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Cryptocurrency News

Location American Cryptocurrency News for 26 September 2024
Kamala Harris wants the US to be 'dominant' in blockchain Democratic presidential nominee Kamala Harris made another public statement about digital assets during a Wednesday speech at the Economic Club of Pittsburgh.
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Utah Judge Rules SEC's Case Against Alleged Crypto Mining Scam Green United Can Proceed to Trial The U.S. Securities and Exchange Commission's (SEC) lawsuit against Green United can proceed to trial, a Utah judge ruled Monday.
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Lawmaker Introduces Defi Bill -- Calls Decentralized Finance 'Essential to Future of Markets' Congressman Warren Davidson has introduced the Evaluating Defi Opportunities Act to foster data-driven regulations for decentralized finance (defi). He stressed the importance of safeguarding innovation and user privacy ...
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BOS Open-Sources Zero-Knowledge Protocol, Paving the Way for Advanced Cryptography on Bitcoin BitcoinOS (BOS) has open-sourced its BitSNARK verification protocol, marking a significant advancement in blockchain technology. This protocol, which successfully verified the first zk-SNARK proof on the Bitcoin blockcha...
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Exclusive: Inside a Swiss nuclear bunker's secret Bitcoin vault A state-of-the-art nuclear bunker in the Swiss Alps is being used to safeguard Bitcoin.
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Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD "crvUSD is overexposed to minor stablecoins, especially TUSD which has a dubious track record and has recently been charged by the SEC with defrauding investors," the proposer wrote.
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Bitcoin $73.7K breakout 'imminent,' selloff intensity 'might vary' -- Analyst A Bitget analyst predicts that Bitcoin's "imminent" price breakout will come with "occasional cool-offs" unless there's stronger confidence in a "pro-Bitcoin" president taking office.
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Russian Republic Dagestan Battles Underground Crypto Mining Amid Power Outages Dagestan, a republic in Russia, is stepping up efforts to tackle illegal cryptocurrency mining due to its impact on the power grid and public safety. Underground mining operations have caused recent infrastructure damage...
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Crypto Inspired by 'Moo Deng' Zooms to $100M as Hippo Meme Takes Over Internet Holder count has zoomed to 12,400 unique wallets with over $48.5 million in volume traded over the last 24 hours, a fan page for the token said Wednesday.
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Binance continues to serve Russian users despite 2023 exit A spokesperson confirmed that Binance continues to serve a "limited number of existing Russian users" a year after announcing its full exit from Russia.
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Key Indicators Challenge Fed's 'Normalization' Rate Cut That Torched Bitcoin Rally The post-Fed risk-on rally supports the normalization narrative, but some indicators disagree, suggesting caution to bulls.
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Lightning Wallet Osmo Brings Financial Services to Puerto Rico Piero Coen, co-founder and CEO of Osmo, a Latam-focused bitcoin and lightning network wallet, has announced that they are now bringing their full suite of financial services for customers in Costa Rica. Costa Ricans can ...
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Experts Say P2E Games 'Normalize' Crypto in Emerging Markets Play-to-earn blockchain games are driving crypto adoption in emerging markets, particularly in Southeast Asia, Latin America, and Africa. Experts attribute this growth to their accessibility, economic opportunities, and ...
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Bitcoin Network Eases Up: Difficulty Falls 4.6% at Block 862,848 Bitcoin miners got a bit of a breather on Wednesday as the network’s difficulty dropped by 4.6% at block height 862,848. For the next two weeks, the process of finding a block subsidy is 4.6% easier than it was during ...
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Singapore Court Grants WazirX Four-Month Conditional Moratorium A Singapore court has granted Indian cryptocurrency exchange WazirX a four month moratorium based on certain conditions on Thursday, an industry source told CoinDesk.
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NYDFS 'More Eager Than Anyone' for Federal Legislation, Chief Says NYDFS Superintendent Adrienne Harris said any federal legislation should still keep a role for state regulators.
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Russia's Cybercrime Damage Exceeds $1.25 Billion in 2024, Minister Says Russian Interior Minister Vladimir Kolokoltsev has revealed that cybercrime damage in Russia has surpassed $1.25 billion so far this year, with both individuals and organizations, including government bodies, as frequent...
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Hong Kong CBDC Pilot Enters Phase 2 With New Firms to Advance Digital Currency Use Cases The Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into tokenized deposits and e-HKD. With 11 groups of firms selected, the initiative delves into practic...
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NYC's pro-crypto mayor Eric Adams indicted on corruption charges New York City Mayor Eric Adams said he would fight the federal criminal charges with "every ounce of my strength and spirit."
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Ethereum bulls and bears fight to win this week's $2.8B ETH options expiry Ethereum price showed strength in September, but data suggests holding above $2,600 will be a challenge.
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BRICS Eyes Petroyuan for Oil Trade Amid Dedollarization Push, Expert Says BRICS nations are considering adopting the petroyuan for oil trade as part of their ongoing dedollarization efforts, according to economic expert Herbert Poenisch. He noted the BRICS group may discuss alternatives to the...
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3 reasons why Bitcoin (BTC) struggles to hold $64.5K

Coin Telegraph - 26 Sep 2024 02:45
3 reasons why Bitcoin (BTC) struggles to hold $64.5K Bitcoin lost momentum as weak macroeconomic data, fear of a stock market correction, and worries over the upcoming US elections impacted investor sentiment.
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