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  • New BHUNT Malware Targets Cryptocurrency Wallets via Software Installs
    Bitcoin News - 1 hour ago
    Bitdefender, a cybersecurity and antivirus company, has detected BHUNT, a new kind of malware that targets cryptocurrency wallets via software installs. The malware works on top of installs of unsecured or cracked software, that already comes packaged with the system to be deployed on desktop environments. Once installed, the software extracts passphrases and seeds from […]
  • Iran to Pilot ‘National Cryptocurrency,’ Considers Blockchain Tech for Stock Market
    Bitcoin News - 4 hours ago
    The Central Bank of Iran soon plans to launch the pilot phase of its digital currency project, an official unveiled. The Islamic Republic hopes to a join a growing club of nations that want to take advantage of having a sovereign coin, while it also seeks to implement blockchain technology in other areas. Iran to […]
  • Botswana Cryptocurrency Regulation: Government Set to Present Virtual Asset Bill to Parliament
    Bitcoin News - 7 hours ago
    The Botswana government is set to present a “Virtual Asset Bill” to the country’s parliament, a move that could see it become one of the first countries in Africa to have laws regulating cryptocurrencies. Preventing the Proliferation of Risks Associated With Cryptos A Botswana government draft document that proposes to regulate new and […]
  • Robinhood Begins Rolling Out Crypto Wallets to Select Customers
    Bitcoin News - 9 hours ago
    Trading platform Robinhood has begun rolling out crypto wallets to 1,000 customers. Users can send and receive their cryptocurrencies from Robinhood to external crypto wallets, the company explained, adding that by March, 10,000 customers will be testing the wallets before rolling out to the rest of the waitlist. Robinhood Lets 1,000 Customers Test Its […]
  • NYC Mayor Eric Adams Converts First Paycheck to Bitcoin and Ether via Coinbase
    Bitcoin News - 11 hours ago
    The mayor of New York City, Eric Adams, has received his first paycheck in bitcoin and ether via Coinbase. “Promise made, promise kept,” the mayor said, referring to his promise to take his first three paychecks in cryptocurrency. Mayor of New York City Takes Paycheck in Cryptocurrency With the Help of Coinbase New […]
  • Indonesian Religious Organization Issues Decree Forbidding Use of Crypto by Country’s Muslim Population
    Bitcoin News - 13 hours ago
    Indonesia’s Tarjih Council and the Central Executive Tajdid of Muhammadiyah have issued a fatwa (decree) stipulating the illegality of cryptocurrency use or investment by the country’s Muslims. The fatwa points to the volatility as well as the lack of state backing as reasons why Muslims must avoid investing or using cryptocurrencies. Cryptocurrencies Thought to […]
  • Sustainable Bitcoin Miner, Merkle Standard Buys 13,500 BITMAIN Mining Rigs for Eastern Washington Flagship Site
    Bitcoin News - 13 hours ago
    PRESS RELEASE. Irvine, California, January 21, 2022: Merkle Standard, a sustainable digital asset mining platform, announced a new miner purchase order from Bitmain Technologies Limited. The executed purchase agreement is for 13,500 mining rigs from the leading ASIC mining manufacturer and aligns with Merkle Standard’s goal of becoming the industry’s most efficient and sustainable miner. […]
  • Report: A16z to Raise $4.5 Billion for Crypto Investments
    Bitcoin News - 15 hours ago
    A16z, a leading VC company in crypto, is reportedly ramping up its investments in the field this year. The company is said to be looking for $4.5 billion to invest in different cryptocurrency-related funds. This amount more than doubles the entire amount the company invested in crypto last year. A16z to Double Down on […]
  • Bitcoin Mining Difficulty Reaches Lifetime High, It’s Now More Difficult Than Ever Before to Find a Block Reward
    Bitcoin News - 17 hours ago
    Following the drop in value during Thursday evening’s trading sessions, Bitcoin’s mining difficulty rose to a lifetime high, reaching 26.64 trillion after jumping 9.32% at block height 719,712. The mining difficulty’s all-time high (ATH) is now higher than the ATH it reached on May 15, 2021, which means it is currently more difficult than ever […]
  • These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022
    Bitcoin News - 19 hours ago
    A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago. Moreover, the most valuable cryptocurrencies in terms of U.S. dollars per unit have also changed, and the top ten most expensive coins have shifted. The […]
    • Altcoin Roundup: 3 emerging P2E gaming trends to keep an eye on in 2022
      Cointelegraph.com News - 12 hours ago
      The hype that sparked rapid growth in blockchain-based play-to-earn games in 2021 has begun to dissipate, but here are three projects focused on bringing fresh blood to the ecosystem. Blockchain-based play-to-earn (P2E) gaming had a breakout year in 2021, and as the cryptocurrency ecosystem evolves in 2022, the P2E gaming sector and those that invest in it will need to consider what the next steps are. During bull markets, vaporware, speculation and euphoria can lead to unrealistic valuations and expectations, and this appears to also have impacted the P2E sector.Now that the hype is “over,” investors and developers will need…
    • The life cycle of smart contracts in the blockchain ecosystem
      Cointelegraph.com News - 12 hours ago
      The life cycle of smart contract development involves crucial steps: create, freeze, execute and finalize. Can a smart contract be destroyed?Yes, smart contracts can be destroyed using the selfdestruct function.Ethereum smart contracts provide a selfdestruct function that allows them to destroy a contract on the blockchain system. It is, however, a two-edged sword for developers. On the one hand, the selfdestruct function allows developers to delete smart contracts from Ethereum and transfer Ether in the event of an emergency, such as an attack. On the other hand, this function might add to the development’s complexity and provide an attack channel…
