Cryptocurrency News

Switzerland-based digital asset bank Sygnum launched services of Ether 2.0 staking, becoming the first bank on the global scale to do so. As stated by the institution, customers will be able to use its banking platform that brings up to a 7% yield yearly. Staking will be possible to do from users'...

Compared to May, in June 2021, the activity of users of cryptocurrency exchanges has significantly decreased. According to the Block Research team, the volume of trading in digital currencies last month was $ 958.3 billion. Compared to May, this figure fell by about 56%, the researchers note....

In Beverly Hills, a mansion for $65M was put up for sale, which can also be paid for with bitcoin. At the exchange rate at the time of writing, the price in the first crypto is around 1930 BTC. In the case of a purchase with Bitcoin, the transaction will be the largest in the real estate sector...

China's Central Bank ordered the shut down of the software firm Beijing Qudao Cultural Development Co, saying it may provide crypto services. Authorities ordered the firm to cancel operations, also deactivating the website. According to Chinese law, Beijing-based companies are disallowed to...

The world's largest crypto exchange Binance has come under scrutiny from many countries. Great Britain was on the list of such countries. The Kingdom's Financial Conduct Authority (FCA) has ordered the Binance platform to stop serving local traders. The regulator motivated its decision by the fact...

During a recent interview with Kitco News, Celsius Network CEO Alex Mashinsky shared his views on the two largest cryptocurrencies: Bitcoin and Ethereum. Mashinski finds that the possible scenario when Ether gets ahead of BTC has already begun. Talking about Celsius, he noted that the flippening...

On July 5, the information resource Bitcoin.org was subjected to a DDoS attack. Attackers demand to pay them 0.5 BTC (over $ 17,600 at the time of writing). That was announced by the operator of the site under the nickname Cobra. “This is a very powerful attack and difficult to deal with. I...

Whales seem to show a higher interest in BTC compared to the statistics from May. Data shows that the number of coins held by whale entities reached its peak since May, going up to 4.216 million from 80.000. Whales are considered the addresses controlled by a single network participant that...

Bitcoin ends the week below $ 35,000, with the coin trading at $ 33,670 on Saturday. According to some analysts, BTC is unlikely to break through to $ 35,000 in the coming days. Network activity remains weak, which means that no serious movements in the market will take place soon. Data from the...

The State Hermitage is in talks with the Binance exchange regarding the issuance of NFTs and the sale of tokenized works of art. This is reported by "Interfax" concerning the statement of the head of the legal department of the museum Marina Tsyguleva. She clarified that all exhibits are...

Data from Glassnode reveals that the BTC blockchain faces the largest decline since its creation. The mining difficulty of the coin went down by around 28% at block 689,471 on July 2. #Bitcoin mining difficulty just saw its largest downward adjustment in history: -28%https://t.co/dREzQkzRBk...

Binance started having problems in many countries. First, it became known about the company’s problems in Canada and the UK. The Japanese Financial Services Agency (FSA) then urged Binance’s management not to hesitate to register to serve local traders. Now control over the activities of the...

Leading digital currency asset manager Grayscale announced adding the native token of the Cardano blockchain ADA to its Digital Large Cap Fund (GDLC). Welcome aboard, #Cardano. We have adjusted the portfolio of Grayscale Digital Large Cap Fund to now include $ADA.— Grayscale (@Grayscale)...

Bitcoin met July at $ 33,500. The coin attempted to break above $ 37,000 at the beginning of the week but failed to break the resistance that sharply increased after breaking the $ 35,000 mark. At the very beginning of the second quarter of 2021, BTC was trading at around $ 58,800. However, by the...

JPMorgan recently published a report, where the CEO Jamie Dimon and two senior analysts shared their views on blockchains, Ethereum upgrades, and staking. They mentioned the importance of running more energy-efficient networks and that the popularity of these types of networks will grow. As...

In early June of this year, the Parliament of El Salvador adopted a bill on the legalization of bitcoin, initiated by the team of the country's President Nayib Bukele. However, international financial organizations represented by the World Bank and the IMF criticized this decision by the...

On July 1, California-based financial services company Robinhood filed for IPO with the US SEC. The news came one day later after being fined $70 M by Wall Street's industry regulator. Despite the fine and lawsuits, the platform has been growing. Currently, it holds over $80 M in assets and the...

On July 1, a law came into effect in Germany, giving the right to investment funds to invest in products focused on the cryptosphere. In theory, more than € 400 billion could be channeled into digital assets. The law allows institutions to channel up to 20% of their capital into innovative...