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Researchers at the BIS are convinced that the coronavirus pandemic will accelerate the spread of online payments and update issues related to national digital currencies. A new BIS report states that COVID-19 is changing the general public's attitude toward cash, even though the prevailing opinion...
Bitcoin Depot, the largest Bitcoin ATM operator in the US, disables some of them to prevent the spread of the COVID-19 epidemic. First of all, this applies to devices installed in places with high traffic to help to distance people in an epidemic. According to the company, about 10% of its ATMs...
The Spanish Tax Agency will send notifications to taxpayers who carry out operations with cryptocoins. The agency noted that over the year their number has quadrupled. This is reported by Europa Press. For the first time, Spanish crypto investors received notifications from the tax last year, their...
Mining device manufacturers cut prices ahead of the halving of the first cryptocurrency. In some cases, the cost of miners dropped by 20%. Another reason was the March market crash. MicroBT now has a $2,000 price on WhatsMiner M30S model, while in early February it was $500 more expensive. The...
Binance has confirmed the purchase of the market-leading analytical service CoinMarketCap. According to Binance CEO Changpeng Zhao, CoinMarketCap's vision, ethics, and corporate culture are in harmony with his company's values, as well as the service’s desire for transparency and user...
A sharp drop in the price of Bitcoin against the backdrop of global panic due to coronavirus has reduced activity in the darknet markets. This is stated in the report of the analytical startup Chainalysis. According to researchers, the fall in the price of BTC had a different effect on various...
The Southern District of New York State Federal Court dismissed Telegram Group Inc’s request for clarification of a temporary ban on the transfer of Gram digital tokens to customers. The decision was received on Wednesday in the electronic database of the court. Judge Kevin Castel, who is...
One of the main reasons for the collapse of the Bitcoin exchange rate to $3,800 on March 13 was the mass liquidation of the positions of traders, Coinbase said in its official blog. Its analysts are confident that customers at various sites used high margin leverage, the forced closure of which...
The largest crypto exchange Binance is at the final stage of negotiations on the purchase of the CoinMarketCap aggregator. According to The Block, the exchange plans to pay about $400 million per site. The deal is expected to take place during a week. At the moment, the terms of the transaction...
The vast majority of assets have shown a significant drop since the onset of the massive coronavirus pandemic. Bitcoin and Ethereum were among the outsiders, said Larry Cermak, an analyst of The Block. S&P 500 is down 25% since the peak but what about all the other indices, sectors and...
On Tuesday, March 31, the Bittrex Global crypto trading platform will launch pairs with the euro. Until April 30, trading in these markets of the site will be uncommissioned. We are excited to launch Euro Markets! BTC-EUR, ETH-EUR, USDT-EUR, BSV-EUR and TRX-EUR wallets are now open. Markets of...
Well-known trader and analyst Peter Brandt believes that the global crisis caused by the coronavirus pandemic is crucial for Bitcoin and the cryptocurrency industry as a whole. For BTC, this is the perfect storm.If Bitcoin cannot rally on this, then crypto is in BIG trouble.— Peter Brandt...
The popularity of altcoins on Twitter has fallen significantly amid bearish sentiment in the market. In particular, this is evidenced by the data of the analytical service BitinfoCharts, writes Cointelegraph. So, the number of mentions of coins like Ethereum, Litecoin, and XRP is approaching a...
The largest British bank HSBC used the Corda blockchain from the R3 consortium to store documents on securities offerings through a private subscription for $10 billion and does not intend to stop there. It is reported by CoinDesk. Initially, the conglomerate planned to reach a figure of $20...
Block.one announced the involvement of one of the first block manufacturers in the ranks of the EOS New York team. In addition, the Voice social network based on a separate implementation of EOS will receive further development through investments of $150 million. #EOSIOCommunity update: we’re...
Interest in the supply of Bitcoin futures offered by the Bakkt crypto platform is growing again. So, during March, the volume of transactions with settlement in the first crypto coin increased by 44% compared to the previous month. Physical #BTC delivery on @Bakkt increased 44% in March, although...
The current economic crisis will favorably affect Bitcoin and allow it to reach $20,000 within a year. This is stated in the appeal of Pantera Capital crypto hedge fund CEO Dan Morehead to investors, writes The Daily Hodl. Morehead noted the large-scale impact of the crisis on the global economy,...
A court in the Southern District of New York recognized Gram tokens as securities and forbade transferring them to buyers who acquired IPO rights at the beginning of 2018. A preliminary court decision was made on Tuesday, March 24, and can be appealed. The court agreed with the position of the US...
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