Cryptocurrency News
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Kazakhstan plans to increase the fiscal burden on miners
Kazakhstan is included in the list of the largest bitcoin miners. This country, along with the United States and Russia, has become a place of work for miners who migrated from China in the middle of last year. The President of the Republic, Kassym-Jomart Tokayev, ordered the government to submit...
GameStop and Immutable X Pty Limited will launch an NFT marketplace
An American company that specializes in the retail sale of video games and gaming gadgets GameStop confirmed the information that it plans to launch an NFT marketplace soon. According to reports, this startup will be implemented in cooperation with the platform for scaling non-fungible tokens -...
US Congress Raised Concerns Over Treasury's Stablecoin Proposal
In a hearing which took place on February 8, Congress rejected the proposal of the Treasury to include stablecoin issuers into a banking structure. However, there will be other reporting and discussions. In November 2021, the President's Working Group on financial markets published a report on...
Analysts drew attention to decline in the exchange balance of BTC
Many experts consider the reduction in the number of bitcoins on exchanges as a positive signal. Theoretically, the outflow of cryptocurrency from the trading floors eases the pressure on the asset from sellers. Therefore, the value of BTC should increase against the backdrop of a reduction in its...
Russia To Present Crypto Regulatory Bill Till February 18
The Russian government confirmed the proposed Minfin concept of regulating the crypto industry. According to the official announcement by the government, the industry will be regulated to ensure investor protection. Thus, cryptos will be integrated into the financial system. The government...
Investors put money into crypto funds for three weeks in a row
For the past three weeks in a row, institutional investors have poured capital into crypto-focused funds. According to CoinShares, last week the volume of capital investments amounted to $85 million. The researchers note that the institutions have stepped up after bitcoin again exceeded $40,000....
FSInsight strategist predicts Bitcoin to rise to $200K
Bitcoin topped $43,000 the day before as the US stock market recovered. Indicators of business activity Nasdaq and S&P 500 added by the end of the session about half a percent. FSInsight strategist Sean Farrell believes that the correlation between BTC and US stock indices, which increased in...
Jack Dorsey joins Bluesky PBLLC board of directors
Bluesky, a project to develop an open decentralized standard for social networks, announced the creation of an independent organization, Bluesky PBLLC. Twitter co-founder Jack Dorsey joined the board of directors. “Our mission is to develop and drive the widespread adoption of technologies for...
Whales control 25% of SHIBA's total supply
The Shiba Inu (SHIBA) token has soared in price by more than 45% to $0.0000338 in the last 24 hours. The capitalization of this cryptocurrency is approaching $19 billion. SHIBA turned out to be one of the top-performing altcoins. The crypto market is gaining amid the resumption of capital inflows...
Judge Decided Legal Advice Ripple Received Should be Revealed
According to a ruling by U.S. District Judge Analisa Torres, the advice Ripple got from a law firm in 2012 on whether XRP is a security or not, must be unveiled by February 17. The question plays an important role in the lawsuit, as the SEC accuses Ripple's executives of implementing an ulisted...
Polygon Raised $450 M in a Round Led by Sequoia
Polygon, an Ethereum scaling solution, has attracted $450 M, in a funding round led by Venture Capital Sequoia Capital India. SoftBank, Galaxy, Tiger, Republic Capital, and others also took part in the fundraising. The amount was raised via a private sale of MATIC, the native crypto of the...
Asia is becoming a center for crypto development and innovation
Against the background of the notorious events in China, where the government declared a real war on the crypto community, supporters of digital assets began to look for a haven for their activities in other countries. Based on the results of many studies, it becomes clear that the main region...
A couple from Arizona played the first wedding in Decentraland
In early February, the first wedding took place in the Decentraland metaverse. The event was attended by a representative of the court, witnesses, and about 2,000 guests. In real life, Ryan and Candice Hurley from Phoenix, Arizona have been married for 14 years. They hired Rose Law Group to...
Study Found Crypto Investors Are More Attractive to Date
A recent study by the trading platform eToro found out that financially stable people, who are also savvy, are more attractive for going out on a date. Based on the survey answers, 33% of Americans would be more likely to date someone who added crypto in their dating profile. Also, the study found...
Jack Dorsey spoke about Meta errors
The other day, former Twitter CEO and now Block founder Jack Dorsey discussed the failure of the tech giant Meta with Michael Saylor, the head of the well-known American business intelligence company MicroStrategy. In the conversation, Dorsey noted that a successful, promising company like Meta, as...
UNUS SED LEO Hit a New All-Time High of Above $5
LEO token hit a new all-time high, going above $5.23. It has a market cap of nearly $5 billion. LEO is a utility token operating on the Bitfinex trading platform and the Ifinex ecosystem. Bitfinex launched the token in May 2019 via Initial Exchange Offering (IEO)....
Senator Pat Toomey saw the digital yuan as a threat to US national security
US Senate Banking Committee member Pat Toomey urged Treasury Secretary Janet Yellen and Secretary of State Anthony Blinken to look into China's use of the digital yuan at the Olympics. According to him, eCNY poses a threat to the interests of the US economy and national security. The Winter Olympic...
Hodlers bought up bitcoins even amid a falling market
The fall in the value of bitcoin did not scare long-term investors, who are often called hodlers. They continued to buy cryptocurrencies and even stepped up during a deeper correction to purchase coins at comfortable prices. Recall that at the end of January, BTC fell to $33,100 amid a massive exit...
Cryptocurrency came to us in 2009 and became a twofold phenomenon. Many think these assets will bring freedom to the traditional financial system: many suppose they can give opportunities to scammers and fraud. But no matter what, everyone understands that crypto has become a serious game-changer in world economics.
Cryptocurrencies are becoming more and more popular day by day. One of the reasons for that is P2P transactions. People can send money to each other without bank mediation, faster and cheaper.
Nowadays, more than 2000 crypto coins are operating on the market. Because of active tradings with high volumes, the crypto market regularly improves. And when some people rely only on technical analysis of the market, others need to know what happens fundamentally. And here is where Blockchain Today can help.
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