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Cryptocurrency News

Location American Cryptocurrency News for 25 September 2024
JPMorgan CEO Jamie Dimon Cautions Against Market Optimism -- 'Geopolitics Is Getting Worse' JPMorgan CEO Jamie Dimon has issued a serious warning about escalating geopolitical risks, stating that they pose greater threats to global stability than current economic challenges. His remarks come in light of rising ...
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Lawmakers Question SEC Over Disruptive Crypto Custody Rules Congressional leaders are pressing regulators over concerns that the U.S. Securities and Exchange Commission (SEC)’s new guidelines on digital asset custody could disrupt financial innovation and regulatory collaborati...
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Sky Adviser Recommends Halting Wrapped Bitcoin Offboarding BA Labs, an adviser to Sky, formerly known as Makerdao, has decided to stop recommending any additional parameter changes regarding the offboarding of wrapped bitcoin (WBTC) collateral. The move follows statements from B...
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Financial institutions are experimenting with Bitcoin-backed lending: Ledn Lower interest rates and accelerating crypto adoption are spurring more financial institutions to try Bitcoin-backed lending.
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PayPal enables business accounts to buy, sell, and trade crypto In 2020, PayPal began allowing individual retail customers to buy, sell, and hold crypto directly from their PayPal and Venmo accounts.
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Bitcoin price stuck in 'extended consolidation phase' due to drop in capital inflows -- Report Bitcoin's significant drop in capital inflows over the last six months is contributing to the current price consolidation.
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Curve Finance Proposal Eyes Reducing TUSD Exposure After SEC Settlement Curve Finance is evaluating a proposal to reduce its reliance on the stablecoin TUSD following the resolution of U.S. Securities and Exchange Commission (SEC) charges against Trusttoken Inc. and Truecoin LLC, the compani...
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Solana may hit $330 and reach 50% of ETH market cap -- VanEck research Solana uses a monolithic structure that allows the network to capitalize on the speed and efficiency absent from modular blockchains.
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PayPal Enables U.S. Business Accounts to Buy, Hold and Sell Crypto The service won't be available to New York state in the beginning.
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The Next Wave of AI Is Mobile

Coin Desk - 25 Sep 2024 21:16
The Next Wave of AI Is Mobile AI is moving beyond tech giants as everyday smartphones take on complex computing tasks, says Mitch Liu, CEO of Theta Labs.
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QCP Capital Analyzes Bullish Macro Trends Impacting Bitcoin and Risk Assets According to QCP Capital’s latest analysis, macroeconomic conditions are becoming increasingly favorable for risk assets, including cryptocurrencies. Central bank policies, particularly from China and the U.S. are play...
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The Protocol: When Trump Bought Red-Meat Bitcoin Burgers, He Called It 'Crypto' Republican U.S. presidential candidate Donald Trump won chits from the Bitcoin community for reportedly purchasing smash burgers at a Bitcoin-friendly New York pub. But in a way, the whole episode was about damage contro...
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Bitcoin Bounces Back Above Key Averages, Glassnode Sees New Investor Resilience Bitcoin has recaptured its Short-Term Holder (STH) cost basis of $61,900 following the Federal Reserve’s recent 0.5% interest rate cut, according to Glassnode’s recent analysis. Despite the market’s ongoing consoli...
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Wallet in Telegram app temporarily blocked for UK users due to restructuring Telegram users in the United States are also restricted from using the Wallet in Telegram app due to financial regulations.
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Citrea Launches Testnet to Enable Bitcoin-Based Decentralized Applications Citrea has launched its public testnet, creating a solution to allow Ethereum Virtual Machine (EVM) developers to access Bitcoin’s blockspace. The team believes this is testnet marks a significant step toward using Bit...
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Former Government Employees, Compliance Officers Rally for Detained Binance Executive A handful of former prosecutors and compliance professionals staged a protest in front of the United Nations General Assembly Wednesday.
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Site of CZ's downfall and pot crypto vendors: Crypto City Guide to Seattle Seattle's medical marijuana vendors accept crypto, residents don't file income tax returns here, and the Governor signed a blockchain bill.
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Site of CZ's downfall and pot crypto vendors: Crypto City Guide to Seattle Seattle's medical marijuana vendors accept crypto, residents don't file income tax returns here, and the Governor signed a blockchain bill.
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Stablecoins Will Drive Institutional Adoption in Asia: Chainalysis CEO Stablecoins will drive institutional adoption in Asia, "even if regulators are not happy with it," Chainalysis co-founder and CEO Michael Gronager said in an interview.
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Unreliability, High Prices, and Security Breaches: Can DePIN Fix Telecom? With skyrocketing costs, frequent security breaches, and unreliable services, the telecom industry is ripe for change, and DePIN may serve as the perfect catalyst for the sector's transformation, says Uplink's Carlos Lei...
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Ethereum's Changing Landscape

Coin Desk - 25 Sep 2024 17:19
Ethereum's Changing Landscape For investors, ETH's future depends on how Ethereum balances innovation with maintaining healthy economic policy, says Matthew Kimmel, digital asset analyst, CoinShares.
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The Fed Pivot is Finally Here

Coin Desk - 25 Sep 2024 17:19
The Fed Pivot is Finally Here Last week, the Fed cut its federal funds target rate by 50 bps to 5.00% p.a. (upper limit) which could have strong implications for the crypto community, says Andre Dragosh, head of research Europe, CoinShares.
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