    • Bitcoin falls to $36K, traders say bulls need a ‘Hail Mary’ to avoid a bear market
      Cointelegraph.com News - 13 hours ago
      BTC price dropped to new lows at $36,000, leading analysts to call for a “Hail Mary close above $39,600” to stave off a bearish shift in Bitcoin’s market structure. Bitcoin (BTC) price continues to sell-off and the knock-on effect is an even sharper correction in altcoins and DeFi tokens. At the time of writing, BTC price has sank to its lowest level in 6 months and most analysts are not optimistic about an immediate turn around. Data from Cointelegraph Markets Pro and TradingView shows that a wave of selling that began late in the day on Jan. 20 continued into midday on Friday…
    • SEC rejects MicroStrategy's Bitcoin accounting practices: report
      Cointelegraph.com News - 13 hours ago
      The business intelligence firm has reported it used non-GAAP methods of calculating figures for its BTC buys excluding the “impact of share-based compensation expense and impairment losses and gains on sale from intangible assets.” Business intelligence firm MicroStrategy reportedly acted contrary to the Securities and Exchange Commission’s accounting practices for its crypto purchases.According to a Bloomberg report, a comment letter from the SEC released Thursday showed the regulatory body objected to MicroStrategy reporting information related to its Bitcoin (BTC) purchases based on non-GAAP, or Generally Accepted Accounting Principles. The business intelligence firm has been reporting it used these methods of…
    • Redditors share their thoughts on buying Bitcoin at all-time highs
      Cointelegraph.com News - 13 hours ago
      General consensus seems to be that it’s been all downhill both before and after Bitcoin’s recent 13th birthday. Many crypto enthusiasts turned to social media on Friday to voice their frustrations with the state of the crypto market. One Reddit user named imyourkingg allegedly invested 30% of his net worth into Bitcoin (BTC) a few months ago, saying:”I don’t need this money for the next 5 to 10 years, but I have to admit sometimes I get so afraid of Bitcoin’s future; I mean it crashes or never reach $100k, $200k as the predictions for 2025+ says or at least $55k…
    • MetisDAO TVL surges by 99,800% as the layer-2 race heats up
      Cointelegraph.com News - 15 hours ago
      The total value locked on Metis rose by 99,881% in a month after the layer-two project integrated with numerous DeFi protocols and cross-chain bridges. Attracting liquidity has become a de facto arms race in the growing decentralized finance (DeFi) landscape. Projects constantly battle to attract investors’ funds by offering enticing yields for crypto holders willing to take a risk and lock up their assets, and protocols use these funds to build out their products and attract attention from larger investors. One protocol that has been gaining traction in the total value locked (TVL) race is MetisDAO, a layer-two rollup platform designed…
    • Bulgaria's finance minister says the country is exploring crypto payment options: Report
      Cointelegraph.com News - 16 hours ago
      The government official added that he thought Bulgaria was unlikely to become a major hub for crypto miners, many of whom many are reportedly considering leaving Kazakhstan. Assen Vassilev, Bulgaria’s deputy prime minister for EU Funds and minister of Finance, said the EU member nation is exploring options for rolling out a crypto payment mechanism.According to a Friday Bloomberg report, Vassilev said the government was in discussion with the Bulgarian National Bank as well as industry players to explore crypto payments “in the short to medium term.” However, he added that Bulgaria was unlikely to become a major hub for…
    • NFTs and compliance: Why we need to be having this conversation
      Cointelegraph.com News - 16 hours ago
      With the huge growth in the NFT industry, the time is right to take a look at NFTs from a compliance and regulatory perspective. “Good people do not need laws to tell them to act responsibly, while bad people will find a way around the laws.” — PlatoThe above quote has withstood the test of time. Across industries, markets, communities and ideas, people ultimately will find a way to either do good or at worse, wrong. Nonfungible tokens (NFTs) and crypto are certainly no exception to the rule. The industry is exploding — overflowing even — with endless drops, jaw-dropping…
    • A key Ethereum price metric hits a 6-month low as ETH falls below $3K
      Cointelegraph.com News - 16 hours ago
      ETH price has been in a downtrend for three months, and derivatives data shows pro traders are almost ready to throw in the towel. Ether (ETH) price lost the $3,600 support on Jan. 5 as minutes from the Federal Reserve’s December Federal Open Market Committee meeting showed that the regulator was committed to decreasing its balance sheet and increasing interest rates in 2022.Even with that looming overhead, Ethereum has problems of its own — more specifically, the ongoing $40 and higher average transaction fees. On Jan. 3, Vitalik Buterin said that Ethereum needs to be more lightweight in terms of blockchain…
    • Reuters: Binance was withholding information from regulators, repeatedly shunned own compliance department
      Cointelegraph.com News - 16 hours ago
