Stay informed with Blockchain Today. Enable desktop notifications.

News and Articles by Diana

Deutsche Bank

Deutsche Bank Predicts Bitcoin Return to $28,000


The price of bitcoin may recover to $28,000 by the end of 2022, according to Deutsche Bank experts. According to the bank's strategists Marion Labour and Galina Pozdnyakova, the growth will be associated with a rally in the US stock market. Experts have noticed that since November, cryptocurrencies...


Robert Kiyosaki expects bitcoin to fall to $1100


Popular financier Robert Kiyosaki periodically comments on the situation in the cryptocurrency market. In the fall of 2020, he predicted the collapse of bitcoin after the appearance of the American vaccine against COVID-19. Now, the author of the acclaimed investor book Rich Dad Poor Dad believes...


Bitcoin falls below $20,000 amid US stock market correction


Trading in the US ended with a decline in business activity indices. Capital with renewed vigor began to withdraw from risky assets, but the dollar index rose on Thursday, June 30, to 105 points. Bitcoin (BTC) is depreciating along with tech stocks. This morning, the BTC rate in Asia fell below...


Hurricane knocked out 75% of Marathon's mining capacity


A hurricane that struck Montana on June 11 damaged a power plant in Hardin that powers 30,000 miners at Marathon Digital Holdings. According to the statement, this hardware accounts for more than 75% of the firm's active mining capacity. It is expected that devices will be able to resume operation...

Compass mining

Compass Mining CEO and CFO resign


BTC mining equipment and services provider Compass Mining has announced the resignations of CEO Whitt Gibbs and CFO Jody Fisher. “Compass Mining was founded to make mining easy and affordable. We acknowledge that there have been numerous setbacks and disappointments that have detracted from this...


Uzbekistan will allow BTC mining only on solar energy


The National Agency for Advanced Projects of Uzbekistan (NAPP) has developed a regulation on the legalization of bitcoin mining. However, in a document published late last week, it is noted that only those miners that use solar energy will be able to work freely. The obligation to use solar panels...


Canadian investors withdrew the largest amount of capital from crypto funds


According to CoinShares, the withdraw of crypto funds amounted to almost $423 million during the last week. Moreover, the largest outflow of capital from products focused on digital currencies fell on the share of Canadian institutions. The digital asset management company has seen a lot of capital...


Miners in the third quarter can start selling bitcoins again


Many mining companies were forced to dump some of the previously mined bitcoins in the second quarter of 2022. Selling was aggressive in May and June amid the return of turbulence in the cryptosphere, according to a friday report from JPMorgan Chase. According to the forecasts of its analysts, in...


JPMorgan allowed miners to maintain pressure on the price of bitcoin


Mining companies in need of liquidity in the third quarter are able to continue to exert downward pressure on the quotes of the first cryptocurrency. JPMorgan strategist Nikolaos Panigirtzoglou came to this conclusion. According to the expert's calculations, the share of public mining companies...


Decryption Group Launches Powerful, Scalable Blockchain Cross-Chain Ready


Innovative features The TLChain architecture is designed to support a high volume of transactions, not only for the financial services sector, but for the gaming industry as well, and its proprietary asset management capabilities enable cross-chain interoperability of multiple assets. The system...


Albania will introduce taxation for cryptocurrencies


The Albanian authorities intend to introduce taxation on income from investments in cryptos from 2023. According to local media, the government has prepared appropriate changes to the legislation. At this stage, they are at the stage of public discussions. Under the proposed changes, virtual assets...

Jim Cramer

Jim Cramer doubts bitcoin rally will resume soon


According to TV presenter Jim Cramer, in the coming months, bitcoin will be able to partially win back the June losses. However, we are unlikely to expect an aggressive and long-term growth of cryptocurrency. Most likely, after the rebound, trading will continue in a narrow range. Kramer himself...


Coinbase Launches Nano Bitcoin Futures


On June 27, Coinbase will launch nano futures for the first cryptocurrency. For CFTC approval, the bitcoin exchange will provide instrument trading through brokers. Contracts with the ticker BIT will be launched by Coinbase Derivatives (formerly FairX). Futures with settlements in US dollars is...

Convex Finance

A hacker attacked the DNS server of the Convex Finance project


The attacker took control of the DNS server of the Convex Finance DeFi protocol to prompt users to approve malicious smart contracts. The project team clarifies the possible damage. The developers emphasized that funds on verified contracts are not affected. However, at least five addresses...


CoinFLEX Suspends Withdrawals and Trading of Its Token


Cryptocurrency derivatives platform CoinFLEX has suspended user withdrawals due to “extreme market conditions” and “counterparty uncertainty.” This was announced by the head of the company Mark Lamb. Lamb stressed that the said counterparty is not Three Arrows Capital (3AC) hedge fund or...


The Fed recommends Congress accelerate the development of a digital dollar


The Federal Reserve will recommend to Congress to expedite the Digital Dollar Launch Project (CBDC). As the head of the Federal Reserve Jerome Powell noted, the modernization of the financial infrastructure of the state requires certain decisions. However, this issue should not be a priority at...


Chainalysis launches hacker response unit


Chainalysis decided to increase the effectiveness of the fight against hackers attacking crypto companies. To do this, it creates a special rapid response unit for relevant threats. The Chainalysis press center stressed that any company that has been attacked will be able to seek help 24/7, that...


Michael Saylor calls bitcoin a "lifeboat"


MicroStrategy CEO Michael Saylor reiterated the benefits of Bitcoin. He has previously repeatedly praised the leading digital currency and reminded us that his software company is one of the largest public holders of BTC. MicroStrategy will not sell Bitcoin even if the price falls below $10,000. In...

See all cryptocurrency and blockchain news and articles by Diana