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Selloff in Crypto Triggered by Hawkish Fed as Tech Stocks Drop Too
6.1.2022
Markets ranging from global technology stocks to crypto took a major hit over the past day, after a release of minutes from the last US Federal Reserve (Fed) meeting revealed a more hawkish stance than the market had expected.
At 10:09 UTC, bitcoin (BTC) traded at USD 42,738, down by 9% over...
Kazakhstan Teaches Bitcoin Miners a Lesson as Chaos Affects BTC Hashrate
6.1.2022
Kazakhstan has been plunged into a political and social maelstrom that could rock the world of Bitcoin (BTC) – as unrest over escalating fuel prices saw Kazakhtelecom, the national communications provider, pulled the plug on much of the country’s internet, reminding Bitcoin miners to secure...
Bitcoin, Ethereum, and Altcoins Tumble
6.1.2022
Bitcoin price started a major decline from well above the USD 47,000 level. BTC dived below the USD 45,500 support zone. It is currently (04:40 UTC) down almost 8% and is trading near USD 42,900.
Similarly, most major altcoins declined sharply. ETH traded below the USD 3,800 and USD 3,750...
Peru, Uruguay Edge Closer to Crypto Regulation with Draft Law, Policy Advisory Report
5.1.2022
Governments in South America are gearing up to regulate crypto in the year ahead – with lawmakers in Peru and Uruguay readying legislation and draft proposals....
Read More: Peru, Uruguay Edge Closer to Crypto Regulation with Draft Law, Policy Advisory Report
Rising Bitcoin Leverage Keeps Traders on Edge as Volatility Drops
5.1.2022
Rising leverage in bitcoin (BTC) derivates combined with the lowest levels of volatility in more than a year is currently keeping traders on edge for a potentially explosive move in either direction.
The signal from the derivatives market comes after open interest in bitcoin futures across...
Nasdaq-Listed Company Offers Dividends in Bitcoin, Shares Skyrocket
5.1.2022
The US-based publicly traded blockchain infrastructure and analytics company BTCS has announced it will offer dividends payable in bitcoin (BTC) to its shareholders, apparently becoming the world’s first public company to do so....
Read More: Nasdaq-Listed Company Offers Dividends in Bitcoin...
Bitcoin Could Reach USD 100K in Five Years If It Takes on Gold – Goldman Sachs
5.1.2022
A bitcoin (BTC) price of USD 100,000 could become a reality if the cryptocurrency continues taking market share as a store-of-value asset from gold, according to a note from Goldman Sachs. Meanwhile, Bloomberg analyst Mike McGlone argues that 2022 could be the year gold shines again....
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‘Faketoshi’ May Need to Pay More Damages – or Face a Retrial – in New Episode of Kleiman vs. Wright
5.1.2022
The Australian computer scientist Craig Wright – a man who is known to the crypto community as “Faketoshi” due to unproven claims that he's Satoshi Nakamoto – may have to return to court this year....
Read More: ‘Faketoshi’ May Need to Pay More Damages – or Face a Retrial – in New Episode...
New El Salvador Laws Will Help Bitcoiners Who Want to Move to the Country, Says Gov’t
5.1.2022
The government of El Salvador has unveiled further details about the “20 new financial and innovation”-related laws recently announced on Twitter by the President Nayib Bukele – and it looks like the legislation will be aimed at bitcoin (BTC) enthusiasts hoping to move to the country and helping...
Bitcoin and Ethereum Keep Struggling, ICP Rallies
5.1.2022
Bitcoin price failed to clear the USD 47,500 resistance zone and started a fresh decline. BTC traded below the USD 46,200 support zone. It is currently (04:17 UTC) consolidating near USD 46,500 and facing resistance near USD 47,000.
Similarly, most major altcoins are struggling to gain pace....
Bukele Teases Further Bitcoin Developments in Year Ahead for El Salvador
4.1.2022
The President of El Salvador Nayib Bukele appears keen to start the New Year with a bang – and has teased new developments, as well as crypto-friendly legislation.
Bukele has created a number of crypto-themed Twitter posts so far this year, and in one, wrote that the government was preparing...
USD 100K per Bitcoin 'Hopium' Now Moved to Mid-2022
4.1.2022
After failing to reach USD 100,000 by the end of 2021, as many expected, the price of bitcoin (BTC) is likely to hit this milestone during the first half of 2022, two industry leaders have argued. Others, meanwhile, warn that further price consolidation is the most likely outcome as the market...
Crypto Community Stumped After Melania Trump ‘Shills’ Bitcoin (And Her NFT project)
4.1.2022
The crypto world has reacted with a mixture of shock, mirth, and incredulity after the former First Lady of the United States Melania Trump took to Twitter to, as some media outlets put it, apparently “shill” bitcoin (BTC) on the anniversary of Bitcoin Genesis Block Day....
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Crypto Investment Flows Mature, CFTC Fines Polymarket, Uniswap's Goal + More News
4.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Crypto Investment Flows Mature, CFTC Fines Polymarket, Uniswap's Goal + More News
New AML Legislation Won't Forbid Individuals to Hold Crypto, Says Estonia’s Ministry of Finance
4.1.2022
The Estonian Ministry of Finance has denied the crypto/blockchain industry insiders concerns related to the new legislation draft - stating that regulations will not be applied to retail investors but to businesses, and that there will be no ban on people owning crypto....
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Bitcoin and Ethereum Fail Near Major Range Highs, FTM, NEAR Rally
4.1.2022
Bitcoin price failed to clear the USD 48,500 resistance zone and started a fresh decline. BTC traded below the USD 47,000 support zone. It is currently (04:34 UTC) trading near USD 46,400 and remains at a risk of a larger decline.
Similarly, most major altcoins are moving lower. ETH declined...
How Investors Should Approach Bitcoin, According to Ark Invest
3.1.2022
While bitcoin (BTC) is far from a traditional asset that can be analyzed using conventional frameworks, the blockchain still offers many ways of analyzing the asset, Cathie Wood’s Ark Invest said in a newly published whitepaper.
In the paper, titled A Framework to Evaluate Bitcoin, the firm...
Shiba DAO, Strategic Blockchain Gaming, Bank Loses to Bitcoin Miner + More News
3.1.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Shiba DAO, Strategic Blockchain Gaming, Bank Loses to Bitcoin Miner + More News
Bitcoin and Ethereum are Eyeing Short-Term Breakout, OHM Rallies
3.1.2022
Bitcoin price was able to recover above the USD 47,000 level. However, BTC is facing a strong resistance near the USD 48,000 level. It is currently (12:43 UTC) showing positive signs, but the USD 48,000 zone holds the key.
Similarly, most major altcoins are eyeing an upside break. ETH climbed...
A Reminder On Bitcoin's 13th Birthday: Why It Is Important to Self-Custody Your Keys
3.1.2022
On January 3, 2009, the first Bitcoin (BTC) block, also known as the Genesis block, was mined by the project's pseudonymous creator Satoshi Nakamoto. Today marks exactly thirteen years from the event, and the crypto community is celebrating Bitcoin becoming a teenager (Happy Bitcoin...