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Cryptocurrency News

Location American Cryptocurrency News for 31 August 2024
Washington Man Faces Charges in $64 Million Crypto Laundering Scheme A Washington resident has been charged with involvement in a $64 million cryptocurrency laundering scheme. He allegedly deceived investors, posing as an escrow agent, and transferred funds into his accounts. The funds we...
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Nigeria Approves Two Crypto Exchanges, Warns Against Patronizing 'Illegal Operators' The Nigerian Securities and Exchange Commission (SEC) has granted “approval-in-principle” to Busha Digital and Quidax Technologies, the first digital asset exchanges to operate in the country. Additionally, four digi...
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Bukele States Bitcoin Was an Effective Rebranding Tool for El Salvador President Nayib Bukele pondered how El Salvador adopted the bitcoin banner and evaluated how it has fared for the country so far. In a recent interview given to Time magazine, Bukele admits that while Bitcoin adoption ha...
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Forget Airline Miles: Are Crypto Casinos Like Cloudbet Reinventing the Rewards Game? For decades, loyalty programs have been a staple of customer retention strategies across various industries. From airline miles to hotel points, these programs have promised consumers a tangible return for their loyalty....
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Trump's World Liberty Financial Launches 'Epic' Meme Contest as Telegram Channel Hits 100K Members The Trump family’s decentralized finance (defi) venture, World Liberty Financial, which has been shrouded in secrecy for quite a while, has now revealed another development--the launch of an "epic meme contest." The ne...
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Ethereum's Gas Fees Remain Low While Network Turns Inflationary According to recent metrics, Ethereum’s onchain fees continue to stay impressively low, with the average transaction cost this weekend at just 0.00029 ETH or $0.743. Etherscan reports that even high-priority fees are u...
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South Korea's Bitcoin Premium Persists Amid Market Volatility Despite recent turbulence in the crypto market, bitcoin’s price continues to carry a premium in South Korea. As of 4 p.m. EDT, bitcoin is trading at $59,002 per unit, but in South Korea, the exchange rate hits $59,900,...
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Nigerian Blockchain Leader: Approval of 2 Crypto Exchanges Brings Much-Needed Regulatory Clarity A Nigerian blockchain industry leader has described the recent approval of two crypto exchanges by the securities regulator as a positive step that improves the image of Nigeria’s crypto space. The leader believes clea...
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UBS Predicts Further Weakening of US Dollar

Bitcoin.com - 1 Sep 2024 00:33
UBS Predicts Further Weakening of US Dollar UBS predicts further depreciation of the U.S. dollar due to narrowing interest rate differentials, ongoing U.S. fiscal deficit concerns, and a shift in global central bank strategies. Despite a brief rally, UBS has downg...
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Bored Ape Yacht Club Leads the Week's Priciest NFT Sale Despite Overall Market Dip While non-fungible token (NFT) sales saw a 24% boost the week before, the last seven days have witnessed a 4.3% dip. Meanwhile, the number of NFT buyers jumped by 31.48%, with sellers also on the rise by 25.86%. NFT Sale...
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Telegram financial statement shows it holds $400 million in crypto The messaging app had about four million premium users at the end of 2023.
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Friday Market Recap: Ether ETFs See Zero Gains as Bitcoin ETFs Bleed $175 Million Spot bitcoin exchange-traded funds (ETFs) faced another round of outflows as five funds pulled out $175.67 million. At the same time, despite a trading volume of $173.66 million, ether ETFs saw no net gains or losses on ...
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Top TON Coins Face Turbulent Week Amid Durov Arrest and Network Disruptions Over the past week, The Open Network (TON) ecosystem has encountered a series of setbacks due to a wave of unfavorable news. The turbulence began with the arrest of Telegram founder Pavel Durov, followed by two significa...
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Bitcoin must reach a 'higher high' to confirm uptrend after dip below $58K If Bitcoin is to maintain its longer-term uptrend, it must avoid breaking down below $56,000, according to a crypto analyst.
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Argentine President Javier Milei to Star in His Own Docuseries on X Argentine President Javier Milei recently announced that a series documenting his rise to power will premiere on X. The six-part limited series, titled “Milei – The Series,” will showcase the process Milei underwen...
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Lightspark Presents Solution Linking Lightning Network Payments to Bank Accounts in the U.S. Lightspark, a Bitcoin Lightning Network financial services company, has announced the release of its UMA Extend feature, which focuses on increasing the interaction between crypto and legacy rails in the U.S. With UMA Ex...
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A U.S. Crypto Bill's 2024 Chances

Coin Desk - 31 Aug 2024 04:30
A U.S. Crypto Bill's 2024 Chances Earlier this month, Senate Majority Leader Chuck Schumer (D-N.Y.) told the audience at a "Crypto4Harris" virtual event that he hoped to shepherd crypto legislation through Congress and have President Joe Biden sign the b...
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Bitso Report Shows Argentines Leading Stablecoin Adoption in Latam A recent report by Bitso, one of the largest crypto exchanges in Latin America, found that Argentines were especially inclined to use and purchase stablecoins over other cryptocurrencies. Six out of every ten cryptocurre...
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Scientific paper argues Bitcoin mining can reduce methane emissions According to a United Nations report, Methane gas runoff is "80 times more harmful than CO2 for 20 years after it is released."
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