Cash News PHNOM PENH — Cambodia has blocked access to 16 cryptocurrency exchange websites, including Binance and Coinbase, but not their apps, highlighting the country’s struggle to manage the illegal but booming crypto market. Facing international pressure to improve its reputation as a hub for the cyberscam industry, the Cambodian government’s attempts to regulate cryptocurrency […]
Cash News Leading cryptocurrencies corrected Monday after the U.S. government moved nearly $2 billion in Bitcoin to new addresses. Cryptocurrency Gains +/- Price (Recorded at 7:45 p.m. ET) Bitcoin BTC/USD -1.56% $95,870.15 Ethereum ETH/USD -1.58% $3,641.51 Dogecoin DOGE/USD -4.99% $0.4231 What Happened: The world’s largest cryptocurrency dipped to an intraday low of $94,600 after on-chain […]
Cash News A crypto strategist who nailed the pre-halving Bitcoin (BTC) correction earlier this year says altcoins will likely rip once this large-cap coin takes center stage. Pseudonymous analyst Rekt Capital tells his 517,800 followers on the social media platform X that a bullish Ethereum (ETH) would be very favorable for the altcoin market. “An […]
Cash News Cryptocurrency ownership is gaining popularity across Central Asia and the Caucasus, according to a report prepared by a group of financial services companies. Uzbekistan has the highest adoption rate for crypto assets in the regions and ranks 33rd globally. The Russian-language report, titled Digital Assets in Central Asia and the Caucasus, shows that […]
Cash News This holiday season, spare some pity for crypto. To listen to many industry leaders, they are victims, a persecuted class of well-meaning innovators who are being iced out of the US banking system because they pose a disruptive threat to the status quo. Taking on the man, of course, has animated crypto since […]
Cash News Key Takeaways The US government moved 20,000 Bitcoin worth $1.9 billion to Coinbase from a Silk Road-related wallet. The wallet still contains approximately $18 billion in Bitcoin after the latest transfer. Share this article A crypto wallet linked to the US government just transferred approximately 20,000 Bitcoin, valued at $1.9 million, to Coinbase, […]
Cash News A new animal-based memecoin is surging to start the week, as Coinbase adds the crypto asset to its listing roadmap. Moo Deng (MOODENG), a crypto asset honoring the baby hippo who became an international sensation, soared 108% as the top US crypto exchange made the announcement. The Solana-based memecoin is now up 59% […]
Cash News An ex-Meta exec in charge of the company’s crypto Libra, later renamed Diem, says its shutdown was political. David Marcus reflected on the project’s demise in a social media post titled “How Libra Was Killed.” Diem Association sold its assets to crypto-focused bank Silvergate in January 2022 for $182 million. Meta’s former head […]
Cash News Bitcoin exchange-traded funds have been such a smashing success in the US that they now hold more than 1 million of the tokens, or about 5% of what currently exists. That’s in the same ballpark as the amounts that have long been frozen in the wallet of the market’s original whale: The cryptocurrency’s […]
Cash News FinTech and crypto investor Marc Andreessen kicked off a firestorm over the weekend by alleging, on Joe Rogan’s podcast, that those two sectors — and dozens of companies backed by his namesake firm, Andreessen Horowitz — were being fundamentally “debanked” by U.S. financial institutions (FIs). “Did you know that 30 tech founders were […]