Category: Cryptocurrency

Jan 11
Morocco is number one for Bitcoin trading in North Africa

The Kingdom of Morocco is the leader for Bitcoin trading across North Africa in 2021— despite its illegal status. 1290 Total views 28 Total shares 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.  That puts the kingdom as […]

Jan 11
Central bank of Bahrain trials JPMorgan’s blockchain and token

Bahrain’s central bank initially announced its JPM Coin trial in May 2021. 4030 Total views 119 Total shares Bahrain is the latest nation to explore blockchain technology by American investment bank JPMorgan, with the country’s central bank trialing JPMorgan’s proprietary digital currency. The Central Bank of Bahrain (CBB) has successfully completed a digital payments test […]

Jan 11
Single inactive volcano has 90% chance of powering El Salvador's Bitcoin City, according to president

According to Nayib Bukele, should the power consumption of the country’s planned Bitcoin City exceed the volcano’s capacity, geothermal energy can be sourced from other sites. 2746 Total views 90 Total shares El Salvador’s President Nayib Bukele has claimed officials will be able to use geothermal energy from one of the country’s inactive volcanoes to […]

Jan 10
New NFT marketplace LooksRare allows traders to earn rewards

As NFT trading activity remains high in volume, a new wave of NFT trading platforms have begun to crop up in 2022. 1498 Total views 23 Total shares 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 on Monday […]

Jan 10
Bitcoin batters longs as liquidations copy May 2021 run to $30,000

Longs have been paying the price since early December, data shows, in a sign that accompanied a market reversal several times last year. 13096 Total views 78 Total shares 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, on-chain […]

Jan 10
CBDC wallet tops mobile app store charts in China

The pilot version of China’s official digital yuan wallet app has become the most downloaded app in local mobile app stores. 1717 Total views 44 Total shares The official digital yuan wallet app that was released as a pilot version to be used in select cities has still managed to top app store charts in […]

Jan 10
Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse

As the Bitcoin mining industry matures, it will seek stable political environments and stable energy sources. 5326 Total views 35 Total shares 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 caused a mining outage in Kazakhstan. The lawyer […]

Jan 10
Dogecoin creator slams Mozilla for pausing crypto donations

The creator of Dogecoin criticized Mozilla for supposedly making its decision based on feedback from the “ignorant, reactionary internet mob.” 1747 Total views 54 Total shares The Mozilla Foundation’s back-tracking on crypto has earned a reaction from the creator of the world’s first meme cryptocurrency. On Dec. 31, 2021, Mozilla, the developers of the Firefox […]

Jan 09
Even after the pullback, this crypto trading algo’s $100 bag is now worth $20,673

Exactly one year ago, on Jan. 9, 2021, Cointelegraph launched its subscription-based data intelligence service, Markets Pro. On that day, Bitcoin (BTC) was trading at around $40,200, and today’s price of $41,800 marks a year-to-year increase of 4%. An automated testing strategy based on Markets Pro’s key indicator, the VORTECS™ Score, yielded a 20,573% return […]

Jan 09
Crypto regulation concerns make decentralized stablecoins attractive to DeFi investors

Stablecoins have emerged as a foundational part of the cryptocurrency ecosystem over the past couple of years due to their ability to provide crypto traders with an offramp during times of volatility and their widespread integration with decentralized finance (DeFi). These are necessary for the health of the ecosystem as a whole.  Currently, Tether (USDT) […]