Cryptocurrency news

• House committee chairman threatens SEC chair with subpoena, but not over crypto

  12-10-2023 23:50 via cointelegraph.com
  
  U.S. House Oversight and Accountability Committee chair James Comer thinks Genlser is stonewalling him. Crypto supporters know the feeling.
  
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• Stocks fall, yields rise as inflation data comes in hotter than expected

  12-10-2023 23:40 via cointelegraph.com
  
  The stock market declined on October 12 as the US BLS released new data showing prices rose faster than expected.
  
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• Trader Joe’s grocery store files trademark lawsuit against Trader Joe DEX

  12-10-2023 23:30 via cointelegraph.com
  
  Among the claims included allegations of federal trademark infringement and dilution, with Trader Joe allegedly capitalizing on the store's "name, goodwill, and brand recognition".
  
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• Arbitrum Sale On Binance: How This Investment Firm Lost $465,000 In An ARB Trade

  12-10-2023 23:30 via newsbtc.com
  
  Recent transactions by Arca, a prominent investment firm, involving Arbitrum native token ARB, have again put them under the spotlight. According to on-chain tracking platform Lookonchain, the firm has suffered a substantial loss nearing half a million recently.
  Arca’s Arbitrum Shipment to Binance
  Lookonchain reported earlier today that Arca transferred roughly 1.49 million ARB tokens to Binance. With a value of around $1.21 million, this transaction indicates a possible liquidation of Arc
  
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• Ether Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data

  12-10-2023 23:08
  
  ETH dropped to its lowest price since March, while most cryptocurrencies struggled as risk-off sentiment took over markets following a slightly hotter-than-expected inflation report and surging rates.
  
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• Coinbase Sounds Alarm on IRS Crypto Tax Proposal

  12-10-2023 23:00
  
  As the U.S. crypto exchange called the recent IRS proposal for taxing crypto “incomprehensible,” the tax agency flagged that the industry isn’t paying its fair share.
  
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• Changpeng Zhao's tweet 'contributed' to collapse of FTX, claims Caroline Ellison

  12-10-2023 23:00 via cointelegraph.com
  
  The former Alameda Research CEO placed part of the blame for FTX's failure on CZ, while the Binance CEO claimed Ellison's offer to buy the firm's FTT holdings was the cause.
  
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• Ethereum’s validator queue clears out amid staking demand decline

  12-10-2023 22:38 via coinjournal.net
  
  Ethereum validator queue at an all-time low.
  Staking demand wanes as wait times plummet.
  At press time, the entry queue for Ethereum only had 377 validators.The Ethereum network’s validator queue once jam-packed with applicants eager to participate in the blockchain’s proof-of-stake system, has reached an all-time low. Data reveals that the queue has dwindled to just 598 validators, a stark contrast to the staggering peak of over 96,000 seen in early June.
  This significant reduction
  
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• Uniswap launches Android wallet beta for Google Play

  12-10-2023 22:30 via cointelegraph.com
  
  Uniswap launched a beta version of its wallet app for Android, paving the way for a Google Play Store launch once testing is complete.
  
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• SBF Trial: Defense Counsel's Cross-Examination of Star Prosecution Witness Meandered

  12-10-2023 22:03
  
  Former Alameda Research CEO Caroline Ellison faces Sam Bankman-Fried attorney Mark Cohen as she begins her third day of testimony.
  
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• USDR liquidity crisis costs a trader 131,350 stablecoins

  12-10-2023 22:01 via coinjournal.net
  
  USDR suffered a liquidity crisis, revealing its illiquid assets.
  A trader lost everything swapping USDR for USDC during the crisis.
  An MEV bot profited $107,002 from the arbitrage opportunity.The Real USD (USDR) stablecoin recently found itself in the eye of a storm, revealing the pitfalls of the DeFi space.
  A liquidity crunch on October 11 led to a trader swapping 131,350 USDR for 0 USDC, incurring a complete loss. Here’s what transpired:
  The USDR liquidity crunch
  USDR, a real-estate-bac
  
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• US Mega Bank JPMorgan Predicts Harsh Drop In This Bitcoin Metric

  12-10-2023 22:00 via newsbtc.com
  
  In a recent research report from JPMorgan, the financial firm has predicted a harsh drop for one Bitcoin metric, forecasting a potential decline of the Bitcoin Network Hash Rate by 20% leading up to the Bitcoin halving in April 2024.
  JPMorgan Expects Bitcoin Hash Rate To Drop
  In the report, JPMorgan stated that the Bitcoin mining industry is at a crucible stage leading all the way to the Bitcoin halving in April 2024 and beyond. This is because the approval of a Spot BTC exchange-traded fund (ET
  
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• Stars Arena recovers 90% of exploited funds after onchain negotiations

  12-10-2023 22:00 via cointelegraph.com
  
  Stars Arena negotiated with the attacker over the course of four days, eventually recovering 90% of funds in exchange for an agreement not to prosecute.
  
