Cryptocurrency News

Many states are moving towards the creation of national digital currencies (CBDC). With the help of such a tool, the authorities expect to reduce transaction costs, increase the availability of financial services for the population, and also minimize the amount of investment in bitcoin, which is...

With Ethereum's hitting a new all-time high of $4.664 on November 3, most altcoins increased in price. Polkadot (DOT), Solana (SOL) and Avalanche (AVAX) reached new all-time highs. On November 2, Polkadot crossed the milestone of $50. On November 3, the token's price reached $54.55. Currently, DOT...

According to analysts from the investment bank JPMorgan, today's bitcoin rate is greatly overvalued. The fair price of the cryptocurrency is around $ 35,000. The financial giant's report says that, unlike gold, BTC is still a highly volatile asset. The range of cryptocurrency price fluctuations is...

Australia is rapidly calculating the number of citizens buying cryptocurrencies. Moreover, bitcoin is much popular in the country compared to precious metals. Local businesses representing the cryptocurrency industry have expressed their willingness to work strictly within the framework of the...

Senator Cynthia Lummis from Wyoming is known to many as a supporter of blockchain technology and digital currencies. She bought bitcoins several times over the summer. The last purchase dates from August 16 at the time the senator acquired BTC for $ 100,000. Lummis herself indicated such data in...

In early 2021, Ether (ETH) futures became available to investors on the Chicago Mercantile Exchange (CME). The product was announced back in December. The management of the trading platform was conceived to attract additional capital to the crypto sphere through specialized products. Now the...

The price of the largest altcoin hit a new all-time high of $4638. In the last 24 hours, Ether went up by around 6%. The token's market cap stands at above $540.2 billion, and its market dominance index is 19.7%. Ethereum's hash rate reached a new all-time high too. The highest average hash rate...

The activity in the camp of institutional investors began to gradually weaken. Its surge was observed in mid-October after the emergence of an ETF focused on Bitcoin futures in the United States. The report of the CoinShares company says that last week crypto funds were able to attract only $ 288...

The non-fungible token music platform OneOf has announced a partnership with the US National Academy of Recording Arts and Sciences. As part of the agreement, the project will issue NFTs for the 64th, 65th, and 66th annual Grammy Awards. OneOf bills itself as a "green NFT platform" based...

The state of California sells a physical license plate with the letters "MM" paired with an NFT that is on display on the OpenSea marketplace. The cost of the kit is 5888 ETH. In 2017, local authorities allowed license plate owners to resell them. In California, two to seven characters...

On Monday, November 1, The world's largest cryptocurrency exchange Binance announced the suspension of withdrawals. This decision was caused by technical difficulties in processing applications. The administration of the trading platform, approximately 25 minutes after the blocking of transactions,...

On Nov. 1, the US Treasury tweeted about having issued a report on stablecoins together with the US President's Working Group on Financial Markets, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency. Today, Treasury joined colleagues from the President’s...

At the end of October, the average commissions on Ethereum were $22.5. Then, along with the rise in the cost of Ether (ETH), fees skyrocketed due to increased network activity. On November 1, the average commission skyrocketed to $52.97, the highest since early September. At the same time, fees in...

The native asset of the Polkadot cross-chain protocol, DOT, hit a new all-time high of $51.47 on November 1. In the past 24 hours, the cryptocurrency went up by almost 12.64%. DOT's surge happened after the team was informed that the parachain (parallel chain) listing and crowdloan proposal had...

At the end of last week, the Bank for International Settlements (BIS) presented a report in which it analyzed the implications of integrating stablecoins and central bank tokens into the financial system. According to the organization, the new tools will not be able to solve the problems facing the...

Every year, October 31 is celebrated as the birthday of bitcoin. It was on this day that the legendary Satoshi Nakamoto created a new concept based on the use of an innovative tool. The leading digital currency celebrated its 13th anniversary this year. Bitcoin celebrates its next holiday at values...

The East Java branch of the largest Islamic organization Nahdlatul Ulama (NU), located in Indonesia, expressed its opinion about the cryptocurrency. In NU, relying on Islamic law, they said that digital assets are an unsafe investment and called them "haram", which means...

Large Bitcoin (BTC) holders, often referred to as whales, sparked the October run of the leading cryptocurrency. In the past month, stocks of addresses holding 100 BTC or more have increased by another 0.25%, according to Kraken. Now under the control of whale wallets is cryptocurrency totaling up...