Category: Cryptocurrency

Jan 17
Bitcoin stays in tight range as analyst eyes potential 'interesting week' in BTC

It may be all quiet on Monday in the absence of Wall Street, but Bitcoin markets might not stay that way for long. 4406 Total views 46 Total shares 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 (Bitstamp). […]

Jan 17
70% of Jamaica population to adopt CBDC in 5 years, prime minister says

The Caribbean country expects a nationwide CBDC rollout by the end of the first quarter of 2022. 1157 Total views 34 Total shares Central bank digital currency (CBDC) evolved into a hot topic in Jamaica when the country’s central bank successfully completed the first pilot test in early January. Following the tests, the country’s prime […]

Jan 17
BTC 'likely' to repeat Q4 2020 move — 5 things to watch in Bitcoin this week

Bitcoin (BTC) starts a new week facing multiple hurdles but with strong internal support — can old resistance below $50,000 finally fall? A correction event now almost in its third month is frustrating many, but conditions may soon be right for a fresh charge against opportunistic bears, an increasing number of analysts are saying. With […]

Jan 16
Uruguay reportedly installs its first Bitcoin ATM

Uruguay’s first crypto ATM has been installed in the coastal city of Punta del Este, a major tourist attraction in the region. 6046 Total views 75 Total shares 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, South America […]

Jan 16
Bitcoin miners can take fresh 20% BTC price hit before capitulating, data shows

Production costs for miners are around $34,000, and together with transaction fees, miners need not worry about another $40,000 support challenge on BTC/USD. 16596 Total views 55 Total shares 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. As […]

Jan 16
2021: A year of mass adoption for cryptocurrencies in Brazil

2021 was a year of affirmation for the Brazilian crypto market with good news in the national stock market, the promise of a CBDC and Brazilian soccer joining t… Source: Cointelegraph

Jan 16
Finance Redefined: Vitalik bearish on cross-chain, dYdX decentralizing, Jan. 7–14

Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. Despite the market printing bearish numbers for a second consecutive week, the industry is not short of bullish fundamental news. Read on to hear about the most impactful DeFi stories of the last seven days. What you’re about to read is a shorter, more succinct […]

Jan 16
22-year-old Indonesian boy makes $1M by selling NFT selfies on OpenSea

Ghozali spent five years clicking selfies in front of his computer, which was later converted into NFTs and uploaded to OpenSea in December 2021. Source: Cointelegraph

Jan 15
CoinMarketCap allegedly lists 3 fake SHIB contract addresses, Twitter firestorm ensues

“Do not purchase SHIB from these addresses as your funds will be irreversibly lost,” said the team at Shiba Inu. 4753 Total views 77 Total shares A bit Twitter drama ensued on Thursday, continuing well into Friday afternoon, when developers behind popular meme token Shiba Inu (SHIB) issued a statement alleging that CoinMarketCap had listed […]

Jan 15
Going meta: Disney, Second Life and K-pop

Second Life creator Philip Rosedale returns to the fold, Disney’s patent for a “virtual-world simulator in a real-world venue” suggests an entry to the Metaverse, and Animal Concerts partners with South Korea-based Kakao’s Klaytn project. 1428 Total views 27 Total shares Following the announcement that Facebook’s parent company would be rebranding in a shift towards […]