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Showing posts from January, 2022

Bitcoin Network Transaction Volume Surpasses American Express: Research

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A recent NYDIG report found that Bitcoin had settled more transaction volume in Q1 2021 than “all credit card networks combined for the entire year” when including intra-network transactions. from Cointelegraph.com News https://ift.tt/uZyO8Qnq1 via IFTTT

Circle's USDC stablecoin gobbles Tether's market share with 50B milestone

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The 50 billion USDC circulating milestone has increased Circle’s share of the stablecoin market to almost 30%. from Cointelegraph.com News https://ift.tt/LWUS0OpD9 via IFTTT

El Salvador president predicts ‘gigantic price increase’ for Bitcoin

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There is not enough Bitcoin for global millionaires if each of them wants to own one, Bukele said. from Cointelegraph.com News https://ift.tt/DYEhVzcZN via IFTTT

Ethereum price risks dropping to $2K on 'bear flag' setup

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The bearish outlook appears against the backdrop of the Federal Reserve's tightening policies. from Cointelegraph.com News https://ift.tt/Ssd8G4Q5t via IFTTT

Former BOJ official warns against use of digital yen in the financial sector

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Hiromi Yamaoka is currently heading a private forum of 74 companies that is planning to launch a private digital currency. from Cointelegraph.com News https://ift.tt/4ydrCkfzs via IFTTT

UNICEF calls for child safeguards amid mainstream crypto adoption

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UNICEF’s latest report on mainstream adoption of cryptocurrencies highlights the possibility of greater financial inclusion along with the need for new child safeguards. from Cointelegraph.com News https://ift.tt/Yma39MEqJ via IFTTT

Wonderland co-founder throws in the towel on beleaguered DeFi project

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The DeFi debacle has caused ripples across the ecosystem as the project head looks to wind things up. from Cointelegraph.com News https://ift.tt/mJ80Va6SH via IFTTT

Inside the blockchain developers’ mind: How to build the next big social DApp

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Fee-less system or flexible blockchain with smart contracts: What do you choose to build your DApp? Or you don’t need to choose at all? from Cointelegraph.com News https://ift.tt/rmwdub1gL via IFTTT

Bitcoin miners believe global hash rate to grow ‘aggressively’

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Despite the price of BTC, the Bitcoin network is the strongest it’s ever been, according to industry experts. from Cointelegraph.com News https://ift.tt/AFW3pG1V4 via IFTTT

Digital Denarius: How a crypto revolution could have saved the Roman Empire

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As Venezuela and Iran find themselves caught up in the cryptocurrency revolution, could this have saved the Roman Empire from crumbling into infighting and crippling inflation? from Cointelegraph.com News https://ift.tt/Hme3URfWv via IFTTT

China pilots nationwide blockchain development over real-world use cases

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Some of the key areas of blockchain development include manufacturing, energy, government data sharing and services, law enforcement, taxation, criminal trials, inspection, and cross-border finance. from Cointelegraph.com News https://ift.tt/X98RSfcU1 via IFTTT

Bitcoin stays near $38K as RSI breakout challenges 'boring' weekend

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RSI is on route to repeating a trend break, which sparked "massive" BTC price moves twice in the last year, one analyst notes. from Cointelegraph.com News https://ift.tt/4OMpu7xYW via IFTTT

Eth2 rebrands to consensus layer, Elon Musk fails to boost DOGE, YouTube gaming head switches to Polygon Studios: Hodler’s Digest, Jan. 23-28

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from Cointelegraph.com News https://ift.tt/sSRPHW8vV via IFTTT

The Metaverse will change the live music experience, but will it be decentralized?

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Widespread adoption of virtual reality could be the next big step for live music, which in turn could be the key to mass adoption of NFTs and DAOs. from Cointelegraph.com News https://bit.ly/3s0RNif via IFTTT

Why is my Bitcoin transaction unconfirmed?

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When at least three miners do not confirm the Bitcoin transaction, it remains unconfirmed and unconfirmed transactions can be canceled. from Cointelegraph.com News https://bit.ly/3s5waxj via IFTTT

Crypto mining won’t survive another round of environmental legislation

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Blockchain mining’s massive carbon footprint is impossible to justify — and puts it in the crosshairs of global environmental legislation. from Cointelegraph.com News https://bit.ly/3rYQWhX via IFTTT

PayPal stablecoin: What it could mean for payments

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PayPal has confirmed it is exploring a stablecoin. Here’s how experts see the potential impact of a PayPal Coin. from Cointelegraph.com News https://bit.ly/3o941UV via IFTTT

Meta goes Brazil to trademark Bitcoin and crypto services

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Meta published the application for registration on Jan. 25 and is currently awaiting opposition prior to INPI approval. from Cointelegraph.com News https://bit.ly/3rZoyMv via IFTTT

What is Etherscan, and how does it work?

