Cryptocurrency News

Funds focused on digital currencies Cardano (ADA) and Solana (SOL) were the most attractive to institutional investors over the past week. These coins have added over 30% in value over the past seven days. A report from CoinShares says that institutions are positive about the near-term prospects...

More and more institutional investors from around the world are interested in digital currencies. The hedge fund Nickel Digital surveyed British financial managers and found that about half of them expect further growth in the value of bitcoin and other virtual coins. The same respondents told the...

Grayscale, a digital asset management company, continues to ramp up investments in bitcoin, ether, and other major cryptocurrencies. Funds for such instruments go through specialized trusts. The giant's latest statement on Twitter notes that as of August 24, its cryptocurrency trusts have...

Back in May, the Iranian government announced a mining ban until September 2021. The decision was made due to the threat of an energy crisis in the Islamic Republic. Due to the high activity of miners, the load on the power grids has increased dramatically, which has created threats to the power...

Michael Saylor, CEO of the enterprise analytics and software solutions entity MicroStrategy revealed another Bitcoin purchase today. The company acquired 3.907 coins for $177 M paying $45,294 per BTC on average. Thus, MicroStrategy's Bitcoin holdings reached 108,992 units with an average price of...

Last week, the Ministry of Finance of El Salvador said that the legalization of bitcoin does not mean that the use of cryptocurrency will have to be compulsory. Each citizen will decide whether he should keep BTC or use it as a payment instrument. Now the President of El Salvador Nayib Bukele has...

The private altcoin Monero (XMR) has been rising in price since mid-August. Over the past 24 hours, the rate of the cryptocurrency has increased by another 16%. The capitalization of XMR on Monday, August 23, reached $ 5.9 billion. The coin climbed to 28th place in the ranking of the largest...

The popular publishing platform Substack announced that since August 23, it began accepting payments in the BTC. As of now, Substack has about 500 thousand paid subscribers from all over the world. However, for now, it will be possible to purchase a subscription for bitcoins only for those...

A recently released report from analysts from Trend Micro said that there are about 120 cryptocurrency apps that are currently available for download from the Play Store. Experts noted that some of them have installed more than 100 thousand users on their gadgets. The document says that most of the...

According to the official statement of the popular payment system PayPal, it will soon launch a new crypto service. It is noted that not all PayPal customers will be able to access digital asset trading. To use the new services, you will need to have the status of a British citizen and a verified...

Over the last 24 hours, the total crypto market cap has increased by around 2.7%, surpassing $2.17 trillion. Bitcoin surpassed $50.000 for the first time since May. Ethereum has surged over $3.362. The native token of the Cardano blockchain, ADA has come near to $3. Today, the coin reached a new...

On Monday, August 23, the first cryptocurrency surpassed the $ 50,000 level for the first time since falling in May. Over the past 24 hours, the coin has risen in price by 2.1%, over the week - by 6.6%. Bitcoin capitalization - $ 942.9 billion Open interest in the bitcoin futures market has reached...

The US SEC announced court decisions against two representatives of the Bitconnect crypto lending platform, which it considers to be a $ 2 billion unregistered securities offering scheme. In May 2021, the regulator indicted four alleged Bitconnect promoters, Trevon Brown, Craig Grant, Ryan Maasen,...

Brian Quintenz, known for his friendly attitude to cryptocurrencies, announced his resignation from the post of CFTC. Quintenz's term expired back in April 2020, when he committed to resigning by October. At the same time, the law allowed him to work in the CFTC until the end of 2021. “Without a...

The US-based investment manager AdvisorShares filed with the SEC to release a Bitcoin ETF. As noted in the submitted papers, the fund plans to invest all or most part of its holdings in exchange-traded futures contracts on BTC and collateral. In case of approval, AdvisorShares plans to invest in...

Crypto and blockchain market data provider Santiment announced that the unique amount of addresses interacting on the LINK network has reached a 3-month high. On August 20, the number of unique addresses was 8025. 📈 #Chainlink jumped back to as high as $28.70 Friday, rebounding toward its recent...

Binance, the leading cryptocurrency platform, has decided to launch a mandatory verification procedure for all of its users. The administration of the trading floor published the corresponding statement this morning. The blog clarified that this procedure is going to affect, first of all, new...

The CEO of the popular crypto trading platform Coinbase, Brian Armstrong informed about the board decision to add $500 M in crypto to the company's balance sheet. Also, the firm plans to invest 10% of the entire profit in crypto with the possibility to expand the amount. We recently received board...