Cryptocurrency News
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Crypto Trading Volume in South Korea Beat Stock Market
Data reveals that on March 14, the entire purchase volume of crypto assets in South Korea surged past $14.5 B. This indicator is higher than the daily average purchase sum of the country’s stock exchange on that day. The crypto market cap hit $1.8 trillion on Sunday after BTC set a new all-time...
6000 Xrp Owners as Third Party Defendants During the Trial
Holders of the XRP cryptocurrency want to take part in the lawsuit that the SEC started against Ripple. Particularly, on March 14 John Deaton of Deaton Law Firm issued a paper representing more than 6000 XRP holders who are willing to act as defendants. Managing partner of the FirmJohn Deaton owns...
Binance Faces Investigation Started by CFTC
US federal agency Commodity Futures Trading Commission has started an investigation of leading crypto purchase network Binance. The authority aims to discover if Binance enabled US investors' access to the protocol and purchase derivatives without being listed with the government's supervision. The...
India Put Forward a Crypto Ban Proposal
Reuters writes as stated by an Indian senior government executive the republic is going to put forward a law forbidding crypto assets. If the law passes, trading and holding crypto assets will be penalized. The same refers to release and mining. In January the government of India submitted a draft...
Bitcoin Reaches New All Time High Surpassing $60.000
The price of Bitcoin saw 23% growth in the last week. Today the leading cryptocurrency broke another record hitting $60.000. The market capitalization of the coin stands above $1 Trillion. After hitting $58.000 in February, Bitcoin price has been seeing huge volatility. It fell below $50.000 which...
Digital Asset Investment Firm Valkyrie Files for Bitcoin ETF
On March 12, Valkyrie Digital Assets submitted a paper with the Securities and Exchange Commission (SEC) for running an exchange-traded fund (ETF). Note that ETFs work like shares in businesses. As reported, the fund plans to invest in firms of all sizes, including non-US firms. Besides common...
First photos of Nvidia video card for professional mining
Online portal VideoCardz has published the first photos of the Nvidia Gigabyte CMP 30HX GPU, created specifically for cryptocurrency mining. The novelty is based on the TU116-100 chip and has 6 GB of GDDR6 video memory. The number of CUDA cores of the video card is unknown, but experts suggest that...
Binance hires former US senator as regulatory advisor
Former US Senator Max Baucus has joined Binance as a regulatory advisor. This is stated in the message of the trading platform. The ex-official will have to maintain communication between the company, American regulators, and authorities. Binance expects Bocus's expertise and support to help grow...
Robinhood Says That the Number of Women Traders Is Growing
Financial services provider Robinhood stated that in comparison to the end of 2020, the percentage of female crypto purchasers has grown seven times. The number of women actively trading on Robinhood Crypto has already grown 7x this year! 🚀 We still have a lot of work to do, but we’re...
US State Georgia Purposes Teaching About Crypto at School
House of Representatives of the US state Georgia introduced a bill that suggests creating a new financial literacy educational program, which will cover studying the crypto industry too. Six Republican state congressmen presented the draft on March 1. On March 8, the House approved the proposal by...
Investors assessed the near-term prospects for BTC and ADA
Many cryptocurrency holders have taken notice of the explosive rise in the price of Cardano (ADA). This altcoin not only achieved great results in February-March but also broke into the top three largest digital currencies. Now the ADA rate is holding around $ 1.13, the coin has begun to suffer...
SBI Holdings Offers Year-End Benefits in XRP
Japanese financial services company SBI Group issued a paper to inform about a new decision of providing shareholders year-end benefit in the XRP cryptocurrency. In the notice, the firm expresses its gratitude to stockholders for their continued support and business strategy understanding....
Number of crypto ATMs has grown by over 50% during the year
During the coronavirus pandemic, the number of terminals for operations with cryptocurrencies has increased significantly in the world. According to the CoinATMRadar service, since March last year, the number of bitcoin ATMs has increased by 57.5%, or by 9683 machines. At the moment, holders of...
Goldman Sachs told about the growing demand for Bitcoin
Back in early March, it became known about the intention of the American investment bank Goldman Sachs to launch operations with digital assets. For this, the financial giant has conceived already this month to provide an appropriate platform with a set of investment products focused on...
Thai Cinema Chain Cineplex Group to Allow BTC Remissions
Leading cinema operator and entertainment services provider in Thailand, Major Cineplex Group now enables buying tickets with BTC. Local press Siam Rath states that the broadest cinema chain launches a crypto payment study project to assist innovations. For this purpose, Cineplex teamed up with a...
Twitter told reason for blocking accounts of cryptanalysts
The Twitter administration unexpectedly blocked the accounts of at least seven popular cryptanalysts. Users of this social network noticed that they were unable to view the pages of experts under the nicknames @wooonomic, @ 100trillionUSD, @mmcrypto, @wsbchairman, @themooncarl, @TheCryptoDog, and...
Bitcoin Critic Peter Schiff's Son to Hold His Funds in BTC
American stockbroker, the CEO of Euro Pacific Capital Inc., Peter Schiff announced on Twitter that his son Spencer Schiff moved 100% of his portfolio investments into Bitcoin. My son @SpencerKSchiff went all in on #Bitcoin on the last drop below $50k. 100% of his portfolio is now in Bitcoin. He...
Ethereum miners will hold a rally against EIP-1559
On April 1, miners on the Ethereum network will pool the hashrate in the Ethermine pool, which opposes the implementation of the EIP-1559 proposal. The promotion will last 51 hours. EIP-1559 aims to replace the existing bid-based fee market with a fixed price and incineration mechanism. The offer...
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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