Cryptocurrency news

• US lawmaker asks Congress to treat Binance exec in Nigeria as a ‘hostage’

  11-07-2024 23:53 via cointelegraph.com
  Rep. Rich McCormick called on the US government to formally declare Tigran Gambaryan as a hostage if his criminal case in Nigeria was not resolved by mid-July.
  
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• Bitcoin Crash Forced Weak Hands Into Largest Loss-Taking Since 2022 Lows: Report

  11-07-2024 23:30 via newsbtc.com
  A new report from Glassnode has revealed that the Bitcoin short-term holders took part in the largest loss-taking event since 2022 in the recent crash.
  Bitcoin Short-Term Holders Have Realized Huge Losses Recently
  According to the latest weekly report from Glassnode, less than 1% of trading days in the cryptocurrency’s history have seen the short-term holders taking higher losses than during the latest event.
  The “short-term holders” (STHs) here refer to the Bitcoin investors w
  
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• Former OpenAI employee quit to avoid ‘working for the Titanic of AI’

  11-07-2024 22:37 via cointelegraph.com
  Dek: The real question is: who or what is the iceberg in this scenario?
  
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• Bitcoin price struggles as investors expect Fed interest rate cuts — Why?

  11-07-2024 22:15 via cointelegraph.com
  Bitcoin price is stuck in a downtrend even though investors are betting on Fed interest rate cuts. What gives?
  
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• Judge has ‘strong views’ about Coinbase inquiry into Gensler’s private msgs

  11-07-2024 22:01 via cointelegraph.com
  Judge Katherine Polk Failla said she would hear from SEC and Coinbase lawyers on July 15 whether SEC Chair Gary Gensler’s private communications on crypto were fair game.
  
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• Forbes Says Shiba Inu Price Will Rise 1,700% To Reach $0.0003 ATH, Here’s When

  11-07-2024 22:00 via newsbtc.com
  
  The Shiba Inu price and where it could be headed has long been a bone of contention among analysts. While some see the meme coin struggling for the foreseeable future, others expect the coin to resume its rally and actually reach a new all-time high. A new Forbes report falls in the latter category, expecting a significant surge in price towards new highs.
  Shiba Inu Price To Reach New ATH
  In the Forbes report, the Shiba Inu token is lauded for its development and growing utility, pushing it to b
  
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• X Silences Artist, Is Freedom of Expression Lost? Does Elon Know?

  11-07-2024 21:59 via newsbtc.com
  
  The enigmatic artist Mr. Black, known for his cryptic street art and ambitious 21,000-piece ordinal collection on the Bitcoin blockchain, claims that his attempts to advertise on the social media platform X (formerly known as Twitter) have been blocked. This raises questions about potential censorship and the influence of powerful entities behind the scenes.
  Mr. Black has garnered global attention with his mysterious posters and stickers in cities like Jerusalem, Rome, Mexico City, Paris, and Te
  
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• Crypto price predictions: Toncoin, Solana, Solciety (SLCTY)

  11-07-2024 21:53 via coinjournal.net
  
  Cryptocurrencies had a relatively strong performance this week as Bitcoin bounced back to almost $60,000. Toncoin was trading at $7.23, a few points below its highest point this year while Solana rose to $146, up from this month’s low of $121. 
  These coins rose as investors bought the dip and as the impact of the ongoing liquidations by the German government and Mt. Gox wallets. They also recovered after the US published an encouraging inflation report that revealed that consumer pric
  
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• Crypto price prediction: Toncoin, Solana, Solciety (SLCTY)

  11-07-2024 21:53 via coinjournal.net
  
  Cryptocurrencies had a relatively strong performance this week as Bitcoin bounced back to almost $60,000. Toncoin was trading at $7.23, a few points below its highest point this year while Solana rose to $146, up from this month’s low of $121. 
  These coins rose as investors bought the dip and as the impact of the ongoing liquidations by the German government and Mt. Gox wallets. They also recovered after the US published an encouraging inflation report that revealed that consumer pric
  
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• Wolf of Uzbekistan, Which Made $19,000,000 Out Of $1000 In 2 Years

