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Latest Blockchain and Crypto News



ETH

Trader activity weakens ahead of Ethereum update

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This coming Thursday, September 15, the Merge solution will be integrated into the Ethereum software, thanks to which the network will move to the Proof of Stake consensus. The activity of traders in anticipation of this event is reduced. Ethereum's underlying asset, the ETH token, is trading on...

Fidelity retail traders Bitcoin

Fidelity to Offer Bitcoin Trading to Its Individual Customers

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Leading financial services provider Fidelity considers offering Bitcoin trading services to its retail customers. According to a release by Wall Street Journal, the institution with over 34 M brokerage accounts is looking into ways to enable retail investors to trade BTC on its brokerage platform....

Huobi privacy coins

Huobi Global Is Delisting Monero (XMR) and Other Privacy Coins

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Crypto exchange platform Huobi revealed it will remove seven privacy-focused cryptos next week. The decision is connected with the recent regulations and raised concerns about the assets. Huobi released an announcement that says they strictly comply with the regulations of every jurisdiction. The...

Bitcoin

Analysts drew attention to the correlation between BTC and the S&P 500

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In August, Bitcoin's dependence on the US stock market sharply weakened. The correlation between BTC and business activity indicators was at an annual low, according to a report by Arcane Research. Last week, the dependence of cryptocurrency on the stocks of the technology sector began to increase...

Algorand Hodlnaut crypto

Algorand Foundation Announced an Exposure to Hodlnaut

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Algorand Foundation, the organization standing behind the development of the Algorand blockchain protocol revealed having a $35 M USDC exposure to the cryptocurrency lending and borrowing platform Hodlnaut. In early August, Hodlnaut suspended withdrawals. In a publication, Algorand informed that...

Ripple XRP burn

XRP Burn Launched via Bitcoin Payment App

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A Bitcoin transactions application based on XRP Ledger, SpendTheBits, is a competitor of Lightning Network. SpendTheBits allows spending and receiving Bitcoins instantly. Currently, the application is available in Canada, and it's expected to be launched in El Salvador soon. XRP is used to activate...

Mark Zuckerberg US Senators

Senators Ask Zuckerberg About His Steps to Prevent Crypto Scams

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A group of US Senate democrats wrote a letter to Meta CEO Mark Zuckerberg asking him about measures the social media companies led by him take to prevent crypto-related scams. Washington Post reports that Senators raised questions concerning crypto fraud stating that they are commonly seen on...

SOL

Solana bounces back after a big drop earlier in the week

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At the beginning of this week, the altcoin Solana (SOL) collapsed to $30.64 on a wave of strong sales. Capital exited cryptocurrencies due to the negative that returned to the stock markets. The coin began to win back losses last Wednesday, and its value increased by more than 11% in two days. On...

MicroStrategy Bitcoin stock

MicroStrategy Plans to Sell $500 M of Stock to Buy More Bitcoin

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Business intelligence firm MicroStrategy intends to buy more Bitcoins by selling up to $500 M of stock. According to an SEC filing, the company's stock offering serves general corporate purposes, including Bitcoin purchases. The company's class A shares are listed on The Nasdaq Global Select Market...

FTX SkyBridge crypto

Sam Bankman-Fried's FTX Bought a 30% Stake from SkyBridge Capital

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The venture capital fund of the crypto exchange FTX agreed to acquire 30% of New York-based investment manager SkyBridge Capital. The sum of the deal is unknown, however, SkyBridge announced they plan to use some part of the investment to buy cryptocurrencies worth $40 M and then as a long-term...

China

China begins crackdown on copyright infringement on NFTs

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The National Copyright Administration of the People's Republic of China (CNAC) intends to tighten the penalties for unauthorized use of other people's works of art to create NFTs. Authors of collections of non-fungible tokens will be prohibited from creating them based on music, animation, games,...

Hayes

Arthur Hayes: Ether could reach $3,000 by the end of 2022

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According to the former head of the BitMEX cryptocurrency exchange, Arthur Hayes, by the end of 2022, ether (ETH) may reach $3,000. In mid-August, the altcoin broke above $2,000, and many experts bet on its rise to $4,000 or even $5,000 by winter. However, soon the rollback resumed. The pump came...

Gary Gensler crypto news

Digital Asset Intermediaries Must Register with the SEC: Gensler

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The US Securities and Exchange Commission’s Chair says operators that implement transactions with crypto assets need to register with regulators similar to other markets. Gary Gensler finds that these operators execute various services supervised by the SEC, like exchange, brokerage, custodian,...

White House crypto mining

White House Report Analyzes Bitcoin Mining and Its Impact

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The White House released a report exploring the challenges and opportunities of cryptocurrencies for energy and climate change problems in the US. According to the report, the use of digital assets based on distributed ledger technology is growing. The White House says as an emerging tech...

Chainalysis

Chainalysis admits price divergence between ETH and BTC after The Merge

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The price of Ethereum may show independent dynamics from other cryptocurrencies after the Merge, as staking will make the second largest cryptocurrency by capitalization similar to bonds or commodities. This is stated in the study Chainalysis. The upcoming merger on September 15-16 will lead to the...

Ethereum Classic

Ethereum Classic jumps 10% amid increased activity of miners

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Since the beginning of the week, Ethereum Classic (ETC) has been gaining in value. The ETC rate has strengthened by almost 10% to $36 in a few days, the capitalization of the altcoin at the time of publication of this review was $4.935 billion. Cryptocurrency is strengthening against the backdrop...

Pantera Capital Dan Morehead

Pantera Capital CEO Says the Next Bitcoin Bull Run Is Near

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Pantera Capital founder and CEO Dan Morehead predicts that the next Bitcoin bull market is near. In a recent interview, the executive said he believes that blockchain can easily decouple from the risk-off and risk-on mentality in years. He added this even if the main markets like equities, bonds,...

Voyager auction

Voyager Digital Is Going to Auction Assets Next Week

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Bankrupt cryptocurrency lender Voyager Digital announced they are going to auction off the rest of the assets on Sept. 13 amid the implementation of the restructuring plan. Voyager filed for bankruptcy in July. In a hearing presentation, the company said lots of bids were submitted. At the end of...

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