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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...
Moonbeam (GLMR) launch brings EVM interoperability closer to the Polkadot network
20.1.2022
GLMR could be a top contender in 2022 if Moonbeam’s planned interoperability with the Ethereum Network is a hit with investors and developers
These were the 5 hottest coins on Twitter last week — And their price dynamics
20.1.2022
Data shows that spikes in Twitter mentions preceded price peaks in three of last week’s five most discussed altcoins
Witnesses address energy impacts of crypto mining during House hearing
20.1.2022
“If policymakers take a cautious approach and foster a pro-innovation environment, the rewards for consumers, investors and all Americans are likely to be great," said Jordan Ramis shareholder Gregory Zerzan
Crypto.com Reveals 483 Accounts Compromised in Recent Hack — $34 Million in Bitcoin, Ether Stolen
20.1.2022
Crypto.com has revealed that 483 user accounts were compromised in the recent hack that resulted in unauthorized withdrawals of about $34 million in cryptocurrencies, including bitcoin and ether. Nonetheless, the company stressed that customer funds were never at risk. Crypto.com’s Hack...
Ad restrictions won’t impact crypto demand, Binance CEO says
20.1.2022
Changpeng Zhao said that the majority of crypto demand and user adoption come from word-of-mouth marketing
Web 3.0 needs more users, not more investors
20.1.2022
Projects need to focus on making products that attract non-crypto users in order to drive innovation and maturity in Web 3.0
Regulator Reiterates Call for EU Ban on Proof-of-Work Mining
20.1.2022
The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the Paris Agreement, the regulator says....
Main Opposition Candidate for President of South Korea Pledges Support for Crypto Tax Exemptions
20.1.2022
The leading presidential candidate of the opposition in South Korea has promised voters to ease the tax burden on crypto-related profits through exemptions. In a recent statement, Yoon Suk-yeol indicated that crypto investors will be treated like those who put money into stocks. Presidential...
MXC’s 200% gain hints that LoRaWAN IOT mining projects could rally in 2022
19.1.2022
A growing partnership network, the ability to mine multiple cryptocurrencies simultaneously and renewed interest in blockchain-focused IOT technology back MXC’s 200% rally
Canadian restaurant chain reports earning 300% gains on BTC investment to weather pandemic
19.1.2022
“We keep a working capital for about three to six months in cash, and then the rest all goes into Bitcoin,” said co-owner Aly Hamam
BIS general manager: Central banks generate trust, not big techs or “anonymous ledgers"
19.1.2022
According to the boss of the international institution owned by central banks, it is central banks that are best positioned to shape the future of money
Here’s how traders capitalize on crypto market crashes and liquidations
19.1.2022
Everyone’s a genius trader during bull markets, but there are also ways to generate profits during bear trends. Here’s how to capitalize on liquidations
SEC Advisory Committee member calls agency to open for public comment on crypto regulation
19.1.2022
"This open call for comment is the only way to appropriately crowd source this issue and appropriately develop a digital asset regulation Genesis Block," said J.W. Verret
Crypto IRA iTrustCapital raises $125M, pushes valuation over $1B
19.1.2022
The company said it planned to use the funds for expanding its existing product and service line in addition to exploring strategic acquisitions
Gold Miner Says Investors Prefer Hedging Against Inflation With Gold, Not Crypto
19.1.2022
The CEO of a Canada-headquartered gold mining company, Mark Bristow, has insisted that gold currently has little downside risk. He also highlighted the precious nature of the metal and how it is a better alternative store of value than cryptocurrencies. Better Inflation Hedge Mark Bristow, the...
Crypto Miner Convicted in Russia for Allegedly Stealing Power to Mint Digital Coins
19.1.2022
A regional court has sentenced a man accused of illegally connecting his crypto farm to the grid to two years in prison. The decision comes as authorities in Moscow prepare to address the lack of proper regulations for cryptocurrency mining, which has become a popular source of income in Russia....
Financial Market Committee Chair Aksakov Joins Calls for Identification of Russian Crypto Owners
19.1.2022
Anatoly Aksakov, head of the Financial Market Committee at the Russian parliament, has reiterated a warning for cryptocurrency investors and insisted that Russians owning coins should declare their digital assets. The parliamentarian also urged for the comprehensive regulation of crypto mining...
ELA, API3 and PROM buck the market-wide downtrend by posting a 20%+ gain
19.1.2022
Elastos, API3 and Prometheus notch double-digit gains as the wider crypto market falters in the aftermath of BTC’s plunge below $42,000
Analysts warn that Bitcoin could dip to $38K 'before an eventual breakout'
18.1.2022
Bitcoin continues to struggle below $42,000 as extreme fear grips the crypto market and analysts hint at a drop to $38,000