Cryptocurrency News

One of the oldest manufacturers of ASIC equipment, Canaan Creative, has introduced a miner with an immersion cooling system - Avalon A1066I. #AvalonMadeLeveraging a mechatronics hardware design, the Avalon Immersion Cooling Miner offers a high degree of integration within single mining modules,...

The rise in price to $ 40,000 and above significantly increased the capitalization of the leading crypto bringing the indicator a little closer to the market value of gold. According to Gold.org, the approximate market value of all mined gold is $ 10.6 trillion. Bitcoin's market cap at the time of...

New York-based multinational investment bank Morgan Stanley had acquired 792,627 shares in business intelligence firm MicroStrategy. This is a 10.9% stake in a company that has made large investments in Bitcoin over the last several months. MicroStrategy has shown interest in the crypto industry...

On January 7, Bitcoin set a new all time high, breaking $40.000. The next day the price surpassed $41.000. Rate growth of various altcoins followed this, proving the bullish movement to be really strong. The trading volume of the leading cryptocurrency reached $99 Billion. At the moment, BTC is...

The Ripple team tried to reach a compromise with the Securities and Exchange Commission (SEC). However, the American regulator has abandoned any agreements, the head of the company, Brad Garlinghouse, tweeted. Recall that the SEC filed a lawsuit against Ripple in December, in which it accused the...

Altcoin Stellar (XLM) performed very well this week. The coin has steadily risen in price over the past few days and was able to break into the top ten cryptocurrencies. Now XLM is in ninth place in the rating with a capitalization of $ 7.186 billion. The Stellar rate on Friday, January 8, rose to...

Today, Bitech.pro, one of the world’s leading cryptocurrency exchanges, announced the launch of its BITECH Optipro module, a revolutionary offering for crypto binary options. Industry experts are looking to BITECH Optipro to fulfill the potential of Bitech.pro as the only cryptocurrency exchange...

Litecoin (LTC) may break into the first four largest digital currencies this week. The coin is preparing to knock out the XRP token from the fourth line of the ranking, which has collapsed to its lowest level since mid-summer 2020. The LTC rate on Wednesday, December 30, rose to $ 130 - that is the...

New York-based global investment enterprise SkyBridge, which owns $9.3 B worth of capital, intends to launch a Bitcoin fund on January 4. The organization submitted papers to the Securities and Exchange Commission on December 21. As mentioned in an investor brochure, the total sum of SkyBridge's...

The Central Bureau of Economic Intelligence of India (CEIB) is proposing an 18% tax on crypto trading. The agency classifies BTC as an "intangible asset". That is a Goods and Services Tax (GST). The government is currently considering a suggestion that would levy a tax on every bitcoin...

BTC miner profits measured by terahash in a second (TH/s) has surged to a new high. TH (tera, 1 trillion) is one of the Bitcoin hash rate units. And hashrate is a scale of the computational power per second used during mining. Simply putting, it is the speed of the mining process. The latest...

The darknet marketplace White House Market stopped supporting the leading cryptocurrency and began to accept payments only in Monero (XMR). The reason for the decision was "unexpected blocking of access from the Tor network." It was influenced by a change in the API of the MorphToken...

The case of the U.S. Securities and Exchange Commission against Ripple continues to have negative impacts on the company. The number of firms terminating XRP purchases is increasing. A few days ago cryptocurrency exchange platform Bitstamp announced halting XRP purchases for an indefinite time....

Bitcoin gets closer and closer to $30.000. Today, on Dec. 28, it reached another all-time high surpassing $28000. Its market cap is above $524 B. This means the BTC price increased around $4000 within two days and 20% during the last week. The growth of the BTC price started in October when the...

After the Binance mining pool announced its readiness to support the Taproot technology, 91.5% of the total computing power of the bitcoin network signals in favor of the upgrade. That was announced on Twitter on Sunday, December 27, by Poolin Vice President Alejandro De La Torre. According to...

The Israel Tax Authority (ITA) has required crypto owners to reveal their assets and profits. According to the newspaper, dozens of Israelis got notifications from the ITA. The department also sent requests to local and foreign crypto exchanges with the requirement to transfer information about the...

Ethereum price has hit $711, which is the highest rate since May 2018. The cryptocurrency's market cap has surged $79.8 B. This follows after Bitcoin's rally, the price of which has already surpassed $28000. Many analysts assume that the Eth price will go much higher in 2021 and the coming year...

Large investors continue to accumulate BTCs, as evidenced by the latest report from digital asset management company Grayscale. Last Friday, this giant published data, from which it follows that the total amount of funds in the cryptocurrency under its control has reached $ 16.3 billion. Analyst...