      According to the investigation, the world’s largest crypto exchange pursued growth while dodging regulatory scrutiny. In a report published on Friday, Reuters laid out the findings of its investigation into the regulatory compliance practices of Binance, the world’s largest cryptocurrency exchange by trading volume.The authors suggest the existence of a recurring pattern whereby the company’s CEO Changpeng Zhao, while proclaiming its openness to government oversight, ran an organization that systematically denied regulators’ requests for financial and corporate structure information and shirked proper client background checks.The reported findings are based on the accounts of Binance’s former senior employees and advisers, as…
    • Price analysis 1/21: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE
      Cointelegraph.com News - 17 hours ago
      Bitcoin and most major altcoins are close to breaking below critical support levels and traders’ reluctance to buy in the current range could exacerbate the sell-off. Bitcoin (BTC) and most major altcoins continue to witness a bloodbath on Jan. 21 and the result of the most recent downturn has been a $200 billion reduction in market capitalization. A new report by Huobi Research, in collaboration with Blockchain Association Singapore, forecast Bitcoin to enter a bear market in 2022. The liquidity tightening measures undertaken by the U.S. Federal Reserve and other central banks across the world and the regulatory action by authorities could…
    • Crypto-loving anti-vax group seeks like-minded talent to live in African 'paradise'
      Cointelegraph.com News - 18 hours ago
      It’s unclear what role crypto may play in the community, given that Tanzania’s central bank banned digital assets in November 2019. A group of people who have claimed they refuse to take any of the COVID-19 vaccines — at a time when the number of cases around the world is at an all-time high — is reportedly looking for a cryptocurrency expert to join them in Africa.According to a Friday report from Vice, the group of anti-vaxxers is building a “community” off the coast of southeastern Africa and plans to hire private chefs, television presenters and crypto experts. The company…
    • Does a Fed digital dollar leave any room for crypto stablecoins?
      Cointelegraph.com News - 18 hours ago
      Could stablecoins be undone by a Federal Reserve that takes consumer deposits? Would retail banks be hobbled? During Jerome Powell’s Jan. 11 United States Senate confirmation hearings, Sen. Patrick Toomey posed a question to the incumbent-and-future Federal Reserve chief: “If Congress were to authorize and the Fed were to pursue a central bank digital dollar, is there anything about that that ought to preclude a well-regulated privately-issued stablecoin from co-existing with a central bank digital dollar?”“No. Not at all,” the central banker answered — a response that surely brought some relief to the crypto community. At least the Fed wasn’t seeking…
    • Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing
      Cointelegraph.com News - 19 hours ago
      While we are unlikely to see immediate policy effects of the exchange, legislators got educated on a wide array of blockchain-related concepts and issues. On Jan. 20, the Oversight and Investigations subcommittee of the U.S. Congress House Energy and Commerce Committee convened a hearing to investigate the environmental effects of cryptocurrency mining. Despite the narrow focus, the conversation that ensued — which many industry experts appraised as a meaningful educational experience for the lawmakers — touched upon a range of blockchain-related issues and themes beyond energy consumption. Here is how it went down, and what comes next.Witnesses set the frameFollowing…
    • Boston nurse fired for nudes on OnlyFans launches crypto porn app
      Cointelegraph.com News - 21 hours ago
      Former Boston ICU nurse Allie Rae made international news in August last year after she was fired for running an extremely naughty OnlyFans account on the side. The story appeared everywhere from the NY Post to CNN and The Daily Beast and she even made an appearance on Dr. Phil.The resulting publicity saw fans subscribing in droves, and the 37-year-old mother of three now makes more than $200,000 a month.But the same sort of moralizing and censorship that ended her nursing career also threatens her newfound wealth from OnlyFans. Just six days after her story was made public, OnlyFans announced…
    • Crypto Twitter responds to Bitcoin dump: ‘Ok cool’
      Cointelegraph.com News - 21 hours ago
      Twitter users reacted to the most recent Bitcoin price dump below $40,000 with various levels of emotion. Bitcoin (BTC) has dumped below 40,000, wiping out almost $50 billion from the crypto market cap. Even without any particular news to blame, Crypto Twitter still won’t let the dump slide without reacting in its own colorful ways.Lark Davis, a crypto figure with almost a million Twitter followers asked his audience: “Are you buying anything on this dip? Or waiting for clarity if we go lower or higher?” User french b happily replied that he’s too broke to do anything at this point. Been…
    • CasperLabs to become blockchain of choice for the city of Fuzhou, China
      Cointelegraph.com News - 21 hours ago
      CasperLabs is building an open-permissioned blockchain protocol and will be a service provider to China’s Blockchain-based Service Network. On Friday, CasperLabs, a blockchain software firm, announced a partnership with China’s Blockchain-based Service Network (BSN). Through the agreement, which has been minted as a nonfungible token (NFT) as a sign of commemoration, Casper Network will be added as the blockchain of choice to the Fuzhou City Chain for use in public and private crypto infrastructure developments in the region — dubbed “Fuzhou Chain powered by Casper.” RockTree Capital, an investment company based in New York, played a critical role in bringing…
    • Nations to adopt Bitcoin, crypto users to reach 1B by 2023: Report
