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Cryptocurrency News

Location American Cryptocurrency News for 5 February 2022
Metaverse Real Estate Sales Expected to Reach $1 Billion This Year Real estate sales in the metaverse are expected to reach a billion dollars this year, according to a metaverse analytics firm. The company expects real estate sales on four major metaverse platforms, which surpassed $501...
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Bitcoin stays higher after stocks propel BTC price toward $42K "Fear" is in the air on crypto markets as the weekend begins with an eerie lack of volatility -- or significant Bitcoin price corrections.
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A DAO Created to Free Julian Assange Has Raised $7.5 Million in Ethereum A group of cypherpunks recently initiated a decentralized autonomous organization (DAO) in order to try and free the incarcerated Wikileaks founder and activist Julian Assange. So far, the DAO has raised $7.5 million in ...
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3 things the crypto sector must offer to truly mainstream with TradFi "Reforming the face of finance" is crypto's primary sales pitch, but the sector needs to offer a few basic components before being welcomed into the arms of the traditional finance sector.
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Venezuelan Government Approves New Tax for Cryptocurrency and Foreign Currency Transactions The Venezuelan Government has approved a new tax that would affect transactions made in foreign currency and cryptocurrency transactions. Approved by the National Assembly of the country, the tax, called the “large fin...
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A Mining Rig That Boasts 440 TH/s? Miners Question the Legitimacy of New Bitcoin Mining Device The cryptocurrency community has been discussing a newly announced bitcoin miner called the Numiner NM440 that claims to produce speeds of up to 440 terahash per second (TH/s). Furthermore, a publicly-listed company call...
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Easy-to-use DeFi protocols will become the new gatekeepers to crypto Future and current decentralized projects need to consider utility and ease of accessibility in order for DeFi to survive the unpredictable volatility of the market.
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Value Locked in Defi Climbs 13% Higher Since Last Week's Low, SOL Price Jumps 25%, AVAX TVL Spikes The total value locked (TVL) in decentralized finance (defi) has jumped back above the $200 billion range, hovering around $216.49 billion on Saturday morning (EST). The TVL in defi has increased 13.60% since tapping a l...
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Technical Analysis: Gala Jumps 37% Higher, as Crypto Bulls Return During the weekend, when bitcoin rose to a two-week high, it was Gala that stole the show after climbing 37%. Bulls returned to action on Saturday, as the global crypto market capitalization was around 8% higher. Biggest...
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Government Official Discusses Indian Crypto Policy, Global Regulations, G20 Meeting India’s economic affairs secretary, Ajay Seth, has provided an update on what the Indian government is doing in terms of finalizing cryptocurrency legislation. He expects crypto regulation to be discussed at the upcomi...
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Bitcoin, Ethereum Technical Analysis: Ethereum Moves Past $3,000 to Start the Weekend Following a week of consolidation, bitcoin and ethereum prices both rallied past key resistance levels to start the weekend. Bitcoin moved beyond $40,000, with ethereum climbing over the $3,000 mark. Bitcoin Cryptocurren...
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Gofundme Shuts Down Truckers' Freedom Convoy Fundraiser, Move Highlights the Importance of Crypto Crowdfunding This week the world has been watching the thousands of truckers in Canada protesting the vaccine mandates at the Freedom Convoy in Ottawa. The Freedom Convoy has received worldwide support and millions of dollars were ra...
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African Web3 Startup Raises $6.45 Million in Pre-Seed Round, Serena Williams' Investment Firm Participates An African startup, Nestcoin, said it raised $6.45 million in a pre-seed funding round in which tennis’ star, Serena Williams’ Serena Ventures took part. The startup, which was launched in November 2021, plans to use...
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Layer 2 in 2022: Get Ready for Rollups, Bridges, New Apps, Life With Ethereum 2.0, and Layer 3 _____ _____...
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Russian Association of Power Suppliers Proposes Measures to Prevent Home Mining The industry organization of Russian energy suppliers has come up with ideas on how to combat cryptocurrency mining in homes, basements and garages. The association believes the phenomenon is the main issue with mining i...
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Konami to Keep Selling NFTs to 'Preserve Content'

Bitcoin.com - 5 Feb 2022 09:30
Konami to Keep Selling NFTs to 'Preserve Content' Konami, one of the leading Japan-based game developers, elaborated on its future policy regarding NFTs. In its latest financial results meeting, Konami touched briefly on the subject of NFTs, and explained it would go on...
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Jack Dorsey on UBI: Bitcoin encourages transparency, long-term thinking Dorsey's Start Small initiative has invested over $55 million across the United States and overseas to experiment on universal basic income.
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Belarus Moves to Allow Investment Funds to Acquire Crypto Assets The crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal changes tailored to attract such institution...
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US Lawmaker: Crypto Assets Are Here to Say, Diversified Portfolios Should Have Crypto Exposure U.S. Senator Pat Toomey says that crypto assets are here to stay and “a thoroughly diversified portfolio should have some.” The lawmaker added that he has a “very simple” investing strategy — diversify. US Lawm...
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Ted Cruz buys the Bitcoin dip

Coin Telegraph - 5 Feb 2022 02:59
Ted Cruz buys the Bitcoin dip Texas Senator who talks a big game actually has something to show for it.
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SEC again delays decision on Grayscale's Bitcoin ETF

Coin Telegraph - 5 Feb 2022 01:33
SEC again delays decision on Grayscale's Bitcoin ETF The Securities and Exchange Commission is once again inviting the public to comment on whether a spot Bitcoin ETF presents a material risk to investors.
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Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source Code The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) have jointly published the initial findings of their central bank digital currency (CBDC) research. They also published the open-sour...
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