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Cryptocurrency News

Location American Cryptocurrency News for 13 February 2022
Hungary's Central Bank Governor Calls for EU-Wide Ban on Cryptocurrency Trading and Mining The governor of Hungary’s central bank has called for a ban on cryptocurrency trading and mining in the European Union. “It is clear-cut that cryptocurrencies could service illegal activities and tend to build up fin...
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Bitcoin City: The Bizarre History of Libertarian Attempts to Create Independent Cities Harry Hobbs, Senior Lecturer, the University of Technology Sydney. _____ Late last year, El Salvador's president Nayib Bukele announced plans to build "Bitcoin City" - a tax-free territory in the country's east. The city...
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Wells Fargo: Cryptocurrency Has Entered 'Hyper-Adoption Phase' Financial services firm Wells Fargo says that cryptocurrencies are viable investments that have entered the “hyper-adoption” phase. “Cryptocurrencies have been following an adoption pattern similar to other new adv...
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Ethereum Fees Drop to the Lowest Rate in 4 Months, 71% Lower Than Transfer Fees in January The average transaction fee on the Ethereum network has dropped to the lowest level in four months, according to statistics on February 13, 2022. Mid-September 2021 was the last time gas fees on Ethereum were this low, a...
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Injective Protocol (INJ) rallies 100%+ after launching cross-chain support for Cosmos INJ books a 100%+ gain shortly after the release of the Injective Bridge v2 and the launch of DEX-based perpetual futures for ATOM.
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NH Governor Signs Executive Order to Bring 'Regulatory Certainty' to Cryptocurrency Industry The governor of the U.S. state of New Hampshire has signed an executive order establishing a commission on cryptocurrencies and digital assets. “Federal and state governments must work to bring legal and regulatory cer...
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Top 5 cryptocurrencies to watch this week: BTC, XRP, CRO, FTT, THETA BTC's price action is looking grim, but traders hope that a bounce off the $42,000 support will complete a bullish technical analysis pattern and trigger a rally in Bitcoin and altcoins.
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Bandana Wearing Cryptopunk NFT Smashes Records Selling for $23 Million in Ethereum The Cryptopunks non-fungible token (NFT) collection has seen a new record as the NFT Cryptopunk #5822 sold on Saturday for 8,000 ether or more than $23 million. The new owner of the NFT, Deepak Thapliyal, the CEO of a bl...
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4 factors to consider when choosing an industrial-scale Bitcoin mining location BTC mining is an exciting and fast-scaling industry to be a part of. Just make sure that you set your roots down in the right place.
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Indian Parliament Member Clarifies Legal Status of Cryptocurrency Cryptocurrency is currently a gray area in India. It is neither legal nor illegal. A parliament member, India’s finance secretary, and the minister of finance have recently clarified the legal status of cryptocurrency ...
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Russian Regulators Find Common Ground -- Bitcoin Can't Be Used for Payments Russian authorities are yet to reach full consensus on the future of cryptocurrencies but government institutions are on the same side of the fence in their intention to ban bitcoin payments. Other operations with digita...
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Bitcoin inches towards higher weekly close with CME futures gap in focus The end of the weekly candle could soon give way to a more pressing $42,400 target should the market move significantly overnight, one trader says.
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Blockchain Games in 2022: Play-to-Earn, Gamification, Interoperability and Major Publishers _____ _____ Video games have long been regarded as a Trojan horse for new technologies. Whether it be home computers, smartphones, or virtual reality, the pleasure of gaming is usually one of the most effective ways of i...
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Ethereum's average and median transaction fee slip, lowest in six months Ethereum's average transaction fees dropped by almost 73.3% just within a month -- down to $14.17 from $53.03.
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Spain Modifies Tax Model 720, Used to Declare Cryptocurrency Holdings Abroad The Spanish parliament has introduced an amendment to the tax model 720 used to declare cryptocurrency and other holdings abroad, softening some of the penalties associated with it. The modification, which has not yet be...
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South Korea Jails Seven Masterminds of Country's 'Largest Crypto Fraud Scheme' Seven executives of the collapsed South Korean scam cryptocurrency exchange, V Global, were recently handed lengthy jail sentences as punishment for their role in running one of the country’s biggest crypto frauds. Ver...
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Bitcoin network hash rate explodes to a new all-time high of 248.11 EH/s The network hash rate jumped 31.69% -- from 188.40 EH/s to 248.11 EH/s -- in just one day, further ensuring resilience against attacks on the Bitcoin network.
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Cydia Dev Discloses Ethereum L2 Bug -- Optimism Attacker Could Have 'Printed an Arbitrary Quantity of Tokens' On February 10, the well-known developer of Cydia and iOS Jailbreak, Jay Freeman, otherwise known as Saurik, published a Twitter thread about a bug he found in the Layer-2 (L2) scaling protocol known as Optimism. Accordi...
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El Salvador's Bitcoin Law: Understanding alternatives to government intervention Last year El Salvador dominated headlines as the first country to adopt Bitcoin as legal tender. Now, it's time to promote mainstream adoption from the ground up.
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What's shaping the future of the institutional crypto market? Trading volume, tools, altcoins, regulated DeFi and security solutions will continue to shape the institutional crypto market.
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NEAR Protocol Provides Development Grant To InsurAce․io PRESS RELEASE. InsurAce.io has announced that its proposal for a NEAR protocol development grant has now been granted, and that its deployment on NEAR shall take place very soon. InsurAce.io is constantly on the search f...
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