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Bitcoin fundamentals diverge from BTC price dip as difficulty hits new all-time high
21.1.2022
Difficulty follows hash rate to hit levels never seen before, underscoring miners' faith in long-term profitability
First 1,000 Robinhood Customers Get Crypto Wallets
21.1.2022
US online trading platform Robinhood has launched a beta program for its crypto wallet, and it began to roll out the wallets to 1,000 customers from the top of its WenWallets waitlist.
By March, the program is set to cover 10,000 customers before the feature is activated for the rest of...
Tom Brady’s Autograph NFT Agency Gets $170 Million in Series B Funding Round
21.1.2022
Autograph, the NFT agency co-founded by famous NFL player Tom Brady, has raised $170 million in its series B funding round. The company revealed that the funding round was led by Andreessen Horowitz and Kleiner Perkins, with the participation of other notable companies in the field. The funds...
Team Proof-of-Work Educates Lawmakers at Bitcoin Mining Hearing in US
21.1.2022
Questions ranged from whether Bitcoin (BTC) could potentially transition to a proof-of-stake (PoS) consensus mechanism, to whether crypto mining can be considered “wasteful,” as lawmakers in the US House of Representatives discussed the energy impact of crypto mining during a hearing...
Crypto liquidations pass $700M as altcoins take a hit from Bitcoin sinking below $40K
21.1.2022
Pain for Bitcoin and altcoin investors alike as a fresh cascade sees $40,000 support disappear
UFC Partners With Dapper Labs to Launch NFT Collection ‘UFC Strike’
21.1.2022
The creators of the Flow blockchain network and NBA Top Shot, Dapper Labs, announced the launch of a new non-fungible token (NFT) compilation called “UFC Strike.” According to Dapper Labs, the new NFTs will launch on Sunday, January 23, and feature “amazing displays of striking...
LBank Exchange Will List STEP on January 21, 2022
21.1.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Jan. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list STEP on January 21, 2022. For all users of LBank Exchange, the STEP/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on January 21, 2022. While...
Bitcoin dumps to hit six month lows near $38K
21.1.2022
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
Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining
21.1.2022
True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A consultation paper published by the regulator cites threats to financial stability and citizens’...
Bitcoin Dives Below USD 39K, Ethereum Breaks 2.9K, Altcoins in Red
21.1.2022
Bitcoin price tried to clear the USD 43,500 resistance zone. However, BTC struggled to gain pace and started a decline below USD 41,200. There was a break below USD 40,000 and the price is currently (04:18 UTC) consolidating losses near USD 38,700.
Similarly, most major altcoins declined...
Wait, what? Former Bitcoin bull Raoul Pal only owns one Bitcoin?
21.1.2022
In a Twitter argument with Greg Foss, Raoul Pal said that the Bitcoin community has “lost sight of inclusion.”
Indian Government Needs More Time to Finalize Crypto Bill: Report
21.1.2022
Indian government officials reportedly said that India’s cryptocurrency bill will require more time because crypto is a complex subject. The bill is therefore unlikely to be introduced in the upcoming session of parliament. The government reportedly wants to hold more discussions to build...
JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion
21.1.2022
JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing...
Venezuelan Vice Minister Tells Investors to Pay in Crypto to Dodge Sanctions
21.1.2022
A Venezuelan minister has been singing the praises of crypto – and suggesting that the government, which amassed a large bitcoin (BTC) and ethereum (ETH) “stash,” plans to attract international and domestic investors by convincing them to use cryptoassets....
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Mad Money’s Jim Cramer Warns About Dogecoin — Says DOGE Is a Security, SEC Will Regulate
21.1.2022
The host of Mad Money, Jim Cramer, has warned about dogecoin (DOGE). He said that the meme cryptocurrency is a security and will be regulated. He also questioned the supply of dogecoin. Jim Cramer’s Dogecoin Warning Jim Cramer, the host of CNBC’s Mad Money, warned about investing...
Yield App Launches V2, and It’s More Than Just a New Look
20.1.2022
Yield App – the official digital asset wealth management partner of premier league football club West Ham United – has unveiled the hotly anticipated Version 2 (V2) of its platform, just 11 months since it launched in February 2021. In this short time, Yield App has garnered more than...
Joe Biden Claims Inflationary Pressure ‘Rests With the Federal Reserve,’ Praises the Fed’s ‘Extraordinary Support’
20.1.2022
On Wednesday, U.S. president Joe Biden explained that the country’s central bank was dealing with a large share of the inflationary pressures the American economy is dealing with today. Biden welcomes the possibility of tightening monetary easing and noted that he “respects...
SEC Chairman Gary Gensler Stresses Crypto Trading Platforms Must Be Regulated to Ensure Investor Protection
20.1.2022
The U.S. Securities and Exchange Commission (SEC) is focusing on bringing cryptocurrency exchanges “inside the investor protection remit,” Chairman Gary Gensler has revealed. “If the trading platforms don’t come into the regulated space, it’d be another year...
Bitcoin & Crypto Miners Must Take Note as Davos Chiefs Say ‘Nobody Can Hide’ from ESG Standards
20.1.2022
Senior figures at the World Economic Forum (WEF) in Davos have agreed that Environmental, Social and Governance (ESG) standards are coming – and will soon apply to all industries. And furthermore, they suggested, even those who do not want a part of the ESG drive will eventually be left with...
Major Geographic Shift in Crypto Use Exposed by Trading Volumes
20.1.2022
An analysis of trading volumes on major crypto exchanges has revealed a geographic shift in crypto trading activity....
Read More: Major Geographic Shift in Crypto Use Exposed by Trading Volumes