Cryptocurrency News

Data from Glassnode shows that the number of Bitcoin active addresses has dropped by around 60% over the previous six weeks, becoming 758.000 from 1.3 M. This is the lowest indicator since April 2020. Daily transaction volume is also down. It fell below 300.000 for the first time since March 2020....

In a report by analysts from the investment bank JPMorgan, it is said that in the Q2 of 2021, institutional investors began to withdraw from bitcoin en masse. The driver of the change in the tactics of major players was the fall in the value of the largest cryptocurrency in May. At the same time,...

Against the background of the tightening of the policy of the Chinese authorities, mining companies are massively migrating to safer jurisdictions. It was this factor that led to a record drop in the bitcoin hash rate to the lowest values since May 2020. That has dropped below 100 exahashes per...

Tokyo-based multinational bank SoftBank has invested $200 M in Brazil's primary crypto exchange Mercado Bitcoin. The capital was attracted in terms of a Series B round. Thus, with the funding of digital asset 2TM Group, which owns the platform, its valuation reached around $2.1 B. 2TM aims to use...

Issues related to crypto regulation are periodically raised in the US Congress. Last Wednesday, the House of Representatives Finance Committee again held a meeting to assess the risks and implications of legalizing digital currencies. This event was attended by representatives of the expert...

Today, July 1, business magnate Elon Musk tweeted about his favorite cryptocurrency Dogecoin, again. Particularly, he wrote, "Release the Doge" as a description of the meme that depicts a photo of the popular movie "Godfather". The changed words of Godfather are "You came...

From European countries, Sweden and France recently announced accelerating efforts to create national digital currencies (CBDCs). Now Spain can join them. A proposal was sent to the Congress of this state to launch a token in connection with a decrease in the use of cash. A supporter of the launch...

American entrepreneur, the CEO of AI study and deployment company, OpenAI, Sam Altman presents a new startup, "WorldCoin" with two partners, Alexander Blania and Max Novendstern. The project gives a new type of crypto coin to every person. It needs to scan the people's eyeballs to provide...

At the end of last week, the President of El Salvador Nayib Bukele promised to give out $ 30 in bitcoin to all residents of the country. Then it became known that the state would send this cryptocurrency to Chivo crypto wallets. The developers of this service have become official partners of the El...

Reis Keiji, one of the founders of bankrupt crypto investment firm Africrypt, said that her portfolio did not come close to the attributed amount of $ 3.6 billion. “At the peak of the market, we managed just over $ 200 million,” Keiji said. According to him, the company irretrievably lost no...

American major bank BNY Mellon says it's the primary international bank to enable customers to hold, exchange and issue digital currencies. However, one of the bank's fund management branches doesn't quite agree with the company's crypto strategy. BNY Mellon's subsidiary Insight Investment which...

British authorities are tightening control over the cryptocurrency market. In connection with the tightening of the kingdom's position, local banks began to limit the operational capabilities of customers investing in bitcoin and other digital currencies. NatWest bank has set a limit on sending...

Chinese mining equipment manufacturer Bitmain will supply US-based TeraWulf with 30,000 Antminer S19j Pro devices. According to the agreement, miners will be delivered monthly from January to June 2022. As a result, the company expects the hashrate to grow by 3 EH/s. TeraWulf plans to go public....

Swiss digital assets investment company 21Shares is presenting the first Solana ETP on a global scale. The instrument will go live today under the ticker “ASOL” on Switzerland’s principal stock market, the Swiss SIX. Thus, investors will be able to follow Solana's investment results with a...

Leading cryptocurrency trading platform Coinbase has revealed plans to create a crypto app store presenting third-party developed products. On June 30, the company published a blog post, where Coinbase CEO Brian Armstrong shared the plans also talking about the path crypto and DeFi have been...

Most of the countries overseen by the Financial Action Task Force on Money Laundering (FATF) have not performed obligations for crypto companies. That is stated in the notification following the results of the plenary meeting of the organization. FATF standards are currently supported by 58 out of...

Soccer player Tom Brady and his wife supermodel Gisele Bündchen partner with crypto platform FTX. The couple's taking an equity stake in the company is a step in the long-term cooperation. 🤝https://t.co/BcOXRczr9F@TomBrady @giseleofficial— SBF (@SBF_Alameda) June 29, 2021...

Music, podcast, and streaming service Tidal, owned by payment company Square, will explore the possibility of using non-fungible tokens (NFT) on its platform. That was announced by Jack Dorsey and Jay-Z during a live broadcast on Twitter. In their opinion, the tool will allow artists to manage...