Cryptocurrency news

• Celsius customers to vote on settlement plan with Fahrenheit after judge gives okay

  14-08-2023 23:57 via cointelegraph.com
  
  The settlement was reached in July and, if the customers agree, it will go before the court for approval in October.
  
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• BALD Deployer Moves Proceeds Of The Rug From Base To Ethereum

  14-08-2023 23:00 via newsbtc.com
  
  In a shocking turn of events, the developer behind the controversial meme coin BALD initiated a series of significant transactions, raising eyebrows within the cryptocurrency community. The events surrounding the deployer’s recent actions have left both the coin’s value and its reputation teetering on the edge.
  BALD Deployers Send Funds To Kraken Exchange
  Blockchain analysis platform Lookonchain has revealed that the deployer of the BALD token has executed audacious moves, bridging a
  
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• Kraken Ventures to raise $100M in second fund with focus on ‘early stage founders’

  14-08-2023 22:45 via cointelegraph.com
  
  The organization will also reserve a “significant portion” of the fund for follow-on investments and long-term entrepreneurial support.
  
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• Superseding indictment against Sam Bankman-Fried includes using $100M for campaign contributions

  14-08-2023 22:35 via cointelegraph.com
  
  Sam Bankman-Fried allegedly used more than $100 million in user funds “in campaign contributions to Democrats and Republicans to seek to influence cryptocurrency regulation.”
  
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• Latest superseding indictment against Sam Bankman-Fried includes campaign finance allegations

  14-08-2023 22:35 via cointelegraph.com
  
  The U.S. Justice Department dropped a campaign finance violations charge on Sam Bankman-Fried's indictment in July, but said it will consider the alleged scheme in other counts.
  
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• Shiba Inu, Bone prices outperform as Shiba Memu token sale thrives

  14-08-2023 22:09 via coinjournal.net
  
  Shiba Inu and Bone Shibaswap have outperformed BTC and ETH.
  They have all jumped by over 68% and 115% from the lowest level in June.
  Shiba Memu has raised almost $2 million from investors.
  Meme coins are doing relatively well, with some outperforming popular cryptocurrencies like Bitcoin and Ethereum. Shiba Inu price has jumped by over 68% from the lowest level in July while Bone Shibaswap has surged by over 115% in the same period. Large-cap coins like BTC and ETH, on the other hand, have
  
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• SBF jailed, FTX partners under attack: Law Decoded

  14-08-2023 22:00 via cointelegraph.com
  
  Sam Bankman-Fried, the former CEO of the failed FTX crypto exchange, will be held in jail through the end of his two upcoming trials.
  
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• Maker Large Holders Accumulate, MKR Rally To Continue?

  14-08-2023 22:00 via newsbtc.com
  
  On-chain data shows large Maker holders have accumulated recently, a sign that the rally could extend soon.
  Maker Large Holders Have Continued To Expand Their Holdings Recently
  According to data from the market intelligence platform IntoTheBlock, inflows to the wallets of the large MKR investors have been taking place for a while now. The “large holders” here refer to those investors who hold at least 0.1% of the cryptocurrency’s circulating supply.
  In Maker’s case, this
  
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• Sam Bankman-Fried will 'return to his depression' without access to medication, say defense lawyers

  14-08-2023 21:47 via cointelegraph.com
  
  According to Sam Bankman-Fried's legal team, he was "only able to bring a small supply” of ADHD medication and antidepressants to jail following the judge revoking his bail.
  
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• Sam Bankman-Fried will ‘return to his depression' without access to medication, say defense lawyers

  14-08-2023 21:47 via cointelegraph.com
  
  According to Sam Bankman-Fried’s legal team, he was “only able to bring a small supply” of ADHD medication and antidepressants to jail following the judge revoking his bail.
  
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• 5 New Cryptocurrency Launches to Watch This Week - Finbold - Finance in Bold

  14-08-2023 21:38 via news.google.com
  
  5 New Cryptocurrency Launches to Watch This Week  Finbold - Finance in Bold
  
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• Zimbabwe central bank close to introducing gold-backed digital tokens into retail

  14-08-2023 21:25 via cointelegraph.com
  
  Physical and digital gold tokens have been a big success as investments and an inflation hedge in Zimbabwe, which continues to face triple-digit inflation.
  
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• Michael Burry’s Massive $1.6 Billion Short: Is A $DXY Collapse The Catalyst For A Crypto Bloodbath?

