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News and Articles by Diana



Elon Musk

Elon Musk urges the US to abandon plans for crypto regulation

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Tesla CEO Elon Musk is known as one of the fans of the digital currency Dogecoin (DOGE). Last Tuesday, the businessman spoke at a conference in California and called on the US authorities to abandon the implementation of crypto regulation. It is impossible to destroy this industry, but states can...

ETH

The share of profitable Ethereum addresses fell below 90%

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The September fall in the value of the largest altcoin, Ether (ETH), led to a sharp and noticeable reduction in the share of profitable addresses. Ether capitalization decreased to $ 344.993 billion. According to the Glassnode platform, the share of profitable Ethereum addresses fell to its lowest...

Bobby Lee

Bobby Lee expects all OTC platforms in China to close

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The Chinese authorities will continue to put pressure on the crypto sphere; soon, we should expect new prohibitive initiatives from the People's Bank. This point of view is shared by the ex-head of the BTCC exchange Bobby Lee. On CoinDesk TV, he announced that over-the-counter (OTC) platforms are...

Investors

More than 60% of institutionals are ready to invest in crypto

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Rumors about institutional adoption of crypto have been going on for the past several years. Some experts say that financial institutions are willing to invest in products focused on bitcoin and other coins. However, some skeptics doubt that institutions are interested in innovative tools. For...

investors

Institutionals took advantage of the fall in the PRC stock market

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Over the past few months, institutional investors have been withdrawing from bitcoin funds and investing in altcoin-focused products. According to CoinShares, financial institutions took advantage of the fall in the Chinese stock market and invested in crypto products at the most comfortable prices...

Ethereum

Drop in the exchange balance of Ether eases pressure on the market

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Almost all categories of investors are involved in the accumulation of Ether (ETH). According to Santiment, the whale addresses accumulated over 21% of the total cryptocurrency supply in September. These wallets now control the highest volume of ETH since early May 2017, the researchers emphasized....

Anthony Scaramucci

Scaramucci questioned institutional acceptance of Bitcoin

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SkyBridge Capital, founded by Anthony Scaramucci, is one of the largest BTC investors. Scaramucci himself periodically points out the advantages of digital currency over other instruments. However, it is too early to talk about institutional adoption of bitcoin, the businessman mentioned. According...

Uniswap

UNI was the most productive of the top ten altcoins

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Over the past day, the best performance from the top ten largest digital currencies was demonstrated by the UniSwap decentralized exchange token. The UNI coin soared in price by more than 36% to $ 24.81. The capitalization of this cryptocurrency on Monday, September 27, reached $ 15.231 billion....

trading

Cryptotrader hamster portfolio outscores Buffett’s Berkshire Hathaway

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In three months, the value of the portfolio of Mr.Gox - a crypto trader hamster on the Twitch platform - has increased by 30%. During the same time, the assets of the Warren Buffett fund Berkshire Hathaway fell 2%, and the ARK Innovation ETF from Katy Wood rose about 5%. In June 2021, the...

Bank

Deutsche Bank analyst believes BTC has become part of financial system

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Bitcoin (BTC) will remain a volatile instrument, but it has already become part of the modern financial system. This point of view is shared by Deutsche Bank analyst Marion Labour. He believes that, in fact, BTC can be called digital gold. Cryptocurrency will exist for centuries its main advantage...

Nayib Bukele

Bukele: A third of Salvadorians are actively using Chivo

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After El Salvador became the first state in the world to officially recognize bitcoin as legal tender, discussions of this event only continue to gain momentum. Media, analysts, and financial experts from all over the world are closely monitoring developments in El Salvador and how this innovation...

Bitcoin

Number of wallets holding more than 1000 BTC is rising since September

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The September fall in the value of bitcoin (BTC) was taken advantage of by large investors, who are often called "whales". As a reminder, last week the price of the leading digital currency fell below $ 40,000. The pullback was triggered by massive sales in the American stock market. The...

Chile

Chile’s central bank will explore the possibility of issuing CBDC

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The President of the Central Bank of Chile, Mario Marcel, spoke about plans to form a team to explore the possibilities of digital currencies of national banks (CBDC). In the first quarter of 2022, the group will present a document with information on strategic goals, development rules, and...

US Treasury

CEO of SUEX announced his plan to appeal sanctions of US Treasury

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At the beginning of this week, the SUEX cryptocurrency platform, registered in Russia and the Czech Republic, was on the sanctions list of the US Treasury. The department said that the restrictive measures against the trading platform were introduced as part of the policy of the US leadership...

FTX

FTX moves headquarters from Hong Kong to the Bahamas

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FTX has moved its headquarters from Hong Kong to the Bahamas due to the favorable position of the regulators. Sam Bankman-Fried, founder and CEO of the trading platform, previously announced that FTX's subsidiary is listed with the Bahamas Securities Commission as a digital asset business. “As...

QuadrigaCX

Netflix will shoot a documentary about the founder of QuadrigaCX

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Streaming service Netflix plans to release a documentary about the death of Gerald Cotten, founder, and CEO of the bankrupt Canadian cryptocurrency exchange QuadrigaCX. "Follow a group of investors who turned into detectives and are trying to uncover the suspicious death of cryptocurrency...

Binance

Binance keeps leadership in BTC Futures trading volume

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Open interest in bitcoin futures is declining amid a cryptocurrency rollback. Now, this figure is $ 13.97 billion. Binance continues to hold the lead in all the leading metrics in the futures market. The trading volume of this product on the platform over the past 24 hours was about $ 20 billion...

FCA

FCA head urges Britons not to invest in cryptocurrencies

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Nikil Rati, who heads the FCA, has urged UK citizens to refrain from investing in digital currencies. Speaking in London at one of the events, the representative of the regulator again drew attention to the risks of capital investments in such instruments. A cryptocurrency investor should be...

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