Cryptocurrency news

• Sam Bankman-Fried's lawyers push for temporary release, object to prosecutors' proposed deal

  25-08-2023 23:43 via cointelegraph.com
  
  The U.S. Justice Department has produced “millions of pages of documents" related to SBF's criminal case, which his lawyers claimed was too much to access from jail before trial.
  
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• Cryptocurrency Scam Alert - City of Spokane

  25-08-2023 23:38 via news.google.com
  
  Cryptocurrency Scam Alert  City of Spokane
  
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• XRP Epic Price Setup: Accumulation Surge Paves The Way For Imminent Price Blast

  25-08-2023 23:30 via newsbtc.com
  
  After a highly anticipated partial victory for Ripple Labs and XRP investors, the fifth-largest cryptocurrency has succumbed to the overall market downward trend, dampening the excitement following its July 13 triumph against the US Securities and Exchange Commission. Over the past 30 days, XRP has retraced by more than 26%.
  Despite experiencing significant price fluctuations since its 16% drop on August 16, the token has recovered 4% of those losses within the past seven days. As the market app
  
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• Crypto Biz: Coinbase-Circle realignment, Binance fiat hurdles and USDC on Shopify

  25-08-2023 23:30 via cointelegraph.com
  
  This week’s Crypto Biz explores the latest on Binance’s global on-ramps and off-ramps, Coinbase-Circle re-alignment, Shopify’s take on USDC and China’s blockchain data exchange.
  
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• Crypto Biz: Coinbase-Circle re-alignment, Binance fiat hurdles, and USDC at Shopify

  25-08-2023 23:30 via cointelegraph.com
  
  This week's Crypto Biz explores the latest on Binance's global on-ramps and off-ramps, Coinbase-Circle re-alignment, Shopify's take on USDC and China's blockchain data exchange.
  
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• Alleged former Worldcoin employee says they're in contact with authorities

  25-08-2023 22:50 via cointelegraph.com
  
  The individual, whose Worldcoin employment could not be independently verified, claimed they witnessed “sloppy and/or illegal things” while working there prior to the token launch.
  
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• Visa And Mastercard Distancing Themselves From Binance Unlikely to Hurt the Crypto Exchange: Experts

  25-08-2023 22:48
  
  The decision comes only weeks after Binance has been grappling with multiple legal challenges in the U.S.
  
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• Robinhood accumulates $3B of Bitcoin in 3 months — What does this mean for markets?

  25-08-2023 22:45 via cointelegraph.com
  
  Robinhood’s Bitcoin holdings could reshape the crypto landscape by supercharging the influence of retail investors and possibly creating new market risks.
  
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• Robinhood accumulated $3B in Bitcoin in 3 months — What does this mean for markets?

  25-08-2023 22:45 via cointelegraph.com
  
  Robinhood’s Bitcoin holdings could reshape the crypto landscape by supercharging the influence of retail investors and possibly creating new market risks.
  
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• Spanish central bank official talks about private payment services in era of digital euro

  25-08-2023 22:23 via cointelegraph.com
  
  Banco de España deputy governor Margarita Delgado voiced concern about financial stability issues but painted a rosy picture for nonbank financial services providers.
  
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• Price analysis 8/25: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, TON

  25-08-2023 21:43 via cointelegraph.com
  
  Bitcoin and altcoins lose more ground after comments from the Federal Reserve suggest that the regime of interest rate hikes could continue into 2024.
  
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• JPMorgan Shares Prediction On Bitcoin’s Next Move: What You Need To Know

  25-08-2023 21:34 via newsbtc.com
  
  In the latest research report, financial giant JPMorgan Chase & Co. has recently shared its belief in Bitcoin and the crypto market. Bloomberg reported, citing data from the financial services firm, that the current downtrend phase in the crypto market might just be nearing its conclusion.
  Notably, the deceleration in the market momentum, primarily attributed to a series of positive legal and regulatory developments that eventually lost steam, is in its last stretch, according to the banking
  
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• Multichain $1.5B hack investigation, Shibarium eyes relaunch, Base, Optimism join hands: Finance Redefined

  25-08-2023 21:25 via cointelegraph.com
  
  Top-100 DeFi tokens had another mixed week, with most of the tokens trading in a similar range as last week with minor price fluctuation.
  
