Cryptocurrency news

• Square-Enix backs blockchain-based football MMO ‘Soccerverse’

  12-07-2024 23:55 via cointelegraph.com
  The game uses the Polygon blockchain and currently runs in most browsers.
  
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• BMTEX Exchange: Leading the New Wave of Cryptocurrency Trading, Creating a Secure, Efficient, and Convenient One-Stop Trading Platform - Coinspeaker

  12-07-2024 23:46 via news.google.com
  BMTEX Exchange: Leading the New Wave of Cryptocurrency Trading, Creating a Secure, Efficient, and Convenient One-Stop Trading Platform  Coinspeaker
  
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• SOL struggles to reclaim $145, but Solana network fundamentals remain solid

  12-07-2024 23:43 via cointelegraph.com
  Solana’s onchain and derivatives metrics show no signs of stress, possibly paving the way for a rally to $160.
  
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• German government offloads its final Bitcoin holdings

  12-07-2024 23:33 via cointelegraph.com
  The German government officially has zero BTC left after weeks of dumping its reserves onto the market, suppressing the price.
  
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• Cryptocurrency: 3 Meme Coins to Double Your Money This Month - Watcher Guru

  12-07-2024 23:33 via news.google.com
  
  Cryptocurrency: 3 Meme Coins to Double Your Money This Month  Watcher Guru
  
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• BMTEX Exchange: Leading Global Cryptocurrency Trading Platform, Driving Financial Innovation - Coinspeaker

  12-07-2024 23:22 via news.google.com
  BMTEX Exchange: Leading Global Cryptocurrency Trading Platform, Driving Financial Innovation  Coinspeaker
  
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• Will UK Economic Secretary follow through with a ‘crypto crackdown’?

  12-07-2024 23:08 via cointelegraph.com
  MP Tulip Siddiq called for crypto regulation as shadow economic secretary while in the opposition, and now the Labour Party is in control of the UK government.
  
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• Dough Finance Suffers Flash Loan Attack

  12-07-2024 23:08 via coinjournal.net
  
  An attacker has stolen about $1.8 million from funds on Dough Finance.
  This attack has brought to light some security issues on the platform.
  Not all Dough Finance users were affected.In a shocking turn of events, a flash loan attack has hit some Dough Finance users badly, robbing them of thousands of dollars. On June 12, 2024, Cyvers, a security company that provides real-time detection and prevention of crypto attacks, detected suspicious activity on the protocol.
  Immediately after the compan
  
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• Cryptocurrency: 3 Meme Coins To Watch For Bullish July Returns - Watcher Guru

  12-07-2024 23:03 via news.google.com
  
  Cryptocurrency: 3 Meme Coins To Watch For Bullish July Returns  Watcher Guru
  
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• Who is using cryptocurrency? - USAFacts

  12-07-2024 22:44 via news.google.com
  
  Who is using cryptocurrency?  USAFacts
  
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• Trading platform Abra purchased Valkyrie’s crypto trusts: Report

  12-07-2024 22:37 via cointelegraph.com
  Abra purchased the trusts amid a settlement with 25 US state regulators connected to financial licensing violations.
  
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• Market Strategist Predicts 32% Stock Market Crash, How Will This Affect Crypto?

  12-07-2024 22:30 via newsbtc.com
  
  Peter Berezin, chief global strategist at BCA Research, has predicted that the stock market will experience a significant crash by 2025. His prediction is noteworthy, given the impact that a decline in the stock market could have on the crypto market.
  Market Expert Predicts 32% Crash In Stock Market
  Berezin mentioned in an interview that the S&P 500 will decline by 32% and drop to 3,750 by next year. He explained that this downtrend would occur due to a recession in the US, which he predicts
  
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• Final signoff on spot Ether ETFs expected imminently, listings next week — source

  12-07-2024 22:27 via cointelegraph.com
  Spot ETF issuers expect to receive final comments from regulators by early next week, and possibly as soon as July 12.
  
