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  • Can DeFi and CeFi coexist? Three takeaways from experts panel
    Cointelegraph.com News - 1 hour ago
    Education, transparency and access were the key themes discussed by experts from across the crypto industry during a debate on whether CeFi and DeFi can coexist. As price action bewilders market makers and traders, experts in the crypto industry reached an agreement on several important points last week. Notably, centralized finance (CeFi) and decentralized finance (DeFi), can coexist, and a “blend” of financial products and services will be available to users in the future. On Jan. 21, Cointelegraph moderated the panel discussion, “Can CeFi and DeFi Coexist?” for the Global Blockchain Business Council. In the video, panelists hash out questions related…
  • Crypto exchange FTX US closes $400M funding round to reach $8B valuation
    Cointelegraph.com News - 1 hour ago
    The new funding will be put toward expanding FTX US’ workforce and introducing new offerings. Chicago-based crypto exchange FTX US has reached an $8 billion valuation following new funding.According to Reuters on Wednesday, the American affiliate of FTX closed a $400 million funding round led by SoftBank Group Corp, Temasek Holdings, Paradigm and Multicoin Capital.FTX US president Brett Harrison said that this development puts their firm as one of the largest crypto exchanges in the United States, and sends a message to the world that they are growing very rapidly.Harrison indicated that the firm will use the funds to further its…
  • Bitcoin pundits split over BTC floor as Bloomberg analyst eyes bounce
    Cointelegraph.com News - 2 hours ago
    The jury is out on what data to trust when it comes to Bitcoin putting in a local price floor near — or below — $30,000. Bitcoin (BTC) could still fall under $30,000, but some prominent sources are already calling the end of the latest bearish turn on BTC/USD.In a tweet on Jan. 25, Mike McGlone, senior commodity strategist at Bloomberg Intelligence, eyed Bitcoin’s position relative to its 20-week moving average, noting that historically, current levels have marked a turning point.McGlone: Bitcoin “a bit extended” at all-time highsStill hopeful for Bitcoin to weather a macro storm this year, McGlone’s data…
  • NFL star’s massive tax bill highlights problems with BTC salaries
    Cointelegraph.com News - 6 hours ago
    Odell Beckham Jr.’s reported BTC salary tax debacle may provide a dire warning for anyone looking to get paid in crypto. NFL star Odell Beckham Jr.’s (OBJ) decision to take his $750,000 salary in Bitcoin (BTC) appears to have cost him dearly due to the market crash after he signed the deal. Owing to the vagaries of cryptocurrency tax laws and current prices, OBJ is estimated by some to have made 61% less than if he’d taken his salary in fiat. The loss has highlighted the tax complications from receiving a salary or yield in cryptocurrency, as crypto investors have…
  • Etherescan adds new messaging feature for anons: 'Blockscan Chat'
    Cointelegraph.com News - 6 hours ago
    The Blockscan Chat service enables users to message each other via their Ethereum wallet addresses. The team behind the popular blockchain explorer and analytics platform Etherscan has launched an Ethereum-based wallet-to-wallet instant messaging service dubbed “Blockscan Chat.” Blockscan is currently in beta testing mode, and it currently enables users to engage in an instant wallet-to-wallet chat, access chats from multiple devices, block spammy or unwanted addresses and get notified on the block explorer when a message has been received. While the new feature is a great way to talk to other anons — say to negotiate an anonymous purchase —…
  • Grayscale considers VeChain and Iota as Coinbase lists 4 low-cap coins
    Cointelegraph.com News - 6 hours ago
    Grayscale added 25 tokens to those it is considering for investment products and added AMP to its DeFi Fund, while Coinbase listed four small projects. Grayscale, the world’s largest crypto asset manager, has added 25 coins to the list of assets it is considering adding to its investment products, including VeChain (VET), Iota, Monero (XMR) and Axie Infinity (AXS).Other assets under consideration are Algorand (ALGO), Arweave (AR), Bancor (BNT), BitTorrent (BTT), Bora, Convex (CVX), Cosmos (ATOM), Decred (DCR), Elrond (EGLD), Enjin (ENJ), Fantom (FTM), Gala, Gelato (GEL), Helium (HNT), Holo (HOT), Oasis Network (ROSE), Secret (SCRT), Spell Token (SPELL), Stacks (STX),…
  • Ex-Goldman Sachs banker launches crypto app after $33M raise
    Cointelegraph.com News - 8 hours ago
    Adam Dell, brother of the billionaire Michael Dell, has pinched an impressive team to help get the project started. The former Head of Product for “Marcus by Goldman Sachs” has launched a crypto investing app, “Domain Ventures,” raising $33 million from investors on Jan 25. Adam Dell, brother of Dell computers tycoon Michael, assembled a team of 25 former staff members from Goldman Sachs. Other staffers are leaving their roles at Bridgewater Associates, Morgan Stanley, Coinbase Global Inc. and BlockFi. Former Goldman Sachs CTO Elisha Wiesel, and Christopher Giancarlo, thformer Chairman of the Commodities Futures Trading Commission have also been…
  • Eth2 is no more after Ethereum Foundation ditches name in rebrand
    Cointelegraph.com News - 9 hours ago
    “By removing Eth2 terminology, we save all future users from navigating this confusing mental model,” the Ethereum Foundation stated. The Ethereum Foundation has removed all references to “Eth1” and “Eth2” in favor of calling the original blockchain the “execution layer” and the upgraded proof-of-stake (PoS) chain the “consensus layer.”Ethereum’s long-awaited transition from a proof-of-work mining model to a PoS consensus mechanism is expected to go live in either the second or third quarter of this year.Announcing the change, the foundation cited a number of rationales, including a “broken mental model for new users,” scam prevention, inclusivity and staking clarity. In…
