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Gift to Pope Francis Sold as NFT Raises $80,000 for Afghanistan
16.1.2022
A carpet presented by the United Arab Emirates as a gift to the head of the Catholic Church a few years ago has been sold in the form of NFT. While the original remains in the Vatican, its digital representation has been successfully used to collect funds for the people of Afghanistan. NFT...
Illicit Activity’s Share in Crypto Shrinks, 'Significant Problem' Remains
6.1.2022
The growth of legitimate crypto usage is far higher than that of illicit usage, according to blockchain analysis company Chainalysis. However, illicit activity is still “a significant problem.”
“Transactions involving illicit addresses represented just 0.15% of cryptocurrency transaction...
Ethereum Hashrate Taps Record-Setting 1 Petahash as ETH’s Mining Profitability Remains High
28.12.2021
20 days ago, Ethereum’s network participants upgraded the protocol and implemented the Arrow Glacier upgrade. The move delayed Ethereum’s “Ice Age” proof-of-stake (PoS) transition for another six months and this week, the network’s hashrate tapped all-time highs....
Bitcoin’s Hashpower Remains High, Up 163% in 5 Months, Foundry USA Commands Top Mining Pool
23.12.2021
The hashpower behind the Bitcoin network has continued to stay above the 180 exahash per second (EH/s) zone after recently reaching a lifetime high. Five months ago the hashrate tapped a low at 69 EH/s and since then, the hashpower has increased by 163% during the last 178 days, or five months ago....
Bitcoin ETFs in Europe & Canada Remain Popular Even With US ETFs Widely Available
22.12.2021
Interest from investors in bitcoin (BTC)-backed exchange-traded funds (ETFs) and the closely related exchange-traded products (ETPs) listed in Canada and Switzerland has remained high, despite bitcoin futures-backed ETFs now being available in the US, trading data compiled by Cryptonews.com...
FATF guidance on virtual assets: NFTs win, DeFi loses, rest remains unchanged
11.12.2021
The Financial Action Task Force has laid out its perspective on crypto, including its views of nonfungible tokens and decentralized finance
Solana reportedly hit by DDoS attack but network remains online
10.12.2021
The Solana blockchain has reportedly suffered another DDoS attack that temporarily clogged the network, however the network appeared to remain online
Bitcoin holds $50K as analyst says weekly timeframes confirm bull market remains intact
8.12.2021
There's no reason to discount the Bitcoin bull run yet, longer-term price data shows, but faith in an end-of-year rebound is thin
Zimbabwe Central Bank Chief: ‘We Don’t Believe in Cryptocurrencies’
8.12.2021
The Reserve Bank of Zimbabwe remains opposed to cryptocurrencies but is interested in developing its own digital currency, its governor has said. Central Bank Does Not Believe in Cryptos The governor of the Reserve Bank of Zimbabwe (RBZ), John Mangudya, has said his institution is interested...
Bitcoin Remains At Risk, Ethereum, Small Altcoins Try to Recover
24.11.2021
Bitcoin price failed to gain pace above the USD 58,000 resistance zone. As a result, BTC started a fresh decline and traded below USD 56,500. It is currently (04:31 UTC) back above this level but still showing bearish signs and it could accelerate below USD 56,000....
Read More: Bitcoin Remains...
Opposed to Bitcoin Payments, Bank of Russia Says State Should Not Stimulate Spread of Cryptocurrencies
20.11.2021
Cryptocurrencies are anonymous and the government shouldn’t encourage their spread, the head of Bank of Russia has insisted. The regulator remains firmly opposed to the legalization of bitcoin and the like as a means of payment in the Russian Federation. Bank of Russia Reiterates Negative...
Egyptian Billionaire Remains Bullish on Gold, Says It’s Wrong to Compare Precious Metal to Bitcoin
14.11.2021
Egyptian billionaire Naguib Sawiris has said he remains bullish on gold and has no intention to invest in cryptocurrencies like bitcoin because such investment is a very risky business. Sawiris Says Gold Still Safe-Haven Asset In his remarks published by The National News, the billionaire reveals...
Dogecoin (DOGE) Surpasses Shiba Inu and Remains Bullish
9.11.2021
The sudden rise of Shiba to a notch above Dogecoin was a shocking blow to the price action in the last month. The sudden development of buying sentiment at Shiba woke the Dogecoin lovers, and we witnessed a strong comeback of Dogecoin in October 2021. To this date, DOGE has delivered a return...
Coinbase Lets Customers Borrow up to $1 Million Using Bitcoin as Collateral
3.11.2021
The Nasdaq-listed crypto exchange Coinbase is now letting customers borrow up to $1 million using bitcoin as collateral. The company charges 8% APR but there is no credit check. The exchange said that the bitcoin used as collateral “remains safely held by Coinbase,” emphasizing...
JPMorgan Sees ‘Bullish Outlook’ for Bitcoin as Inflation Concerns Push BTC Price Higher
24.10.2021
Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs into bitcoin funds, the firm noted, “The flow...
The Ongoing Effort to Free Ross — Ulbricht’s Clemency Petition Closes in on Half a Million Signatures
16.10.2021
As the end of 2021 nears, Ross Ulbricht remains in prison as he continues to serve his draconian double-life prison sentence for creating a website called the Silk Road. Ever since he was arrested, there’s been an ongoing effort to free Ulbricht, as a great majority of individuals and...
Bitcoin Remains Supported, Ethereum Inches Higher, DOT Rallies
14.10.2021
Bitcoin price gained pace above the USD 57,500 level. BTC even surpassed USD 58,000, but it faced hurdles near USD 58,500. There was a minor downside correction and the price is currently (12:04 PM UTC) attempting a fresh increase.
Besides, most major altcoins are showing positive signs. ETH is...
USD 1.8M Worth of Crypto & Fiat Remains in Limbo in South Korea
11.10.2021
s of exchanges were forced to close on September 25 after the nation imposed some of the strictest rules in the world on trading platforms. They were forced to obtain information security management system (ISMS) certification from the government’s IT agency in order to offer crypto-to-crypto tradin
Bitcoin bears risk getting trapped if BTC price remains above $50K — Here's why
7.10.2021
Hash rate, supply shock, and U.S. credit risk are likely the causes for the BTC rally
Bitcoin price dips are being ‘bought up strongly’, but a $50K close remains key
4.10.2021
Analysts identify the key levels BTC needs to hold in order to see continuation above $50,000