Cryptocurrency News

On January 28, Dogecoin's price surged from around $0.01 to over $0.04 overnight. This progress was due to the Reddit movement, which began against Wall Street Bets. The market cap of the coin went up by 980%, bringing it to the top 10. The last time it was included in these rankings, was in 2015....

In a chat session of the social media application Clubhouse, business magnate Elon Musk told the community he assumes BTC is about to receive broader adoption by conservative financiers. The conversation took place on Sunday. Musk also added he doesn't have a strong belief in other crypto assets....

Major multinational financial services organization Visa has been in partnership with the crypto industry for a long time. Digital asset firms BlockFi, Fold, and Crypto.com already implement Visa-branded products. However, there is a possibility that Visa will enable crypto payments directly on its...

Pantera Capital CEO Dan Morehead is known as one of the strongest proponents of Bitcoin. He has previously stated on several occasions that BTC could reach $ 100,000 in 2021. This week, the businessman spoke positively about altcoins Ether (ETH) and Polkadot (DOT). He tweeted that his company is...

The aggravation of volatility in the crypto market led to technical failures in the work of some American exchanges. Initially, users reported issues with the Kraken platform. The technical failure was observed intermittently for 17 hours. After that, the administration reported on the resumption...

Coinbase made it to the top 10 free apps in the US App Store. As of Friday, January 29th, Coinbase is ranked 4th behind Robinhood, Webull, and Reddit, and ahead of TikTok, Cash App, and Zoom. Coinbase entered the top 30 free apps in the App Store earlier this month. Ranked leader Robinhood, a...

On January 29, the price of BTC jumped more than $ 5,000 an hour after SpaceX founder and Tesla CEO Elon Musk added the hashtag #bitcoin to his Twitter profile. The price peaked at $ 38,000 after "advertising bitcoin" on the page of the richest person in the world at the...

The price of Dogecoin, initially created as a joke, went up 56% in a day. This growth followed Reddit's discussions on making the cryptocurrency equivalent of GameStop. The latter is an American high street shop that sells games, consoles, and other electronics. At the moment, the DogeCoin trades...

Circle announced the addition of Automated Clearing House (ACH) payment support, which is going to allow US users to buy USD Coin (USDC) stablecoin and use the Circle API to integrate various products and protocols using USDC. US customers use ACH to transfer funds between regulated banking...

Moscow-headquartered Russian banking leader Sberbank presented documents to the country’s banking supervisory body to release its own stablecoin. Sberbank was founded in 1841. Now it is the dominant credit establishment in Russia and post-Soviet countries. The vice-president of the bank’s...

Existing cryptocurrencies do not have a suitable model that would allow them to work as a means of payment in the long term. Governor of the Bank of England Andrew Bailey said this at the World Economic Forum in Davos. In a separate session entitled “Restarting Digital Currencies,” Bailey noted...

The Reserve Bank of India (RBI), the country's central bank, is looking into the need to launch its digital currency (CBDC). In a brochure on payments systems published on Monday, January 25, RBI said it is going to explore launch options if the need for the digital rupee arises. “Private digital...

A few hours ago, the native token of the UniSwap exchange UNI reached $13. At the moment it trades for around $12.60. Over the previous month, the token has surged over 200%. The network has been growing. The number of whale addresses with 100.000 or more $UNI has gone up to ...

The outflow of Ether (ETH) from cryptocurrency exchanges has been increasing since mid-January 2021. Many analysts have previously paid attention to this trend. Alex Saunders tweeted that January 22 saw the most massive outflow of digital currency from marketplaces. In just an hour, the exchanges...

Investment firm Grayscale has donated $ 1 million to Coin Center, a non-profit organization to promote and protect the interests of the crypto industry. According to a January 25 press release, Grayscale plans to raise another $ 1 million for Coin Center by the end of February. In 2016, the...

American financier, the founder of SkyBridge Capital, Anthony Scaramucci thinks that with developed infrastructure and regulation, Bitcoin investments are "as safe as owning bonds and commodities like gold." SkyBridge Capital launched a new Bitcoin fund on January 4. The president and...

The capitalization of the stablecoin Tether (USDT) has started to grow rapidly since January last year. Many analysts are positive about this trend and believe that the inclusion of the printing press leads to an increase in the value of bitcoin. Now the capitalization of USDT is just over $ 24.751...

Coinbase, the largest crypto exchange in the US, announced to its shareholders that it is opening a secondary market for stocks on the Nasdaq Private Market. “On Monday, January 25th, you will receive an email from the Nasdaq Private Market with details on how you can access the market, which...