Author: Crypto News
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Last updated: April 13, 2024 04:30 EDT | 2 min read Amidst growing concerns about national security and infrastructure vulnerabilities, China’s role in the cryptocurrency sphere has become a focal point of discussion. Historically, the U.S. has taken firm actions against perceived threats from Chinese technology companies such as Huawei and TikTok. The stakes are higher with cryptocurrencies, as Bitcoin mining operations could potentially serve as a hardware layer that’s deeply integrated into critical U.S. systems, including energy and telecommunications infrastructures.Chinese Firms Control ASIC MarketsBitcoin mining, the process of introducing new coins into circulation and securing the network, relies heavily on sophisticated…
Last updated: April 12, 2024 20:18 EDT | 1 min read Source: Screenshot of video via Sen. Elizabeth Warren’s YouTube page Crypto-supportive litigator John Deaton is off to a strong start in his bid to displace Massachusetts Senator Elizabeth Warren from her place in Parliament – at least when it comes to fundraising.John Deaton’s Campaign FundraisingAs reported by Eleanor Terret of Fox Business, the lawyer-turned-senate hopeful raised $1.36 million for his campaign Q1, compared to Warren’s $1.1 million.“According to his campaign, Deaton has received donations from prominent figures in the crypto industry such as Ripple execs Brad Garlinghouse, Chris Larsen,…
Last updated: April 12, 2024 19:29 EDT | 3 min read Top Crypto Gainers Today on DEXTools – 420, WOPE, PEP / Source: CryptonewsOn a day where cryptocurrency markets were roiled by geopolitical tensions in the Middle East and most major altcoins posted declines of north of 10% in the past 24 hours, traders flocked to the on-chain shitcoin markets to find top crypto gainers today.Israel is braced for a counterattack from Iran after they recently took out IRGC military leaders in Syria. Reports emerged on Friday that the US is moving warships to ready itself to defend Israel. 🚨🇺🇸🇮🇱…
Last updated: April 13, 2024 11:14 EDT | 3 min read Toncoin (TON) recently experienced a price jump after announcing its collaboration with Telegram. On the other hand, Polkadot price witnessed a bearish momentum amid increased volatility, although experts are optimistic about Polkadot’s (DOT) prospects.Meanwhile, Algotech (ALGT) has been a topic of interest among smart investors as it guarantees an 87.5% ROI. Explore how Algotech (ALGT) compares to Toncoin (TON) and Polkadot (DOT).Algotech’s (ALGT) Presale Momentum Captures Market AttentionAlgotech (ALGT) is a new presale crypto prioritizing accountability within its trading processes. This capability allows for thorough verification and validation of…
Last updated: April 12, 2024 18:43 EDT | 2 min read XRP Price Prediction Amid 11% Dump to $0.54 – Recovery to $1 Incoming? / Source: Adobe The XRP (XRP) price came under heavy selling pressure on Friday, dumping 11% to $0.54 amid a crash in altcoin markets due to rising concerns about a potential US/Israel versus Iran war.Israel is braced from a counterattack from Iran after they recently took out IRGC military leaders in Syria. Reports emerged on Friday that the US is moving warships to ready itself to defend Israel. 🚨🇺🇸🇮🇱 JUST IN: The United States has pledged…
Last updated: April 12, 2024 17:55 EDT | 1 min read The collapse of Australia crypto mining company NGS leaves hundreds of investors facing huge financial losses. Image by Sujha Sundararajan, Midjourney. The Australian Securities and Investments Commission (ASIC) has received a nod from a Federal Court to appoint receivers for digital assets held by a group of collapsed crypto mining companies and their sole owners.ASIC Takes Action Against Collapsed Crypto Mining CompaniesASIC launched civil proceedings against three crypto-mining firms, collectively known as NGS Companies. The proceedings also included the directors of these mining schemes: Brett Mendham, Ryan Brown, and…
Last updated: April 12, 2024 17:17 EDT | 2 min read Robert Kiyosaki’s entrepreneurial spirit leads him to prefer direct ownership of assets like Bitcoin over Wall Street financial products. On April 12, Robert Kiyosaki, the renowned author of “Rich Dad, Poor Dad,” expressed his lack of interest in investing in spot Bitcoin exchange-traded funds (ETFs) and any other “Wall Street financial products.”The New York Times best-selling author, who has been a stoic supporter of Bitcoin over the years, noted that he favors direct ownership of physical assets due to his entrepreneurship pathway.Robert Kiyosaki Claims Bitcoin ETFs Are For InstitutionsIn…
Last updated: April 12, 2024 17:03 EDT | 3 min read Cryptocurrency Prices Dump As Middle Eastern Tensions Trigger Risk-off Panic – Here’s The Latest / Source: Cryptonews Cryptocurrency prices dumped on Friday as rising Middle Eastern tensions triggered risk-off panic selling across financial markets, with Bitcoin (BTC) losing 5% in the past 24 hours to fall under $67,000, and Ether (ETH) dropping 9% to the $3,200 area.Israel is braced from a counterattack from Iran after they recently took out IRGC military leaders in Syria. Reports emerged on Friday that the US is moving warships to ready itself to defend…
Last updated: April 12, 2024 16:15 EDT | 2 min read Craig Wright has dropped his Norwegian defamation appeal against Hodlonaut in a case stemming from Wright’s claims that he is Satoshi Nakamoto. Image by Julia Smith, Midjourney. Craig Wright, the Australian computer scientist claiming to be Bitcoin’s creator Satoshi Nakamoto, has dropped his appeal in a Norwegian defamation case against the well-known Bitcoiner Hodlonaut (a.k.a. Marcus Granath), according to a statement released on X Thursday.Marcus Granath Celebrates As Norway Appeal Is DroppedGranath first found himself in legal hot water with Wright when he took issue with a series of…