Bitcoin stays in tight range as analyst eyes potential ‘interesting week’ in BTC
Bitcoin (BTC) hovered near $43,000 on Jan. 17 as “boring” price action combined with signs that the market could be stabilizing. BTC/USD 1-hour candle chart...
Tag : mining news
Crypto job posts on LinkedIn rocketed 395% in 2021
It wasn’t just a bull run for prices last year. Careers in crypto outstripped price action in 2021, as crypto job searches soared by 395%...
UK 3rd for ETH ownership as crypto adoption grows 1% in December: Survey
British crypto enthusiasts were busy consolidating and rebalancing during the last gasp of 2021. Finder.com surveyed 2,013 internet users in the United Kingdom in December...
Crypto.com pauses withdrawals due to ‘suspicious activity’
Major crypto wallet and platform Crypto.com has temporarily halted withdrawals after “a small number of users reporting suspicious activity on their accounts,” but all funds...
Tonga accepts Bitcoin donations amid tsunami onslaught
On Friday, the Kingdom of Tonga experienced the shockwave of a massive volcanic eruption of the Hunga Tonga-Hunga-Ha’apai volcano. More eruptions ensued after the first, leaving...
Bitcoin payments decline as other cryptocurrencies grow
BitPay Inc., one of the world’s most well-known crypto payments processors, has seen a shift in the type of digital assets used for purchases over...
3 reasons why Harmony (ONE) rallied back to its all-time high this week
Bitcoin price is still a ways from its $69,000 all-time high but this isn’t stopping altcoins from moving toward new highs. Data from Cointelegraph Markets...
AI-generative art predicted to be next trend for NFT sector
Sales of nonfungible tokens, or NFTs, reached $25 billion in 2021, demonstrating that the sector is one of the most sought-after markets in crypto. Art NFTs,...
22-year-old Indonesian boy makes $1M by selling NFT selfies on OpenSea
An Indonesian college student has reportedly become a millionaire by selling nonfungible token (NFT) versions of his selfies on the OpenSea NFT marketplace. Sultan Gustaf...
Binance CEO’s net worth hits $96B, Jack Dorsey launches BTC defense fund, Bill Miller apes into Bitcoin: Hodler’s Digest, Jan. 9-15
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and...
2021: A year of mass adoption for cryptocurrencies in Brazil
Throughout 2021, the Brazilian cryptocurrency market managed to distance itself from the police pages and finally win acceptance with the general public, whether in the...
Bitcoin miners can take fresh 20% BTC price hit before capitulating, data shows
The Bitcoin (BTC) mining business is bigger than ever at current price levels, and new data shows just how unlikely a mass miner sell-off really is....
Uruguay reportedly installs its first Bitcoin ATM
Uruguay has reportedly installed its first Bitcoin (BTC) ATM, making it the 11th South American country to publicly encourage crypto adoption. Prior to Uruguay’s involvement,...
Stacks ecosystem becomes #1 Web3 project on Bitcoin
On the first anniversary of the launch of Stacks blockchain (STX), which seeks to make Bitcoin (BTC) programmable, the network achieved over 350 million monthly...
3 reasons why Near Protocol (NEAR) just hit a new all-time high
The layer one (L1) battle is starting to heat up again and multiple protocols have seen their token values rise in recent weeks as traders...
Price analysis 1/14: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE
Bitcoin (BTC) and most major altcoins are facing selling at higher levels and buying on dips, indicating the possibility of a range formation. On-chain analysis...
NFT sales and blockchain games continue to grow despite the recent market slump: Report
January 2022 continues to be rough for crypto investors as current markets see turbulent fluctuations in the price of Bitcoin (BTC) and other cryptocurrencies. Some have attributed...
Volcanos, Bitcoin and remittances: A Tongan lord plans for financial security
A former member of the Tongan Parliament is behind a proposal to make Bitcoin (BTC) legal tender in the tiny Pacific nation of Tonga, following...
Indian INX exchange reportedly plans to list Bitcoin futures ETF
Despite the ongoing uncertainty about cryptocurrency regulation in India, local financial firms are backing new ventures aiming to launch Bitcoin (BTC) exchange-traded funds (ETF). Torus...
