Cryptocurrency News

On Wednesday, September 28, cryptocurrencies were again in the red zone against the backdrop of increasing pressure on the stock markets. The bitcoin rate fell to $18,700, the coin continues to trade at a two-week low. Ethereum rolled back to $1282. The Merge fork did not improve the attractiveness...

Trading from misty Albion was compelled to migrate to bitcoin as a result of the British pound's decline versus the US dollar. Over the previous several days, the BTC/GBP pair's trade volume has been rising. The cryptocurrency exchanges Bitfinex and Bitstamp saw the highest increase in activity...

Fintech company Robinhood will issue a beta version of its non-custodial digital asset wallet to 10,000 iOS customers on its waitlist. First, the company revealed the plans for launching a wallet in May. The Chief Technical Officer of the platform, Johann Kerbrat tweeted that Polygon will be the...

Tokens based on Polkadot have been released by the largest stablecoin, Tether (USDT). Polkadot is one of the most well-liked ecosystems on which Web3 applications are based, according to the USDT issuer in a statement. Tether chose to launch stablecoins on this blockchain to provide their users...

FTX US won the bid to acquire the bankrupt Voyager’s digital assets. An announcement by the crypto lending company says the auction included lots of participants and took 2 weeks of multiple rounds. As a result, FTX US offered the highest and the best bid. FTX US's bid was valued at around $1.422...

The NFT market has expanded significantly over the past two years. The number of holders of tokenized collections continues to grow despite the dominance of bearish sentiment in the cryptosphere. The development of the NFT industry has forced some governments to create an infrastructure for digital...

Annual crypto survey by the Australian crypto exchange Swyftx reveals that despite the Crypto Winter, Australian crypto ownership increased by 4% year on year. In 2021, 17% of the survey participants owned crypto, while this year this metric reached 21%. Results show that Australians have long-term...

In connection with a money laundering probe, six cryptocurrency exchanges' operations have been under scrutiny since last Thursday by Brazilian law officials. The nation's officials claim that both people and businesses might use digital currency to legitimate illegal earnings and avoid paying...

Cryptocurrencies should be viewed as risky assets, Bank of America said in a report. Bank analysts are skeptical about the medium-term prospects for bitcoin and other virtual currencies. Back in the middle of summer, Bank of America recorded a weakening in investor interest in an innovative tool....

Crypto exchange Kraken's newly appointed CEO Dave Ripley said he has no intentions to register with the US Securities and Exchange Commission because Kraken doesn't offer users to trade securities. According to Reuters, the executive added that there are no plans to delist any securities that the...

Interpol is looking for Terraform Labs co-founder Do Kwon. The organization issued a red notice for him. According to a report by Bloomberg, Interpol requested law enforcement worldwide to locate and arrest Do Kwon related to the $60 billion worth of cryptocurrencies wiped out of the market. ...

In November 2021, the Israeli authorities introduced mandatory licensing of crypto companies. Blockchain startups and bitcoin exchanges must register with the Capital Markets Authority database to operate legally on the domestic market. The first crypto exchange received a license from the Israeli...

The US derivatives markets regulator CFTC (Commodity and Futures Trading Commission) filed a lawsuit against the Decentralized Autonomous Organization bZeroX and its founders Tom Bean and Kyle Kistner. CFTC claims that the DAO has facilitated margined and leveraged retail commodity transactions,...

The American exchange Coinbase used its financial reserves for speculation in the cryptocurrency market. According to the Wall Street Journal, the company was trading through its risk management division. Last year, Coinbase hired four traders from Wall Street. This team was engaged in investments...

Estonia stopped the registration of bitcoin businesses in the fall of 2021 and revoked all of their permits. A new registration procedure for businesses that represent the blockchain sector began this year. Striga was the first group to be granted such a permit. According to the Financial...

Ripple's native token, XRP saw a price increase of around 60% in the last 7 days. Currently, the coin trades at about $0.5 with a market cap of over $25.8 bln. XRP is the 6th largest cryptocurrency at the moment. Replying to one of the members of the XRP community, Ripple CEO Brad Garlinghouse...

At the end of August, the dependence of bitcoin on the US stock market decreased. However, already in September, the trend changed, and Bloomberg analysts drew attention to the increased correlation between BTC and the S&P 500 index. The correlation coefficient rose to 0.72 points, but it is...

JPMorgan CEO Jamie Dimon has been critical of bitcoin and other digital currencies over the past few years. The day before, during a speech in Congress, the banker confirmed his negative attitude towards the innovative tool. At the same time, Dimon acknowledged that stablecoins backed by the US...