  14-08-2023 21:25 via newsbtc.com
  
  Michael Burry, renowned investor, and hedge fund manager, has once again made headlines with his significant short position in the traditional market, which could impact the nascent crypto industry if his bet is to materialize.
  Burry, known for accurately predicting the subprime mortgage crisis, recently went mega-short with over $1.6 billion in S&P 500 (SPY) and Nasdaq 100 (QQQ) puts. These indexes often record a high correlation with the crypto market as they attract similar investors.&nbs
  
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• Bitcoin vs. gold: Are market cap and other comparisons actually relevant for investors?

  14-08-2023 21:07 via cointelegraph.com
  
  Bitcoin’s future price surge and mainstream adoption could happen independently of institutional adoption of the digital currency.
  
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• HBAR Token Spikes 16% In One Day, Can Bulls Sustain the Momentum?

  14-08-2023 21:00 via newsbtc.com
  
  HBAR has soared with momentum after the US Federal Reserve adopted the Hedera Hashgraph-based Dropp micropayments platform. According to the announcement, Dropp is now on the list of service providers on Fed’s FedNow instant payment system. 
  Following this news, HBAR’s market sentiment improved, causing a rapid price surge that propelled the token from $ 0.0561 to $0.06544. This represents an over 16% increase in the last 24 hours. However, HBAR price has crossed the overbo
  
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• Price analysis 8/14: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC

  14-08-2023 20:06 via cointelegraph.com
  
  After weeks of low volatility, Bitcoin bulls are trying to make a comeback, but the rise in the U.S. Dollar Index may limit the upside recovery.
  
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• Here’s Why This Former SEC Lawyer Thinks A Spot Bitcoin ETF Isn’t Coming

  14-08-2023 20:00 via newsbtc.com
  
  Recent comments from former SEC Attorney John Reed Stark have further dampened optimism about the regulator approving any of the pending Spot Bitcoin ETF applications.
  Spot Bitcoin ETF Approval Looking More Unlikely
  The United States Securities and Exchange Commission (SEC) has continuously denied applications for a Spot Bitcoin ETF, and Stark has suggested that this trend isn’t going to change anytime soon as the SEC will likely deny all the pending applications due to several “comp
  
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• Bitcoin Frontier Fund launches accelerator program for Ordinals startups

  14-08-2023 20:00 via cointelegraph.com
  
  The program will provide seed money, mentoring and support to approved applicants.
  
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• Coinbase enters the Canadian market with Coinbase One, free 30-day trial

  14-08-2023 19:50 via coinjournal.net
  
  Coinbase is seeking to expand into Canada as it faces tough times at home.
  Coinbase launched an Ethereum layer-2 network last week.
  It is worth noting that a number of crypto exchanges have excited Canada in the recent past citing poor crypto environment.Coinbase cryptocurrency exchange is extending its already solid grasp on the North American market by expanding into Canada.
  Coinbase will also provide Canadian citizens with a free 30-day trial of its recently established subscription service
  
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• HBAR Rallies on FedNow Addition of Hedera-Based Dropp

  14-08-2023 19:49
  
  The token has now rallied nearly 50% over the past two months.
  
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• Neal Stephenson's Metaverse Vision Is One Step Closer as Lamina1 Blockchain Launches Betanet

  14-08-2023 19:37
  
  The metaverse-focused layer 1 blockchain, dreamed up by science-fiction author Neal Stephenson and blockchain expert Peter Vessenes, is launching the Lamina1 Hub for Web3 builders and creators.
  
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• Sustainability in the Spotlight: Are Cryptocurrency Casinos Energy ... - BusinessMole

  14-08-2023 19:34 via news.google.com
  
  Sustainability in the Spotlight: Are Cryptocurrency Casinos Energy ...  BusinessMole
  
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• Machi Big Brother withdraws defamation lawsuit against ZachXBT

  14-08-2023 19:30 via cointelegraph.com
  
  Jeffrey Huang withdrew the lawsuit after ZachXBT edited his article that Huang claimed to be defamatory.
  
