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News and Articles by Diana



Litecoin

The number of active LTC addresses has grown 6 times

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Online activity on LTC has increased significantly over the past 12 months. According to the Glassnode service, the number of LTC addresses on the blockchain making transactions daily has grown sixfold (from 50,000 to 300,000). The number of new wallets on the network also skyrocketed. In the...

Bank of Thailand

Bank of Thailand announced the legalization of stablecoins

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The central bank of Thailand promises to implement regulation of digital currencies backed by fiat money by the end of 2021. At the same time, the regulator emphasized that bitcoin and other unsecured coins will remain outside the legal framework. The Central Bank of Thailand published the...

USDC

USDC capitalization breaks another record, exceeding $ 10B

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The rise in the value of stablecoins usually indicates that the demand for cryptocurrency will increase, analysts say. Digital assets backed by fiat money are the main vehicle through which investors enter the crypto sphere. The cap of the second-largest stablecoin, USDC, has been steadily...

Cardano

Open interest in ADA futures has risen since January

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Altcoin Cardano (ADA) is showing explosive growth in 2021. The coin previously even broke into the top three cryptocurrencies, and its price reached $ 1.5 at the end of February. On Friday, March 19, the ADA rate dipped to $ 1.27. Altcoin capitalization for the week fell by 13% to $ 40.627 billion....

Ethereum

The number of large Ethereum addresses decreased by 7.2%

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Ether (ETH) still hasn't received enough support to repeat the February run and break above $ 2,000. Even the reduction in the exchange balance of the cryptocurrency has not yet had a positive effect on its value. In the middle of the week, ETH tried to gain a foothold above $ 1800, but soon the...

ChainLink

Altcoin ChainLink fired after Grayscale trust launch

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Grayscale, which manages up to $ 43.6 billion in digital assets, has launched new trusts. Institutional investors have the opportunity to channel funds into products focused on ChaniLink (LINK), Basic Attention Token (BAT), Decentraland (MANA), Filecoin (FIL), and Livepeer (LPT). Grayscale has...

Elon Musk

Investor sent 10 BTC to fake Elon Musk

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An anonymous user sent 10 BTC to scammers, who promised to double the amount sent from Elon Musk's fake Twitter account. It is reported by the BBC. The interlocutor of the publication followed the cybercriminals' link in the comments to the publication of this chapter of Tesla. On a fraudulent...

US SEC

SEC started thinking VanEck's application to launch BTC ETF

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The US SEC will decide on the application of the investment company VanEck to launch an exchange-traded fund (ETF) based on the first crypto within the next 45 days. The regulator can either approve or reject the company's request or extend the review period to 240 days. Stakeholders will have 21...

BTC Tax

7 countries that do not tax bitcoin profits

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There is no unified crypto taxation system. Some countries are more liberal than others. Here's our list of eight of the most crypto-friendly tax authorizations....

CoinShares

CoinShares has invested in sustainable bitcoin mining

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Canadian mining firm MintGreen has closed a seed round of funding led by the venture capital arm of digital asset management company CoinShares. The number of attracted investments in MintGreen was not disclosed. The Vancouver-based company develops projects for environmentally friendly bitcoin...

Ethereum

Ethermine delivers Post-EIP-1559 revenue support solution

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The operator of the Ethermine mining pool, Bitfly, has launched in beta software to implement the Maximal Extracted Value (MEV) arbitrage strategy. It assumes compensation to miners after activating EIP-1559. MEV automates the sequence of transactions on the blockchain-based on potential arbitrage...

Arcane Research

Arcane Research drew attention to activation of BTC hodlers

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Long-term holders of bitcoin, or so-called hodlers, have significantly raised their cryptocurrency reserves over the past ten months. The trend for long-term accumulation of BTC continues to dominate, according to a study by Arcane Research. The outflow of bitcoins is increasing from cryptocurrency...

Cardano

Cardano soars 20% after Coinbase listing announcement

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The price of the Cardano crypto (ADA) is up 21% after Coinbase announced its upcoming digital asset listing. Coinbase has started accepting incoming transfers in ADA tokens. Subject to meeting liquidity requirements, the exchange will open trading on March 18. The asset will only be available on...

Sotheby

Sotheby's auction house to hold first NFT auction

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Founded in 1744, Sotheby will auction digital artist Murat Pak in April as non-fungible tokens (NFT). “It is too early to talk about the art of cryptography in general. But NFT is exciting. We believe the technology has potential, ”head of the site Charles Stewart said in an interview with...

Japan

Bank of Japan begins preparing to develop digital Yen

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There are a growing number of countries around the world wishing to issue a CBDC. The Japanese authorities have repeatedly stated that, if necessary, the central bank can launch a token pegged to the yen. This week, the head of the Central Bank Haruhiko Kuroda confirmed that the regulator may soon...

Crypto funds

Investments in crypto funds in the Q1 beat previous records

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In the first quarter of 2021, investment in cryptocurrency exchange-traded products (ETP) skyrocketed. According to the CoinShares team, in the reporting period, investors sent a total of $ 4.2 billion to crypto funds. Thus, the previous record set in the fourth quarter of last year was broken....

Coin Center

Coin Center named a threat transaction regulations of FinCEN

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FinCEN's proposed rules for regulating cryptocurrency transactions threaten innovation and privacy, Coin Center, an industry promotion and advocacy organization, said. We are talking about FinCEN's plans to tighten rules to combat money laundering and terrorist financing. The changes involve the...

Mike Novogratz

Novogratz: "Number of people wanting to buy BTC is growing"

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More and more investors perceive bitcoin as a tool for hedging inflationary risks. They try to buy cryptocurrency to secure their savings. We are witnessing a qualitative shift in the minds of people who were previously skeptical of BTC, Galaxy Digital CEO Mike Novogratz said on CNBC. The...

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