  • Engineer hacks Trezor wallet, recovers $2M in 'lost' crypto
    Cointelegraph.com News - 9 hours ago
    Hacker helps Trezor One owner who forgot his wallet passcode and seed phrase to recover cryptocurrency funds valued over $2 million. A computer engineer and hardware hacker has revealed how he managed to crack a Trezor One hardware wallet containing more than $2 million in funds.Joe Grand — who is based in Portland also known by his hacker alias “Kingpin” — uploaded a Youtube video explaining how he pulled off the ingenious hack.After deciding to cash out an original investment of roughly $50,000 in Theta in 2018, Dan Reich, a NYC based entrepreneur, and his friend, realized that they had…
  • Zuckerberg's Diem reportedly weighing sale after stablecoin plans falter
    Cointelegraph.com News - 9 hours ago
    It looks like Meta is planning to jump ship, with inside sources saying that the crypto initiative is trying to sell its assets. Meta-backed crypto initiative “Diem” is reportedly trying to sell its assets, seemingly calling time on Facebook founder Mark Zuckerberg’s grand ambitions for a stablecoin to act as the internet’s currency. Diem — which was previously known as Libra — is Meta Platform’s cryptocurrency initiative. According to insider sources speaking with Bloomberg, it is considering selling assets to return capital to its investors. The sources said that Diem is in discussions with investment bankers to determine the best…
  • Fading power? Weak DOGE spike after Elon Musk makes McDonald's offer
    Cointelegraph.com News - 10 hours ago
    The Twitter feud between Elon Musk and McDonald’s has escalated after the Tesla CEO offered to eat a happy meal on television Erratic billionaire and Tesla CEO Elon Musk has offered to eat a kids meal from McDonald’s live on television if the fast food giant adds Dogecoin (DOGE) as an official payment method.“I will eat a Happy Meal on TV if McDonald’s accepts Dogecoin” said the SpaceX CEO in a tweet on Tuesday morning. In the minutes following Musk’s tweet, the price of DOGE immediately jumped 7% from $0.135 to $0.145 where it remains at the time of writingPrevious…
  • Madonna, Beanie, Rug Radio and CryptoSkulls: 5 NFT events trending on Twitter
    Cointelegraph.com News - 10 hours ago
    OpenSea transaction volumes are booming again, a certain influencer was “cancelled” and Madonna might be on the verge of buying a Bored Ape Yacht Club NFT. There is no denying that pop culture has entered the NFT space in full force. The World of Women collection created by Yam Karkai has followed in the footsteps of Bored Ape Yacht Club (BAYC) by signing with a big-time Hollywood agent, and Madonna was propositioned to buy a blue chip NFT and she might be giving the offer serious consideration.Many new entrants are influenced by celebrity endorsements, yet the community proclaimed “OGs” are…
  • Stop the steal? Trump family threatens legal action against TrumpCoin
    Cointelegraph.com News - 10 hours ago
    The former President’s son Eric Trump fired off a threatening tweet to TrumpCoin for using his family’s name fraudulently, although the token’s Twitter account appeared unconcerned. A low cap cryptocurrency named TrumpCoin (TRUMP) has finally drawn the ire of the Trump dynasty six years after it entered the market. On Jan. 25, Donald Trump’s second son Eric threatened legal action against the TRUMP cryptocurrency for allegedly using his family’s name fraudulently.Fraud Alert: It has come to our attention that someone is promoting a crypto currency called “TrumpCoin” (Symbol  “TRUMP.”) This has NOTHING to do with our family, we do not authorize…
  • Bitcoin hits $37.5K, stocks recoup losses ahead of Wednesday’s FOMC statement
    Cointelegraph.com News - 13 hours ago
    BTC and stocks bounced back from Monday’s onslaught as analysts speculate that the Fed’s upcoming rate hikes are beginning to be priced into the Bitcoin’s price action. The dominant sentiment of doom and gloom in the crypto market shifted toward hope on Jan. 25 after the price of Bitcoin (BTC) climbed to $37,500 briefly as stock markets staged a midday rally that recovered most of the losses from Jan. 24.Even with Jan. 25’s recovery, global markets remain in a state of flux, primarily due to uncertainty over the U.S. Federal Reserve’s plan to raise interest rates in the coming months,…
  • IMF urges El Salvador to remove Bitcoin's status as legal tender
    Cointelegraph.com News - 13 hours ago
    According to the IMF’s executive board, the use of Bitcoin as legal tender carried “large risks” related to financial stability, financial integrity and consumer protection. Members of the executive board at the International Monetary Fund are urging lawmakers in El Salvador to no longer recognize Bitcoin as legal tender.The IMF reported on Tuesday that though digital payments had the potential to increase financial inclusion in the Central American nation, the use of Bitcoin (BTC) as legal tender carried “large risks” related to financial stability, financial integrity and consumer protection. The executive board directors urged El Salvador authorities to “narrow the…
  • Yet another solo Bitcoin miner solved a valid block, earning a reward worth over $220,000
    Cointelegraph.com News - 14 hours ago
    Mining bitcoin without any help from a larger pool has become an increasingly-improbable feat over the last decade. Another Bitcoin (BTC) miner from the Solo CK mining pool has solo mined a new block on the Bitcoin blockchain, earning a block reward of 6.25 BTC (over $220,000 at current prices) as a result. The event took place on Monday at a block height of 720,175.Solo mining consists of attempting to validate blocks by a single miner, without teaming efforts with other miners on a mining pool, and running a full blockchain node. Without significant hashing capabilities, the odds of validating…