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• Taking Steps Toward Federal Blockchain and Cryptocurrency Regulation | Sullivan & Worcester - JD Supra

  12-07-2024 21:46 via news.google.com
  
  Taking Steps Toward Federal Blockchain and Cryptocurrency Regulation | Sullivan & Worcester  JD Supra
  
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• Taking Steps Toward Federal Blockchain and Cryptocurrency Regulation - JD Supra

  12-07-2024 21:46 via news.google.com
  
  Taking Steps Toward Federal Blockchain and Cryptocurrency Regulation  JD Supra
  
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• Crypto hacks top $1.4B, MetaMask streamlines Web3 onboarding: Finance Redefined

  12-07-2024 21:01 via cointelegraph.com
  Centralized exchanges are becoming the new ground zero for hackers, as shown by a 900% increase in losses year-over-year.
  
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• XRP Price Eyes Colossal 280% Breakout Amid CME Group Partnership

  12-07-2024 21:00 via newsbtc.com
  
  The XRP price has outperformed its peers among the top ten largest cryptocurrencies on the market, experiencing a significant surge of 13.5% in the past week alone after experiencing a sustained decline from its yearly high of $0.745 in March. 
  With an eye on a key Fibonacci level, the eighth largest cryptocurrency by market capitalization, currently valued at $26 billion, is poised for a potential price explosion that could send the XRP price to new yearly highs, coupled with a bullish ann
  
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• Bitcoin risks 30% loss against XRP if ‘triple bottom’ confirms

  12-07-2024 20:45 via cointelegraph.com
  XRP has significantly lagged behind Bitcoin in 2024, but a recent Mt. Gox- and German government-led sell-off in the BTC market may spark renewed interest in the altcoin.
  
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• Bitcoin risks 30% loss against XRP if 'triple bottom' confirms

  12-07-2024 20:45 via cointelegraph.com
  XRP has significantly lagged behind Bitcoin in 2024, but a recent Mt. Gox and German government-led sell-off in the BTC market may spark renewed interest in the altcoin.
  
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• DePIN Can Power a More Sustainable GenAI Industry

  12-07-2024 20:44
  
  The AI boom is overloading data centers and straining traditional energy resources. Can decentralization, in the form of DePIN, offer a solution? Mitch Liu, CEO and Co-Founder of Theta Network, makes the case.
  
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• Conduct Versus Code May Be the Defining Question in Roman Storm Prosecution

  12-07-2024 20:23
  
  Prosecutors and Roman Storm's attorneys met in court Friday to argue over motions to dismiss the charges against the developer and address evidentiary questions.
  
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• Fed Might Focus on Weakening Labor Market Rather Than Inflation as it Mulls Rate Cuts: Economists

  12-07-2024 20:09
  
  A weakening labor market could persuade the Fed to cut rates even as inflation is not yet back to the Fed's 2% goal.
  
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• Cryptocurrency Price Movements Today: Bitcoin Stabilizes, JPMorgan Predicts August Rebound - Investopedia

  12-07-2024 19:51 via news.google.com
  
  Cryptocurrency Price Movements Today: Bitcoin Stabilizes, JPMorgan Predicts August Rebound  Investopedia
  
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• CBASOX Announces Global Alliance Initiative to Build an Open Cryptocurrency Ecosystem - AccessWire

  12-07-2024 19:49 via news.google.com
  
  CBASOX Announces Global Alliance Initiative to Build an Open Cryptocurrency Ecosystem  AccessWire
  
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• Price analysis 7/12: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

  12-07-2024 19:38 via cointelegraph.com
  Retail and institutional traders have been buying Bitcoin on the dips, and the early-stage recovery in select altcoins suggests that the crypto market is in a bottoming stage.
  
