Cryptocurrency News

Shiba Inu (SHIB) has seen a price increase of over 54% in the last 24 hours, which reached $0.00001409. In terms of a week, the token has gone up by over 100%. On October 4, Tesla CEO Elon Musk shared a pic of his dog on Twitter, writing just “Floki Frunkpuppy” Floki Frunkpuppy...

Prices of cryptocurrencies started to recover. In the last 24 hours, Bitcoin's price has gone up by over 5.4% surpassing $50.000 for the first time in a month. The coin's market dominance index is 43.10%. Ethereum's price went up by 3.36% in terms of a day. The total market cap of crypto increased...

In the last 7 days, the native token of the Tezos blockchain, XTZ saw a price increase of over 36% and reached a new all-time high of $9.18. The token ranks 24th with a market cap of over $7.5 billion. Recently, Tezos's popularity has been growing among developers. On September 8, famous American...

Edward Snowden, who previously worked for the U.S. National Security Agency as an IT expert, finds that Bitcoin only got stronger after the ban from China. On October 4, Snowden shared his opinion via a tweet. In May 2020, when China announced that trading crypto is illegal in the country, he wrote...

The native token of the crypto gaming platform, Axie Infinity hit another all-time high, surpassing $155 today. Over the last 7 days, the price of the token went up by over 133%. Currently, it's the 20th largest cryptocurrency with a market cap of over $9.1 million. The project's valuation hit $30...

Unknown hackers have attacked about six thousand user accounts of the Coinbase crypto exchange. They exploited the vulnerability to bypass two-factor authentication using SMS. This week, the exchange sent affected customers letters informing them that cybercriminals hacked accounts and stole crypto...

Galaxy Digital CEO Mike Novogratz mentioned that investors do not need to fear the fall in the value of bitcoin. The main value of a cryptocurrency lies in its technology. We see the expansion of a qualitatively new ecosystem that is not subject to any state. Novogratz made similar statements...

On October 1, Jake Cherwinski announced that he had resigned from his position as General Counsel for Compound Labs. He held this post for two and a half years. 1/ Some personal news: after 2.5 amazing years, yesterday was my last day at @compoundfinance ❤️It's been a genuine honor helping...

AXS, the native token of the crypto gaming platform Axie Infinity reached a new all-time high of $119.92. In the last 7 days, the token went up by around 75.45%, and in the last 24 hours, the price growth was over 50%. There are several reasons for the surge. On September 30, the Axie team...

Visa has shown an increased interest in the blockchain industry over the past few years. In winter, it became known about the plans of the payment system to launch support for digital currencies. As RBC clarifies, now the company wants to develop a network based on Ethereum for converting tokens,...

Popular service TikTok announced the release of NFTs with the participation of famous content authors. The Top Moments collection will include six “culturally significant TikTok videos” from Lil Nas X, Bella Poarch, Rudy Willingham, Curtis Roach, Gary Weinerchuk, Brittany Brosky, and more. They...

Fed chair Jerome Powel said that the bank has no plans to prohibit crypto activities like China. Congressman Ted Budd raised the question in terms of a hearing of the House Committee on Financial Services, asking if Fed Plans include banning or limiting the use of crypto. Previously, in July,...

One after another, cryptocurrency exchanges are announcing a gradual withdrawal from the Chinese market. At the end of last week, platforms Huobi and Binance announced the termination of registration of new users from China. After that, lesser-known trading platforms issued similar statements about...

Iranian authorities will enable licensed crypto miners to restart activities after a temporary ban announced by ex-president Hassan Rouhani on May 26, 2021, local media informs. Iran halted crypto mining due to extreme heat (around 120° F or 49° C), which caused power interruptions and a lack of...

On the last day of September, the largest altcoin ether (ETH) was trading mostly in the red. The coin tried to jump above $ 3000 but did not hold the position, after which the pullback resumed. On the night of Friday, October 1, the ETH rate dipped to $ 2990. Cryptocurrency capitalization is now...

When Gary Gensler took over as head of the SEC, many expected him to legalize Bitcoin ETFs. However, until now, the American regulator under the leadership of Gensler has not approved a product focused on the cryptosphere.   Analysts note that the slowness of the SEC is preventing institutional...

In mid-September, Arcane Research reported that the number of bitcoins placed on crypto exchanges had dropped to a three-year low. The last time a similar situation was observed was in August 2018. Long-term BTC holders refuse to sell cryptocurrencies even as they drop in value. According to...

The United States Internal Revenue Service Commissioner De Lone Harrison said the IRS is still discussing the possibility of introducing new reforms to the taxation of crypto income. The state department proposes to apply new rules, approaches, and procedures for collecting taxes to a business that...