Cryptocurrency News

Bitcoin does not behave like a payment instrument - it is extremely volatile and takes too long to complete, Mastercard executive chairman Ann Cairns said in an interview. “If you and I go to drink coffee, and I decide to pay in bitcoins, our drink may cost me, for example, 40% more expensive...

Ethereum miners have split into two warring camps due to the EIP-1559 proposal. It involves burning part of the transaction fees and helps to reduce the volatility of the gas price. The third-largest Ethereum pool, F2Pool, published a post in support of a proposal to improve the second-largest...

Major digital currency manager GrayScale informed about planning to integrate altcoin trusts in January. Presently, the company offers eight asset investment trusts. They are BTC, BCH, ETH, ETC, ZEN, LTC, XLM, and ZEC. Besides, the organization represents one multiasset capital called Grayscale...

The native token of the Cardano blockchain has got ahead of Binance Coin (BNB) in terms of market capitalization. The asset's market cap increased by over 29% in a day, surpassing $41 B. ADA trades at about $1.33 currently. Cardano was launched in 2017. The blockchain platform is supported by...

California-based free trading app Robinhood stated on Thursday that there are 6.000.000 more users of the Robinhood Crypto in the ongoing year. Robinhood began offering crypto activities in 2018. Last May it reported having over 13 M clients. In January as well as February, the platform attracted...

Many older financiers are critical of bitcoin. Suffice it to recall Peter Schiff, who on Twitter periodically tries to present cryptocurrency from the worst side. He also urges investors to stop buying BTC and switch to gold, which he believes is the safest asset. Billionaire Charlie Munger, 97,...

Cryptocurrency exchange Kraken is in talks to attract investments from Fidelity, Tribe Capital, and General Atlantic at an estimate of $ 10 billion. According to Bloomberg, the terms of the possible deal are not final and in case of high demand, the exchange may receive an estimate of more than $...

Amid falling bitcoin prices, BTC futures trading volumes have skyrocketed this week. If at the beginning of the week the largest digital currency was trading above $ 58,000 and was preparing to break through to $ 60,000, then on Monday its rate fell by more than $ 10,000. Bitcoin found the bottom...

Enterprise analytics firm MicroStrategy informed on February 24 that it expanded its bitcoin funds by $1 billion. The news came on February 19, when the second trade of convertible debt was closed. MicroStrategy bought the 19.452 Bitcoins paying an average cost of $52,765 for each. Thus, the...

The native token of the THORChain network Rune has increased by over a 34% after thesis-driven investment firm Multichain Capital accumulated a large sum of the asset. Now RUNE trades at about $5. Data shows that since its release in July 2019, the token has been up 62,000%. The token's market cap...

American Financial services Square made another investment in Bitcoin. The firm invested $170 million in the asset. According to the company's Q4 report, the firm has already made $1.76 B from Bitcoin trades implemented in the final quarter of 2020. This is 1000% more compared to the sum of the...

Microsoft founder Bill Gates in an interview commented on Tesla's investment in bitcoin. Presenter Emily Chang noted that Tesla could make more returns on its Bitcoin investment than it does from selling electric vehicles throughout 2020. When Gates was asked about the potential impact of tweets...

Ripple Labs, the enterprise that created the XRP crypto asset filed a new market unit in Wyoming. The state is known for its friendly approach towards the crypto industry. Caitlin Long, creator, and Chief Executive Officer of Avanti Financial Group disclosed the news on Twitter....

In the previous two weeks, Bitcoin price grew by over 40% reaching its all-time high of $58.000. However, on February 22, the price took a dip falling to $48.900. At the moment, the leading cryptocurrency trades at around $50.000. Blockchain data provider Glassnode notes the number of addresses...

The condition of the crypto sector isn't distinct in India. On January 30, the Government of the Republic represented a draft suggesting banning private crypto assets. Instead, the authorities put forward forming a system for a central bank digital currency (CBDC). The Parlament will consider the...

Binance Coin (BNB) has done very well over the past few months. The coin not only updated its all-time high but also made it to the top three digital currencies according to CoinMarketCap. BNB even surpassed Tether (USDT) in terms of capitalization. On Monday night, February 22, the BNB rate rose...

The Block Research team found that in February 2021, the number of mentions of bitcoin on Twitter rose to a record high. This trend is directly related to the strengthening of the BTC rate. Recall that at the end of last week, the largest digital currency exceeded $ 58,000, today the coin fell back...

The leading cryptocurrency continues to reach new highs. It has already surged above $58.000. Thus, the cost of 1 Bitcoin exceeded the price of 1 Kilogram of gold. Along with this its market cap soared over $1 trillion. At the very start of the year, on January 2, Bitcoin reached $30.000. On...