News and Articles by Diana

Coinbase made it to the top 10 free apps in the US App Store. As of Friday, January 29th, Coinbase is ranked 4th behind Robinhood, Webull, and Reddit, and ahead of TikTok, Cash App, and Zoom. Coinbase entered the top 30 free apps in the App Store earlier this month. Ranked leader Robinhood, a...

On January 29, the price of BTC jumped more than $ 5,000 an hour after SpaceX founder and Tesla CEO Elon Musk added the hashtag #bitcoin to his Twitter profile. The price peaked at $ 38,000 after "advertising bitcoin" on the page of the richest person in the world at the...

By the end of 2021, at least one financial institution will launch its own Defi platform for its clients. This opinion was expressed by the head of forecasts of Ernst & Young (EY) Paul Brody. According to him, EY continually communicates with various banks and large corporations. They see...

Circle announced the addition of Automated Clearing House (ACH) payment support, which is going to allow US users to buy USD Coin (USDC) stablecoin and use the Circle API to integrate various products and protocols using USDC. US customers use ACH to transfer funds between regulated banking...

Existing cryptocurrencies do not have a suitable model that would allow them to work as a means of payment in the long term. Governor of the Bank of England Andrew Bailey said this at the World Economic Forum in Davos. In a separate session entitled “Restarting Digital Currencies,” Bailey noted...

The Reserve Bank of India (RBI), the country's central bank, is looking into the need to launch its digital currency (CBDC). In a brochure on payments systems published on Monday, January 25, RBI said it is going to explore launch options if the need for the digital rupee arises. “Private digital...

The outflow of Ether (ETH) from cryptocurrency exchanges has been increasing since mid-January 2021. Many analysts have previously paid attention to this trend. Alex Saunders tweeted that January 22 saw the most massive outflow of digital currency from marketplaces. In just an hour, the exchanges...

Investment firm Grayscale has donated $ 1 million to Coin Center, a non-profit organization to promote and protect the interests of the crypto industry. According to a January 25 press release, Grayscale plans to raise another $ 1 million for Coin Center by the end of February. In 2016, the...

The capitalization of the stablecoin Tether (USDT) has started to grow rapidly since January last year. Many analysts are positive about this trend and believe that the inclusion of the printing press leads to an increase in the value of bitcoin. Now the capitalization of USDT is just over $ 24.751...

Coinbase, the largest crypto exchange in the US, announced to its shareholders that it is opening a secondary market for stocks on the Nasdaq Private Market. “On Monday, January 25th, you will receive an email from the Nasdaq Private Market with details on how you can access the market, which...

Eleven key participants in the DeFi project yEarn.Finance proposed to increase the emission of YFI by 6666 tokens (~ $ 200 million). The funds will go towards rewarding core developers and creating a contingency fund for distribution under community supervision. A third of the 6666 YFI ($ 67...

Employees of the software development firm Sequoia Holdings will be able to get a portion of their salary in Bitcoin, Ethereum, or Bitcoin Cash. “We are delighted to offer our team a new opportunity. Many of our employees support cryptos,” said co-founder and CEO Richard Stroup. Sequoia...

The anonymous crypto network Firo (previously known as Zcoin) has been hit by a 51% attack. The Firo team is currently negotiating with exchanges and pools. Users are strongly advised not to make transactions on the Firo network. The developers also told about the testing a solution "that...

Ripple ex-advisor Michael Barr may head the Office of the Comptroller of the Currency (OCC) under the Joe Biden presidency. If appointed, Barr will replace Brian Brooks, a previous chief lawyer at cryptocurrency exchange Coinbase, who worked as head of the OCC from May 2020 to January 2021. At...

Researchers from the Chainalysis company found that in 2020 the share of the illegal use of bitcoin and other cryptocurrencies has significantly decreased. However, such tools are still very popular among criminals because they can be used to send funds anonymously, the analysts said in a report....

British financial firm Ruffer Investment believes institutional investors will gradually move into bitcoin. That is stated in the review of the giant, dedicated to assessing the market situation over the past six months. The authors noted that as early as last year, there was a tendency in which...

Iranian law enforcement agencies have confiscated another batch of underground mining equipment. According to the local news agency Tasmin, this illegal mining farm stole electricity from the state-owned company Tavanir. In the Islamic Republic, power engineers, together with law enforcement...

On January 18, 2021, the Binance Coin (BNB) rate rose to a record high: the coin rose to $ 46.18. Today, the token retreated as part of the correction and fell to $ 45.46. Cryptocurrency capitalization on Tuesday, January 19, fell to $ 6.474 billion, but BNB is still in the top ten altcoins. Over...