Cryptocurrency News

The Grayscale Bitcoin Trust (GBTC) hit a record low of -18.92% on April 22. This means that the market price of GBTC shares is 19% down than its net asset value (NAV). GBTC started trading at a discount price first time in late February. There are several reasons for this. One of the main ones is...

On April 21, the Binance Smart Chain (BSC) network recorded a new record for the number of transactions per day - 9.13 million. This is almost six times higher than the corresponding indicator of the Ethereum blockchain. At the same time, the network of the second-largest crypto in terms of...

The CEO of California-based venture capital firm Pantera Capital, Dan Morehead assumes that the price of Bitcoin may break $200.000 by 2022. He shared the analysis on social media. Morehead's view is based on the growing number of BTC adoption. In the published paper, he presented statistics that...

Switzerland-located digital asset investment company 21Shares releases the first XLM and ADA exchange-traded products. They will go live on April 26 on the SIX Exchange under the tickers AXLM and AADA. The team mentioned their goal to meet customers' demand for financial instruments for crypto...

Crypto exchange Coinbase announced the launch of the 10 Percent project, which implies the allocation of 10% of free resources to support the modernization program. The initiative aims to create a “culture of reproducible innovation” and unleash the creativity of the workforce. The project...

Investment fund RIT Capital Partners became a co-owner of the Kraken crypto exchange. This is stated in a note sent to investors. The amount invested by the fund is not indicated in the document. RIT Capital Partners’ interest in the platform stems from Kraken’s plans to go public with a direct...

Today the price of Ether set a new record high surpassing $2.560. It's the first time that the cryptocurrency has gone above $2.500. Recently the token's options market surpassed 3.3 billion, which indicates the growing demand for Eth investments. The biggest altcoin's market cap crossed $298...

Over the past day, the PancakeSwap decentralized platform has bypassed the Ethereum network in terms of the number of user transactions. The PancakeSwap exchange is deployed on the Binance Chain, which positions itself as the main competitor to Ethereum. The DappRadar team reported that PancakeSwap...

United Kingdom retail and commercial National Westminster Bank, otherwise called NatWest stated it won't provide services to business clients that allow payments in cryptocurrencies. British news and website the Guardian published the news on April 21. Morten Friis, NatWest's head of risk...

It is no longer possible to ignore Bitcoin, and this tool is becoming mainstream. This is the opinion of Bill Miller, a financier and founder of Miller Value Partners. On the air of CNBC, he said that the rally that we have been observing over the past months is qualitatively different from the...

On Friday, April 23, Deutsche Boerse will delist Coinbase shares from the Xetra platform and the Frankfurt Stock Exchange. The reason was an error in the specified LEI-code - an individual 20-digit identifier for financial market participants. To resolve the issue, Coinbase needs to apply for a new...

Bitcoin price has been wavering around $52700 and $56.000 in the previous 24 hours. The weakening price caused the dominance index decline which went as low as 50.98%. When BTC loses its dominance to altcoins, then alt season begins. Statistics show that whenever this happens, altcoins began to...

Toronto Stock Exchange (TSXV) -listed Bitfarms has signed an agreement with a private electricity supplier in Argentina to consume up to 210 MW of electricity in a data center for bitcoin mining. The agreement is for eight years. During the first four years, the effective cost of electricity will...

The rapid rise in the value of Dogecoin (DOGE) cryptocurrency has strengthened the position of optimists. This year, the coin has skyrocketed in value more than 60 times. The market capitalization of the altcoin exceeded $ 40 billion. The DOGE price reached $ 0.43 on April 19, and many supporters...

Crypto trading platform and custodian Gemini doubled its AUM, which now stands at above $25 B. This raise has taken place in only three months. .@Gemini now has over $25 billion in crypto under custody. To the moon! 👍🚀 https://t.co/SQahRISOsH— Tyler Winklevoss (@tyler) April 20, 2021 ...

Managing Director at J.P. Morgan Nikolaos Panigirtzoglou noted that if Bitcoin's price doesn't go back $60.000 in the near term, the further fall will be more probable. Strategists of the institution stated that during the last several days, Bitcoin futures markets have seen a large liquidation as...

PwC research says more than 60 central banks are currently working to create national digital currencies (CBDCs). The Bahamas is the farthest in this matter. This state received 92 out of 100 points in the rating. The second and third places were taken by Cambodia and China, which received 83 and...

Recent developments of the Monero network resulted in its price surge which reached a 3-year record and now is near to an all-time high set in 2017. XMR price surged above $424 for the first time since December 2017, when it hit $470. The token ranks 22nd by market cap which stands at around $7.1...