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XRP skyrocketed on the back of the launch of the Grayscale trust. What's next - even more expensive?

Grayscale, the company that manages cryptocurrency trusts, has announced the launch of the XRP Trust, which has resulted in an 8% increase in the coin's value. The price surged to $0.58, although it remains far from its all-time high of $3.84 reached...

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The slowdown in US inflation isn't bothering bitcoin. But why should it?

On September 11, the U.S. Labor Department released the Consumer Price Index (CPIAn economic indicator used to assess inflation levels and guide monetary policy decisions.) for August 2024. This metric dropped by 0.4%, reaching an annual rate of 2.5%...

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The number of USDT on exchanges is growing: what does this mean for the crypto market?

Since the beginning of August 2024, analysts from CryptoQuant have observed a significant increase in the volumes of the stablecoinA type of cryptocurrency that is pegged to a stable asset like a national currency (e.g., US dollar), gold, or another ...

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Bitcoin may collapse in September: experts explained the reasons why

Experts from 10X Research believe that a 50 basis point (0.5%) cut in the interest rate by the US Federal Reserve during the meeting on September 17-18 could have negative repercussions for the cryptocurrency market. According to the firm's analysts,...

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Kabosu, the legendary meme dog who became the face of Dogecoin, has died

Shiba Inu, who became the face of the meme cryptocurrency Dogecoin, passed away on May 24 at the age of 17. His owner Atsuko Sato announced this news on her official blog (via Cointelegraph), expressing deep gratitude for the love and support Kabosu ...

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On Prozorro for the first time put up a lot with bitcoin - the price for 0.146 BTC starts at ₴188 thousand.

For the first time in the Ukrainian electronic public procurement system Prozorro, an online lot with cryptocurrency has been put up for auction. The starting price for 0.146 BTC starts at ₴188 thousand, while the actual market value exceeds ₴350 th...

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Vinapse founder Changpeng Zhao to spend 4 months in jail - over 'inadequate protection' against crypto exchange money laundering

Zhao pleaded guilty in November, and on April 30, he received a sentence of 4 months in prison. "You had the financial means and authority to ensure compliance with each individual regulatory act, but you did not take advantage of this opportunity,"...

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Bitcoin updated its historical maximum - the price for the coin reached $69.2 thousand.

On Tuesday, as a result of high demand for Bitcoin ETFs, the flagship cryptocurrency once again jumped in price, updating its own historical record to $69.2 thousand (in November 2021, the coin was valued at $68.9 thousand). As noted by Reuters, si...

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Bitcoin has surpassed $65k, the highest since late 2021

The record level of Bitcoin at $68,999 was set in November 2021. Currently, the flagship cryptocurrency is trading at $65,527. As Reuters notes, just this year Bitcoin has doubled in value, with much of the growth occurring in recent weeks - thanks...

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"Bullish" bets on Dogecoin hit record $1 billion - meme coin up 40%

Traders continue to use meme coins as stakes in the Ethereum and Solana blockchain ecosystems, driving Dogecoin futures to record levels. As Coindesk notes, bullish bets on Dogecoin reached a record $1 billion, with almost 70% of the bets being long...

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Bitcoin exceeded $60 thousand - for the first time in 2 years. Investors predict a new historic high in the coming weeks

Bitcoin was last trading above $60,000 in November 2021 - shortly after it reached its all-time high. According to CoinMarketCap data, the flagship cryptocurrency has risen by more than 13% on a weekly chart and by 37% in the last month. Currently, ...

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Sam Benkman-Fried's parents say he's "too naive" for prison and pleaded with the judge to commute his sentence

Relatives of the former owner of the bankrupt cryptocurrency exchange FTX begged the judge to reduce the sentence, claiming that Sam's naivety could pose an "extraordinary danger" for him behind bars, Business Insider reported. "I sincerely fear for...

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DPRK hackers hacked a record number of crypto platforms and stole more than $1 billion last year

Attack more, steal less - this is the tendency of activity of crypto-hackers from North Korea as traced in Chainalysis report. In 2023, hackers related to North Korea hacked a total of 20 crypto-platforms - a record level of activity in the last 7 y...

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Bitcoin rose to $49k (its highest since 2021) after the ETF was approved, and collapsed to $46k in an hour.

On Wednesday, after the approval of Bitcoin ETFs in the US, the main digital currency briefly rose by 6.7% to $49,021 - for the first time since December 2021. The price of Ethereum increased by 5% - to the May maximum of 2022. The token tied to Pol...

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Ilon Musk considers using bitcoins on 'colonized Mars'

Against the backdrop of approval of Bitcoin ETFs in the US, a billionaire joined the conversation in Space on X with ARK Invest CEO Cathie Wood and discussed the possibility of using cryptocurrency on Mars. At first, he perceived the idea of using b...

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