Cryptocurrency News

Switzerland’s Central Bank Chair Thomas Jordan is against holding BTC as a reserve currency. He expressed his opinion at the bank's general meeting of shareholders on April 29. According to Jordan, buying BTC isn’t an issue. SNB can purchase the cryptocurrency directly or through various...

The price of the APE token increased by over 52% in the last 7 days. Currently, the token trades at around $21 with a market cap of over $6 billion. This makes APE the largest metaverse token as it has got ahead of MANA, SAND, GMT, and others. ApeCoin was launched on March 18 by the blockchain...

New-York headquartered international investment bank Goldman Sachs allowed a borrower to get a cash loan by using BTC as collateral. A release by Bloomberg says the loan was interesting to the institution due to its structure and risk management. This is an essential step by a leading bank that can...

Popular crypto wallet MetaMaks announced integration with the payments solutions provider MoonPay to allow all leading purchase methods. ConsenSys, the tech company standing behind the development of Metamask, published a blog post saying that crypto purchases have become easier with the...

Digital currency investing and asset management firm Grayscale is getting ready to enter the European market. The CEO of the firm Michael Sonnenshein told Bloomberg about the plans. Reportedly, it is not certain on which markets and countries Grayscale will offer its products. Sonnenshein said that...

Brad Garlinghouse, the CEO of the blockchain company Ripple said in a later interview with Bloomberg that the SEC vs Ripple case is going well, and it is playing out. He mentioned that other parts of the US government called XRP a digital asset native to Ripple's technology stack, property, or...

International financial services Fidelity added Bitcoin as an option for 401(k) plans. It is the first major retirement-plan provider to offer this possibility. A 401(k) plan is a plan for retirement savings offered by many employers in the US. It is named after the Internal Revenue Code. The...

The price of Dogecoin increased by over 30% in a day after the "Dogefather" Elon Musk announced buying Twitter for $44 billion. After the news, Twitter's share rose 5.66% and currently trades at $51. The news affected Dogecoin's price as well as it is known to be Musk's favorite...

More crypto exchanges get licenses to provide services in the UAE. The latest of them became Kraken. The company is expanding into the Middle East and will open offices in Abu Dhabi Global Market (ADGM). Previously, digital asset platforms Binance and FTX got licenses to function in the country as...

The regulators of the Central African Republic (CAR) may follow El Salvador’s policy of accepting BTC as a legal tender. Recently, the country has legalized the use of cryptos in the financial markets. Justin Gourna Zacko, the Minister of Digital Economy, Post and Telecommunications introduced...

Co-founder and the CEO of Coinbase, Brian Armstrong finds that Apple's App Store rules have made it difficult to realize the product's roadmap. Armstrong accused Apple of banning features from their application. He also said that Apple isn't friendly with the crypto sector in general as in many...

Global investment company SkyBridge Capital, founded and run by financier Anthony Scaramucci started a new investment vehicle focused on Bitcoin mining. According to a US SEC (Securities and Exchange Commission) filing, the investment product called SkyBridge BTC Mining L.P. raised around $7 M. The...

Financial infrastructure platform Stripe is adding crypto payouts to Stripe Connect, its solution for enabling payments into marketplaces and software platforms. The social media giant Twitter will be the first to use it to allow crypto payouts. Twitter already uses Connect to offer various...

Bitcoin exchange Binance returned part of the $5.8 million worth of Axie Infinity assets stolen by hackers, CEO Changpeng Zhao said. On March 23rd, unidentified individuals hacked the Ronin Ethereum sidechain and withdrew approximately $625 million in ETH and USDC. The incident became known six...

One of the largest banking concerns in Germany, Commerzbank, has sent an application to BaFin for a license for a cryptocurrency custodian. Börsen-Zeitung writes about this concerning a representative of a credit institution. According to the announcement, if approved, Commerzbank will also be...

Blockchain data platform Chainanalys released a report on the crypto gains which says that the year was a strong one for the industry. The report mentions that BTC and Ether built a positive momentum at the end of 2020 and hit new highs in 2021. The Chainalysis team wrote who benefited from the...

Global investment bank Morgan Stanley finds that the use of crypto as a payment method can grow. The bank released a report mentioning that few people use crypto to buy goods as costs for transactions are high and merchants don’t accept them for payments. However, that fact is changing, Morgan...

The largest cryptocurrency exchange in the United States, Coinbase, has announced the start of beta testing of its own NFT platform. As of today, it is known that more than 8M users who have already pre-registered are waiting for the launch of a platform for trading non-fungible tokens. Coinbase...