Cryptocurrency News

Cryptocurrency exchange FTX launched a new venture capital to back web3 and crypto startups. FTX Ventures will be led by Amy Wu, a partner at VC Lightspeed Venture. Previously, in November 2021, Lightspeed in the leadership of Wu, together with FTX and Solana Ventures, launched a $100 M Web3...

New York Mayor Eric Adams, who was elected on November 2 and took office on the first day of 2022, gave an interview to a popular business publication. The media asked if the measure received a salary in bitcoins, which he announced even before his appointment. When asked by journalists, Adams...

As per a recent decision by the US Magistrate Judge Sarah Netburn, the SEC will disclose emails related to a speech, in which an ex-official William Hinman stated that Eth isn't a security in 2018. Then, he said that the cryptocurrency is decentralized enough. This speech plays a major role in the...

According to SEBA Bank CEO Guido Buhler, Bitcoin will continue to expand in 2022. The coin will rise in price as institutional investors enter it. Moreover, the businessman does not exclude that BTC will be able to soar in price up to $75,000. To improve the attractiveness of the cryptocurrency,...

In November, the price of Litecoin (LTC) exceeded $285, then the cryptocurrency began to fall. As a result of the December and January sales, the altcoin fell to $127. The rebound occurred in the middle of the current week. On January 12, LTC jumped over 5% to $140.1. Cryptocurrency wins back...

Electric vehicle company Tesla started accepting Dogecoin for merch as Elon Musk tweeted today. Tesla merch buyable with Dogecoin— Elon Musk (@elonmusk) January 14, 2022 ...

Despite significant customer demand, online broker Robinhood has no intention of investing corporate funds in digital assets. That was announced at the conference The Wall Street Journal by CFO Jason Warnick. “We don't have a compelling strategic reason to invest a significant portion of...

The improvement in the situation in the American stock market had a positive effect on the positions of both bitcoin and other digital currencies. The night before, BTC jumped above $ 44,100, the highest value since January 6. The correction took place this morning during Asian trading. At the time...

The Hong Kong Monetary Authority fears that stablecoin issuers have insufficient reserves to back up all of their tokens. To this end, the regulator plans to tighten control over such companies to protect investors. On the eve of the Department published a document in which it spoke about the risks...

Many representatives of the cryptocurrency industry periodically state that the digital asset market will grow at the expense of institutional capital. However, for the penetration of investment funds and financial companies into the crypto sphere, it is necessary to legalize it. According to the...

Popular crypto exchange Coinbase unveiled the upcoming purchase of FairX, a platform that delivers futures products. In a release published by the company, the team said that the goal is to provide derivatives trading, both for retail traders and institutions for all U.S.users. At start, the market...

Morocco tops the ranking of North African countries in terms of bitcoin investment. According to the Singapore platform Triple-A, approximately 2.4% of the population of this state, or 0.9 million people, have already bought digital currencies. In terms of the number of bitcoin investors, Morocco...

The dominance of a negative trend in the market is evidenced by a decrease in the SOPR indicator. Most addresses are selling cryptocurrency at a loss in the current cycle, as evidenced by the latest data from the CryptoQuant team. The SOPR index displays the financial performance of the addresses...

On January 11, the International Monetary Fund issued a report on cryptos. The institution said that BTC and other digital currencies have grown from an unknown asset category to an integral component of the digital money revolution, which causes financial stability worries. The IMF mentioned that...

Recently, many analytical business publications writing about cryptocurrency pointed to an unexpected rise in the price of Pudgy Penguins NFT. The cost of non-fungible tokens of this project increased by 53.6% in just a day. Experts attribute this to the fact that an indefatigable scandal has...

The price of the native token of the dapp platform Near Protocol, NEAR hit a new all-time high of $18.28. In the last 24 hours, the NEAR price went up by over 14%. At the moment, NEAR is the 19th largest crypto with a market cap. of more than $11 bln The number of projects built upon the protocol...

Many experts have already reacted to the dominance of the negative trend in the crypto market. For example, Bloomberg strategist Mike McGlone said that the pullback would be temporary, but Bitcoin could hold above $ 40,000. So far, the analyst's forecast is coming true, and the largest digital...

Fintech stocks and cryptos saw a decline in recent months. On Jan. 11, the prices started to go up. The rise followed Fed chair Jarome Powel's speech when he said that the US economy is healthy enough and there's a need for tighter monetary policy. He added that the institution will end asset...