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• CME Group and CF Benchmarks Announce Two New Cryptocurrency Indices - Funds Society

  12-07-2024 19:37 via news.google.com
  
  CME Group and CF Benchmarks Announce Two New Cryptocurrency Indices  Funds Society
  
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• 6,400 Ethereum Mystery Move Sparks ETH Rally Talk Pre-ETF Nod

  12-07-2024 19:30 via newsbtc.com
  
  As more and more investors choose to keep their Ethereum assets frozen rather than actively selling them, the Ethereum ecosystem suddenly finds itself severely short of supplies. The second-largest cryptocurrency in the world could face serious challenges going forward depending on the planned behavior of market players.Ethereum Supply Tightens Up
  The first sign of this supply gap came earlier this month when an unknown market player moved a staggering 6,400 Ethereum to the Beacon Chain deposito
  
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• Government agencies split on cryptocurrency regulations - Axios

  12-07-2024 19:17 via news.google.com
  
  Government agencies split on cryptocurrency regulations  Axios
  
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• SEC drops investigation of Bitcoin Stacks developer Hiro — filing

  12-07-2024 19:16 via cointelegraph.com
  This is the second crypto investigation the U.S. securities regulator dropped this week.
  
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• Ignoring quantum threats in CBDC design is reckless

  12-07-2024 19:01 via cointelegraph.com
  The real threat of a CBDC lies in quantum computing vulnerabilities. Developing a quantum-resistant design should be a priority for the United States.
  
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• MakerDAO's $1B Tokenized Treasury Investment Plan Draws Interest from BlackRock's BUIDL, Ondo, Superstate

  12-07-2024 18:47
  
  MakerDAO's competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space.
  
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• Elon Musk’s X could face $200M EU fines over alleged DSA violations

  12-07-2024 18:41 via cointelegraph.com
  At the heart of the findings are the “blue check” verification systems and X’s alleged obfuscation of data.
  
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• Bitfarms calls October shareholder meeting amid attempted Riot takeover

  12-07-2024 18:30 via cointelegraph.com
  Riot Platforms holds just under a 15% stake in Canadian mining firm Bitfarms and hopes to replace key board members with picks seeming favorable to its interests.
  
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• Why Blockbuster Games Will Soon Be Built on Modular Appchains

  12-07-2024 18:09
  
  Mainnets like Ethereum’s aren’t suitable for major (AAA) game development. The only real solution is a horizontally scalable blockchain coupled with modularity and a gas-free experience for end-users, says Jack O’Holleran, CEO of SKALE Labs.
  
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• Is $73,000 The Top For Bitcoin? Analyst Identifies Where BTC Is In This Cycle

  12-07-2024 18:00 via newsbtc.com
  
  In March, Bitcoin hit an all-time high above $73,000, sparking debates amongst market watchers and analysts about whether the cryptocurrency  has hit its top this cycle. However, a crypto analyst has provided an in-depth analysis of Bitcoin’s recent price movements and future outlook, suggesting that the pioneer cryptocurrency still has substantial upside momentum ahead. 
  Analyst Says Bitcoin Has Reached Second Early Cycle Top
  On July 11, a crypto analyst identified as ‘Cry
  
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• CBASOX Introduces Anti-Addiction System to Promote Healthy Cryptocurrency Trading Habits - AccessWire

  12-07-2024 17:59 via news.google.com
  
  CBASOX Introduces Anti-Addiction System to Promote Healthy Cryptocurrency Trading Habits  AccessWire
  
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• Bitcoin bottom signal? German gov’t runs out of BTC to sell

  12-07-2024 17:46 via cointelegraph.com
  Bitcoin price could be on track to begin the reaccumulation phase as the German government is down to its last few thousand BTC.
  
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• Traditional Money Launderers Appear to Be Using Crypto, Chainalysis Says

  12-07-2024 17:31
  
  The crypto tracing company's latest report shines a light on potential money laundering.
  
