Cryptocurrency news

• XRP’s 60% Weekly Gain Defies Broader Crypto Slump as Bitcoin Stalls Below $30K

  18-07-2023 23:48
  
  Crypto index funds potentially adding XRP to their holdings could mean additional buying pressure for the token, a FalconX analyst said.
  
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• Nevada court approves regulator's petition to place Prime Trust into receivership, pending hearing

  18-07-2023 23:42 via cointelegraph.com
  
  Prime Trust will have the opportunity to show why a petition from the Nevada Financial Institutions Division should not be permanently granted in an Aug. 22 hearing.
  
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• Prime Trust Put Into Receivership Amid Shortfall in Funds, Charges It Misused Customer Money

  18-07-2023 23:19
  
  Crypto custodian Prime Trust has been ordered by the Eighth Judicial District Court of Nevada, where the company has its headquarters, to be put into receivership after the state ordered the custodian to cease all activities amid a shortfall of customer funds.
  
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• Prime Trust Put Into Receivership Amid Shortfall in Funds, Charges It Used Customer Money to Buy Crypto

  18-07-2023 23:14
  
  Crypto custodian Prime Trust has been ordered by the Eighth Judicial District Court of Nevada, where the company has its headquarters, to be put into receivership after the state ordered the custodian to cease all activities amid a shortfall of customer funds.
  
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• Actor Ben McKenzie says crypto is like a ‘Ponzi scheme’

  18-07-2023 23:09 via coinjournal.net
  
  McKenzie says cryptocurrencies resemble an MLM scheme.
  He calls for the need to better regulate and license this market.
  Bitcoin is currently up a whopping 80% versus the start of 2023.An 80% year-to-date rally in Bitcoin is not enough to substantiate the legitimacy of cryptocurrencies for actor Ben McKenzie.
  McKenzie dubs crypto an MLM scheme
  McKenzie does not see cryptocurrencies as financial assets per se.
  He views them more as a “story” that can be pushed out of existence if peo
  
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• CEO Of Cryptocurrency And Forex Trading Platform Sentenced To ... - Department of Justice

  18-07-2023 23:08
  
  CEO Of Cryptocurrency And Forex Trading Platform Sentenced To ...  Department of Justice
  
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• What are cryptocurrency wallets? - Yahoo Finance

  18-07-2023 23:01
  
  What are cryptocurrency wallets?  Yahoo Finance
  
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• Ripple Dives Deeper Into Metaverse With $54 Million Investment In Futureverse

  18-07-2023 23:00 via newsbtc.com
  
  Futureverse, a metaverse infrastructure and content company, has received a $54 million investment round from Ripple and other investors to create an open, scalable, and interoperable infrastructure within the metaverse industry. 
  The company plans to roll up 11 metaverse infrastructure and content companies into a collaborative ecosystem, providing essential components for constructing any metaverse application. It also aims to become a leader in an entirely new frontier of Artificial Inte
  
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• Shinhan Bank, SCB TechX pilot cross-border stablecoin payments on the Hedera

  18-07-2023 22:45 via coinjournal.net
  
  Shinhan Bank and Siam Commercial Bank’s SCB TechX recorded real-time, low-cost remittances.
  The pilot on the Hedera network involved cross-border stablecoin payments using South Korean won (KRW), the Thai Baht (THB), and the New Taiwan dollar (NTD).Shinhan Bank and Siam Commercial Bank’s SCB TechX have reportedly completed a proof-of-concept (PoC) pilot for stablecoin remittances on the Hedera network.
  This was the second PoC test on Hedera’s distributed ledger network after t
  
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• If DeFi Wants To Grow, it Has To Embrace Real-World Assets

  18-07-2023 22:28
  
  To scale, DeFi platforms need to attract institutions keen to trade tokenized bonds, equities, and debt, and physical assets such as gold, real estate and art, says Enrico Rubboli of Mintlayer.
  
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• The European Commission’s Web4 strategy might be a flop

  18-07-2023 22:10 via cointelegraph.com
  
  There’s a lot of work left to be done on Web 3.0. The European Commission is getting ahead of itself by trying to move to what it calls “Web 4.0.”
  
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• The European Commission’s Web4 strategy is a flop

  18-07-2023 22:10 via cointelegraph.com
  
  There’s a lot of work left to be done on Web 3.0. The European Commission is getting ahead of itself by trying to move to what it calls “Web 4.0.”
  
