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Cryptocurrency News

Location American Cryptocurrency News for 17 September 2024
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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Markets Await Fed Decision: Bitcoin Spikes, Gold Drops, Stocks Wobble Bitcoin saw its value leap to $61,331 on Tuesday, just a day before members of the U.S. Federal Reserve convene to discuss a potential rate cut for federal funds. While BTC posted a 5% gain, stock markets exhibited mixed...
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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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Brian Armstrong, ETF Experts Shoot Down 'Paper Bitcoin' Rumors Rumors alleging Coinbase (COIN) of issuing bitcoin IOUs to BlackRock were quickly shut down by industry experts as well as Coinbase CEO Brian Armstrong on Monday.
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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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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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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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Is Solana following Ethereum? SOL price continues slump vs. Bitcoin Solana needs to hold above the crucial $120 support to avoid a potential correction below $100, according to market analysts.
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Why stocks may send Bitcoin price back to $50K before October Bitcoin and SPX share a high correlation index as the US stock approaches a new all-time high a day before the Fed cuts interest rates.
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Liquid Staking Absorbs 400,000 ETH, Closing in on 14M Mark According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite this decrease, ethereum continue...
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U.S. CFTC Chair Behnam Says Regulator Will Keep Pursuing Kalshi Case After the U.S. Commodity Futures Trading Commission's court defeat last week in the agency's pursuit of Kalshi's election contracts, the regulator's chairman, Rostin Behnam, said it will still keep pursuing the case agai...
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Memebet Token GambleFi Presale Enjoys Successful First Week, Could it Give 500x Gains Like Rollbit? A new meme coin is catching investors’ attention this week. Memebet (MEMEBET) is putting a crypto twist on online gambling, aiming to combine the popularity of meme coins with the buzz of digital casinos. And with near...
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BlackRock's Bitcoin ETF Monday Posted First Net Inflows in 14 Days BlackRock's iShares Bitcoin Trust (IBIT) broke its 13-day long streak of flat or negative flows, with the fund Monday taking in $15.8 million, according to data from Farside Investors.
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Tether-Issued Stablecoin USDT's Market Share Grows to 75% as Market Cap Tops $118B The largest stablecoin's market cap has almost doubled, while key rivals declined and new entrants have yet to challenge its position.
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Donald Trump Is Now a DeFi Enthusiast. Here's Why It Matters Trump's new DeFi project may fail, as many do, but its launch, coming in the midst of a presidential campaign, is further proof that crypto has entered the mainstream, says Graeme Moore, head of tokenization at the Polym...
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