Bitcoin dips below $42K as new forecast says breakout ‘most probable outcome’ for BTC price
Bitcoin (BTC) returned closer to $40,000 on Thursday as $44,000 resistance proved too much for bulls to overcome. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView...
Brazilian mayor to reportedly invest 1% of city reserves in Bitcoin
Eduardo Paes, mayor of Brazilian city Rio de Janeiro, wants to allocate 1% of the city’s treasury into Bitcoin (BTC), Cointelegraph Brazil reported. Paes reportedly...
University accepts Bitcoin donations to fund crypto-related activities
Back in October 2021, The Campanile Foundation (TCF), an auxiliary of the San Diego State University (SDSU), accepted its first crypto donation. Now, the university...
Battle of the bots: WTF token launch drains 58 ETH
Fees.wtf is a simple service that shows Ether (ETH) users their lifetime spending amount on Ethereum blockchain transactions by measuring gas. You plug in your...
70% of US crypto holders started investing in 2021: Report
The vast majority of cryptocurrency owners in the United States made its first-ever crypto investments just within last year, according to a new survey. About...
Bitcoin hash rate jumps to ATH as Jack Dorsey confirms Block’s mining system
Bitcoin’s hash rate has returned to all-time highs despite losing a key hash rate contributor. Meanwhile, amid lackluster price action, Block CEO Jack Dorsey confirmed the creation...
North Korean hackers stole $400M in 2021, mostly ETH: Chainalysis
North Korean crypto hackers siphoned off nearly $400 million in crypto through cyberattacks in 2021, according to new data from Chainalysis. The type of crypto...
Vitalik deluged after asking for the ‘most unhinged’ criticisms about him
Ethereum co-founder Vitalik Buterin asked for, and received in spades, examples of “the craziest and most unhinged criticisms” of him on Twitter and elsewhere. Buterin’s...
Analysts expect turbulent Bitcoin price until $46,500 flips to support
Market volatility reared its ugly head once again for crypto traders on Jan. 13 as the excitement of Bitcoin (BTC) hitting its highest level in...
Ethereum options data shows pro traders expect strong resistance at $3,600
Ether (ETH) price has bounced 13% from its Jan. 9 low at $2,950, but it seems premature to call the move a cycle bottom. Instead,...
Industry players respond to Vitalik Buterin’s thoughts on cross-chain ecosystems
Last week, Vitalik Buterin, Ethereum (ETH)’s co-founder, voiced his disapproval regarding the emergence of cross-chain bridges, citing security vulnerabilities due to their interdependency. In the...
Tonga to copy El Salvador’s bill making Bitcoin legal tender, says former MP
Another domino is lined up to fall down the route to Bitcoinization. On Wednesday, a former lawmaker of the Pacific island nation of Tonga shared...
Top or bottom? Traders at odds over whether Bitcoin will keep rising
Bitcoin (BTC) touched $44,000 a second time on Jan. 12 amid increasing divergence of opinion about whether the price bottom is “in.” BTC/USD 1-hour candle...
Pakistan’s central bank reportedly wants to ban crypto
The State Bank of Pakistan (SBP) is reportedly seeking to ban all cryptocurrency transactions in Pakistan. Pakistan’s Sindh High Court reportedly held a hearing related...
Institutional investment will boost Bitcoin to $75,000, says SEBA CEO
The CEO of Switzerland-based financial institution SEBA Bank shared his predictions for Bitcoin (BTC) in 2022. A boon for BTC bulls, Guido Buehler was optimistic about institutional adoption...
‘1 in a billion’: Second tiny miner solves a block
In an astonishing turn of events, two lucky miners from the Solo CK mining pool have defied all odds and added a new block on...
Price analysis 1/12: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE
Bitcoin (BTC) and most major altcoins appear to have started a relief rally. Glassnode data suggests that Bitcoin addresses with a non-zero balance have risen...
Russian protest group Pussy Riot seeks to tackle gender inequality in the NFT space
Russian punk rock collective Pussy Riot is planning to launch a DAO for LBTQ+ and women artists. As the group’s co-founder Nadya Tolokonnikova told Cointelegraph,...
Anyswap, Keep3rV1, WEMIX follow Bitcoin’s move to $44K with double-digit rallies
The cryptocurrency community is back in high spirits on Jan. 12 after a majority of tokens in the top 200 flashed green following Bitcoin’s (BTC)...
