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Cryptocurrency News

Location American Cryptocurrency News for 16 August 2024
South Korea's Pension Fund Snaps Up Nearly $34M MicroStrategy Shares South Korean pension fund, National Pension Service (NPS), has bought MicroStrategy (MSTR) shares worth nearly $34 million in the second quarter of this year, according to filings made public earlier this week.
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Nigeria Court Freezes $38M of Crypto Allegedly Sent to Support Protests in the Country: Reports Nigerian authorities have traced $50 million of cryptocurrency sent to support recent protests, local media reported.
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Binance Pays $1.75 Million to Settle Irregular Derivatives Offering Procedure in Brazil Binance, one of the largest cryptocurrency exchanges in the world, has settled an administrative procedure with the CVM, the securities regulator of Brazil. The exchange proposed to pay 9.6 million Brazilian reais (appro...
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Tron network leads in stablecoin market share amid growing monthly transfer volume Tron's share of the stablecoin market continues to grow as the network's adjusted transfer volume in USDT hit $384 billion in July.
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Hedge Funds and Brokerages Dominate Bitcoin Assets, Coinshares 13F Filing Analysis Shows A recent analysis from Coinshares, spearheaded by its lead research analyst, James Butterfill, brings to light the evolving landscape of bitcoin investments among institutional investors. This report, derived from 13F fi...
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Paypal's PYUSD Supply Swells by $140.9M in 10 Days, Becomes Sixth Largest Stablecoin According to statistics, Paypal's PYUSD stablecoin has surpassed Tron's stablecoin USDD becoming the sixth largest dollar-pegged token by market capitalization. Over the past ten days, PYUSD's supply has swelled by $140....
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Crypto VC funding hits $2.7B in Q2, Tron may be 'most profitable blockchain' -- Finance Redefined Crypto startup funding rose over 2.5% in Q2, and Tron could be on track to become the most profitable blockchain in terms of revenue, according to Justin Sun.
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Crypto VC funding hits $2.7B in Q2, Tron may be 'most profitable blockchain' -- Finance Redefined Crypto startup funding rose over 2.5% in Q2, and Tron could be on track to become the most profitable blockchain in terms of revenue, according to Justin Sun.
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Texas senator discloses up to $100K in BTC after blockchain endorsement After visiting a Bitcoin mining facility and receiving the endorsement of a blockchain advocacy group, Senator Ted Cruz reported purchasing up to $100,000 worth of BTC in 2023.
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Price analysis 8/16: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB Bitcoin bulls are holding on to the $55,500 support, but an increase in futures open interest and a death cross on the BTC chart have traders worried that further downside is in store.
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Price analysis 8/16: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB Bitcoin bulls are holding on to the $55,500 support, but an increase in futures open interest and a death cross on the BTC chart have traders worried that further downside is in store.
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Goldman Sachs, Capula, Avenir were biggest BTC ETF buyers in Q2 -- CoinShares The companies collectively purchased nearly $1.3 billion worth of Bitcoin ETF shares during the quarter.
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Blackrock Edges Closer to Surpassing Grayscale in Onchain Crypto Assets According to data gathered by Arkham Intelligence, Blackrock’s onchain assets are inching closer to outpacing Grayscale’s crypto holdings. As of Friday, Grayscale’s onchain value stood at approximately $21.33 billi...
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NYSE, Nasdaq withdraw 3 more requests for crypto ETF options rule changes Activity keeps heating up around Bitcoin and Ether ETF options.
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US Bitcoin ETFs Gain $11M, Ether ETFs Slip by $39M on Thursday On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) pulled in $11.11 million, while ethereum ETFs faced a different outcome, with losses totaling $39.21 million during the day’s trading session. A Dive Into Thu...
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Bitcoin price stumbles as gold price hits $2.5K for the first time ever Bitcoin could hardly look less like gold as sideways BTC price moves meet all-time highs.
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New P2E Meme Game PlayDoge Raises $6M in Presale - Will PLAY Rally After DEX Listing? PlayDoge (PLAY) is proving that even in the meme coin world, it’s possible to shake things up. This new Play-to-Earn (P2E) project has just passed the $6 million mark in its presale. But does PlayDoge have what it take...
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$110M Added to Tokenized Treasuries in 5 Weeks, Market Cap Approaches $2B Mark As of today, the market capitalization of tokenized U.S. Treasuries stands at an impressive $1.92 billion, reflecting a $110 million increase since July 9, 2024, marking a 6.08% rise over roughly five weeks. Blackrock's ...
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Dormant Bitcoin Wallet From 2014 Moves $10.2M--After a Decade On Aug. 16, 2024, with bitcoin (BTC) hovering above the $58,000 mark, a bitcoin wallet that had been untouched since Jan. 8, 2014, moved 174.88 BTC for the first time in over a decade. Back when the funds were initially ...
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Bitcoin is back in 'accumulation' -- What does it mean for BTC price? Bitcoin could stage a recovery above $66,000 by September but faces significant resistance around $61,700.
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Bitcoin Mining Profitability Fell to All Time Lows in August, JPMorgan Analyst Says The total market cap of the fourteen publicly listed mining stocks the bank tracks fell 18% since the end of last month, the report said.
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CoinDesk 20 Performance Update: UNI leads with 3.8% Gains as Index Rises Twelve assets in the CoinDesk 20 Index gained, with ADA joining UNI among the largest advancers.
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