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Cryptocurrency News

Location American Cryptocurrency News for 1 February 2022
US Federal Trade Commission Warns About Cryptocurrency Scams Using Social Media The U.S. Federal Trade Commission (FTC) has warned about social media being used in cryptocurrency investment scams. “Social media is a tool for scammers in investment scams, particularly those involving bogus cryptocu...
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2 key Bitcoin price metrics suggest BTC is primed to reclaim $40,000 Data suggests $34,000 was the bottom and BTC's recent performance could be a sign that traders are beginning to open fresh longs.
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How a game engine for DeFi could facilitate accelerated development It's not just scalability: could a new smart contract development paradigm be the key to unlocking mainstream DeFi?
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Bitcoin price closes in on $40K, but pro traders are still skeptical Traders expect BTC to flip $40,000 back to support soon, but derivatives metrics signal that a different outcome could occur.
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Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not discl...
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Year of the Tiger May Be the Year of the Digital Yuan as China Celebrates with More CBDC Adoption For millions of Chinese people living in the "10+1" pilot cities trialing the digital yuan, the Year of the Tiger is off to a lucrative start, with companies on an adoption drive that is seeing them slash prices for digi...
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NYDIG offering allows participating companies to pay employees in Bitcoin Patrick Sells, the NYDIG's chief innovation officer, said the Bitcoin payment plan was aimed at letting companies offer a benefits package to prospective employees.
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$3.6 Billion in Bitcoin From the 2016 Bitfinex Hack Consolidates Into a Single Address $3.6 billion or 94,643.29 bitcoin stemming from the 2016 Bitfinex hack was moved and consolidated into a single wallet following 23 transfers. At the time of writing, the $3.6 billion in bitcoin remains idle and the trad...
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Metaverse - Hype Versus Reality

Crypto News - 1 Feb 2022 21:00
Metaverse - Hype Versus Reality Max Shannon, Digital Asset Analyst at major European digital asset investment firm CoinShares.____...
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Crypto Asset Manager Wisdomtree Reveals 'Direct-to-Retail' Digital Wallet The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blockchain-enabled fund...
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MyCryptoMetaMask Ethereum Move, Solana Pay, Bitcoin Savings Plan + 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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Which play-to-earn games are better than Axie Infinity? | Find out now on The Market Report In this episode of The Market Report, Cointelegraph resident experts discuss which P2E games could replace Axie Infinity as market leaders.
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New Balance 'Virtual Goods' Trademarks Hint of Upcoming Metaverse and NFT Venture Following Adidas and Nike getting into the metaverse, the sneaker manufacturer New Balance seems to be prepping to launch virtual items tied to its products. The firm filed three trademark applications with the United St...
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Digital Artist Pak to Release the 'Censored' NFT Collection with WikiLeaks Founder Famed digital artist Pak, also known as Murat Pak, aims to collaborate with WikiLeaks founder Julian Assange to release a new non-fungible token (NFT) collection dubbed 'Censored'. 'Censored' is "about you," Pak said on ...
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India Proposes 30% Tax on Crypto Income -- Finance Minister Cites 'Phenomenal Increase' in Crypto Transactions The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman, said: “There’s been a phenomenal increase in transaction in virt...
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MicroStrategy buys the dip by purchasing 660 Bitcoin for $25M MicroStrategy bought significantly less BTC in January than in previous months, according to official data.
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Bitcoin, Ethereum Technical Analysis: Ethereum Surges 10% to Start February Cryptocurrencies traded higher to start the month of February, as markets look to forget January’s red wave. ETH is trading close to 10% higher as of writing, with bitcoin gaining almost 4% today. Bitcoin Bitcoin, whic...
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Bitcoin Is 'Fundamentally Different' From Other Cryptos, Unlikely To Be Replaced - Fidelity Bitcoin (BTC) is fundamentally different from any other digital asset and no other digital asset is likely to improve upon bitcoin as a monetary good, according to digital asset-focused financial services provider Fideli...
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Panther Protocol's $ZKP Token Launches, Sets to Revolutionize Private Finance In the growing DeFi panorama, both institutional traders and retail investors are starting to notice the inherent privacy issues with the most popular Layer-1 blockchains. The extreme transparency of L1s such as Ethereum...
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Bitcoin whales buy at $38K as BTC supply per whale hits 10-year high Big investors are betting big on Bitcoin price strength, but the same cannot be said for the average exchange user.
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MicroStrategy Begins 2022 by Spending USD 25M on Bitcoin US-based software company MicroStrategy said it increased its bitcoin (BTC) stash to BTC 125,051 as it bought an additional BTC 660 for USD 25m. Per CEO Michael Saylor, they paid an average price of USD 37,865 per BTC. I...
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Litecoin Releases its Much-Anticipated Fungibility and Scalability Update Litecoin (LTC) has released its long-awaited fungibility and scalability upgrade Mimblewimble Extension Block (MWEB) after almost two years of development, testing, and auditing. This is considered one of Litecoin's most...
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