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News and Articles by Diana


Anthony Scaramucci pointed to the giant potential of Bitcoin


The founder of the hedge fund SkyBridge Capital Anthony Scaramucci said that many investors who previously doubted the potential of Bitcoin have now invested in this cryptocurrency. The businessman pointed to the huge potential of both BTC and the cryptocurrency industry in general. According to...

Saudi Arabia

Saudi Arabia won't give up cash after the initiation of the token


Back in the winter of 2019, it became known about the plans of the United Arab Emirates and Saudi Arabia to issue a joint digital currency as part of the so-called Abra project. The same states are moving towards the creation of their national tokens (CBDC). The Abra project is the basis for the...


Nvidia's ampere cryptomining monster GPU goes on sale


The most powerful mining chip of the Nvidia CMP 170HX series is now available to retail buyers. The sales of the video card started in the Vipera online store in Dubai, where a batch of 230 devices arrived. At the heart of the CMP, 170HX is the GA100 GPU based on Ampere architecture, equipped with...


Ant Group and Tencent distanced themselves from the term "NFT"


Chinese tech giants Ant Group and Tencent have changed the term “non-fungible tokens” (NFT) to “digital collectibles” on their platforms and sites. At AntChain Fan Tablet, assets are now defined as “virtual digital goods”. Tencent's Magic Core platform, which is considered China's...


American Express CEO believes cryptos don't scare traditional payments


The traditional payment system will be able to withstand even the massive adoption of cryptocurrencies. Credit cards will retain their position as they will remain a popular tool for a very long time, according to Stephen Squeri, CEO of American Express. Unlike credit cards, cryptocurrencies cannot...


Garlinghouse attributed ETH's success to SEC's supportive attitude


Ethereum's success is, at least in part, due to a favorable attitude from the US Securities and Exchange Commission (SEC). That was stated by the head of Ripple Brad Garlinghouse at the DC Fintech Week online conference. Garlinghouse considers it unfair for the SEC to classify XRP as a security,...

NFT crystals from the platform sold for more than $4M


The platform sold out the NFT collection Organic Growth: Crystal Reef from artists Michael Joo and Danila Krivoruchko in three days, earning more than $ 4 million. According to the creators of the collection, the final appearance of each of the crystals depends on the history of the...


Analysts urge not to panic over bitcoin retreat


Bitcoin made a historic breakthrough in the middle of this week. On some trading floors, the coin was close to $ 67,000. The weakening of traders' activity led to a decrease in the BTC volatility index. According to ByBt, this figure fell to 3.63% on October 22, the lowest level since the middle of...


Texas firefighters retirement fund invested in BTC and ETH


More and more financial institutions are not only looking at bitcoin and other digital currencies but are also investing in such innovative tools. One of the Texas pension funds has invested in bitcoin and Ether. The Houston Firefighters Pension Fund acquired $ 25 million worth of cryptocurrencies...


Stronghold Digital Mining raises IPO target To $127M


American mining company Stronghold Digital Mining announced an increase in its initial public offering (IPO) to $ 127 million. The firm will place 6,687,305 Class A shares at $ 19. It is planned that the securities will begin trading on the Nasdaq on October 20, 2021, under the ticker SDIG, and the...


Hindenburg Research gives $1M award for USDT collateral information


Research firm Hindenburg Research has offered a $ 1 million reward for disclosing previously unknown collateral for the Tether (USDT) stablecoin. The company called Tether “a key element of the multi-trillion dollar cryptocurrency market,” but questioned the legitimacy of providing it....

METAX will open subscription in Hoo Labs

METAX will open subscription in Hoo Labs


At 15:00 on October 21, 2021, Hoo Labs will relaunch METAX, the star project of the metaverse track. Users who hold different amounts of HOO can obtain different investment quotas. Public information shows that Hoo Labs is a Labs incubator launched by the Hoo platform in 2019. High-quality projects...


Billionaire Carl Icahn calls Bitcoin insurance against inflation


Icahn Enterprises founder Carl Icahn warned of an impending crisis and announced the protective properties of bitcoin against inflation. In the past, a bitcoin skeptic has expressed fears about the devaluation of the dollar and said there is a high chance of unwinding an inflationary spiral due to...


Ether overcame resistance around $4000


Bitcoin (BTC) is not alone this week, showing strong growth. Together with the leading cryptocurrency, ether (ETH) also adds value. Altcoin soared above $ 4,000 for the first time since early May 2021. On the night of Thursday, October 21, the ETH rate strengthened to $ 4070. ether capitalization...


Number of wallets containing at least one ETH reaches record levels


Despite the sharp rise in the price of Ether (ETH) in October, investors continue to buy this altcoin, as they are confident that its price will continue to rise in the coming months. On Tuesday, October 20, the ETH rate strengthened to $ 3850. The cryptocurrency has a good chance of reaching $...


Whales have accumulated almost 16.8% of the total supply of LINK


Altcoin ChainLink (LINK) has been declining in value over the past few days. On Wednesday night, the LINK rate dipped to $ 25.6. In the ranking of cryptocurrencies, this coin is in 15th place in terms of capitalization. On October 16, LINK was close to $ 29, but on the same day, it went down...


Cardano could not stay in the top three cryptocurrencies


Binance Coin (BNB) again surpassed Cardano (ADA) in terms of capitalization and knocked out the last of the top 3 digital currencies. The ADA rate on Tuesday, October 19, fell 2% to $ 2.12. Cryptocurrency capitalization is now $ 69.986 billion. Note that the total cost of BNB tokens for the week...


Spaniards were told about fake crypto projects


Spain is on the list of European countries whose residents are not only massively interested in bitcoin but also invest in cryptocurrencies. That is why in this state there is an increased activity of all kinds of swindlers trying to steal money from ordinary Spaniards. At the beginning of the...

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