Cryptocurrency News

The Indian government is considering an abbreviated procedure for passing a digital asset industry regulation law. The country's government is considering a bill that will ban the use of private digital currencies, as well as, create a regulatory framework for the “digital rupee”. The bill is...

According to Michael Wu, CEO of Amber Group, Bitcoin (BTC) should not be classified as a bubble. Volatility is likely to remain, for now, however, BTC has already emerged as a class of reliable assets, the businessman said in an interview with CNBC. Many investors are suspicious of cryptocurrency...

Nigerian financial authority, the country's Central Bank published a letter on February 5, in which commended regulated financial establishments to shutter accounts engaged in cryptocurrency-involved activities. In the paper, CBN informed that financial institutions will identify individuals and...

Today the price of Ethereum reached a new all-time high of $1750. Within a week, the cryptocurrency has gained over 25%. Three days ago, CME Ether Futures was launched. It is now a part of cryptocurrency risk management solutions available at derivatives marketplace CME (Chicago Mercantile...

CEOs need to move away from popularizing Bitcoin, which could pose threats to consumers. That point of view is shared by Klarna CEO Sebastian Semyatkovski. The top manager stressed that a tool has appeared on the market that does not have any security. This financial product poses real threats to...

January was a successful month for stablecoins. Data shows that their on-chain volume went up to $308.7 billion compared to December when it was $178 billion. The largest share, about $199 billion belongs to Tether (USDT). It is a stablecoin pegged 1:1 to the U.S. dollar and operates across...

Grayscale, which manages the assets, has significantly increased its investments in Ether (ETH) over the week. The Ethereum Trust of this giant in dollar terms increased by $38 million. Thus, the company acquired another 24,796 ETH. The largest altcoin has made a historic breakthrough this week....

If you are on the search for an online casino and sportsbook that is secure, and you can bet on thousands of sports events and gambling games with a variety of cryptos, then look no further than 1xBit. The 1xBit Platform 1xBit is an online gambling website that offers numerous casinos and sports...

Tokyo-based financial company SBI Holdings, which is also an old partner of Ripple, announced XRP lending service. The service would be launched by SBI VC Trade, the group's subsidiary. Using it, XRP holders will be able to receive interest by making deposits. The amount can vary between 1,000 to...

Famous entrepreneur, the CEO of Space X Elon Musk, deleted Bitcoin from his Twitter bio, which he added last week. Today Musk posted several tweets related to Dogecoin. The first of them ran "Doge". After a few minutes, he posted "Dogecoin is the people's crypto." Then in a...

Crypto exchanges Coinbase and Binance entered the 1000 most visited sites in the world, according to data from analytical services SimilarWeb and Alexa. According to SimilarWeb, Coinbase is currently ranked 874, and Binance is 839 in the world. According to Alexa, Coinbase is ranked 830 in the...

The Indian government does not want to ban cryptos completely but intends to regulate this segment of the economy. Minister of Finance of the country Anurag Singh Thakur told about it last Tuesday. He emphasized that at this stage, the Cabinet of Ministers faces the task of increasing the...

The built-in token of the Terra protocol, Luna saw a 19.36% price increase over the previous 24 hours and now trades at around $2.3. The raise began in mid-November. On January 26, the news of Galaxy Digital, having invested $25 M in Singapore-based Terraforum Labs became public. Since then, the...

On Tuesday, the price of Ethereum surpassed $1500. The previous record high occurred on January 19, when the price hit $1420. At the moment, Ether trades at around $1560. The token ranks second by market capitalization, which has seen a 12.32% rise over the last 24 hours and now stands at $177...

Since January 30, when the Ripple token rate began an upward movement to levels above $ 0.7, the total volume of liquidations of long and short positions in the XRP futures market exceeded $ 1.6 billion. Over the past day, as a result of the growth and subsequent collapse of XRP, positions for $...

Financial conglomerate SBI Holdings and Sumitomo Mitsui Banking Corporation (SMFG) will launch a digital securities exchange based on blockchain technology. It will begin work in the spring of 2022 in the Japanese city of Osaka, according to Nikkei Asia. Osaka Digital Exchange will be the operator...

January 2021 turned out to be very successful for bitcoin miners. They generated $ 1.09 billion in revenue, the highest since December 2017. As The Block clarifies, in January 2018, mining pools were able to earn about $ 1.02 billion. In December 2017, they received an income of $ 1.25 billion....

Visa has been interested in the cryptocurrency industry for the past few years. This payment operator even became a member of the Facebook crypto project (Libra). At the end of last week, Visa CEO Alfred Kelly said that in the future, the company's payment network could integrate digital...