Cryptocurrency news

• Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin

  04-07-2023 23:14 via cointelegraph.com
  
  “Issuing a stablecoin pegged to the HK dollar not only helps to solidify HK’s leadership in the blockchain sector but also propels the progress of the digital HK dollar," said the report.
  
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• Bitcoin Bulls Stampede: Bitfinex Report Points To Early Signs Of Bull Market

  04-07-2023 23:00 via newsbtc.com
  
  Bitfinex, one of the world’s leading cryptocurrency exchanges, has released a report indicating that Bitcoin (BTC) has been sold in profit since its initial break above $30,000, suggesting early signs of a bull market. 
  The report highlights two key on-chain metrics, the Spent Output Profit Ratio (SOPR) and Net Unrealised Profit and Loss (NUPL), which suggest that Bitcoin has entered the early stages of a bull market.
  Bitcoin Sold In Profit
  The report notes that BTC’s price brok
  
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• UK government moves forward on bill aimed at empowering authorities to seize crypto

  04-07-2023 22:00 via cointelegraph.com
  
  Following a third reading in the House of Lords, the Economic Crime and Corporate Transparency Bill will return to lawmakers to consider changes before being signed into law.
  
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• Ethereum Whale Transactions Jump Over 50% As ETH Eyes $2,000

  04-07-2023 22:00 via newsbtc.com
  
  Ethereum whales have been ramping up their activities on the blockchain as it eyes an important level. This time around, their recent spike in activity has been in the form of transactions. These whale transactions which are carrying at least $100,000, making it so only large holders could be behind the transactions, have been on the rise.
  Mostly, the Ethereum whales ramped up their activities following ETH’s price increase over the last week. The first spike was noticed after the crypto b
  
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• Lido, Rocket Pool team members argue over decentralization

  04-07-2023 21:19 via cointelegraph.com
  
  A Lido team member claimed Rocket Pool is not really governed by its DAO, but Rocket Pool community members pushed back, claiming the protocol is becoming more decentralized.
  
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• Federal Reserve Certifies 57 Organizations For Instant Payments System ‘FedNow’

  04-07-2023 21:00 via newsbtc.com
  
  The United States Federal Reserve has made a significant announcement regarding the certification of 57 organizations, including financial institutions and service providers, for the highly anticipated launch of the FedNow Service. 
  With major players in the banking industry, such as JPMorgan Chase, Bank of New York Mellon, US Bancorp, and Wells Fargo, among the certified entities named by the Fed, the stage is set for a transformative shift in the financial landscape.
  Testing And Certifica
  
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• Cryptocurrency Uniswap Falls More Than 3% In 24 hours - Benzinga

  04-07-2023 21:00 via news.google.com
  Cryptocurrency Uniswap Falls More Than 3% In 24 hours  Benzinga
  
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• Cryptocurrency Filecoin Falls More Than 5% In 24 hours - Benzinga

  04-07-2023 21:00 via news.google.com
  Cryptocurrency Filecoin Falls More Than 5% In 24 hours  Benzinga
  
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• TRX Bulls Charge Ahead As Tron Network Prepares For Major Upgrade

  04-07-2023 20:00 via newsbtc.com
  
  The Tron (TRX) Network is set to undergo a major upgrade on July 11th, and TRX and other key metrics have seen a steady uptrend as the upgrade approaches. The upcoming Periander upgrade brings significant enhancements to the Tron Network, while TRX experiences a surge in on-chain metrics.
  Tron Network’s latest update, Great Voyage—v4.7.2 (Periander), introduces four critical upgrades aimed at enhancing the functionality and usability of the network. These upgrades include an advanced
  
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• Cryptocurrency in China: Central Bank Shake-Up Dims Hopes for ... - Cryptonews

  04-07-2023 20:00 via news.google.com
  
  Cryptocurrency in China: Central Bank Shake-Up Dims Hopes for ...  Cryptonews
  
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• Researchers demonstrate ‘unconditionally secure’ quantum digital payments

  04-07-2023 19:04 via cointelegraph.com
  
  The research represents a possible breakthrough in quantum communications and, potentially, the onset of the era of quantum fintech.
  
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• 75% Of Bitcoin Supply Now In Profit, Will A Drop Happen Here?