QuickSwap founder: L2s are the path to mass adoption
As Ethereum gas prices rise, the chain that inspired Web3 is becoming gentrified, with high transaction costs pushing less wealthy users onto competing blockchains or...
Bitcoin shoots to $44,000 as US inflation hits 7.8% in December
The latest figures from the United States Bureau of labor statistics show that the (Consumer Price Index) CPI hit 7% in December. Bitcoin (BTC) was...
Owner of Russian bank Tinkoff acquires Swiss digital asset firm
TCS Group, the owner of the major private Russian bank Tinkoff, is gaining exposure to digital assets. The firm has invested in Swiss digital asset...
Hong Kong Monetary Authority aims to oversee stablecoin reserves
Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), wants to supervise stablecoin issuance and reserves management. HKMA published a discussion paper on Jan. 12...
Wiki contributors want to drop crypto donations over environmental concerns
Back in 2019, the Wikimedia Foundation started accepting crypto donations through BitPay, but three years later, the nonprofit organization behind Wikipedia is facing pressure from...
Retail is pushing the Bitcoin price up, says Ledger CEO
As crypto prices recover after a slump last week, Pascal Gauthier, CEO of crypto wallet firm Ledger, addressed questions relating to the state of the crypto market....
Ethereum futures and options data reflects traders’ mixed emotions on $3.2K ETH price
Ether (ETH) has been an emotional rollercoaster over the past three months primarily because its price rallied twice. First, it peaked at $4,870 on Nov....
Coinbase, PayPal join TaxBit Network for free crypto tax forms
Crypto tax compliance firm TaxBit is working to unite major industry companies like Coinbase and Binance.US within one network to enable free 2021 tax forms...
Binance taps former central bank exec to push compliance in CIS and Russia
Binance, the world’s largest cryptocurrency exchange, is putting more effort into increasing compliance in the Commonwealth of Independent States (CIS), Russia and Ukraine. Binance is...
Wall Street still not convinced on Bitcoin $100K this year: JPMorgan survey
One of the world’s largest investment banks has its Bitcoin (BTC) price predictions ready for 2022. In a recent poll, JPMorgan Chase asked its clients,...
Morocco is number one for Bitcoin trading in North Africa
Estimates from Triple A, a Singaporean cryptocurrency provider and aggregator, state that 0.9 million people, or roughly 2.4% of Morocco’s total population, currently own cryptocurrency. ...
Block job postings reveal Jack Dorsey’s Bitcoin plans
In two recent job postings on LinkedIn, Jack Dorsey’s Block (formerly Square) revealed the group’s plans to develop “the next generation of mining ASIC” and...
Animoca Brands’ Lympo NFT platform hacked for $18.7 million
Sports nonfungible token (NFT) minting platform and Animoca Brands subsidiary Lympo suffered a hot wallet security breach and lost 165.2 million LMT tokens worth $18.7...
New NFT marketplace LooksRare allows traders to earn rewards
LooksRare, a recently launched nonfungible token, or NFT, marketplace, says it wants to index all NFT collections on the Ethereum blockchain. The site went live...
Price analysis 1/10: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE
Bitcoin (BTC) dipped below the $40,000 level on Jan. 10 for the first time since September 2021. The crypto markets were not alone as the...
Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse
Deputy for the Spanish Ciudadanos political party María Muñoz has proposed a bill to make Spain a Bitcoin mining hotspot following the internet shutdown that...
Bitcoin batters longs as liquidations copy May 2021 run to $30,000
Bitcoin (BTC) has dealt significant pain to bulls in recent weeks, and now, fresh data shows just how much. In a tweet on Jan. 10,...
Binance CEO CZ is the richest crypto billionaire at $96B: Bloomberg
Changpeng Zhao, CEO of Binance and also known as “CZ,” tops the list of richest crypto billionaires with an estimated net worth of $96 billion....
‘Most bullish macro backdrop in 75 years’ — 5 things to watch in Bitcoin this week
Bitcoin (BTC) starts a new week in a strange place — one that is eerily similar to where it was this time last year. After...
Arbitrum network suffers minor outage due to hardware failure
The Ethereum layer-two network Arbitrum has suffered its second outage in less than five months following a hardware failure. Arbitrum is back online at the...
