cryptocurrency news
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Bitcoin Futures Open Interest Hits $19 Billion, Harsh Intraday Swings, Analyst Says ‘Fresh Rally’ Expected – Market Updates Bitcoin News
The start of the week saw digital currency markets drop significantly in value, as billions of dollars were shaved off…
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Cross-chain bridges and DeFi integration are pushing these 3 altcoins higher
The cryptocurrency market is showing signs of progress following a multiday sell-off that saw the total market capitalization drop by…
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CoinShares launches new physically backed Ether ETP
Major European digital asset manager CoinShares is expanding its product portfolio with a new physically-backed Ether (ETH) exchange-traded product, or…
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Bitcoin Has No Intrinsic Value, Asset Is Too Volatile, Says Bank of Korea Governor – Regulation Bitcoin News
Bank of Korea Governor Lee Ju-yeol has said that crypto assets like bitcoin have no intrinsic value – put simply,…
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Crypto on-ramp hits Opera browser following Simplex integration
Users of the Opera web browser will now be able to purchase cryptocurrencies directly within the application following a partnership…
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US Judge Dismisses Motion Against Bancor After Finding Allegations Inadequate to Give It Jurisdiction – Regulation Bitcoin News
A Manhattan federal judge has dismissed a securities fraud class action against Bancor after ruling that the plaintiff’s allegations were…
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Traders remain bullish even as DeFi’s TVL falls to $54.4 billion
Decentralized finance and the numerous platforms offering investment services have been the talk of the cryptocurrency sector for several months…
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Fed chair says it’s up to Congress to bring a digital dollar to market
Federal Reserve chair Jerome Powell said 2021 will likely have the central bank engaging with the public and lawmakers regarding…
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CME Bitcoin futures numbers saw a 57% uptick in January
Bitcoin’s price rose significantly in January. The Chicago Mercantile Exchange, or CME, also hit record Bitcoin (BTC) futures trading numbers…
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DeFi exchange protocol DFX raises $5M in seed funding led by Polychain Capital
Veteran cryptocurrency investor Polychain Capital has joined a funding round in DFX Finance, a new decentralized finance exchange protocol optimized…
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All of the Federal Reserve’s wire and ACH systems are down
All of the services available through the Federal Reserve’s online portal have been down for more than an hour. According…
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A token sale: Christie’s to auction its first blockchain-backed digital-only artwork
Since May 2007, US-based digital artist Mike Winkelmann (who goes by the name Beeple) has posted a new artwork online…
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Tokenization of assets is not taking off, but it really should
For a long time, experts have been talking about how tokenization — the act of creating a digital representation of…
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Square Adds $170 Million More in Bitcoin to Balance Sheet — Company Now Holds 5% of Total Cash Reserves in BTC – Finance Bitcoin News
Square has bought more bitcoin, adding $170 million worth of the cryptocurrency to its balance sheet. The company now holds…
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Total estimated crypto users worldwide tops 100 million, survey finds
Crypto exchange and debit card provider Crypto.com has published a new report estimating that the total number of crypto users…
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Sam Bankman-Fried: The crypto whale who wants to give billions away – Cointelegraph Magazine
Like many people in crypto, Sam Bankman-Fried is in it for the money. As the founder of quant trading firm…
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Canadian bank plans to launch dollar-backed digital currency ‘in the coming months’
In an announcement on Wednesday, VersaBank said it plans to launch a digital currency called VCAD, which will reportedly be…
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The Fed Is Carefully Examining Digital Dollar — Chairman Jerome Powell Says ‘Very High Priority Project for Us’ – Regulation Bitcoin News
Federal Reserve Chairman Jerome Powell has provided an update on the progress of a digital dollar. He confirmed that it…
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ETH mining still highly profitable despite upcoming Eth2 upgrade
Ethereum miners continue to enjoy lucrative payouts for their efforts in 2021, while the smart contract blockchain platform edges closer…
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5% Of Bitcoin Supply Expected To Be Used As Collateral By 2023
Only recently has the world of finance open its eyes to the potential of Bitcoin. As the asset’s price climbs,…
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Chainlink rolls out OCR system upgrade, reducing gas costs tenfold
Chainlink (LINK) has launched a major upgrade for its oracle network, dubbed Off-Chain Reporting, or OCR. The upgrade was announced…
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Microstrategy Buys $1 Billion More Bitcoin — Company Now Holds Over 90,000 BTC – Bitcoin News
Microstrategy has purchased an additional $1.026 billion worth of bitcoin, raising the total number of bitcoins it has accumulated to…
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‘Cryptocurrency is not legitimate money,’ says Nigeria’s central bank governor
Godwin Emefiele, governor of the Central Bank of Nigeria has defended the apex bank’s decision to ban banks from servicing…
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xSigma Passes Security Audit and Prepares to Launch Stablecoin DEX With LP Rewards – Press release Bitcoin News
press release PRESS RELEASE. February 24, 2021 – xSigma, a decentralized exchange for stablecoin swaps, has announced details of its…
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MicroStrategy purchases another $1 billion worth of Bitcoin, now owns 90,000 BTC
Business intelligence firm MicroStrategy increased its Bitcoin (BTC) holdings by 27% on Feb. 24, after purchasing an additional 19,452 coins,…
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3 reasons Bitcoin price is quickly recovering from its ‘severe’ 23% correction
The price of Bitcoin (BTC) quickly recovered from around $44,800 to over $50,000 within merely 22 hours. Behind the rapid…
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India’s Warren Buffett Wants Regulators to Ban Bitcoin and Focus on Digital Rupee – Regulation Bitcoin News
Indian billionaire Rakesh Jhunjhunwala, sometimes referred to as the Warren Buffett of India, says that the government should ban bitcoin.…
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US judge dismisses crypto fraud case against BNT token issuer
A federal district court in the United States has dismissed a securities fraud class action against Israel-based cryptocurrency firm Bancor.…
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BNB Up 530% in 30 Days: Will the Binance Smart Chain Conquer Ethereum?
