Cryptocurrency News

The native coin of the Elrond protocol, EGLD, reached a new record high of $542.58 amid the growth of the ecosystem. On Nov. 19, Elrond released its DEX, Maiar, with the native token MEX. As a part of the launch, the protocol held a $1.29 B liquidity boosting program, intending to push DeFi...

Bitcoin (BTC) kicks off the new week with a deeper dive than many analysts previously expected. They predicted that the cryptocurrency would be able to stay in the $ 60,000 area, but now it is safe to say that this psychological mark has transformed into a zone of strong resistance. Before the...

Fintech company MoonPay, which provides tools for cryptocurrency payments, revealed raising $555 M in the Series A funding round. Thus, the company's valuation reached $3.4 B. Per the blog post published by the firm, the team is going to use the funds to invest in global expansion and find new...

President of Kazakhstan Kasym-Zhomar Tokayev met with business representatives. The head of the republic expressed dissatisfaction with the fact that miners do not pay taxes to the state budget. He recalled that Kazakhstan ranks second after the United States in terms of the amount of generated...

The El Salvadorian government has struck a deal with Blockstream and iFinex (the parent company of Bitfinex and Tether) to place a $ 1 billion bitcoin bond on the Liquid Network. Half of the proceeds from the sale of bonds will be directed to the development of the infrastructure for mining the...

John Deaton, the owner of the Deaton Law Firm, tweeted on the SEC against Ripple lawsuit, presenting records from the court. The case, started in December 2020, with the regulatory authority accusing Ripple Labs of the XRP token sale, saying it was unregistered security, takes new turns. During...

The Lydia payment application has integrated the services of the Bitpanda broker. That will allow 5.5 million users to trade more than 170 digital assets without commissions. Lydia offers a wide range of services including checking and shared accounts, express loans, instant bank transfers, mobile...

The native coin of the Avalanche blockchain, AVAX hit a new all-time high of $146.22. In the last 7 days, the price went up by around 40%. At the moment, AVAX is the 10th largest crypto, with a market cap of over $29.7 billion. Thus, the coin got ahead of Dogecoin, which has a market cap of $29.5...

The drop in Ether (ETH) last week triggered a sharp increase in the number of unprofitable addresses on the network. Now, this figure exceeds 3.115 million - this is the highest value since the beginning of October, according to a review by the Glassnode team. ETH dropped to $ 4,000 last Friday,...

Officials in Australia have different approaches to the crypto industry. Chairman of the Australian Securities and Investments Commission (ASIC), Joe Longo talked about cryptocurrencies on November 22, urging people to be careful about investing their all savings into unregulated assets that many...

In Israel, the founder of ICO startups Sirin Labs, Stx Technologies Limited (Stox), and Leadcoin Moshe Hogeg was arrested on suspicion of cryptocurrency fraud, money laundering, and sexual crimes. The entrepreneur also owns one of the leading football clubs in the country, Beitar (Jerusalem). Along...

Established news provider Time and tech-focused finance services firm Galaxy built a partnership, in terms of which Time will release informative content about metaverse (shared virtual environment) and receive payments in Ethereum (Ether). All transactions will be managed on the Ethereum...

The Internal Revenue Service (IRS) plans to recover billions of dollars worth of cryptos in delinquent claims next year. During the 2021 fiscal year, the department replenished the treasury under this item by $ 3.5 billion. This is the equivalent of 93% of all seized assets in illegal...

Many states have already announced plans to create national digital currencies (CBDCs). In addition to the CBs of China and Sweden, many other regulators from Europe and Asia have issued a series of statements of intent over the past two years to introduce tokens pegged to fiat currencies. The...

During her interview with Bloomberg Policies, former US Secretary of State, Hillary Clinton talked about the crypto industry and how in her opinion, the advancement of technology treats nations' stability. Talking about technology, the politician said one of the areas that nation-states got to pay...

On Thursday, November 18, an unknown buyer bought a historically valuable copy of the US Constitution at Sotheby’s auction for $ 43.2 million. The DAO, specially created by a group of crypto investors to buy the artifact, could not outbid his bid. A week before the auction, enthusiasts launched...

This week, the Bitcoin price saw a decrease, setting a three-week law of nearly $55.700. Ethereum and most cryptocurrencies also faced decline. Currently, Ether trades at around $4.000, down by around 14% in the last seven days. A major reason for the market sell-off is new crypto regulatory rules...

The non-profit Oasis Foundation has launched a $160M fund to finance developers of Dapps powered by the Oasis Network, including DeFi, NFT, and the metaverse. The fund will also invest in companies involved in tokenization and data management, develop privacy applications and create projects in the...