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• How to Buy Cryptocurrency Using Revolut - MUO - MakeUseOf

  14-08-2023 19:30 via news.google.com
  
  How to Buy Cryptocurrency Using Revolut  MUO - MakeUseOf
  
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• Bitcoin address with 1,005 BTC suddenly wakes up after nearly 13 years

  14-08-2023 19:12 via coinjournal.net
  
  A Bitcoin address with 1,005 BTC activated 12+ years later, shifts more than $29 million.
  Wallet speculated to be from a miner who mined a lot in 2010.
  Bitcoin price remains largely flat above $29k.According to Whale Alert, the blockchain tracker and analytics system that provides regular updates of large coin transactions, another dormant Bitcoin address has just woken up.
  Bitcoin that has remained dormant for a significant period waking up suddenly when being transferred has often been subjec
  
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• Recently listed Bitcoin Depot reports record revenue for its Q2

  14-08-2023 19:05 via coinjournal.net
  
  Bitcoin Depot reports an 18% annualised growth in its Q2 revenue.
  The Bitcoin ATM operator also updated its full-year guidance today.
  Bitcoin Depot stock is in the green only marginally on Monday.Bitcoin Depot Inc says its revenue jumped 18% to a record $197.5 million in the second quarter. The stock is still only marginally in the green at writing.
  Bitcoin Depot reports a big increase in loss
  Shares of the Bitcoin ATM operator are having a hard time this morning primarily because the Georgia-b
  
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• FBI warns of increasing cryptocurrency recovery scams - BleepingComputer

  14-08-2023 19:02 via news.google.com
  FBI warns of increasing cryptocurrency recovery scams  BleepingComputer
  
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• Shiba Inu, Optimism (OP), Borroe ($ROE): Uncovering the ... - Analytics Insight

  14-08-2023 19:00 via news.google.com
  
  Shiba Inu, Optimism (OP), Borroe ($ROE): Uncovering the ...  Analytics Insight
  
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• Cryptocurrency Preservation, Enforcement Challenges UK Court - The National Law Review

  14-08-2023 19:00 via news.google.com
  Cryptocurrency Preservation, Enforcement Challenges UK Court  The National Law Review
  
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• Base TVL Surges 900% In 2 Weeks, What’s Driving The Growth?

  14-08-2023 19:00 via newsbtc.com
  
  Base, the Ethereum Layer 2 rollup developed by crypto exchange Coinbase, is already making a name for itself in the market. The blockchain’s Total Value Locked (TVL) has been on a rapid rise over the last few weeks, rising triple-digits in just the last two weeks alone. So the question now is, what’s driving the TVL growth?
  Meme Coins, Rugs, And Newcomers
  Unlike other Layer 2 networks, Base seemed to have gotten its big break with the growing trend of meme coins being launched on the
  
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• CoinDesk to lay off part of editorial staff in preparation for sale of stake: Report

  14-08-2023 18:45 via cointelegraph.com
  
  Estimates of staffers facing the axe range from 45% (20 people) to 16%. A company-wide meeting is reportedly scheduled for Aug. 14.
  
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• Asia Pacific Emerges as Global Leader in Blockchain and ... - Hubbis

  14-08-2023 18:45 via news.google.com
  
  Asia Pacific Emerges as Global Leader in Blockchain and ...  Hubbis
  
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• Crypto’s Theater Is Becoming More Surreal

  14-08-2023 18:34
  
  Decentralization theater, governance theater, community theater. Web3 promised a revolution, but, mostly, the innovation is all for show, says Cami Russo, the founder of The Defiant.
  
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• Winds Of Change: Bitcoin Miner Riot Sees Substantial Increase In BTC Holdings

  14-08-2023 18:00 via newsbtc.com
  
  Bitcoin mining has been up by a considerable fraction this year, as the blockchain network recorded a new all-time high in hash rate in the second quarter of the year. Mining revenue is also up, as the bitcoin Bitcoin recorded a spike in transaction volume. 
  As a result, Riot Blockchain, one of the largest publicly traded Bitcoin mining companies in the US, has recorded an increase in operations in the second quarter. According to its 2023 second-quarter financial results, the mining compan
  
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• IRS releases guidance on cryptocurrency staking - Grant Thornton

  14-08-2023 17:47 via news.google.com
  
  IRS releases guidance on cryptocurrency staking  Grant Thornton
  
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• What is PayPal USD, and how does it work?

  14-08-2023 17:44 via cointelegraph.com
  
  PayPal has launched its own stablecoin, dubbed PayPal USD (PYUSD). The coin is only available to American customers.
  
