Cryptocurrency News

By the end of 2021, the Organization for Economic Cooperation and Development (OECD) may approve cryptocurrency regulation standards. Pascal Saint-Amans, head of the Center for Tax Policy and Administration of the international organization, told about this to journalists. He noted that the...

Another financial giant reported an increase in investment in bitcoin. Canadian investment firm Cypherpunk announced last Thursday that it had purchased 72,979 BTC since June 30, 2020. The increase in Bitcoin reserves was the result of the liquidation of the company's assets in Ether (ETH) and...

Facebook-proposed Libra stablecoin is expected to release in January. As the Financial Times reported, after over a year's examination from international financial supervisors, Libra will launch in the form of a U.S. dollar-backed cryptocurrency. The publication cites three people who took part in...

Ethereum transaction processing fees began to rise again at the end of this week. That is due to a surge in blockchain user activity, which caused its overload. According to the BitinfoCharts service, the number of transactions in the network jumped to 1.2 million per day. Earlier, a similar trend...

Cryptocurrency exchange OKEx recorded an outflow of more than $ 110M worth of cryptocurrencies within a few hours after resuming the withdrawal function. According to analyst company CryptoQuant, 2,822 BTC was withdrawn 15 minutes after withdrawals were resumed on November 26. According to...

Large financial institutions in Japan support the country's central bank's aspiration to issue a national digital currency (CBDC). For example, the CEO of Monex Inc., Oki Matsumoto, told reporters that the arrival of the digital yen would strengthen the country's position in the global market....

According to Galaxy Digital CEO Mike Novogratz, BTC will grow in value in the long term. The businessman and BTC supporter expressed his forecast in an interview with Yahoo Finance Live. Novogratz stressed that the rise of cryptocurrency this year was the result of massive capital inflows into this...

Following the price growth up to $19,500 during the day’s trading, Bitcoin saw a period of bearish uncertainty that resulted in a sharp sell-off. Bitcoin then rated $17,075 with daily losses of around 5%. The sudden price drop came in tandem with large-volume investors depositing BTC to exchanges...

Binance began sending notifications to US users demanding that accounts be closed within 14 days. Dear user, while checking compliance with existing charges, we found that you identified yourself as a US citizen when you access Binance, ”the exchange said in an email. “Please note that due to...

Over the past 24 hours, Stellar (XLM) has soared in value by 60% and made it to the top ten altcoins. For the first time since November 2018, the XLM rate exceeded $ 0.2. The capitalization of the digital currency on Wednesday, November 25, rose to $ 4.234 billion. Analysts attribute the growth in...

Justifying the expectations of the community, BTC today scored $19000 for the first time since mid-December 2017. Since November 18, it has been trading for about $18.700, sometimes felling lower than $18.000 then going up again. At the time of writing the price is about...

Japanese financial giant SBI Group introduced a cryptocurrency lending service through its subsidiary SBI VC Trade. According to a November 24 press release, a new service called VC Trade Lending will initially support Bitcoin. Going forward, SBI plans to add support for Ether (ETH) and XRP. SBI is...

PayPal CEO Dan Shulman, in an interview with CNBC on Monday, November 23, was optimistic about the outlook for Bitcoin. “I think there will be more and more crypto use cases that will make bitcoin more widely used, more stable, and probably more valuable over time,” he said. Shulman said the...

Pantera Capital said in a recent letter to investors that payment company PayPal has acquired the equivalent of nearly 70% of all BTC that have been mined in the past month. PayPal launched its cryptocurrency service this month for US customers. The company noted a high demand for cryptocurrency...

The rise of Litecoin (LTC) began even before the WimbleMimble update to ensure the privacy of online transactions. In October-November, the cryptocurrency rose moderately. In the middle of this month, the strengthening of her course became more confident. The coin is now in the list of the five...

Bank of England economist Andy Haldane believes digital currencies are revolutionizing. Their massive introduction will lead to the formation of a "new financial order." The expert outlined his position during a speech at the tenth-anniversary conference of the Central Bank of Great...

According to the CEO of the Ripple crypto company, Brad Garlinghouse, XRP token and bitcoin cannot be compared. The businessman expressed his position in an interview with the successful publication Fortune. He stressed that the two above-mentioned digital currencies have entirely different goals...

US-based asset management establishment DAiM lately informed about launching the country’s first employer-provided retirement programs that maintain BTC fundings. As reported by the officials, DAiM will act as the advisor and depositary in supporting firms to build a 401(k) program that suggests...