Hester Pearce, Commissioner of the U.S. Securities and Exchange Commission (SEC), believes that the cryptocurrency market is becoming more mature due to the fact that more companies from the world of classical finance, i.e. institutional investors, are entering it. She points…
Saturday was a fitting continuation of a spectacularly bullish week for XRP coin. The token gained 40% overnight and more than 135% over the week. During the day the coin tested its highest levels in three years in the area. $1,42.…
Interest in the precious metal is declining rapidly as bitcoin’s status as digital gold strengthens. Bitcoin has gained ground at $59,500 as the appeal of gold, which is already nearing a nine-month low, declines. According to Bloomberg, the precious metal is…
The co-founder of analytics company Glassnode named the No. 1 major trends in Bitcoin mining. Raphael Schulze-Kraft, co-founder of analytics company Glassnode, named the main trends that bitcoin mining has today. Thus, he noted that the hash rate for this cryptocurrency…
The Block’s head of market research, Larry Kermack, spoke about his forecast of the financial result of the largest American crypto exchange Coinbase for the first quarter of this year. Evaluating the intensity of trading transactions that passed through Coinbase during…
The Ripple team announced on March 29 that it is acquiring a 40% stake in Tranglo, a company that develops infrastructure solutions for international payments. The market for Ripple’s native token, XRP, showed an upward trend a few days later: after…
The revenue growth dynamics of the cryptocurrency #1 is higher than that of Ethereum miners. At the end of March, Ethereum miners were able to record an all-time high in revenue of $1.38 billion. In February, this figure also showed a…
China is gradually approaching the full-fledged launch of a digital version of its national currency cryptoyuan: in October, the authorities handed out 10 million digital yuan to residents of the country. The center of the campaign was the city of Shenzhen,…
At the end of last year, the market was flooded with a wave of IDOs, which are held on decentralized exchanges and projects’ own sites. Under the guise of promising projects, scammers raise millions, and then simply disappear. An alternative to…
The head of the Bank for International Settlements (BIS), Augustine Carstens, believes that: “CBDCs, that is, digital currencies that some countries’ central banks have already started issuing, being liabilities of such regulators, demonstrate unique capabilities. Unlike CBDCs and CBDC’s rapid payment…
The oldest US bank, BNY Mellon, presented a report that analyzes the price assessment of bitcoin. For the lending institution, the issue became particularly interesting after it supported a startup developing a custodial service for cryptocurrencies. The institution’s four analysts compared…
Abkhazia authorities’ policy of detecting illegal mining farms has led to mass migration of cryptocurrency miners to Russia. Cryptocurrency miners from Abkhazia are leaving the region because local authorities have opened a hunt for those who earn by mining digital assets.…