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• Optimism Foundation proposes a 118M OP grant to Base

  25-08-2023 21:17 via coinjournal.net
  
  The Optimism Foundation and Coinbase-backed layer-2 platform Base eye shared governance of OP Chains.
  Base will receive 118 million OP token spread over six years.The Optimism Foundation and Base, a Layer 2 on the OP Stack, are looking to cooperate further in the quest to enhance security, scalability and decentralisation in the Optimism Collective – the Superchain.   
  For this, the Optimism Foundation has outlined a proposal that could see Coinbase-backed Base receive a grant t
  
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• Cardano Will Become World's Biggest Cryptocurrency, Hoskinson Says - U.Today

  25-08-2023 21:12 via news.google.com
  Cardano Will Become World's Biggest Cryptocurrency, Hoskinson Says  U.Today
  
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• Binance P2P removes sanctioned Russian banks from payments list

  25-08-2023 21:01 via cointelegraph.com
  
  The crypto exchange removed its “yellow” and “green” codewords from its list of payment methods, which previously referred to sanctioned Russian banks.
  
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• Cryptocurrency Arbitrum Down More Than 3% Within 24 hours - Benzinga

  25-08-2023 21:00 via news.google.com
  Cryptocurrency Arbitrum Down More Than 3% Within 24 hours  Benzinga
  
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• Bitcoin Spark: The Cryptocurrency Revolution Surpassing Bitcoin ... - Crypto News Flash

  25-08-2023 20:00 via news.google.com
  
  Bitcoin Spark: The Cryptocurrency Revolution Surpassing Bitcoin ...  Crypto News Flash
  
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• Economic Reset Alert: Bloomberg Analyst Predicts Bitcoin Crash Below $10,000

  25-08-2023 19:58 via newsbtc.com
  
  Bitcoin (BTC), the world’s largest cryptocurrency, has experienced a period of stability around the $26,000 mark following the recent speech by Federal Reserve Chair Jerome Powell. 
  Powell reiterated the central bank’s commitment to maintaining a 2% inflation target in his speech. As economists discuss the implications of this goal, market observers, including Bloomberg’s Senior Macro Strategist Mike McGlone, have weighed in on the potential impact of an impending recessio
  
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• Judge denies stakeholders request for representation in Celsius bankruptcy case

  25-08-2023 19:45 via cointelegraph.com
  
  The judge also declined to declare CEL token “not a security,” despite related rulings in the SEC vs Ripple case.
  
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• PayPal’s PYUSD struggles with early adoption — Nansen

  25-08-2023 19:30 via cointelegraph.com
  
  PayPal’s stablecoin debut raised hopes for broader adoption and an introduction of cryptocurrencies to the masses. Early adoption trends paint a different picture.
  
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• PayPal's PYUSD struggles with early adoption — Nansen

  25-08-2023 19:30 via cointelegraph.com
  
  PayPal's stablecoin debut raised hopes for broader adoption and an introduction of cryptocurrencies to the masses. Early adoption trends paint a different picture.
  
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• Bitcoin Dips Below $26K, Smaller Cryptos Head Lower on Fed's Powell's Hawkish Remarks

  25-08-2023 19:18
  
  Federal Reserve chair Powell speaking at Jackson Hole doubled down on keeping financial conditions tight, including hiking interest rates further if needed.
  
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• Binance Delists Sanctioned Russian Banks From Peer-to-Peer Service

  25-08-2023 19:06
  
  Binance has cut ties with five sanctioned Russian banks that were listed on the exchange’s peer-to-peer service to let users transfer funds in rubles, the country’s native currency.
  
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• Why you should tread carefully with cryptocurrency - Stuff.co.nz

  25-08-2023 19:00 via news.google.com
  
  Why you should tread carefully with cryptocurrency  Stuff.co.nz
  
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• Why you should tread carefully with cryptocurrency - Stuff

  25-08-2023 19:00 via news.google.com
  
  Why you should tread carefully with cryptocurrency  Stuff
  
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• Donald Trump NFT prices spike following release of mugshot in Georgia criminal case

  25-08-2023 19:00 via cointelegraph.com
  
  The former U.S. President returned to X for the first time since January 2021 to post his mugshot, which has now been thoroughly manipulated for memes by many users.
  
