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The Number of Cryptocurrency Wallets Is Growing Exponentially


Wallets are a necessity for cryptocurrency users and their creation is a strong indication of how fast the popularity of decentralized digital money grows. The number of crypto wallets and their users has been increasing rapidly since the creation of Bitcoin. Spikes usually coincide with rising...

Stellar Leads the Top 10 Coins as XLM Price Jumps More Than 10%


In the wave of green that hit the coins in the last 24 hours, Stellar’s XLM took the lead among the top 10 coins as the only one with a double-digit rise. It was a tricky couple of days in the world of crypto, exemplifying just how quickly prices can go from relatively stable to nosedive. The most...

Fiat is a 'Big Thing' for Binance as They Focus More on Fiat Onramp


Fiat-to-crypto conversion is a big thing for Binance, stressed the exchange’s CEO, Changpeng Zhao in his recent livestream. Speaking of fiat onramp, he said that “there’s a lot of initiatives happening,” from fiat gateways to Binance USD (BUSD) stablecoin. Though fiat onramp is something Binance...

Bitcoin Price Struggles to Recover, Altcoins Turned Sell On Rallies


After the crash on Tuesday, bitcoin price started a short term upside correction above USD 8,400. However, BTC/USD struggled to continue above USD 8,800. It is currently (08:00 UTC) trading near USD 8,400, with a bearish angle and negative signs. Similarly, many major altcoins recovered in the past...

Russian Banks: We’ve Found Ways to Tax Crypto Without Changing the Law


Russian bankers and their lawyers appear to have uncovered creative legal loopholes that could let tax authorities in the country tax crypto holders – without even having to change the country’s taxation code. Per a report from Izvestia, the Association of Russian Banks has drawn up a document that...

Monex Offers Crypto Rewards to Shareholders Furthering Japanese Adoption


Owner of popular Japanese crypto exchange Coincheck, Monex Group, has now announced it will reward shareholders in the company with crypto. Shareholders are to receive a BTC dividend provided they have a Coincheck account. With Japan viewed as one of the top crypto adoption hotspots globally,...

Despite Lower Prices, Bitcoin’s Hashrate Remains Strong


People watching cryptocurrency markets have been patiently waiting for prices to rise and the overall sentiment to change. However, one thing that’s been extremely bullish these days is how BTC’s hashrate has doubled in the last three months. Even with today’s sluggish crypto...

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