Cryptocurrency News

Miami-based luxury yacht rental company Prime Experiences has added the ability to pay for services in BTC. With the introduction of the new function, the firm plans to generate a profit of $ 6.5 million for the year. The expected figure is twice the previous one. “Many doors have opened with...

On May 17, crypto exchange Coinbase revealed its plan to boost $1.25 B by selling convertible bonds. The latter is a security offering that allows the purchaser to acquire shares or cash of common stock in the issuing company. In the case of Coinbase, the sale represents Convertible Senior Notes...

For most SkyBridge Capital clients, Dogecoin is not up to scale, but it can be a competitive store of value. This opinion was expressed by the founder of the asset management company Anthony Scaramucci. “Maybe it will be silver to bitcoin gold. This is happening right now. Either it will work or...

According to DoubleLine CEO Jeffrey Gundlach, Bitcoin is a common speculative instrument. It is used by a certain group of investors who siphon money out of most traders. In this regard, we see a lot of similarities with a regular casino, the billionaire said in an interview with Yahoo Finance....

Tesla and SpaceX founder Elon Musk listed what needs to be improved in Dogecoin for the meme cryptocurrency to surpass Bitcoin and become the world's money. And again everything is taking place on Twitter. Ideally, Doge speeds up block time 10X, increases block size 10X & drops fee 100X. Then...

The native token of the Solana blockchain SOL has increased in price over the previous 7 days. On May 16 it hit a new all-time high of $52.50. Currently, the token ranks 16th with a market cap of $13.6 B. It trades at around $49. The surge happens at a time when red lines prevail in the crypto...

The largest altcoin ether (ETH) retreats at the end of the week amid profit taking by large traders. The ETH rate on Sunday, May 16, fell to $ 3800, the cryptocurrency capitalization fell to $ 439.933 billion. For the first time since the end of March, the broadcast ends the week with a pullback,...

For the first time since mid-2018 Bitcoin dominance index fell as low as 40.6%. The market cap of the coin is under $1 trillion and stands at about $843 B. The BTC price has seen over a 22% decline during the previous 7 days. Currently, it trades at around $45.000. Bitcoin saw a major decline on...

The youngest billionaire in the crypto industry Vitalik Buterin has burned 90% of his Shiba Inu owning, valued at $6.7 B received by the coin's developers. Data from Etherscan shows that the transaction was done on May 16. In an attached note Vitalik Buterin gave the motive of his move. He said it...

Control over crypto traders began to be strengthened by many countries. South Korea, for example, will force all users of bitcoin exchanges to pay tax to the treasury from 2022. Argentina is also acting in a similar direction. The country’s tax office this week ordered all crypto exchanges to...

Internet Computer (ICP), a coin released on May 10, now has a market cap of about $35.2 B and is among the top 10 cryptos. The token trades at about $283. Its highest price of $737 was registered on the launch day. ICP is the in-built token of IC built by the tech firm Dfinity Foundation. The...

American model and actress Emily Ratajkowski sold NFT Buying Myself Back: A Model for Redistribution at Christie's for $175,000. The name NFT refers to an article by Ratajkowski in The Cut blog of New York Magazine on September 15, 2020. In the article, the model criticized artist Richard Prince...

The native token of the Cardano blockchain ADA has seen over a 12% increase during the previous 24 hours and hit a new all-time high of $2.18. Currently, ADA ranks 4th by market cap, which stands at about $66.8 billion. The new record has taken place at a time when many cryptocurrencies see price...

Argo Blockchain has bought two data centers in the Canadian province of Quebec. The facilities previously owned by GPU.one are using the power of the local hydroelectric power plant. The total capacity of the data centers is 20 MW. They already house "a significant portion" of the Argo...

The High Court of London has allowed self-proclaimed Bitcoin creator Craig Wright to file a lawsuit against Bitcoin Core developers. The company represents the interests of Wright's Tulip Trading Limited (TTL). There are 16 developers as defendants, including Jonas Schnelli, Peter Wülle, Marco...

On May 13, Tether Holdings, the creator of the stablecoin Tether (USDT) presented the crackup of its reserves done on March 31. As stated in the report, the stablecoin's reserves are mainly composed of 75.85% cash and equals, then come secured loans, bond certificates, valuable metals, and other...

Brian Armstrong, the Chief Executive Officer of Coinbase, announced the listing of Dogecoin on the platform within six weeks. Armstrong informed the news during a call with investors and analysts arranged to discuss Coinbase Global's run in Q1, 2021. According to him, the listing will take place...

DBS Bank's Wealth Clients Division has added Bitcoin, Ethereum, Bitcoin Cash, and XRP investment trusts to its product line. The tool is available in US dollars, Japanese yen, Hong Kong, and Singapore national currencies. The bank said that this is the first proposal of this kind in Asia. The...