Cryptocurrency News

The Indian authorities have identified a violation of tax laws by the crypto exchange WazirX, owned by Binance. A study of the platform's business activity revealed a Goods and Services Tax (GST) evasion for Rs 49.2 crores (over $6 million), including interest and fines. The authorities also turned...

El Salvador’s president Nayib Bukele shared his Bitcoin expectations for 2022. He assumes that this year the BTC price will hit $100.000. Bukele finds two other countries will legalize the coin, although he didn't specify what counties in his opinion they can be. The next BTC prediction from the...

Businessman and well-known TV presenter Kevin O'Leary previously represented the camp of bitcoin skeptics and doubted that digital currency would become part of the modern market. However, he recently changed his point of view drastically and started investing in both BTC and other...

The hashrate of the BTC network set a new all-time high of 209 exahashes per second on January 1. This number indicates the computational power that is used for minting new coins. In June 2021, the BTC hashrate saw a major fall, dropping as low as 61 EH/s. The main reason for the decline was the...

The head of the SEC, Gary Gensler, believes that the crypto industry needs regulation. The challenge for US authorities is to ensure the safety of investors and to minimize the risks of digital asset fraud. The SEC press center reported that Corey Freyer is planning to start working in the...

Blockchain company Santo Blockchain has recently stepped up in the development of the crypto industry in Panama. So, for example, the company has already officially announced a 100 percent delivery of 50 BTC ATMs to Panama in early 2022. The Santo Blockchain report says that the above number of...

Crypto billionaire, Ethereum co-founder Vitalik Buterin shared his previous articles written over a decade, where he expressed his views on various aspects of the blockchain industry and cryptocurrencies. On Twitter, Buterin wrote which predictions were correct, which ones were not, and what he...

Galaxy Digital founder Mike Novogratz advised in an interview the channel to remove Litecoin from the cryptocurrency rates panel and came under criticism from the community. Speaking with host Joe Kernen, the billionaire shared his optimistic expectations regarding cryptocurrency adoption. Galaxy...

Data from Glassnode show early Bitcoin buyers aren't much interested in selling their coins, in spite of established price records and an all-time high in 2021. Activity movements tracker indicates that the percentage of bitcoins sold by old holders is near record lows. This means that the majority...

Currently under the control of mining pools is the largest number of bitcoins in 2021. According to the CryptoQuant company, the reserves of miners have already exceeded the maximum indicators in May. That is, over the past six months, the pools refused to sell all the received cryptocurrency and...

Crypto.com CEO Chris Marshalek criticized CoinMarketCap for providing incorrect information on trading volumes. “Merry Christmas, the CoinMarketCap team, which, a week after responding to their poorly worded tweet, arbitrarily downgraded our stock rankings to 14th. On CoinGecko, we are # 2 to #...

Bitcoin exchange Binance has received principal approval from the Central Bank of Bahrain to work as a cryptocurrency service provider. According to the statement, the company has applied as part of plans to become a "fully regulated centralized cryptocurrency exchange." Binance also...

Iranian Ministry of Energy decided to temporarily stop operations of crypto mining hubs. The reason is the high level of electricity usage in winter. Chairman of the country's power grid developer and operator, Iran Grid Management Company, Mostafa Rajabi Mashhadi talked about the adopted measures...

2021 turned out to be a record year not only for centralized crypto exchanges but also for decentralized platforms (DEX). The volume of transactions with digital assets on such platforms deployed on Ethereum exceeded $1 trillion from January to December. The CryptoDiffer team presented a rating of...

On Christmas Eve, the founder of the Cardano blockchain protocol, Charles Hoskinson, talked about the crypto sector and the protocol's future plans. After smart contracts՛ going live on Cardano, in September, over 100 dapps have been under active development. Two million assets have been...

Every year, digital assets are attracting more and more interest from ordinary Internet users. This indisputable fact lures a huge number of speculators who want to cash in on incompetent consumers who have just started to join the crypto space. Recently, in some provinces of Argentina, dubious...

The team behind the development of the meme coin Dogecoin, presented its first roadmap "trailmap". It includes 8 points. Among them are Dogecoin protocols library LibDogecoin and development solution GigaWallet. In the announcement, Dogecoin Foundation revealed that Vitalik Buterin...

At the moment, about 1.3 million bitcoins are listed on exchanges, the CryptoRank team said in a statement. This volume of cryptocurrency accounts for 6.3% of the total BTC market supply. In October last year, the exchange balance of bitcoin was 9.5% of the supply of digital currency. Already in...