Latest Blockchain and Crypto News

In the early summer of this year, the El Salvadorian authorities adopted a law recognizing bitcoin as a legal tender in the country. Such a step by the Latin American state drew criticism from both international organizations and the public of El Salvador. During the last week, Moody's expectedly...

Cash App, developed by Jack Dorsey’s financial services company Square, published the results of the second quarter of 2021. The report shows that the company's BTC revenue has risen 200% reaching $2.72 B from $875 M. The gross income of BTC went up to $55 million from $17 million. This means a...

Many countries in the post-Soviet space are considering options for launching a national digital currency (CBDC). Russia, Georgia, and Kazakhstan have already announced their readiness to develop a token pegged to fiat money. Now the National Bank of Ukraine has received the same right. The...

In a few years, we will see cash become part of history and finally be replaced by digital currencies. This point of view was expressed by João Manoel Pinho de Mello, who is the director of the Central Bank of Brazil. People and companies themselves will begin to switch to such forms of payment...

SEC-registered automated investment services and advisory provider Wealthfront informed about expanding its investment options, including two crypto trusts: Grayscale Bitcoin Trust and Grayscale Ethereum Trust. As the firm stated via a blog post published on July 29, its aim was to provide...

Gaining around a 4% price increase over the previous 24 hours, Bitcoin's price reached its 2-month high surpassing $42.000. Over the previous 7 days, the price has gone up by over 23%. The price of Bitcoin started to rise after the massive sell-off in May. Since then BTC was hesitating between...

Wyoming Senator Cynthia Lummis is widely known as a supporter of the cryptocurrency industry. She recently admitted that she managed to take advantage of the market decline and bought bitcoins. Moreover, the senator did not rule out that if soon BTC starts to fall in price again, then she is ready...

One of the largest Colombian banks, Banco de Bogotá, was the first in the country to launch a service for sending funds to a cryptocurrency exchange. The option was launched under the auspices of the country's government. While it is available to clients in test mode. Funds can be sent to the...

Renowned mining corporation Greenidge Generation mentioned it intends to build a solar farm to create a modern, high-tech environment for local businesses and workers. The message says that this idea will be implemented with funds received from the mining of digital assets. Greenidge Generation...

Amid the strengthening of the bitcoin (BTC) exchange rate, network activity has increased sharply this week. Researchers from Arcane Research have previously reported an increase in daily cryptocurrency trading volume. After it exceeded $ 40,700 for the first time since May 2021, the number of...

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...

One of the teachers at St. Mary's University, professor of law Angela Walch appealed to the US Senate with a call to regulate legislation regarding the process of mining digital assets as soon as possible. Walch expressed confidence that to make informed decisions, the government should more...

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....