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• 'God Bless Bitcoin' doc makes moral case for cryptocurrency as alternative to 'corrupt' financial system - The Christian Post

  12-07-2024 17:19 via news.google.com
  
  'God Bless Bitcoin' doc makes moral case for cryptocurrency as alternative to 'corrupt' financial system  The Christian Post
  
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• XRP Is the Sole Crypto Major in Green as Bitcoin Bulls Remain Sidelined

  12-07-2024 16:42
  
  BTC prices fell after Thursday’s U.S. CPI readings, dragging down the broader crypto market.
  
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• Key BTC price levels emerge as Bitcoin hits $58K on ‘sticky’ US PPI

  12-07-2024 16:42 via cointelegraph.com
  Bitcoin edges higher while the US dollar flags on the latest PPI inflation data, but BTC price strength has yet to convince analysts.
  
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• Key BTC price levels emerge as Bitcoin hits $58K on 'sticky' US PPI

  12-07-2024 16:42 via cointelegraph.com
  Bitcoin edges higher while the US dollar flags on the latest PPI inflation data, but BTC price strength has yet to convince analysts.
  
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• Litecoin Is A Hub Of Whales: Over $2.85 Billion Of $100,000 Transactions Processed

  12-07-2024 16:30 via newsbtc.com
  
  Litecoin has been under intense selling pressure in the past few months. After peaking in April, the coin has been trending lower, looking at the arrangement in the daily chart.There is strength at spot rates. So far, LTC is up 20% from July lows and continues to peel back losses. The expansion in price also comes amid other positive developments, at least from on-chain developments.
  Is Litecoin A Whale Haven?According to IntoTheBlock, there has been a significant uptick in on-chain transfers on
  
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• SEC Drops Investigation of Bitcoin L2 Stacks and Builder Hiro, Filing Says

  12-07-2024 16:11
  
  The conclusion of the probe into the company formerly known as Blockstack, which raised $70 million via token sales from 2017 to 2019, is another win for the crypto industry in its years-long struggle with the regulator.
  
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• Genesis Trading has moved 12.6k BTC to Coinbase, signaling start of asset liquidations

  12-07-2024 16:02 via coinjournal.net
  
  Genesis Trading has transferred 12,600 BTC ($719.9M) to Coinbase, possibly for asset liquidations.
  Resent settlement with NY requires $2B repayment, impacting Genesis’ financial strategy.
  The BTC transfer suggests Genesis aims to fulfill legal obligations, reassure investors promptly.Over the past month, a wallet associated with Genesis Trading has transferred over 12,600 Bitcoin (BTC) totaling approximately $719.9 million to to Coinbase according to data from Arkham Intelligence.
  This su
  
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• Cryptocurrency Adoption: Will Bitcoin and Ethereum Ever Become Mainstream Payment Methods? - Cryptonews

  12-07-2024 15:38 via news.google.com
  
  Cryptocurrency Adoption: Will Bitcoin and Ethereum Ever Become Mainstream Payment Methods?  Cryptonews
  
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• Switching from MetaMask? Here are 5 alternative crypto wallets

  12-07-2024 15:31 via cointelegraph.com
  Which cryptocurrency wallets are good alternatives to MetaMask?
  
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• CoinDesk 20 Performance Update: XRP Gains Amid Overall Index Decline

  12-07-2024 15:23
  
  The CoinDesk 20 index saw a slight drop with XRP and ADA recording positive movements.
  
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• SEC Drops Investigation of Bitcoin L2 Stacks Builder Hiro, Filing Says

  12-07-2024 15:22
  
  The conclusion of the probe into the company formerly known as Blockstack, which raised $70 million via token sales from 2017 to 2019, is another win for the crypto industry in its years-long struggle with the regulator.
  
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• EU endorses relational blockchain initiative for sustainable solutions

  12-07-2024 15:20 via cointelegraph.com
  The European Union has confirmed its collaboration with ChromaWay to develop blockchain-based sustainability solutions, focusing on Digital Product Passports and Intellectual Property Rights.
  
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