      Cointelegraph.com News - 21 hours ago
      Global crypto users could top a billion by the end of 2022, according to a new report by Crypto.com. There’s a beacon of hope for battered Bitcoin (BTC) bulls. A promising report from Crypto.com predicts that global crypto users could reach one billion by the end of 2022.The report reaches the conclusion that a combo of developing nations copying El Salvador’s orange-pilled example and a “friendlier stance” towards the crypto industry means that “Nations can no longer afford to ignore the growing push towards crypto by the public.”Looking back on 2021, the global crypto population increased by 178% in 2021,…
    • 3 wildest theories explaining $500B crypto market crash
      Cointelegraph.com News - 22 hours ago
      Crypto proponents point their finger to the Fed interest rate hike, Wall Street and Russia as the prominent reasons behind the $500 billion crypto market wipe off. The crypto market lost over $500 billion in combined market capitalization earlier Friday. The market bloodbath led to over $700 million in liquidation as top crypto assets bled heavily. Bitcoin (BTC) fell below the critical support level of $40 thousand while Ether (ETH) also lost $3 thousand support.At a time when crypto proponents are debating whether the crypto market has entered a bear phase, many wild theories flooded the internet to make sense…
    • Here are levels to watch as Bitcoin fights to avoid $30K July repeat
      Cointelegraph.com News - 22 hours ago
      Bitcoin price action visits levels below $38,000 for the first time since August as losses continue to mount. Bitcoin (BTC) could well continue falling in the short term now that $40,000 support has disappeared, fresh analysis warns.In its latest market update on Friday, trading suite Decentrader analyst Filbfilb raised concerns that the day’s $290 million in liquidations was not enough to avert a fresh tumble.Next stop: $33,000 if leverage unwindsAfter reversing at $38,250 overnight, BTC/USD looked decidedly unhealthy at the time of writing, putting in fresh lows prior to the Wall Street open. Cross-crypto liquidations passed $720 million on the day,…
    • New research expects a gloomy year for Bitcoin as DeFi and DAOs rise
      Cointelegraph.com News - 22 hours ago
      On the brighter side, DeFi will continue to expand and adapt, with DAO governance eventually becoming a major driver of activity. Another major player in the cryptocurrency world is forecasting a dismal year for Bitcoin (BTC) in 2022. Following the United States Federal Reserve’s and other central banks’ tightening of liquidity measures, Huobi Research believes that BTC will enter a bear market. On the brighter side, decentralized finance (DeFi) will continue to expand and adapt, with decentralized autonomous organization (DAO) governance eventually becoming a major driver of activity on the chain.Bitcoin and Ether (ETH) prices plummeted on Thursday night on the…
    • Turkish and Salvadoran presidents meet, Bitcoiners left disappointed
      Cointelegraph.com News - 22 hours ago
      The Turkish president welcomed Nayib Bukele to Ankara for an official state visit. Anyone expecting a Bitcoin talk left disappointed. Bitcoin (BTC) took more than just a beating in the markets. The orange coin got the cold shoulder as Turkish President Recep Tayyip Erdoğan welcomed his Salvadoran peer Nayib Bukele in the capital of Turkey to talk about a number of topics. While Bitcoin failed to be a talking point, it did not stop the Twitter rumor mill from going into overdrive. As part of the state visit, Bukele and Erdoğan kicked off with an official ceremony. Shortly afterward, they inaugurated the…
    • Crypto taxation could deter investors, says Thai ruling party MP
      Cointelegraph.com News - 1 day ago
      Thai ruling party MP calls for due diligence from Excise Department to study the crypto market carefully before imposing any tax. Thailand’s Committee on Monetary Affairs, Finance, Financial Institutions and Financial Market conducted a virtual meeting to discuss various aspects of crypto taxation.Ruling party member of parliament Watanya Wongopasi posted a summary of the discussion on her Facebook page and urged the Excise Department to do its due diligence before imposing any tax on the crypto trading market.In the meeting, Paiboon Nalinthrangkurn, chairman of the Federation of Thai Capital Market Organizations, noted that a tax on stock trading and digital asset trading…
    • Bitcoin fundamentals diverge from BTC price dip as difficulty hits new all-time high
      Cointelegraph.com News - 1 day ago
      Difficulty follows the hash rate to hit levels never seen before, underscoring miners’ faith in long-term profitability. Bitcoin (BTC) may have tanked to six-month lows this week, but under the hood, the network is now verifiably stronger than ever.Data from on-chain monitoring resources including Glassnode and BTC.com confirms that as of Friday, the Bitcoin network difficulty is at a new all-time high.Difficulty passes 26 trillion for the first timeThe difficulty, which expresses how much miners need to work to solve the equations to process transactions on the blockchain, is arguably the most important of fundamental Bitcoin network components.The metric automatically adjusts…
    • Blockchain meets activity tracking: Project rewards healthy habits with tokens
      Cointelegraph.com News - 1 day ago
      Medical professionals have developed ways to track and store personal health data securely within the blockchain. Blockchain use cases continue to grow as the world learns about the benefits that it brings. Apart from bringing financial innovations like the ability to do peer-to-peer transactions, blockchain now makes its way to the health industry.Health specialists created a method to track and store health data using blockchain technology. Rosanne Warmerdam, the CEO of Health Blocks, told Cointelegraph that her team had developed a way for users to generate and store patients’ health data without sacrificing their privacy and security. “We wanted to start…