  11-07-2024 21:49 via newsbtc.com
  
  Eshniyozov Shohjaxon Akmal Ogli, the inspiring Forex trader known as “Brother” within the sector, has one of the best background stories across the Forex markets. The Trader, nicknamed The Wolf of Uzbekistan, has quickly become a legend whose career began in 2012.Shohjaxon is an example of a self-made man and one of the few with the self-tough skills to turn the financial markets’ opportunities to his advantage. This is his story.Forex Legend, The Wolf of Uzbekistan, Makes Hist
  
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• The Forex Trading Legend That Can Help You Turned $50K Into $7 Million

  11-07-2024 21:49 via newsbtc.com
  
  Eshniyozov Shohjaxon Akmal Ogli, the inspiring Forex trader known as “Brother” within the sector, has one of the best background stories across the Forex markets. The Trader, nicknamed The Wolf of Uzbekistan, has quickly become a legend whose career began in 2012.Shohjaxon is an example of a self-made man and one of the few with the self-tough skills to turn the financial markets’ opportunities to his advantage. This is his story.Forex Legend, The Wolf of Uzbekistan, Makes Hist
  
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• MicroStrategy’s Board of Directors Approve Dramatic 10:1 Stock Split

  11-07-2024 21:38 via coinjournal.net
  
  MicroStrategy has confirmed that it is effecting a 10-for-1 split, which will give current shareholders nine extra shares for each share they currently hold.
  It will also make the company’s shares more affordable and accessible.The board of directors of MicroStrategy, one of the biggest business intelligence firms in the world, announced a 10-for-1 split of their stock today. This noteworthy announcement came after the company purchased over 11,000 BTC for about $786 million last month, c
  
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• Bahamians didn't want CBDCs — So now they're being forced to use them

  11-07-2024 21:37 via cointelegraph.com
  Regulators in the Bahamas are sick of their citizens' reluctance to adopt a CBDC, so they're forcing commercial banks to get on board.
  
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• Bahamians didn't want CBDCs — Now they're being forced to use them

  11-07-2024 21:37 via cointelegraph.com
  Regulators in the Bahamas are sick of their citizens' reluctance to adopt a CBDC, so they're forcing commercial banks to get on board.
  
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• Judge Sends Coinbase Back to the Drawing Board Over Efforts to Subpoena SEC’s Gary Gensler

  11-07-2024 21:21
  
  A federal judge encouraged Coinbase to drop – or at least substantially modify – its efforts to subpoena U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler’s personal communications during a hearing Thursday.
  
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• Germany Almost Done Selling Bitcoin, Holding Less Than 5K Tokens After Latest Moves

  11-07-2024 20:34
  
  There's less than 5,000 bitcoin left in wallets linked to German authorities after Thursday's transfers, down from the 50,000 BTC that was confiscated, blockchain data shows.
  
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• Analyst Predicts Major Gains for These Altcoins But Warn Against XRP and ADA

  11-07-2024 20:30 via newsbtc.com
  
  Amid the recent downturn in the global crypto market, a recent Crypto Banter Dylan’s Trading Show session has caught the eye with some bold claims regarding what comes next for Solana and Ethereum and some negative sentiment on XRP and ADA.
  Over the past years, crypto analysts in the industry have been discovering and analyzing patterns in the market because this could help them predict future directions. So far, a decrease in Bitcoin‘s dominance is considered good for altcoins.
  Acco
  
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• The most common cryptocurrency scams and how to avoid falling victim - WREG NewsChannel 3

  11-07-2024 20:23 via news.google.com
  The most common cryptocurrency scams and how to avoid falling victim  WREG NewsChannel 3
  
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• Cryptocurrency Security Standard (CCSS) - Deloitte

  11-07-2024 20:18 via news.google.com
  Cryptocurrency Security Standard (CCSS)  Deloitte
  
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• Cryptocurrency Security Standard (CCSS): Bridging the confidence challenge | Deloitte Malta | Technology - Deloitte

  11-07-2024 20:18 via news.google.com
  
  Cryptocurrency Security Standard (CCSS): Bridging the confidence challenge | Deloitte Malta | Technology  Deloitte
  
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• BitcoinBlack deal brings crypto payments to telehealth, prescription drugs

  11-07-2024 20:00 via cointelegraph.com
  Cardholders will be able to order and pay for prescriptions using crypto, the company says.
  
