Latest Blockchain and Crypto News
Miners adhere to a cumulative strategy
Over the past two years, bitcoin miners have joined the ranks of hodlers or long-term holders of cryptocurrencies. If in 2017-2019 mining pools mainly sold coins, then the latest data from the Glassnode platform shows that their strategy has changed. Since the beginning of 2020, they have chosen to...
Senator Lummis Will Present Crypto Bill in 2022
US senator Cynthia Lummis, who is a supporter of crypto, announced her plans to put forward a comprehensive crypto bill that will bring the industry clarification. The politician is in favor of including crypto in financial systems properly. A Bloomberg release says, the regulatory structure that...
SushiSwap token skyrocketed by almost 18% in 24 hours
The digital currency SushiSwap (SUSHI), the underlying asset of the decentralized crypto exchange of the same name, soared in price by almost 18% in 24 hours. Now the altcoin's capitalization reached $ 846.653 million. Tonight the token jumped above $ 6 for the first time since the beginning of...
Kraken acquires investment platform Staked
The popular digital asset trading platform Kraken has announced the purchase of the equally well-known non-custodial betting service Staked. Based on the official statement of the exchange, all its users will be able to join the operation of the investment platform in January 2022. In the...
Mike Novogratz Expects Bitcoin Volatility to Come Down
During a talk program Squawk Box, Galaxy Investments CEO Mike Novogratz said that with increasing demand from institutions for Bitcoin, the volatility of the coin is likely to reduce. According to Novogratz, that is a good thing. In his opinion, BTC is a store of value and not a transactional...
CME has provided data on trading in micro-futures on Ether
Traders have shown weak interest in micro-Ether (ETH) futures on the Chicago Exchange (CME). As a reminder, this product became available on December 6th. A similar Bitcoin-focused product was launched at CME on May 3rd. Moreover, the interest in micro-futures on BTC was significantly higher...
SEC Rejects Spot Bitcoin ETFs from Valkyrie and Kryptoin
The US SEC continues to disapprove physically-backed Bitcoin Exchange Traded Funds (ETFs). On Dec. 22, the regulator released the decisions on the requests from the exchanges NYSE Arca to trade shares of the Valkyrie BTC Fund and Cboe BZX to trade Kryptoin BTC ETF Trust. The reasons for rejections...
Ripple CEO Says 2021 Was the Strongest Year for the Company
A year ago, on December 22, the US Securities and Exchange Commission (SEC) started a lawsuit against the blockchain company Ripple and its executives Chris Larsen, and Brad Garlinghouse. The regulator says XRP, the native crypto of Ripple, is unregistered security, and Ripple Labs wasn't allowed...
76% of Bitcoin addresses remain in profit
The SOPR indicator exceeded one, and it suggests that investors are selling at a profit. The day before, this indicator was below 1, that is, traders were selling bitcoins at a loss for themselves. The growth of the index today was the result of an improvement in the situation in the crypto market....
Jack Dorsey's Anti-Web 3 and VC Tweets Created a Movement
Block (formerly Square) CEO Jack Dorsey criticized the web 3 sphere recently, saying it isn't decentralized, but venture capital firms are those who own it. In a tweet published on December 21, the former CEO of Twitter said web 3 is a centralized entity with a new label. In a later tweet, Dorsey...
Whales resume buying Shiba Inu tokens
The Shiba Inu (SHIB) token soared 10% last Tuesday. Cryptocurrency capitalization reached $ 18.8 billion. Altcoin began to rise in price against the backdrop of a surge in the activity of large SHIBA wallets. One of the whale addresses spent $ 134 million buying 4 trillion Shiba Inu tokens earlier...
Fitch Ratings seeks to regulate stablecoins
Analysts at the Fitch rating agency urge the European Union and the United States to seriously engage in the development of a regulatory framework for stablecoins. If states can control the movement of funds in digital assets, then they will reduce the risks of financial destabilization, the agency...
Polygon Comes To the Opera Browser Due to a Cooperation
Ethereum scaling network Polygon and Opera Browser built a collaboration, which suggests the browser's integration with Polygon, thus providing users in-browsers access to over 3000 dapps supported on Polygon. Among leading dapps operating on the Polygon protocol are lending and borrowing protocol...
Elektra will allow customers to make purchases using the BTC
In Mexico, the popular retail chain Elektra has announced the introduction of a new payment method for purchases. Now all clients, without exception, will be able to make payments for purchased goods using the leading cryptocurrency - bitcoin. The purchase of goods, by the way, will be available...
El Salvador Adds 21 More Bitcoins To Its Holdings
The president of El Salvador, Nayib Bukele made another Bitcoin acquisition on Dec. 21. Before the transactions, he tweeted that El Salvador’s total size is 21,000 km2. Bukele mentioned he doesn't think it's a coincidence. He added the Bitcoin hashtag and El Salvador's flag to the post. Bitcoin's...
Terra LUNA Set a New All-Time High of Over $95
The native crypto of the Terra blockchain ecosystem, LUNA keeps rising. Going up by over 66% in the last 7 days, the price of the token surged over $97. At the moment, LUNA is the 9th largest crypto with a market cap of over $36 bln. Total value locked in Terra has gone up essentially, making it...
Changpeng Zhao supported the CBDC concept
According to the CEO of the crypto exchange Binance Changpeng Zhao, CBDC will make a great contribution to the development of the global economy. The cryptocurrency industry will benefit from the emergence of an innovative tool, but the central banks issuing their tokens should not be allowed to...
Ray Dalio: Bitcoin has proven its reliability in ten years
Over the past decade, Bitcoin has shown everyone that it has earned the status of a reliable asset, according to Ray Dalio, founder of Bridgewater Associates. According to him, no one has hacked the cryptocurrency, and it has enormous long-term potential. Capital continues to enter the crypto...
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