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• The EU Commission’s strategy on Web4 is a flop

  18-07-2023 22:10 via cointelegraph.com
  
  There’s a lot of work left to be done on Web 3.0. The European Commission is getting ahead of itself by trying to move to what it calls “Web 4.0.”
  
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• Crypto survey finds 47% of investors expect Ethereum to ‘surpass’ Bitcoin

  18-07-2023 22:07 via cointelegraph.com
  
  Fidelity Digital Assets gave a bullish forecast for ETH in the next 12 months, while a separate survey from CryptoVantage found 47% of investors expect Ether to “surpass” Bitcoin.
  
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• Crypto survey finds 47% of investors expect Ether to ‘surpass’ Bitcoin

  18-07-2023 22:07 via cointelegraph.com
  
  Fidelity Digital Assets gave a bullish forecast for ETH in the next 12 months, while a separate survey from CryptoVantage found 47% of investors expect Ether to “surpass” Bitcoin.
  
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• United States SEC officially accepts Valkyrie Spot Bitcoin ETF application

  18-07-2023 22:02 via coinjournal.net
  
  The US SEC has been receiving Bitcoin ETF resubmissions after it rejected previous applications for inadequacy.
  Valkyrie Bitcoin Fund was the last company to submit a Bitcoin ETF application to the SEC.
  The SEC has accepted several other BTC ETFs after the respective companies amended and resubmitted.The US Securities and Exchange Commission (SEC) has officially accepted the Valkyrie Spot Bitcoin ETF application, marking a momentous step towards embracing BTC ETFs.
  Besides marking a turning poi
  
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• Thodex CEO Sentenced To Prison For Tax Evasion

  18-07-2023 22:00 via newsbtc.com
  
  Farouk Fatih Özer, the former CEO of the now-defunct crypto exchange Thodex, has been sentenced to seven months in jail. The executive was convicted for failing to submit the required documents to Turkey’s tax board.Thodex, which was once a prominent crypto exchange in Turkey, experienced an abrupt closure, leading its CEO, Farouk Fatih Özer, to flee to Albania.
  However, after an Interpol Red Notice was issued, Özer was deported back to Turkey to be held accountable for the
  
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• Centralized exchanges will become gateways for DeFi — dYdX Foundation CEO Charles d’Haussy

  18-07-2023 21:59 via cointelegraph.com
  
  CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dYdX.
  
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• Centralized exchanges will become gateways for DeFi — dYdX Foundation CEO

  18-07-2023 21:59 via cointelegraph.com
  
  CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dYdX.
  
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• Centralized exchanges will become gateways for DeFi: dXdY Foundation CEO Charles d’Haussy

  18-07-2023 21:59 via cointelegraph.com
  
  CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dXdY.
  
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• What is a token maker, and how does it work?

  18-07-2023 21:45 via cointelegraph.com
  
  A token maker provides the necessary infrastructure and functionalities for individuals or organizations to design, issue and manage their own tokens.
  
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• Cryptocurrency Toncoin Rises More Than 5% In 24 hours - Benzinga

  18-07-2023 21:00
  Cryptocurrency Toncoin Rises More Than 5% In 24 hours  Benzinga
  
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• US lawmaker calls on SEC chair to reassess stance on crypto following Ripple ruling

  18-07-2023 20:47 via cointelegraph.com
  
  Representative Ritchie Torres shares a surname with Judge Analisa Torres in the SEC v. Ripple case and referred to the XRP court ruling as the 'Torres Doctrine'.
  
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• South Korean Shinhan Bank completes stablecoin remittance pilot with Asian partners

  18-07-2023 20:26 via cointelegraph.com
  
  The bank used the Hedera network to settle payments in South Korean, Thai and Taiwanese currencies in real-time in its second stablecoin pilot project.
  
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• Mantle’s MNT Token Outpaces Rival Layer 2 Blockchains Over Past 24 Hours

  18-07-2023 20:13
  
  After launching its mainnet on Monday, Mantle’s utility and governance token has jumped roughly 4%, more than the native tokens of Arbitrum and Optimism over the past day.
  
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• Bitcoin rally will lead to "speculative blow-off top” in 2024, Mark Yusko predicts

  18-07-2023 20:01 via cointelegraph.com
  
  BlackRock's application for a spot Bitcoin ETF has kicked off the next Bitcoin bull run, which will culminate in 2024 with a speculative parabolic run, according to Morgan Creek Capital’s Mark Yusko.
  
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• Bitcoin rally will lead to "speculative blow-off top" in 2024, Mark Yusko predicts.