Bitcoin performs classic bounce at $40.7K as BTC price comes full circle from January 2021
Bitcoin (BTC) bounced off what is for some a key level on Jan. 9, closely mimicking events from September 2021. BTC/USD 1-hour candle chart (Bitstamp)....
Pakistan to investigate Binance for multi-million dollar crypto scam
Pakistan‘s Federal Investigation Agency (FIA) reportedly issued a formal notice to crypto exchange Binance in an effort to identify links around a multi-million crypto scam...
LCX loses $6.8M in a hot wallet compromise over Ethereum blockchain
Liechtenstein-based crypto exchange LCX has confirmed the compromise of one of its hot wallets after temporarily suspending all deposits and withdrawals on the platform. The...
GME rallies on GameStop NFT plans, Vitalik proposes new gas fee structure, Samsung integrates NFTs with smart TVs: Hodler’s Digest, Jan. 2-8
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and...
Will this time be different? Bitcoin eyes drop to $35K as BTC price paints ‘death cross’
Bitcoin (BTC) formed a trading pattern on Jan. 8 that is widely watched by traditional chartists for its ability to anticipate further losses. In detail,...
What should the crypto industry expect from regulators in 2022? Experts answer, Part 1
Hatu is the co-founder and chief strategy officer of DAO Maker, which creates growth technologies and funding frameworks for startups while simultaneously reducing risks for...
Vitalik Buterin gives thumbs down to cross-chain applications
In a Reddit post on Friday, Vitalik Buterin, the co-founder of Ethereum (ETH), outlined critical security concerns surrounding cross-chain bridges in the blockchain ecosystem. As...
Cosmos ecosystem tokens rally after Evmos promises Ethereum interoperability
The wider cryptocurrency market is facing another day of volatility and selling on Jan. 7 as Bitcoin (BTC) bears managed to break bull support at...
Price analysis 1/7: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE
Bitcoin (BTC) and the U.S. equity markets fell sharply on Jan. 5, reacting negatively to the minutes from the Federal Reserve’s December FOMC meeting, which...
Hong Kong-based Coinsuper allegedly blocks customers’ withdrawals
A cryptocurrency exchange in Hong Kong has reportedly stopped all withdrawal requests, according to reports. Coinsuper is the sole crypto firm in China that is...
Bitcoin and Ether heading $100K and $5K in 2022: Bloomberg Intelligence
Despite cryptocurrency markets dropping to multi-month lows, major cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are likely to hit new all-time highs in 2022, according...
Bitcoin leverage ratio reaches new highs
The estimated leverage ratio for Bitcoin (BTC) hit a new all-time high last night according to CryptoQuant. Further metrics point to growing leveraged interest, but...
Bitcoin clings to $42K as key moving average break from July reappears
Bitcoin (BTC) consolidated above $42,000 prior to Wall Street’s opening bell on Jan. 7 as more similarities to last year’s lows emerged. BTC/USD 1-hour candle...
Chinese crypto miner BIT Mining ‘unlikely’ to flee Kazakhstan: Report
Despite major internet blackouts amid anti-government protests in Kazakhstan, some Bitcoin (BTC) miners operating in the country are not planning to leave the country just yet....
‘Dip,’ ‘Buy’ and ‘Fed’ top trending topics on social media, per survey
Over the past seven days, the top trending words on cryptocurrency social media are “dip,” “buy” and “Fed.” Plus, the word “sell” fell out of...
Bitcoin-based tracking platform Eggschain partners with Boston IVF
Bitcoin-based genetic data tracking system Eggschain has announced a partnership with the Boston IVF chain of 30 fertility clinics in the United States. The new...
Bitcoin may pass $30K September lows, trader warns
Bitcoin (BTC) scooped liquidity at new lows on Jan. 7 as 2022 continued to deliver uninspiring price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView...
Vitalik proposes new ‘multidimensional’ Ethereum fee structure
Ethereum co-founder Vitalik Buterin has put his thinking cap on again in an attempt to improve the current fee structure for the network. The proposal...
Here’s why Bitcoin traders say a drop to $38K is the worst case scenario
The fallout from the Federal Reserve’s recent hawkish comments about raising interest rates as soon as March continued to weigh heavily on the cryptocurrency market on...