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• Decoding Ethereum: Beyond Cryptocurrency - Austin American-Statesman

  25-08-2023 19:00 via news.google.com
  
  Decoding Ethereum: Beyond Cryptocurrency  Austin American-Statesman
  
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• IRS releases draft of proposed reporting rules for digital asset brokers

  25-08-2023 18:40 via cointelegraph.com
  
  House Financial Service Committee chair Patrick McHenry said the rules are part of “the Biden Administration’s ongoing attack on the digital asset ecosystem.”
  
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• Does high US consumer debt benefit Bitcoin price?

  25-08-2023 18:30 via cointelegraph.com
  
  Cointelegraph analyst and writer Marcel Pechman breaks down consumer debt and why it might lead to a good outcome for BTC.
  
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• US Treasury unveils new proposed cryptocurrency tax guidelines for ... - SiliconANGLE News

  25-08-2023 18:05 via news.google.com
  
  US Treasury unveils new proposed cryptocurrency tax guidelines for ...  SiliconANGLE News
  
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• Shiba Inu Whale Buys 708 Billion SHIB, Sparks Speculation Of Price Recovery

  25-08-2023 18:00 via newsbtc.com
  
  The Shiba Inu community is buzzing with excitement after reports revealed that an anonymous whale had purchased a massive stash of SHIB tokens from the Gemini exchange in a single transaction. 
  Mysterious Whale Makes Massive SHIB Purchase
  A crypto whale has shocked the SHIB community and crypto space after purchasing 708.41 billion SHIB tokens worth almost $6 million from Gemini, an American crypto exchange run by the Winklevoss twins. The transaction was picked up by Whale Alert, a pr
  
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• Get the Lowdown on Chancer: Price Predictions for This New ... - BanklessTimes

  25-08-2023 17:53 via news.google.com
  
  Get the Lowdown on Chancer: Price Predictions for This New ...  BanklessTimes
  
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• Sweeping U.S. Tax Proposal Met With Boos From Crypto World

  25-08-2023 17:23
  
  An immediate burst of criticism from the crypto industry shows the U.S. Treasury Department’s new proposal on how to handle digital assets taxes will face a long road as it enters a months-long period of public comments and hearings.
  
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• Magnate Finance’s $6.4M scammers linked to Solfire and Kokomo rug pulls

  25-08-2023 17:04 via coinjournal.net
  
  Magnate Finance rug pull is connected to Solfire and Kokomo Finance scams, blockchain sleuths say.
  The deployer address of the Base-based protocol was the same in the $4.8 million and $5.5 million scams respectively.On-chain sleuths have linked the deployer address of Magnate Finance, the DeFi protocol on Base that just rug pulled with $6.5 million worth of user assets.  
  According to BeosinAlert, a Web3 real-time risk alert platform, the deployer address of Magnate Finance is connected to
  
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• PEPE Token Tumbles 20% Amid Suspicious Activity – Details

  25-08-2023 17:00 via newsbtc.com
  
  PEPE, the once-promising meme coin that garnered attention in the past quarter, suffered an unforeseen blow on Thursday as it succumbed to the grip of FUD (fear, uncertainty, and doubt). Despite making waves in recent months, PEPE’s momentum fizzled out by August, exacerbated by a wave of negative sentiment that battered the altcoin.
  The current price of PEPE stands at a mere $0.000000870194 according to CoinGecko, sustaining a 21% slump in the last 24 hours alone. Over the span of seven d
  
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• Bitcoin Price Prediction for 2023, 2024, 2025, 2030 and Beyond

  25-08-2023 16:45 via newsbtc.com
  
  Bitcoin has come a long way since its inception in 2009. From being worth less than a penny initially, it has seen massive growth over the years with some dramatic ups and downs. Today, Bitcoin is emerging as a major alternative asset class and its future valuation prospects remain optimistic.
  This comprehensive guide takes a data-driven approach to analyze factors affecting Bitcoin prices and makes educated projections about its potential highs and lows in the short, medium and long-term timefr
  
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• FTX, BlockFi, Genesis Customer Data Compromised in Kroll Hack

  25-08-2023 16:41
  
  A ‘cybersecurity incident’ affected Kroll, which gathers customer claim data on behalf of bankrupt companies.
  