  18-07-2023 20:01 via cointelegraph.com
  
  BlackRock's application for a spot Bitcoin ETF have kicked off the next Bitcoin bull run which will culminate in 2024 with a speculative parabolic run, according to Morgan Creek Capital CIO, Mark Yusko.
  
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• Coinbase CEO will meet with US lawmakers to discuss crypto legislation: Report

  18-07-2023 20:00 via cointelegraph.com
  
  The crypto exchange is currently involved in a legal battle with the U.S. Securities and Exchange Commission over allegedly offering unregistered securities.
  
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• ARK Invest CEO Says Firm Is Still Bullish On Coinbase Despite Selling COIN Stocks

  18-07-2023 20:00 via newsbtc.com
  
  Cathie Wood, the CEO of ARK Investment Management, has reaffirmed her bullish stance on Coinbase, one of the leading cryptocurrency exchanges, despite ARK’s recent sale of COIN stocks. Wood’s optimism comes in the wake of Ripple’s partial victory over the Securities and Exchange Commission (SEC) on July 13.
  This ruling, while not entirely in favor of Ripple, has been viewed as a positive development for the broader crypto industry, particularly for crypto exchanges. Moreover, W
  
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• Ripple invests in $54M round for AI-metaverse firm Futureverse

  18-07-2023 19:34 via coinjournal.net
  
  Ripple invested in the $54 million series A round for Futureverse. 
  10T Holdings led the funding round, which Futureverse says will go into scaling AI and metaverse technologies.
  Ripple has integrated Futureverse blockchain The Root Network and will see use of XRP as gas token.Futureverse, a company leveraging artificial intelligence (AI) and metaverse technology to advance growth in the gaming industry, has closed a $54 million series A funding round.
  The round was led by 10T Holdings, a
  
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• Deadlines for U.S. Spot Bitcoin ETF Approvals Come Into Sight

  18-07-2023 19:05
  
  The clock for the SEC approval process of spot bitcoin exchange-traded fund (ETF) applications will begin Wednesday after all eight applicants, including BlackRock, were listed in the Federal Register.
  
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• Litecoin Whales Deposit Big To Exchanges, Bearish Sign?

  18-07-2023 18:30 via newsbtc.com
  
  Data shows that Litecoin whales have deposited a large amount of the asset to exchanges during the past day, a sign that may be bearish for LTC.
  Litecoin Whales Have Made Significant Exchange Inflows In 24 Hours
  According to data from the cryptocurrency transaction tracker service Whale Alert, several large transfers have taken place on the LTC blockchain during the past day.
  In total, there have been four such transactions, with the largest of them involving the movement of 500,000 LTC (around
  
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• Crypto VC Firm Polychain Capital Raises $200M for Fourth Fund: Fortune

  18-07-2023 18:13
  
  he crypto-focused firm has also cut three members of its research and development staff.
  
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• U.S. Secret Service Seizes Funds From Bahamian Bank Deltec Amid Fraud Investigation

  18-07-2023 18:08
  
  Tktktktktk
  
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• 1inch price outlook as bulls give up XRP-fueled gains

  18-07-2023 17:47 via coinjournal.net
  
  1inch price is down 16% at the time of writing after paring all 24-hour gains from above $0.59.
  The 1INCH token saw massive 24-hour trading volume on Korean exchange Upbit.
  On the technical side, 1INCH is poised above a key support area around $0.34.The price of 1inch token (1INCH) pumped in early trading hours Monday, reaching highs of $0.59. However, just as quickly as it rose from lows of $0.39, the 1INCH price pared the gains and traded to $0.36.
  According to data from CoinGecko, 1inch is d
  
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• Unpacking the Latest Lummis-Gillibrand Bill Draft

  18-07-2023 17:45
  
  U.S. Senators Cynthia Lummis and Kirsten Gillibrand have developed a second draft of their comprehensive crypto regulation bill. Chances are slim that it will, as a single bill, advance to becoming a law, but it may still drive a broader conversation within Congress on what sort of provisions smaller pieces of legislation should include.
  
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• U.S. Spot Bitcoin ETF Approval Clock to Start Wednesday as 8 Applicants Named on Federal Register

  18-07-2023 17:37
  
  The clock for the SEC approval process of spot bitcoin exchange-traded fund (ETF) applications will begin Wednesday after all eight applicants, including BlackRock, were listed in the Federal Register.
  
