Latest Blockchain and Crypto News
Ripple CEO says his company tried to negotiate with the SEC
The Ripple team tried to reach a compromise with the Securities and Exchange Commission (SEC). However, the American regulator has abandoned any agreements, the head of the company, Brad Garlinghouse, tweeted. Recall that the SEC filed a lawsuit against Ripple in December, in which it accused the...
Stellar made it to the top ten of cryptos
Altcoin Stellar (XLM) performed very well this week. The coin has steadily risen in price over the past few days and was able to break into the top ten cryptocurrencies. Now XLM is in ninth place in the rating with a capitalization of $ 7.186 billion. The Stellar rate on Friday, January 8, rose to...
WBTC and WETH Now are on Tron
California-based digital asset trust company BitGo has set WBTC in motion on the TRON system. This presents tokenized Bitcoin in the Tron environment while making the currency transfers faster and low price. WBTC joining TRON is done amid record-breaking demand on Ethereum, which resulted in...
BITECH Optipro Launches, Enabling Trading on Binary Options
Today, Bitech.pro, one of the world’s leading cryptocurrency exchanges, announced the launch of its BITECH Optipro module, a revolutionary offering for crypto binary options. Industry experts are looking to BITECH Optipro to fulfill the potential of Bitech.pro as the only cryptocurrency exchange...
2020: Summing up the crypto year
2020 has been a weary year for all of us. It was full of various events, which have affected our lives and changed our everyday routine. Let's hope that 2021 will be better and sum up all the significant events of this year. 2020 started with bushfires in Australia. All the crypto community was...
Litecoin jumped 132% in two months
Litecoin (LTC) may break into the first four largest digital currencies this week. The coin is preparing to knock out the XRP token from the fourth line of the ranking, which has collapsed to its lowest level since mid-summer 2020. The LTC rate on Wednesday, December 30, rose to $ 130 - that is the...
SkyBridge Capital Has Put $182 M in BTC
New York-based global investment enterprise SkyBridge, which owns $9.3 B worth of capital, intends to launch a Bitcoin fund on January 4. The organization submitted papers to the Securities and Exchange Commission on December 21. As mentioned in an investor brochure, the total sum of SkyBridge's...
Indian regulator proposes 18% tax on bitcoin trading
The Central Bureau of Economic Intelligence of India (CEIB) is proposing an 18% tax on crypto trading. The agency classifies BTC as an "intangible asset". That is a Goods and Services Tax (GST). The government is currently considering a suggestion that would levy a tax on every bitcoin...
Bitcoin Miner Profits Reaching a New High
BTC miner profits measured by terahash in a second (TH/s) has surged to a new high. TH (tera, 1 trillion) is one of the Bitcoin hash rate units. And hashrate is a scale of the computational power per second used during mining. Simply putting, it is the speed of the mining process. The latest...
Large darknet market stopped accepting payments in BTC
The darknet marketplace White House Market stopped supporting the leading cryptocurrency and began to accept payments only in Monero (XMR). The reason for the decision was "unexpected blocking of access from the Tor network." It was influenced by a change in the API of the MorphToken...
Coinbase and OKCoin Suspend XRP Activities
The case of the U.S. Securities and Exchange Commission against Ripple continues to have negative impacts on the company. The number of firms terminating XRP purchases is increasing. A few days ago cryptocurrency exchange platform Bitstamp announced halting XRP purchases for an indefinite time....
BTC Price Keeps Rising. Will it Reach $30.000?
Bitcoin gets closer and closer to $30.000. Today, on Dec. 28, it reached another all-time high surpassing $28000. Its market cap is above $524 B. This means the BTC price increased around $4000 within two days and 20% during the last week. The growth of the BTC price started in October when the...
Taproot update support reaches 91% of total bitcoin hashrate
After the Binance mining pool announced its readiness to support the Taproot technology, 91.5% of the total computing power of the bitcoin network signals in favor of the upgrade. That was announced on Twitter on Sunday, December 27, by Poolin Vice President Alejandro De La Torre. According to...
Crypto owners are obliged to reveal their assets in Israel
The Israel Tax Authority (ITA) has required crypto owners to reveal their assets and profits. According to the newspaper, dozens of Israelis got notifications from the ITA. The department also sent requests to local and foreign crypto exchanges with the requirement to transfer information about the...
Ethereum Goes Up by 13%, Reaching $711
Ethereum price has hit $711, which is the highest rate since May 2018. The cryptocurrency's market cap has surged $79.8 B. This follows after Bitcoin's rally, the price of which has already surpassed $28000. Many analysts assume that the Eth price will go much higher in 2021 and the coming year...
Major players continue to accumulate bitcoins
Large investors continue to accumulate BTCs, as evidenced by the latest report from digital asset management company Grayscale. Last Friday, this giant published data, from which it follows that the total amount of funds in the cryptocurrency under its control has reached $ 16.3 billion. Analyst...
Nouriel Roubini believes Biden will crush the cryptosphere
While billionaire Mike Novogratz expects the new White House administration to be Bitcoin-friendly, economist Nouriel Roubini, by contrast, believes Joe Biden will hit the cryptosphere. In his opinion, the new team will be tougher on digital currency than the administration of the still incumbent...
Bitstamp to Suspend XRP Trading for US Customers
Luxembourg-based cryptocurrency exchange platform Bitstamp announced stopping XRP transactions for an indefinite time. The company tweeted, informing users that such a decision was made because of the SEC's lawsuit against Ripple. US customers will not be able to trade and deposit XRP from January...
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