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Cryptocurrency News

Location American Cryptocurrency News for 26 January 2022
Can DeFi and CeFi coexist? Three takeaways from experts panel Education, transparency and access were the key themes discussed by experts from across the crypto industry during a debate on whether CeFi and DeFi can coexist.
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NYC Mayor Eric Adams Defends Receiving Paycheck in Bitcoin as Price Crashes The mayor of New York City, Eric Adams, converted his first paycheck into bitcoin and ether before the price of the cryptocurrencies plummeted. However, the mayor said, “When you are a long-term investor, you don’t k...
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Valkyrie Files for ETF That Invests in Firms That Derive 50% Revenue From Bitcoin Mining Industry The digital currency asset manager Valkyrie has applied for an exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The fund plans invest at least 80% of its net assets into firms that deriv...
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Analysts See Slower Bitcoin Hashrate Growth in 2022 Amid Market Correction The Bitcoin (BTC) network's hashrate - or computing power that goes into mining new coins - could reach 327 EH/s by the end of the year, a research note from the crypto-focused financial services firm BitOoda has predict...
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SEC pushes decision on ARK 21Shares Bitcoin ETF to April 3 The regulatory body said it was "appropriate to designate a longer period" to approve or disapprove of the proposed Bitcoin ETF.
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Study Shows Dogecoin, XRP Saw Largest Network Fee Increases Last Year There’s been a lot of action in the world of cryptocurrencies over the last 12 months and a myriad of metrics have changed. A recent report from forexsuggest.com shows that dogecoin fees saw the largest increase since ...
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Altcoins book 40% gain after Bitcoin and the crypto market enter a relief rally FRONT, DG and QSP join the list of altcoins which surged more than 40% after BTC recovered the $38,000 level.
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Technical Analysis: Cosmos Decline Continues, as Polygon Surges Ahead of Wednesday’s FOMC meeting, cryptocurrency markets were once again trading higher, with polygon (MATIC) being one of today’s biggest gainers. Despite the top 20 mainly trending upward, some in this list were m...
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FTX US Raises $400 Million in Series A, Trading Platform's Valuation Now $8 Billion On January 26, the crypto asset exchange FTX US revealed it raised $400 million in a Series A financing round stemming from investors like Softbank, Paradigm, and Multicoin Capital. The Series A investment in FTX US brin...
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Bitcoin, Ethereum, Stocks Jump as Fed Confirms Tapering Schedule With inflation well above 2% and a strong labor market, the US Federal Reserve (Fed) said it expects it will soon be appropriate to raise the target range for the federal funds rate. The Fed also decided to continue to r...
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Five Star Bank Goes Bitcoin, Picasso NFTs, Binance Unfreezes SEPA Deposits + More News Get your daily, bite-sized digest of cryptoasset and blockchain-related news - investigating the stories flying under the radar of today's crypto news. __________...
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Mark Zuckerberg's Meta in Talks to Sell Assets in Crypto Project Diem: Report Meta, formerly Facebook, is reportedly in talks with investment bankers to sell its assets in the cryptocurrency project Diem, formerly Libra. The diem USD stablecoin was supposed to be issued by Silvergate Bank but it f...
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Putin Talks up Russia's Crypto Credentials as Ukraine Tension Mount Recent talk of a ban on crypto in Russia may be premature - particularly after the nation's President Vladimir Putin appeared to talk up the country's crypto capabilities. And with the United States threatening to sancti...
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Valkyrie aims for ETF linked to Bitcoin mining firms on Nasdaq The proposed ETF would invest at least 80% of its net assets in securities of companies that "derive at least 50% of their revenue or profits" from BTC mining.
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Bitcoin, Ethereum Technical Analysis: ETH Nears 10% Gain, BTC Inches Toward $40,000 Days after falling to a 6-month low, bitcoin rose for a second consecutive session, as prices slowly approached its key level of $40,000. Today’s gain in BTC comes as the global crypto market cap was 4.7% higher from y...
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This is What's Backing Ark's Big Bitcoin, Ethereum and Web 3 Forecasts Ark Investment Management, the fund led by the well-known technology investor Cathie Wood, has revealed just how bullish they are on bitcoin (BTC), ethereum (ETH), and Web3 more broadly -- while laying out their case for...
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Thailand Announces Cryptocurrency Will Be Regulated as Means of Payment Thailand has announced that cryptocurrency will be regulated as a means of payment for goods and services “to avert potential impacts on the country’s financial stability and economic system.” The announcement was ...
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EverRise Expands DeFi Security Infrastructure to Fantom and Avalanche PRESS RELEASE. EverRise, the blockchain bridging and security solution provider that brought the buyback to crypto, expanded to the Fantom and Avalanche blockchains over the weekend. With the addition of these two blockc...
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Microsoft Looks To Hybrid Work, Gaming To Boost Its Metaverse Coverage Microsoft is aiming to benefit from the rapid spread of hybrid work, looking to extend its presence within the social connection-focused virtual world to companies whose employees are working remotely. The company also s...
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Kazakhstan Shuts Down Crypto Mining Farms Till February Data centers minting cryptocurrencies in Kazakhstan were cut off from the nation’s power grid this week and will remain unplugged for the rest of January. The measure comes as the country faces electricity shortages bl...
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Samsung Provides a Glimpse Into the South Korean Metaverse and NFT Craze At the very beginning of 2022, South Korean tech giant Samsung announced its foray into the metaverse and a new “NFT Aggregation Platform” designed for its smart TVs. In addition to the NFT TVs, Samsung also launched...
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Turkish president orders ruling party to organize metaverse forum Turkish officials have recently identified the metaverse as a priority area for policy development.
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