Latest Blockchain and Crypto News
Grayscale Decided on Closing XRP Trust
Grayscale Investments informed the users it had started the process of XRP Trust termination. The move is connected with the legal actions SEC had started against Ripple for selling unregistered security. The firm will share cash to investors after liquidating all XRP held by the stock, without...
CryptoQuant CEO expects institutionals to keep BTC over $30K
On Thursday, January 14, bitcoin is trading slightly above $ 37,390. Cryptocurrency capitalization per day increased by more than 9% to $ 693.7 billion. BTC is gradually recovering positions lost as a result of the fall at the beginning of this week. Last Monday, bitcoin on some trading floors fell...
Polkadot Beats Litecoin, Becoming the 5th Largest Crypto
The price of Polkadot network's native token Dot reached a new all-time high. It surged by over 38% in a day. At the moment, the token trades for $11.98. These changes brought Polkadot to fifth place by market cap, which surpassed $10 B. In fourth place is XRP, with a $13.3 billion market cap....
Whales took advantage of the fall in BTC and risen purchases
The fall in the value of bitcoin last Monday was used by large cryptocurrency holders. It was these players who strengthened the purchases of BTC and prevented it from falling below $ 30,000. Although some analysts did not rule out a scenario in which support would return only in the region of $...
Internet interest in ether has risen to record levels
The number of Internet searches related to Ether (ETH) has reached the highest level in the history of the altcoin. According to Google Trends, people around the world are now much more interested in this digital currency than at the turn of 2017-2018. As a reminder, in January 2018, ETH reached $...
50% More Financial Advisors Now Invest in Crypto
Statistics show that about 10% of investment specialists have made client portfolio funds into cryptocurrencies. Bitwise Asset Management, together with ETF Trends, carried out a survey in December. Nearly 1,000 financial consultants answered prepared questions. The results show that 9.4% of client...
The UK Treasury Sees XRP as a Non-Security
The Treasury of the United Kingdom issued a report related to cryptocurrencies. There XRP is considered to be non-security. The script categorizes XRP, Ether, and BTC as forms of exchange. Not being either electronic money or security assets, they are not regulated. Her Majesty's Treasury cited...
Stellar has the best performance out of the top 10 cryptos
Of the top ten digital currencies, Stellar (XLM) has achieved the best results over the past 24 hours. Over the past 24 hours, the price of this altcoin has risen almost 15% to $ 0.285. XLM capitalization exceeds $ 6.387 billion. The coin moved up to ninth place in the CoinMarketCap rating. At the...
Bitcoin skeptics woke up and comment on the fall of crypto
Yesterday's drop in the value of bitcoin was commented on by many experts, including skeptics and outright enemies of the largest cryptocurrency. Financier Peter Schiff was one of the first to react to the weakening bitcoin rate. On Twitter, he recalled that last Friday, BTC reached $ 42,000, and...
Tether Sets the Highest Mark of 2 B USDT in One Week
Tether issued 2 B dollar-pegged tokens last week, which is a record amount. More than 24.6 B tethers now are distributed over Ethereum, Tron, and Bitcoin blockchain Omni Layer. $14,34 B is running on Ethereum, $9 B on Thron. One year ago the sum was only 4.8 billion. Chief Technology Officer at...
PayPal Crypto Volume Hits $240 Million
PayPal records its all-time high crypto volume in one day. On January 11, users made transactions for over $240 Million. The previous high was $129 million, reached a week ago. The digital payment company has chosen to buy its crypto through the digital asset platform itBit, which presents the...
Biconomy Seed Funding Reaches $1.5 M
Blockchain empowering developer protocol Biconomy raised $1.5 M in the financial backing first stage, organized by venture house Eden Block. There were eight more contributors taking part in the phase. Blockchain-centered venture capital organization Fenbushi Capital, crypto trading market...
EOS Price Fell 25% after Dan Larimer's Resign
Blockchain enterpriser and co-founder of Block.one Dan Larimer has resigned after four years serving his role as a chief technological officer. Block.one began offering EOS tokens in June 2017, collecting more than $4 B, a record for an ICO. The company developed EOS.IO blockchain protocol based on...
Number of active bitcoin addresses has reached a new high
Since the beginning of January 2021, against the background of the rapid growth in the value of bitcoin to a new maximum, the number of addresses on the network making daily transactions has increased. A report from the LongHash team says that since BTC surpassed $ 37,000, network activity has hit...
Canaan introduces immersion cooled Bitcoin miner
One of the oldest manufacturers of ASIC equipment, Canaan Creative, has introduced a miner with an immersion cooling system - Avalon A1066I. #AvalonMadeLeveraging a mechatronics hardware design, the Avalon Immersion Cooling Miner offers a high degree of integration within single mining modules,...
Bitcoin cap amounted to 7% of the total market value of gold
The rise in price to $ 40,000 and above significantly increased the capitalization of the leading crypto bringing the indicator a little closer to the market value of gold. According to Gold.org, the approximate market value of all mined gold is $ 10.6 trillion. Bitcoin's market cap at the time of...
Morgan Stanley Acquires 11% Stakes at MicroStrategy
New York-based multinational investment bank Morgan Stanley had acquired 792,627 shares in business intelligence firm MicroStrategy. This is a 10.9% stake in a company that has made large investments in Bitcoin over the last several months. MicroStrategy has shown interest in the crypto industry...
Altcoins After BTC Hitting $40.000
On January 7, Bitcoin set a new all time high, breaking $40.000. The next day the price surpassed $41.000. Rate growth of various altcoins followed this, proving the bullish movement to be really strong. The trading volume of the leading cryptocurrency reached $99 Billion. At the moment, BTC is...
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