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Etherscan is a block explorer and analytics platform that allows you to access details on any Ethereum blockchain transactions that are pending or confirmed. from Cointelegraph.com News https://bit.ly/3HbCQzX via IFTTT

How can the Metaverse help the food industry?

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The evolution of blockchain in the food industry started from establishing a Bitcoin Pizza Day, and now it’s moving into the Metaverse. from Cointelegraph.com News https://bit.ly/3rY95MR via IFTTT

SEC approves BSTX for blockchain settlements on traditional markets

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BSTX's SEC approval does not involve crypto trading or any other form of use of blockchain technology. from Cointelegraph.com News https://bit.ly/33TLqoY via IFTTT

Qubit Finance suffers $80 million loss following hack

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The addresses linked to the hack attack have managed to steal 206,809 Binance Coin from Qubit's QBridge protocol. from Cointelegraph.com News https://ift.tt/3AFf50L via IFTTT

Belgian MP becomes first European politician to accept salary in Bitcoin

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The Belgian MP will convert his monthly salary of EUR 5,500 to Bitcoin using the country’s popular cryptocurrency trading platform Bit4You. from Cointelegraph.com News https://ift.tt/3s1bgz6 via IFTTT

'Bull or bear market?' Bitcoin losses from panic selling mount in 2022

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Curious behavior sees investors selling coins for less than they purchased them for, with Bitcoin still notionally in a bullish uptrend. from Cointelegraph.com News https://ift.tt/32D2EpJ via IFTTT

First DEX on Internet Computer launches, others coming soon

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Dfinity Foundation’s Internet Computer blockchain has welcomed its first decentralized exchange named Sonic. from Cointelegraph.com News https://ift.tt/3HlQGzO via IFTTT

Chinese food delivery giant joins CBDC efforts

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The cumulative transactions in e-CNY have reached 87.57 billion yuan ($13.68 billion) until now. from Cointelegraph.com News https://ift.tt/3HbHzlh via IFTTT

Ethereum hash rate scores new ATH as PoS migration underway

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The hash rate surpassed 1.11 PH/s for the first time ever, breaking the previous high of 1.08 PH/s set on Jan. 13. from Cointelegraph.com News https://ift.tt/3GaflWW via IFTTT

Bitcoin analysts fear new BTC price dip as funding rates drop post Fed

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Concerns over possible U.S. regulation add to nerves as market sentiment calls for losses, not gains, to form the next moves of Bitcoin. from Cointelegraph.com News https://ift.tt/3Hd5zES via IFTTT

Crypto tax calculator CoinTracker valued at $1.3B following $100M raise

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Crypto tax reporting was a contentious topic in the U.S. last year as Congress passed the Infrastructure Investment and Jobs Act. from Cointelegraph.com News https://ift.tt/3ucIIFs via IFTTT

Crypto infrastructure firm Fireblocks valued at $8B following $550M raise

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Extreme market volatility for assets like Bitcoin and Ether hasn’t stopped venture capital from pouring billions into blockchain businesses. from Cointelegraph.com News https://ift.tt/3rTRTbo via IFTTT

Bitcoin dips 8% from highs as trader demands BTC bulls reclaim $37.5K

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Bitcoin “isn’t shouting for bullishness” below $37,500, fresh analysis says, as the Fed’s latest comments deliver little direction. from Cointelegraph.com News https://ift.tt/32AGDb6 via IFTTT

SEC reportedly probing crypto lending products by Gemini and Celsius

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The SEC’s main concern reportedly lies with the high-yield offering by crypto lending services, which are often considerably higher than most savings banks. from Cointelegraph.com News https://ift.tt/3rSaqEN via IFTTT

Reddit is testing out NFT profile pics but ‘no decisions have been made’

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Reddit is following Twitter’s footsteps to join the NFT bandwagon as it explores ways to add NFT profile pictures from Cointelegraph.com News https://ift.tt/3G6sRLd via IFTTT

MetaMask's new inbuilt multi-chain institutional custody feature

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MMI product lead Johann Bornman labeled the integration with Cactus Custody’s DeFi Connector as a “profound DeFi offering for institutions.” from Cointelegraph.com News https://ift.tt/34bQ8Ok via IFTTT

