Cryptocurrency news
G7 leaders provide advice for central banks on digital currencies
This week, the group of seven advanced economies met to discuss about central bank digital currencies (CBDCs), deciding that they should "cause no damage" and fulfill stringent requirements. On October 13, finance officials from the G7 gathered in Washington to discuss central ba...
Daily Crypto News 13 October
Securities Caroline Crenshaw, a commissioner of the United States Securities and Exchange Commission (SEC), has stated that the "safe harbor" plan would have worsened the difficulties experienced during the 2017 and 2018 ICO boom. “I think the results would have been even wo...
Daily Crypto News 12 October
Bitcoin Despite prices reaching a five-month high, institutional investors are still investing into Bitcoin. This week, more than $226 million in money poured into institutional Bitcoin instruments, according to a study. These instruments led inflows for the third week in a...
Daily Crypto News 11 October
Bitcoin The value settled on the Bitcoin network has recently been rising, reaching a new daily all-time high last week. On Oct. 6, Bitcoin's daily settlement value reached an all-time high, with $31 billion in transactions resolved on-chain via the Bitcoin network. The new...
Daily Crypto News 8 October
Bitcoin On Oct. 7, Bitcoin raised new questions about the robustness of its bull run, as experts anticipated a reversal of Wednesday's short squeeze. BTC/USD was hovering at $54,000, according to data from TradingView, after failing to establish support at the $55,000 level....
Daily Crypto News 7 October
United States Bank of America has published a 140-page analysis on the digital assets market, which includes NFTs, institutional investments, and growth rates. According to the research, the sector is still "new" and has a lot of room for expansion in the future. According t...
Daily Crypto News 6 October
Business Laos has announced a cooperation with Soramitsu, a Japanese distributed ledger technology (DLT) company, to do research on a central bank digital currency (CBDC). According to Nikkei Asia, the project will get out this month, following the signing of a memorandum of...
Daily Crypto News 5 October
Cryptocurrencies Marathon Digital Holdings, a crypto mining business located in the United States, has acquired a $100 million revolving line of credit with Silvergate Bank, which will be paid out in USD and Bitcoin. The credit will be used to buy Bitcoin (BTC) mining equipm...
Daily Crypto News 4 October
El Salvador Salvadoran President Nayib Bukele has announced a $0.20 per gallon decrease in gasoline costs for those who pay with the government-backed Bitcoin wallet Chivo. The discount has no limits, according to Bukele, and any local individual or business may take advanta...
Daily Crypto News 1 October
DeFi Belt Finance claims to have given the greatest bounty in the history of decentralized finance (DeFi) to a white hat hacker who prevented a $10 million bug catastrophe using an automated market maker (AMM) protocol running on Binance Smart Chain (BSC). This week, industr...