News and Articles by Diana

According to the results of the second quarter of 2021, the eToro investment platform earned more than $ 264 million in commissions from cryptocurrency trading. That is evidenced by the data published on August 25, the report for investors. In the six months that ended June 30, the platform...

Back in early May 2021, the media, citing their sources, reported on the plans of the financial holding Citigroup to develop a service for operations with cryptocurrencies. The giant is taking such a step against the backdrop of the growing demand of its customers for digital assets. This week, the...

The computing power of the bitcoin network at the end of last month began to recover after the collapse provoked by the repression against miners in China. On July 29, the BTC hash rate increased to 102 EH/s. In August, the activity of miners continued to increase, thanks to the completion of their...

Many analytical companies have recorded the growing interest of financial managers in digital currencies and blockchain technologies. The Deloitte team interviewed over a thousand employees of financial corporations and found that most of them are optimistic about the long-term prospects of...

Funds focused on digital currencies Cardano (ADA) and Solana (SOL) were the most attractive to institutional investors over the past week. These coins have added over 30% in value over the past seven days. A report from CoinShares says that institutions are positive about the near-term prospects...

More and more institutional investors from around the world are interested in digital currencies. The hedge fund Nickel Digital surveyed British financial managers and found that about half of them expect further growth in the value of bitcoin and other virtual coins. The same respondents told the...

Grayscale, a digital asset management company, continues to ramp up investments in bitcoin, ether, and other major cryptocurrencies. Funds for such instruments go through specialized trusts. The giant's latest statement on Twitter notes that as of August 24, its cryptocurrency trusts have...

Back in May, the Iranian government announced a mining ban until September 2021. The decision was made due to the threat of an energy crisis in the Islamic Republic. Due to the high activity of miners, the load on the power grids has increased dramatically, which has created threats to the power...

Last week, the Ministry of Finance of El Salvador said that the legalization of bitcoin does not mean that the use of cryptocurrency will have to be compulsory. Each citizen will decide whether he should keep BTC or use it as a payment instrument. Now the President of El Salvador Nayib Bukele has...

The private altcoin Monero (XMR) has been rising in price since mid-August. Over the past 24 hours, the rate of the cryptocurrency has increased by another 16%. The capitalization of XMR on Monday, August 23, reached $ 5.9 billion. The coin climbed to 28th place in the ranking of the largest...

The popular publishing platform Substack announced that since August 23, it began accepting payments in the BTC. As of now, Substack has about 500 thousand paid subscribers from all over the world. However, for now, it will be possible to purchase a subscription for bitcoins only for those...

A recently released report from analysts from Trend Micro said that there are about 120 cryptocurrency apps that are currently available for download from the Play Store. Experts noted that some of them have installed more than 100 thousand users on their gadgets. The document says that most of the...

DeFi protocol Luna Yield, powered by Solana blockchain, suddenly stopped working a few days after launch. The website and social networks of the project are disabled. Its developers have withdrawn about $8 million from the protocol. The Luna Yield team ran an IDO on the SolPAD platform on Monday,...

According to the official statement of the popular payment system PayPal, it will soon launch a new crypto service. It is noted that not all PayPal customers will be able to access digital asset trading. To use the new services, you will need to have the status of a British citizen and a verified...

On Monday, August 23, the first cryptocurrency surpassed the $ 50,000 level for the first time since falling in May. Over the past 24 hours, the coin has risen in price by 2.1%, over the week - by 6.6%. Bitcoin capitalization - $ 942.9 billion Open interest in the bitcoin futures market has reached...

The US SEC announced court decisions against two representatives of the Bitconnect crypto lending platform, which it considers to be a $ 2 billion unregistered securities offering scheme. In May 2021, the regulator indicted four alleged Bitconnect promoters, Trevon Brown, Craig Grant, Ryan Maasen,...

Brian Quintenz, known for his friendly attitude to cryptocurrencies, announced his resignation from the post of CFTC. Quintenz's term expired back in April 2020, when he committed to resigning by October. At the same time, the law allowed him to work in the CFTC until the end of 2021. “Without a...

The value of funds locked up in the DeFi decentralized finance market has come close to $ 121 billion this week. The leading projects in this ecosystem are UniSwap, Terra, and ChainLink, which accumulated $ 15.742 billion, $ 12.044 billion, and $ 11.621 billion, respectively. Interest in the DeFi...