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• Why bitcoin’s potential extends beyond digital gold - TheStreet

  11-07-2024 19:47 via news.google.com
  
  Why bitcoin’s potential extends beyond digital gold  TheStreet
  
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• Bitcoin price will hit $330K this bull cycle — Analyst

  11-07-2024 19:47 via cointelegraph.com
  Institutions are buying as Bitcoin dips under $60,000 strengthens the long-term bullish outlook for BTC price.
  
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• FDIC nominee Goldsmith Romero says banks can custody digital assets

  11-07-2024 19:45 via cointelegraph.com
  The Federal Deposit Insurance Corporation Chair nominee stated her position amid the failure of Congress to overturn the SAB-121 veto.
  
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• DeFi apps targeted in apparent Squarespace DNS registry attack: Blockaid

  11-07-2024 19:35 via cointelegraph.com
  Several DeFi apps have been targeted by a domain hijacker who may have discovered an exploit in Squarespace’s registry system, Blockaid stated.
  
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• US House fails to overturn Biden’s veto on SEC crypto rule

  11-07-2024 19:25 via coinjournal.net
  
  US House voted 228-184 in favor of overriding President Joe Biden’s veto of H.J.Res. 109 on SAB 121.
  The vote however fell short of required two-thirds majority.The US House of Representatives has failed to override US president Joe Biden’s veto on legislation that sought to nullify SEC’s Staff Accounting Bulletin (SAB) 121.
  Biden vetoed H.J.Res. 109, a resolution that sought to disapprove of the SAB 121 on May 31, 2024. This came after the US Congress had passed H.J.Res. 109
  
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• Tony Blair Institute says AI is good for UK because ChatGPT said so

  11-07-2024 19:20 via cointelegraph.com
  According to the researchers, automation will save the U.K. billions starting almost immediately but outside analysts aren't so sure.
  
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• Cryptocurrency Price Movements Today: Bitcoin Stalls at $57K Despite Cooler Inflation - Investopedia

  11-07-2024 19:08 via news.google.com
  
  Cryptocurrency Price Movements Today: Bitcoin Stalls at $57K Despite Cooler Inflation  Investopedia
  
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• Portal introduces ‘PortalPay’ interoperability for blockchain gaming

  11-07-2024 19:00 via cointelegraph.com
  Portal aims to become the “Stripe of crypto” by lowering common barriers to entry for players eyeing blockchain video games.
  
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• Binance Bought A Whooping 41,000 BTC During The Dip: Did They Save The Bitcoin Market?

  11-07-2024 19:00 via newsbtc.com
  
  Bitcoin is moving sideways at press time, absorbing the wave of selling over the last week. Even though there are some optimists, the candlestick arrangement in the daily chart points to weakness.This preview, at least from a technical angle, remains as long as prices trend below the round number of $60,000 and the liquidation level at around $66,000.
  Binance Bought The Bitcoin Dip
  Amid the recovery, one analyst, pointing to interesting on-chain data, observed that when prices fell last week, so
  
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• Why I Chose Bitcoin Ordinals to Release ‘Frontline’

  11-07-2024 18:56
  
  Artist Alexis André explains the attraction of Bitcoin for releasing his latest generative art collection.
  
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• Cryptocurrency is Not the Paradigm Shift You’re Thinking About - hackernoon.com

  11-07-2024 18:56 via news.google.com
  
  Cryptocurrency is Not the Paradigm Shift You’re Thinking About  hackernoon.com
  
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• SEC Commissioner Grilled on Bitcoin ETFs as Senators Weigh U.S. Regulator Nominees

  11-07-2024 18:52
  
  Commissioner Caroline Crenshaw of the U.S. Securities and Exchange Commission (SEC) told senators on Thursday that rampant fraud in crypto markets left her unwilling to approve bitcoin exchange traded products earlier this year.
  
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• Crypto Bulls Frustrated as Bitcoin and Stocks Recouple – to the Downside

  11-07-2024 18:48
  
  A continuing series of record highs for the S&P 500 and Nasdaq over the past weeks has done nothing to prop up sliding crypto prices, but Thursday saw both asset classes tumbling together.
  
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• How Digital Collectibles Are Shaping Athlete Legacies

  11-07-2024 18:21
  
  NFTs and blockchain-based gaming are transforming the way we connect with pro sports, says Matt Novogratz, Co-Founder of Candy Digital.
  
