Cryptocurrency News

Germany makes a move towards crypto adoption. The country enables funds aimed at institutional investors to put up to 20% of their capital in various digital assets. However, managers should adopt a cautious approach taking into account that the asset class is ultra-volatile. The option will be...

Virginia-based publicly traded enterprise intelligence software firm MicroStrategy reported the results of Q2, 2021 on July 29. As stated in the report, on June 30, 2021, the value of MicroStrategy's digital assets was over $2 B. The company now owns around 105,085 bitcoins. This indicates a $689.6...

In the middle of this week, Bitcoin (BTC) for the first time since the end of May 2021 jumped in a price above $ 40,700. Then the coin retreated slightly on the night of Thursday, July 29. There is a strong correlation between the price of cryptocurrency and network activity. As soon as bitcoin...

In the spring of 2021, transactions with Visa crypto cards accounted for a significant part of the transaction volume of the payment system, but the excitement around digital assets is starting to weaken. The CFO of the company Vasant Prabhu spoke about this. According to the report for the III...

The hashrate of Bitcoin which fell significantly after the China mining crackdown, started to recover, going up by around 15%. Hashrate indicates the amount of computing power used in a second for BTC mining. The seven-day moving average of BTC hash rate reached 100 exahashes per second (EH/s)...

Dash Core Group developers have launched DashDirect consumer payment application, which allows using DASH cryptocurrency to pay for goods and services of merchants in the United States. The application was developed jointly by the fintech company CrayPay and the Dash Core Group. The project was...

Popular trading broker Robinhood will be listed on Nasdaq today (July 29). However, before the listing itself, the company holds an Initial Public Offering (IPO) that allows earlier investments to the company's stock. This means all interested companies and individuals can invest in stocks....

American mining company Stronghold Digital Mining with a focus on the use of green energy expects to raise $ 105 million following an IPO on the Nasdaq. The shares can be listed under the SDIG ticker. Stronghold Digital Mining converts waste coal into energy used to mine Bitcoin. The regulator of...

The Securities and Exchange Commission (SEC) has not yet approved a single application for the launch of exchange-traded crypto funds Bitcoin ETF. The American regulator periodically postpones the publication of its decision on such applications and states that it needs additional time to assess...

In Pennsylvania, the regulator is developing a bill that would regulate the activities of the working group on cryptography. Its creation, by the way, was due to the opportunity to study the impact of digital assets on the infrastructure and economy of the state. There are high expectations for the...

Crypto trading operations provider Robinhood may present a feature that protects users from crypto price ups and downs. As mentioned in a report published by Bloomberg on July 27, iOS developer Steve Moser carried out an analysis of a new code running in a final product test of the Robinhood iPhone...

Senator Elizabeth Warren is known for periodically demanding that the US government tighten control over the cryptocurrency industry. She recently called Bitcoin a "lousy investment" and called on the authorities to destroy the digital currency. It became known this week that Elizabeth...

Popular fast food restaurant chain Burger King's Brazilian branch now introduces the option of buying doggie food called Dogpper with Dogecoin. The offer has begun to function since July 26 as the company's website informs. Users will need to look into the delivery availability for their location....

The Independent Reserve platform surveyed Internet users in Singapore and found that more than 40% of them have already invested in digital currencies. 43% of respondents said they already hold bitcoin and other coins. 46% of survey participants are preparing to invest in such assets over the next...

The Chinese government continues to increase pressure on cryptocurrency companies. Thus, the authorities want to protect their citizens from the risk associated with investing in digital assets. Renowned crypto advocate Bobby Lee has spoken out about the tightening of new money regulations. The man...

At the moment, Kazakhstan is on the list of countries with the highest share of bitcoin hashrate. The authorities of this state have previously repeatedly stated their readiness to create conditions for the operation of a cryptocurrency business with enormous potential. At the beginning of this...

American electric car producer Tesla presented a report on the results of the second quarter of 2021. The paper indicates new highs with a net income of $1.14 B. The firm also stated a Bitcoin-caused impairment loss of $23 million as at the time of purchase the price of the coin was higher than...

Soon, India will be able to become one of the first states to introduce blockchain into e-government in higher education. So, the authorities of Maharashtra have officially announced the conclusion of a partnership with the blockchain company LegitDoc. Officials want to leverage Ethereum's...