Cryptocurrency News

According to analyst Willie Wu, bitcoin is at the beginning of its next major bull rally, with a price peak expected to hit late 2021. The creator of the analytical resource Woobull has published on Twitter new data that shows that the rise in bitcoin prices is just beginning. He posted a chart of...

VeChain is making progress out of China. VeChain (VET) rate went higher having a week of increases along with analysis with Chinese authorities based on a post-epidemic wellness reaction. On Wednesday VET grew 2%. Then, the cryptocurrency raised about 23%. Only 2 other top-30 assets NEM and...

The leading crypto asset Bitcoin has surged to a new yearly record reaching $16.000. The price is up over 4% during the last 24 hours. This is the first time since 2018 Jan. 8 that the BTC price was that elevated. One of the reasons is PayPal allowing spending it on Oct. 21, after which the price...

Zcash (ZEC) has been adding in value over the past few days in anticipation of the so-called halving (reduction of miners' rewards). This event will take place on November 18th. The ZEC rate for the week rose by almost 15% to $ 60.34. Altcoin capitalization is now just over $ 630.206 million. In...

The KuCoin cryptocurrency exchange has recovered most of the assets stolen from the exchange hack on September 25. That was announced by Johnny Liu, co-founder and CEO of KuCoin, on Wednesday, November 11. Analyst firm Chainalysis estimated the loss of KuCoin at $ 275 million. According to Liu, 84%...

Yearn.finance is one of the projects that profited most in the last 24 hours after a huge rally. It is up about 27% to price at $18,790. YFI has a market cap of $549.9M with a 24-hour volume of $783.95M. Lately, the decline beat a market lower at $8,000, enabling bulls to move their focus higher....

Successful American Investor, hedge fund manager Stanley Druckenmiller announced on November 9 about having bought the world's largest cryptocurrency. The billionaire says that BTC is a supply of value that becomes stronger and stronger during the time. He compared gold to bitcoin, saying the...

Over the past 24 hours, hashrate of BTC has grown by about 30%, and in two days this figure has jumped more than 40%. On Tuesday, November 10, the computing activity on the network reached 119.8 exaches per second (EH / s). Recall that in early November, the BTC hash rate began to fall rapidly...

ChainLink (LINK) digital currency managed to break into the top five largest altcoins. According to the CoinMarketCap website, the capitalization of this cryptocurrency is now just over $ 4.856 billion. LINK rate on Monday, November 9, rose to $ 12.4. ChainLink's closest pursuer is Binance Coin...

Aiming to make the crypto industry easier to understand and to work with, Tony Joe Akin Jr. started Crypto TribesMen – a qualitative blog that covers every information you need relayed to the blockchain technology. With the increasing popularity of cryptocurrencies, making decisions regarding...

Many sports and music stars are not only interested in cryptocurrencies but also actively buy bitcoins. Among the BTC supporters, for example, stands out former UFC fighter Ben Askren. This athlete in the spring, through his social media accounts, advertised the May halving (reduction of the...

Since the beginning of November, the Ethereum network has seen an increase in the number of unique addresses making daily transactions. The trend was highlighted by researchers from the Santiment team. They tweeted that we are nearing peaks in the number of active Ethereum addresses in the last few...

The world's first regulated digital asset bank Sygnum informed about launching control, exchanging, lending, and staking options for Tezos blockchain’s XTZ cryptocurrency. The new staking utility suggests up to 5% yearly compensation for XTZ. Sygnum told it's the first time XTZ can be stored and...

The rise in the price of bitcoin has led to an increase in miners' income. By the end of October, they earned $ 353 million (+ 8%), as previously reported by CoinMetrics analysts. Miners' income has returned to the levels observed in the run-up to the so-called May halving (reduction in the reward...

The capitalization of the stablecoin Tether (USDT) at the end of this week came close to $ 17 billion. The explosive growth in the market supply of digital currency began this year. Since January, USDT capitalization has more than quadrupled. Many analysts believe that if the Tether team turns on...

As reported by Glassnode blockchain analytics firm, the number of Bitcoin wallets carrying at minimum one BTC has beaten a new high score. Now 824,193 BTC addresses hold at least one Bitcoin which rate currently is at $15.585. Today’s value exceeds the previous all-time peak of 824,160 marked on...

Coinbase informed about listing 3 new crypto assets. Besides, the network allowed exchanging for 3 other crypto assets to New York lenders. Now the users can exchange Civic (CVC), Decentraland (MANA), and District0x (DNT) on the protocol. The first one is a decentralized ID protocol token. Mana is...

By the end of October, bitcoin miners earned $ 353 million. Compared to September 2020, their revenues increased by about 8%, according to the data of the CoinMetrics team. Analysts attribute the growth in the profitability of bitcoin mining to the rise in the price of the largest digital currency....