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Do Kwon's partner, the Luna Foundation Guard, formally refuted claims that he delivered 3313 bitcoins to exchanges, according to the reports. The CryptoQuant team delivered such information at the start of the week. Analysts discovered that LFG transmitted 3313 BTC to the platforms OKX and KuCoin...
JPMorgan CEO Jamie Dimon has been critical of digital currencies over the past few years. Bitcoin, in his opinion, poses the greatest threat to the financial sector. TV presenter Kevin O'Leary explained why the banker is so critical of cryptocurrencies. According to him, Dimon fears that...
On Wednesday, September 28, cryptocurrencies were again in the red zone against the backdrop of increasing pressure on the stock markets. The bitcoin rate fell to $18,700, the coin continues to trade at a two-week low. Ethereum rolled back to $1282. The Merge fork did not improve the attractiveness...
Trading from misty Albion was compelled to migrate to bitcoin as a result of the British pound's decline versus the US dollar. Over the previous several days, the BTC/GBP pair's trade volume has been rising. The cryptocurrency exchanges Bitfinex and Bitstamp saw the highest increase in activity...
Tokens based on Polkadot have been released by the largest stablecoin, Tether (USDT). Polkadot is one of the most well-liked ecosystems on which Web3 applications are based, according to the USDT issuer in a statement. Tether chose to launch stablecoins on this blockchain to provide their users...
The NFT market has expanded significantly over the past two years. The number of holders of tokenized collections continues to grow despite the dominance of bearish sentiment in the cryptosphere. The development of the NFT industry has forced some governments to create an infrastructure for digital...
In connection with a money laundering probe, six cryptocurrency exchanges' operations have been under scrutiny since last Thursday by Brazilian law officials. The nation's officials claim that both people and businesses might use digital currency to legitimate illegal earnings and avoid paying...
Cryptocurrencies should be viewed as risky assets, Bank of America said in a report. Bank analysts are skeptical about the medium-term prospects for bitcoin and other virtual currencies. Back in the middle of summer, Bank of America recorded a weakening in investor interest in an innovative tool....
In November 2021, the Israeli authorities introduced mandatory licensing of crypto companies. Blockchain startups and bitcoin exchanges must register with the Capital Markets Authority database to operate legally on the domestic market. The first crypto exchange received a license from the Israeli...
The American exchange Coinbase used its financial reserves for speculation in the cryptocurrency market. According to the Wall Street Journal, the company was trading through its risk management division. Last year, Coinbase hired four traders from Wall Street. This team was engaged in investments...
Estonia stopped the registration of bitcoin businesses in the fall of 2021 and revoked all of their permits. A new registration procedure for businesses that represent the blockchain sector began this year. Striga was the first group to be granted such a permit. According to the Financial...
Crypto Games Agency, Play-to-Earn specialists and creators of Crypto Legions, is gearing up for an exciting start of their new game on Tuesday, Sept. 27, 2022. Both the game and token will launch together at release on BSC Network. After placing themselves among the top play-to-earn games on BSC...
At the end of August, the dependence of bitcoin on the US stock market decreased. However, already in September, the trend changed, and Bloomberg analysts drew attention to the increased correlation between BTC and the S&P 500 index. The correlation coefficient rose to 0.72 points, but it is...
JPMorgan CEO Jamie Dimon has been critical of bitcoin and other digital currencies over the past few years. The day before, during a speech in Congress, the banker confirmed his negative attitude towards the innovative tool. At the same time, Dimon acknowledged that stablecoins backed by the US...
Ethereum (ETH) ranks first in the blockchain ranking in terms of the number of deployed decentralized applications (DApps). However, the Solana network was able to bypass ETH in terms of user activity, the Nansen team said in a report. The researchers found that in the second quarter of 2022, the...
The hashrate of the Ethereum Classic network has been growing since the end of July. The increase in capacity was the result of the arrival of miners who left Ethereum due to the upcoming Merge fork and ETH’s refusal of the PoW consensus in favor of PoS (Proof-of-Stake). The explosive growth in...
Representatives of the American crypto business insist on the speedy legalization of the blockchain industry. Companies use a variety of channels to communicate with the government and Congress, including lobbying groups. According to the CEO of the Crypto Council for Innovation, Sheila Warren,...
The developers have successfully upgraded Ethereum, however, the network’s underlying asset, Ether (ETH), is reacting negatively to the Merge fork. The largest altcoin has fallen over 8% to $1459 in the last 24 hours. Every week, ETH's capitalization fell by almost 14% to $178.884 billion....
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