Cryptocurrency News
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Elon Musk Mentioned Dogecoin in a Tweet Once Again
Tesla CEO Elon Musk posted about Dogecoin (DOGE) once again. On October 29, the business magnate tweeted about his plans to start a new university "Texas Institute of Technology & Science". On October 31, he added that tuition is in Dogecoin, and there's a discount in the case of...
Open interest in Ethereum futures sets new record
The Ether (ETH) rally has fueled interest in this cryptocurrency from institutional investors. However, the altcoin did not have enough support to hold its position, and it dipped in price to $ 4,319. ETH's capitalization is now just over $ 510.287 billion. Open interest in Ethereum futures hit an...
India plans to legalize crypto market
Back in early June, it became known about the Indian government's plans to liberalize its policy concerning the cryptocurrency sphere. The journalists found out that the country's authorities have decided to legalize innovative tools. The corresponding bill will be developed by experts from the...
Steve Wozniak Believes Crypto Will Be Used Effectively
Apple co-founder, tech entrepreneur Steve Wozniak says he is in a camp, believing that cryptocurrencies will be used effectively in the business. During an interview with Yahoo Finance, Steve Wozniak talked about the way governments tax properties in the case of inflation. He called the system...
Staked ADA on Cardano Reaches New All-time High
The Cardano blockchain is the leading network by the volume of staked tokens. Currently, 74% of the protocol's native token ADA, worth $33.2 billion is in circulation. Around 73.15% of this amount is staked. The numbers show that ADA holders mainly use the token for long-term investment purposes...
The tourism industry in Thailand may acquire its own token
The Tourism Authority of Thailand (TAT) is considering launching its own digital token. Thus, according to local media reports, travel operators will be able to make additional profits by starting to make money on the growing popularity of cryptocurrencies. The token will be called TAT Coin. The...
Bitcoin exchange balance fell to minimum since January 2018
Investors have been withdrawing bitcoins from trading floors over the past few months. The positive effect began to be felt already in October when the value of the cryptocurrency began to add aggressively. According to Arcane Research, exchanges currently have the lowest BTC volume since January...
MicroStrategy Reported Results of Q3, 2021
BI firm MicroStrategy reported the results of Q3, 2021. As noted in the paper, published on October 28, the company showed progress in the third quarter coming from both actionable and digital asset policies. The demand for Microstrategy's cloud service solutions has grown. Michael Saylor, the CEO...
CoinList CEO expects Bitcoin to skyrocket to $100,000
On Thursday evening, October 28, the bitcoin rate rose to $ 61,305. The leading digital currency is successfully recouping after yesterday's fall below $ 60,000. Well-known experts such as Galaxy Digital CEO Mike Novogratz and Bloomberg strategist Mike McGlone have repeatedly stated that this year...
LTC address activity raised after the Visa debit card launch
The Litecoin Foundation unveiled the Visa debit card, after which network activity peaked starting from mid-September. The average daily number of transactions on the Litecoin blockchain is approaching 150,000. Note that at the beginning of this month, LTC addresses made about 100,000 transactions...
Ethereum Altair Upgrade Went Live, Ether Reached a New ATH
The Altair upgrade on the Ethereum beacon chain went live on Oct 28. After the successful process, the price of Ether went up by around 7.6%, hitting a new all-time high of $4.400. The Beacon Chain is the first step of Ethereum's new Proof of Stake blockchain. It will merge with the mainnet to...
Slovenia wants to submit a 10% tax on crypto transactions
The Slovenian Financial Authority intends to tax operations to convert fiat money into cryptocurrencies. We are talking about 10%, which will be charged from citizens after each such transaction. Local mass media report that a month after the information about possible innovations appeared on the...
Robinhood's crypto income drops nearly 80% In Q3
Based on data that Robinhood released in its third-quarter financials, its crypto transaction revenue has dropped 78% over the past three months. Against this background, the total value of Robinhood shares fell by 10%. The document says that for the third quarter, the company received revenue much...
El Salvador Acquired 420 More Bitcoins
El Salvador’s president Nayib Bukele, informed that the country has added 420 Bitcoins worth about $25 M. The price per coin was about $59.500. Bukele informed that the country has already benefited from the BTC it brought as, after the purchase, the BTC price grew. It was a long wait, but worth...
Coinbase app surpasses TikTok and Instagram in popularity
In the AppStore, the Coinbase cryptocurrency exchange application turned out to be the most popular. In terms of the number of downloads, this service has bypassed TikTok, Instagram, and even YouTube. Recall that in the spring, Coinbase entered the stock market. It became the first company to be...
SHIB Flipped DOGE by Market Cap, Hitting a New ATH
In the last 7 days, the price of Shiba Inu (SHIB) cryptocurrency went up by over 150%, hitting a new all-time high of $0.00008845. In terms of a year, the token increased by around 60.000.0000%. SHIB got ahead of Dogecoin by market cap. Currently, it ranks 8th with a market cap of over $45.3...
Bitcoin miners' reserves hit six-month high
Mining pools have been accumulating bitcoins over the past six months. Now the reserves of miners are at their highest level since the beginning of May, that is, before the fall in the value of BTC. CryptoQuant research says that despite tiny drops, mining pools generally continue to hoard. This...
Investment tokens redefined in Dubai
DFSA, an independent regulatory body in Dubai, has made some changes to the definition of investment tokens. Thus, according to a local media report, the UAE wants to improve the security and reliability of cryptocurrency transactions. Even though according to world experts, the UAE continues to be...
Cryptocurrency came to us in 2009 and became a twofold phenomenon. Many think these assets will bring freedom to the traditional financial system: many suppose they can give opportunities to scammers and fraud. But no matter what, everyone understands that crypto has become a serious game-changer in world economics.
Cryptocurrencies are becoming more and more popular day by day. One of the reasons for that is P2P transactions. People can send money to each other without bank mediation, faster and cheaper.
Nowadays, more than 2000 crypto coins are operating on the market. Because of active tradings with high volumes, the crypto market regularly improves. And when some people rely only on technical analysis of the market, others need to know what happens fundamentally. And here is where Blockchain Today can help.
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