Crypto news

Americans’ interest in the cryptocurrency industry has grown significantly in the past year, found a survey by the Winklevoss-run crypto exchange, Gemini. Interestingly, BTC has remained the most popular digital asset, but the results show that US citizens have larger on-average positions in ether, BCH, and LTC. US Appetite for Crypto Rises The past twelve months were somewhat transformative for the crypto ecosystem, with the COVID-19 pandemic serving as the catalyst. This...

Following another steep decline to $47,500, bitcoin has recovered some ground and currently trades around the coveted $50,000 price line. Most alternative coins have also bounced off since yesterday’s massacre, with ETH nearing $2,300 and BNB well above $500. Will Bitcoin Decisively Reclaim $50K? The past week didn’t go according to the BTC bulls’ plan. On Sunday, the primary cryptocurrency plummeted to $51,500. A few days of recovery attempts were halted yesterday as the...

The first PwC Global CBDC Index is designed to measure a central bank’s level of maturity in deploying their own digital currency. The first PwC Global CBDC Index is designed to measure a central bank’s level of maturity in deploying their own digital currency. It provides a synthetic index, capturing the central banks’ progress, stance on CBDC development and public interest in two distinct use cases – retail and interbank/wholesale. Like...

China ist nach eigenen Angaben kurz davor, eine eigene Kryptowährung herauszugeben. Eine Einführung stehe "kurz bevor", sagte der Vizedirektor für den Zahlungsverkehr der chinesischen Notenbank auf einer Konferenz. Foto: Zentrale der PBC in Peking, CC 4.0 by Max12Max, Wikipedia Ändert China die Einschätzung zum Bitcoin? Vor vier Jahren wurde der Handel mit Bitcoins in China...

Does anybody even read TIME Magazine anymore? Who knows? But the magazine seems to believe it can boost readership by pairing up with Crypto.com to ensure that subscribers can pay for their subscriptions with digital currency in the future. TIME is Partnering with Crypto.com The idea of using cryptocurrencies to pay for items has always been a goal of bitcoin’s creators. Those behind the development of digital currencies had always pictured digital assets as payment...

China has had a very up-and-down relationship with bitcoin. The nation has often been rather harsh with the world’s number one digital currency by market cap, and yet in many ways, it holds a large stake in the digital currency market. Much of the world’s bitcoin mining operations stem from China; it houses the two biggest distributors of mining equipment in both Bitmain and Canaan Creative, and it was once one of the world’s largest purchasers of BTC. China Now Seems to...

The Securities and Exchange Commission (SEC) has accused Ripple of “harassment” after its executives were granted access to internal documents from the regulatory body. The documents allegedly contain information about three currencies —BTC, ETH, and XRP, where the SEC classifies the three of them as “digital currencies.” Now the SEC wants to limit access to these documents, claiming they are “irrelevant” to the case. The SEC Asks the Judge To Block Ripple’s Access On April...

The price of bitcoin has taken a horrible turn. The world’s number one digital currency by market cap – after reaching a new all-time high last week following Coinbase’s debut on the Nasdaq – has dropped roughly $8,000 in just a matter of days that has brought the asset down to roughly $55,000 per unit at the time of writing. It was recently trading as high as $63,000. Bitcoin Falls Following an End to Coinbase Hype In addition to bitcoin, other major altcoins including...

The past seven days were marked by considerable declines throughout the entire cryptocurrency market. Almost everything is in the red, with the total capitalization sliding beneath $2 trillion. There’s no other way of putting this – the past week was bad for bitcoin’s price. It was almost all downhill. The cryptocurrency was trading in the range between $61 and $63K last Friday, but things went south quickly as the weekend started. Sunday marked the first big drop where the...

Shortly after launching an investigation against Turkey’s notorious crypto exchange, Thodex, the local police have apprehended 62 people in connection to the company. At the same time, reports claimed that the founder and CEO of the exchange has vowed to refund users and return to Turkey to face justice. 62 People Arrested in Turkey CryptoPotato reported yesterday the developments coming from Turkey in which the third-largest crypto exchange had closed its doors earlier in...