Cryptocurrency News

On September 13, MicroStrategy CEO Michael Saylor revealed that the firm added 5050 more Bitcoins to its holdings. The deal was done for around $242.9 M in cash with an average BTC price of $48.099. MicroStrategy has purchased an additional 5,050 bitcoins for ~$242.9 million in cash at an average...

Even though today, on September 13, many digital assets showed a noticeable price drop, few could have assumed that the same fate awaited the Carnado project cryptocurrency - ADA. The news of the successful completion of the update, dubbed "Alonzo", caused many positive forecasts for the...

On September 14, the chairman of the US Securities and Exchange Commission, Gary Gensler stated his opinion related to the crypto sphere before a Senate committee. According to him, major crypto exchanges should register as securities exchanges. The Senate Banking Committee issued Gensler's...

A recent poll by analytics platform YouGov found that nearly 30% of respondents support the government's desire to recognize BTC as legal tender. It is worth noting that the largest percentage of supporters of the innovation falls on the Democrats. Republicans, in turn, continue to have a negative...

As data from Etherscan show the processing power of the Ethereum network reached a new all-time high on September 12, hitting 715.4 terahash/second. The highest mining difficulty of the network was 9,056.548 TH on Sunday. The indicator started to go up in late June. On May 21, China State Council...

The NFT-project Trippy Bunny, operating based on the Solana platform, donates 100% of its income to the American Suicide Prevention Foundation. As of today, the site for the sale of non-financial tokens has donated over $ 220,000 to charity. The statement, in which the developers of Trippy Bunny...

European hedge fund manager Brevan Howard hired CMT Digital CEO Colleen Sullivan to manage private and venture investments in cryptocurrencies. In 2017, she co-founded Chicago-based CMT Digital, a division of investment manager firm CMT Group. The parent company, founded in 1997, started activities...

Anthony Pompliano, the co-founder of venture capital firm Morgan Creek Digital, admitted that the non-fungible token (NFT) sector is going to be much larger than he expected. He noted the rise in popularity of NFT, pointing out that token sales hit a record high in the second quarter of 2021....

The Bank for International Settlements (BIS) management supports central banks' plans to create national digital currencies (CBDCs). Back in June, this financial institution published a report stating that the appearance of the token would accelerate the modernization of the entire payment...

Bancoagrícola, one of the largest banking institutions in El Salvador, will provide a service for processing bitcoin transactions. Recall that in this Latin American country a law came into force this week recognizing bitcoin as a legal tender. Bancoagrícola’s management is going to partner...

Ether (ETH) is gradually recovering its position after a strong fall in the middle of this week. On Friday, September 10, the altcoin price is approaching $ 3,500. ETH capitalization in seven days decreased by almost 10% to $ 402.501 billion. In a review by the Santiment team, the largest Ethereum...

Ohio resident Michael Ackerman, who led the company Q3 Trading Club, confessed to a crypto fraud of $30 million, according to the US Department of Justice. According to the indictment, since 2017, Ackerman has raised funds for his trading company. He claimed that the algorithm he developed would...

Major financial services provider MasterCard acquired crypto risk intelligence firm CipherTrace. The startup creates tools via which companies and government officials can find out illegal crypto transactions. The amount for the purchase hasn’t been unveiled. New on the Blog! "Mastercard...

The deadline for deciding on VanEck's application for the launch of the bitcoin-ETF exchange-traded crypto fund has been shifted to November 14. The corresponding statement was published in the middle of the week by the press service of the US SEC. The regulator did not voice any additional...

Ukraine became the latest country to legalize and regulate cryptocurrencies by providing official clarity of the industry. 276 lawmakers voted in favor of the bill and 6 against it. The bill was presented in 2020. After getting the approval of the parliament, it needs to be signed by President...

The leader of the Cardano development team, Charles Hoskinson, believes El Salvador has launched the process of mass adoption of bitcoin around the world. Following this Latin American state, other countries will follow suit. The legalization of BTC strengthens the position of those experts and...

Experts were able to find the reason why the BTC fell below $ 50,000 after analyzing the rate of the most popular assets among investors. Thus, financial market experts concluded that the fall in the value of the leading digital asset is associated with the strengthening of gold and the US dollar....

Online broker Robinhood has launched a service that automates investments in digital assets at regular intervals. Possible options include a day, a week, once every two weeks, and a month. The service cost is $ 1. Until the end of September, it will become available to all users, except for...