Latest Blockchain and Crypto News
Bitcoin’s Market Cap Reclaimed $1T, the Price Hit $55.000
For the first time, since May 12, Bitcoin price surpassed $55.000. The market cap of the largest cryptocurrency again stands above $1 trillion. Over the last 7 days, the coin saw a price increase of over 31%. In the last 24 hours, the surge was by over 10%. Although it's early to predict whether...
It’s Better to Mine BTC Than Produce Coca: Gustavo Petro
Former mayor of Bogota, Colombian politician, and presidential candidate Gustavo Petro finds it will be beneficial for the country to follow the example of El Salvador and mine BTC using natural resources. On October 1, the president of El Salvador, Nayib Bukele announced that the country started...
U.S. Bank Now Provides Crypto Custody
Today a major American financial institution, U.S. Bank, otherwise called US Bancorp unveiled a cooperation with BTC-focused tech firm NYDIG to deliver crypto custody options. The tweet shared by the company notes the growing institutional interest in the space. As interest in cryptocurrency...
XRP Holders Can Take Part in the Suit as “Amici”
The SEC against Ripple lawsuit continues. On October 4, U.S. District Judge Analisa Torres announced that XRP token holders can’t take part in the suit as defendants. At any rate, they can assist as amicus curiae, a friend of the court to provide their opinions on legal questions. Token owners...
Shiba Inu (SHIB) Price Doubled In a Week
Shiba Inu (SHIB) has seen a price increase of over 54% in the last 24 hours, which reached $0.00001409. In terms of a week, the token has gone up by over 100%. On October 4, Tesla CEO Elon Musk shared a pic of his dog on Twitter, writing just “Floki Frunkpuppy” Floki Frunkpuppy...
Bitcoin Trades Above $50.000 for the First Time in a Month
Prices of cryptocurrencies started to recover. In the last 24 hours, Bitcoin's price has gone up by over 5.4% surpassing $50.000 for the first time in a month. The coin's market dominance index is 43.10%. Ethereum's price went up by 3.36% in terms of a day. The total market cap of crypto increased...
NFTs Boost Contemporary Art, Blockchain Industry Grows
Interest in the blockchain and crypto industry has been increasing. As reported by data tracker DappRadar, the sector's quarterly growth is 25%, and yearly growth is 509%. In total, the number of Unique Active Wallets reached 1.54 M daily. Q3 was a diversified interval with the advancement of...
The Native Token of Tezos Blockchain, XTZ Reached a New High
In the last 7 days, the native token of the Tezos blockchain, XTZ saw a price increase of over 36% and reached a new all-time high of $9.18. The token ranks 24th with a market cap of over $7.5 billion. Recently, Tezos's popularity has been growing among developers. On September 8, famous American...
Edward Snowden Believes China's Ban Made Bitcoin Stronger
Edward Snowden, who previously worked for the U.S. National Security Agency as an IT expert, finds that Bitcoin only got stronger after the ban from China. On October 4, Snowden shared his opinion via a tweet. In May 2020, when China announced that trading crypto is illegal in the country, he wrote...
Axie Infinity (AXS) Surpassed the $155 Milestone
The native token of the crypto gaming platform, Axie Infinity hit another all-time high, surpassing $155 today. Over the last 7 days, the price of the token went up by over 133%. Currently, it's the 20th largest cryptocurrency with a market cap of over $9.1 million. The project's valuation hit $30...
Hackers Managed to Steal From 6000 Coinbase Customers
Unknown hackers have attacked about six thousand user accounts of the Coinbase crypto exchange. They exploited the vulnerability to bypass two-factor authentication using SMS. This week, the exchange sent affected customers letters informing them that cybercriminals hacked accounts and stole crypto...
Novogratz highlights the giant potential of BTC technology
Galaxy Digital CEO Mike Novogratz mentioned that investors do not need to fear the fall in the value of bitcoin. The main value of a cryptocurrency lies in its technology. We see the expansion of a qualitatively new ecosystem that is not subject to any state. Novogratz made similar statements...
Jake Cherwinski announces resignation from Compound Labs
On October 1, Jake Cherwinski announced that he had resigned from his position as General Counsel for Compound Labs. He held this post for two and a half years. 1/ Some personal news: after 2.5 amazing years, yesterday was my last day at @compoundfinance ❤️It's been a genuine honor helping...
Axie Infinity (AXS) Hit a New High After Announced Staking
AXS, the native token of the crypto gaming platform Axie Infinity reached a new all-time high of $119.92. In the last 7 days, the token went up by around 75.45%, and in the last 24 hours, the price growth was over 50%. There are several reasons for the surge. On September 30, the Axie team...
Visa wants to launch a universal payment channel on ETH
Visa has shown an increased interest in the blockchain industry over the past few years. In winter, it became known about the plans of the payment system to launch support for digital currencies. As RBC clarifies, now the company wants to develop a network based on Ethereum for converting tokens,...
TikTok announced the release of the NFT collection
Popular service TikTok announced the release of NFTs with the participation of famous content authors. The Top Moments collection will include six “culturally significant TikTok videos” from Lil Nas X, Bella Poarch, Rudy Willingham, Curtis Roach, Gary Weinerchuk, Brittany Brosky, and more. They...
Jerome Powel Says Fed Has No Plans to Ban Crypto
Fed chair Jerome Powel said that the bank has no plans to prohibit crypto activities like China. Congressman Ted Budd raised the question in terms of a hearing of the House Committee on Financial Services, asking if Fed Plans include banning or limiting the use of crypto. Previously, in July,...
CoinEx crypto exchange leaves the Chinese market
One after another, cryptocurrency exchanges are announcing a gradual withdrawal from the Chinese market. At the end of last week, platforms Huobi and Binance announced the termination of registration of new users from China. After that, lesser-known trading platforms issued similar statements about...
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