  • YouTube head of gaming Ryan Wyatt to resign and join Polygon Studios as CEO
    Cointelegraph.com News - 14 hours ago
    “I am fascinated by blockchain app development and am beyond thrilled to enter the Web3 space,” says Wyatt. On Tuesday, Ryan Wyatt, head of gaming at YouTube, announced he would be leaving the video-sharing platform in February. Partly due to his leadership, YouTube Gaming sees over 250 million daily logged users per day with hundreds of billions of watch time each year. Wyatt cited his passion for blockchain and Web3 development in explaining his resignation. He will soon join Polygon Studios as its CEO.Polygon Studios is the gaming and non-fungible tokens, or NFTs, arm of the namesake layer-two Ethereum scaling network.…
  • Coinbase joins NGO's efforts using crypto to help Haitians impacted by earthquakes, civil unrest
    Cointelegraph.com News - 15 hours ago
    Affected individuals should be able to use the digital funds for goods and services at more than 30 participating merchants in Haiti, with the option for vendors to cash out. Major crypto exchange Coinbase has given a $150,000 grant to Hope for Haiti as part of a pilot program aimed at providing financial assistance to Haitians experiencing social and economic hardship. In a Tuesday announcement, Hope for Haiti said Coinbase would be making the $150,000 contribution to its pilot project with financial inclusion-driven firm Emerging Impact and the Celo Foundation. According to Celo, the project utilizes the Celo Dollar (cUSD) and…
  • Is the bottom in? Data shows Bitcoin derivatives entering the ‘capitulation’ zone
    Cointelegraph.com News - 16 hours ago
    A key risk indicator for BTC options hit its highest level in six months, possibly signaling that $32,930 was the bottom. Analysts love to issue price predictions and it seems that nine out of 10 times they are wrong. For example, how many times did analysts say “we will never see Bitcoin back at X price again,” only to see it plunge well below that level a few months later? It doesn’t matter how experienced a person is or how connected in the industry. Bitcoin’s (BTC) 55% volatility must be taken seriously and the impact this has on altcoins is usually…
  • U.S. Congressman calls for ‘Broad, bipartisan consensus’ on important issues of digital asset policy
    Cointelegraph.com News - 16 hours ago
    Representative McHenry is convinced that Congress should take crypto regulation away from executive agencies and courts. In a letter to the leadership of the United States House Financial Services Committee, ranking member Patrick McHenry took a jab at “inconsistent treatment and jurisdictional uncertainty” inherent in U.S. crypto regulation and called for the committee to take on its critical issues.McHenry, a Republican representing North Carolina, opened by mentioning that the committee’s Democratic chairwoman Maxine Waters is looking to schedule additional hearings addressing matters pertinent to the digital asset industry. He further stressed the need for identifying and prioritizing the key issues…
  • YouTube CEO hints that NFTs could be added to creator platform
    Cointelegraph.com News - 17 hours ago
    Susan Wojcicki stated YouTube’s intent to “help creators capitalize on emerging technologies.” YouTube’s CEO, Susan Wojcicki, addressed YouTube’s priorities for 2022 in a letter published Tuesday on the company blog. Among those priorities is the possibility of adding nonfungible token, or NFT, features for the platform’s video creators.there’s *so much* to in 2022: @SusanWojcicki shares the future of YouTube → https://t.co/uL2WIbLwXK pic.twitter.com/JEW8yzqh7e— YouTube (@YouTube) January 25, 2022 What this could look like is yet to be determined, however. No additional details were provided in Wojcicki’s statement aside from the claim that the YouTube team will use developments in the Web3 space…
  • Kanye West wants royalties from Paparazzi photos, with the help of NFTs
    Cointelegraph.com News - 17 hours ago
    “You don’t give us any percentage of what you make off us, off our kids. And I’m going to change that,” the artist told one paparazzi photographer. Kanye West expressed his frustration at the paparazzi after being filmed arriving at Miami International Airport on Monday, as seen in a video posted by ET Canada. Kanye can be heard saying to the cameraman:”It’s just really one-sided. You guys can follow us, you guys to stand from the hotel at any given time. You don’t give us any percentage of what you make off us, off our kids. And I’m going to…
  • Why crypto industry needs venture capital: Q&A with veteran investor
    Cointelegraph.com News - 17 hours ago
    With so many crypto projects being launched, founders are now looking beyond “traditional” crypto fundraising options. Traditional funding in the crypto space was once considered useless. After all, the industry itself offers different, controversial, but nonetheless, ways to fund a project – initial coin offering (ICO), initial exchange offering (IEO) and the current darlings of offerings – launchpads and initial decentralized exchange (DEX) offerings. But with the industry maturing and more startups wanting not only the capital but mentorship to build a working and valuable product, venture capital has emerged as one of the most attractive options. Cointelegraph talked to Li…
  • Former CFTC chair Chris Giancarlo joins Digital Asset's board
    Cointelegraph.com News - 18 hours ago
