Cryptocurrency News

Russia’s Central Bank considers forbidding crypto investments, two financial market sources standing close to the institution told Reuters. As the report informs, the regulator assumes that an increasing number of crypto transactions presents risks to financial stability. In 2020, Russia gave...

Data from blockchain analytics platform, Santiment show that the supply of the stablecoin Tether (USDT) on exchanges reached its 6-month high. Since mid-June, the amount went up by 22.5% and currently stands at around $8.99 billion. The analysis indicates that there is a high interest in buying...

Back in August, Kraken CEO Jesse Powell shared the point of view of those analysts who predicted Bitcoin's soar to $ 100,000 by the end of this year. Among such experts, for example, Bloomberg strategist Mike McGlone stands out. However, this week Powell unexpectedly corrected his position and...

Binance collaborates with Telekomunikasi Indonesia Tbk (Telkom Group), the largest telecommunication network in Indonesia to release a crypto exchange. Telkom is a state owned enterprise, with 52.09% of its shares belonging to the government. Binance has built a joint venture together with a...

The UK Advertising Standards Authority (ASA) has required all crypto companies to stop posting content promoting cryptocurrency investments. On December 15, the regulator sent appropriate notifications to such companies as Coinbase, Kraken, eToro, as well as EXMO, and Coinburp. The management also...

Block CEO Jack Dorsey revealed who the selected members of the ₿trust Board are. ₿trust is a BTC endowment. Dorsey and famous rapper Jay-Z started the program to support BTC development in India and Africa. Dorsey and Jay-Z contributed 500 Bitcoins to the initiative. The aim of ₿trust is to...

According to Santiment, Solana has exceeded the daily sending rates of two cryptocurrencies to GitHub in the last month. We are talking about the assets of Polkadot and Cardano. GitHub applications for Solana achieved 90 over the past month, followed by Polkadot (76) and Cardano (65). Solana is the...

Social news and discussion website Reddit announced filing for an Initial Public Offering (IPO) of its common stock with the US SEC. As the company mentioned in a tweet, the number of shares and the price aren't determined yet. The IPO is supposed to be held after the SEC's review, subject market,...

Bitcoin (BTC) is rebounding on Wednesday after falling below $47,000 earlier in the week. Altcoins also went on the offensive today after a prolonged correction. The most successful of the top ten digital currencies was Dogecoin (DOGE), which soared 13% to $ 0.182 in a day. This altcoin is adding...

The share price of the largest mining companies collapsed this week amid a massive pullback in Bitcoin and other digital currencies. The price of BTC fell below $ 47,000 the night before, and altcoins were also in the red. As a result, investors began to withdraw from the shares of mining companies...

The list of those waiting to open a crypto wallet is more than one and a half million people. At the moment, users of the Robinhood trading application can buy and sell some cryptocurrencies, but still, the service does not provide for such opportunities as exchanging cryptocurrencies with other...

The central bank of Thailand has said it will not allow the financial sector to be destabilized. To this end, the regulator plans to develop a regulatory framework for the cryptosphere that will not allow digital currencies to squeeze out the traditional banking system. In January, the Central Bank...

In a recent interview with Bloomberg, the CEO of crypto-focused investment firm Galaxy Digital, Mike Novogratz talked about cryptocurrencies, NFTs, DeFi, the policy of the US Federal Reserve System, and what developments he expects. The businessman finds the lowest level that Bitcoin may fall is...

The Senate Banking Committee discussed the sector of stablecoins in a recent hearing. Subjects of regulations and whether the assets are good for the economy or can lead to a financial crisis were raised. Four witnesses testified: director of financial policy at Open Markets, Alexis Goldstein,...

Digital currency Dogecoin made a new leap on the eve and soared in price to the highest level since the beginning of December. Altcoin jumped to $0.202 but retreated to $ 0.179 on Wednesday night. The capitalization of DOGE is now just over $ 23.9 billion, the coin has risen to tenth place in the...

The influx of cryptocurrency to exchanges at the end of November led to the December Bitcoin sell-off. However, already last week, the trend began to change, and investors again began to withdraw BTC from trading floors. The change in tactics suggests that traders believe the cryptocurrency will...

The United Kingdom’s Central Bank released a Financial Stability Report, where it mentioned the rapid evolution of the crypto industry. The regulator said that domestic and global regulations must cooperate to control the risks of the fast-evolving market of cryptocurrencies. The Financial Policy...

The head of SEC, Gary Gensler, periodically declares the need to increase the transparency of the cryptocurrency market and ensure the safety of traders. According to him, the Securities and Exchange Commission should control the blockchain industry. To protect investors, the SEC is ready to follow...