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• Stars Arena recovers 90% of exploited funds after on-chain negotiations

  12-10-2023 22:00 via cointelegraph.com
  
  Stars Arena negotiated with the attacker over the course of four days, eventually recovering 90% of funds in exchange for an agreement not to prosecute.
  
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• Bankman-Fried's lawyers cross-examine star witness ex in FTX ... - Courthouse News Service

  12-10-2023 21:59 via news.google.com
  
  Bankman-Fried's lawyers cross-examine star witness ex in FTX ...  Courthouse News Service
  
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• Memeinator vs. Sushi price prediction: Buy MMTR or SUSHI?

  12-10-2023 21:57 via coinjournal.net
  
  Sushi price is near the key support level of $0.50 while Memeinator is set to jump to $0.0118.
  But what’s the price prediction for SUSHI and MMTR?
  What makes Memeinator stand out among meme coins?Sushi is a top DeFi protocol, whose governance token SUSHI reached a high of $23.38 in May 2021. Memeinator on the other hand is a new meme cryptocurrency that recently launched its presale. The project’s approach in the quest to disrupt the meme world is attracting enthusiasts, with over $
  
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• Mastercard’s successful CBDC wrapping trial for NFTs

  12-10-2023 21:38 via coinjournal.net
  
  The trial involved wrapping CBDCs for use in purchasing NFTs on blockchains.
  Mastercard’s Multi Token Network played a pivotal role in the trial.
  There is a growing importance of CBDCs and blockchain in the financial industry.In a groundbreaking development, Mastercard has announced the successful completion of a trial involving wrapping central bank digital currencies (CBDCs) for use in purchasing nonfungible tokens (NFTs) on blockchains, particularly Ethereum.
  This milestone experiment
  
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• Cardano (ADA) Price Prediction for 2023, 2024, 2025 and Beyond

  12-10-2023 21:26 via newsbtc.com
  Cardano is one of the most actively developed blockchains with an ambitious roadmap. Its native ADA token has seen immense growth since launching in 2017. This article explores what’s next for Cardano prices.
  What is Cardano (ADA)?
  Cardano is an open-source proof-of-stake blockchain network founded by Ethereum co-founder Charles Hoskinson in 2015. It aims to provide fast, secure, and scalable blockchain transactions through leading research and development.
  The Cardano blockchain is divide
  
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• Uptober might be over: Bitcoin price data shows investor sentiment at 3-month low

  12-10-2023 21:16 via cointelegraph.com
  
  Bitcoin price has corrected at each attempt to rally above $28,000. Cointelegraph explains why.
  
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• Uptober may be over: Bitcoin price data shows investor sentiment at 3-month low

  12-10-2023 21:16 via cointelegraph.com
  
  Bitcoin price has corrected at each attempt to rally above $28,000. Cointelegraph explains why.
  
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• Ethereum Has Nearly Cleared Out Validator Queue, a Sign of Weak Staking Demand

  12-10-2023 21:16
  
  The waiting time to deploy new validators to the Ethereum network has diminished to just five hours from a peak of 45 days in early June.
  
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• The SAFER Banking Act Can End Discriminatory Banking Practices

  12-10-2023 21:13
  
  Designed to dismantle barriers to financial services for marijuana businesses, the bill would be beneficial to crypto companies stripped of banking access, says Cody Carbone.
  
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• China opens industrial park for digital yuan CBDC development in Shenzhen

  12-10-2023 21:12 via cointelegraph.com
  
  The government is incentivizing new residents to come develop payment solutions, smart contracts, hard wallets and promotions for the digital yuan.
  
