Latest Blockchain and Crypto News
Ethereum miners will hold a rally against EIP-1559
On April 1, miners on the Ethereum network will pool the hashrate in the Ethermine pool, which opposes the implementation of the EIP-1559 proposal. The promotion will last 51 hours. EIP-1559 aims to replace the existing bid-based fee market with a fixed price and incineration mechanism. The offer...
Messari Says Winklevoss NFT Platform Can Cost up to $1.2 B
Crypto data company Messari issued a report concerning the NFT (not fungible token) marketplace. Research done by the company shows that Gemini-owned platform Nifty Gateway is worth between $774 M to $1.2 B. Winklevoss twins bought the company in November 2019. Messari introduced an extensive...
Israeli Asset Manager Gains 100% Profit from BTC Investment
Israeli press announced that in two months Tel Aviv-based Investment House Altshuler Shaham boosted $100 M by investing into the Grayscale Bitcoin Trust (GBTC). The move came at the end of 2020 when BTC was purchased at about $21.000. Altshuler Shaham is the only establishment in Israel that...
Anxious sentiment about the future of BTC raised on Twitter
Bitcoin has made another leap this week. BTC capitalization exceeded $ 1 trillion for the first time since mid-February. However, among Twitter users, anxiety has increased again. People again began to doubt that Bitcoin would hold above $ 50,000. According to the Santiment team, Twitter activity...
Last Year BTC Atms' Number in the US Increased by 177%
Crypto ATM locations map Coin ATM Radar's insights show that 10.000 new Bitcoin ATMs have been placed since March 1, 2020, on a global scale. Presently, there are 16.835 automated tellers overall. The main part of them, 13.699 machines are placed in the USA. Since March 1, 2020, the number of...
Buterin promises to rise Ethereum performance by 100 times
According to Vitalik Buterin, shortly, his team will be able to significantly increase the bandwidth of Ethereum. The network can be scaled about 100 times, Buterin noted during a conversation with podcaster Tim Ferriss. Back in November last year, Buterin presented the so-called "Rollup...
Bithumb is stepping up its fight against money laundering
The administration of the South Korean cryptocurrency exchange Bithumb has decided to tighten control over investors as part of a plan to combat money laundering. In particular, the trading platform limited the possibilities of accounts that are registered in those jurisdictions where there are...
Ripple Settled the Lawsuit Filed Against YouTube Last Year
The CEO of Ripple Labs Brad Garlinghouse tweeted today to inform the followers about the settlement of the lawsuit with Youtube. Last year, @Ripple and I sued @YouTube for failing to enforce its own policies by allowing fake accounts (impersonating my/Ripple’s verified accounts) to conduct XRP...
JPMorgan Launches "Basket" Product for Cryptocurrencies
Global financial services provider JPMorgan filed an application with the SEC to launch crypto product through public-company stocks. The SEC issued a paper called "Insight Notes Linked to the J.P. Morgan Basket of Companies with Exposure to Cryptocurrency", giving the details of the...
Bitcoin capitalization exceeded $1 trillion again
The capitalization of Bitcoin again exceeded $ 1 trillion. Over the past 24 hours, the value of the cryptocurrency has jumped another 7%. Thus, the capitalization of BTC has exceeded $ 1 trillion for the second time in its history. Recall that for the first time the value of all bitcoins on...
Goldman Sachs starts crypto service due to high client need
The management of the American investment bank Goldman Sachs is going to launch its service for operations with cryptocurrencies due to a sharp increase in customer interest in bitcoin and other assets. Matt McDermott, head of the bank's digital assets division, told reporters about this. Recall...
US officials will start an auction for confiscated crypto
The US government periodically holds auctions to sell confiscated cryptocurrency. It became known yesterday that a similar event will take place again next week. Federal officials will try to sell 0.7501 bitcoin. The lot size is scanty compared to previous auctions. However, the organizers of the...
Canadian regulator approved the launch of third BTC-ETF fund
The third Bitcoin ETF will be launched in Canada this week. The output will be available to investors on the Toronto Stock Exchange tonight, under the ticker BTCX. The SEC has allowed a Bitcoin ETF initiated by CI Global Asset Managemen. Recall that in February, two bitcoin-oriented crypto funds...
The traffic of crypto exchanges rose to the max in February
February 2021 turned out to be a good month for cryptocurrency exchanges. The Block Research team found that marketplace website visits rose to a new high last month. Besides, in February, crypto exchanges registered more than 400 million new users, according to a study by experts. The number of...
PayPal Officially Announced Buying Curv
Payment operations provider PayPal acquired crypto custody business Curv. The sum of the deal is unknown. Curv is an Israeli-based firm founded in 2018. It exploits a cloud-powered service that allows customers to reach their crypto wallets not using any hardware device. In the paper, published on...
Fast Food Chain Taco Bell Launched NFTs
On March 7, American fast food company Taco Bell announced the launching of Taco-designed algorithmic collectibles on the platform Rarible. Soon after the launch, NFTs got sold out. Our Spicy Potato Soft Tacos can now live in your hearts, stomachs and digital wallets. https://t.co/IC8b45lmd9...
The cap of Tether has broken another record, exceeding $36B
Stablecoin Tether (USDT), despite its many problems, still leads the ranking of fiat-backed tokens. The day before, the capitalization of this digital asset exceeded $ 36 billion. The growth in USDT supply suggests that the Tether issuer is preparing for the next phase of capital entry into the...
The correlation between ADA and BTC was negative in February
Altcoin Cardano (ADA) was able to show a different trajectory in the market from Bitcoin in February. According to Skew, the correlation between the two cryptocurrencies has been negative for the past 30 days. The researchers emphasized that the lack of dependence of altcoins on BTC is extremely...
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