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News and Articles by Diana



Indonesia

A well-known Islamic group declares cryptos banned in Indonesia

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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...

Bitcoin

Whales in October pushed bitcoin to all-time highs

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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...

Ethereum

Open interest in Ethereum futures sets new record

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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...

india

India plans to legalize crypto market

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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...

Thailand

The tourism industry in Thailand may acquire its own token

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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...

Bitcoin

Bitcoin exchange balance fell to minimum since January 2018

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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...

Graham Jenkin

CoinList CEO expects Bitcoin to skyrocket to $100,000

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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...

LTC

LTC address activity raised after the Visa debit card launch

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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...

Slovenia

Slovenia wants to submit a 10% tax on crypto transactions

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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...

Robinhood

Robinhood's crypto income drops nearly 80% In Q3

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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...

DeFi

The value of funds blocked in the DeFi market exceeded $243B

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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...

Coinbase

Coinbase app surpasses TikTok and Instagram in popularity

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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...

Bitcoin

Bitcoin miners' reserves hit six-month high

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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...

Dubai

Investment tokens redefined in Dubai

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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...

Android

LocalBitcoins app now available on Android devices

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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...

Tesla

Tesla may resume accepting bitcoin soon

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In winter, it became known that Tesla had invested $ 1.5 billion in bitcoin. At the same time, the electric car manufacturer began accepting payments in cryptocurrency and allowed an increase in capital investments in BTC. However, in the spring, the giant suspended accepting bitcoins, and Tesla...

Prayut Chan-o-cha

Thai Prime Minister joins the camp of bitcoin opponents

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According to the head of the Thai government, Prayut Chan-o-cha, residents of his country need to stay away from digital currencies. The prime minister watches with dismay how bitcoin is attracting the younger generation. The state needs to make every effort to prevent people from accessing such...

Investors

Analysts drew attention to the surge in institutionals activity

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Institutionals channeled $ 1.5 billion to crypto funds last week. A report from CoinShares states that 99% of funds were raised by Bitcoin-focused products. For comparison, the week before last, bitcoin funds received only $ 70 million. Analysts link the activation of hedge funds and other...

See all cryptocurrency and blockchain news and articles by Diana