Crypto news

In just three weeks, roughly one-third of El Salvador’s population has started to employ the Bitcoin wallet Chivo actively. As such, the country’s president updated that more people will soon be using the app than they have bank accounts in all local banking organizations combined. The smallest and most densely populated Central American country made history earlier this year when it announced it will legalize bitcoin within its borders. The move received many controversial...

After the relatively positive Saturday, the bears have returned to the market and pushed bitcoin south to below $41k. The alternative coins have also suffered badly, with ETH dropping beneath $2,800. Update: shortly after the first publishing of this market update, Bitcoin managed to recover from the massive dump – which resulted in a current daily low of $40.8k, according to Bitstamp. The primary cryptocurrency saw a decent recovery: In less than one hour, BTC spiked almost...

LBank Global 2021 Dubai Conference will be officially held at JW Marriott Marquis at 6:30 pm on 29th Sep 2021. Many industry experts will attend the conference. List of guests present: Allen Wei： As early as 2015, Allen participated in the creation of the LBank team, served as the product director during the start-up period, and was responsible for the early construction of the LBank team. Since then, he has been focusing on blockchain investment and project research. At...

During a period of major corporate and institutional interest in the crypto industry, nearly 5,000 new tokens have emerged in the last 12 months, averaging over 10 new coins per day, new data shows. Cryptocurrency Boom of 2021 As can be observed on CoinMarketCap’s homepage, the number of existing cryptocurrencies has recently surpassed 12,000. This is well over the approximately 7,100 coins recorded by the site in September of last year, meaning that at least 4,900 new...

The strategic partnership aims to introduce Cardano’s blockchain technology to DISH’s telecom services, likely to boost Cardano’s adoption and benefiting DISH’s users with 8 million digital identities (D.I.D) on phones satellite. DISH and Cardano Speaking at the Cardano Summit 2021, Hoskinson said that while the main idea was to create a network where users can move seamlessly from one space to another, the underlying business infrastructure has remained “ossified.” “We think...

Teenagers in India are becoming the world’s newest cryptocurrency fans. India Has Had a Weird Relationship with Crypto India has had a very up and down relationship with digital currency. In the year 2018, for example, the nation’s central bank decided that crypto companies could not get access to bank accounts, and that standard financial institutions would not be permitted to work with any firm that delved in bitcoin or blockchain technology. After two years, however,...

Digital trading platform Robinhood is unveiling a new line of crypto wallets. The company has gotten heavily into the digital currency space over the past few years and is allegedly looking to capitalize on its newfound popularity in the field. Robinhood Is Pushing Its Crypto Division Forward The wallets will be rolled out in phases. In the beginning, they will only be available to select customers, though Robinhood has stated that should things work accordingly, the...

Ark Investment Management has doubled down on its support for the social media platform led by Jack Dorsey. Interestingly, the latest substantial shares purchase came just a day after Twitter announced it would enable BTC tips. As reported by Benzinga, Cathie Wood’s investment manager has purchased nearly 124,000 shares of Twitter on Friday. With the TWTR closing prices, this amount equaled $88.74 million. Ark Invest used two of its most popular ETFs – the Ark Innovation ETF...

Portal – a layer two wallet system and cross-chain decentralized exchange centered around bitcoin – has received approximately $8.5 million in new funding from Coinbase, one of the world’s most popular digital currency platforms. Portal works to establish defi products using bitcoin that cannot be censored and enables private cryptocurrency trades. Portal Snags a Lot of Dough In addition to Coinbase, funds came by way of some of the biggest capital venture funds in the...

According to a survey, approximately every third swing state resident would like to see local authorities legalizing cryptocurrencies as a payment option. While general support towards private digital currencies is on a high level, the locals still need to learn more, the research revealed. Texas and Wisconsin Rank First The London-based polling firm Redfield & Wilton Strategies conducted a survey among over 9,700 eligible voters in 10 swing US states to determine their...