Latest Blockchain and Crypto News

Bitcoin ends the week below $ 35,000, with the coin trading at $ 33,670 on Saturday. According to some analysts, BTC is unlikely to break through to $ 35,000 in the coming days. Network activity remains weak, which means that no serious movements in the market will take place soon. Data from the...

Digital artist Beeple, the author of the most expensive, $69 M worth NFT "Everydays: The First 5000 Days", has released his own platform. Beeple co-founded with American online music publication Pitchfork founder Ryan Schreiber for the initiative. The market is called WENEW. It presented...

The State Hermitage is in talks with the Binance exchange regarding the issuance of NFTs and the sale of tokenized works of art. This is reported by "Interfax" concerning the statement of the head of the legal department of the museum Marina Tsyguleva. She clarified that all exhibits are...

Data from Glassnode reveals that the BTC blockchain faces the largest decline since its creation. The mining difficulty of the coin went down by around 28% at block 689,471 on July 2. #Bitcoin mining difficulty just saw its largest downward adjustment in history: -28%https://t.co/dREzQkzRBk...

Binance started having problems in many countries. First, it became known about the company’s problems in Canada and the UK. The Japanese Financial Services Agency (FSA) then urged Binance’s management not to hesitate to register to serve local traders. Now control over the activities of the...

Leading digital currency asset manager Grayscale announced adding the native token of the Cardano blockchain ADA to its Digital Large Cap Fund (GDLC). Welcome aboard, #Cardano. We have adjusted the portfolio of Grayscale Digital Large Cap Fund to now include $ADA.— Grayscale (@Grayscale)...

Bitcoin met July at $ 33,500. The coin attempted to break above $ 37,000 at the beginning of the week but failed to break the resistance that sharply increased after breaking the $ 35,000 mark. At the very beginning of the second quarter of 2021, BTC was trading at around $ 58,800. However, by the...

JPMorgan recently published a report, where the CEO Jamie Dimon and two senior analysts shared their views on blockchains, Ethereum upgrades, and staking. They mentioned the importance of running more energy-efficient networks and that the popularity of these types of networks will grow. As...

In early June of this year, the Parliament of El Salvador adopted a bill on the legalization of bitcoin, initiated by the team of the country's President Nayib Bukele. However, international financial organizations represented by the World Bank and the IMF criticized this decision by the...

On July 1, California-based financial services company Robinhood filed for IPO with the US SEC. The news came one day later after being fined $70 M by Wall Street's industry regulator. Despite the fine and lawsuits, the platform has been growing. Currently, it holds over $80 M in assets and the...

On July 1, a law came into effect in Germany, giving the right to investment funds to invest in products focused on the cryptosphere. In theory, more than € 400 billion could be channeled into digital assets. The law allows institutions to channel up to 20% of their capital into innovative...

Data from Glassnode shows that the number of Bitcoin active addresses has dropped by around 60% over the previous six weeks, becoming 758.000 from 1.3 M. This is the lowest indicator since April 2020. Daily transaction volume is also down. It fell below 300.000 for the first time since March 2020....

In a report by analysts from the investment bank JPMorgan, it is said that in the Q2 of 2021, institutional investors began to withdraw from bitcoin en masse. The driver of the change in the tactics of major players was the fall in the value of the largest cryptocurrency in May. At the same time,...

The NFT introducing the original code for the WWW, built by English programmer Tim Berners-Lee in 1989, was sold for $5.4 M. Sotheby's held the process of the online auction, which was completed on June 30. Berners-Lee built the NFT in 2021. It gives ownership of a number of digital pieces from...

Against the background of the tightening of the policy of the Chinese authorities, mining companies are massively migrating to safer jurisdictions. It was this factor that led to a record drop in the bitcoin hash rate to the lowest values since May 2020. That has dropped below 100 exahashes per...

Tokyo-based multinational bank SoftBank has invested $200 M in Brazil's primary crypto exchange Mercado Bitcoin. The capital was attracted in terms of a Series B round. Thus, with the funding of digital asset 2TM Group, which owns the platform, its valuation reached around $2.1 B. 2TM aims to use...

Issues related to crypto regulation are periodically raised in the US Congress. Last Wednesday, the House of Representatives Finance Committee again held a meeting to assess the risks and implications of legalizing digital currencies. This event was attended by representatives of the expert...

Today, July 1, business magnate Elon Musk tweeted about his favorite cryptocurrency Dogecoin, again. Particularly, he wrote, "Release the Doge" as a description of the meme that depicts a photo of the popular movie "Godfather". The changed words of Godfather are "You came...