  04-07-2023 19:00 via newsbtc.com
  
  On-chain data shows 75% of the entire Bitcoin circulating supply is now in profit, something that could lead to a drop for the asset.
  Bitcoin Supply In Profit Has Registered An Uptick Recently
  As pointed out by an analyst in a CryptoQuant post, there may be a risk that the investors would participate in profit-taking here. The “supply in profit” is an indicator that, as its name already implies, measures the total amount of the circulating Bitcoin supply that’s currently holdin
  
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• UK Lords Pass Bill to Help Seize and Freeze Crypto Used for Crime

  04-07-2023 18:58
  
  The bill, introduced in September, now enters its final stages in Parliament.
  
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• The total cryptocurrency market capitalization grew by more than 50 ... - CoinJournal

  04-07-2023 18:46 via news.google.com
  
  The total cryptocurrency market capitalization grew by more than 50 ...  CoinJournal
  
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• Bitcoin ETFs: Even worse for crypto than central exchanges

  04-07-2023 18:06 via cointelegraph.com
  
  Want some worthless "paper" Bitcoin? With the rise of Bitcoin ETFs, you might soon have the chance to invest in something as worthless as the U.S. dollar.
  
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• Bitcoin Could Soar To $140,000 In Next Bull Cycle, Crypto Analysis Channel

  04-07-2023 18:00 via newsbtc.com
  
  Renowned crypto analysis channel BitBoy Crypto recently presented a bullish forecast for Bitcoin, projecting a potential surge to $140,000. The leading cryptocurrency, currently enjoying a strong position in the market, could be poised for a significant climb, according to AJ, an analyst from BitBoy Crypto.
  This forecast comes at a time when Bitcoin continues to captivate institutional investors and attract large funds interested in capitalizing on its sustained growth.
  Bold Bitcoin Prediction A
  
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• Hamilton Police Service says someone 'spoofed' its media email - CBC.ca

  04-07-2023 17:28 via news.google.com
  
  Hamilton Police Service says someone 'spoofed' its media email  CBC.ca
  
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• 2 Hamilton teens charged after $4.2M in cryptocurrency stolen from U.S. man, police say - CBC.ca

  04-07-2023 17:28 via news.google.com
  
  2 Hamilton teens charged after $4.2M in cryptocurrency stolen from U.S. man, police say  CBC.ca
  
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• UK financial watchdog reminds crypto firms of October deadline for marketing compliance

  04-07-2023 17:26 via cointelegraph.com
  
  Companies operating in the U.K. will have only “four routes to lawfully communicate cryptoasset promotions” in order to be in compliance with the FCA's regime.
  
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• Bitcoin, Ether Supply on Exchanges Fell in June: Goldman Sachs

  04-07-2023 17:19
  
  Still, bitcoin miners’ inventory sales climbed to a record as they took advantage of the cryptocurrency’s strong performance, the report said.
  
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• Bitcoin futures premium hits 18-month high — Time to flip bullish?

  04-07-2023 17:17 via cointelegraph.com
  
  The Bitcoin futures' premium surge is having traders ask whether this is excitement or a return to the average after a multi-month bear market.
  
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• 5 talent marketplaces to hire developers

  04-07-2023 17:07 via cointelegraph.com
  
  Discover the top talent marketplaces for hiring skilled developers for your projects.
  
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• Maker (MKR) Outperforms Top Coins With 12% Increase A Day, Will It Test $1100?

  04-07-2023 17:00 via newsbtc.com
  
  The past few days have favored altcoins with incredible gains. Among the soaring coins is MakerDAO’s governance token Maker (MKR). MKR witnessed impressive price performance in the last seven days, outpacing top cryptocurrencies with over a 48% price increase on the weekly top gainers’ chart.
  CoinMarketCap data shows that Maker (MKR) price recorded a significant gain of 46.78% among top gainers over the past 30 days. As of the time of writing, the token has recorded a 24-hour price i
  
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• Cryptocurrency LEO Token's Price Increased More Than 6% Within 24 hours - Benzinga

  04-07-2023 17:00 via news.google.com
  Cryptocurrency LEO Token's Price Increased More Than 6% Within 24 hours  Benzinga
  
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• Introduction to ANKR cryptocurrency - London Post

  04-07-2023 16:38 via news.google.com
  
  Introduction to ANKR cryptocurrency  London Post
  
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• Understanding Stellar Cryptocurrency - London Post

  04-07-2023 16:30 via news.google.com
  
  Understanding Stellar Cryptocurrency  London Post
  
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• Google updates its privacy policy to allow data scraping for AI training

  04-07-2023 16:03 via cointelegraph.com
  
  The latest updates to Google’s privacy policy reveal that Google may use any public information available to train its various AI products and services.
  