    Many in the crypto and blockchain space referred to Giancarlo as “Crypto Dad” for his role in supporting digital assets during his five years at the CFTC. Chris Giancarlo, who served as chair for the U.S. Commodity Futures Trading Commission until 2019, will be joining the board of directors for blockchain startup Digital Asset.In a Tuesday announcement, Digital Asset said Giancarlo would be providing counsel on asset tokenization, distributed ledger technology, and the possible impact of regulatory developments on the crypto space. The former CFTC chair is currently working as senior counsel at the Willkie Farr & Gallagher law firm…
  • What is the best marketplace to buy NFTs? Find out now on The Market Report
    Cointelegraph.com News - 18 hours ago
    Cointelegraph’s resident experts discuss which NFT marketplace offers the best features. “The Market Report” with Cointelegraph is live right now!On this week’s show, Cointelegraph’s resident experts discuss which nonfungible token (NFT) marketplace has the most to offer its customers.But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is here to break it down.Next up, join Cointelegraph analysts Benton Yaun, Jordan Finneseth and Sam Bourgi as they debate which marketplace is the best for NFTs. Will Bourgi’s…
  • Amex CEO hints at exploring ways to allow credit card holders to redeem points for crypto
    Cointelegraph.com News - 19 hours ago
    “We’re exploring other ways, potentially, to redeem your membership rewards points, but I don’t think you’re going to see an American Express card linked to cryptocurrency anytime soon,” said Stephen Squeri. American Express credit card holders may one day be able to redeem points for cryptocurrencies, but the company has no immediate plans to issue a crypto-linked credit card.In a Tuesday interview with Yahoo! Finance, Amex CEO Stephen Squeri said credit card holders were “probably not gonna see an Amex crypto-linked card anytime soon” but the company was already involved in using cards for stablecoins, and monitored for central bank…
  • Here’s how to keep your crypto safe
    Cointelegraph.com News - 20 hours ago
    When the mafia kidnapped me, I had the choice to pay the ransom in either fiat money or Bitcoin. I did not hesitate before choosing the latter. Had I picked the first option, the criminals would have held me in a dark, damp cell for days in the Pacific Islands until the funds went through KYC, identity check, or, God forbid, the bank placed a hold on the funds. But after I paid, I was let go instantly. Who knew the network’s 10-minute transaction time and cross-border anonymity could be such a lifesaver? Dr. AnonAccording to a recent report compiled…
  • Germany's 2021: New regulations, the digital euro and NFTs on the rise
    Cointelegraph.com News - 20 hours ago
    2021 was an eventful year for the German crypto industry. Cointelegraph takes a look at the most important developments of the past year in a review. An interesting year has come to an end for the crypto industry in Germany. Although blockchain technology and cryptocurrencies have not yet found wide acceptance in the country, more and more domestic institutions and investors are becoming interested in the crypto world thanks to legal clarity.Here, we’ll look back at the most important developments in the German blockchain and cryptocurrency industries in 2021.Securities law reform to embrace blockchainIn terms of legal challenges, German legislators…
  • Thai regulators team up to issue guidelines on digital asset payments
    Cointelegraph.com News - 21 hours ago
    The joint committee of the BOT, SEC and MOF believes the current payment infrastructure is efficient and digital assets would add no extra benefits. The Bank of Thailand (BOT), the Thai Securities and Exchange Commission (SEC) and the Thai Ministry of Finance (MOF) have come together to review and issue guidelines on the use of digital assets as a payment tool.In a joint press release on Tuesday, Thailand’s top regulatory bodies said that it has become necessary to review and regulate digital assets as a means of payment for goods and services. After careful consideration and assessing all the pros…
  • New private messaging app claims to be decentralized and quantum-resistant
    Cointelegraph.com News - 21 hours ago
    David Chaum has launched a new private messaging system that claims it can keep message data and information about its users secure against the most powerful computers. A new private messaging app called XX Messenger has been developed by renowned cryptographer David Chaum, and it claims to be quantum-resistant.A quantum-resistant messenger would be able to shield message content from all currently known decryption efforts. This would protect the sender and receiver, and their location data, from being intercepted or tracked by unwelcome interlopers. The app is now available on both the Apple and Android app stores.Quantum resistance refers to cryptographically…
  • Can Ethereum Compete With Its Rivals This Year? Coinbase Looks at State of ETH in New Report
    The Daily Hodl - 1 hour ago
    Top US crypto exchange Coinbase is evaluating the road ahead for leading smart contract platform Ethereum (ETH), which has had a bumpy start to the new year. In a detailed report, Coinbase’s head of institutional research David Duong says that Ethereum is at a critical juncture both regarding its own attempts to roll out ETH […] The post Can Ethereum Compete With Its Rivals This Year? Coinbase Looks at State of ETH in New Report appeared first on The Daily Hodl.
  • Trading Veteran Tone Vays Says Bitcoin Bull Market Is Not Over, Doubles Down on $100,000 BTC Call
    The Daily Hodl - 3 hours ago
    Seasoned trader Tone Vays says he remains bullish on Bitcoin (BTC) despite BTC’s sharp decline from its all-time high of $69,000. In a new strategy session, Vays explains to his 119,000 YouTube subscribers that he’s still biased on Bitcoin in the bullish direction and that BTC has not yet entered bear territory. “I believe in […] The post Trading Veteran Tone Vays Says Bitcoin Bull Market Is Not Over, Doubles Down on $100,000 BTC Call appeared first on The Daily Hodl.
