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Cryptocurrency News

Location American Cryptocurrency News for 17 September 2024
BRICS Payment Platforms Gain Momentum as US Dollar Alternatives, Says Russian Official BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These systems enable countries to conduct econom...
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UBS Expects Higher Gold Prices as US Dollar Weakens -- 'Gold's Rally Has Further to Run' Global investment bank UBS predicts continued pressure on the U.S. dollar and further gold price increases. “We expect the U.S. dollar to stay under pressure as yield differentials narrow,” UBS explained, adding: “...
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Prediction Market Limitless Raises $3M in Pre-Seed Round Led by 1confirmation PRESS RELEASE. Limitless Labs, the R&D network behind prediction market Limitless, has announced the successful closure of a pre-seed round. A total of $3M was raised in a round led by prominent venture capital firm 1con...
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UK Finance, Member Banks See Benefits During Experimental Phase of a Tokenization, CBDC Platform Barclays, Citi UK, HSBC and Natwest participated in the Regulated Liability Network test.
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Microstrategy Announces $700M Private Offering for Debt Buyback and Bitcoin Acquisition On Monday, U.S.-based Microstrategy, the publicly traded business intelligence (BI) company, unveiled plans for a private offering of $700 million in convertible senior notes. The BI firm plans to raise capital to pay of...
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BTC Miner Cathedra Shifts Focus to Bitcoin Acquisition Strategy Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its shareholders’ bitcoin per sh...
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Bitcoin's 'local market structure' could push BTC price to new all-time high -- Analysts Analysts say Bitcoin's recent price action could be a sign that the path to new all-time highs has begun.
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DePIN Tech Shows Promise, But Implementation Faces Several Hurdles, Moody's Says The Wall Street ratings agency's first-ever report about the sector underscores the increased attention towards DePIN apps.
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Wintermute launches OutcomeMarket, US election prediction tokens The new market will feature Chaos Labs' Edge Proofs Oracle support, but probably won't be accessible in the United States.
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Bitcoin rallies to $61K, but derivatives traders are still skeptical -- Here is why Bitcoin price shows strength ahead of a key Federal Reserve monetary policy decision on Sept. 18, but data suggests the momentum may not last.
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SEC Fines Prager Metis $1.95M Over Negligent FTX Audits The U.S. Securities and Exchange Commission (SEC) has reached a $1.95 million settlement with Prager Metis CPAs LLC and its affiliate over serious allegations related to their audits of crypto exchange FTX. The case high...
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SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams The U.S. Securities and Exchange Commission (SEC) has filed suit against three individuals and five companies for allegedly operating pig butchering scams - a type of confidence-enabled investment scam in which fraudster...
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Forget Meme Coins, Crypto Utility Is Already Here Memecoin mania has many wondering if crypto will stop the nonsense and deliver real use-cases, but crypto utility is already here if we simply look, says David Zimmerman, a research analyst at K33 Research.
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Key Opinion Leaders Are Bad for the Crypto Industry That's why my new project isn't paying them. (And who is Professor Crypto, anyway?)
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Bitcoin ETFs Rise With $12.9M Gains While Ether ETFs Struggle According to the latest crypto exchange-traded fund (ETF) data, spot bitcoin ETFs snagged $12.9 million in gains on Monday, while spot ethereum ETFs faced a $9.51 million loss. Bitcoin ETFs Continue to Grow, While Ethere...
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FTX's Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations International accounting firm Prager Metis has agreed to pay $745,000 to settle misconduct allegations from the U.S. Securities and Exchange Commission (SEC) tied to its bungled audit of FTX before its collapse in Novemb...
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Will Ether's Supply Crunch Lead to Higher Prices in Q4? Ether's price might be falling, but its liquid supply is shrinking. If demand picks up next quarter, we could see a supply crunch that pushes prices higher, says Lucas Schweiger, Digital Asset Research Manager at Sygnum ...
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Trump-Themed Meme Coins Spike Following Former President's X Interview After former President Donald Trump and his family introduced World Liberty Financial (WLF) during an X Spaces interview, meme coins inspired by Trump have enjoyed a notable rise in value over the past 24 hours when comp...
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U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams One of Cambodia's wealthiest businessmen has been hit with U.S. sanctions for allegedly playing a role in serious human rights abuses - including human trafficking and torture - tied to a pig butchering scam operation he...
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Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped Wednesday's FOMC meeting carries uncertainty for the market, with investors still divided on the magnitude of rate cut.
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U.S. Republican Lawmakers Say Crypto Legislation Not Yet Off the Table for This Year Two of the leading U.S. lawmakers seeking crypto oversight legislation, Rep. Patrick McHenry (R-N.C.) and Sen. Cynthia Lummis (R-Wyo.), are maintaining their position that a chance remains for a bill to clear Congress be...
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Circle's USDC in Brazil and Mexico Now Available to Businesses Via Banking System Previously, the stablecoin could only be purchased through crypto exchanges.
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