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Cryptocurrency News

Location American Cryptocurrency News for 22 August 2024
Fed Chair Jerome Powell Expected to Set Stage for September Rate Cut Bitcoin remains nearly 20% below its all-time high, while U.S. stocks and gold are at or within close shouting distance of record levels.
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McDonald's Instagram hackers make $700K shilling Grimace memecoin Scammers hacked the official McDonald's Instagram account to promote a sham memecoin based on the fast food giant's mascot Grimace.
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PEPE Price Jumps 5% as Analyst Forecasts Uptrend, Pepe Unchained Presale Raises $10M Pepe (PEPE) has jumped 5% in the past 24 hours, catching the attention of meme coin traders. One top analyst has even suggested that this could be the start of an uptrend for the coin. Meanwhile, new project Pepe Unchain...
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Campaign Advisor Says Harris Will 'Support Policies' Promoting Growth of Digital Currencies On Wed., Aug. 21, 2024, Bloomberg shared that Vice President Kamala Harris intends to back policies that favor digital currencies. Brian Nelson, a senior advisor for the Harris campaign, told Bloomberg in an interview th...
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German Authority Seizes 13 Unauthorized Crypto ATMs

Bitcoin.com - 22 Aug 2024 03:30
German Authority Seizes 13 Unauthorized Crypto ATMs Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations. BaFin reported that the machines facil...
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Tron's Sun Pump Debut Sparks New Highs in Meme Coin Market Since its debut in mid-August, Sun Pump, a Tron-based meme coin generator, has been bustling with action. Data from Dune Analytics reveals that close to 30,000 Sun Pump-issued tokens have been minted to date, with an imp...
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Bitcoin is holding $60K -- Here's why it's important

Coin Telegraph - 23 Aug 2024 01:30
Bitcoin is holding $60K -- Here's why it's important Resilient US job and inflation data and steady spot Bitcoin ETF inflows aided Bitcoin's rally above $60,000.
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From Chaos to Crypto: The Crecimiento Movement Igniting Argentina A month-long pop-up in Buenos Aires is showing how crypto can potentially transform an economy from the bottom-up.
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Metalex and Lido Finance Propose First Major BORG Initiative Metalex and Lido Finance have rolled out a bold proposal to launch the first major cybernetic organization (BORG), setting their sights on boosting trustlessness in the crypto world. This move marks a fresh chapter in me...
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Bitcoin exchange inflow has fallen sharply in August -- CryptoQuant Exchange inflows gauge potential selling pressure, with high inflows suggesting high sell pressure and low inflows suggesting low pressure.
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El Salvador to Educate 80,000 Public Servants on Bitcoin The Bitcoin Office of El Salvador announced that 80,000 public servants will receive bitcoin instruction and certification through an educational module that is part of the Higher School of Innovation in Public Administr...
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CluCoin Founder Pleads Guilty to Stealing $1.1M of Investor Funds for Online Gambling The founder of Miami-based crypto project CluCoin has pleaded guilty to stealing over $1 million from investors and spending the money at online casinos.
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Crypto Promoter and Failed Politician Michelle Bond Accused of Illegally Taking FTX Cash Michelle Bond, who once ran a Washington-based crypto advocacy group and had served as a U.S. Securities and Exchange Commission lawyer, was indicted in federal court for taking illegal campaign contributions during her ...
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US Payrolls Revised Down by 818,000, Largest in 15 Years: QCP Capital Analyzes Impact on Markets QCP Capital reports that the largest downward revision to U.S. payrolls in 15 years has raised concerns over the strength of the labor market. The report suggests that these revisions could influence the Federal Reserve�...
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3 reasons why Bitcoin price could hit $68K in September

Coin Telegraph - 22 Aug 2024 22:19
3 reasons why Bitcoin price could hit $68K in September Bitcoin's technical setup and onchain data hint at a short upside recovery in the making.
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Franklin Templeton Expands Tokenized Money Market Fund to Avalanche Network Franklin Templeton has extended its blockchain initiatives by launching its tokenized U.S. Government Money Fund on the Avalanche network. This move marks another expansion of the firm’s onchain financial products. Ava...
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Report: Crypto Industry Spends Record $119 Million in 2024 Federal Elections The crypto industry made waves in the 2024 federal elections by investing a staggering $119 million, positioning itself as the top corporate donor of the election cycle, according to a detailed report by citizen.org. Thi...
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AI drone 'hellscape' plan for Taiwan, LLMs too dumb to destroy humanity: AI Eye Skyfire launches crypto payments network for AI agents, Trump deepfakes 'just memes,' drone swarms to be unleashed on China: AI Eye.
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AI drone 'hellscape' plan for Taiwan, LLMs too dumb to destroy humanity: AI Eye Skyfire launches crypto payments network for AI agents, Trump deepfakes 'just memes,' drone swarms to be unleashed on China: AI Eye.
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OmegaPro Co-Founder Arrested in Turkey on Suspicion of $4B Ponzi Scheme: Reports The firm said it invested in cryptocurrency and forex, and reportedly collapsed in 2022.
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Polymarket Wager Shows Trump Taking the Lead in Nail-Biting 2024 Election Bet On Aug. 22, 2024, Polymarket odds showed former President Donald Trump leading in the prediction market that pits him against Kamala Harris for the 2024 presidential election. As of 8:19 a.m. EDT on Thursday, Trump held ...
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Crypto for Advisors: Are Crypto SMAs Right for Institutions? Separately Managed Accounts, or SMAs, offer significant advantages over ETFs for institutional investors who want to invest in crypto via actively managed accounts.
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