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Cryptocurrency News

Location American Cryptocurrency News for 21 October 2024
UBS Predicts 'No Landing' for US Economy -- What It Means for Markets and Inflation Global investment bank UBS is forecasting a “no landing” scenario for the U.S. economy, where growth continues and inflation remains stable, defying predictions of recession. With stronger-than-expected jobs data and...
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Russia Vows to Launch Domestic Payment System to Render Western Sanctions Obsolete Russia is determined to create a domestic payment system to conduct trade and international transactions free from current disruptions. Mikhail Mishustin, Prime Minister of Russia, stated that this will be a joint effort...
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BTC Hits $69K Amid Big Market Moves: Here's How Markets Are Moving On Sunday, bitcoin (BTC) climbed past $69,000, hitting an intraday peak of $69,363 per coin. Over the past week, BTC gained 9.3%, expanded 63% since the start of the year, and increased by 132% over the last 12 months. T...
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Bitcoin falls under $67K as stocks sell-off, but BTC derivatives are stable Bitcoin price saw a sharp sell-off today, but the BTC futures market is showing zero signs of fear.
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Why Is Silver Soaring? A Financial Perspective Involving America's Breaking Point Porter Stansberry, financial editor and founder of Marketwise, believes that the rise of silver, which is experiencing a bull market, has deeper causes than just the increase in tech-related demand. He links the increase...
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Bitcoin Miner Ionic Digital Renews IPO Push, Reports Significant BTC Holdings Ionic Digital has revived its plans for an initial public offering (IPO) following the appointment of BDO USA as its new auditor. The company, which is primarily involved in bitcoin (BTC) mining, also revealed that it ho...
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'Quantile model' analyst predicts $135K-$285K Bitcoin price in 2025 A unique Bitcoin price model charts a potential $285,000 top for BTC in 2025.
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Chainalysis hit with $650M lawsuit, Italy to hike Bitcoin tax: Law Decoded Chainalysis faces a $650 million defamation lawsuit, the EU's ESMA pushes for MiCA amendments, Cyprus and Ireland scramble to align with regulations, and Italy plans to hike tax on Bitcoin.
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Chainlink Partners With Major Financial Players to Improve Corporate Actions Data Reporting Using AI and Blockchain Automating and standardizing corporate actions data could help significantly reduce operational inefficiencies that currently cost businesses millions of dollars every year due to errors and manual data processing, the r...
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Crypto ETFs Look Unlikely to Expand Beyond Bitcoin, Ether Under Kamala Harris, Experts Say More crypto ETFs might not ever be approved if Kamala Harris wins the presidential election.
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Northern Data wants to sell Peak Mining to invest in AI expansion The Tether-backed company is talking to interested parties, it said. It may also see an IPO on the Nasdaq next year.
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Over 700 Exahash--Bitcoin's Hashrate Shatters All-Time Records Bitcoin's network hashrate has hit a groundbreaking peak of 725.88 exahash per second (EH/s) for the very first time in its history. Imagine this: 725 quintillion hashes are being crunched every second to secure the netw...
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No, Polymarket Whales Aren't Evidence of Prediction Market Manipulation If you think the Trump bulls are wrong, bet against them.
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U.S. Election Betting: Kalshi's Polymarket Rival Quickly Gets Traction In just three weeks, Kalshi's presidential prediction market has passed $30M in volume. It still trails Polymarket's $2 billion.
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Gold Surges to Record High Amid Safe-Haven Demand

Bitcoin.com - 21 Oct 2024 18:39
Gold Surges to Record High Amid Safe-Haven Demand Gold prices surged to a new record high of $2,729.30 per ounce on October 21, bringing their gains for 2024 to over 30%. The commodity’s latest increase is attributed to increased safe-haven demand amid escalating tens...
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9 AI Chatbots Forecast Bitcoin's Price Under Trump vs. Harris--Here's What They See On Oct. 20, 2024, bitcoin’s price broke past the $69,000 mark, leaving many in the market eager to see what’s next. With the 2024 U.S. elections approaching, bitcoin (BTC) prices could swing unpredictably, given the ...
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Bitcoin drops 3% as US sellers spark sub-$65K BTC price targets Bitcoin offers buyers a "flash sale" with a dip below $67,000, but traders warn that the BTC price retracement may not be done yet.
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Pepe Unchained ICO Blasts Past $21M as Analysts Predict Major Breakout Pepe Unchained (PEPU), the latest meme coin sensation, has smashed through the $21 million mark in its ICO. Now, with a well-known analyst claiming PEPU is “ready to rocket,” excitement is building in the crypto comm...
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Crypto On-Ramp Service Transak Targeted in Data Breach Transak, which is used by platforms like Metamask, Binance and Trust Wallet, says the leak was limited to "names" and "basic identity information." A ransomware group says it has obtained more sensitive user data as well...
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Triple-Digit Gains Propel GOAT and APE to the Top This Week, But Not All Coins Thrived While bitcoin is up 4.6% this past week and ethereum gained 5.2% over the seven day run, a large number of crypto assets saw double-digit weekly gains and some managed to capture triple-digit rises. The leaders of the pa...
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A New Fed Working Paper Aims to Rein in Bitcoin With Taxes or Prohibition--Here's Why It's Flawed In a working paper, Amol Amol and Erzo G.J. Luttmer from the Federal Reserve Bank of Minneapolis argue that prohibiting bitcoin or imposing specific taxes could help governments implement permanent primary deficits effec...
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Stripe in $1.1B Acquisition Deal for Stablecoin Platform Bridge: Report Bridge, which has raised $54 million in funding, previously said it aspired to become the blockchain version of Stripe, operating a global system in which other developers could integrate.
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