Cryptocurrency News

Last November, the price of Bitcoin (BTC) soared by nearly 43%. However, November of this year turned out to be unfortunate for the leading digital currency. Its cost at the end of the last month decreased by 7.11% (according to CoinGlass). However, the losses were negligible compared to November...

According to Cardano blockchain explorer Cardanoscan, the number of total Cardano transactions surpassed 20 million, reaching 22.056.500. Earlier, on November 2, Cardano announced that the number of ADA wallets has surged above 2 million. As the volume goes higher, Cardano developers carried out an...

After China decided to stop all sorts of activities related to cryptocurrencies, a "big road" opened up for the NFT market because all traders redirected their interest to trading non-fungible tokens. It would seem that the main threat that the authorities saw in digital assets is already...

At the end of the summer, American law enforcement officers confiscated about $ 2.3 million in digital currency from a hacker from Russia. The criminal is currently in the territory of the Russian Federation. We are talking about Alexander Sikerin, who may be associated with the REvil hacker group,...

In July, Treasury Secretary Janet Yellen called on the President's Financial Markets Working Group (PWG) to expedite the development of stablecoin legislation. The day before, she reiterated that fiat-backed digital assets need a regulatory framework. With the help of such tools, you can simplify...

California-based financial services provider Square, owned by Jack Dorsey, has a new name, "Block". It will come into effect on Dec. 10. Accordingly, the name Square Crypto is changed. Now it is Spiral. As the team explains, the news indicates that Square gives the full brand to their...

Ether (ETH) was not the only one that showed the highest profitability compared to Bitcoin in 2021. Mining stocks also outperformed the largest digital currency in terms of performance, Arcane Research said in a report. At the same time, analysts remind that investing in the mining industry is...

Tech giant Meta, the parent company of Facebook, Instagram, Messenger, WhatsApp, and others, published an ad policy update, according to which running crypto ads on the platform becomes easier. To do so, the company has increased the number of regulatory licenses it accepts from 3 to 27. On the...

Digital asset management company Grayscale Investments has announced the launch of trust to invest in the native token of the Solana network. “We attract assets for the trust through regular private placement, thanks to which investors will be able to acquire the asset at net worth,” the...

Digital currencies are risky instruments as they have no real collateral. This point of view is shared by Russian President Vladimir Putin. In addition, he once again reminded today of the strong volatility of cryptocurrencies. The Russian leader made similar statements earlier. For example, in...

Since December last year, the cost of Ether (ETH) has skyrocketed by about 530%, while Bitcoin has grown by about 200% over the same period. Even though BTC still exceeds ETH in terms of capitalization, the latter turned out to be the most effective instrument. Ether is based on the blockchain,...

Recently, more and more countries have announced their readiness to issue a national digital currency (CBDC). Moreover, central banks do not hide the fact that by integrating their token into the financial sector of the state, they intend to reduce the impact of bitcoin. Judah Agung of Indonesia's...

The operator of China's largest cryptocurrency exchange, Huobi, will open a regional headquarters in Singapore. That was announced by the co-founder of the company, Du Jun. The city-state will become the new base for Huobi Group after moving from China, he explained to the publication. The company...

Investment company Kelly Strategic Management has applied to the SEC to register an exchange-traded fund (ETF) based on ETH futures. Statement complies with the 1933 Securities Act and 1940 Investment Company Acts. The Kelly Ethereum Ether Strategy ETF aims to acquire CME-traded futures for the...

Blockchain tech and crypto-focused financial services provider Galaxy Digital announced raising funds. The firm will contribute the amount to the growth of the crypto space. Galaxy Digital intends to raise $500 M by selling five-year convertible notes in exchange for company stocks. As the company...

The British authorities have ordered all cryptocurrency exchanges to pay a 2% tax. The corresponding decision was made by the Kingdom's Tax Office (HMRC). Digital assets are not recognized as financial instruments by local officials, so crypto exchanges cannot qualify for benefits. A similar fee...

Twitter co-founder and the CEO from 2015, Jack Dorsey revealed leaving his role on Monday, by publishing his departure email. CTO Parag Agrawal will replace him. not sure anyone has heard but,I resigned from Twitter pic.twitter.com/G5tUkSSxkl— jack⚡️ (@jack) November 29, 2021...

Since January 2021, transaction processing fees on the Bitcoin network have descended by about 57%. According to the YCharts service, in 11 months, the average collection fell from $4.4 to $1.8. Analysts are looking at several factors driving the drop in network fees. One of them is the growing...