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• Powell Speaks At Jackson Hole, Bitcoin Volatility Comes Back With A Vengeance?

  25-08-2023 16:33 via newsbtc.com
  
  US Federal Reserve (Fed) Jerome Powell spoke at the annual Jackson Hole Economic Symposium, which has significantly pressured the Bitcoin price. Consolidation has been the new normal for BTC over the past few weeks, but with September around the corner, macroeconomic events are likely to exercise renewed influence.
  As of this writing, Bitcoin has been hovering around $26,000, but with increasing fluctuations as the Jackson Hole event approaches. All eyes and ears are set on the Fed Chair as he t
  
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• Fed's Powell at Jackson Hole: Prepared to Raise Rates Further if Appropriate

  25-08-2023 16:28
  
  Market participants were looking to Friday morning's speech to gauge the future direction of the U.S. central bank's monetary policy.
  
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• Hong Kong regulator eyes tokenization for bond market improvement: Report

  25-08-2023 16:07 via cointelegraph.com
  
  The monetary authority in Hong Kong released a report on its study Project Evergreen which looked at the highs and lows of recent bond tokenization activity.
  
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• MasterCard Axes Partnership With Binance Amid Regulatory Pressures

  25-08-2023 15:55 via newsbtc.com
  
  The crypto space is in pandemonium after MasterCard, a global payment service giant, announced the imminent termination of its services and alliance with the Binance crypto exchange.  
  Mastercard To Sever All Ties To Binance
  Binance, the world’s largest cryptocurrency exchange by trading volume, is facing new challenges that could impact its reputation and growth rate. According to reports, Mastercard will discontinue its services on Binance, ending a years-old relationship and c
  
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• Celsius Token Holders Lose Bid to Hike CEL Valuation

  25-08-2023 15:51
  
  Creditors of the bankrupt crypto lender argue it should be valued at $0.80, its nominal price when the company collapsed, despite allegations of market manipulation
  
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• PEPE whale seizes dip opportunity, buys $529k worth of tokens

  25-08-2023 15:43 via cointelegraph.com
  
  This transaction followed this same whale’s previous transactions on 5 June 2023 where he spent 280 Ethereum (worth $507,000) to acquire 500 billion PEPE.
  
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• Academia divided over ChatGPT’s left political bias claims

  25-08-2023 15:39 via cointelegraph.com
  
  Academics are divided over research that claims that ChatGPT displays political biases in different jurisdictions.
  
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• Cryptocurrency and blockchain technology- adoption within the AfCFTA - Businessday

  25-08-2023 15:32 via news.google.com
  Cryptocurrency and blockchain technology- adoption within the AfCFTA  Businessday
  
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• Wen moon? Bitcoin halving cycle hints at Q4 as smart money 'buys the rumor'

  25-08-2023 15:31 via cointelegraph.com
  
  Bitcoin miners and "smart money" are the investor cohorts to watch when it comes to late 2023 BTC price action, says Filbfilb.
  
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• NFT Collector: Giant Swan’s gothic VR dreamscapes… royalty nightmare on OpenSea

  25-08-2023 15:30 via cointelegraph.com
  
  Melbourne NFT artist Giant Swan used to sit in his car crying because he didn’t fit in. Now he’s found his place as a gothic VR dream creator
  
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• Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth

  25-08-2023 15:03 via cointelegraph.com
  
  Magnate Finance first deleted its Telegram channel and X account followed by taking down the website before pulling the plug on its TVL.
  
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• Default of Tokenized Loans on Centrifuge Puts MakerDAO’s Investment at Risk

  25-08-2023 14:53
  
  DeFi giant MakerDAO has lent $1.8 million of DAI stablecoin to the tokenized credit pool under distress.
  
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