Tag: cointelegraph

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 […]

Jan 04
Kosovar government halts crypto mining amid power crisis

Following a recommendation from the Technical Committee on Emergency Measures for Energy Supply, Kosovo’s Minister of Economy has decided to ban crypto mining. 2514 Total views 76 Total shares The government of Kosovo has ceased crypto mining in the country owing to power constraints during the winter season. Kosovo’s Minister of Economy, Artane Rizvanolli, has […]

Jan 04
Bitcoin mining manufacturer Canaan expands footprint in Kazakhstan

China’s crackdown on crypto mining has allowed Kazakhstan to quickly fill the void by offering cheap fuel and a welcoming business environment. 1673 Total views 17 Total shares Bitcoin (BTC) mining hardware manufacturer Canaan Inc is expanding its footprint in Kazakhstan after signing new strategic partnerships with multiple crypto mining firms in the country.  The […]

Jan 03
Top 5 cryptocurrencies to watch this week: BTC, LUNA, FTM, ATOM, ONE

Bitcoin (BTC) continues to languish below the psychological level at $50,000 in the first few days of the New Year, indicating a lack of aggressive buying by traders. Former BTCC CEO Bobby Lee said the exodus of the Chinese traders who had until Dec. 31 to exit Chinese exchanges may have kept prices lower into […]

Jan 03
Bitcoin dips below $47K as US dollar surge dampens BTC price performance

It’s not looking great for Bitcoin on short timeframes, and Ethereum is becoming an increasingly popular bet instead. 4378 Total views 56 Total shares Bitcoin (BTC) crisscrossed $47,000 on Jan. 3 as the first Wall Street trading days of 2022 got off to a modest start. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Ethereum steals […]

Jan 03
Unlocking utility is key for fashion brands launching NFTs in 2022

Nonfungible tokens, or NFTs, have become one of the most discussed markets in the crypto space this year. A recent report from Cointelegraph Research found that NFT sales are aiming for a $17.7 billion record by the end of 2021.  This may very well be the case, as a number of mainstream brands have begun […]

Jan 03
More billionaires turning to crypto on fiat inflation fears

The number of billionaires who have invested in crypto increased last year, and that trend could continue into 2022 as fears over fiat intensify. 15078 Total views 158 Total shares Previously anti-crypto investors are increasingly turning to Bitcoin (BTC) and its brethren as a hedge against fiat currency inflation concerns. One example is Hungarian-born billionaire […]