Cryptocurrency News Headlines

By: theblock

Pelosi's deadline may mean that the infrastructure bill faces another truncated procedure before the House, in bad news for the crypto community. The post To pass budget, House Speaker Pelosi commits to finalizing infrastructure bill by Sept. 27 appeared first on The Block. Read more

By: cointelegraph

Derivatives data and strong fundamentals back retail and professional traders' bullish stance on ETH price. Read more

By: blockworks

A lack of foreign government debt-buyers means the Fed may have to step up to finance US debt. The post Luke Gromen: Fed Has Limited Tools to Prevent Debt Default appeared first on Blockworks. Read more

By: seekingalpha

Online art-dealing platform Takung Art (NYSE:TKAT) rose 29% after earlier jumping almost 60% at least partly fueled by social media promotion of the stock. Several posters on sites such as Stocktwits were promoting the the stock Takung Art shares soared in March, at one point hitting almost $54, om bullish sentiment about non-fungible tokens or NFTs. The NFT market appears to heating up again as CNBC reported that at picture of a rock sold for $1.3M yesterday. In addition, yesterday Visa stock rose after jumping into NFTs with purchase of a CryptoPunk. Takung Art short interest 7.1% of float. Read more

By: zycrypto

Bitcoin has been fiercely bullish in recent months. The world’s largest cryptocurrency by market cap recently peaked above $50,000, extending an impressive streak of gains that have driven the crypto market closer towards May highs. Nonetheless, on-chain data shows that the bitcoin network has not been processing many transactions per second even with the parabolic […] Read more

By: zycrypto

Investment management firm, VanEck, has withdrawn its recently filed Ethereum Strategy exchange-traded fund (ETF) application from the table of the Securities and Exchange Commission (SEC). VanEck last week announced that it had determined not to go ahead with the offering “at this time.” At the same time, ProShares, another assets management firm also pulled out […] Read more

By: ambcrypto

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice The last few days have seen ADA combat some bearish divergences and an overbought RSI to resume its northbound run. Its price, at press time, was 21% higher than its May all-time high. What’s […] Read more

By: decrypt

Crypto prices reversed course toward the end of a solid August, as the total market cap decreased by 4%. Read more

By: zycrypto

The amount of value locked on BENQI, a non-custodial liquidity decentralized finance platform, has now reached $1 billion since its launch on August 19. The massive traction comes after BENQI collaborated with Avalanche Foundation to launch a liquidity mining program to celebrate BENQI’s launch, according to a press release from the company. The launch of […] Read more