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Cryptocurrency News

Location American Cryptocurrency News for 19 October 2024
Digital Ruble and Sanctions: Expert Analyzes Russia's Digital Currency Plan to Evade Western Control A Fellow at the Carnegie Russia Eurasia Center and former adviser at the Central Bank of Russia has weighed in on the digital ruble, Russia’s central bank digital currency (CBDC), highlighting its potential role in res...
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Blackrock Targets $3 Trillion Crypto Derivatives Market, Quietly Pushing Game-Changing Token Blackrock, the world’s largest asset manager, is reportedly seeking to disrupt the $3 trillion crypto derivatives market by pushing to have its BUIDL token accepted as collateral. Discussions are ongoing with major exc...
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$230M Bitcoin Heist Takes Dark Turn -- $100M Still Missing, FBI Probes Kidnapping Link Two young men pulled off a $230 million bitcoin heist in one of the largest crypto thefts from a private individual in U.S. history. But after indulging in luxury cars and a $2 million watch, the story took a sinister tw...
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Powell's Legacy, the Ethics of 'Doxing', and Uptober or Rektober This editorial is from last week's edition of the newsletter Week in Review. Subscribe to the newsletter to get this weekly editorial the second it's finished. The newsletter also includes the biggest stories of the week...
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Why Bitcoin's Fee Spike Is Raising Eyebrows as Prices Hold Steady Above $68K While bitcoin’s price has remained above $68,000, onchain fees tagged along for the ride. Earlier this month, fees were below $1, but two days ago on Oct. 17, the average transfer fee hit a peak of $6.32. Today, onchai...
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ECB paper claims older Bitcoin holders are exploiting new holders Since its introduction in 1999, the euro has lost approximately 85% of its value against gold due to monetary inflation.
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Exploring 7 Different Investment Strategies for Bitcoin: A Guide for Investors Investing in bitcoin (BTC) does not require buying a whole coin. Investors can buy fractions of a bitcoin, making it accessible to a wide range of budgets. This accessibility allows investors to explore a variety of stra...
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Former Sodastream CEO Offers $100K in Bitcoin for the Safe Return of Israeli Hostages In the midst of the ongoing conflict between Israel and Hamas, Israeli Prime Minister Benjamin Netanyahu recently made headlines by offering a form of immunity to Hamas fighters as part of his latest statements concernin...
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The Moral Case for Bitcoin: Decentralized Currency as a Path to Freedom In a world where state-backed currencies fund wars, inflate economies and deplete savings, digital alternatives like bitcoin offer a compelling ethical choice. By removing money from government control, bitcoin presents ...
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Friday's Big Moves: Bitcoin ETFs Dominate With Fresh Inflows - Here's What You Missed Spot bitcoin and ether exchange-traded funds (ETFs) in the U.S. had another winning day, with both categories seeing a steady flow of fresh investments. On Friday, the 12 bitcoin ETFs pulled in a combined $273.71 million...
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Bitcoin Ordinal Sales Surge by 1,816%--And It's Just Part of This Week's NFT Shakeup Amid the broad uptick in crypto asset markets, non-fungible token (NFT) sales saw a 22.38% increase this past week. NFT sales managed to rake in $92.95 million this week and Ethereum and Bitcoin NFT sales led the way. Di...
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GOAT, the AI-Launched Meme Token--Navigating the Regulatory Uncertainty of Autonomous Agents In recent developments, a notable instance occurred involving a tech titan, Marc Andreessen, and an AI bot named Truth Terminal. Andreessen’s decision to grant $50,000 in bitcoin to this semi-autonomous AI agent, to fu...
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Indicted NYC mayor leaves questionable crypto legacy as controversy mounts Before his indictment on criminal charges, NYC Mayor Eric Adams promised to turn the city into a major crypto hub.
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Crypto ATMs Coming to 45 New Locations Across Five US States Cryptocurrency is becoming more accessible across the U.S. with the expansion of digital currency kiosks to 45 new locations in the Southwest and Midwest. Yesway, a fast-growing convenience store chain, is partnering wit...
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Bitcoin teases breakout as 'FOMO liquidity grab' keeps $69K in place Bitcoin bulls have more work to do for a major resistance flip while BTC price strength sees the highest daily close in over four months.
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Can liquid staking tokens depeg due to market volatility? Some top LSTs have previously seen price deviations of up to 77% from Ether's price due to mass sell-offs paired with liquidations on leveraged lending protocols.
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Hong Kong's Fraud Empire Collapses: How Triads, AI, and Fake Love Fuel Massive Crypto Heist Hong Kong police have dismantled a notorious fraud syndicate responsible for defrauding victims of HK$360 million using romance scams tied to fake cryptocurrency platforms. Arresting 27 individuals, some linked to triads...
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Crypto market sentiment not as bullish as 'echo chamber' suggests, trader says A crypto trader argued that it is easy for crypto market participants to be "convinced sentiment is one way or the other," while claiming that the sentiment is not "that bullish currently."
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Fake Coinbase Sites Steal $20M -- How Indian Man Led the Massive Crypto Fraud A cryptocurrency scam targeting Coinbase users has resulted in a significant theft of over $20 million. An Indian national, Chirag Tomar, was sentenced for orchestrating this scheme, where fake websites mimicking Coinbas...
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Binance Expands Mobile Money Across Africa -- 6 More Countries Gain Access Crypto exchange Binance has expanded its reach in West and Central Africa, integrating mobile money payments for cryptocurrency purchases in six countries. This move supports Binance’s goal to boost financial inclusion...
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XRP may face volatility as market waits for 'concrete results' -- Analyst A crypto analyst opined that XRP's price "is likely to fluctuate between $0.50 and $0.80" for the rest of 2024 with strong emphasis on regulatory developments.
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Inside GOAT's Wild Market Ride: What's Driving This AI-Meme Coin Craze? The artificial intelligence (AI)-driven meme coin goatseus maximus (GOAT), launched on pump.fun, has reached a market valuation of $418 million after gaining more than 36% against the U.S. dollar by 7 p.m. Eastern Time o...
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