    • Crypto liquidations pass $700M as altcoins take a hit from Bitcoin sinking below $40K
      Cointelegraph.com News - 1 day ago
      Pain for Bitcoin and altcoin investors alike as a fresh cascade sees $40,000 support disappear. Bitcoin (BTC) stayed lower on Friday after an overnight bout of volatility sent the largest cryptocurrency to six-month lows.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$40,000 optimism unwindsData from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing at $38,250 after shedding over $4,000 in hours.Circling $39,000 at the time of writing, traders were reeling from the sudden downside, which came just as BTC had hit multi-day highs, passing $43,000.Liquidations across trading platforms were thus predictably significant. For Bitcoin and altcoins combined, 24-hour position unraveling totaled $725 million,…
    • Scan your dog and go walkies in the metaverse: Virtual NFT pets get popular
      Cointelegraph.com News - 1 day ago
      If you ever owned a Tamagotchi or loved playing Nintendogs, the odds are that you are going to love this story. New research suggests that during the height of COVID-19, the number of people searching for a furry friend to keep them company hit new highs — not only physically but also in the metaverse. The question is, Are tokenized pets here to stay or are they a pandemic fad?The metaverse is widely regarded as the next iteration of the internet as a virtual world or Web3, facilitated by virtual and augmented reality. There are a number of ways to…
    • Bitcoin dumps to hit six-month lows near $38K
      Cointelegraph.com News - 1 day ago
      Bitcoin is leading the way down for all crypto as macro indicators may spell disaster for the market in the short term, according to some analysts. Bitcoin (BTC) has dumped 7.5% in the past 12 hours, plunging to six-month lows from $43,328 at 4 pm UTC on Thursday to $38,258 by 4 am UTC on Friday.At the time of writing, Bitcoin was trading at $38,761, according to Cointelegraph.The price crash has so far wiped about $50 billion from the overall crypto market. The total crypto market capitalization has been on a slow decline since early November 2021 when it reached…
    • NFT firm Dropp GG set to launch ‘geo-minting’ and ‘mixed reality events’
      Cointelegraph.com News - 1 day ago
      “NFTs will soon replace transactions that will require proof of authenticity. We believe NFT adoption is inevitable,” stated Dropp GG founder Mr.Moonman Solana-based augmented reality (AR) and nonfungible token (NFT) platform Dropp GG is developing geographical-based NFT minting and “mixed reality events” tied to the etaverse.The firm was founded in early 2021 and is progressively rolling out several initiatives over this year including partnered NFT drops, geo-minting events, virtual land plots with AR support and a metaverse platform that maps to the physical world. Dropp recently closed an $8 million funding round that was backed by top crypto and NFT…
    • SundaeSwap launches on Cardano, but users report failing transactions
      Cointelegraph.com News - 1 day ago
      The first DEX on Cardano launched on the mainnet to allow traders to perform swaps and add liquidity, but network congestion has slowed transactions processing. Cardano’s first decentralized app (DApp), SundaeSwap, has launched but is causing frustration among users due to congestion, platform errors and failed transactions.Is it just a case of expected teething troubles under an influx of excited users or is there more to it?SundaeSwap is a decentralized exchange (DEX) and token-staking platform. Its mainnet launch on Thursday marked a milestone in the Cardano ecosystem by being the first DApp to utilize its smart contracts. The price of Cardano’s…
    • Here’s What’s Behind the Crypto Market Downturn in 2022, According to MicroStrategy CEO Michael Saylor
      The Daily Hodl - 1 hour ago
      Bitcoin (BTC) bull and MicroStrategy CEO Michael Saylor is analyzing the factors that he believes are driving the crypto market downturn at the start of a new year. In a new Bloomberg interview, Saylor unveils two factors that he says are contributing to the volatility experienced by the crypto markets so far this year. “I […] The post Here’s What’s Behind the Crypto Market Downturn in 2022, According to MicroStrategy CEO Michael Saylor appeared first on The Daily Hodl.
    • Over $1,142,000,000 in Crypto Liquidated in Just 24 Hours As Bitcoin Trades Below $40,000, According to Coinglass
      The Daily Hodl - 3 hours ago
      Crypto futures trading information platform Coinglass says that over a billion dollars worth of crypto has been liquidated over the past 24 hours as Bitcoin (BTC) now trades below $40,000. According to the Coinglass liquidation data, over 213,000 traders were liquidated over the last day at a combined value of over $1.14 billion. Bitcoin leads […] The post Over $1,142,000,000 in Crypto Liquidated in Just 24 Hours As Bitcoin Trades Below $40,000, According to Coinglass appeared first on The Daily Hodl.
    • How Ethereum 2.0 Will Help the Crypto Community
      The Daily Hodl - 6 hours ago
      Ethereum 2.0 is the next version of Ethereum blockchain technology to enrich the current blockchain with a new function. Ethereum 2.0 comes with many solutions related to the current cryptoverse. Ethereum was developed in order to provide a platform that can facilitate immutable, programmatic contracts and applications via its own currency. However, it had certain […] The post How Ethereum 2.0 Will Help the Crypto Community appeared first on The Daily Hodl.
