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Bitcoin returns to $42K as bets start favoring 'short squeeze' higher for BTC
11.1.2022
There is increasing reason to believe that surprise gains, not losses, for Bitcoin will be the conclusion of the current BTC price phase, say analysts
Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode
11.1.2022
On Monday, January 10, the Argentina-based mobile wallet company Belo announced that the platform has added support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure provider Opennode. The mobile application allows users to trade and transact in pesos...
Cash App Integrates Bitcoin Lightning Payments, LN Payments Company Gets UK Regulator's Approval
11.1.2022
Ex-CEO of Twitter Jack Dorsey's mobile payment service Cash App has integrated Bitcoin (BTC) Lightning Network, a layer 2 scaling solution on top of the Bitcoin network designed to tackle the flagship cryptocurrency’s scalability issues....
Read More: Cash App Integrates Bitcoin Lightning...
Sega Might Drop NFT Experiments if Perceived by Gamers as a Money Grab
11.1.2022
Sega, a leading videogame development company, has announced its new stance when it comes to the play-to-earn model and the inclusion of NFTs in its games. In the latest management meeting of the company, which happened on December 24th, Sega CEO Haruki Satomi stated that the company may drop...
EverRise Launches EverSwap With a Native Coin Swap to Facilitate Cross-Chain Exchanges
11.1.2022
PRESS RELEASE. EverRise launches their fifth decentralized application (dApp) today, EverSwap, a multi-chain decentralized exchange (DEX), with a Native Coin Swap feature powered by their cross-chain bridging dApp EverBridge. The Native Coin Swap (NCS) functionality lowers the barrier to entry...
World’s biggest podcaster Joe Rogan has a ‘lot of hope’ for crypto
11.1.2022
The controversial podcaster said that crypto will either “fall apart completely,” or will give society an opportunity to come up with a "better way to live our lives.”
Yellow Card Announces It’s Resuming Deposits and Withdrawals via the Naira
11.1.2022
Yellow Card has announced the resumption of naira deposits and withdrawals in Nigeria via a statement from the cryptocurrency exchange platform. The move by the company comes almost a year after a central bank directive forced Yellow Card to suspend deposits and withdrawals. CBN’s Growing...
Bitcoin and Ethereum Inch Higher, NEAR Rallies
11.1.2022
Yesterday, bitcoin price extended decline below the USD 40,500 level. BTC even traded below the USD 40,000 level, but the bulls were active. The price started a sharp recovery and is currently (04:34 UTC) trading near USD 42,300.
Similarly, most major altcoins are showing a few positive signs....
UK Lawmakers Form Crypto and Digital Assets Group to Ensure Regulation Supports Innovation
11.1.2022
U.K. lawmakers have formed the Crypto and Digital Assets Group to ensure that new rules for the crypto industry support innovation. “We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated,” said...
Estonia Offers to Share Crypto Experience With US to Identify Best Practices for Digital Assets
11.1.2022
Estonian Finance Minister Keit Pentus-Rosimannus has offered to share her country’s experience in regulating cryptocurrencies with the U.S. in a discussion with Treasury Secretary Janet Yellen. Estonia Offers to Share Crypto Experience With the US U.S. Treasury Secretary Janet Yellen...
Bitfarms Buys the Dip: 1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High
10.1.2022
Global bitcoin mining company Bitfarms has bought the dip and added 1,000 bitcoins to its balance sheet while the prices of mining hardware remain high. The company’s corporate treasury now holds more than 4,300 bitcoins. Mining Company Buys the Dip Bitfarms Ltd. has taken advantage of...
Bitcoin price bounces to $41.5K, but derivatives data shows traders lack confidence
10.1.2022
Key BTC trading metrics are sitting on the edge of the “worst outcome” scenario, suggesting that the current sell-off is far from over
3x NBA champion Andre Iguodala becomes the latest athlete to receive salary in crypto
10.1.2022
Iguodala said he will also be giving out $1 million worth of BTC to fans to increase the cryptocurrency's adoption
Direct Fiat On-Ramps Come to Algorand (ALGO) via Alchemy Pay (ACH)
10.1.2022
PRESS RELEASE. Singapore, 10 January, 2022: Algorand (ALGO), the layer-1 blockchain for decentralized and traditional finance, has added direct fiat payment channels into their network, thanks to a new integration with Alchemy Pay (ACH). Alchemy Pay, is a payment solutions provider that connects...
Bitcoin dip below $40K follows Fed signal of a possible fourth rate hike in 2022
10.1.2022
BTC’s abrupt drop to $39,650 came after the Federal Reserve floated the prospect of a fourth rate hike in 2022
Arbitrum Network Stalled Due to Sequencer Downtime
10.1.2022
The Arbitrum network, an Ethereum L2 (Layer 2) rollup, experienced some difficulties that caused a complete stop in the production of blocks and the confirmation of transactions. According to reports from the Arbitrum team, this incident had to do with downtime regarding its sequencer, a special...
Single inactive volcano has 90% chance of powering El Salvador's Bitcoin City, according to president
10.1.2022
According to Nayib Bukele, should the power consumption of the country’s planned Bitcoin City exceed the volcano’s capacity, geothermal energy can be sourced from other sites
Price analysis 1/10: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE
10.1.2022
Buyers stepped in to buy BTC’s dip to $39,650, but there are signs that the market-wide correction might not be over
Bitcoin’s Hashrate Slides 15% in 10 Days, Price and Difficulty Puts Pressure on BTC Miners
10.1.2022
The price of bitcoin has been on a long losing streak since November 10, 2021, when the leading crypto asset tapped an all-time high at $69K per unit. During the last two weeks, bitcoin has shed more than 19% in value, and the network’s hashrate has dropped from over 200 exahash per second...
Bitfarms purchased more than $43M in Bitcoin to start the new year
10.1.2022
“Our guiding company strategy at Bitfarms is to accumulate the most Bitcoin for the lowest cost and in the fastest amount of time for the benefit of our shareholders,” said founder and CEO Emiliano Grodzki