Cryptocurrency News
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Stronghold Digital Mining raises IPO target To $127M
American mining company Stronghold Digital Mining announced an increase in its initial public offering (IPO) to $ 127 million. The firm will place 6,687,305 Class A shares at $ 19. It is planned that the securities will begin trading on the Nasdaq on October 20, 2021, under the ticker SDIG, and the...
Hindenburg Research gives $1M award for USDT collateral information
Research firm Hindenburg Research has offered a $ 1 million reward for disclosing previously unknown collateral for the Tether (USDT) stablecoin. The company called Tether “a key element of the multi-trillion dollar cryptocurrency market,” but questioned the legitimacy of providing it....
Ethereum Hit New ATH, Elon Musk Reacted to Bitcoin Surge
The price of Ether could overcome the resistance around $4.000 and set a new record. Over the last 24 hours, the price of the token went up by around 9%, hitting a new all-time high of $4.366. The surge happened a day later after Bitcoin's set ath of $66.930. Currently, the global crypto market cap...
JPMorgan Says BTC Surge Is a Result of Inflation Concerns
Experts at the leading financial institution JPMorgan say that Bitcoin's surge is connected with concerns over inflation and not ETFs. As reported by Bloomberg, Managing Director at JP Morgan Nikolaos Panigirtzoglou and other strategists are of the opinion that the release of ProShare's Bitcoin ETF...
Billionaire Carl Icahn calls Bitcoin insurance against inflation
Icahn Enterprises founder Carl Icahn warned of an impending crisis and announced the protective properties of bitcoin against inflation. In the past, a bitcoin skeptic has expressed fears about the devaluation of the dollar and said there is a high chance of unwinding an inflationary spiral due to...
VanEck Gets the SEC's Approval to Release a Bitcoin ETF
Major international investment company VanEck is going to release its Bitcoin futures ETF on Oct. 25. The US SEC validated the company's filing to release the product after Oct. 23. VanEck's ETF will go live on the Cboe BZX under the ticker XBTF. It will allow investments in cash-settled...
Ether overcame resistance around $4000
Bitcoin (BTC) is not alone this week, showing strong growth. Together with the leading cryptocurrency, ether (ETH) also adds value. Altcoin soared above $ 4,000 for the first time since early May 2021. On the night of Thursday, October 21, the ETH rate strengthened to $ 4070. ether capitalization...
Number of wallets containing at least one ETH reaches record levels
Despite the sharp rise in the price of Ether (ETH) in October, investors continue to buy this altcoin, as they are confident that its price will continue to rise in the coming months. On Tuesday, October 20, the ETH rate strengthened to $ 3850. The cryptocurrency has a good chance of reaching $...
Bitcoin Hit a New All-Time High Surging Over $66.000
Over the last 7 days, the price of Bitcoin increased by over 20.5%, hitting a new high of over $66.200 today. The coin's market cap is over $1.2 trillion. A day earlier, the first U.S. Bitcoin ETF went live. ProShare's futures-based trading product saw high interest, surpassing $1 B in trading...
Whales have accumulated almost 16.8% of the total supply of LINK
Altcoin ChainLink (LINK) has been declining in value over the past few days. On Wednesday night, the LINK rate dipped to $ 25.6. In the ranking of cryptocurrencies, this coin is in 15th place in terms of capitalization. On October 16, LINK was close to $ 29, but on the same day, it went down...
Cardano could not stay in the top three cryptocurrencies
Binance Coin (BNB) again surpassed Cardano (ADA) in terms of capitalization and knocked out the last of the top 3 digital currencies. The ADA rate on Tuesday, October 19, fell 2% to $ 2.12. Cryptocurrency capitalization is now $ 69.986 billion. Note that the total cost of BNB tokens for the week...
Spaniards were told about fake crypto projects
Spain is on the list of European countries whose residents are not only massively interested in bitcoin but also invest in cryptocurrencies. That is why in this state there is an increased activity of all kinds of swindlers trying to steal money from ordinary Spaniards. At the beginning of the...
US First Bitcoin ETF Launched, Seeing Record Interest
On October 19, the first Bitcoin ETF, approved by the U.S. Securities and Exchange Commission (SEC) went live on NYSE (New York Stock Exchange). The product is presented by ProShares and allows futures-based trading. It trades under the ticker "BITO". Congratulations to CEO Michael L....
Pantera Capital analysts predict weaker bitcoin volatility
According to analysts at Pantera Capital, in the medium term, the range of Bitcoin price fluctuations will gradually decrease. In a note prepared for investors, Pantera Capital CEO Dan Morehead wrote that drops and jumps in the exchange rate of 80% or more are going to become a part of history...
Centre Consortium launches stablecoin on Hedera Hashgraph
The USD Coin (USDC) consortium Centre has originated a stablecoin on Hedera Hashgraph. This is the first stablecoin in the Hedera Hashgraph. "The launch of the USDC marks an important step in making it easier to develop and launch DeFi applications," the organization...
Miners' wallets have accumulated the greatest amount of ETH
Ether (ETH) mining pools have been cutting cryptocurrency sales over the past few months. If in August the largest amount of ETH was stored in the wallets of Ethereum miners since May 2017, now this figure has reached its maximum since June 2016. In a report from analysts at Santiment, the pools...
Bitcoin retreats as part of the correction
On the eve of Bitcoin (BTC), short-term soared in the price above $ 62,000. However, on Monday evening, the coin again went down. The correction returned to the market. It was inevitable, as the situation escalated to the limit on the eve of the launch of Bitcoin ETF futures. As a reminder, this...
UK Central Bank advocates crypto regulation
The head of the Bank of England, Andrew Bailey, has repeatedly stated that he has a negative attitude towards Bitcoin. In his opinion, cryptocurrency has no value. Its value is growing only because more and more people are investing in it. Each BTC holder should remember that, at any time, he can...
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.
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