Cryptocurrency News

. Billionaire investor Carl Icahn warned Tuesday that the next market crisis may be on the horizon, and Bitcoin could be the best hedge against inflation.With the United States government continuing to stimulate the economy, Icahn stated that he fears the dollar is becoming more devalued and that the price of goods is rising.

A high-profile blockchain lobby group is urging United States lawmakers to adopt a “technology-neutral” approach when it comes to stablecoin regulation, arguing that dollar-pegged cryptocurrencies do not pose a system risk to the financial system.In a 17-page letter addressed to the President’s Working Group on Financial Markets, which includes regulators from the Department of Treasury and

. SEC Chair Gary Gensler and Proshares CEO Simeon Hyman discussed the launch of the first Bitcoin-linked ETF in a CNBC breaking news segment on Tuesday.Proshares Bitcoin Strategy ETF, also known as BITO, is based on CME Bitcoin futures contracts. CNBC commentator Bob Pisano shared concerns from some investors that BTC futures could deviate from the BTC spot price:Coin Te

Crypto lending firm Celsius Network has confirmed it is one of three platforms requested to provide information to the New York Attorney General’s office.In a Tuesday blog post, Celsius said it was not one of the two unnamed crypto lending platforms that New York Attorney General Letitia James ordered to “cease any and all such activity” around selling or offering cryptocurrencies. Rather, C

. Pop icon Mariah Carey is the latest celebrity to embrace Bitcoin (BTC) through the Winklevoss-led Gemini cryptocurrency exchange, offering another sign that digital assets are becoming mainstream. In a video message to her 10.2 million Instagram followers, Carey announced Tuesday that she is partnering with Gemini to boost Bitcoin adoption and support girls of color in their pursuit of ST

2/2Reuters. A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 18, 2021. /Edgar Su2/2By John McCrank NEW YORK -The first U.S. bitcoin futures-based exchange-traded fund began trading on Tuesday, sending bitcoin to a six-month high and just off its all-time peak, as traders bet the ETF could boost investment flows i

The rapidly evolving realm of decentralized finance (DeFi) has brought a new level of utility and value to the cryptocurrency ecosystem in 2021 but has also provided nefarious actors with numerous exploits in siphoning profits and tokens away from unsuspecting investors. In the past few days, KeeperDAO (ROOK), a DeFi protocol that allows participants to trade, borrow and stake assets with protecti

. Douglas Rodriguez, president of the Central Reserve Bank of El Salvador, has dismissed fears that the country adopting Bitcoin (BTC) as legal tender will scupper plans for a $1.3-billion loan facility from the International Monetary Fund (IMF).According to on Tuesday, Rodriguez stated that the central bank does not see any risks associated with the Bitcoin Law even as it prepare

Major cryptocurrency exchange Coinbase (NASDAQ:COIN) has inked a deal with the National Basketball Association, giving the platform the opportunity to educate basketball fans on crypto.In a Tuesday announcement, Coinbase said it would become the exclusive cryptocurrency platform partner of the National Basketball Association, or NBA, Women’s National Basketball Association, NBA G League, NBA 2K

The Cosmos cross-chain network is building a new blockchain aimed at allowing developers to experiment with different protocols.In its quarterly keynote report published on Tuesday, Cosmos said its Sagan blockchain was currently in development. The project teased the release of the blockchain in a video message with a quote from famous astronomer Carl Sagan and a picture of a canary among the star

Iconic Marvel Cover Adaptations by Rob Prior of Stan Lee as Characters to Go on Blockchain AuctionMarvel fans assemble! You’re all in for a real treat this month, as 10 striking works of art by celebrated pop artist and performance painter Rob Prior, each signed by comic book legend Stan Lee, will go on a special auction by Mogul Productions, a global non-fungible token (NFT) marketplace and dec

. Blockchain analytics firm Chainalysis plans to purchase an undisclosed amount of Bitcoin for the firm’s balance sheet through New York Digital Investment Group’s brokerage services.In a Tuesday blog post, Chainalysis said it will expand its partnership with the New York Digital Investment Group, or NYDIG, to buy an undisclosed amount of Bitcoin (BTC), the price of which reached a five