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• XRP Overtakes Bitcoin In Highest Weekly Trading Volume Following Legal Triumph

  18-07-2023 17:30 via newsbtc.com
  
  XRP, the native token of the Ripple network, has reportedly surpassed Bitcoin in trading volume on the weekly average. The digital asset, following a significant legal win last week, now claims 21% of all cryptocurrency trade volume over the last week. This achievement is just one of many in Ripple’s recent journey in the spotlight.
  Ripple’s presence in the news lately owes to a landmark court decision in its favor. The United States Securities and Exchange Commission (SEC) had initi
  
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• Messaging Platform Telegram Has Issued $270M in Bonds to Fund Growth

  18-07-2023 17:23
  
  "I personally bought about a quarter of the new Telegram bonds," said Pavel Durov, the CEO of the popular but not-yet-profitable platform.
  
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• Ripple Court Ruling Unlikely to Impact Celsius Wind-Up, Crypto Lender’s Counsel Says

  18-07-2023 17:21
  
  Crypto securities ruling could impact pricing of CEL token but won’t affect restructuring plans, the counsel said.
  
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• Brazil's central bank prepares public consultation on cryptocurrency ... - Reuters

  18-07-2023 17:08
  
  Brazil's central bank prepares public consultation on cryptocurrency ...  Reuters
  
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• G20 Nations Welcome FSB's Tougher Crypto Rules, Says Presidency Holder India

  18-07-2023 17:05
  
  The Group of Twenty (G20) has welcomed the high-level recommendations of the Financial Stability Board (FSB) on crypto asset activities and global stablecoin arrangements.
  
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• Cryptocurrency Chainlink Rises More Than 4% In 24 hours - Benzinga

  18-07-2023 17:00
  Cryptocurrency Chainlink Rises More Than 4% In 24 hours  Benzinga
  
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• 12 things blockchain protocols should consider when exploring AI 

  18-07-2023 17:00 via cointelegraph.com
  
  Blockchain protocols can’t (and shouldn’t) ignore AI’s potential, but it’s important to implement it with caution and care.
  
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• Bitcoin bulls battle to reclaim $30K amid BTC price RSI 'reset'

  18-07-2023 16:49 via cointelegraph.com
  
  Bitcoin returns to a tug-of-war over the $30,000 mark, with BTC price action costing RSI weeks of upside.
  
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• Wallet: Telegram Allows Merchants To Accept Cryptocurrency ... - Telemedia Online

  18-07-2023 16:39
  
  Wallet: Telegram Allows Merchants To Accept Cryptocurrency ...  Telemedia Online
  
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• LEND Finance announces integration with LayerZero

  18-07-2023 16:32 via coinjournal.net
  
  Users can leverage LayerZero’s Ultra Light Nodes (ULNs) to lend assets across any blockchain.
  The integration also means borrowing and lending on LEND Finance is easy and cost-effective, all with single click capability.
  LEND Finance says it settled on LayerZero after Multichain shuttered its operations.Cross-chain lending protocol LEND Finance has announced an exclusive integration with omnichain interoperability platform LayerZero.
  The LayerZero team said in a blog post that the decisio
  
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• Bitcoin’s Realized Cap Nears $400 Billion Despite Price Struggle At $30,000

  18-07-2023 16:30 via newsbtc.com
  
  Despite Bitcoin’s current struggle to surpass the $30,000 mark, data analytics firm Glassnode earlier today reported that the asset’s realized capitalization has since been on an upward trajectory, nearing the $400 billion mark.
  Bitcoin Realized Cap Nears $400 Billion
  According to Data analytics firm Glassnode, Bitcoin’s Realized Cap is now inching closer to $400 billion, showing that new capital is continuously entering the market despite the year’s ups and downs.&n
  
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• New Cryptocurrency BTC20 Launches Token Presale - The ERC-20 ... - BeInCrypto

  18-07-2023 16:19
  
  New Cryptocurrency BTC20 Launches Token Presale - The ERC-20 ...  BeInCrypto
  
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• Chancer presale nets more investors with the addition of ETH and USDT buying options

  18-07-2023 16:13 via coinjournal.net
  
  Chancer is revolutionizing the betting industry by leveraging the power of blockchain technology.
  Chancer presale now allows investors to use ETH, USDT, BUSD, and BNB.
  Currently, CHANCER is selling for $0.01.Stage one of the Chancer presale has hit $823,011 days after it added Ethereum (ETH) and Tether (USDT) buying options to complement the current BNB and BUSD options. The addition of the two crypto options makes the project appeal to millions more blockchain aficionados and is likely to acce
  
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