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• Bitcoin teases new volatility as BTC price taps 4-day high near $29.6K

  14-08-2023 17:19 via cointelegraph.com
  
  BTC price movements edge higher as the Wall Street trading week begins, Bitcoin building on a weekly close which gave cause for cautious optimism.
  
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• How to identity fake cryptocurrency - Cointelegraph

  14-08-2023 17:08 via news.google.com
  
  How to identity fake cryptocurrency  Cointelegraph
  
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• How to identity fake cryptocurrency

  14-08-2023 17:07 via cointelegraph.com
  
  Learn essential cryptocurrency security practices to safeguard your digital assets. Explore crucial ways to protect your wallets, prevent hacks and ensure safe transactions.
  
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• Chinese man sentenced to 9 months in prison for buying 13K in USDT

  14-08-2023 17:04 via cointelegraph.com
  
  China has been harshly enforcing its crypto ban since the start of the year, cracking down on individuals and projects alike.
  
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• Silent Bitcoin Storm: Glassnode Uncovers What Lies Beneath The Surface

  14-08-2023 17:00 via newsbtc.com
  
  In the dynamic realm of Bitcoin, the ability to discern patterns and trends from raw data is invaluable. Glassnode’s latest report, “Exhaustion and Apathy,” serves as a beacon, illuminating the intricate nuances of the current state of the market. Let’s delve deeper into the numbers and their implications.
  Historic Lows In Bitcoin Volatility
  The overarching theme of Glassnode’s findings is the unprecedented stagnation in Bitcoin’s volatility. The data reveals
  
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• Cryptocurrency Kaspa Falls More Than 4% In 24 hours - Benzinga

  14-08-2023 17:00 via news.google.com
  Cryptocurrency Kaspa Falls More Than 4% In 24 hours  Benzinga
  
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• Cryptocurrency ETP Weekly Inflows Total $5.54 Million - Bloomberg Law

  14-08-2023 16:26 via news.google.com
  
  Cryptocurrency ETP Weekly Inflows Total $5.54 Million  Bloomberg Law
  
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• XRP Volume Jolt: How Did The $3 Billion Surge Impact Price Action?

  14-08-2023 16:00 via newsbtc.com
  
  XRP has recently witnessed a remarkable surge in trading volume, with an impressive increase of $3 billion reported by Messari. This surge reflects the cryptocurrency’s enduring appeal, adaptability to market trends, and potential to disrupt traditional finance.
  Speculations abound about the factors driving this surge, sparking discussions on its implications for both XRP’s future trajectory and the broader cryptocurrency market.
  Despite this surge in trading activity, the expected c
  
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• TeraWulf increases self-mined BTC in Q2 while Hut8 looks to USBTC merger

  14-08-2023 15:47 via cointelegraph.com
  
  U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in in Q2.
  
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• TeraWulf increases self-mined BTC in Q2, while Hut 8 looks to USBTC merger

  14-08-2023 15:47 via cointelegraph.com
  
  U.S. miner TeraWulf expanded its Bitcoin mining capacity in 2023, resulting in 70% more BTC mined in Q2.
  
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• Coinbase VP says Canada can be a ‘global leader’ in crypto

  14-08-2023 15:30 via cointelegraph.com
  
  The cryptocurrency exchange Coinbase officially launched in Canada in August 2023 and is expanding its service offerings amid a promising local crypto climate.
  
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• Metaverse project The Sandbox unlocks $133M worth of tokens

  14-08-2023 15:23 via cointelegraph.com
  
  The next batch of token unlocks for The Sandbox is on Feb. 14, 2024, and will unfreeze over 200 million SAND for its team, company reserve and advisors.
  
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• Crypto adoption crosses party lines amid Washington’s political deadlock

  14-08-2023 15:21 via cointelegraph.com
  
  Support for crypto among United States politicians and voters appears to be crossing party lines with bipartisanship agreements.
  
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• Bitcoin-Friendly Javier Milei Wins Presidential Primaries In Argentina

  14-08-2023 14:50 via newsbtc.com
  
  Argentine libertarian Presidential candidate and Bitcoin enthusiast Javier Milei has shocked the world by emerging victorious in Argentina’s recent primary elections. The pro-Bitcoin advocate scored the majority of the votes, making a stinging win during the Primaries on August 13.
  Javier Milei Demolishes Electoral Competition
  Javier Milei, an outspoken Argentine economist, is known for his sharp criticism of traditional politics and his fervent support of cryptocurrencies, including Bitco
  
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