Plugin (PLI) Price Surges, Gains Over 67% After Its ListingPlugin launches on Bitrue.The PLI token gained a 676.84% increase in the 24 hours of listing.At the time of writing, the PLI price is 0.8381, and a 24-hour trading volume of $479,029.78.To solve high gas fees and provide a stable system, decentralization is prevailing in the crypto space. This is what oracle service provider Plugin aims to

. A favorable macro environment, strong on-chain fundamentals and the approval of new futures-based exchange-traded funds (ETFs) in the United States are set to launch Bitcoin (BTC) to new all-time highs this quarter, according to a survey of fintech industry specialists commissioned by Finder.The 50-person industry panel expects Bitcoin to peak just above $80,000 this quarter before ending

Zunami Protocol Announces Its Global Ambassador ProgramZunami Protocol — the first Decentralized Revenue Aggregator.This article describes the Zunami Protocol, along with its benefits and advantages.Also, this shows how to join the Zunami Protocol cause.The crew behind the first Decentralized Revenue Aggregator is thrilled to welcome more new users into the DeFi realm and the world of high profi

. Cardano (ADA) has formed a deadly "death cross" on its daily chart against Bitcoin (BTC) — a market signal that's generally seen as a warning of more downside in the near term.The ominously-titled indicator kicks in when an asset's short-term moving average closes below its long-term moving average. In doing so, it calls for technically-minded traders to increase their bearish positions

5 DeFi Projects with a Powerful Outlook in the IndustryThe world has seen the endless possibilities that DeFi has to offer.Today, there are 5 DeFi projects that are transforming the finance industry.This article clearly describes these 5 DeFi projects.In 2021, it’s all about smart money management. The blockchain-fueled economy made the dream of achieving one’s financial freedom come true. Whi

Takeaways from Texas Blockchain Summit: Can Miami and Texas Build Safe Haven for Mining and Blockchain?Following China’s ban on cryptos and mining, Miami and Texas are looking to become dominant hubs in North AmericaMiami and Texas, two pro-crypto regions, have policies that have attracted miners and blockchain developers to the regionTexas now accounts for more than 14% of the Bitcoin hash rate

. Is Bitcoin Overbought or Oversold?Hedge fund manager Mark Yusko is bullish on the long-term price of Bitcoin.Yusko forecasts that in the short term, there could be a consolidation of the price and warns of a possible reversal.The price of BTC could reach $250,000 in five years and be as valuable an asset as gold.Bitcoin has gained ground strongly in the last two weeks creating excitement

. Social media giant Facebook (NASDAQ:FB) has tapped Coinbase (NASDAQ:COIN) and Paxos for its forthcoming Novi digital wallet project, which kicked off its pilot testing phase in the United States and Guatemala on Tuesday. Beginning Tuesday, a small cohort of users in both countries will be able to download the Novi digital wallet app on iPhone or Android devices and add money to their acco

The market for nonfungible token, or NFT, digital artwork is taking on the traditional art industry. Within the first six months of 2021, analytics firm DappRadar recorded $2.5 billion in NFT sales, showing a major increase from the $13.7 million in sales during the same time period in 2020. Christie's auction house reported $93.2 million in NFT sales during the first half of 2021. In addition to

Biden Administration Says Digital Assets Minimize US Sanction RuleBiden’s administration cautions that digital assets reduce the US sanction program.The authority emphasized this based on the numerous downsides posed by digital assets.At the same time, the US has put in place over 9,000 sanction regimes targeting North Korea and Iran. US President Biden’s administration has come out to warn th

2/2Reuters. A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken October 18, 2021. /Edgar Su2/2By John McCrank and Tom Wilson NEW YORK/LONDON -The first U.S. bitcoin futures-based exchange-traded fund began trading on Tuesday, sending bitcoin to a six-month high and within striking distance of its all-time peak, as traders b

. Bitcoin (BTC) hit $63,000 on Oct. 19 as the debut of the first regulated Bitcoin exchange-traded fund (ETF) saw solid uptake.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting its highest levels since April 16 as the ProShares Bitcoin Strategy ETF began trading under the ticker BITO on the New York Stock Ex

. Facebook Partners with Coinbase for Novi Digital WalletFacebook (NASDAQ:FB) chose Coinbase (NASDAQ:COIN) as its custody partner for Novi.Novi is a new digital wallet that lets people send and receive money abroad.Coinbase supports Novi through their Coinbase Custody arm.Facebook has recently collaborated with Coinbase to be its custody partner for the pilot of Novi. The product is a new d