Cryptocurrency markets are recovering after a massive selloff that took place throughout Monday and Tuesday. Bitcoin has rebounded past the…
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Hedera makes inroads in Africa as Standard Bank Group becomes node operator
Standard Bank Group — Africa’s largest bank by assets — has partnered with enterprise-grade distributed ledger technology project Hedera Hashgraph.…
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Blockchain Australia ousts retail merchant crypto project Qoin
Blockchain Australia — the industry body for the novel tech in the country — has expelled Qoin, a retail merchant…
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India’s central bank ‘very much in the game‘ with digital currency project
Indian authorities continue to express support for a government-backed digital currency to replace privately-issued cryptocurrencies. According to Bloomberg, RBI governor…
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Bitcoin price retakes $50K as investor voices relief at ‘healthy correction’
Bitcoin (BTC) hit back to reclaim $50,000 on Feb. 24 amid fresh bullish comments from major investors. BTC/USD 1-hour candle…
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Francis Suarez, Miami’s pro-crypto mayor, to appear on Blockchain & Booze tonight
Francis Xavier Suarez, the mayor of Miami and a firm Bitcoin (BTC) proponent, will appear for a 30-minute fireside chat…
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Umbrella IDO sees record participation on Polkastarter
Decentralized oracle network Umbrella has published details of its recent initial DEX offering, or IDO, revealing that 110,000 applicants hsigned…
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RUNE soars after Multichain capital reveals large position
Thorchain’s native token RUNE gained 30% in the last 24 hours after crypto venture firm Multicoin Capital revealed that it…
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Report: Bitcoin Mining Firm Northern Data AG Plans for a $500 Million IPO – Mining Bitcoin News
While the public prepares for the upcoming Coinbase public offering, the mining firm Northern Data AG is reportedly planning to…
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Exchange demands users return Bitcoin bought for $6K during tech glitch
One of Southeast Asia’s biggest crypto exchanges is blaming a technical glitch for the price of Bitcoin dropping down to…
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Whales offloaded 140K Bitcoin this month: Glassnode
According to a new report from crypto market data aggregator, Glassnode, Bitcoin whales offloaded massive amounts of BTC during February.…
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Musk no longer world’s richest man after Tesla and Bitcoin slump
Tesla CEO Elon Musk has lost his crown as the world’s richest man following a sharp correction in Bitcoin and…
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Brave unveils plans for DEX aggregator and NFT wallet in next browser
Crypto-powered web browser, Brave, has unveiled its “Roadmap 2.0” — laying out plans for an integrated DEX aggregator and non-fungible…
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Bitfinex and Tether Fined $18.5M in Settlement With NY Attorney General, Both Firms Barred From Trading in the City – Altcoins Bitcoin News
Bitfinex and Tether have been banned from operating in New York and must pay a fine of $18.5 million as…
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Indian banks put crypto traders’ accounts under the microscope
Cryptocurrency traders and investors in India are among the latest casualties in an increasing trend of personal account closures by…
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Solana (SOL), Cosmos (ATOM) buck the trend to hit new highs after protocol upgrades
Bitcoin’s (BTC) sharp correction below $45,000 sent shockwaves throughout the entire market for a second day and many altcoins are…
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Jigstack DAO Acquires Icorating.com Platform to Strengthen Its Token Launch Pad Lemonade – Sharing economy Bitcoin News
A decentralized finance (defi) protocol announced that it officially acquired an initial coin offering (ICO) listing platform. Jigstack, who bought…
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Crossing the crypto chasm: Paving the way to mass adoption
Since its inception in 2009, cryptocurrency has become both a cultural and financial phenomenon. As news headlines tout its ever-increasing…
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Aave and Balancer announce hybrid AMM liquidity pool & lending product
In the latest feat of decentralized finance money Lego magic, lending platform Aave and automated market maker Balancer have teamed…
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Altcoins nurse double-digit losses as Bitcoin bulls fight to retake $49K
Another wave of selling pressure hit the cryptocurrency market on Feb. 23 as Bitcoin struggles to reclaim the $49,000 level.…
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Topps Garbage Pail Kids Blockchain Collectibles Can Be Found at Target and Walmart – Blockchain Bitcoin News
The popular trading card company Topps has just launched the “2021 Garbage Pail Kids Food Fight” series today, and the…
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Bitcoin mining likely didn’t contribute to Texas’ power outages, says expert
Though many Texans are still suffering in the aftermath of a winter storm that left millions without power and running…
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