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IRS Comes for Crypto John Does, Bitcoin Mining Difficulty Drops, Complex Apps on Algorand + More News
3.3.2022
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: IRS Comes for Crypto John Does, Bitcoin Mining Difficulty Drops, Complex Apps on Algorand + More News
Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation
3.3.2022
A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the controversial provision sparked objections from the crypto community. MiCA Proposal...
Technical Analysis: Fantom Climbs Close to 10% Higher, While THETA Drops on Wednesday
2.3.2022
Fantom was trading by almost 10% higher during Wednesday’s session, as the crypto market was marginally up. Despite this, there were a few notable bears, THETA being one of them and was down by as much as 5% earlier in the session. Biggest Gainers Fantom was one of Wednesday’s biggest...
Bitcoin & Stablecoins Most Resilient as Crypto Market Sentiment Drops Again
28.2.2022
Sentiment across the crypto market dropped for the second consecutive week, although some of the largest cryptoassets were almost unchanged in price over the past week. According to the market sentiment analysis service Omenics, the average 7-day sentscore for the top 10 cryptos tracked dropped...
Bitcoin’s Hashpower Drops, BTC Mining Difficulty Expected to Jump Higher in 4 Days
27.2.2022
The processing power behind the Bitcoin network has dropped 30% since the hashrate’s all-time high (ATH) on February 15, sliding from 249 exahash per second (EH/s) to 169 EH/s. Furthermore, four days from now, the network’s mining difficulty is expected to increase following the 4.78%...
MUFG drops blockchain payment project to focus on stablecoins
23.2.2022
Established in 2019, MUFG’s blockchain payments project GO-Net Japan is shutting down due to low expected profitability
Crypto Market Sentiment Drops, Bitcoin Remains in Positive Zone, Crypto.com Coin Rises
21.2.2022
Sentiment in the crypto market changed its direction last week, with the 7-day average sentscore of the 10 major cryptoassets tracked by the market sentiment analysis service Omenics slipping from 5.41 a week ago to 5.26 today.
The drop in sentiment follows a downturn in crypto prices, with...
Snoop Dogg Drops 10,000 Playable Sandbox Avatar NFTs – Mint a Unique Doggie and Explore the Metaverse in Style
21.2.2022
With the memory of The Sandbox Alpha release still fresh and the funky music from the Snoop Dogg concert still lingering in their minds, fans must be thrilled to know that Season II is already on the way! Prior to the new season, The Sandbox is going to launch a grand collection of unique Snoop...
NASCAR Launches Daytona 500 Digital Collectibles via the Wax Blockchain Platform
18.2.2022
On Friday, the National Association for Stock Car Auto Racing (NASCAR) announced the firm launched digital collectibles for this year’s Daytona 500. NASCAR’s series of limited-edition Daytona 500 NFT drops is part of a partnership with the Wax blockchain team. NASCAR Reveals 2022...
Bitcoin, Ethereum Technical Analysis: BTC Drops to 2-Week Low Below $40,000
18.2.2022
Losses in cryptocurrency markets extended on Friday, with bitcoin falling to multi-week lows in the process. Ethereum was also lower during the session, whilst the global crypto market cap was down 3.70% as of writing. Bitcoin Bitcoin was down for a third consecutive session, as recent bearish...
NFT Sales Nosedive This Week as Volume Drops Close to 30%
16.2.2022
According to current metrics, non-fungible token (NFT) sales have dropped 29.35% since last week. While Ethereum and Solana are the two blockchains with the most NFT sales volume, both blockchain networks have seen NFT sales nosedive anywhere between 27% to 32% over the last seven days. Weekly...
Former Thai Central Bank Director Predicts Crypto Bubble Emerging in March
10.2.2022
A former Bank of Thailand director has warned about an imminent crypto crash. “A cryptocurrency bubble will emerge at the end of March when liquidity in the financial market drops,” he reportedly predicted. Former Central Bank Director Warns Crypto Market Will Soon Crash Former Bank...
NFT prices misfire as OpenSea daily active user volume drops 30% in a week
10.2.2022
OpenSea closed out over $1.3 billion in sales in the last seven days, yet the number of daily active users on the platform dropped by more than 30%
Aave Launches Web3, Smart Contracts-Based Social Media Platform Built on Polygon
9.2.2022
The decentralized finance (defi) lending platform Aave has revealed the launch of a Web3 social media platform called the Lens Protocol. According to the team, Lens is a “Web3, smart contracts-based social graph” that is built using the Polygon blockchain. Defi Project Aave Drops...
Suit up! Cointelegraph Store drops fresh crypto swag
9.2.2022
Bitcoin traders and blockchain enthusiasts can find merch that shows the world they believe in future of crypto
Crypto Market Sentiment Improves, Bitcoin & Ethereum Gain, ATOM Drops
7.2.2022
Following a week of strong performance in the crypto market, sentiment among market participants is also improving. According to the market sentiment analysis service Omenics, the average 7-day sentiment score (sentscore) for 10 major cryptoassets reached 4.86 today, up from 4.39 a week ago....
Demand for Mining Equipment Drops in Russia Amid Fears of Possible Ban, Report
4.2.2022
Platforms listing ads for mining hardware have been registering declining demand since Bank of Russia’s call for a ban on the minting of digital currencies among other crypto activities. While mining may eventually be legalized, miners can expect to pay higher electricity bills. Supply...
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1.2.2022
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First Proper Trailer For Halo's TV Series Drops
30.1.2022
While it was teased in December, the first full trailer for the upcoming Halo TV series was just released and it looks, if nothing else, very expensive.Read more
Technical Analysis: Terra Luna Drops 20%, While Symbol Token Climbs on Friday
28.1.2022
Terra (Luna) was one of this week’s biggest crypto losers, falling by as much as 20% during Friday’s session. Declines in terra came as cosmos (ATOM) also had a double-digit decline. Biggest gainers Although crypto markets were mainly trading in the red, symbol (XYM) was one of...