Latest Blockchain and Crypto News
India and the Crypto Assets. What Is Going on Now?
The condition of the crypto sector isn't distinct in India. On January 30, the Government of the Republic represented a draft suggesting banning private crypto assets. Instead, the authorities put forward forming a system for a central bank digital currency (CBDC). The Parlament will consider the...
Whales are acquiring BNB amid the rising rate of the altcoin
Binance Coin (BNB) has done very well over the past few months. The coin not only updated its all-time high but also made it to the top three digital currencies according to CoinMarketCap. BNB even surpassed Tether (USDT) in terms of capitalization. On Monday night, February 22, the BNB rate rose...
Block Research notes surge of Twitter users' interest in BTC
The Block Research team found that in February 2021, the number of mentions of bitcoin on Twitter rose to a record high. This trend is directly related to the strengthening of the BTC rate. Recall that at the end of last week, the largest digital currency exceeded $ 58,000, today the coin fell back...
Bitcoin Price Hit $58.000 Surpassing the Price of 1 KG Gold
The leading cryptocurrency continues to reach new highs. It has already surged above $58.000. Thus, the cost of 1 Bitcoin exceeded the price of 1 Kilogram of gold. Along with this its market cap soared over $1 trillion. At the very start of the year, on January 2, Bitcoin reached $30.000. On...
Crypto market cap hit a new high reaching $1.7 trillion
Not only bitcoin (BTC) broke another record this week, but also other digital currencies. We will remind, on the eve of the BTC rate updated its historical maximum, and the capitalization of the digital currency turned out to be above $ 1 trillion, as many analysts had predicted earlier. Bloomberg...
SEC affirms accusations upon Ripple in the amended lawsuit
SEC has said that Ripple CEOs Brad Garlinghouse and Chris Larsen have strongly influenced the price of XRP by increasing or decreasing the sales of their coins depending on the market situation. In an amended lawsuit filed on February 18, the SEC confirmed its allegations of violating U.S....
Cardano (ADA) Went up to $1 for the First Time Since 2018
Decentralized public blockchain Cardano's native token ADA has surpassed $1 for the second time ever. The first time dates back to January 2018, when the price reached $1.40. This year there has been a bullish trend for the cryptocurrency. Since February it was up by 200%. At the moment, ADA...
Bitcoin Surpassed $56.000 and Ether $2000
Today Bitcoin and Ethereum reached new all-time highs: $56.000 and $2000 correspondingly. The CEO of Tesla Elon Musk set Bitcoin to his Twitter profile avatar. Afterwards, Bitcoin reached a new all-time high of $56.000 with a market cap exceeding $1 T. It's Musk's second profile change including...
Binance Coin Now Is the Third Largest Coin by Market Cap
The price of Binance native token BNB grew by 50% just in a day surpassing $276. If we consider the previous 7 days, the price has gone up by 100%. At the moment, BNB trades at above $265. The coin's market cap surged over $40 Billion overtaking that of Tether's ($33 B) and Polkadot's ($30 B). On...
Musk Says It's Not Wise to Ignore Investment Alternatives
Business magnate Elon Musk says "only a fool" would ignore alternative options for investment. Recently the CEO of Binance, Changpeng Zhao expressed his surprise about Elon Musk's approach to DOGE and BTC in an interview. Particularly, Zhao said he didn't understand why Tesla bought...
BTC dominance index falls to 60%
The growth of the cryptocurrency market was not only the result of the bitcoin (BTC) run but also the rise in prices for the largest altcoins. As a result, BTC's dominance index fell to its lowest level since October last year. Now, this figure is 60%. The share of Ether (ETH) in the market rose to...
Bill Gates: I don't have bitcoin and I treat it neutral
Microsoft founder Bill Gates said in an interview with CNBC that he has taken a neutral stance on Bitcoin. “I don’t have bitcoin, I don’t have a short position in bitcoin. I am neutral towards this asset,” he said. Gates noted that his foundation uses certain forms of digital currency in...
Number of Binance Chain daily transactions bypassed Ethereum
Binance Chain surpassed Ethereum in terms of user activity. The CEO of the Binance exchange Changpeng Zhao wrote about this on Twitter and admitted that soon the number of transactions on the network would also be higher than on Ethereum. However, he added that he does not oppose ETH. It supports...
Eth Price Surpasses $1900, Heads to $2000
Ethereum (Eth) price reached a new all-time high of $1914. The token was up by 7.11% in a day and now trades at above $1890. During this year the cost of the 2nd largest crypto asset by market cap increased by $160%, while BTC surged 78% at the same time. On December 1, 2020, Ethereum launched a...
Bitcoin hits $52000 to set a new all-time high
On February 17, the price of BTC crossed the $ 52000 mark. The asset is growing amid news from the software provider Microstrategy, which raised the target of issuing convertible notes from $ 600 million to $ 900 million with the option to purchase an additional $ 150M. The company will use the...
Financial Advisor Motley Fool Adds $5 M BTC to Its Portfolio
Virginia-based monetary and investing advice company announced investing $5 M in Bitcoin. The purchased coins will be added to the company's assets-and-liabilities as well as to its "10X" campaign. That means Motley Fool expects Bitcoin price to reach $500.000 within 15 years. The...
Cardano cap has doubled since February and reached $ 28B
Altcoin Cardano (ADA) has secured the fourth line in the ranking of the largest cryptocurrencies. Last week alone, its value increased by more than 30%. On Tuesday, February 16, the ADA rate rose to $ 0.875 (+ 1.65%). The capitalization of digital currency has doubled over the past two weeks, now...
The energy crisis in the US hurt bitcoin miners
Due to abnormally cold weather in the United States, there are problems with the power supply of Texas. Local mining farms were de-energized, which led to a significant drop in hash rates. For example, the capacity of only one mining firm, Luxor Tech, fell 40%, said its co-founder Ethan Vera....
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