Cryptocurrency News

MicroStrategy CEO Michael Saylor described the role of cryptocurrencies in the digital future world and explained the company's business strategy. Answering the question of why the developer of analytical software for business continues to buy bitcoin, he noted that this has become one of the...

Over the past 30 days, sales of non-fungible tokens (NFT) have decreased by about 20 times. According to data from analytical service Nonfungible. On May 9, NFT's sales reached $ 176 million per day, and by June 15, the figure was reduced to $ 8.7 million. “Every time any trend rises rapidly,...

US-based leading platform for crypto operations, Coinbase Pro informed about listing three new tokens: Shiba Inu (SHIB), Keep Network (KEEP), and Chiliz (CHZ). As stated in the publication, the tokens will be allowed in Coinbase's supported jurisdictions besides Singapore. KEEP and CHZ won't be...

Against the backdrop of repressions against Chinese miners, the bitcoin hash rate began to decline rapidly last week. Today this figure is around 110 exaches per second (EH/s). On June 10, the hash rate exceeded 140 EH / s, and a day later it fell below 100 EH/s. Only today the computing power has...

Billionaire Tim Draper has previously stated repeatedly that Bitcoin is focused on growth in the long term. For example, last summer, the financier confirmed his position and added that the authorities of Western countries themselves will provoke the strengthening of BTC. The United States and...

More and more countries are declaring the need to implement cryptocurrency regulation. This week with the same statement was made by the National Commission on Joint Stock Companies and Exchanges of Italy. The chairman of this department, Paolo Savona, stressed that if the state cannot establish...

A former employee of the US Securities and Exchange Commission (SEC) Christian Sabella joined the Bitcoin exchange Coinbase. This was announced by the chief lawyer of the company Paul Grewal. According to the agency's website, Sabella has been with the agency since 2011. Before that, he served as...

For the first time, this month Bitcoin's price surpassed $40.000. The raise happened on June 14. Currently, the coin trades at over $40.200 with a market cap of around $834.7 Billion. Several factors had an impact on the price growth. Tesla CEO Elon Musk announced the company will start accepting...

Bitcoin miners have met the conditions for activating the Taproot update. The soft fork will take place around mid-November 2021 at block # 709632, said developer Peter Welle. The developers have implemented the Speed Trial update activation method in the Bitcoin Core release in May. The mechanism...

The most famous meme cryptocurrency is Dogecoin (DOGE). This coin is periodically praised by Tesla CEO Elon Musk. However, other joke tokens are available on crypto exchanges. Among them, for example, Piscoin and CumRocket stand out. Thailand's Securities and Exchange Commission has banned all...

The central bank of Argentina has suspected several crypto companies of illegal financial transactions. The regulator said in a statement about the beginning of an investigation into the activities of nine companies, which were allegedly engaged in mediation between investors. They transferred fiat...

Lately, Dutch official Pieter Hasekamp issued an article “The Netherlands must ban Bitcoin", where he said that crypto crumple is unavoidable and urged the authorities to forbid crypto sooner. Answering this, Finance Minister Wopke Hoekstra said he doesn't agree with an entire crypto ban....

Last week, the El Salvadorian government passed a bill to legalize bitcoin for the first time in the world. This event supported the market and strengthened the position of BTC. Today it became known that another country may recognize bitcoin and other digital currencies as legal means of payment....

In a recent Tweet, Tesla CEO Elon Musk said the company will allow Bitcoin payments again when the mining of the coin becomes more environmentally friendly and uses approximately 50% renewable energy. Following Musk's announcement that Tesla no longer accepts BTC payments in May, a lot of people...

After the parliament of El Salvador supported the presidential bill to legalize bitcoin, the cryptocurrency was able to strengthen slightly. On some trading floors, in the middle of the week, the BTC rate exceeded $ 38,000. However, a correction returned to the market over the weekend, as a result...

World-famous DJ David Guetta is ready to sell an elite apartment in Miami for cryptocurrency. The musician put up housing in a prestigious area of ​​the city for $ 14 million. He is also ready to accept payment in bitcoin or ether. If we take the current prices of these digital currencies as a...

Businessman Jack Dorsey said he sees a possibility to include Bitcoin's Layer 2 solution Lightning Network into one of the media platforms led by him. When Dorsey posted about sphinx_chat, a forum where people can talk about lightning, a user named @deyonte, suggested Lightning Network's inclusion...

The press center of the Texas Department of Banking said that now local lending institutions can process customer transactions with cryptocurrencies. In particular, they will be able to provide services for storing and accepting bitcoin or other virtual coins. A special order from the department,...