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• Cryptocurrency Optimism Decreases More Than 5% Within 24 hours - Benzinga

  12-10-2023 21:00 via news.google.com
  Cryptocurrency Optimism Decreases More Than 5% Within 24 hours  Benzinga
  
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• As Crypto Prices Crash, Traders Are Bullish On These New Cryptocurrency Projects - NewsBTC

  12-10-2023 20:55 via news.google.com
  As Crypto Prices Crash, Traders Are Bullish On These New Cryptocurrency Projects  NewsBTC
  
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• Scroll zkEVM Launches, Blockchain Data Shows, Competing With Polygon, Matter Labs

  12-10-2023 20:52
  
  The new Ethereum layer-2 network's debut adds to the competition among rival providers of so-called "zkEVMs," including Polygon and Matter Labs.
  
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• Bitcoin Plunge Below $27,000 Drives Investors Into Fear, Will Rebound Occur?

  12-10-2023 20:30 via newsbtc.com
  
  Data shows the Bitcoin drop below the $27,000 level has made most investors fearful for the first time this month.
  Bitcoin Fear & Greed Index Is Pointing At “Fear” Right Now
  The “fear and greed index” is an indicator that tells us about the general sentiment among investors in the Bitcoin and broader cryptocurrency market. Alternative created the metric, and according to the website, it’s based on these factors: volatility, trading volume, social media sentiment
  
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• Voyager Ex-CEO Charged by U.S. Regulators With Fraud, Making False Claims

  12-10-2023 19:52
  
  U.S. regulators have targeted former Voyager Digital CEO Stephen Ehrlich with lawsuits claiming he engaged in fraud and deliberately misrepresented his customers’ government protections.
  
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• Dogecoin and Shiba Memu outlook as key DOGE metric stalls

  12-10-2023 19:52 via coinjournal.net
  
  Shiba Memu is a new meme coin that’s leveraging the AI revolution.
  The project is in presale and has raised more than $3.8 million.
  Dogecoin (DOGE) tops meme coins buts its price has struggled as daily transactions sink.Dogecoin is struggling to keep prices above a key support level even as the leading meme cryptocurrency records a sharp drop in daily transactions. Meanwhile, the Shiba Memu (SHMU) presale has hit $3.8 million as price increases to $0.0334.
  Here we examine the price outloo
  
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• Arca Records Losses and Gains in Cryptocurrency Investments By ... - Investing.com

  12-10-2023 19:50 via news.google.com
  Arca Records Losses and Gains in Cryptocurrency Investments By ...  Investing.com
  
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• SBF Trial: Defense Counsel Signals Plan to Blame Caroline Ellison for FTX Collapse

  12-10-2023 19:42
  
  Former Alameda Research CEO Caroline Ellison faces Sam Bankman-Fried attorney Mark Cohen as she begins her third day of testimony.
  
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• Riverside County Sheriff Issues Warning as Cryptocurrency Phone ... - Hoodline

  12-10-2023 19:35 via news.google.com
  
  Riverside County Sheriff Issues Warning as Cryptocurrency Phone ...  Hoodline
  
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• Cryptocurrency Market Rebounds Amid Fed's Interest Rate ... - Investing.com

  12-10-2023 19:16 via news.google.com
  Cryptocurrency Market Rebounds Amid Fed's Interest Rate ...  Investing.com
  
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• CFTC announces lawsuit against Voyager Digital and former CEO

  12-10-2023 19:16 via cointelegraph.com
  
  The legal action followed reports staff at the commission had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations.
  
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• CFTC and FTC file lawsuits against former Voyager Digital CEO for fraud, making false claims

  12-10-2023 19:16 via cointelegraph.com
  
  The legal action followed reports staff at the CFTC had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations.
  
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• CFTC and FTC file lawsuits against former Voyager Digital CEO for fraud

  12-10-2023 19:16 via cointelegraph.com
  
  The legal action followed reports staff at the CFTC had completed an investigation concluding Stephen Ehrlich violated U.S. derivatives regulations.
  