Human Rights Foundation to grant 425M satoshis as part of its Bitcoin Development Fund
The Human Rights Foundation announced on Tuesday that it intends to distribute 425 million satoshis — the smallest divisible unit of a Bitcoin — to...
Bitcoin could outperform stocks in 2022 amid Fed tightening — Bloomberg analyst
The Federal Reserve’s signaling for tighter monetary policy in 2022 could provide short-term headwinds for risk assets such as stocks and cryptocurrency, but there’s a...
Crypto City: Guide to Dubai
This “Crypto City” guide looks at Dubai’s crypto culture, its most notable projects and people, its financial infrastructure, which retailers accept crypto, and where you...
Bitcoin price bounces off $42K as order book imbalance turns ‘crazy’
Bitcoin (BTC) briefly touched $43,000 prior to Wall Street opening on Jan. 6 as new market analysis offered bad news for bears. BTC/USD 1-hour candle...
Five coins that saw huge gains in 2021
The year 2021 was unprecedented for crypto, with Bitcoin (BTC) and Ether (ETH) gaining 60.58% and 408.5% throughout the year, respectively. For the latter, the...
Billionaire Ray Dalio recommends ‘reasonable’ 1%–2% Bitcoin allocation
Hedge fund manager Ray Dalio remains bullish on Bitcoin (BTC) in 2022, listing three primary reasons why Bitcoin is “impressive.” In a recent interview with The...
Hong Kong real estate giant leads $90M raise for crypto bank Sygnum
Sun Hung Kai, one of the largest property developers in Hong Kong, continues betting on the cryptocurrency industry by investing in Swiss crypto outfit Sygnum....
Bitcoin fills $42K December price wick as analyst says ‘party just getting started’
Bitcoin (BTC) delivered fresh volatility on Jan. 6 as rangebound behavior saw its first shake-up in weeks. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Open...
Ethereum dominates among developers, but competitors are growing faster
The Ethereum ecosystem still has far more developers than rival networks, but they are catching up with a faster rate of growth. Ethereum competitors, such...
3 reasons why Cosmos (ATOM) price is near a new all-time high
Blockchain network interoperability is shaping up to be one of the main themes for the cryptocurrency ecosystem in 2022. New users are continuing to onboard...
Price analysis 1/5: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE
Bitcoin (BTC) and most major altcoins are stuck in a tight range with bulls buying near the support and bears selling at resistance levels. Usually,...
El Salvador: How it started vs. how it’s going with the Bitcoin Law in 2021
Before June 2021, news regarding Nayib Bukele was likely not even a blip on many crypto users’ radar screens. The Salvadoran president instead made headlines...
Top Bitcoin mining country Kazakhstan turns off internet amid protests
Kazakhstan, which boasts the second-largest (BTC) mining hash rate in the world, is experiencing major internet disruptions amid local anti-government protests. Network data provider NetBlocks...
Bitcoin ETF decision delayed, SEC commissioner wonders why
The United States Securities and Exchange Commission has postponed its decision to approve NYDIG’s spot exchange-traded fund (ETF) for Bitcoin (BTC), delaying until March 16....
Bitcoin $100K possible by chipping away at gold’s market share: Goldman Sachs
Bitcoin (BTC) failed to close 2021 above the long-expected $100,000 level, but experts believe the psychological horizon is still achievable by taking gold’s market share,...
Bitcoin reaches for $47K as analysts agree BTC price consolidation cannot last
Bitcoin (BTC) recovered from new lows of $45,550 on Jan. 5 as analysts waited patiently for a “squeeze” to trigger fresh volatility. BTC/USD 1-hour candle...
Airbnb users want crypto payment options, according to CEO Twitter poll
Airbnb CEO Brian Chesky tweeted a poll on Monday asking his roughly 400,000 followers what they wanted from the rental platform in 2022. Chesky has today...
OpenSea raises $300M for encrypted digital marketplace
The nonfungible token (NFT) market is gaining momentum as the next frontier in collectibles, gaming and the metaverse. To accelerate this vision, OpenSea announced on Tuesday...
Top 5 cryptocurrencies to watch in 2022: BTC, ETH, BNB, AVAX, MATIC
Bitcoin (BTC) witnessed a roller coaster ride in 2021 and even though BTC has corrected sharply from its all-time high at $69,000, the digital asset...