News and Articles by Diana

The private altcoin Monero (XMR) began to grow steadily last week. Moreover, this coin is increasing in price against the backdrop of a negative trend that dominates the crypto market. In the last 24 hours alone, the altcoin has risen in price by 6.5% to $228.32. Last Thursday, January 15, the XMR...

The rating agency Moody's considers that the authorities of El Salvador made a big mistake by legalizing BTC. Analyst Jaime Reush expects the investment attractiveness of this Latin American state to decline. Crypto is a volatile instrument. El Salvador recognized BTC and began to invest its...

The capitalization of the largest stablecoins Tether (USDT) and USD Coin (USDC) exceeds $78.431 billion and $45.432 billion, respectively. At the same time, USDC was recently able to bypass USDT in terms of the value of tokens placed on the Ethereum network - $ 39.92 billion against $ 39.82...

Popular clothing brand The Gap has teamed up with production studio InterPop to launch its virtual collection on the Tezos platform. San Francisco-based retailer The Gap made the announcement recently, noting that users will be able to buy their brand's limited-edition digital hoodie. The company...

The other day, Ghozali Godzalo, an Indonesian college student, was able to sell a collection of his photographs, turning them into NFT tokens, for nearly $1 million. The collection consists of nearly 1,000 selfies he took from 2017 to 2021, between the ages of 18 and 22. It is worth noting that...

The price of Ether (ETH) has increased by almost 3.5% over the past 24 hours to $3342. According to the ViewBase platform, during the week investors withdrew 203,147 ETH from centralized crypto exchanges for a total amount of up to $682.997 million. The exchange balance of ETH in mid-January...

New York Mayor Eric Adams, who was elected on November 2 and took office on the first day of 2022, gave an interview to a popular business publication. The media asked if the measure received a salary in bitcoins, which he announced even before his appointment. When asked by journalists, Adams...

According to SEBA Bank CEO Guido Buhler, Bitcoin will continue to expand in 2022. The coin will rise in price as institutional investors enter it. Moreover, the businessman does not exclude that BTC will be able to soar in price up to $75,000. To improve the attractiveness of the cryptocurrency,...

In November, the price of Litecoin (LTC) exceeded $285, then the cryptocurrency began to fall. As a result of the December and January sales, the altcoin fell to $127. The rebound occurred in the middle of the current week. On January 12, LTC jumped over 5% to $140.1. Cryptocurrency wins back...

Despite significant customer demand, online broker Robinhood has no intention of investing corporate funds in digital assets. That was announced at the conference The Wall Street Journal by CFO Jason Warnick. “We don't have a compelling strategic reason to invest a significant portion of...

The improvement in the situation in the American stock market had a positive effect on the positions of both bitcoin and other digital currencies. The night before, BTC jumped above $ 44,100, the highest value since January 6. The correction took place this morning during Asian trading. At the time...

The Hong Kong Monetary Authority fears that stablecoin issuers have insufficient reserves to back up all of their tokens. To this end, the regulator plans to tighten control over such companies to protect investors. On the eve of the Department published a document in which it spoke about the risks...

Many representatives of the cryptocurrency industry periodically state that the digital asset market will grow at the expense of institutional capital. However, for the penetration of investment funds and financial companies into the crypto sphere, it is necessary to legalize it. According to the...

Morocco tops the ranking of North African countries in terms of bitcoin investment. According to the Singapore platform Triple-A, approximately 2.4% of the population of this state, or 0.9 million people, have already bought digital currencies. In terms of the number of bitcoin investors, Morocco...

The dominance of a negative trend in the market is evidenced by a decrease in the SOPR indicator. Most addresses are selling cryptocurrency at a loss in the current cycle, as evidenced by the latest data from the CryptoQuant team. The SOPR index displays the financial performance of the addresses...

Recently, many analytical business publications writing about cryptocurrency pointed to an unexpected rise in the price of Pudgy Penguins NFT. The cost of non-fungible tokens of this project increased by 53.6% in just a day. Experts attribute this to the fact that an indefatigable scandal has...

Many experts have already reacted to the dominance of the negative trend in the crypto market. For example, Bloomberg strategist Mike McGlone said that the pullback would be temporary, but Bitcoin could hold above $ 40,000. So far, the analyst's forecast is coming true, and the largest digital...

With Bitcoin (BTC and Ethereum (ETH) at their lowest point in months, the market is positioned for a turnaround and a sharp rise back to an all-time high as it did following the dip of July 2021. Aside from the well-known cryptos, there has been a lot of growth recently in the whole market. ApeBUSD...