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Latest Blockchain and Crypto News



Hashrate

Taproot update support reaches 91% of total bitcoin hashrate

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After the Binance mining pool announced its readiness to support the Taproot technology, 91.5% of the total computing power of the bitcoin network signals in favor of the upgrade. That was announced on Twitter on Sunday, December 27, by Poolin Vice President Alejandro De La Torre. According to...

Israel

Crypto owners are obliged to reveal their assets in Israel

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The Israel Tax Authority (ITA) has required crypto owners to reveal their assets and profits. According to the newspaper, dozens of Israelis got notifications from the ITA. The department also sent requests to local and foreign crypto exchanges with the requirement to transfer information about the...

Ethereum hits $711

Ethereum Goes Up by 13%, Reaching $711

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Ethereum price has hit $711, which is the highest rate since May 2018. The cryptocurrency's market cap has surged $79.8 B. This follows after Bitcoin's rally, the price of which has already surpassed $28000. Many analysts assume that the Eth price will go much higher in 2021 and the coming year...

Bitcoin

Major players continue to accumulate bitcoins

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Large investors continue to accumulate BTCs, as evidenced by the latest report from digital asset management company Grayscale. Last Friday, this giant published data, from which it follows that the total amount of funds in the cryptocurrency under its control has reached $ 16.3 billion. Analyst...

Nouriel Roubini

Nouriel Roubini believes Biden will crush the cryptosphere

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While billionaire Mike Novogratz expects the new White House administration to be Bitcoin-friendly, economist Nouriel Roubini, by contrast, believes Joe Biden will hit the cryptosphere. In his opinion, the new team will be tougher on digital currency than the administration of the still incumbent...

Bitstamp and XRP

Bitstamp to Suspend XRP Trading for US Customers

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Luxembourg-based cryptocurrency exchange platform Bitstamp announced stopping XRP transactions for an indefinite time. The company tweeted, informing users that such a decision was made because of the SEC's lawsuit against Ripple. US customers will not be able to trade and deposit XRP from January...

BTC $25000

BTC Price Reaches $25000

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After hitting $24,000 about a week ago, now Bitcoin makes another record, surging $25000. Community members celebrated the event. Many Bitcoiners were waiting for the new heights as recent months have been pretty bullish for the cryptocurrency. Bitcoin proved itself to be resilient to...

XRP price surges 12.25.2020

XRP is up 50%. Did Changes in the SEC Cause This?

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On December 24, authorities announced that the US Securities and Exchange Commission has a new chairman. Elad Roisman will replace Jay Clayton. Meanwhile, XRP saw price growth. Are these two events connected? Well, Roisman considered being a possible ally for the crypto industry. The new chairman...

Bitcoin

Bitcoin dominance index rises to annual high

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The run of the crypto market in November-December 2020 led to a sharp increase in the bitcoin dominance index. This figure rose to the highest level since the end of last year and is close to 70%. The rise in BTC dominance has occurred not only as a result of a rally in the crypto market over the...

EPayments

EPayments CEO left its position

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The ePayments payment system announced the departure of Mike Rymanov from the post of the company's CEO. We are fast approaching the end of 2020. Please visit our blog https://t.co/SKl8MGX1Km to read the latest news.— ePayments (@myepayments) December 24, 2020 The position of the interim CEO...

Binance

Binance closes South Korea division

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Binance crypto exchange announced the closure of the Binance Korea division for users from South Korea. Binance Korea's December 24 post said the closure was due to low transaction volumes. The platform is shutting down just eight months after launching in April 2020. Binance's Korean subsidiary...

PayPal

PayPal refused to acquire crypto custodian BitGo

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PayPal has refused to acquire crypto custody company BitGo. In October, there were reports that PayPal was in talks with BitGo for purchase, but the payment company was considering other options. BitGo, according to CEO Mike Belsh, has "been in talks with everyone for years." The...

Crypto

TradingView manager bets on staying positive trend in crypto

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The rollback of Bitcoin that followed its jump last week will not be able to break the overall positive trend, says Pierce Crosby, manager of the popular TradingView service. Today BTC is trading at $ 23,500 the capitalization of the largest digital currency has decreased over the past day to $...

SEC sues Ripple

SEC Submits a Claim Against Ripple

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Today, December 23, the US Securities and Exchange Commission (SEC) officially took legal actions against Ripple Labs and its corporate executive Christian Larsen and the present CEO Brad Garlinghouse. The market authority claims that the Silicon Valley-based fintech has earned $1.3 B through...

Skybridge

SkyBridge Capital invested $25 million in bitcoin

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Investment firm SkyBridge Capital has confirmed a $ 25 million investment in BTC through its new fund. In an interview with CNBC, SkyBridge Capital founder Anthony Scaramucci revealed that assets have already been moved and the company has launched a full node on the Bitcoin network. Fidelity...

Coinbase

Coinbase will open a branch in Canada

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The largest American cryptocurrency exchange Coinbase announced the expansion of its staff in connection with the opening of a branch in Canada. That is stated in the company's blog. At the first stage, the exchange posted 19 vacancies for technical and HR positions. In the future, the list will be...

MicroStrategy invests in BTC again

MicroStrategy Invested in BTC Again: This Time $650 M

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On December 21, business analytics firm MicroStrategy informed about a new Bitcoin deal. The platform acquired 29,646 BTC for $ 650 M. Presently, the company holds 70,470 BTC overall. The average cost of one asset would be $ 15,964. Due to this, MicroStrategy became the fifth-largest individual...

Ethereum

Ether reaches the critical support zone

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The ether (ETH) rate today dropped to $605, the largest altcoin is facing a bigger drop. The decline in the value of ETH is observed against the background of the correction of bitcoin, which dipped below $ 23,000 earlier this week. Over the past 24 hours, the capitalization of ether has decreased...

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