Latest Blockchain and Crypto News
Tron (TRX) and BitTorrent (BTT) Surge Coming to the Top 25
Blockchain-based decentralized platform Tron's tokens TRX and BTT are among the best performing cryptocurrencies of the week. The price of Tron's native token TRX went up by over 102%, surpassing $0.1. At the moment the token ranks 16th with a market cap of over $9.4 Billion. Tron network adopted...
MicroStrategy Invested Another $15 M in BTC
Another time, business analytics platform Microstrategy invested $15 million in Bitcoin by acquiring 253 coins. The company announced the news via a blog post on April 5. Thus, the total sum of the firm in BTC surpassed $5.4 B. Michael Saylor, the CEO of MicroStrategy wrote on Twitter that the...
Average NFT price has fallen threefold from peak in February
The average price of non-fungible tokens (NFT) is down 67% from its February peak. Such dynamics may indicate a decline in the NFT mania. Chris Wilmer, an academic at the University of Pittsburgh and co-editor of the blockchain research journal, told the publication that the technology of...
Trading volume on decentralized exchanges fell 8% in March
March turned out to be a less successful month for decentralized cryptocurrency exchanges (DEX) compared to February. Over the past 30 days, the number of transactions on such trading floors amounted to $ 67.32 billion. Compared to the previous month, the trading volumes fell by about 8.12%. The...
Bank of Japan launches phase I digital yen test
The Bank of Japan announced the start of the first stage of testing the national digital currency. At the end of last year, it became known that Japanese banks will take part in testing the CBDC. During the first stage of testing the token, the regulator will assess the possibilities of CBDC as a...
GrayScale Intends to Change Its BTC Trust Into an ETF
Leading digital currency asset manager on the global scale, Grayscale announced its plans to turn the BTC Trust (GBTC) into an ETF. The asset manager filed a paper with the US SEC. Grayscale requested an ETF authorization back in 2016 but took back the request because of regulatory issues....
Bitcoin dominance index plunges to a seven-month low
Against the background of the stagnation of bitcoin (BTC), the rest of the cryptocurrencies are confidently strengthening their positions. The BTC dominance index is now at its lowest level in seven months. This indicator fell to 55.9% in early April. The price of bitcoin on Monday, April 5, fell...
Fei Labs Raised Around $1.3 B for Its Stablecoin
On April 3, the Genesis event of the FEI Protocol took place due to which the network raised over 639,000 Ether - around $1.3 B for its algorithmic stablecoin Fei. More specifically, collected capital will be managed as collateral for minting stablecoins. 639K $ETH committed and $1.3B $FEI...
XRP Surges, Breaking Its Highest Weekly Close Since May 2018
Saturday, April 4, the price of XRP, the cryptocurrency created by Ripple Labs, reached $0.62. This is the first time since May 2018 that the token closes the week with a new high. At the moment XRP trades at above $0.7 ranking the 7th by market cap. This shows that now the token's price is more...
Ethereum price renews maximum at $2146
On the night of Saturday, April 3, the rate of the second-largest cryptocurrency by capitalization Ethereum reached $2,146, having renewed its all-time high. Currently, the digital asset is trading at $2,048. On April 2, the ETH rate tested the $2000 level and later updated the maximum at levels...
Kraken CEO believes crypto companies will soon replace banks
The cryptocurrency industry could deal a devastating blow to the banking market. So says Jesse Powell, head of the Kraken exchange. In his opinion, only those financial structures that will have time to enter the cryptosphere will be able to survive. The rest of the traditional players, and...
Polkadot (DOT) Price Reaches New All Time High
The price of the native token of the Polkadot blockchain protocol DOT has reached a new all time high of $46.85. The token ranks fifth in terms of market cap, which is above $41.3 B. Generally, the majority of altcoins have increased lately. The price of Ether surpassed $2.150. Filecoin reached a...
Tyler Winklevoss Says BTC Left Behind the Risk of US Ban
The Gemini CEO Tyler Winklevoss believes it's unlikely Bitcoin will get banned in the US. First, he expressed this opinion via a tweet on March 27. Later, on April 3 Winklevoss brothers had an interview with Peter McCormack in terms of the "What Bitcoin Did" podcast. Another fun...
Spanish regulator will strict rules for street ads of crypto
The Spanish National Commission for the Securities Market (CNMV) called street advertising of cryptocurrencies "risky" and proposed to tighten the rules for its placement. This was stated by the president of the organization, Rodrigo Buenaventura. According to him, the regulator will hold...
Eth Price Reaches New Highs
The price of Ethereum (ETH), the second largest cryptocurrency by market cap reached a new all time high of $2.150. The previous high of $2.050 was set on February 20. Since then it's the second time Eth has surpassed $2.000. Ethereum is the most popular cryptocurrency investment choice after...
Action figure maker Funko has announced the release of NFT
Nasdaq-listed collectible vinyl figure maker Funko has acquired a majority stake in TokenWave, a non-fungible token (NFT) display, and tracking platform company. Funko said the collaboration will accelerate the company's joining the NFT segment and enable digital assets to be added to the product...
Peter Schiff Made an April 1 Joke About Bitcoin
On April 1, American stockbroker, financial strategist, and radio personality Peter Schiff tweeted about Bitcoin saying he changed his mind about the cryptocurrency. This was great as the businessman is one of the biggest Bitcoin critics and thinks that the coin is a bubble. However, later Schiff...
Coinbase hires former Morgan Stanley executive
Bitcoin exchange Coinbase has hired a former managing executive and head of Morgan Stanley's compliance department Ian Rooney. Rooney will lead the corporate compliance team. He will help the company prepare for a direct listing of shares. Previously, Coinbase invited Brett Redfearn, ex-director of...
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