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• XRP, Cardano Among Altcoins To Keep An Eye On: Santiment

  04-07-2023 16:00 via newsbtc.com
  
  Data from Santiment shows XRP and Cardano, among other altcoins, may be the ones worth keeping an eye on in the coming days.
  Social Dominance Of Altcoins Like XRP & Cardano Has Remained Low Recently
  According to data from the analytics firm Santiment, Bitcoin is seeing the greatest attention in the market right now, while some of the alts aren’t being talked about that much. The indicator of interest here is “social dominance,” to understand which the “social volume&r
  
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• Zero Barriers podcast series: Crypto adoption fueled by ZK-rollups

  04-07-2023 15:11 via cointelegraph.com
  
  The podcast series is produced in collaboration with Starkware and explores the future of ZK-rollups as an Ethereum layer-2 solution.
  
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• Bitcoin ETF race begins: Has institutional trust returned to crypto?

  04-07-2023 15:01 via cointelegraph.com
  
  Seven institutional firms have filed for a spot Bitcoin ETF in the U.S., including the world’s largest asset manager BlackRock, driving optimism and higher Bitcoin prices.
  
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• Solana (SOL) Price Targets 40% Rally Amid Strong Fundamentals

  04-07-2023 15:00 via newsbtc.com
  
  The Solana (SOL) price is currently at a crucial turning point, which will be of decisive importance for the coming weeks. If the SOL bulls manage to leap above the currently most important resistance, a rally of up to 40% could be on the cards. If the bulls lose the upper hand, another plunge of up to 21% could be imminent.
  Crucial Moment For The SOL Price
  An analysis of the 1-day chart using Fibonacci retracements shows that the SOL price is at a pivotal point for the coming weeks. At the time
  
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• Venture capital's ICO gambits left Bitcoin ecosystem underfunded - Adam Back

  04-07-2023 14:58 via cointelegraph.com
  
  Venture capitalists have favoured ICOs in recent years, but Bitcoin-related startups are seeing renewed interest from investors.
  
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• Pepe Coin Becomes the 3rd Most Discussed Cryptocurrency in the ... - Watcher Guru

  04-07-2023 14:40 via news.google.com
  
  Pepe Coin Becomes the 3rd Most Discussed Cryptocurrency in the ...  Watcher Guru
  
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• Bitcoin analyst flags $32.5K launchpad zone for BTC price

  04-07-2023 14:19 via cointelegraph.com
  
  Bitcoin is enjoying "good consolidation," a popular analyst says, as bets on further BTC price upside coming next multiply.
  
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• Evolving Cryptocurrency Regulation in Singapore: Trusts, Transparency and Technological Advancement - Crypto Mode

  04-07-2023 14:03 via news.google.com
  Evolving Cryptocurrency Regulation in Singapore: Trusts, Transparency and Technological Advancement  Crypto Mode
  
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• Coinbase Stock Soars Nearly 12% As BlackRock Reveals Surveillance Partnership

  04-07-2023 14:00 via newsbtc.com
  
  Coinbase, a prominent United States cryptocurrency exchange, has recently witnessed an upswing in its COIN share prices. This surge comes on the heels of the world’s largest asset manager, BlackRock, choosing Coinbase as a surveillance partner for its re-filed Bitcoin ETF application.
  In the limelight of this crypto-mainstream finance crossover, Coinbase’s shares have soared by a nearly 12% over the past day.
  Renewed BlackRock Application Spurs Coinbase Growth
  Nasdaq disclosed on Jul
  
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• Poly Network halts operations as cybercriminal pilfers millions in ... - TEISS

  04-07-2023 13:46 via news.google.com
  
  Poly Network halts operations as cybercriminal pilfers millions in ...  TEISS
  
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• The World of Cryptocurrency: Opportunities and Risks - Bitrates

  04-07-2023 13:36 via news.google.com
  
  The World of Cryptocurrency: Opportunities and Risks  Bitrates
  
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• China to tighten control on exports of AI chip-making materials

  04-07-2023 13:15 via cointelegraph.com
  
  The Chinese government has announced that it plans to control the export of gallium and germanium products that are heavily used to produce semiconductors.
  
