Cryptocurrency News

The leadership of the SEC wants to receive additional powers to control the situation in the cryptocurrency market. The position of the regulator was expressed by its head, Gary Gensler. He sent a letter to Senator Elizabeth Warren, who is known as a supporter of the early implementation of...

The famous Turkish football club Fenerbahçe SK has announced the release of a virtual token for its fans. Based on the official statement, in this way, the club's management wants not only to get closer to their fans but also to significantly increase their profits. It is known that the release of...

Over the past few weeks, a large number of representatives of the crypto industry have spoken out on the bipartisan infrastructure law. After its adoption by the US Senate, new, more stringent requirements for cryptocurrency companies and their reporting came into force. The famous investor,...

Blockchain company Helium announced the completion of a funding round, within which it managed to sell tokens worth $ 111 million. It is known that the project management intends to use the raised funds to develop its decentralized 5G network. From the official announcement of Helium, it appears...

Bloomberg strategist Mike McGlone is known for predicting Bitcoin will hit $ 20,000 again in December 2020. Moreover, the same analyst predicted further growth in BTC and was right. The day before on Twitter, McGlone recalled that in annual terms, the strengthening of the bitcoin rate was 54%,...

Leading crypto exchange Coinbase published a shareholder letter on August 10 reporting the results of the second quarter, 2021. The numbers are higher than estimates made by analysts. As Coinbase announced, the interval was strong with progress and diversification. The firm's net profit was $1.6 B...

An investigation by the Italian tax police, together with the South Tyrol provincial prosecutor's office, found that 14 people associated with the OneCoin pyramid were accused of aggravated fraud. The investigation established that three brothers from South Tyrol, living abroad, together with the...

Israel National Intelligence agency Mossad recently posted a list of current vacancies on its official website. In the list of specialists that the department needs was also a "cryptocurrency expert" with at least three years of experience in the field of financial technologies. Based on...

One of the largest cinema operators in the world, AMC Entertainment aims to enable payments in Bitcoin for tickets by 2022. The company’s chairman and CEO, Adam Aron disclosed the news during the conference related to the company's Q2 results. He said that the chain aims to have a framework to...

Over the past five days, the value of Bitcoin (BTC) has increased by more than 10%. Monthly, the price of the cryptocurrency jumped 32%. However, BTC is still far from the peak values ​​recorded in April. Recall that in mid-spring, the bitcoin rate exceeded $ 64,000. On the night of Tuesday,...

Increasing by around 18% over the previous 7 days, Bitcoin's price surpassed $46.500 for the first time since the May market crash. At the moment, the price stands at over $45.400 with a market cap of about $853.7 billion. Ethereum price has surged too. On August 7, it surpassed $3000. Today it...

Based on official statistics, over the past six months of 2021, the amount of venture capital investments in digital assets exceeded the figure for all previous years combined. Despite this unconditional fact, it cannot be denied that the crypto industry experienced a lot of volatility earlier this...

In July 2021, there was a weakening in the activity of users of decentralized cryptocurrency exchanges (DEX). Trading volume fell to $ 56.47 billion last month. Analysts have found that trader activity has been declining over the past few months. UniSwap, deployed on Ethereum, still tops the list...

The exchange-traded fund BITH11, which is managed by Hashdex, has announced its intention to invest part of its assets in green technologies and so-called carbon credits. Thus, the company's management wants to create the country's first purely green ETF. For example, Hashdex wants to start the...

The founder of the famous art organization Jumbish, Shankar Mridha, said that his company is going to soon join the NFT market and start selling art collectibles, which are securities and tokens. According to reports, the uniqueness of this event will be the moment that the Jumbish NFT Marketplace...

On August 5, Ethereum London hard fork was launched, changing the way miners get rewards. The network's new fee-burning mechanism, called Ethereum Improvement Proposal (EIP-1559) has removed around $49 M in Ether from circulation. EIP 1559 came to replace Ethereum's previous fee-calculation...

Brian Brooks, a former U.S. Acting Comptroller of the Currency who started his service as the CEO of Binance US in early May, revealed leaving the position. The executive disclosed the news on Twitter on August 6, saying that in spite of differences over strategic approaches, he wishes the company...

The US Senate is discussing a crypto provision put forward by Rob Portman, Mark Warner and Kyrsten Sinema. That suggests increasing requirements for crypto brokerage reports to the IRS and filing for transactions on certain kinds of digital assets. The provision was narrowed down later, however,...