ETH to hit $20 trillion market cap by 2030: Ark Invest

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ARK Invest’s new report predicts Ether’s market cap will reach $20 trillion and the Bitcoin price will exceed $1 million by 2030 based on BTC’s use cases and how ETH captures market share from TradFi. from Cointelegraph.com News https://ift.tt/34hejLC via IFTTT

Can DeFi and CeFi coexist? Three takeaways from experts panel

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Education, transparency and access were the key themes discussed by experts from across the crypto industry during a debate on whether CeFi and DeFi can coexist. from Cointelegraph.com News https://ift.tt/3G6e0Ae via IFTTT

Crypto exchange FTX US closes $400M funding round to reach $8B valuation

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The new funding will be put toward expanding FTX US' workforce and introducing new offerings. from Cointelegraph.com News https://ift.tt/3IyCyDy via IFTTT

Bitcoin pundits split over BTC floor as Bloomberg analyst eyes bounce

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The jury is out on what data to trust when it comes to Bitcoin putting in a local price floor near — or below — $30,000. from Cointelegraph.com News https://ift.tt/3fWTNSK via IFTTT

NFL star's massive tax bill highlights problems with BTC salaries

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Odell Beckham’s reported BTC salary tax debacle may provide a dire warning for anyone looking to get paid in crypto. from Cointelegraph.com News https://ift.tt/3qZEQFU via IFTTT

Etherescan adds new messaging feature for anons: 'Blockscan Chat'

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The Blockscan Chat service enables users to message each other via their Ethereum wallet addresses. from Cointelegraph.com News https://ift.tt/3u4AShc via IFTTT

Grayscale considers VeChain and Iota as Coinbase lists 4 low-cap coins

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Grayscale added 25 tokens to those it is considering for investment products, and added AMP to its DeFi Fund while Coinbase listed four small projects. from Cointelegraph.com News https://ift.tt/3rSJjJH via IFTTT

The Beatles and John Lennon music history collection to be auctioned as NFTs

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Each NFT in the "Lennon Connection: The NFT Collection" would be offered as an audio-visual collectible, narrated by Julian Lennon himself. from Cointelegraph.com News https://ift.tt/3fRtei5 via IFTTT

McDonald's jumps on Bitcoin memewagon, Crypto Twitter responds

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As Bitcoin price started trading below the $40,000 mark, crypto millionaires and investors on Twitter started sharing memes about getting jobs at fast-food restaurants. from Cointelegraph.com News https://ift.tt/3AC8Rij via IFTTT

‘Stop panic selling’ — Bitcoin whales bag spare BTC as exchange balances fall

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Old whales may have offloaded last year, but demand for BTC shows no sign of disappearing, the latest data reveals. from Cointelegraph.com News https://ift.tt/348N45u via IFTTT

Bithumb to block crypto withdrawals to unverified private wallets

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Bithumb users in South Korea have just two days to perform another round of KYC in order to whitelist their personal wallets, or crypto withdrawals will be blocked. from Cointelegraph.com News https://ift.tt/3FWy3RF via IFTTT

Paris Hilton says that the Metaverse will be the ‘future of partying’

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The pop-culture princess gifted everyone in the audience at ‘The Tonight Show’ with an NFT from her new upcoming collection with Super Plastic. from Cointelegraph.com News https://ift.tt/3Awb3Ij via IFTTT

Green shoots? Institutional crypto funds see first inflows in 5 weeks

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Nearly $14 million has been returned to BTC institutional funds over the past week, but Ethereum-based products are still seeing major outflows. from Cointelegraph.com News https://ift.tt/3FZjeO4 via IFTTT

Bitcoin ‘enters value zone’ as BTC price floor metric goes green again

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Dynamic range NVT returns to levels seen just twice in two years: the March 2020 coronavirus crash and last year’s reaction after the Chinese miner shut down. from Cointelegraph.com News https://ift.tt/3Iz9w6K via IFTTT

No regrets for NYC mayor receiving his first Bitcoin paycheck during dip

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New York City Mayor Adams was nonchalant about receiving his first Bitcoin paycheck during a 50% drawdown from all-time highs. from Cointelegraph.com News https://ift.tt/3rMVpUD via IFTTT

Bank of Korea completes first phase of digital currency pilot

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The second phase of the CBDC mock testing is expected to complete by June this year from Cointelegraph.com News https://ift.tt/3KEDSXq via IFTTT