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• What To Expect This Month For XRP Price According To Historical Data

  12-10-2023 19:00 via newsbtc.com
  
  The XRP price has had a rollercoaster growth trajectory which was mostly hindered by the US Securities and Exchange Commission (SEC) filing a lawsuit against Ripple. But a lot of the altcoin’s performances over the months have been rather predictable, and with its history, we can get an idea of what to expect for the XRP price this month.
  October Not Looking Good For XRP Price
  In a heat map of historical XRP price data generated by NewsBTC, we can see how the month of October has usually g
  
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• Trezor Unveils New Hardware Wallets, Corrosion-Resistant 'Keep Metal' for Recovery

  12-10-2023 18:55
  
  Trezor has produced a hardware wallet with a stripped-back design to appeal to less experienced crypto users, alongside two other new products.
  
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• Trader swaps 131k stablecoins for $0 during USDR depeg

  12-10-2023 18:00 via cointelegraph.com
  
  An attempt to withdraw USDR stablecoins amid a liquidity crunch appears to have gone horribly wrong.
  
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• SBF Trial: Accountants 'Couldn't or Wouldn't' Audit Alameda, Caroline Ellison Says

  12-10-2023 17:55
  
  Former Alameda Research CEO Caroline Ellison faces Sam Bankman-Fried attorney Mark Cohen as she begins her third day of testimony.
  
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• Marathon Digital (MARA) stock price death cross forms as BTC recoils

  12-10-2023 17:54 via coinjournal.net
  
  Marathon Digital (NASDAQ: MARA) stock price continued plunging this week as Bitcoin resumed its sell-off. The shares crashed to a low of $7.85 on Thursday even as American stocks continued retreating. It has dropped by more than 60% from the highest level in September.
  The key driver for Marathon stock price is Bitcoin’s price action. The same applies for other Bitcoin mining companies like Riot Platform and BitDigital (BTBT). These stocks jump when BTC is in an uptrend and vice
  
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• Crypto for Advisors: Advisors Pivot to On-Chain Support

  12-10-2023 17:45
  
  How can advisors support client interest in digital assets? Thanks to Miguel Kudry from L1 Advisors for taking us through examples in today’s Crypto for Advisors newsletter.
  
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• Bitcoin Finds Rejection At This Historical Line, Bear Market Back On?

  12-10-2023 17:30 via newsbtc.com
  On-chain data shows Bitcoin has failed in its latest retest of a historically significant metric, a sign that a bearish trend might have taken over.
  Bitcoin Has Been Rejected From The Short-Term Holder Cost Basis
  As pointed out by an analyst in a post on X, BTC is currently facing resistance at the short-term holder’s realized price. The “realized price” here refers to the cost basis or acquisition price of the average investor in the Bitcoin market.
  When the spot price of the
  
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• Did SBF really use FTX traders' Bitcoin to keep BTC price under $20K?

  12-10-2023 17:17 via cointelegraph.com
  
  Bitcoin sales by FTX come to light as part of the SBF trial, as one prediction suggests that they stopped the BTC price from hitting $100,000.
  
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• Mastercard announces successful wrapped CBDC trial results

  12-10-2023 17:00 via cointelegraph.com
  
  The experiment demonstrated that CBDCs could be wrapped to purchase NFTs on blockchains such as Ethereum.
  
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• Ontario man lost $100k in cryptocurrency scam | insauga - insauga.com

  12-10-2023 16:52 via news.google.com
  
  Ontario man lost $100k in cryptocurrency scam | insauga  insauga.com
  
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• FTX hacker moves $120M amid Sam Bankman-Fried trial: Report

  12-10-2023 16:31 via cointelegraph.com
  
  The blockchain analytics firm Elliptic didn't rule out the possibility of an FTX inside job being behind the $477 million hack.
  
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• Your First Step into Cryptocurrency: How to Buy Bitcoin on Bitpanda - CryptoTicker.io - Bitcoin Price, Ethereum Price & Crypto News

  12-10-2023 16:23 via news.google.com
  
  Your First Step into Cryptocurrency: How to Buy Bitcoin on Bitpanda  CryptoTicker.io - Bitcoin Price, Ethereum Price & Crypto News
  
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• Stocks across Asia and Europe rise on Economic growth indicators

  12-10-2023 16:11 via cointelegraph.com
  
  Stocks across the Asia Pacific region marked a second consecutive day of bullish growth as the European stock market reached a three-week high.
  
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• U.S. Senators Urge Treasury and IRS for Swift Cryptocurrency Tax ... - Blockchain.News

  12-10-2023 16:03 via news.google.com
  U.S. Senators Urge Treasury and IRS for Swift Cryptocurrency Tax ...  Blockchain.News
  
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