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Latest Blockchain and Crypto News



McAfee has no crypto holdings

Imprisoned John McAfee Says His Crypto Capital Is Gone

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English-American computer programmer and entrepreneur John McAfee announced via Tweet that although the US believes he has hidden some crypto, his all crypto capital is gone. McAfee said he would like to have crypto but his holdings have dissolved by Team McAfee and the remained amount was seized....

South Korea

South Korean exchanges suspend trading in some cryptos

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Due to pressure from the authorities, South Korean crypto exchanges began to exclude some digital currencies from the listing. First of all, this refers to the tokens that pose the greatest risk for investors, according to the news agency Arirang. Reporters found out that the Upbit exchange decided...

Ethereum

Ethereum fees fell by almost 90% in a month

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The largest altcoin ether (ETH) is trading at $ 2,528 in the middle of this week. The coin has been stagnating since the beginning of June. But fees for processing transactions on the Ethereum network in monthly terms fell by almost 90%. If in mid-May the average commission was $ 45, now it does...

Michael Saylor

MicroStrategy CEO spoke about the future of cryptocurrencies

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MicroStrategy CEO Michael Saylor described the role of cryptocurrencies in the digital future world and explained the company's business strategy. Answering the question of why the developer of analytical software for business continues to buy bitcoin, he noted that this has become one of the...

NFT

NFT sales decreased 20 times in June

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Over the past 30 days, sales of non-fungible tokens (NFT) have decreased by about 20 times. According to data from analytical service Nonfungible. On May 9, NFT's sales reached $ 176 million per day, and by June 15, the figure was reduced to $ 8.7 million. “Every time any trend rises rapidly,...

CoinPro listings

Coinbase Pro Starts Trading of SHIB, KEEP, and CHZ

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US-based leading platform for crypto operations, Coinbase Pro informed about listing three new tokens: Shiba Inu (SHIB), Keep Network (KEEP), and Chiliz (CHZ). As stated in the publication, the tokens will be allowed in Coinbase's supported jurisdictions besides Singapore. KEEP and CHZ won't be...

Mining

The difficulty of mining bitcoin fell by 5%

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Against the backdrop of repressions against Chinese miners, the bitcoin hash rate began to decline rapidly last week. Today this figure is around 110 exaches per second (EH/s). On June 10, the hash rate exceeded 140 EH / s, and a day later it fell below 100 EH/s. Only today the computing power has...

Tim Draper

Draper predicts bitcoin will reach $250,000 by early 2023

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Billionaire Tim Draper has previously stated repeatedly that Bitcoin is focused on growth in the long term. For example, last summer, the financier confirmed his position and added that the authorities of Western countries themselves will provoke the strengthening of BTC. The United States and...

Italy

Italy stated the need to implement crypto regulation

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More and more countries are declaring the need to implement cryptocurrency regulation. This week with the same statement was made by the National Commission on Joint Stock Companies and Exchanges of Italy. The chairman of this department, Paolo Savona, stressed that if the state cannot establish...

Coinbase

Coinbase hires former SEC official

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A former employee of the US Securities and Exchange Commission (SEC) Christian Sabella joined the Bitcoin exchange Coinbase. This was announced by the chief lawyer of the company Paul Grewal. According to the agency's website, Sabella has been with the agency since 2011. Before that, he served as...

Bitcoin over $40.000

BTC Surpassed $40.000, Paul Tudor Jones Praises the Coin

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For the first time, this month Bitcoin's price surpassed $40.000. The raise happened on June 14. Currently, the coin trades at over $40.200 with a market cap of around $834.7 Billion. Several factors had an impact on the price growth. Tesla CEO Elon Musk announced the company will start accepting...

Taproot

Bitcoin miners have met the conditions to activate Taproot

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Bitcoin miners have met the conditions for activating the Taproot update. The soft fork will take place around mid-November 2021 at block # 709632, said developer Peter Welle. The developers have implemented the Speed Trial update activation method in the Bitcoin Core release in May. The mechanism...

Meme coins

Thai authorities banned exchanges from trading meme tokens

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The most famous meme cryptocurrency is Dogecoin (DOGE). This coin is periodically praised by Tesla CEO Elon Musk. However, other joke tokens are available on crypto exchanges. Among them, for example, Piscoin and CumRocket stand out. Thailand's Securities and Exchange Commission has banned all...

Argentina

CB of Argentina suspects crypto companies in shadow operations

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The central bank of Argentina has suspected several crypto companies of illegal financial transactions. The regulator said in a statement about the beginning of an investigation into the activities of nine companies, which were allegedly engaged in mediation between investors. They transferred fiat...

Netherlands crypto

The Netherlands' Finance Minister Is Against the Crypto Ban

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Lately, Dutch official Pieter Hasekamp issued an article “The Netherlands must ban Bitcoin", where he said that crypto crumple is unavoidable and urged the authorities to forbid crypto sooner. Answering this, Finance Minister Wopke Hoekstra said he doesn't agree with an entire crypto ban....

Tanzania

Tanzania is also ready to legalize Bitcoin

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Last week, the El Salvadorian government passed a bill to legalize bitcoin for the first time in the world. This event supported the market and strengthened the position of BTC. Today it became known that another country may recognize bitcoin and other digital currencies as legal means of payment....

Tesla Bitcoin

Tesla Will Restart Accepting BTC After Mining Improvements

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In a recent Tweet, Tesla CEO Elon Musk said the company will allow Bitcoin payments again when the mining of the coin becomes more environmentally friendly and uses approximately 50% renewable energy. Following Musk's announcement that Tesla no longer accepts BTC payments in May, a lot of people...

Bitcoin

Traders bet on Bitcoin dash up to $200,000

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After the parliament of El Salvador supported the presidential bill to legalize bitcoin, the cryptocurrency was able to strengthen slightly. On some trading floors, in the middle of the week, the BTC rate exceeded $ 38,000. However, a correction returned to the market over the weekend, as a result...

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