News and Articles by Diana

At the end of last week, crypto exchanges announced their withdrawal from the Russian market. The American platform Coinbase was also on this list. Last Tuesday, the press service of this company explained its situation. It reassured the Russians and stressed that the exchange would not block all...

The Bank of Russia still advocates a complete ban on the circulation and mining of cryptos. This was stated by the head of the expert group of the Department of Financial Technologies of the CB of the Russian Federation Maria Telegina. The sanctions did not force the regulator to reconsider its...

This week, many cryptocurrency exchanges have announced that they are no longer serving Russian users. Only the Binance platform has stated that it will not leave the Russian market but plans to comply with the sanctions imposed on the country. At the end of this week, it became known that the...

The volume of BTC transactions in China has fallen to a minimum, thanks to the restrictive policy of the Central Bank. The regulator made a corresponding statement in the middle of the week. Recall that the Chinese authorities began last spring to oust not only miners from the market but also...

Bitcoin (BTC) continues to trade in a narrow range from $43,000 to $45,000. On Thursday, March 3, the BTC rate sank to $43,176, but many analysts predict that the coin will be able to win back losses very soon. Optimistic, for example, the CEO of deVere Group Nigel Green. In his opinion, an...

The world's largest cryptocurrency exchange Binance faced big problems last year. It was forced to curtail the service of traders in several countries at once under pressure from supervisory authorities. This year, Binance suspended operations in Israel as local authorities demanded that it comply...

North American countries continue to lead the world in terms of installed bitcoin ATMs. According to CoinATMRadar, 32,150 and 2,359 terminals are ready to serve digital currency holders in the US and Canada, respectively. The top five countries also include Spain, El Salvador, and Poland. The...

According to Ripple CEO Brad Garlinghouse, the Russian authorities will not be able to use digital currencies to circumvent financial sanctions. Talks about the use of such tools in states under sanctions pressure have been going on over the past few years. For example, Iran has repeatedly stated...

On March 6, 2022, the Jacquie & Michel group will close the ICO intended to raise funds for the financing of its cryptocurrency: the Jimizz (JMZ). This leaves one week for the last investors to come forward. Despite a bear-market and a political context not very favorable to crypto-currencies,...

A study by the Financial Services Commission of South Korea states that in 2021, the country's cryptocurrency market has increased to 55 trillion won ($45.9B). According to the regulator, in the coming years, investment in digital assets will only grow. Moreover, the activity of investors will...

Crypto funds have been raising institutional capital for five consecutive weeks. In another study by the CoinShares team, it is noted that at the end of the past week, the number of funds invested in such products amounted to $36 million. If the American institutions sent $95 million to them, the...

The Chicago Mercantile Exchange (CME) will launch option contracts, the underlying assets of which will be microfutures on Bitcoin and Ethereum. Trading in instruments will start on March 28, 2022, after approval by regulators. “Option contracts will allow traders to effectively hedge market...

Whale wallets have been aggressively buying bitcoin over the past few weeks. According to the Glassnode platform, the largest addresses controlling at least 1,000 coins took advantage of the winter sales and market decline. They have significantly increased their reserves in BTC. Now the number of...

A study by recruitment company Deel says there has been a significant increase in the number of people who are paid wholly or partly in cryptocurrencies. The share of such employees increased last year by about 10%. Moreover, the researchers note that not only actors, athletes, and politicians...

South African-based cryptocurrency exchange VALR closed a $50 million Series B funding round led by Pantera Capital. Funding was also provided by Alameda Research, Cadenza, CMT Digital, Coinbase Ventures, Distributed Global, GSR, Third Prime, Avon Ventures, Bittrex, and 4Di Capital. The...

Representatives of the US state of Wyoming proposed for consideration a bill describing the procedure for issuing their digital currency. Based on the information provided in the document, lawmakers are proposing to issue a stablecoin that will be pegged to the US dollar. According to local media,...

The American crypto company Coinbase, which owns the bitcoin exchange of the same name, announced the end of servicing Russian investors. Another marketplace, Kraken, said it was ready to follow the same path. However, it needs an order from the relevant supervisory authorities, said its CEO, Jesse...

Bitcoin, as a decentralized asset, benefits from any economic or political aggravation in the world. That is exactly the situation we are seeing now. The influence of the tax policy of the authorities also affects. For now, Bitcoin is stable, but a new rally awaits us very soon, analysts at Pantera...