinshares Weighs Trump and Harris' Impact on Bitcoin Ahead of 2024 Election In a recent report, Coinshares and author Max Shannon examine the potential impact of the 2024 U.S. presidential election on bitcoin, with a focus on the policies and positions of former President Donald Trump and curren...
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New Vanguard CEO: Vanguard is the second largest ETF issuer after Blackrock.
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Ghost Chains to Goldmines: How to Create Web3 Products That People Want The incentive structure of the current blockchain ecosystem works against useful innovation. CoinDesk columnist Azeem Khan has some ideas to fix that.
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Tether Invests $3 Million in Kem App to Boost USDT Usage in the Middle East Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s platform, promoting w...
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NYSE Arca withdraws request to list options on commodity trusts, crypto ETFs It's the latest in a flurry of regulatory activity around options on crypto funds.
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Exclusive: Fireblocks granted New York charter for crypto custody The charter allows Fireblocks to offer cold-storage custody to US clients.
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Bitcoin falls under $60K as investors' global economic slowdown concerns rise Fear of a global economic recession continues to drive investors away from risk-on assets like Bitcoin.
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Bitfarms Reveals Leadership Changes Amid Ongoing Conflict With Riot Platforms Bitfarms Ltd. has announced significant changes to its board of directors and executive team as the company continues to navigate a takeover bid and governance dispute with Riot Platforms Inc. The latest leadership updat...
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Nearly $600M of Silk Road Bitcoin Hits Coinbase Prime, but Not Necessarily to Sell Bitcoin's price remained flat around $59,000, while its swift decline from $61,000 earlier today happened before the transaction.
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Massive $593.5M Bitcoin Move: US Government Shifts Silk Road Stash to Coinbase Prime A transaction unearthed by Arkham Intelligence revealed that bitcoins linked to the Silk Road have been moved to Coinbase Prime. “10K Silk Road BTC ($593.5M) moved to Coinbase Prime,” Arkham posted on X. The firm fur...
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The Coming Financialization of Hashrate Markets

Coin Desk - 14 Aug 2024 21:34
The Coming Financialization of Hashrate Markets Bitcoin hashrate, the computational power securing the Bitcoin network, is emerging as a unique commodity with intriguing investment potential, say Sadiq Jaffer, Senior Manager, Financial Services, KPMG UK, and Kunal Bha...
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Blackrock's Bitcoin and Ethereum Funds Dominate Tuesday's ETF Inflows On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced an inflow of $38.94 million, while spot ether ETFs attracted $24.34 million. Tuesday’s Inflows Boost Spot Bitcoin and Ether ETFs The positive momen...
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Binance to Pay $1.7M to Brazilian Securities Commission to End Probe Into Unauthorized Derivatives Offering The Latin American country's agency had rejected Binance's previous proposal, made in August 2023, to end an investigation into its derivatives products.
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BREAKING: US government moves 10,000 Bitcoin

Coin Telegraph - 14 Aug 2024 21:15
BREAKING: US government moves 10,000 Bitcoin The United States government is currently the largest geopolitical holder of Bitcoin, with 203,000 BTC under the control of the US.
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The Anatomy of a Meltdown (and Just BTFD)

Coin Desk - 14 Aug 2024 21:11
The Anatomy of a Meltdown (and Just BTFD) GSR's Brian Rudick discusses the recent market meltdown, how towering bull tenets and fading risks could propel Bitcoin to $1m, and why the recent dip is a gift, all combining to make cryptocurrency's risk-reward its mos...
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