Latest Blockchain and Crypto News
Dogecoin Hits New Highs
The price of Dogecoin, initially created as a joke, went up 56% in a day. This growth followed Reddit's discussions on making the cryptocurrency equivalent of GameStop. The latter is an American high street shop that sells games, consoles, and other electronics. At the moment, the DogeCoin trades...
Circle eases to purchase USDC stablecoin for US users
Circle announced the addition of Automated Clearing House (ACH) payment support, which is going to allow US users to buy USD Coin (USDC) stablecoin and use the Circle API to integrate various products and protocols using USDC. US customers use ACH to transfer funds between regulated banking...
Russian Sberbank Applies for Launching a Stablecoin
Moscow-headquartered Russian banking leader Sberbank presented documents to the country’s banking supervisory body to release its own stablecoin. Sberbank was founded in 1841. Now it is the dominant credit establishment in Russia and post-Soviet countries. The vice-president of the bank’s...
Bank of England has questioned Bitcoin's continued success
Existing cryptocurrencies do not have a suitable model that would allow them to work as a means of payment in the long term. Governor of the Bank of England Andrew Bailey said this at the World Economic Forum in Davos. In a separate session entitled “Restarting Digital Currencies,” Bailey noted...
Indian central bank examines need to launch digital rupee
The Reserve Bank of India (RBI), the country's central bank, is looking into the need to launch its digital currency (CBDC). In a brochure on payments systems published on Monday, January 25, RBI said it is going to explore launch options if the need for the digital rupee arises. “Private digital...
UniSwap's UNI Token Sets a New All-Time High of $13
A few hours ago, the native token of the UniSwap exchange UNI reached $13. At the moment it trades for around $12.60. Over the previous month, the token has surged over 200%. The network has been growing. The number of whale addresses with 100.000 or more $UNI has gone up to ...
Last Friday, in just an hour, investors withdrew 659,000 ETH
The outflow of Ether (ETH) from cryptocurrency exchanges has been increasing since mid-January 2021. Many analysts have previously paid attention to this trend. Alex Saunders tweeted that January 22 saw the most massive outflow of digital currency from marketplaces. In just an hour, the exchanges...
Crypto advocacy firm Coin Center receives $1M from Grayscale
Investment firm Grayscale has donated $ 1 million to Coin Center, a non-profit organization to promote and protect the interests of the crypto industry. According to a January 25 press release, Grayscale plans to raise another $ 1 million for Coin Center by the end of February. In 2016, the...
Anthony Scaramucci Finds Bitcoin a Safe Investment
American financier, the founder of SkyBridge Capital, Anthony Scaramucci thinks that with developed infrastructure and regulation, Bitcoin investments are "as safe as owning bonds and commodities like gold." SkyBridge Capital launched a new Bitcoin fund on January 4. The president and...
Tether releases USDT 9.3 billion on Tron blockchain
The capitalization of the stablecoin Tether (USDT) has started to grow rapidly since January last year. Many analysts are positive about this trend and believe that the inclusion of the printing press leads to an increase in the value of bitcoin. Now the capitalization of USDT is just over $ 24.751...
Coinbase to open secondary market for stocks before IPO
Coinbase, the largest crypto exchange in the US, announced to its shareholders that it is opening a secondary market for stocks on the Nasdaq Private Market. “On Monday, January 25th, you will receive an email from the Nasdaq Private Market with details on how you can access the market, which...
The Macro Bull Trend Continues for Chainlink
On January 18, the price of Chainlink’s LINK token hit a new all-time high of $23.68. The token is heading to a new high. At the moment, it trades for $23.89. Chainlink represents a decentralized oracle system that bonds smart contracts with real-world derived data. The network's native token...
The American IT company offered employees a salary in crypto
Employees of the software development firm Sequoia Holdings will be able to get a portion of their salary in Bitcoin, Ethereum, or Bitcoin Cash. “We are delighted to offer our team a new opportunity. Many of our employees support cryptos,” said co-founder and CEO Richard Stroup. Sequoia...
Crypto Market Cap Shows Uncertainty as BTC Price Fluctuates
On January 21, the Bitcoin price fell under $30,000 for the first time since January 4. This increased wave of selling pressure on the cryptocurrency market. At the moment, the cryptocurrency trading rate is nearly $31.460. The global crypto market cap saw over a 4.71% decline in the last day....
BlackRock Enters BTC Futures Market
New York-based global investment management corporation BlackRock approved BTC futures services for two of its supplies. On January 20, the company submitted the corresponding documentation to SEC. BlackRock is the leading asset manager worldwide, handling $7.81 trillion as of end-Q4 2020. It's...
Firo anonymous cryptocurrency network attacked 51%
The anonymous crypto network Firo (previously known as Zcoin) has been hit by a 51% attack. The Firo team is currently negotiating with exchanges and pools. Users are strongly advised not to make transactions on the Firo network. The developers also told about the testing a solution "that...
Binance Is No Longer on the Russian Regulations Blacklist
Russian officials announced that the Regional Court of Arkhangelsk decided on canceling a former order to blacklist the cryptocurrency exchange platform Binance in the country. The hearing was on January 20. The proceedings began in September 2020, when Binance received a notice from Russian data...
Ripple ex-advisor may become head of US banking regulator
Ripple ex-advisor Michael Barr may head the Office of the Comptroller of the Currency (OCC) under the Joe Biden presidency. If appointed, Barr will replace Brian Brooks, a previous chief lawyer at cryptocurrency exchange Coinbase, who worked as head of the OCC from May 2020 to January 2021. At...
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