Cryptocurrency News
Cryptocurrencies have become an impartial part of our life. Blockchain Today is a platform that provides you with the latest news about this important financial tool and notifies you about upcoming events.
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Elon Musk Working With Doge's Developers. The Coin Raises
Today, May 14 Tesla and Space X CEO Elon Musk tweeted about the crypto industry twice. In his first tweet, the business magnate noted that he strongly believes in crypto, but is worried about fossil fuel use. To be clear, I strongly believe in crypto, but it can’t drive a massive increase in...
The head of SkyBridge Capital bets 0.005 BTC on Tesla mining
The founder of the SkyBridge Capital investment company Anthony Scaramucci divined that in the coming year one of Elon Musk's companies will enter the market of environmentally friendly cryptocurrency mining. “Elon is not a man of half measures. I predict he will revolutionize the bitcoin mining...
Diem withdrew the application for a license in Switzerland
The project behind the development of the digital currency, Diem, has withdrawn an application for a license as a payment system in Switzerland. This was reported by the local Financial Market Supervision Authority (FINMA). The Swiss regulator explained the withdrawal of the application by the fact...
MicroStrategy Acquires 271 Bitcoins for $15 M
On May 13 Virginia-based business analytics firm MicroStrategy revealed acquiring 271 Bitcoins for $15 M. The average cost of one unit was about $55.387. The company's CEO Michael Saylor informed that overall MicroStrategy holds around 91,850 bitcoins purchased for about $2.241 B. MicroStrategy...
Phison predicts SSD shortage by 2023 due to Chia miners
The Taiwanese company Phison Electronics has warned of an upcoming increase in SSD prices due to the excitement around the mining of the Chia cryptocurrency. In the third quarter of 2021, Phison, along with other manufacturers of NAND flash memory and SSD controllers, intends to increase the cost...
Mining Difficulty of BTC Sets New Record Highs
The mining difficulty of BTC reached a new high of 25.05 trillion, which means about a 21.53% increase. As it is known mining is the process of new bitcoins adding the circulation and the difficulty indicates how complicated it is to mine a block or how much calculational effort it requires. ...
Vitalik Buterin Sells Shibs, Sends the Sum to an Indian Fund
Ethereum co-founder Vitalik Buterin sold a significant part of his meme coins directing the sum to different contribution funds. Among his purchases was selling Shiba Inu tokens (SHIBs) worth $1.2 B and sending the money to a charity fund for India's current fight to overcome COVID. When Shiba...
Hungary decided to reduce pressure on crypto-traders
Back in 2014, the Hungarian Central Bank urged citizens not to invest in bitcoin and other cryptocurrencies. According to the regulator, investing in digital assets is an extremely risky venture. BTC and other virtual coins show a wide range of price fluctuations, and the investor risks losing all...
Tesla Stops Bitcoin Payments, the Coin's Price Drops
Today, May 13, Tesla CEO Elon Musk informed that the company is no longer allowing payments in Bitcoin. In the tweet posted by Musk, he mentioned that the reason is BTC's using a large amount of energy which is bad for the surroundings. When the coin starts using more environment-friendly energy,...
Palantir Technologies will consider investing in Bitcoin
Data analysis software developer Palantir Technologies is considering investing in bitcoin and other cryptocurrencies. Writes about this CNBC concerning a statement for investors. The company announced financial results for the first quarter of 2021 and noted that digital assets are "clearly...
Bitcoin exchange app Coinbase tops US AppStore rating
For the first time since 2017, the Coinbase app ranked #1 on the US App Store. Coinbase was named one of the ten most popular free apps on the App Store on the day of the Bitcoin exchange listing on the Nasdaq, April 14. As a reminder, Coinbase received more than 2,000 government requests in six...
Stanley Druckenmiller Talked About Dollar Status and Crypto
American billionaire investor, hedge fund manager Stanley Druckenmiller finds that cryptocurrencies can solve problems created by the Fed’s controversial policy at the time of the global pandemic. He noted that the dollar is at the risk to lose its global reserve currency position. The dominance...
Ethereum-exchange NiiFi attracted $3 million in investments
NiiFi, based on the second level Ethereum solution Nahmii 2.0, raised $ 3 million. The seed round of financing was led by the DARMA Capital fund launched by ex-ConsenSys employees. The round was also attended by A195 Capital, AU21 Capital, Blocksync Ventures, Lotus Capital, Matterblock, Moonwhale...
Yearn Finance Launched Meme Coin Woofy, YFI Price Surged
DeFi aggregator focused on yield farming, Yearn Finance launched a meme coin Woofy on May 11. Afterwards, the price of the protocol's native token YFI raised more than 43% setting a new all-time high of $90.786. Yearn.finance's developer with the nickname "banteg" posted about the token...
eBay Becomes the First E-Commerce Firm to Enable NFT Sales
Popular electronic purchase firm eBay started allowing NFT trading on its platform thus becoming the first online shop to do so. eBay said it will provide the option of selling NFTs for collectibles like videoclips, pictures, or trading-cards. Senior VP and general manager of eBay's North American...
Boxer Floyd Mayweather to release the NFT collection
Multiple world boxing champion Floyd Mayweather has announced the release of a collection of non-fungible tokens (NFT) ahead of the fight against blogger Logan Paul. “Right now my career is over, but my name will always live on because of what I have done, the legacy I left, and the mark I left...
Ether Reaches Another All-Time High Surging over $4360
Over the previous 7 days, the price of Ether saw over 31% increase. Today it set another all-time high surpassing $4360. The token's market dominance index is 19.84% and its market cap went up to $500 billion. That is larger than the market cap of Visa (480,90 B) and JP Morgan Chase (479.92 B). ...
Tom Brady's Avatar on Twitter Now Is With Laser Eyes
The US National Football League (NFL) star Tom Brady changed his Twitter profile pic to one where he has laser eyes to support Bitcoin. Earlier rumors were spread that the player has invested in BTC. #NewProfilePic pic.twitter.com/W1UQ4yoQHz— Tom Brady (@TomBrady) May 10, 2021...
Cryptocurrency came to us in 2009 and became a twofold phenomenon. Many think these assets will bring freedom to the traditional financial system: many suppose they can give opportunities to scammers and fraud. But no matter what, everyone understands that crypto has become a serious game-changer in world economics.
Cryptocurrencies are becoming more and more popular day by day. One of the reasons for that is P2P transactions. People can send money to each other without bank mediation, faster and cheaper.
Nowadays, more than 2000 crypto coins are operating on the market. Because of active tradings with high volumes, the crypto market regularly improves. And when some people rely only on technical analysis of the market, others need to know what happens fundamentally. And here is where Blockchain Today can help.
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