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Banks Launch Stablecoin Consortium, Crypto Regulatory Discussion in Hong Kong + More News
12.1.2022
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: Banks Launch Stablecoin Consortium, Crypto Regulatory Discussion in Hong Kong + More News
US Inflation Jumps Most in 40 Years, Bitcoin, Ethereum Gain
12.1.2022
In December, monthly inflation in the US was a bit higher than expected, reaching 0.5%, while the annual inflation increased to 7% and was the same as expected.
Economists expected that the consumer price index (CPI), a key measure of consumer prices released by the US Labor Department, will show...
Bitcoin and Ethereum Target Additional Gains, Altcoins Accelerate
12.1.2022
Bitcoin price remained in a positive zone above the USD 42,000 level. BTC is currently (12:27 PM UTC) showing positive signs and it even spiked above USD 43,000. A daily close above USD 43,000 might push the price towards the USD 45,000 level.
Similarly, most major altcoins are recovering...
IMF Economists: Crypto Is Not on the Fringe Anymore, Correlation with Stocks Poses Risks
12.1.2022
Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund (IMF)’s Monetary and Capital Markets Department; Tara Iyer is an economist in the Global Financial Stability Analysis Division of the same department; and Mahvash S. Qureshi is a division chief in that...
Report: Ronin Sidechain Processed 560% More Total Transactions Than Ethereum Last November
12.1.2022
The blockchain-powered game Axie Infinity has been a very popular application during the last 12 months, as the game’s NFTs have outpaced every NFT collection today in terms of all-time sales. While Axie Infinity has seen $3.85 billion in all-time sales, Nansen researcher Martin Lee recently...
Bitcoin and Ethereum Take Another Step Higher, FTM and ROSE Rally
12.1.2022
Bitcoin price started a steady increase above the USD 41,500 level. BTC even climbed above the USD 42,500 resistance and briefly spiked above USD 43,000. It is currently (04:21 UTC) consolidating near USD 42,700, with a strong support at USD 42,000.
Similarly, most major altcoins are also...
SEC Chair Gensler Discusses How Securities Laws Apply to Crypto Tokens — Won’t Say if Ethereum Is a Security
12.1.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has explained how securities laws apply to cryptocurrency tokens as he outlined the commission’s priorities in regulating the crypto space. “Our role at the SEC is to ensure that the public still gets...
Zero-knowledge scaling tech Plonky goes live on Polygon
11.1.2022
The move comes after Polygon allocated $1 billion to the advancement of zero knowledge technology
Ethereum futures and options data reflects traders’ mixed emotions on $3.2K ETH price
11.1.2022
ETH’s futures markets are slightly bearish, but options traders appear to be interpreting the rally to $3,200 as a bottoming signal
How to Use Layer-2 Solutions to Save on Ethereum Fees: Arbitrum
11.1.2022
Blockchain networks offer an option of decentralization, transparency, security, and trustless communication to facilitate new Internet-native economies. But many leading blockchains haven’t been able to accommodate their growing number of users. High adoption rates of Layer-1 (L1) chains have...
Down From the Peaks: A Look at How Far Crypto Assets Have Slid From Their All-Time Highs
11.1.2022
Digital currencies had a phenomenal year, and a great deal of the crypto assets in existence reached all-time high (ATH) prices against the world’s fiat currencies. However, the same digital currencies that tapped ATHs last year are currently down a great deal in value, as numerous...
Unstoppable Domains’ New Feature Allows Ethereum, Polygon Login With NFT Domains
11.1.2022
Unstoppable Domains, a US-based company that's building blockchain domain names, launched ‘Login with Unstoppable,’ describing it as the first functional non-fungible token (NFT) single sign-on service for Ethereum (ETH) and Polygon (MATIC) – with more than 50 companies supporting it...
Bitcoin and Ethereum Recovery Stalls Near Key Hurdles
11.1.2022
Bitcoin price started a recovery wave above the USD 41,500 level. BTC climbed above the USD 42,000 level, but it struggled near USD 42,500. It is currently (12:45 PM UTC) consolidating above USD 41,900, with a minor bearish angle.
Similarly, most major altcoins are facing important hurdles. ETH...
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....
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...
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
These 3 cryptocurrencies are taking an even bigger hit during Bitcoin's price slump
10.1.2022
Bitcoin's drop in the first ten days of 2022 is still less disappointing than some of its top crypto rivals that have fallen much harder
Bitcoin drops below $40K for first time in 3 months as fear set to 'accelerate'
10.1.2022
Volatility comes right on cue as the loss of $40,000 sparks a tussle with swings of $1,000 up and down
Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols
10.1.2022
On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster...
Record Crypto Investment Outflows, PayPal Coin, Binance CEO's Net Worth + More News
10.1.2022
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: Record Crypto Investment Outflows, PayPal Coin, Binance CEO's Net Worth + More News