Cryptocurrency News

The LocalBitcoins platform is particularly popular with bitcoin holders in Africa and Latin America. This week it became known about the launch of a mobile application for devices based on the Android operating system. The iOS version is still under development. The company did not specify the...

In winter, it became known that Tesla had invested $ 1.5 billion in bitcoin. At the same time, the electric car manufacturer began accepting payments in cryptocurrency and allowed an increase in capital investments in BTC. However, in the spring, the giant suspended accepting bitcoins, and Tesla...

According to the head of the Thai government, Prayut Chan-o-cha, residents of his country need to stay away from digital currencies. The prime minister watches with dismay how bitcoin is attracting the younger generation. The state needs to make every effort to prevent people from accessing such...

Institutionals channeled $ 1.5 billion to crypto funds last week. A report from CoinShares states that 99% of funds were raised by Bitcoin-focused products. For comparison, the week before last, bitcoin funds received only $ 70 million. Analysts link the activation of hedge funds and other...

The founder of the hedge fund SkyBridge Capital Anthony Scaramucci said that many investors who previously doubted the potential of Bitcoin have now invested in this cryptocurrency. The businessman pointed to the huge potential of both BTC and the cryptocurrency industry in general. According to...

Bullish trends prevail in the crypto market currently. Bitcoin trades at around $62.900, Ether at $4200 and most altcoins have had massive gains in the last 7 days. Today the native token of the Fantom blockchain, FTM crossed the $3 milestone, reaching its all-time high of $3.47. The coin's price...

Back in the winter of 2019, it became known about the plans of the United Arab Emirates and Saudi Arabia to issue a joint digital currency as part of the so-called Abra project. The same states are moving towards the creation of their national tokens (CBDC). The Abra project is the basis for the...

The most powerful mining chip of the Nvidia CMP 170HX series is now available to retail buyers. The sales of the video card started in the Vipera online store in Dubai, where a batch of 230 devices arrived. At the heart of the CMP, 170HX is the GA100 GPU based on Ampere architecture, equipped with...

The price of the Fantom blockchain's native token FTM reached a new all-time high of $2.90. In the last 7 days, the price went up by over 33%. At the moment, Fantom is the 29th largest cryptocurrency with a market cap of over $7.3 billion. Per data from DeFi Llama, the total value locked in the...

Chinese tech giants Ant Group and Tencent have changed the term “non-fungible tokens” (NFT) to “digital collectibles” on their platforms and sites. At AntChain Fan Tablet, assets are now defined as “virtual digital goods”. Tencent's Magic Core platform, which is considered China's...

The traditional payment system will be able to withstand even the massive adoption of cryptocurrencies. Credit cards will retain their position as they will remain a popular tool for a very long time, according to Stephen Squeri, CEO of American Express. Unlike credit cards, cryptocurrencies cannot...

On October 24, Shiba Inu (SHIB) token hit a new all-time high of $0.00004442. In the last 7 days, the price went up by around 50%. SHIB is the 13th largest cryptocurrency, with a market cap of over $15.1 bln. At the moment, SHIB trades at around $0.00003842. The price dropped after Elon Musk said...

Ethereum's success is, at least in part, due to a favorable attitude from the US Securities and Exchange Commission (SEC). That was stated by the head of Ripple Brad Garlinghouse at the DC Fintech Week online conference. Garlinghouse considers it unfair for the SEC to classify XRP as a security,...

The Snark.art platform sold out the NFT collection Organic Growth: Crystal Reef from artists Michael Joo and Danila Krivoruchko in three days, earning more than $ 4 million. According to the creators of the collection, the final appearance of each of the crystals depends on the history of the...

On October 21, India's top securities regulator, the Securities and Exchange Board of India (SEBI), issued a notice over crypto trading, telling advisers not to deal in assets that are unregulated in the country. In the notice, SEBI announced it would take action against investment advisers...

Bitcoin made a historic breakthrough in the middle of this week. On some trading floors, the coin was close to $ 67,000. The weakening of traders' activity led to a decrease in the BTC volatility index. According to ByBt, this figure fell to 3.63% on October 22, the lowest level since the middle of...

More and more financial institutions are not only looking at bitcoin and other digital currencies but are also investing in such innovative tools. One of the Texas pension funds has invested in bitcoin and Ether. The Houston Firefighters Pension Fund acquired $ 25 million worth of cryptocurrencies...

Leading retail company Walmart hosts Bitcoin ATMs to allow store visitors to buy Bitcoin at its numerous US-located stores. For this purpose, Walmart hosted machines from Coinstar, a company that provides services of coin conversion to cash. Coinstar, cooperating with the first U.S. state-licensed...