Tag: cointelegraph

Jan 05
Bitcoin price drops to $43.7K after Fed minutes re-confirm plans to hike rates

Bitcoin price slipped below $44,000 shortly after notes from the Federal Reserve’s December FOMC session re-confirmed plans to get the balance sheet under control. 20000 Total views 69 Total shares Bitcoin (BTC) and the wider cryptocurrency market fell under as equities markets pulled back at the closing bell after minutes from the Federal Reserve’s December […]

Jan 05
Blockchain and the metaverse make inroads at Consumer Electronics Show

Samsung will feature its developments in metaverse technology, with several other companies showcasing blockchain, NFT and crypto integrations with the metaverse. 6403 Total views 126 Total shares Blockchain, metaverse and nonfungible token (NFT) technology are set to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week. The CES is […]

Jan 05
OpenSea raises $300M for encrypted digital marketplace

OpenSea’s market value has now surpassed $13.3 billion following the new cash injection. 2801 Total views 53 Total shares 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 that it has secured $300 million in a Series C funding […]

Jan 05
Kevin O’Leary-backed WonderFi to buy Bitbuy parent company for $162M

WonderFi, backed by Canadian billionaire Kevin O’Leary, is looking to increase its footprint in Canada with the acquisition of crypto exchange Bitbuy. 2031 Total views 68 Total shares Kevin O’Leary-backed decentralized finance (DeFi) platform WonderFi Technologies is increasing its footprint in Canada by buying the first regulated crypto exchange in the country.  WonderFi agreed to […]

Jan 05
Airbnb users want crypto payment options, according to CEO Twitter poll

AirBnB’s CEO suggested that the platform’s possible crypto payment option would not be restricted to one or two digital currencies. 2621 Total views 36 Total shares 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 revealed that the majority […]

Jan 05
Bitcoin reaches for $47K as analysts agree BTC price consolidation cannot last

There will be a breakout up or down within weeks, consensus believes, with targets between $40,000 and $60,000. 2269 Total views 35 Total shares 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 chart (Bitstamp). Source: TradingView Analyst weighs […]

Jan 05
‘We are 50% of the way there,’ says Vitalik on Ethereum’s development

Vitalik Buterin has walked listeners through a five-part roadmap on the latest Bankless podcast where he outlined the necessary steps for Ethereum to survive and thrive. In order to achieve ultimate scalability and decentralization, Butalik claimed that Ethereum needs to be more agile and more lightweight in terms of blockchain data so that more people […]

Jan 05
Solana hit with another network incident causing degraded performance

Solana reportedly went offline for four hours on Jan. 4, however Solana.Status shows there have been no issues on the network. 7798 Total views 62 Total shares The Solana blockchain has suffered a third incident in just a few months that clogged the network and caused transactions to fail, with users debating whether it was […]

Jan 05
El Salvador prepares 20 bills to provide legal framework for Bitcoin bonds

The raft of bills will help El Salvador’s government establish the legal and financial framework for the $1 billion Bitcoin bond issue, known as Volcano Bonds 1337 Total views 41 Total shares El Salvador’s government, led by President Nayib Bukele, has moved ahead with plans to issue Bitcoin bonds by preparing 20 bills designed to […]

Jan 05
Wait and see approach: 3/4 of Bitcoin supply now illiquid

Around 76% of the total circulating Bitcoin supply is now illiquid according to on-chain analytics from Glassnode. 1409 Total views 27 Total shares Bitcoin markets have been consolidating since the beginning of the year, but on-chain metrics are painting a more positive picture as more of the asset is becoming illiquid. On-chain analytics provider Glassnode […]