Category: Cryptocurrency

Jan 26
Eth2 is no more after Ethereum Foundation ditches name in rebrand

“By removing Eth2 terminology, we save all future users from navigating this confusing mental model,” the Ethereum Foundation stated. 1830 Total views 10 Total shares 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 chain the “consensus […]

Jan 26
IMF urges El Salvador to remove Bitcoin's status as legal tender

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. 2082 Total views 10 Total shares Members of the executive board at the International Monetary Fund are urging lawmakers in El Salvador to no longer recognize Bitcoin as legal tender. […]

Jan 25
‘Stop panic selling’ — Bitcoin whales bag spare BTC as exchange balances fall

Old whales may have offloaded last year, but demand for BTC shows no sign of disappearing, the latest data reveals. 10578 Total views 101 Total shares Bitcoin (BTC) is being aggressively bought up at prices near $30,000 as bidders begin to soak up liquidity from short-term sellers. Data from on-chain monitoring resource CryptoQuant shows that […]

Jan 25
Orange-pilled by Michael Saylor, NorthmanTrader CEO now a Bitcoin supporter

Sven Henrich, CEO of NorthmanTrader, is the latest to become a Bitcoin supporter after speaking with Michael Saylor. 3952 Total views 35 Total shares There is still room for humility and humor amid a gloomy January for Bitcoin (BTC). A former outspoken Bitcoin critic has flipped bullish on Bitcoin after conversations with Michael Saylor, CEO […]

Jan 25
Bitcoin holds onto 10% gains ahead of crucial Fed rate hike comments

Bulls lift the market higher on the back of a stocks resurgence, but the specter of the Fed is on the horizon. 4314 Total views 37 Total shares Bitcoin (BTC) held onto fresh upside on Tuesday after a resurgent stock market took the largest cryptocurrency above $37,500. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView. Fed […]

Jan 25
Indonesian regulator takes cue from Islamic NGOs, bars crypto sales for institutions

The warning from the Financial Services Authority (OJK) comes on the heels of several calls for a crypto ban from Islamic NGOs in the country. 474 Total views 9 Total shares Indonesia’s financial watchdog the Otoritas Jasa Keuangan (OJK) warned financial institutions in the country against offering or facilitating crypto-asset sales. On Tuesday, the official […]

Jan 25
McDonald’s jumps on Bitcoin memewagon, Crypto Twitter responds

As Bitcoin’s price started trading below the $40,000 mark, crypto millionaires and investors on Twitter started sharing memes about getting jobs at fast-food restaurants. 3317 Total views 47 Total shares Prominent crypto entrepreneurs and supporters, who shared memes on Twitter about doing odd jobs amid an ongoing market crash, were joined by global fast-food giant […]

Jan 25
Law Decoded: When central banks seek public discussion, Jan. 17–24

As the Federal reserve releases its position paper on CBDCs, the Russian Central Bank instigates yet another crypto ban scare. 950 Total views 30 Total shares Last week, two central banks dropped public reports that can have a sizable impact on the crypto landscape in their respective countries and beyond. The U.S. Federal Reserve published […]

Jan 25
Price analysis 1/24: BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOGE, DOT, AVAX

Bitcoin (BTC) and most major altcoins are struggling to find a bottom, indicating that traders are dumping their positions out of fear. The big question on everyone’s mind is whether the selling is over or could the decline continue? UTXO Management senior analyst Dylan LeClair highlighted that the network cost basis, the average price at […]

Jan 25
Here are 5 altcoins to study as crypto prices drop to near 1-year lows

The pain trade has been an unwelcome sight across the cryptocurrency market since the start of 2022 and over the past 24 days Bitcoin (BTC) and the altcoin prices have drifted, leading some analysts to suggest that a bear market is at hand. Despite traders’ concern that another extended crypto winter could be starting, it […]