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Bitcoin Gets More Investments, Ethereum - Less, Thailand Scraps Crypto Tax + More News
31.1.2022
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: Bitcoin Gets More Investments, Ethereum - Less, Thailand Scraps Crypto Tax + More News
Bitcoin, Ethereum Technical Analysis: BTC up 10% From Same Point Last Week
31.1.2022
Despite trading lower on Monday, bitcoin is up over 10% from the same point last week, with ETH also gaining within that period. In general, crypto markets were weaker to start the new week. Bitcoin Following some strong rallies over the weekend, BTC/USD gave back some of these gains on Monday...
Blockchain enthusiast allegedly losses $500k by sending WETH to contract address
31.1.2022
While the contract does wrap ETH sent to the address into WETH, the same is not true vice versa
Crypto Market Sentiment Takes Another Dive, 5 of the 10 Major Coins in the Negative Zone
31.1.2022
It hasn’t been a good week for the crypto market, and it seems to have been even worse for crypto market sentiment. The average 7-day moving crypto market sentiment score (sentscore) for ten major cryptoassets dropped from 5.05 recorded a week ago to 4.39 we’re seeing today, according to...
Russian Central Bank Still Wants to Ban Bitcoin & Crypto Mining, Despite Backlash
31.1.2022
Russia’s crypto-skeptic Central Bank appears ready to climb down over some aspects of its proposed crypto ban – but still wants to ban mining, despite recent comments on the matter from President Vladimir Putin.
VC.ru reported that the Central Bank has now repeated its calls for a ban...
Bitcoin and Ethereum Bulls Remain Active, CEL Accelerates
31.1.2022
Bitcoin price corrected lower below USD 37,000, but the bulls were active near the USD 36,500 level and the price is currently (11:59 UTC) trying to recover above USD 37,200. A clear move above USD 38,000 is a must for an upside continuation....
Read More: Bitcoin and Ethereum Bulls Remain...
Ethereum price risks dropping to $2K on 'bear flag' setup
31.1.2022
The bearish outlook appears against the backdrop of the Federal Reserve's tightening policies
Bitcoin and Ethereum Struggle to Break Resistance, LUNA Dives
31.1.2022
Bitcoin price attempted a close above the USD 38,000 resistance zone, but failed and dropped below USD 37,000 in a few hours today. It is currently (04:21 UTC) trying to recover above USD 37,000.
Similarly, most major altcoins are also moving lower. ETH topped near USD 2,650 and declined below...
Internet Computer plans to roll out BTC and ETH integrations by year-end
31.1.2022
The slated integrations with Bitcoin and Ethereum would displace the need to use a bridge, which can open the network up to malicious actors
Ethereum Fees Drop 53% in 20 Days — Polygon Hermez, Loopring Offer Lowest L2 Fees
30.1.2022
Ethereum’s average network fees have dropped to the lowest value in 30 days at 0.0096 ether or $24.64 per transaction. Median-sized ethereum fees are lower today as well, as fees are between $8.37 to $10.82 per transaction as ether fees haven’t been this low since January 1. Onchain...
Value Locked in Defi Climbs Higher, Polkadot TVL Spikes, Terra’s LUNA Sheds 21%
30.1.2022
On Sunday, January 30, 2022, the top smart contract protocol tokens by market capitalization is $592 billion or 32.66% of the $1.8 trillion crypto economy. Meanwhile, the total-value locked (TVL) in decentralized finance (defi) protocols is $192.42 billion up 5.28% since January 23. Defi TVL Climbs...
Pop Star Justin Bieber Buys Bored Ape NFT for $1.29 Million, Pays More Than 300% Above Floor
30.1.2022
The Canadian singer Justin Bieber has purchased a Bored Ape Yacht Club (BAYC) non-fungible token (NFT) for 500 ethereum or $1.29 million at the time of settlement. Bieber has a significant collection of NFTs and his wallet holds 340.43 ether worth $879K. Justin Bieber Spends $1.29 Million...
Crypto Tech Trends in 2022: UX, Scalability, Metaverse Applications, and Bitcoin Integrations
30.1.2022
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It may have given birth to an entire culture and industry, but at its core cryptocurrency remains nothing but technology. Its primary innovation was a technological means of verifying transactions in a decentralized network, and it will continue to evolve and thrive to the extent that...
Vitalik Buterin to Use $100 Million From Crypto Relief’s SHIB Funds to Accelerate Covid Relief Efforts
30.1.2022
Ethereum co-founder Vitalik Buterin has unveiled how he will use $100 million in cryptocurrency from India’s Covid Crypto Relief Fund (Cryptorelief) to accelerate relief efforts and “bring great benefit to Indians and non-Indians.” The crypto is part of the Shiba Inu funds...
Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout
29.1.2022
Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin...
Report: Nvidia’s Lite Hash Rate Tech to Stop Crypto Miners ‘Was Pointless’
29.1.2022
In mid-May 2021, the American multinational technology company Nvidia Corporation revealed that it added a hashrate limiter to curb the use of cryptocurrency mining with its graphics processing units (GPUs). However, crypto miners now say the move was pointless, and the mining organization Nicehash...
Bitcoin, Ethereum Technical Analysis: Bitcoin Moves Higher as Crypto Markets Rebound on Saturday
29.1.2022
Following two consecutive days of losses, bitcoin and ethereum both rebounded strongly to start the weekend. Crypto markets were trading close to 5% higher on Saturday. Bitcoin The world’s largest cryptocurrency regained some upward momentum on Saturday, as bitcoin bulls appeared to have...
2021 Was ‘Busiest Year by Far’ for Bitcoin IRAs, Interest in Ethereum & Altcoins Grows
29.1.2022
With crypto gaining prominence as a mainstream investment vehicle, retirement savings in the form of IRA accounts holding digital assets is on the rise in the US. And according to industry insiders Cryptonews.com spoke with, companies offering crypto IRAs had their best year ever in 2021...
What is Etherscan, and how does it work?
29.1.2022
Etherscan is a block explorer and analytics platform that allows you to access details on any Ethereum blockchain transactions that are pending or confirmed
Price analysis 1/28: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX
28.1.2022
Technical analysis points toward early bottoming signs in BTC and altcoins, but analysts forecast another sharp downside move