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Cryptocurrency News

Location American Cryptocurrency News for 1 October 2024
UBS Warns of Further US Dollar Decline, Advises Investors to Reduce USD holdings Financial giant UBS expects the U.S. dollar to continue to depreciate, advising investors to reevaluate their portfolios. The bank predicts a medium-term decline due to shrinking interest rate advantages and a growing fi...
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Cantor Fitzgerald CEO: Bitcoin Is a Commodity, Should Be Treated Like Gold and Oil Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see it any other way,” he said, adding that the crypto “should be treated like gold and like...
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Sui Bridge Launches on Mainnet, Connecting Ethereum and Sui The Sui Foundation has introduced the Sui Bridge on mainnet, enabling secure asset transfers between the Ethereum and Sui networks. This bridge focuses on simplifying the movement of assets across chains, starting with e...
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Middle East Tensions Trigger Equities Sell-Off, Bitcoin Drops to $60,246 On Tuesday, major U.S. stock indices, including the Nasdaq Composite, Dow Jones Industrial Average, Russell 2000, and S&P 500, all closed in negative territory, driven by growing concerns over potential conflict escalati...
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Solana DApps volume increased by 46% in a week -- Is $180 SOL the next stop? An uptick in Solana's network activity and upcoming project launches could send SOL price higher.
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Bitwise Takes a Step Toward XRP ETF

Coin Desk - 1 Oct 2024 23:24
Bitwise Takes a Step Toward XRP ETF Crypto native asset manager Bitwise is moving toward creating an exchange-traded fund tracking XRP, the token closely associated with crypto company Ripple.
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Central Bank of Tanzania to Hoard 20% of Total Gold Exports The Central Bank of Tanzania will purchase 20% of all the gold directed for exports as the country prepares to diversify its reserves. The movement is seen as a reaction to the current acceleration of gold prices, with T...
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Tether's USDT Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino Ardoino says there's more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure.
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Bitcoin metrics reset and point to 'major move' in Q4 -- Analysts Analysts say Bitcoin's prolonged downtrend reset its key price metrics, setting BTC up for a stellar Q4 performance.
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Gomining Launches Foundation to Drive Innovation in Bitcoin L1 and L2 Projects The GoBTC Foundation, established by Gomining, has been officially launched to strengthen Bitcoin’s onchain ecosystem. The foundation’s creation aims to support initiatives that foster greater transaction activity an...
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Bitwise has filed an XRP ETF

Coin Telegraph - 1 Oct 2024 21:51
Bitwise has filed an XRP ETF The crypto-focused asset manager filed the exchange-traded fund application in the state of Delaware.
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Metaplanet Adds 107.9 BTC, Holdings Reach 506.7 BTC The Tokyo Stock Exchange listed Metaplanet Inc. has purchased an additional 107.913 bitcoins (BTC) worth $69.42 million (one billion yen). This brings the company’s total bitcoin holdings to 506.745 BTC, acquired at an...
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Diddy Hires Sam Bankman-Fried's (New) Lawyer

Coin Desk - 1 Oct 2024 20:51
Diddy Hires Sam Bankman-Fried's (New) Lawyer Sean "Diddy" Combs has hired Sam Bankman-Fried's lawyer, Alexandra Shapiro, to appeal a New York judge's decision to keep him locked up while he awaits trial for racketeering and sex trafficking charges.
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EIGEN Token Enters the Crypto Scene, Sees Early Gains and 12% Price Drop On Monday, eigenlayer (EIGEN) made its debut on major exchanges, hitting a peak of $4.47 per token. However, by 1:30 p.m. EDT on Oct. 1, the price had dipped 12%, settling at $3.90 per coin. By 2 p.m. it was exchanging h...
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September Slump: Bitcoin Miners See 2024's Lowest Revenue According to the latest data, bitcoin miners pulled in $815.7 million from rewards and fees in September, marking their lowest earnings month of 2024, with $35.66 million less than August’s haul. Bitcoin Miners Earn $8...
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Hashdex files amended S-1 for Nasdaq Crypto Index US ETF The filing signals progress towards a possible spot cryptocurrency index ETF listing in the US.
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Bitcoin Stumbles as 'Uptober' Kicks Off With a Slump Bitcoin stumbled on Tuesday, casting a shadow over the much-anticipated ‘Uptober.’ Around 11 a.m. EDT, prices dipped to an intraday low of $61,801 on Bitstamp. Bitcoin Sinks, $289 Million in Longs Liquidated Across C...
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Robinhood Introduces Crypto Transfers in Europe as It Doubles Down on Expansion Robinhood customers in the European Union can now transfer more than 20 cryptocurrencies, including include bitcoin, ether, solana and USD coin, in and out of the trading app.
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After Initial Surge, MOODENG Falls 45.6%; Hamster Kombat Drops 51% From Peak According to the latest market updates, two fresh-faced crypto assets, moo deng (MOODENG) and hamster kombat (HMSTR), have faced some dips over the past 24 hours. While HMSTR had a rocky launch, MOODENG initially skyrock...
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EigenLayer's EIGEN cracks top 100 market rank in trading debut EigenLayer's native token unlocked at 5:00 am UTC on Oct. 1 and has been trading at just under $4 per token, or around a $6.5-billion fully diluted value.
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Crypto Winter-Era Seed Startups Mostly Persist Despite Tumult and Crisis But fundraising difficulties and product-market-fit issues may imperil their future, according to a report from Lattice VC.
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Is This the Best Meme Coin to Buy? Newly Launched Flockerz Off to Strong Start in Presale Meme coin traders are getting hyped as Flockerz (FLOCK) enters the scene. This Vote-to-Earn project is gaining momentum fast – already pulling in over $330,000 in presale. Flockerz Focuses on Community with Unique DAO ...
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