Cryptocurrency News

The Central Bank of the Republic of Turkey presented a report to parliament detailing its views on cryptocurrencies. The document, which fell into the hands of journalists, lists the inherent risks of digital assets. In particular, the Central Bank drew attention to environmental problems....

Internet giant Google reviews its ad approach concerning the crypto industry. In a released post related to policy change on finance goods and services, the entity informs that from August 3, ad issuers suggesting crypto exchanges and wallets focused on the US may advertise products and operations...

The creator of the Internet meme “Pepe the Frog” Matt Fury will release a limited collection of non-fungible tokens (NFT). The artist told Decrypt about this. The PEGZ collection includes NFT portraits of characters created by the author in 2D, 3D, and animation. For every ten collected tokens,...

In early April, the Bank of Thailand proclaimed its intention to begin testing the national digital currency (CBDC) as early as 2022. Media reported this week that the Central Bank has attracted a German tech company to develop its token. Giesecke + Devrient (G + D) will participate in the creation...

Ron Paul, former U.S. Representative for Texas's 22nd congressional district, said in a recent interview that he finds Bitcoin is a form of money and should be treated like that. There were discussed topics as inflation and issues with money printing and supply. Dr. Paul has always been a...

The activation of the Taproot update in the network of the first crypto was supported by 98% of the Bitcoin mining pools. This is evidenced by data from the Taproot Watch service. Upgradeable miners include special signal bits in the mined blocks. The developers implemented such a mechanism in the...

UK-based neobank Starling Bank will bring back its deposit feature to crypto exchanges according to the company representative. The restrictions will be lifted on June 23 after testing a new financial crime blocking system, he says. On May 31, Starling Bank suspended transfers due to concerns about...

Ethereum 2.0 deposit contract now holds over 5 million Eth worth around $13.6 B. The Ethereum environment is in the process of moving from a Proof-of-Work consensus mechanism to a Proof-of-Stake as a step of the system's development. The difference between these two is that PoW requires a lot of...

Events in May 2021 led to a decrease in bitcoin on-chain activity. The 7-day moving average of active addresses has dropped to its lowest since November 2020. The peak of the indicator fell in January of this year, the maximum value in May (1.235 million) almost reached it. Analysts stressed that...

On June 1, leading crypto exchange Coinbase published a blog post informing about the addition of DOGE to its platform for professional traders. The option to purchase Dogecoin will be unlocked for Coinbase Pro users from 9 AM June 3 if liquidity requirements are preserved. The launch will take...

American crypto exchange Coinbase announced the addition of a Visa debit card to Apple Pay and Google Pay throughout the United States (excluding Hawaii). In March 2020, the company added Google Pay support for Coinbase Card in European markets. A debit card converts Coinbase users'...

Financial holding Bank of New York Mellon (BNY Mellon) with $ 2.2 trillion in assets under management announced the creation of the Digital Innovation Hub. The structure will allow clients to store, transfer and issue digital assets, writes the Business Post. The division will become the custodian...

Max Kaiser, TV presenter and founder of Heisenberg Capital, expects the price of bitcoin to rise by 500% in the second half of 2021 to reach $ 220,000, according to Scott Melker's The Wolf Of All Streets podcast. In his opinion, the inflation of the US dollar stimulates the strengthening of the...

At the end of last week, the head of the Central Bank of Japan, Haruhiko Kuroda, criticized bitcoin and called it a speculative instrument. Before this, the cryptocurrency was attacked by the leaders of the Central Banks of Canada, Great Britain, and several other countries. Now they are joined by...

Over the past seven days, the value of the Cardano cryptocurrency (ADA) has risen by more than 11%. In terms of capitalization, this coin has already bypassed Binance Coin (BNB) and knocked it out of the top three altcoins. Crypto capitalization is now just over $ 52.123 billion. The ascent began...

In May Bitcoin's price saw a 36% decline, which is the worst drop after November 2018. The cryptocurrency was traded at around $58.000 at the beginning of May and closed the month with a price of about $37.000. Data shows that 47% fall happened from 14 May to 20 resulted in $14.2 billion...

Affordable government-supported power supply in Argentina opens more BTC mining opportunities allowing to mine from home. Generally, BTC mining is growing in places with low utility prices as it brings more income. As for Argentina, experts say the new policy adopted by the government can be used...

A Sydney resident spoke about the loss of all her savings due to a fraudulent cryptocurrency scheme. She announced this on the air of the local radio station 2GB. A woman who has worked as a nurse all her life saw an advertisement offering to invest in bitcoin on the Internet. The project was...