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At the end of February 2021, the total trading volume in stablecoins reached a new high. The number of transactions in digital assets backed by fiat money exceeded $ 360 billion last month. Tether (USDT) continues to hold first place. This asset accounts for up to 63.5% of the total volume of...
Over the past 30 days, Grayscale has acquired 178,691 Litecoin (LTC). The financial giant invested $ 28.9 million in the purchase of such a volume of cryptocurrency, given the LTC rate of $ 162. Analysts found that Grayscale was accumulating Litecoin in parallel with increasing capital investment...
Bitcoin does not behave like a payment instrument - it is extremely volatile and takes too long to complete, Mastercard executive chairman Ann Cairns said in an interview. “If you and I go to drink coffee, and I decide to pay in bitcoins, our drink may cost me, for example, 40% more expensive...
Ethereum miners have split into two warring camps due to the EIP-1559 proposal. It involves burning part of the transaction fees and helps to reduce the volatility of the gas price. The third-largest Ethereum pool, F2Pool, published a post in support of a proposal to improve the second-largest...
Many older financiers are critical of bitcoin. Suffice it to recall Peter Schiff, who on Twitter periodically tries to present cryptocurrency from the worst side. He also urges investors to stop buying BTC and switch to gold, which he believes is the safest asset. Billionaire Charlie Munger, 97,...
Cryptocurrency exchange Kraken is in talks to attract investments from Fidelity, Tribe Capital, and General Atlantic at an estimate of $ 10 billion. According to Bloomberg, the terms of the possible deal are not final and in case of high demand, the exchange may receive an estimate of more than $...
Amid falling bitcoin prices, BTC futures trading volumes have skyrocketed this week. If at the beginning of the week the largest digital currency was trading above $ 58,000 and was preparing to break through to $ 60,000, then on Monday its rate fell by more than $ 10,000. Bitcoin found the bottom...
The application for registration of the offer of shares of the crypto exchange Coinbase, which was filed with the United States Securities and Exchange Commission (SEC), is now available to the public. The confidential draft document was submitted to the SEC back in mid-December 2020. The...
The DeFi decentralized finance market is expanding rapidly. Therefore, it must be introduced into the legal field, says SEC Commissioner Hester Peirce. She is often called the "crypto mama" as she periodically advocates for the early legalization of the cryptocurrency industry. The...
Researchers from the DappRadar team have found that Binance Chain is becoming increasingly attractive to dApps developers. In this regard, the network already competes directly with Ethereum, which traditionally holds the lead among platforms used to launch applications. Decentralized Exchange...
The decline in prices in the crypto market has led to the second largest number of liquidations in the DeFi ecosystem. The DeFi liquidations occurred concurrently with the fall in the price of bitcoin below the $ 50,000 mark. Of the liquidations totaling about $ 24.1 million, approximately $ 13.7...
Microsoft founder Bill Gates in an interview commented on Tesla's investment in bitcoin. Presenter Emily Chang noted that Tesla could make more returns on its Bitcoin investment than it does from selling electric vehicles throughout 2020. When Gates was asked about the potential impact of tweets...
Binance Coin (BNB) has done very well over the past few months. The coin not only updated its all-time high but also made it to the top three digital currencies according to CoinMarketCap. BNB even surpassed Tether (USDT) in terms of capitalization. On Monday night, February 22, the BNB rate rose...
The Block Research team found that in February 2021, the number of mentions of bitcoin on Twitter rose to a record high. This trend is directly related to the strengthening of the BTC rate. Recall that at the end of last week, the largest digital currency exceeded $ 58,000, today the coin fell back...
Not only bitcoin (BTC) broke another record this week, but also other digital currencies. We will remind, on the eve of the BTC rate updated its historical maximum, and the capitalization of the digital currency turned out to be above $ 1 trillion, as many analysts had predicted earlier. Bloomberg...
SEC has said that Ripple CEOs Brad Garlinghouse and Chris Larsen have strongly influenced the price of XRP by increasing or decreasing the sales of their coins depending on the market situation. In an amended lawsuit filed on February 18, the SEC confirmed its allegations of violating U.S....
The growth of the cryptocurrency market was not only the result of the bitcoin (BTC) run but also the rise in prices for the largest altcoins. As a result, BTC's dominance index fell to its lowest level since October last year. Now, this figure is 60%. The share of Ether (ETH) in the market rose to...
Microsoft founder Bill Gates said in an interview with CNBC that he has taken a neutral stance on Bitcoin. “I don’t have bitcoin, I don’t have a short position in bitcoin. I am neutral towards this asset,” he said. Gates noted that his foundation uses certain forms of digital currency in...
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