  • Crypto Index Tracker – Metaverse Suffers Most in Crypto Quake
    The Daily Hodl - 5 hours ago
    Despite some stabilization over the past 24 hours, crypto markets are down meaningfully over the past week. This has come in the context of weak tech stocks and nervousness over Fed hikes. But there has been some divergence across crypto markets. Bitcoin has been one of the more resilient coins and is down ‘only’ 14% […] The post Crypto Index Tracker – Metaverse Suffers Most in Crypto Quake appeared first on The Daily Hodl.
  • Deep Dive – How Crypto Impacts Global Equity Prices
    The Daily Hodl - 7 hours ago
    Bitcoin and Ethereum are now ranked among the world’s top 20 traded assets. And their market caps exceed some of its largest companies. Their growth during the pandemic reflects a significant rise in the popularity of and participation in the crypto ecosystem. But with all the crypto mania, how are these decentralized markets influencing traditional […] The post Deep Dive – How Crypto Impacts Global Equity Prices appeared first on The Daily Hodl.
  • Popular Trader Predicts One More Bitcoin Dip Before Epic Rally – Here’s His Bottom Target for BTC
    The Daily Hodl - 12 hours ago
    A popular crypto analyst and trader thinks Bitcoin (BTC) is primed for another price dip before bouncing back. The analyst pseudonymously known as Capo tells his 236,900 Twitter followers that he thinks Bitcoin will wick downward under $30,000 before recovering. BTC is trading at $36,215.46 at time of writing and is down more than 14% […] The post Popular Trader Predicts One More Bitcoin Dip Before Epic Rally – Here’s His Bottom Target for BTC appeared first on The Daily Hodl.
  • Binance Lists Altcoin Built on Polkadot (DOT), Plus An Additional Crypto Asset On Terra (LUNA)
    The Daily Hodl - 12 hours ago
    The world’s largest crypto exchange has listed a new altcoin project in the Polkadot ecosystem, as well as another crypto asset based on Terra (LUNA). In a new announcement, Binance says it’s listing Acala (ACA), an Ethereum-compatible smart contract platform and Polkadot (DOT) parachain. Acala’s blockchain has built-in decentralized finance (DeFi) protocols for app developers […] The post Binance Lists Altcoin Built on Polkadot (DOT), Plus An Additional Crypto Asset On Terra (LUNA) appeared first on The Daily Hodl.
  • End of Bitcoin Downtrend? Crypto Analyst Benjamin Cowen Looks at Worst-Case Scenario for BTC
    The Daily Hodl - 14 hours ago
    Popular crypto trader Benjamin Cowen thinks Bitcoin (BTC) could drop quite a bit further before bouncing back up in price later this year. Cowen tells his 700,000 YouTube subscribers that Bitcoin’s potential worst-case scenario over the next few months is based on the crypto asset’s 200-week moving average, which currently sits around $19,300. That metric […] The post End of Bitcoin Downtrend? Crypto Analyst Benjamin Cowen Looks at Worst-Case Scenario for BTC appeared first on The Daily Hodl.
  • Bitcoin Is an Early Adoption Technology Set for Volatile Growth Like Amazon Stock: SkyBridge Capital’s Anthony Scaramucci
    The Daily Hodl - 14 hours ago
    SkyBridge Capital founder Anthony Scaramucci says that Bitcoin (BTC) is an early adoption technology on track to trade like Amazon’s stock price in its early days. In a new interview with CNBC, Scaramucci points to Amazon’s stock’s long-term profitability despite numerous periods of extreme price volatility. “I lived through [the 2000 Nasdaq debacle], and many things […] The post Bitcoin Is an Early Adoption Technology Set for Volatile Growth Like Amazon Stock: SkyBridge Capital’s Anthony Scaramucci appeared first on The Daily Hodl.
  • Investment Banking Giant Issues Bitcoin (BTC) and Crypto Warning, Says Correction Could Start Multi-Year Bear Winter: Report
    The Daily Hodl - 16 hours ago
    Analysts at investment banking giant Union Bank of Switzerland (UBS) are reportedly warning that a confluence of factors could see crypto prices remaining depressed for years. According to Business Insider, the UBS analysts said in a note to clients that plans by the Federal Reserve Bank to hike interest rates will make Bitcoin (BTC) less […] The post Investment Banking Giant Issues Bitcoin (BTC) and Crypto Warning, Says Correction Could Start Multi-Year Bear Winter: Report appeared first on The Daily Hodl.
  • Cosmos (ATOM), Fantom (FTM) and 23 Other Altcoins Added to Crypto Giant Grayscale’s List of Assets Under Consideration
    The Daily Hodl - 16 hours ago
    The world’s largest digital asset manager has provided a glimpse into which crypto investment products they’re considering offering next. According to a new announcement, there are 25 crypto assets that Grayscale is considering for new investment products, including altcoins Cosmos (ATOM) and Fantom (FTM). “‘Assets Under Consideration’ lists some digital assets that are not currently included […] The post Cosmos (ATOM), Fantom (FTM) and 23 Other Altcoins Added to Crypto Giant Grayscale’s List of Assets Under Consideration appeared first on The Daily Hodl.
  • Cardano’s DEX Sundaeswap Fails To Impress The Audience! Will, It Soon Fixes The Bugs To Reach Billion Mark In TVL!
    Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 1 hour ago
    The post Cardano’s DEX Sundaeswap Fails To Impress The Audience! Will, It Soon Fixes The Bugs To Reach Billion Mark In TVL! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Sundaeswap holds the superiority of being the first-ever DEX to be launched Cardano’s blockchain. Its mainnet launch was filled with criticism as the decentralized application experienced major network congestion issues since the beginning.  On the other hand, it is also noted that the DEX is failed to keep up its promise in its collaboration with …
  • Is This The Much Needed Catalyst By Ripple To Fuel XRP Price Rally To $3.2
    Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 2 hours ago
    The post Is This The Much Needed Catalyst By Ripple To Fuel XRP Price Rally To $3.2 appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide The crypto world’s much talked digital asset XRP rises back to limelight, as the makers boast the protocol’s flex. The lawsuit-ridden protocol has been yearning for a relief from the gloom, which has been tormenting the digital asset, makers, and the holders. While the lawsuit finds no end in sight, with frequent extensions in the …
  • Bitcoin Price Might Surge 362% After Heavy Correction ! Here’s When BTC Price Will Sky-Rocket
    Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 2 hours ago
    The post Bitcoin Price Might Surge 362% After Heavy Correction ! Here’s When BTC Price Will Sky-Rocket appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide While the cryptocurrency market is slowly changing its sentiment as the bulls take over, Bitcoin and majority of the altcoins have made some handful gains in the last 24 hours as a compensation to the losses suffered last week. Amid various speculations of which direction the market will head next, this analyst says that Bitcoin …
  • Bitcoin Illiquid Supply To Undergo Bullish Divergence! BTC Price Will Be Worth $72.5k By March ! 
    Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 3 hours ago
    The post Bitcoin Illiquid Supply To Undergo Bullish Divergence! BTC Price Will Be Worth $72.5k By March !  appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide The flagship asset took an unexpected bearish divergence in January, yet there is a major catalyst that could support a rally up to $72.5k in February. Social media is filled with a buzz of Bitcoin price forecast, where some veterans argue that the most dominant asset will be a $10 trillion asset by the year’s …
  • Solana(SOL) Price is Attempt to Roar Above $100, Will it Rally To hit $150 or Revisit $80 ?
    Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 4 hours ago
    The post Solana(SOL) Price is Attempt to Roar Above $100, Will it Rally To hit $150 or Revisit $80 ? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Solana amazed the entire crypto space with a gigantic rally which surged above $250 in a short period. Woefully, the rally quickly faded and is currently appearing to slash towards its initial levels. While the present consolidation is looked upon as a minor accumulation which may ignite a decent uptrend further, yet the possibilities of …
  • As Market Recovers Here’s What Traders Can Expect From Cardano (ADA) , Fantom (FTM) and Harmony (ONE)
    Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 5 hours ago
    The post As Market Recovers Here’s What Traders Can Expect From Cardano (ADA) , Fantom (FTM) and Harmony (ONE) appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Over the last 24 hours, the global cryptocurrency market capitalization increased by 0.50 percent to $1.63 trillion. The majority of cryptocurrencies are trading in the green today, as there has been a minor shift in the sentiment, with Bitcoin and Ethereum rising more than 8 percent. In the previous 24 hours, Solana and Avalanche have …
  • Crypto Market Show Signs of Recovery : ETH, MATIC, BTC LUNA, and SOL See Robust Demand
    Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 5 hours ago
    The post Crypto Market Show Signs of Recovery : ETH, MATIC, BTC LUNA, and SOL See Robust Demand appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide The total market has dropped by a similar amount, losing $1.5 trillion in just two months. It has sparked predictions of a ‘Crypto Winter,’ akin to those observed after the bull markets of 2013 and 2017. Although analysts are split on which way the market will go from here, Ethereum (ETH), Cardano (ADA), Binance Coin …
  • Here’s What Next For ADA, DOT, DOGE, LUNA, LINK, AXS and ATOM Price !
    Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 5 hours ago
    The post Here’s What Next For ADA, DOT, DOGE, LUNA, LINK, AXS and ATOM Price ! appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Looks like the crypto market is finally out of the woods as Bitcoin has increased by 10%. Day traders’ favourite altcoins, ETH, LUNA, and ATOM, are also up and to the right. Even if entire investments is in the red, the trading lines are green. Cardano (ADA), Polkadot (DOT), Terra (LUNA), and four more altcoins …
  • FTM, ATOM, MANA Strategically Sound For A Healthy 35% Run ! Here’s When
    Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 12 hours ago
    The post FTM, ATOM, MANA Strategically Sound For A Healthy 35% Run ! Here’s When appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide The crypto town has been struggling to rebound from the clutches of the bears. While merchants from the town have rolled up their sleeves to make business irrespective of the market trends. While altcoins are capable of making riches out of little investments, traders have been failing to strategize their moves. Buying the bottoms and …
  • Cardano Price Remains Stuck in Rut,Will ADA Price Slip Below $1 By The Weekend?
    Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide - 14 hours ago
    The post Cardano Price Remains Stuck in Rut,Will ADA Price Slip Below $1 By The Weekend? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Highlights Cardano remains stuck in a rut, despite its upper hand over other L1 projects.The Cardano community embraces the governance week, while the network approaches a major landmark. The crypto industry’s sixth largest cryptocurrency Cardano, is back to its range bound levels. After traversing its euphoric runs following the anticipation of its DEX SundaeSwap, which …
  • Belarus to Remain Crypto-Friendly as Ally Russia Mulls Blanket Ban
    Bitcoin News - 20 minutes ago
    Authorities in Belarus have no intentions to adopt stricter rules for the country’s crypto space. That’s despite neighboring Russia, a close partner in many areas, considering a blanket ban on а number of activities related to cryptocurrencies as suggested by the central bank in Moscow. Belarus to Keep Favorable Crypto Regulations Officials in Belarus do […]
  • Net Inflows Into Largest Gold ETF Surge Amidst Falling Stocks and Crypto Prices
    Bitcoin News - 2 hours ago
    Net inflows into SPDR Gold Shares surged to a new record of $1.63 billion, the highest since its listing in 2004. The surge of net inflows into one of the largest gold exchange-traded funds (ETFs) comes against a backdrop of falling cryptocurrency and stock values. Investors More Bullish on Gold One of the world’s largest […]
  • Ken Kutaragi, Father of the Sony Playstation, Criticizes Current Metaverse Push
    Bitcoin News - 3 hours ago
    Ken Kutaragi, father of the Sony Playstation, has issued his opinion about the metaverse narrative currently developing on the market. The former executive of Sony stated that he saw no point in the metaverse idea of separating the real world from the virtual one. Playstation Inventor Bashes Current Metaverse Conception Ken Kutaragi, one of the […]
  • Binance Becomes Main Sponsor of Argentinian Soccer Association
    Bitcoin News - 5 hours ago
    Cryptocurrency exchange Binance has signed a partnership agreement with the Argentinian Soccer Association (AFA), one of the biggest soccer federations in the world, to become its main sponsor. With this deal, Binance will become the main sponsor of all the Argentinian national soccer teams for the next five years and will issue a new fan […]
  • ‘Arivaman’ to Travel the World in a Unique and Innovative Way
    Bitcoin News - 5 hours ago
    PRESS RELEASE. As the new year gets underway, there has been a lot of speculation and interest regarding what role the metaverse, crypto and VR (Virtual Reality) will play going forward. After all, our society is becoming increasingly digitised and the COVID-19 global pandemic is still very much ongoing. As a result, there is a […]
  • Indonesia’s Regulator Prohibits Financial Firms From Facilitating Crypto Trading
    Bitcoin News - 7 hours ago
    Indonesia’s Financial Services Authority (OJK) has prohibited financial firms from using, marketing, and/or facilitating crypto trading. The financial regulator also cautioned the public to always beware of fraudulent Ponzi schemes under the guise of crypto. Indonesian Regulator’s Crypto Warning Indonesia’s Financial Services Authority (OJK), the Jakarta-based government agency which regulates the financial services […]
  • Trump Family Threatens Legal Action Over Trumpcoin Crypto — Says ‘We Do Not Authorize the Use’
    Bitcoin News - 8 hours ago
    The Trump family has threatened legal action over trumpcoin, a cryptocurrency created in 2016 “to honor Donald J. Trump.” Eric Trump said that the crypto has nothing to do with the Trump family. “We do not authorize the use and we are in no way affiliated with this group. Legal action will be taken,” he […]
  • Elon Musk Tempts McDonald’s to Accept Dogecoin — McDonald’s Replies ‘Only if Tesla Accepts Grimacecoin’
    Bitcoin News - 10 hours ago
    Tesla CEO Elon Musk says that he will eat a happy meal on television if McDonald’s accepts the meme cryptocurrency dogecoin (DOGE). However, McDonald’s replied, “only if Tesla accepts grimacecoin.” Musk’s statement followed a tweet by McDonald’s asking how crypto Twitter is doing. Elon Musk Tries to Tempt McDonald’s to Accept Dogecoin Tesla […]
  • NYC Mayor Eric Adams Defends Receiving Paycheck in Bitcoin as Price Crashes
    Bitcoin News - 11 hours ago
    The mayor of New York City, Eric Adams, converted his first paycheck into bitcoin and ether before the price of the cryptocurrencies plummeted. However, the mayor said, “When you are a long-term investor, you don’t keep your eyes on your portfolio.” He added that the purpose of receiving a paycheck in bitcoin is to send […]
  • Grayscale Considering 25 More Crypto Assets for Investment Products
    Bitcoin News - 13 hours ago
    Grayscale, the world’s largest crypto asset manager, is considering 25 more crypto assets for investment products. With the latest additions, the company’s list of coins under consideration has grown to 43. “The process of creating an investment product similar to the ones we already offer is a complex, multifaceted process,” said Grayscale. 25 Crypto […]
    • Dvision Network Announces 2nd LAND Sale On Dvision Marketplace And OpenSea
      NewsBTC - 1 hour ago
      The second LAND NFTs sale for Dvision Network is scheduled to begin on January 27th. It is another opportunity for users to own space in the Dvision Meta-Cities, two of which are being opened with the most recent LAND sale. LAND NFTs will be sold across two platforms, the Dvision Marketplace and OpenSea, where users will be able to purchase the NFTs using MATIC tokens. This iteration of the Dvision LAND sale will see a total of 4,651 NFTs go up for sale, spread evenly between the two NFT marketplaces. Users will be able to purchase these NFTs at the…
    • Remaining Calm In The Chaos – Trust Yourself To Invest In Crypto With Tycoon
      NewsBTC - 2 hours ago
      Looking beyond the common notion that cryptocurrency markets are volatile, there lies another characteristic that can make the idea of investing in crypto difficult for some. There is an air of frenzy that moves throughout this burgeoning market, and this feeling is pervasive on social media alongside FOMO. Being exposed to the wrong voices in such an important space can ruin one’s perception of cryptocurrencies completely, and it would be a shame for anyone to waste future opportunities due to having had such an experience. An Eclectic Marketplace For instance, celebrities have been caught out on multiple occasions for wrongly…
    • DIG Invests Heavily in the Metaverse
      NewsBTC - 3 hours ago
      Decentralised Investment Group (DIG) is a Dubai-based company that believes in the power of the blockchain to transform lives. In line with this goal, the company is committed to making impactful investments in the blockchain space, including the GameFi sector. They aim to embrace decentralisation in all possible ways, making it ubiquitous whilst integrating it into every single aspect of the world. Ultimately, this will change the fabric of society. GameFi Investments Just a few years ago, the metaverse was a concept that only existed in science fiction books. However, modern technology, and especially the internet, has made the metaverse…
    • Is Football the Next Trend in Cryptoverse?
