Cryptocurrency News
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The Macro Bull Trend Continues for Chainlink
On January 18, the price of Chainlink’s LINK token hit a new all-time high of $23.68. The token is heading to a new high. At the moment, it trades for $23.89. Chainlink represents a decentralized oracle system that bonds smart contracts with real-world derived data. The network's native token...
The American IT company offered employees a salary in crypto
Employees of the software development firm Sequoia Holdings will be able to get a portion of their salary in Bitcoin, Ethereum, or Bitcoin Cash. “We are delighted to offer our team a new opportunity. Many of our employees support cryptos,” said co-founder and CEO Richard Stroup. Sequoia...
Crypto Market Cap Shows Uncertainty as BTC Price Fluctuates
On January 21, the Bitcoin price fell under $30,000 for the first time since January 4. This increased wave of selling pressure on the cryptocurrency market. At the moment, the cryptocurrency trading rate is nearly $31.460. The global crypto market cap saw over a 4.71% decline in the last day....
BlackRock Enters BTC Futures Market
New York-based global investment management corporation BlackRock approved BTC futures services for two of its supplies. On January 20, the company submitted the corresponding documentation to SEC. BlackRock is the leading asset manager worldwide, handling $7.81 trillion as of end-Q4 2020. It's...
Firo anonymous cryptocurrency network attacked 51%
The anonymous crypto network Firo (previously known as Zcoin) has been hit by a 51% attack. The Firo team is currently negotiating with exchanges and pools. Users are strongly advised not to make transactions on the Firo network. The developers also told about the testing a solution "that...
Binance Is No Longer on the Russian Regulations Blacklist
Russian officials announced that the Regional Court of Arkhangelsk decided on canceling a former order to blacklist the cryptocurrency exchange platform Binance in the country. The hearing was on January 20. The proceedings began in September 2020, when Binance received a notice from Russian data...
Ripple ex-advisor may become head of US banking regulator
Ripple ex-advisor Michael Barr may head the Office of the Comptroller of the Currency (OCC) under the Joe Biden presidency. If appointed, Barr will replace Brian Brooks, a previous chief lawyer at cryptocurrency exchange Coinbase, who worked as head of the OCC from May 2020 to January 2021. At...
In 2020, the share of the illegal use of BTC has decreased
Researchers from the Chainalysis company found that in 2020 the share of the illegal use of bitcoin and other cryptocurrencies has significantly decreased. However, such tools are still very popular among criminals because they can be used to send funds anonymously, the analysts said in a report....
Ruffer predicts gradual institutional adoption of Bitcoin
British financial firm Ruffer Investment believes institutional investors will gradually move into bitcoin. That is stated in the review of the giant, dedicated to assessing the market situation over the past six months. The authors noted that as early as last year, there was a tendency in which...
Bitfinex Applied for Putting off the Trial Date for a Month
Tether's founder and the cryptocurrency trading platform Bitfinex's owner iFinex Inc turned to the New York Supreme Court. The request is to reappoint the expected trial day one month later. Within the period, the company will present all the necessary papers to the legal authority. Initially, the...
Ethereum Surged to a New All-Time High
The price of the largest altcoin by market cap surged to $1,439 on Bitstap. The previous all-time high dates back to 2018. The market cap of the cryptocurrency surpasses $163 B at the moment. Recently the Ethereum network's daily transaction volume has also been rising noticeably. At the moment it...
Iranian authorities confiscate another batch of miners
Iranian law enforcement agencies have confiscated another batch of underground mining equipment. According to the local news agency Tasmin, this illegal mining farm stole electricity from the state-owned company Tavanir. In the Islamic Republic, power engineers, together with law enforcement...
Binance Coin has risen in price by 189%
On January 18, 2021, the Binance Coin (BNB) rate rose to a record high: the coin rose to $ 46.18. Today, the token retreated as part of the correction and fell to $ 45.46. Cryptocurrency capitalization on Tuesday, January 19, fell to $ 6.474 billion, but BNB is still in the top ten altcoins. Over...
Open interest in futures on ChainLink exceeded $287 million
According to the latest data, open interest in futures contracts on ChainLink (LINK) has surged to a new high. Researchers from the Bybt.com team found that this figure reached $ 287.72 million at the end of this week. The surge in interest in LINK-futures is observed against the backdrop of...
Grayscale Set a New Record, Raising over $700 M in a Day
On January 15, cryptocurrency manager Grayscale Investments surged $700 M. The increase has started in the final quarter of the last year. The CEO of the company Michael Sonnenshein tweeted about it. Grayscale accumulated $3.3 B through its cryptocurrency investment instruments in Q4 2020. This...
US Treasury Ex-Secretary predicts BTC price will increase
Former US Treasury Secretary Lawrence Summers said that bitcoin will not collapse, its price will continue to rise in the long term. “The cryptocurrency looks much more resilient after the price set a new record and then declined,” he said. Summers believes that the reason for the continued...
Musk supported BTC as a shield against the madness of banks
SpaceX founder and Tesla CEO Elon Musk has been active in Bitcoin-related discussions lately. Recently, the author of the book "Bitcoin Billionaires" Ben Mezrich tweeted that, in the future, he will never give up receiving payments in Bitcoin. In response to a tweet from Mezrich, Musk...
Polkadot Now is the Fourth Largest Asset by Market Cap
Polkadot's price has seen a huge growth in the last week. It went up by 60% and trades above $16 at the moment. The market cap of the asset surpassed $14 B, getting ahead of XRP. Now Dot is the 4th largest asset, coming after Tether. On the other hand, XRP faces difficulties after the SEC filed a...
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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