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Latest Blockchain and Crypto News



Prayut Chan-o-cha

Thai Prime Minister joins the camp of bitcoin opponents

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According to the head of the Thai government, Prayut Chan-o-cha, residents of his country need to stay away from digital currencies. The prime minister watches with dismay how bitcoin is attracting the younger generation. The state needs to make every effort to prevent people from accessing such...

Investors

Analysts drew attention to the surge in institutionals activity

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Institutionals channeled $ 1.5 billion to crypto funds last week. A report from CoinShares states that 99% of funds were raised by Bitcoin-focused products. For comparison, the week before last, bitcoin funds received only $ 70 million. Analysts link the activation of hedge funds and other...

Scaramucci

Anthony Scaramucci pointed to the giant potential of Bitcoin

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The founder of the hedge fund SkyBridge Capital Anthony Scaramucci said that many investors who previously doubted the potential of Bitcoin have now invested in this cryptocurrency. The businessman pointed to the huge potential of both BTC and the cryptocurrency industry in general. According to...

Secret Fantom Harmony

Altcoins Rally; Fantom, Harmony and Secret Hit New ATHs

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Bullish trends prevail in the crypto market currently. Bitcoin trades at around $62.900, Ether at $4200 and most altcoins have had massive gains in the last 7 days. Today the native token of the Fantom blockchain, FTM crossed the $3 milestone, reaching its all-time high of $3.47. The coin's price...

Saudi Arabia

Saudi Arabia won't give up cash after the initiation of the token

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Back in the winter of 2019, it became known about the plans of the United Arab Emirates and Saudi Arabia to issue a joint digital currency as part of the so-called Abra project. The same states are moving towards the creation of their national tokens (CBDC). The Abra project is the basis for the...

Nvidia

Nvidia's ampere cryptomining monster GPU goes on sale

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The most powerful mining chip of the Nvidia CMP 170HX series is now available to retail buyers. The sales of the video card started in the Vipera online store in Dubai, where a batch of 230 devices arrived. At the heart of the CMP, 170HX is the GA100 GPU based on Ampere architecture, equipped with...

Fantom crypto ath

Fantom Hits New All-Time High, Getting Closer To $3

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The price of the Fantom blockchain's native token FTM reached a new all-time high of $2.90. In the last 7 days, the price went up by over 33%. At the moment, Fantom is the 29th largest cryptocurrency with a market cap of over $7.3 billion. Per data from DeFi Llama, the total value locked in the...

NFT

Ant Group and Tencent distanced themselves from the term "NFT"

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Chinese tech giants Ant Group and Tencent have changed the term “non-fungible tokens” (NFT) to “digital collectibles” on their platforms and sites. At AntChain Fan Tablet, assets are now defined as “virtual digital goods”. Tencent's Magic Core platform, which is considered China's...

Squeri

American Express CEO believes cryptos don't scare traditional payments

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The traditional payment system will be able to withstand even the massive adoption of cryptocurrencies. Credit cards will retain their position as they will remain a popular tool for a very long time, according to Stephen Squeri, CEO of American Express. Unlike credit cards, cryptocurrencies cannot...

Shiba Inu ath

Shiba Inu (SHIB) Reaches All-Time High of $0.00004442

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On October 24, Shiba Inu (SHIB) token hit a new all-time high of $0.00004442. In the last 7 days, the price went up by around 50%. SHIB is the 13th largest cryptocurrency, with a market cap of over $15.1 bln. At the moment, SHIB trades at around $0.00003842. The price dropped after Elon Musk said...

Garlinghouse

Garlinghouse attributed ETH's success to SEC's supportive attitude

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Ethereum's success is, at least in part, due to a favorable attitude from the US Securities and Exchange Commission (SEC). That was stated by the head of Ripple Brad Garlinghouse at the DC Fintech Week online conference. Garlinghouse considers it unfair for the SEC to classify XRP as a security,...

Snark.art

NFT crystals from the Snark.art platform sold for more than $4M

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The Snark.art platform sold out the NFT collection Organic Growth: Crystal Reef from artists Michael Joo and Danila Krivoruchko in three days, earning more than $ 4 million. According to the creators of the collection, the final appearance of each of the crystals depends on the history of the...

India crypto regulation

India’s Regulatory Authority Issued a Notice Over Crypto

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On October 21, India's top securities regulator, the Securities and Exchange Board of India (SEBI), issued a notice over crypto trading, telling advisers not to deal in assets that are unregulated in the country. In the notice, SEBI announced it would take action against investment advisers...

Bitcoin

Analysts urge not to panic over bitcoin retreat

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Bitcoin made a historic breakthrough in the middle of this week. On some trading floors, the coin was close to $ 67,000. The weakening of traders' activity led to a decrease in the BTC volatility index. According to ByBt, this figure fell to 3.63% on October 22, the lowest level since the middle of...

Texas

Texas firefighters retirement fund invested in BTC and ETH

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More and more financial institutions are not only looking at bitcoin and other digital currencies but are also investing in such innovative tools. One of the Texas pension funds has invested in bitcoin and Ether. The Houston Firefighters Pension Fund acquired $ 25 million worth of cryptocurrencies...

Walmart CoinStar Bitcoin ATMs

Walmart Allows Purchasing Bitcoin via ATMs

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Leading retail company Walmart hosts Bitcoin ATMs to allow store visitors to buy Bitcoin at its numerous US-located stores. For this purpose, Walmart hosted machines from Coinstar, a company that provides services of coin conversion to cash. Coinstar, cooperating with the first U.S. state-licensed...

mining

Stronghold Digital Mining raises IPO target To $127M

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American mining company Stronghold Digital Mining announced an increase in its initial public offering (IPO) to $ 127 million. The firm will place 6,687,305 Class A shares at $ 19. It is planned that the securities will begin trading on the Nasdaq on October 20, 2021, under the ticker SDIG, and the...

USDT

Hindenburg Research gives $1M award for USDT collateral information

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Research firm Hindenburg Research has offered a $ 1 million reward for disclosing previously unknown collateral for the Tether (USDT) stablecoin. The company called Tether “a key element of the multi-trillion dollar cryptocurrency market,” but questioned the legitimacy of providing it....

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