      NewsBTC - 3 hours ago
      World-famous football clubs and superstars are making a grand entrance to the crypto world by issuing fan tokens and releasing unique NFT collections. The timing for this crossover couldn’t have been more perfect. The pandemic widened the gap between fans and sports clubs. It was challenging to develop activities to spur fan engagement on a digital platform. Even the football clubs were in a tough spot, albeit over 2.5 billion fans worldwide. To overcome these challenges and delight fans with new experiences, clubs began pursuing new ventures in the crypto space. Some of the wealthiest football clubs in the world,…
    • SharkRace Club – the World’s First NFT project with Rarity Upgrade Platform and Play-to-Earn 3D Game
      NewsBTC - 4 hours ago
      SharkRace Club project developers have implemented the latest technologies to provide maximum value and incredible experience for the SharkRace Club members. The platform embraces high-quality NFTs and play-to-earn 3D Metaverse Game, offering so much fun for players. BSC Blockchain and Built-In Wallet The SharkRace Club project is built on the BSC blockchain. Developers chose this platform as it provides the fastest and safest transactions. In addition, all operations within the ecosystem will be processed through smart contracts. The project development team has extensive expertise in building blockchain solutions. Together they have developed Tizer crypto wallet, which is available to download…
    • TA: Ethereum Aims Key Upside Break, What Could Stop Recovery
      NewsBTC - 5 hours ago
      Ethereum is recovering losses above $2,400 against the US Dollar. ETH price is rising, but it must clear $2,550 for a steady increase. Ethereum is slowly moving higher towards the $2,500 and $2,550 resistance levels. The price is trading below $2,500 and the 100 hourly simple moving average. There was a move above a major bearish trend line with resistance near $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rise steadily if there is a clear move above the $2,550 resistance zone. Ethereum Price Faces Resistance Ethereum found support near $2,150 and started a…
    • TA: Bitcoin Eyes Steady Recovery, Why Bulls Might Struggle
      NewsBTC - 8 hours ago
      Bitcoin started a recovery wave above $36,000 against the US Dollar. BTC must settle above the $38,000 zone to start a steady upward move. Bitcoin is trying to clear the $37,500 and $38,000 resistance levels. The price is now trading above $36,500 and the 100 hourly simple moving average. There is a key breakout pattern forming with resistance near $37,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a steady upward move if there is a clear move above the $38,000 resistance. Bitcoin Price Eyes Upside Continuation Bitcoin price managed to stay…
    • ARK Invest: Why Bitcoin Could Be Worth $1 Million Per Coin By 2030
      NewsBTC - 11 hours ago
      ARK Invest, the brainchild of savvy investor Cathie Wood, has had a rough go over the past few months. The flagship fund ARKK is down nearly 60% from it’s record high last year, however Wood and her team of analysts aren’t stopping their full-focus on innovative and forward-thinking investments – even when fundamental investments are running the show. This week was host to ARK’s ‘Big Ideas Summit,’ and ARK crypto analyst Yassine Elmandjra supplemented that material with a boisterous bitcoin tweet that will be music to BTC maxi’s ears. Cathie Wood & ARK Invest: Notorious Bulls Elmandjra’s tweet, which can…
    • Bitcoin Whales Take Advantage Of Market Crash To Gobble Up Millions In BTC
      NewsBTC - 12 hours ago
      The bitcoin crash rocked the market to its core when the digital asset had lost over 50% of its all-time high value to bottom out at $33,000. It was as a result of market sell-offs across the financial space, sparking a ripple effect that was felt heavily in the crypto market. Market sentiment had crumbled during this time as investors had scrambled to sell their holdings. However, not everyone saw the declining prices as a signal to sell before prices tank even more. Whales, who control a large portion of the circulating supply, took this as a cue to buy…
    • Bitcoin Recovers From Seven Month Low Of $33K
      NewsBTC - 13 hours ago
      Bitcoin broke out in a feeding frenzy during the January 24 afternoon, raking up over $37K after falling to its lowest point in the same morning. It’s almost as if they’re mirroring each other’s moves. Bitcoin shot back up above $36,000 Tuesday morning after a day of heavy trading that saw the price drop below 33K for the first time since July 2021. Monday afternoon, it crossed $37,000 was staying pretty stable around 35k with some small increases here and there.  The crypto world has seen a lot of volatility over the last few years, but it’s still surprising when…
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