Category: Cryptocurrency

Jan 25
Boom or bust? Is there a way for Bitcoin price to hit $100K in 2022?

The internet is filled with Bitcoin (BTC) price forecasts. For example, some analysts believe that the flagship crypto will hit $1 million per coin in the next 10 years, while others think BTC price will eventually drop to zero. Without dwelling on predictions that are five or more years ahead of us, let us focus […]

Jan 25
There’s a browser plugin that autoblocks Twitter NFT profile pictures

A popular Github contributor called mcclure built a browser plugin that autoblocks Twitter accounts using NFT profile pictures. 944 Total views 40 Total shares That was quick. Within 24 hours of the launch of the Twitter nonfungible token, or NFT, profile pictures for iOS update, a github contributor called mcclure has coded up and shared […]

Jan 24
$75M Blockchain Founders Fund II backs portfolio of P2E and Web3 projects

Even as crypto markets succumb to bearish pressure, venture capital funds are deploying millions of dollars into blockchain startups. 899 Total views 7 Total shares Singapore-based Blockchain Founders Fund has launched a new venture capital fund to support emerging projects in the cryptocurrency, metaverse and Web3 sectors, offering further evidence that investors are still keen […]

Jan 24
Russian tech and political executives denounce crypto ban proposal

Telegram CEO Pavel Durov wrote that the proposed ban on crypto would “destroy a number of sectors of the high-tech economy” in a recent post on his massaging platform. 14189 Total views 30 Total shares Russia’s recent ban on crypto has drawn criticism from a number of big names, including Alexei Navalny’s chief of staff, […]

Jan 24
Illiquid supply ‘going up relentlessly’ — 5 things to watch in Bitcoin this week

Bitcoin (BTC) is starting the final week of January in a place no one wanted but many warned about — a 50% drawdown from all-time highs. A flight to $34,000 means that BTC/USD is now down by half in just two months, and perhaps naturally, concerns are that the losses could continue. With $30,000 so […]

Jan 24
Bank of Korea completes first phase of digital currency pilot

The second phase of the CBDC mock testing is expected to be completed by June this year 2895 Total views 42 Total shares The Bank of Korea has successfully completed the first phase of its central bank digital currency (CBDC) mock testing, which started in August 2021.  The South Korean central bank said that the […]

Jan 24
No regrets for NYC mayor receiving his first Bitcoin paycheck during dip

New York City Mayor Adams was nonchalant about receiving his first Bitcoin paycheck during a 50% drawdown from all-time highs. 3460 Total views 46 Total shares Bitcoin (BTC) is a New York state of mind thing for Eric Adams, the crypto advocate serving as the 110th mayor of New York City. He received his first […]

Jan 24
Bitcoin ‘enters value zone’ as BTC price floor metric goes green again

Bitcoin (BTC) has just reentered a key price zone, which has signaled the beginning of the end for bear phases, data confirms. In a tweet on Jan. 24, Charles Edwards, founder of crypto investment firm Capriole, flagged Bitcoin’s network value to transaction (NVT) ratio metric as it delivered a new and rare “oversold” signal. NVT […]

Jan 24
Top 5 cryptocurrencies to watch this week: BTC, LUNA, ATOM, ACH*, FTM

Bitcoin (BTC) fell close to $34,000 on Jan. 21, which reflects a 50% decline from the $69,000 all-time high made on Nov. 10, 2021. Altcoins also could not buck the trend and faced intense selling pressure, which pulled the total crypto market capitalization to $1.6 trillion, a 46% decline from its November 2021 all-time high […]

Jan 23
El Salvador buys its cheapest 410 Bitcoin as prices reach $36K

President Nayib Bukele confirmed that the purchase of 410 BTC was made against $15 million, placing the trading price at approximately $36,585 per BTC. 21433 Total views 140 Total shares The Central American country of El Salvador has added 410 Bitcoin (BTC) to its central reserve as BTC prices trade below $37,000, a price last […]