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News and Articles by Anahit

Bull and bear markets explained

What Are Bull and Bear Markets?


Bull and Bear markets are financial terms that describe the trends and conditions of the market at a particular period of time. A bull market means that the price of the stocks is rising in terms of a longer period. A bear market is just the opposite. There is a price decrease in the market for a...

Tyler Winklevoss on Bitcoin Ban

Tyler Winklevoss Says BTC Left Behind the Risk of US Ban


The Gemini CEO Tyler Winklevoss believes it's unlikely Bitcoin will get banned in the US. First, he expressed this opinion via a tweet on March 27. Later, on April 3 Winklevoss brothers had an interview with Peter McCormack in terms of the "What Bitcoin Did" podcast. Another fun...

Ethereum above $2080

Eth Price Reaches New Highs


The price of Ethereum (ETH), the second largest cryptocurrency by market cap reached a new all time high of $2.150. The previous high of $2.050 was set on February 20. Since then it's the second time Eth has surpassed $2.000. Ethereum is the most popular cryptocurrency investment choice after...

Peter Schiff another BTC tweet

Peter Schiff Made an April 1 Joke About Bitcoin


On April 1, American stockbroker, financial strategist, and radio personality Peter Schiff tweeted about Bitcoin saying he changed his mind about the cryptocurrency. This was great as the businessman is one of the biggest Bitcoin critics and thinks that the coin is a bubble. However, later Schiff...

IRS Circle crypto

IRS Will Get the Information About Circle's Crypto Traders


The US tax regulator IRS (Internal Revenue Services) will access the details about crypto exchanges above $20,000 that took place on the Circle platform from 2016 to 2020. The US Department of Justice published the decision on April 1. IRS's request to employ John Doe Summons to reach the data was...

Bitcoin mining difficulty

BTC Mining Difficulty Reaches New Highs


BTC mining difficulty has gone up to new highs after a comparatively slower period of few months. Data reveals that the Bitcoin network's mining difficulty indicator reached 23.14 Trillion on April 1, 2:00 UTC. This is 5.82 higher than the previous record set on March 20. In terms of the...

Bitcoin performance

Bitcoin Is Seeing Its Best Performance Since 2013


BTC has been seeing the best quarter of its performance after the year 2013. The first quarter of 2021 came to the end. The majority of top cryptocurrencies have made progress during this interval. The entire market cap of all crypto assets stands at around $1.9 trillion currently. Bitcoin trades...

The Weeknd NFT song

The Weeknd Tells More Details About His NFT


Performer, songwriter, and record producer the Weeknd revealed introducing his first NFT on the digital art platform Nifty Gateway on April 2. The sale is planned to begin at 2 PM EST. Excited to announce that my first NFT drop is taking place on Saturday at 2:00 pm EST on @niftygateway. The...

Enjin Polkadot NFTs

Enjin Launches Polkadot-Powered Blockchain for NFTs


Video game community and creation protocol Enjin has gathered $18.9 M to bring out an innovative blockchain on Polkadot, created for Non-Fungible Tokens. In a blog post, issued on March 31, the team presented the blockchain Efinity. Enjin boosted nearly $19 M to support the project in the...

Filecoin Reaches new highs

Filecoin Now Is Among the Top 10 Tokens by Market Cap


FIL, the native token of a decentralized protocol Filecoin, has seen significant price growth. At the moment the token trades at around $210.68 and ranks the ninth in terms of market capitalization which is above $13.3 billion. The interest in investing in FIL has been surging. On March 17, asset...

Goldman Sachs crypto

In Q2 Goldman Sachs Will Bring Out BTC Investment Product


New York-based international financial services company Goldman Sachs plans to offer investors crypto products during quarter 2 of 2021. The company's global head of digital assets for the bank's private wealth management division Mary Rich revealed the news in terms of the interview held by CNBC....

FCA crypto

UK Crypto Firms to Issue Yearly Financial Crime Reports


The regulatory agency of the United Kingdom, Financial Conduct Authority (FCA) said that crypto assets firms refer to the class of organizations that must deliver financial reports of crime (REP-CRIM) annually. We have published our policy statement, which will see #crypto asset businesses added...

SEC vs Ripple

XRP Owners' Appeal to Take Part in the Trial Is Granted


On March 29, the U.S. district court of New York issued an answer to the request made by XRP holders. Judge Analisa Torres approved their appeal to be engaged in the SEC’s lawsuit against Ripple Labs as third-party defendants. As stated in the released decision, XRP holders can file their motion...

Coinbase hired  Brett Redfearn

Coinbase Employed Ex-SEC Officer Brett Redfearn


Leading cryptocurrency trading platform Coinbase has employed a previous executive of the SEC's Trading and markets section Brett W. Redfearn before going public with direct placement on Nasdaq. Brett Redfearn's position at Coinbase is Capital Markets' head. He is an experienced specialist serving...

Tether assurance report

Tether Shared an Assurance Report


Tether stablecoin 1:1 backed to USD, issued a certitude report carried out by accounting operations provider Moore Cayman. The paper states that USDT units are 100% sustained. Earlier, Paxos stablecoin released a similar report. Moore Cayman's estimations show that Tether’s holdings as of Feb....

PayPal allows crypto

PayPal Allows U.S. Clients to Pay Merchants with Crypto


Major payments entity PayPal announced enabling US clients to pay merchants from over the world with crypto. Specifically, users holding BTC, Eth, Bitcoin Cash (BCH), and Litecoin (LTC) in PayPal wallets will have the option to exchange them with fiat money at checkouts for trading. PayPal's Chief...


SEC Files a Complaint Against Blockchain Network LBRY


On March 29 the U.S. SEC has submitted a suit against the distributed content protocol LBRY. The agency stated LBRY is trading unlisted securities via its native cryptocurrency and that there is a violation of the Securities Act of 1933. LBRY is a decentralized project created for content. Its...

Ripple Tranglo partnership

Ripple Becomes the Owner of a 40% Stake in Tranglo


Blockchain solutions company Ripple, which created the token XRP announced acquiring a 40% stake in Asian cross-border transfers firm Tranglo. The goal of this cooperation is to extend RippleNet’s On-Demand Liquidity (ODL) services in Asia. Tranglo and Ripple's cooperation suggests supporting the...

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