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• Stop piling into leveraged Bitcoin ETFs — Consider this instead

  11-07-2024 18:17 via cointelegraph.com
  Leveraged Bitcoin ETFs are popular, but they often massively underperform the alternatives for crypto futures trading.
  
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• Stop piling into leveraged Bitcoin ETFs and consider this instead

  11-07-2024 18:17 via cointelegraph.com
  Leveraged Bitcoin ETFs are popular, but they often massively underperform the alternatives for crypto futures trading.
  
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• Life After Libra: How Facebook’s Failed Cryptocurrency Kicked off a Web3 Movement - CCN.com

  11-07-2024 18:17 via news.google.com
  
  Life After Libra: How Facebook’s Failed Cryptocurrency Kicked off a Web3 Movement  CCN.com
  
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• Coinbase Unveils Web App to Track Personal On-Chain Wallets

  11-07-2024 18:13
  
  Jumping in on a continued effort by wallet makers to simplify access and user experience, particularly for newcomers, Coinbase (COIN) is introducing an app that lets users manage all of their on-chain wallets and activities in one place, the company announced Thursday.
  
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• House fails to override Biden’s veto on nullifying SEC crypto rule

  11-07-2024 17:58 via cointelegraph.com
  Though the resolution overturning an SEC rule on banks handling crypto passed in the House in May, the legislation required at least 288 members to override President Biden’s veto.
  
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• Hacks, Rug Pulls Cost BNB Chain $1.6B Since Inception: Immunefi

  11-07-2024 17:51
  
  More than $1.6 billion has been lost to hacks and rug pulls on BNB Chain since 2017, making it the primary target for criminals, Immunefi said.
  
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• DePIN Doesn’t Need New Infrastructure

  11-07-2024 17:49
  
  The devices in our hands form the basis for a decentralized internet, says William Paul Peckham, Chief Business Officer of APhone.
  
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• Bitcoin Falls Out Of Step With US Equities, What This Could Mean For The Crypto Market

  11-07-2024 17:30 via newsbtc.com
  
  Recent data shows that Bitcoin has completely detached from US stocks. This is significant considering how the flagship crypto and these stocks had a positive correlation before now, which undoubtedly positively impacted Bitcoin and the broader crypto market.
  Bitcoin Has No Correlation With US Stocks
  Data from the market intelligence platform IntoTheBlock shows that Bitcoin’s correlation with the Nasdaq 100 and S&P 500 has dropped to -0.78 and -0.83, respectively. This means that Bitco
  
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• How GoMining is revolutionizing Bitcoin mining through NFTs

  11-07-2024 17:18 via cointelegraph.com
  How can retail investors profit from Bitcoin mining after the halving slashed profit margins?
  
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• Ethereum ETF inflows could hit $10B, sending ETH to new highs — analyst

  11-07-2024 17:15 via cointelegraph.com
  Expect ETH’s spot price to be more responsive to ETF inflows than BTC’s, says crypto investment manager Tom Dunleavy.
  
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• SEC will not pursue enforcement action against Paxos

  11-07-2024 17:02 via cointelegraph.com
  The stablecoin issuer received an SEC Wells notice in February 2023 warning of a potential lawsuit over Binance USD as an unregistered security.
  
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• Crypto for Advisors: Crypto and Compliance

  11-07-2024 17:00
  
  The coming years are crucial for compliance and risk in crypto. Beth Haddock discusses strategies advisors can take to protect their brand while serving clients as fiduciaries.
  
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• Bitcoin price CPI gains last just 1 hour as Mt. Gox sell-off fears linger

  11-07-2024 16:41 via cointelegraph.com
  A clutch CPI beat fails to buoy heavy crypto markets for long, with Bitcoin gaining then losing $1,000 within an hour.
  
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• Iggy Azalea's MOTHER Token Jumps Over 50% After Partnering With DWF Labs

  11-07-2024 16:14
  
  MOTHER jumped over 25% after the announcement to nearly 4 cents.
  
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• From Coin-Operated Machines to Token-Operated Gaming

  11-07-2024 16:13
  
  On-chain games that establish a community-driven governance model, where players actively participate in decision-making, provide real ownership and accountability to the gaming community, says Ben Rubin, CEO & co-founder, Towns.
  
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