Cryptocurrency News

There is a possibility that countrysides of Brazil will start adopting cryptocurrencies for their day-to-day essentials. Minasul is a major arabica-bean organisation, which is preparing to develop a blockchain-based coin that’ll be backed by coffee stocks. Farmers will have an opportunity to...

Lawmakers have a very sceptical attitude to Facebook’s coin. So the team of Facebook was concerned about this and announced that the company wants to create a means of cheap and secure payments around the world. David Marcus announced that they understand the big idea may take a lot of time and...

Google searches measured the statistics of Bitcoin price growth and people’s interest in it and there’s a big difference between them. Not so long ago, the level of correlation between the price and interest was really high. There may be some reasons for these new...

India, which is the third greatest economy in Asia, doesn’t seem to admit the idea of Libra coin. Subhash Garg the secretary of Economic Affairs said in New Delhi interview on 6 July that the design of Facebook’s coin is not totally explained, but anyway it is going to be a private currency,...

The taxation agency of Singapore’s government is suggesting to remove goods and services tax from cryptocurrency actions that are serving as a medium of exchange. On July 5 The IRAS published an e-Tax draft guide for regulating the Digital payment tokens sector. If this draft starts to officially...

In the next few weeks, the Internal Revenue Service of the US is expected to present an updated version of its guidelines, which have a connection to the Bitcoin and other cryptocurrencies. Changes to the document were made under pressure from a group of more than 20 congressmen, who in April...

Binance's research division published a quarterly report, in which it estimated the correlation of digital assets among themselves. Thus, according to it, the correlation between Bitcoin and the rest of the market has significantly decreased in comparison with the figures for the first quarter of...

New research provides us with a very interesting statistics about various countries and their tweets about the crypto industry. So the first position is the US because 38.9% of tweets about Bitcoin are from here. The UK takes second place with 10.5%. Top five countries are US, UK, Canda, Turkey...

The self-proclaimed developer of Bitcoin Craig Wright could provide fake documents during the trial of the case against David Kleiman. Lawyer Stephen Palley pointed this out in his Twitter account. lol pic.twitter.com/3nCmzqZHVk— Palley (@stephendpalley) July 3, 2019 So, among the documents...

The deputy head of the Bank of Japan, Masayoshi Amamiya, ruled out the likelihood of issuing national digital currency, Reuters reported. According to the official, the issuance of such a means of payment would mean a waiver of fiat money. “Liquidation of cash will make the payment...

Telegram’s crypto coin may have comprehended by 200% from 2018 when it started one of the largest ICOs in history, even though it is not introduced to the public yet. To be sure in this, you simply need to ask one of the initial investors. According to Liquid exchange, based in South Korea Gram...

Famous economist Nouriel Roubini, who’s recognized as Dr Doom for his downhearted warnings, made some noise with his freshest assault on Bitcoin and related cryptocurrencies. Professor Roubini considers that Bitcoin is “overhyped”. On 2 June at a summit in Taiwan, he compared crypto coin with...

According to a Chainalysis report, this year set a record in Bitcoin’s use on the illegal Internet and the amount of money reached $1 billion. While the number of Bitcoin transactions dedicated to forbidden buyings is failing, about $515 million of the digital coin has already been used this year...

Iranian governments caught over 1000 mining computers from two former factories. The operation was performed after governments discovered a spike in electricity consumption. The minister of energy announced that request for electricity grew by 7% in June and it’s considered that Bitcoin mining is...

Ireland-based cryptocurrency exchange Bitsane ceased operations, and its management stole deposits of almost 250 thousand users, reports The Forbes. As the newspaper notes, Bitsane LP in the past was listed as one of the trading platforms approved by Ripple. In addition, in January 2018, CNBC...

Everyone was following the swift rise of Bitcoin’s price this week. The rate of crypto coin passed $14000 mark on June 26 and this was the most high-priced level since January 2018. Then, just in several minutes, the coin changed its course and started to lose in price....

On June 26, Bitcoin passed the mark $13000, after several minutes it shed about $1000. At 6 pm ET, Bitcoin’s price was back to $12000-plus cost. The reason for this wasn’t clear, but we all know that cryptocurrencies are famous for their price swings. A preceding bitcoin craze hit a fever...

In China, the attackers, under the pretext of “arbitrage opportunities,” extorted about 15,000 ETH from trusting investors (more than 5 million at the current exchange rate), creating the fake Huobi exchange group in Telegram. Reports about it 8btc. The fraudsters presented themselves as...