Cryptocurrency News

The IDO (Initial DEX Offering) of the Metis DAO project will be held on the Ignition platform from PAID Network in a lottery format. Investors need to register on the token sale page before May 8, 07:00 (Moscow time). Ignition will award lottery tickets for every 1000 PAID tokens in the Metamask...

While Bitcoin price continues to be far from the previous all-time high, altcoin season is going on. BTC dominance index fell at 44,85%. Along with this, most altcoins are seeing noticeable price growths. Within the previous 12 hours, two of them, Cardano (ADA) and Ethereum Classic (ETC) hit new...

ASIC miner manufacturer Bitmain has placed an order with Taiwanese TSMC for 5nm chips for its hardware. It is reported by Tom’s Hardware. TSMC plans to start production in the third quarter of 2021 and significantly increase production for Bitmain in the first quarter of 2022. TSMC N5...

On May 6, American financial services and digital payments company Square released a shareholder letter for the first quarter of this year. As the paper shows, Square's P2P payment solution Cash App generated $3.51 B of BTC revenue during Q1, 2021. For the same interval of the previous year,...

Ripple Lab's native cryptocurrency XRP has seen a 97% sales growth in the first quarter of this year. On May 6, Ripple released the company's market report for Q1 which shows that the entire sales net of the token's trades reached $150.34 M compared to the Q4 2020 when it was $76.27 M. XRP's sales...

Tech giant Amazon has unveiled the Chia cryptocurrency mining solution on its cloud computing platform Amazon Web Services (AWS). In a quick guide, the company talks about the specifics of mining Chia and offers several options for using their cloud system for these purposes: Compute resources of...

Tesla CEO Elon Musk who is a big supporter of Dogecoin shared his thoughts about crypto investing during the TV program TMZ. Musk says crypto is promising, however, he advises investing with caution. The billionaire once again mentioned Dogecoin, saying it can be the future of currency and in...

On Tuesday, May 4, 500 BTC (about $ 27.6 million) went into motion for the first time since consolidation in 2013. This address received funds from dubious exchanges. He is ranked at an average level of risk. In March 2021, the Telegram channel announced the first movement of 5,000 BTC (about $ 284...

Nasdaq-listed bitcoin exchange Coinbase has announced plans to become a predominantly telecommuting firm. The company has ditched its headquarters and is planning to close its former headquarters in San Francisco in 2022. By doing this, Coinbase aims to show workers that none of the locations will...

The US federal court ordered the Kraken cryptocurrency exchange to provide the IRS with information about users who made large transactions in 2016-2020. According to a statement, the IRS has served Kraken with the so-called John Doe summons. The agency is interested in the data of clients who,...

Bitcoin Cash (BCH) is again in the top 10 cryptocurrencies. It ranks the 9th with over $26.8 B market cap. The price of the coin has seen more than a 79% increase over the previous 7 days, surpassing $1470. BCH's hard fork that occurs twice a year, is scheduled for May 15. It plans to remove the...

On May 5, Buenos Aires-based e-commerce technology firm Mercado Libre published the Q1 results of the company, where it stated buying $7.8 million worth of BTC. The firm added recently acquired coins to its balance sheet. In the issued press release Mercado Libre published the progress of the...

China continues to control the lion's share of the BTC hashrate. However, in the expert environment, some have already paid attention to factors signaling a gradual decrease in the influence of the Celestial Empire on the BTC network. According to Chun Wang, co-founder of one of the greatest mining...

The Georgian authorities decided to follow the example of those countries that are actively developing a national digital currency (CBDC). Recall that the Bank of France recently reported on the successful test of a token pegged to the euro. This week, the Central Bank of Georgia announced that it...

A bill brought in the NY State Senate considers halting BTC mining for 3 years to study deeply its consequences for the surroundings. Bill 6486 was put forward by Senator Kevin Parker to the Senate's Committee on Environmental Conservation. If approved Bitcoin mining will be allowed only after a...

Protocol Labs, behind the development of the Filecoin decentralized platform, has released a free service called NFT.Storage. It is designed to store non-fungible tokens. The service was developed in conjunction with blockchain startup Pinata. It is based on Filecoin and IPFS technologies....

If holders of the altcoin XRP interfere with the process against Ripple, then the Securities and Exchange Commission (SEC) can sue them. This is stated in the appeal of the regulator to the US judicial authorities. Recall that at the end of last year, the SEC initiated a lawsuit against Ripple,...

Widely followed American stock market S&P Dow Jones presented indexes of BTC and Ether. The entity first disclosed the intention in December 2020. The initial plan was to launch indices for the leading 550 most exchanged crypto coins and tokens. Released S&P Bitcoin Index (SPBTC) and...