Cryptocurrency News

The fall in the value of bitcoin in May and June led to a sharp decline in the interest of institutional investors in this instrument. According to ByteTree Asset Management, the volume of cryptocurrency managed by Canadian, American, and European funds fell to a four-month low. Last Friday,...

According to data provided by the mining calculator CoinWarz, the Bitcoin hashrate fell at 103.34 EH/s. Hashrate is an important indicator of BTC performance as it reflects the value of how many hashes are being produced by miners attempting to solve a BTC block. So, it depends on the mining...

The press office of Danske Bank, the largest bank in Denmark, announced that it does not intend to reject transactions with bitcoin and other cryptocurrencies. At the same time, the bank does not plan to offer any cryptocurrency services to its clients. Danske Bank will alert people to the risks of...

Scammers are sending fake hardware wallets to people whose data was collected through a 3rd party data leak. Those are fake wallets for stealing crypto. The scam first appeared in May. Cybercriminals mailed people packages that include a fake Ledger Nano wallet. On June 17, Ledger explained the...

The underlying asset of the Binance Chain network, the BNB token (Binance Coin), has suffered losses over the past few weeks. The rollback is observed against the background of the general correction of the cryptocurrency market. On Saturday, June 19, the BNB fell to $ 340. Cryptocurrency...

A Paraguayan official, Deputy of the Nation, Carlos Helman, said the country is going to legalize BTC in July. He informed the news via Twitter. Rejala is a Bitcoin supporter and his profile picture on Twitter is with Laser Eyes. He says Paraguay needs to make progress hand-in-hand with the new...

The authorities of the Chinese province of Sichuan demanded to stop the activities of “key” miners and forbade local energy companies to supply them with electricity. According to the portal, on June 18, the Sichuan Provincial Development and Reform Commission and the local Department of Energy...

Ether (ETH) fell to $ 2387 on Thursday, June 17, and the altcoin continues to trade in the red. The coin is likely to hit the lows today. However, despite the drop in the cost of ether, large investors continue to accumulate cryptocurrency and withdraw it from trading floors. This trend has been...

Racecar driver in NASCAR, Landon Cassill will get some amount of his salary in BTC and LTC in terms of sponsorship with crypto asset trading platform Voyager. Cassil shared the news via Twitter. Voyager concluded a contract with Cassill, which will start function this weekend. @InvestVoyager...

Grayscale Investments has listed 13 additional assets based on which it can offer new investment trusts to clients in the future. The company has promised to periodically update the list. Grayscale explained that they do not guarantee the launch of new products based on each of the presented...

Cryptocurrency company Circle has announced a partnership with startup Maps.me behind the offline navigation service. As part of the agreement, the platform will add support for the USD Coin (USDC) stablecoin. According to the press release, Maps.me users will be able to use stablecoins for instant...

Indonesia joined those countries that decided to declare war on bitcoin and the crypto sphere in general. The central bank of this country has banned the use of any digital currencies when paying for goods and services. Perry Varjiyo, who is the head of the Central Bank of Indonesia, made a...

General Motors CEO Mary Barra admitted that the carmaker will start accepting payments in the first cryptocurrency upon request from customers. In an interview with CNBC, she said: “Nothing prevents us from doing this. We will be guided by our...

Bitcoin has no value, but stablecoins can occupy a certain niche in the financial system. This was stated by the chairman of the Bank of England Andrew Bailey. The head of the regulator noted the outgoing danger from decentralized assets like bitcoin, as well as interest in stablecoins and national...

The crackdown on miners in China has yielded results. The computing power on the bitcoin network has plummeted to its lowest levels since the end of last year. BTC hashrate descended to 129.1 exhashes per second (EH / s) on Thursday. The last time this indicator was at this level was at the...

English-American computer programmer and entrepreneur John McAfee announced via Tweet that although the US believes he has hidden some crypto, his all crypto capital is gone. McAfee said he would like to have crypto but his holdings have dissolved by Team McAfee and the remained amount was seized....

Due to pressure from the authorities, South Korean crypto exchanges began to exclude some digital currencies from the listing. First of all, this refers to the tokens that pose the greatest risk for investors, according to the news agency Arirang. Reporters found out that the Upbit exchange decided...

The largest altcoin ether (ETH) is trading at $ 2,528 in the middle of this week. The coin has been stagnating since the beginning of June. But fees for processing transactions on the Ethereum network in monthly terms fell by almost 90%. If in mid-May the average commission was $ 45, now it does...