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• USDC Circulating Supply Down 38% Since Jan. 1 – Will It Affect Price?

  04-07-2023 12:50 via newsbtc.com
  
  USDC experienced a notable decrease in its circulating supply during the weekend, causing ripples of concern within the cryptocurrency market. According to data from CoinGecko, the stablecoin’s circulating supply dwindled by over 2%, falling from $27.9 billion on June 30 to $27.3 billion in less than 48 hours. 
  This sudden drop has intensified existing worries regarding the stability and long-term viability of stablecoins in the volatile world of cryptocurrencies. Since the beginning
  
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• Creditors for bankrupt Voyager Digital billed $5.1M in legal fees

  04-07-2023 12:41 via cointelegraph.com
  
  Voyager is not the only crypto firm incurring hefty legal fees; FTX, for example, has been billed over $120 million in fees.
  
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• Minati Cryptocurrency Introduces Revolutionary DeFi Token, Empowering Global Investors - The Tribune India

  04-07-2023 12:10 via news.google.com
  Minati Cryptocurrency Introduces Revolutionary DeFi Token, Empowering Global Investors  The Tribune India
  
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• US crypto regulatory uncertainty could be Hong Kong’s gain — Yat Siu

  04-07-2023 12:00 via cointelegraph.com
  
  Animoca Brands founder Yat Siu believes Hong Kong’s efforts to foster the Web3 ecosystem are in stark contrast to regulatory uncertainty hampering development in the United States.
  
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• Why fiat payment gateways should add cryptocurrency - Finextra

  04-07-2023 11:22 via news.google.com
  
  Why fiat payment gateways should add cryptocurrency  Finextra
  
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• Maximizing cryptocurrency in 2023: The best ways to make money ... - Ventures Africa

  04-07-2023 11:15 via news.google.com
  
  Maximizing cryptocurrency in 2023: The best ways to make money ...  Ventures Africa
  
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• FATF Reports Lackluster Global Adoption Of Cryptocurrency AML ... - Mondaq News Alerts

  04-07-2023 11:15 via news.google.com
  
  FATF Reports Lackluster Global Adoption Of Cryptocurrency AML ...  Mondaq News Alerts
  
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• Chinese city of Jinan accepts CBDC payments for bus rides

  04-07-2023 11:15 via cointelegraph.com
  
  The Chinese city of Jinan is making a push for CBDC adoption by implementing digital yuan payments across its entire bus network.
  
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• PEPE Breaches Local Highs With 20% Leap In Surprise Comeback

  04-07-2023 10:50 via newsbtc.com
  
  PEPE has recently made a stunning comeback by surpassing its local highs with a remarkable 20% weekly surge. This unexpected turn of events have provided some relief to investors who thought the frog-themed coin will never be able to get back on its feet again. 
  What has propelled this sudden comeback, and what does it signify for the future of this meme coin?PEPE Maintains Bullish Pace As Open Interest Rises
  PEPE, currently priced at $0.00000185 according to CoinGecko, has recently experie
  
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• Pepecoin Knockoffs Turn Dollars to Fortunes in Strange New ‘2.0’ Play

  04-07-2023 10:40
  
  Offshoots of several meme coins have popped across the board in a trend that’s likely to die out within weeks.
  
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• Bullish On Bitcoin And Crypto: Why A Major Recession Crash Is Not Coming

  04-07-2023 10:05 via newsbtc.com
  
  In the world of financial markets, Bitcoin and crypto, fear and uncertainty often dominate the headlines. Over the past few months, there has been growing speculation about an impending recession and the possibility of a major crash in risk assets. Theses such as Bitcoin will rise to $40,000 and then crash are currently in abundance.
  While the majority of analysts expect a recessionary crash, with the timing being hotly disputed, macro analyst Alex Krueger presents a compelling case for why such
  
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