Cryptocurrency News

At the end of last week, ether (ETH) again fell in price following bitcoin. BTC fell below $43,000, and the leading altcoin pulled back below $3,000. On the night of Monday, February 14, ETH is trading at $2,880. Network activity on Ethereum has been weakening over the past few days. According to...

Leading crypto exchange Coinbase released an ad amid SuperBowl in terms of the marketing campaign "Less talk, more Bitcoin." The platform offered to sign up and get $15 in free Bitcoin by February 15 and win $3 M in prizes. It appeared later that the ad was too popular, it knocked out the...

Private cryptos pose a “huge threat” to macroeconomic and financial stability, and investors should be aware of all the risks. That was stated by the head of the Reserve Bank of India (RBI) Shaktikanta Das. In his opinion, private digital assets could undermine the RBI's ability to maintain...

Former US stockbroker, broadcaster, filmmaker, crypto investor, and the host of the program Keiser Report, Max Keiser supports El Salvador's Bitcoin policy. In an interview with Diario El Salvador, he said that El Salvador's making Bitcoin a legal tender offers a hopeful outlook for all economic...

Cryptocurrency company Ripple, which includes a payment system and many other platforms, recently shared its vision for the near future of the digital space. The company's management is confident that in 2022 the number of participants in the digital asset market will rapidly increase. In addition,...

Major streaming service and production company Netflix revealed that it had ordered a doc series about the couple, who allegedly attempted to withdraw funds from one of the largest crypto hacks. The hack happened in 2016 when hackers managed to exploit the crypto exchange Bitfinex and seize about...

György Matolcsy, the governor of the Hungarian National Bank (Magyar Nemzeti Bank in Hungarian) said at a press conference that it's time for the European Union to act upon crypto, and ban crypto trading and mining activities. Last year, the government of China announced all crypto activities as...

The development team behind the DeFi protocols Qubit Finance and Bunny Finance has announced that it will transfer project management to a DAO. At the end of January, an unknown person withdrew digital assets worth about $80 million from the Qubit pool. According to the statement, the team invested...

The Bitcoin (BTC) rate jumped above $45,000 the day before, but then the pressure intensified, and the coin resumed its retreat. On Friday, February 11, the largest digital currency is trading at $43,486. Thanks to yesterday's breakthrough in the bitcoin network, the share of profitable addresses...

Leading accounting company PwC (PricewaterhouseCoopers) published a report on cryptocurrency mergers and acquisitions (M&A), and fundraising of 2021. According to the report, the total M&A value growth in 2021 was due to the increase of 4,846% in cryptocurrency prices. The average deal...

In Africa, a growing number of countries are considering launching their token (CBDC). Last summer, the Central Bank of Ghana began to analyze the consequences of the introduction of a regulated digital currency. Kenya has now become aware of similar plans. The Central Bank of this African state...

Many analysts view bitcoin as a hedging tool. In their opinion, cryptocurrency is digital gold that protects capital from inflation. However, Bank Of America analysts believe that BTC should be classified as a risky asset class and should not be called a hedging instrument. The report of the bank...

According to Glassnode, the fall of the market in 2022 was provoked, among other things, by bitcoin miners. They dumped part of the mined cryptocurrency, which led to a rollback of BTC below $33,000 last month. However, sales started only at the very end of January and continued into the first days...

The general manager of the conglomerate Digital Currency Group Inc, Marius Reitz, in one of his interviews, said that Luno, a cryptocurrency exchange owned by them, plans to expand its activities in the United States. It is worth noting that for this platform, which, by the way, is the largest...

The pressure is intensifying, and Bitcoin is in danger of falling below this psychological mark again. Over the week, the capitalization of the leading digital currency increased by 17.5% to $836.867 billion. The Santiment team drew attention to the increased activity of the largest whales holding...

New York-based credit rating agency Fitch lowered the long-term Foreign Currency Issuer Default Rating (IDR) of El Salvador from B- to CCC. According to Fitch, El Salvador's rating was lowered as a result of several factors, including the weakening of institutions, concentration of power in the...

Coinbase and Binance continue to lead the ranking of cryptocurrency exchanges in terms of the number of visits. The Block Research division published a study in the middle of the week devoted to an in-depth analysis of exchange traffic. It says that traffic to marketplace websites fell by more than...

Back at the beginning of last year, some companies representing the blockchain industry announced their intention to significantly increase spending to promote the concept of reasonable crypto regulation and protect the interests of the industry. Startup Cryptohead.io predicts that crypto lobbying...