Blockchain & Cryptocurrency News

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Fri, 22 Jan 2021, 05:48 AM
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Ether (ETH) sets new all-time high as crypto almost doubles its price in less than a month

PUBLISH to roll out decentralized identification system across media industry

PUBLISH is pleased to announce it has successfully completed a closed beta-test of a blockchain-based decentralized identification (DID) platform and is ready to start commercialization. The platform was developed to...

45,000 Bitcoin mining rigs seized in Iran for unauthorized usage of subsidized electricity

The Iranian government is ramping up its efforts of weeding out illegally operating Bitcoin miners in the country. Recently, authorities seized tens of thousands of BTC mining rigs for allegedly using subsidized...

Current Bitcoin (BTC) price still in the 'low end' of bull cycle, says researcher

Bitcoins price started to skyrocket last year as it smashed its previous December 2017 all-time high and even set a new high earlier this month when BTC soared past $41,000. However, the cryptos price was not able to...

Fintech responsibility towards sustainable global finance

The global pandemic has accelerated the shift in how we think about money and spurred a dramatic rise in digital payments. The digital payment market size is expected to reach a value of approximately $12,407.5 billion by...

Bitcoin business could add $2B to PayPal’s revenue by 2023

PayPal made headlines last year with its entry into the crypto space. The move could turn out to be a very profitable one for the payments giant with one analyst saying that the companys Bitcoin business could add $2...

Swiss bourse’s crypto trading volume hits record high of $1.23 billion in 2020

The ongoing Bitcoin (BTC) rally resulted in a massive surge in crypto trading volume in exchanges worldwide. For instance, Switzerlands principal stock exchange revealed that cryptocurrency trading volume on its platform...

Crypto demand from institutional investors fuels a 900% rise in Grayscale’s assets in 2020

The entry of institutional investors into the crypto scene last year has given a massive boost to the major players in the industry. For instance, Grayscale Investments saw a massive 900 percent rise to its assets under...

Ether (ETH) supply drying up as demand for the crypto skyrockets

Bitcoin (BTC) has been getting the most press coverage lately as its soared past $41,000 last week but Ether, the worlds second-largest crypto by market size, has not been slacking off either. In fact, ETH supply has...

Bitcoin (BTC) should be regulated on a global scale, says ECB’s Lagarde

European Central Bank President Christine Lagarde called for the global regulation of Bitcoin, the worlds largest crypto by market cap. The ECB Chief noted that BTC is a highly speculative asset and also expressed her...

eToro facing unprecedented crypto demand from users

The crypto market rally, which started last year and saw Bitcoin briefly rising past $41,000 early this month, continues to this day. While the market retreated last week, it has already recovered some of the lost ground...

ICE’s cryptocurrency exchange Bakkt to go public with $2.1B valuation

Bitcoin futures exchange Bakkt will soon become a publicly-traded company via a merger with VPC Impact Acquisition Holdings. The surviving entity will have a valuation of around $2.1 billion and will be listed at the New...

Business

Bitcoin (BTC) still at the foothills of institutional adoption, says British fund manager Thu, 21 Jan 2021, 14:23 pm UTC

Increasing institutional is often cited as one of the reasons for Bitcoins (BTC), which started last year and saw the cryptos price rose past its previous record and even briefly trading above $40,000. While BTC is...

BlackRock prepares entry into crypto with 2 funds set to invest in Bitcoin (BTC) futures

South Korean fintech firm introduces Bitcoin ‘fear and greed’ index

South Korea’s oldest bank invests into crypto custody consortium

Technology

U.K. hospitals use blockchain technology to track and monitor COVID-19 vaccines Thu, 21 Jan 2021, 12:32 pm UTC

Most investors know blockchain as the technology behind cryptocurrencies such as Bitcoin (BTC) and Ether (ETH). But the new technology is now also being deployed in the fight against the coronavirus pandemic. After more...

Crypto user pockets $4.2M after finding private keys to BTC presumed lost 8 years ago

Digital currencies could challenge SWIFT's dominance, says Central Bank of Russia official

U.K. crypto exchange hackers steal Bitcoin (BTC), XRP, Tether (USDT), Ether (ETH), and ETC worth more than $10M

Investing

Crypto market reaching $2T could encourage more institutional participation Fri, 22 Jan 2021, 05:42 am UTC

Institutions began to enter the crypto market in 2020 as traditional asset managers and banks began to seriously consider Bitcoin and other cryptocurrencies as a hedge against inflation. In fact, the BTC rally which...

Bitcoin (BTC) rises past $38K but the rally is ‘far from done,’ says statistician

Crypto market cap surges past $1 trillion for the first time as BTC soars past %37K

Bitcoin (BTC) moves past $35K and sets new all-time high

Insights

Ether (ETH) could soar to $10,500 with DeFi’s explosive growth on the Ethereum platform Thu, 21 Jan 2021, 07:35 am UTC

Ether, the native crypto of the Ethereum platform, followed its bigger counterpart Bitcoin (BTC) and smashed the previous all-time high (ATH) set three years ago. But a strategist at a major market research company...