    • Brand Engagement Cryptocurrency Surges in Price After Coinbase Pro Listing
      The Daily Hodl - 12 hours ago
      An altcoin that rewards consumers for interacting with their favorite brands is soaring after a surprise listing by top US crypto exchange Coinbase. Coinbase says in a tweet that Shping Coin (SHPING) will start trading on Coinbase Pro once appropriate liquidity conditions are met. SHPING is an Ethereum token that powers the Shping App, which […] The post Brand Engagement Cryptocurrency Surges in Price After Coinbase Pro Listing appeared first on The Daily Hodl.
    • Billionaire Mike Novogratz Issues Fresh Crypto Warning As Bitcoin Hovers Below $40,000
      The Daily Hodl - 12 hours ago
      Digital Galaxy founder and CEO Mike Novogratz says he knows why the crypto markets are getting flushed out lately. The billionaire tells his 410,000 Twitter followers that as long as bond yields and interest rates go higher, both the stock market and the digital assets market will be under heavy sell pressure. “As long as […] The post Billionaire Mike Novogratz Issues Fresh Crypto Warning As Bitcoin Hovers Below $40,000 appeared first on The Daily Hodl.
    • Whales Gobble Up Bitcoin As Non-Exchange BTC Supply Surges to All-Time High: Santiment
      The Daily Hodl - 14 hours ago
      Crypto whales are buying up Bitcoin (BTC) even as prices continue to track sideways this week, according to the market analytics firm Santiment. According to Santiment’s Twitter feed, whale addresses holding between 1,000 and 10,000 BTC snapped up 40,000 additional Bitcoin over two days earlier this week. That group of whales now own the same […] The post Whales Gobble Up Bitcoin As Non-Exchange BTC Supply Surges to All-Time High: Santiment appeared first on The Daily Hodl.
    • Trading Titan Robinhood Rolls Out Crypto Wallet Beta Program
      The Daily Hodl - 14 hours ago
      American financial services giant Robinhood is rolling out the beta version of its crypto wallets program after months of anticipation. According to a new blog post, the company will hand out crypto wallets to the 1,000 customers who were on top of the program’s waitlist for testing and safety checks. Robinhood says that by March, […] The post Trading Titan Robinhood Rolls Out Crypto Wallet Beta Program appeared first on The Daily Hodl.
    • Federal Reserve Drops Report Outlining Pros and Cons of Central Bank Digital Currencies
      The Daily Hodl - 15 hours ago
      The Federal Reserve has released its anticipated report on the feasibility of issuing a central bank digital currency (CBDC) in the United States. The Fed says the report serves as the first step to discussing the pros and cons of creating a CBDC with the general public and key stakeholders but notes that it does […] The post Federal Reserve Drops Report Outlining Pros and Cons of Central Bank Digital Currencies appeared first on The Daily Hodl.
    • Top Crypto Strategist Updates Bitcoin Outlook and What To Expect After Crypto Market Fallout
      The Daily Hodl - 15 hours ago
      Widely-followed crypto analyst Michaël van de Poppe says Bitcoin (BTC) is in a crucial support zone despite the leading crypto’s most recent dip below $40,000. In a new YouTube update, Van de Poppe explains the events leading up to yesterday’s market dip to his 163,000 subscribers. “After the US opened, we ran up, and then we started […] The post Top Crypto Strategist Updates Bitcoin Outlook and What To Expect After Crypto Market Fallout appeared first on The Daily Hodl.
    • Chainlink (LINK) Competitor Rallies After Earning Support From Top Crypto Exchange Binance
      The Daily Hodl - 16 hours ago
      An altcoin powering a protocol to improve traditional application programming interface (API) technology for the Web 3.0 economy is buzzing after a sudden listing by top crypto exchange Binance. In a new blog post, Binance says that the Ethereum token API3 (API3) will be available in the Bitcoin (BTC), Binance USD (BUSD) and Tether (USDT) […] The post Chainlink (LINK) Competitor Rallies After Earning Support From Top Crypto Exchange Binance appeared first on The Daily Hodl.
    • Ethereum Might Kill All Its Supply By Being Deflationary! ETH Price To Dump Below $2k?
      Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 6 minutes ago
      The post Ethereum Might Kill All Its Supply By Being Deflationary! ETH Price To Dump Below $2k? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide The king altcoin has been under correction over the past three months, and derivatives data signifies professional investors are almost ready to throw in the towel. In the interim, with Ethereum valuation depleting below $2.8k, veterans have been pondering over the ETH burn event.  ETH price faced a solid rejection at $3,600 on Jan 5th …
    • Bitcoin Price To Find Its Grounds Around $28k By Mid-February! Here’s What You Need To Know?
      Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 3 hours ago
      The post Bitcoin Price To Find Its Grounds Around $28k By Mid-February! Here’s What You Need To Know? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Traders have been tired of buying the dip over the past couple of months, yet most of the cryptocurrencies are not in a mood to find their grounds. The severe crypto crash on Thursday wiped out over $40 billion in market cap in just 48 hours. Veterans across the space are pondering over the weakening …
    • This is Why Retail Traders Are Cashing Out, While A Country is Buying the Dip
      Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 4 hours ago
      The post This is Why Retail Traders Are Cashing Out, While A Country is Buying the Dip appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide The stock market is crashing and so the crypto is, no matter whether people accept it or not, both tend to go hand-in-hand. Recently, the crypto market slashed with the announcement of the FED all set to increase the interest rates. The main reason behind the decision is cited to be the surge in the …
    • Bitcoin’s $100K Dream is Now Long Dead, Major Crash to $30K! Here’s When
      Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 6 hours ago
      The post Bitcoin’s $100K Dream is Now Long Dead, Major Crash to $30K! Here’s When appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide The crypto market cap slashed heavily, recording a plunge of more than 11% compared to the previous day’s close. While the market is within the bearish trend many factors may still drive the BTC price much lower. According to the technicals, major support levels are close to $30,000 which may be fueled by some external …
    • 8 Businesses That Are Embracing Cryptocurrency More Recently
      Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 13 hours ago
      The post 8 Businesses That Are Embracing Cryptocurrency More Recently appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Although more and more people are getting involved in trading various cryptocurrencies, there are still not many major retailers accepting them as a form of payment. That said, an increasing number of businesses are beginning to accept Bitcoin and other cryptocurrencies.  From food and drinks to tech companies, there are some big names here you …
    • This is Why NFTs are Highly Volatile, Popular Tokens Tremble Down Heavily With Double-Digit Loss!
      Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 17 hours ago
      The post This is Why NFTs are Highly Volatile, Popular Tokens Tremble Down Heavily With Double-Digit Loss! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide The NFTs quickly gained mainstream attention within a very short time during the recent NFT boom. And quickly the space extended from just a few coins to nearly 500 tokens at the press time. Among them the popular token which ignited the NFT bull run are now down with a huge loss. Therefore showcasing the …
    • Ethereum Traps the Bulls, ETH Price Poised to Hit The High Demand Area Below $2600!
      Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 18 hours ago
      The post Ethereum Traps the Bulls, ETH Price Poised to Hit The High Demand Area Below $2600! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide It’s a time for treatment yet again for the short traders as the markets maintain a constant downtrend since the mid of Q4 2021. Ethereum which once traded above $4500 is now plummeting hard below $2900 levels. The drop in value of nearly 42% was mainly fueled by 3 extreme sell-offs other than the usual …
    • Cardano(ADA) Price Slides Below 2-Month Low! Will It Revist the Strong Support at $1?
      Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 20 hours ago
      The post Cardano(ADA) Price Slides Below 2-Month Low! Will It Revist the Strong Support at $1? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Cardano price spiked heavily amid the recent announcement of the very first DEX on its blockchain SundaeSwap. However, now when the DEX is live, the ADA price is yet again scumbling down the support levels. While some believe the asset could flip the downtrend soon, yet the technicals point out towards a deep bearish well …
    • Apart From Bitcoin, Many Altcoins Were Doing Good! What Actually Went Wrong? Here’s What Next!
      Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 22 hours ago
      The post Apart From Bitcoin, Many Altcoins Were Doing Good! What Actually Went Wrong? Here’s What Next! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide The crypto-verse witnessed yet another market crash on Thursday, which has wiped out approximately $20 billion in market cap in the last 24 hours. The crash has pulled down the majority of blue-chip projects which were hovering near their ATH. Polygon, Harmony, and Fantom tokens lost 10.19%, 14.56%, and 11.21% in their valuation.  Veterans across …
    • This Is Why Ethereum Price Will Not Fall Under $2.7k! ETH Bulls Eye For 100% Upswing!
      Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 1 day ago
      The post This Is Why Ethereum Price Will Not Fall Under $2.7k! ETH Bulls Eye For 100% Upswing! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Ethereum is likely to resume its bull run in a tick as the asset has reached its 5-months low of $2.827k. The star altcoin has experienced approximately $193.32 million of liquidations in 24 hours thereby losing almost $5k in its price valuation. As the asset’s hash rate is at ATH and funding rates are positive …
    • Cardano Price Up And Down Amidst SundaeSwap Launch
      NewsBTC - 11 hours ago
      The price of Cardano (ADA) surged and plunged on the same day, starting with the excitement around the launch of its first decentralized exchange, the DEX SundaeSwap, then following the downtrend of Bitcoin. SundaeSwap’s Wins And Failures ADA’s price had been up around 10% in the last week tied to the launch of Cardano’s beta version of its first decentralized app (DApp) SundaeSwap, a decentralized exchange (DEX) that allows token staking and aims to “decentralize not just the access to financial services, but also the core business model itself.” “We are launching with a Beta label because, while the DEX’s smart contracts…
    • Market May Be Suffering But Bitcoin And Ethereum Will Pull Back Stronger, Bloomberg Analyst
      NewsBTC - 12 hours ago
