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At the end of October, the average commissions on Ethereum were $22.5. Then, along with the rise in the cost of Ether (ETH), fees skyrocketed due to increased network activity. On November 1, the average commission skyrocketed to $52.97, the highest since early September. At the same time, fees in...
At the end of last week, the Bank for International Settlements (BIS) presented a report in which it analyzed the implications of integrating stablecoins and central bank tokens into the financial system. According to the organization, the new tools will not be able to solve the problems facing the...
Every year, October 31 is celebrated as the birthday of bitcoin. It was on this day that the legendary Satoshi Nakamoto created a new concept based on the use of an innovative tool. The leading digital currency celebrated its 13th anniversary this year. Bitcoin celebrates its next holiday at values...
The East Java branch of the largest Islamic organization Nahdlatul Ulama (NU), located in Indonesia, expressed its opinion about the cryptocurrency. In NU, relying on Islamic law, they said that digital assets are an unsafe investment and called them "haram", which means...
Large Bitcoin (BTC) holders, often referred to as whales, sparked the October run of the leading cryptocurrency. In the past month, stocks of addresses holding 100 BTC or more have increased by another 0.25%, according to Kraken. Now under the control of whale wallets is cryptocurrency totaling up...
The Ether (ETH) rally has fueled interest in this cryptocurrency from institutional investors. However, the altcoin did not have enough support to hold its position, and it dipped in price to $ 4,319. ETH's capitalization is now just over $ 510.287 billion. Open interest in Ethereum futures hit an...
Back in early June, it became known about the Indian government's plans to liberalize its policy concerning the cryptocurrency sphere. The journalists found out that the country's authorities have decided to legalize innovative tools. The corresponding bill will be developed by experts from the...
The Tourism Authority of Thailand (TAT) is considering launching its own digital token. Thus, according to local media reports, travel operators will be able to make additional profits by starting to make money on the growing popularity of cryptocurrencies. The token will be called TAT Coin. The...
Investors have been withdrawing bitcoins from trading floors over the past few months. The positive effect began to be felt already in October when the value of the cryptocurrency began to add aggressively. According to Arcane Research, exchanges currently have the lowest BTC volume since January...
On Thursday evening, October 28, the bitcoin rate rose to $ 61,305. The leading digital currency is successfully recouping after yesterday's fall below $ 60,000. Well-known experts such as Galaxy Digital CEO Mike Novogratz and Bloomberg strategist Mike McGlone have repeatedly stated that this year...
The Litecoin Foundation unveiled the Visa debit card, after which network activity peaked starting from mid-September. The average daily number of transactions on the Litecoin blockchain is approaching 150,000. Note that at the beginning of this month, LTC addresses made about 100,000 transactions...
The Slovenian Financial Authority intends to tax operations to convert fiat money into cryptocurrencies. We are talking about 10%, which will be charged from citizens after each such transaction. Local mass media report that a month after the information about possible innovations appeared on the...
Based on data that Robinhood released in its third-quarter financials, its crypto transaction revenue has dropped 78% over the past three months. Against this background, the total value of Robinhood shares fell by 10%. The document says that for the third quarter, the company received revenue much...
The protocols deployed in the DeFi decentralized finance market have accumulated a record amount of funds. According to the DeFiLlama service, the amount of funds blocked in this ecosystem has reached $ 243.26 billion. The growth in capital investments in projects launched based on DeFi is observed...
In the AppStore, the Coinbase cryptocurrency exchange application turned out to be the most popular. In terms of the number of downloads, this service has bypassed TikTok, Instagram, and even YouTube. Recall that in the spring, Coinbase entered the stock market. It became the first company to be...
Mining pools have been accumulating bitcoins over the past six months. Now the reserves of miners are at their highest level since the beginning of May, that is, before the fall in the value of BTC. CryptoQuant research says that despite tiny drops, mining pools generally continue to hoard. This...
DFSA, an independent regulatory body in Dubai, has made some changes to the definition of investment tokens. Thus, according to a local media report, the UAE wants to improve the security and reliability of cryptocurrency transactions. Even though according to world experts, the UAE continues to be...
The LocalBitcoins platform is particularly popular with bitcoin holders in Africa and Latin America. This week it became known about the launch of a mobile application for devices based on the Android operating system. The iOS version is still under development. The company did not specify the...
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