Cryptocurrency News

Tesla CEO Elon Musk talked about cryptocurrencies another time. He shared his opinion on Bitcoin, Ethereum, and Dogecoin, mentioning the advantages of the last one. Particularly, commenting on crypto and Dogecoin Youtuber Matt Wallace's tweet about Dogecoin update, Musk wrote BTC and Ether...

Bitcoin (BTC) on Friday, July 9, is trading in the region of $ 33,000. Almost all altcoins are also losing today. Cryptocurrencies are retreating amid strong pressure from the Chinese authorities. In the middle of this week, the People’s Bank of China once again called BTC and other coins...

Financial services company Square restated the plans of launching its BTC hardware wallet. The director of hardware engineering at the firm, Jesse Dorogusker posted a series of tweets on July 8. He wrote the Square team intends to develop a hardware wallet to expand BTC adoption. People can ask...

Crypto exchanges serving Indian traders see no reason to panic despite the dominance of bearish sentiment in the market. As Business Insider India clarifies, local trading platforms, on the contrary, are actively developing infrastructure for transactions with digital currencies. The exchanges were...

The Central Bank of Jamaica announced its intention to begin testing its digital currency (CBDC) in August 2021. The list of countries ready to launch a token, if necessary, is constantly growing. New Zealand may be replenishing it soon. The central bank plans in the coming months to analyze the...

Many states are interested in the activities of the Binance cryptocurrency exchange. For example, British banks began to impose restrictions on the withdrawal of funds to Binance against the background of increased government control over the trading floor. Regulators from Canada, Japan, and...

Decentralized exchange ShibaSwap, launched on July 6, has scored $1.5 B total value locked (TVL) within 48 hours. The DEX comes from the Ethereum-based meme token Shiba Inu (SHIB). ShibaSwap also presented a yield farming option that enables users to stake tokens and get rewards. So, by adding...

Back in March 2021, the Central Bank of Jamaica promised to begin testing its digital currency (CBDC) in May. The tests should be completed by the end of this year, the regulator emphasized. This week, the Bank of Japan announced that testing of the digital currency will begin in August. The head...

Tech company Meitu reported about the results of its Bitcoin and Ethereum investments. As mentioned, Meitu has lost around $17.3 M, having invested in BTC. On the other, Ether investment has brought the company a profit of $14.7 M. Launched in 2008, Meitu builds mobile video and photography...

The largest altcoin ether (ETH) is moderately gaining in value this week. On the night of Thursday, July 8, the cryptocurrency rose to $ 2350. In 24 hours, the capitalization of ETH increased by 3% to $ 274.374 billion. Network activity grew slightly, but the number of transactions on Ethereum, on...

Bitcoin's attempts to go up $35.000 failed. The price of the coin has lost around 6.5% in the previous 24 hours and now stands at about $32.500. Bitcoin market dominance index is 44.2% The total crypto market cap is $ 100 B down from yesterday. It stands at $1.38...

By 2026, at least three Fortune 500 companies will use the Cardano cryptocurrency (ADA), and 50 banks will partner with the Cardano Foundation. This was told by the head of the non-profit organization Frederick Gregaard. According to Gregaard’s presentation, as part of its short-term development...

Earlier this week, it became known that a large British bank, Barclays, prohibited its clients from sending funds to the Binance cryptocurrency exchange. The financial giant said this decision was prompted by its desire to protect investors from fraudsters. The administration of the Binance...

Major crypto exchange Binance has shared the news of expanding its compliance team amid regulatory issues. Binance's new Director of Compliance is Jonathan Farnell. The exchange aims to develop the scope of its regulatory product, among them regulated e-money and crypto-asset services. Farnell...

Crypto financial operations enterprise BlockFi issued its BTC returns credit card. The initiative of the card was first mentioned at the end of 2020. At that time, the waiting list was opened. Currently, the process of approving customers from the list has begun. BlockFi's card offers users to...

The Bybit cryptocurrency exchange will require corporate clients and individuals to undergo KYC procedures to withdraw bitcoins. According to the information on the website, the measure was implemented to “increase security requirements for all traders.” Companies are required to provide a list...

Major investment bank Goldman Sachs stated in a note to customers that the blockchain offering the most options for real use is Ethereum. The institution suggests Ether may grow into the leading digital store of value. Goldman assumes that Ether's entire market cap could get ahead of BTC in the...

Ethereum developer Tim Beiko initiated a proposal to activate the London hard fork on the main network of the second-largest cryptocurrency by capitalization on block # 12965000, expected on August 4. Co-founder of the EthHub research platform Anthony Sassano emphasized that the final decision...