      Bitcoin and Ethereum have led the market in the recent downturns that have rocked the market. These two digital assets are no doubt market movers in their own right and as such, uptrends or downtrends begin with them. It has raised concern among investors who believe that the market is finally heading into a stretched-out bear market. However, not everyone believes this as some believe the current downtrend is only temporary. Mike McGlone On Bitcoin And Ethereum Mike McGlone is one of the leading Bloomberg analysts. Focused on the financial market, he authors a newsletter that shares his thoughts around…
    • Opera’s new launch Web3 Crypto Broswer Is All Set For Your Device
      NewsBTC - 13 hours ago
      Opera, the famous email browser, has introduced a beta version of its web3 crypto browser. The new beta version is more than just your average internet surfer. Along with features such as a built-in cryptocurrency wallet and shortcut for quickly switching between different crypto exchanges. They have also added decentralized apps support. Web3 Crypto Browser Opera Web3 crypto browser supports both cryptocurrency and blockchain technology. It can function in an environment where digital currencies are accepted and store your funds securely for use on the web or when making transactions through NFC templates (Sony). Blockchain is a decentralized solution that…
    • Cardano Backed Metaverse Project Pavia’s Land Price Skyrockets
      NewsBTC - 14 hours ago
      Last week, Cardano network launched Pavia, a gaming application on the Metaverse. This stands as the first metaverse project operated on the Cardano blockchain. The use of non-fungible tokens (NFTs), which operate with the same blockchain technology as cryptocurrencies, is increasing. They enable investors to get tokenized assets of their favorite art items, idols, places, etc. NFTs create representations of both tangible and non-tangible items. According to its design, Pavia has about 100,000 land parcels issued. Each land parcel’s minting is a non-fungible token, NFT, that possesses individual coordinates. Related Reading | Bitcoin Millionaires Are Flocking To This North American Tax…
    • Bitcoin Diamond Hands: Despite Recent Fear, Coins Aged 12-18 Months Rise To 2-Year High
      NewsBTC - 16 hours ago
      Despite the recent fearful market, Bitcoin hodlers show diamond hands as coins aged 12-18 months touch a 2-year high. Coins Matured To 12-18 Months Revisit A High Not Seen Since 2 Years As pointed out by an analyst in a CryptoQuant post, BTC hodlers have held strong recently as coins aged 12-18 months have seen a sharp spike recently. The relevant on-chain indicator here is the Bitcoin Sum Coin Age (SCA) Distribution that shows the distribution of coins among the different holders in the market. The metric works by looking at each coin on the chain and measuring how many…
    • How To Add Bitcoin To The Balance Sheet For Corporations, With Saylor & Dorsey
      NewsBTC - 16 hours ago
      Is your company ready to buy the Bitcoin dip? Saylor and Dorsey will give you the 411 for free.99. The MicroStrategy World annual conference goes live on February 1st. Learn directly from these two titans of the industry, who have definitely been among Bitcoin’s main proponents and promoters over the last few years.  Michael Saylor has led by example, buying every dip, and is a constant presence in mainstream media. His interviews are more like classes and the attention they get is outstanding. Jack Dorsey, for his part, left Twitter to focus on Bitcoin. Since then, his Block company announced…
    • Bitcoin Breaks $37,000, Why Downtrend To $29,000 Is Likely
      NewsBTC - 18 hours ago
      Bitcoin has now broken down past $38,000 for the first time in over four months. This is a crucial point for the digital asset given that it has successfully maintained its position above this level throughout all of the crashes and dips of the previous month. While most would like to think that this is only a temporary setback that will soon be resolved, analyst Nicholas Merten has warned investors to brace for even more volatility. Prepare For Further Downside In a recent video on his YouTube channel, Merten shared with his over 87K subscribers some gloomy analysis surrounding bitcoin.…
    • $200 Billion Exits The Market As Bitcoin Plummets To A Multi-Month Low
      NewsBTC - 19 hours ago
      Bitcoin, the top asset in the industry has noted a sharp fall in prices over the last 24 hours. At press time, the king-coin depreciated by almost over 9.7%. Bitcoin dropped its value by almost $7,000 and was exchanging hands at $38,233.95. This marked an almost six-month low for the coin. This price level is the lowest ever since the first week of August last year. Following Bitcoin’s price action, altcoins followed suit as a majority of them were seen trading in the red at the time of writing. The global cryptocurrency market cap was at $1.95 trillion after a…
    • SIDUS HEROES: Merging NFTs, DeFi, and Gaming Into a Play-To-Earn Metaverse
      NewsBTC - 22 hours ago
      The race to set up the building blocks of the metaverse is on and many companies are hard at work establishing the world’s first open-source, decentralized virtual universe. This race has in part been galvanized by the rise of NFTs (Non-Fungible Tokens), whose values have shot up in price in direct correlation with rising cryptocurrency prices. One of the biggest initiatives out there currently working to establish a metaverse with a play-to-earn gaming model is the SIDUS HEROES project. This is a first-of-its-kind Web Graphics Library (WebGL) and massively multiplayer online role-playing game (MMORPG) platform set in an outer space…
    • Terra Announces Non-Profit ‘Luna Foundation Guard’
      NewsBTC - 1 day ago
      Terra Luna’s ‘lunatics’ have had their sights set on a multi-part announcement that is set to unveil, and this week the first piece of the puzzle has come to life. This week, Terra announced the formation of a new non-profit organization, the Luna Foundation Guard (LFG), that is “dedicated to supporting the advancement of open-source technology, facilitating the growth of the Terra ecosystem, and improving the sustainability and stability of Terra’s algorithmic stablecoins.” Terra Says “LFG” Terra has launched a dedicated landing page, lfg.org, outlining the team, mission, and funding & grants around LFG. The new non-profit will emphasize a…
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