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02/05/2022

What is Solana, and how does it work?

Japan plans to tighten crypto exchange regulation to enforce sanctions
02/05/2022

Japan plans to tighten crypto exchange regulation to enforce sanctions

Japan plans to amend its Foreign Exchange and Foreign Trade Act to bring crypto exchanges under the purview of laws that govern banks, a government official revealed on Monday. The proposed amendment is being carried out to prevent sanctioned countries from taking evasive actions using digital asset...

Forget apes and penguins — Let’s talk diapers, hardware and museums
02/05/2022

Forget apes and penguins — Let’s talk diapers, hardware and museums

Though the likes of Bored Apes and Pudgy Penguins take the headlines, and the potential for decentralized finance (DeFi) and play-to-earn gaming is undeniably grand and exciting, the marketing potential for nonfungible tokens (NFTs) deserves equal attention. It boils down to this: With NFTs, virtual...

Upbit owner Dunamu could see ‘monopoly’ curbed after investment controversy
02/05/2022

Upbit owner Dunamu could see ‘monopoly’ curbed after investment controversy

The operator of South Korean crypto exchange Upbit, Dunamu, is facing pushback from regulators due to a controversial investment while authorities move to issue restrictions to stifle its monopolistic position. Dunamu’s total assets are valued at over over 10 trillion KRW ($8.06 billion) and Upbit...

MENA Climate Week notes blockchain’s potential for climate action
01/05/2022

MENA Climate Week notes blockchain’s potential for climate action

Panelists at the recent MENA Climate Week 2022 examined how blockchain technology can contribute to green initiatives. Hosted by Dubai’s Ministry of Climate Change and Environment, Dubai Electricity and Water Authority, and the World Green Economy Organization along with various institutions under...

Top 3 coins to help you unlock the long-term value in DeFi
01/05/2022

Top 3 coins to help you unlock the long-term value in DeFi

DeFi is hot, and we have seen a series of projects emerge to try and take full advantage of this emerging space in crypto. There are so many DeFi projects too, and each of them offers its own investment merits and demerits. But here is why investing in DeFi is a good idea for any […]

Bitcoin dodges ‘sub-$30K liquidity grab’ — Levels to watch now
01/05/2022

Bitcoin dodges ‘sub-$30K liquidity grab’ — Levels to watch now

Bitcoin (BTC) could still crash to $29,000 and lower, but price action is “healthier” than a week ago, the latest research concludes. In a fresh market update on Friday, analysts at trading suite Decentrader said that BTC price action is finally showing “green shoots of optimism.” Eyes on .....

Fishing for female empowerment with crypto in West Africa
01/05/2022

Fishing for female empowerment with crypto in West Africa

Mama Bitcoin is the pseudonym claimed by a young Senegalese Bitcoiner called Bineta. Her business, Bleu comme la mer, was the first retailer in Senegal (and possibly West Africa) to accept crypto as payment. She’s also the first generation of her family to read and write proficiently. The name Mam...

Biden to sign executive order on crypto, authorize all-government effort to consolidate regulation
30/04/2022

Biden to sign executive order on crypto, authorize all-government effort to consolidate regulation

Later today, U.S. president Joe Biden will sign a long-anticipated executive order on digital assets. Despite fears that the order may resound a regulatory clampdown on the industry, the language of the document is fairly favorable, the key focus being coordination and consolidation of various agenc...

Decentralizing the grid: Operators test blockchain solutions
29/04/2022

Decentralizing the grid: Operators test blockchain solutions

The world’s energy market is rapidly evolving, moving from hydrocarbon plants to a future centered around clean energy enabled by wind and solar power. As such, today’s energy market is shifting to an increasingly decentralized, real-time model based on distributed energy resources (DERs) includ...

Decred jumps 17% against gloomy market backdrop
29/04/2022

Decred jumps 17% against gloomy market backdrop

The crypto market as a whole was mostly lower, with the majority of top 10 cryptos registering losses over the past 24 hours. Top cryptos Bitcoin lost around 3% of its value and was priced at $39,000 at the time of writing. Other cryptos were also lower, including Ethereum and XRP, down 5% and 6%, [...

29/04/2022

Solana’s STEPN hits record high as GMT price skyrockets 34,000% in over a month

Snoop Dogg may be the face of Web3 and NFTs, but what does that mean for the industry?
29/04/2022

Snoop Dogg may be the face of Web3 and NFTs, but what does that mean for the industry?

Described by many users and outsiders as the Wild West, Web3 is open-source and decentralized, and it has been prompting many to look for ways to profit from its features, especially with the growing Metaverse. While some companies and investors are sorting out where to place their best bets, popula...

Lost Bitcoin may be a ‘donation,’ but is it hindering adoption?
28/04/2022

Lost Bitcoin may be a ‘donation,’ but is it hindering adoption?

Cryptocurrency custody solutions have become a big business over the last few years. Independent storage and security systems meant to hold large quantities of crypto on behalf of clients can bring in institutional capital and retail investors waiting on the sidelines simply because they remove a ma...

Bitcoin could reach $4.8 million if it becomes a global reserve asset- VanEck
28/04/2022

Bitcoin could reach $4.8 million if it becomes a global reserve asset- VanEck

The firm says sanctions on Russia could see central banks look to ‘change their reserve mix.” Bitcoin’s value could rise to at least $1.3 million in the event the cryptocurrency ended up as de facto global reserve asset, experts at US investment firm VanEck have said. VanEck’s Eric Fine (Hea...

Norway has almost 1% of global BTC hash rate
27/04/2022

Norway has almost 1% of global BTC hash rate

Bitcoin (BTC) mining in Norway is 100% renewable and “flourishing,” according to a report by Arcane Research. “A green oasis of renewable energy,” Norway contributes almost 1% to the global hash rate and is almost entirely powered by hydropower. Using data from the Cambridge Bitcoin Electric...

Price analysis 2/18: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT
27/04/2022

Price analysis 2/18: BTC, ETH, BNB, XRP, ADA, SOL, AVAX, LUNA, DOGE, DOT

BTC is struggling to hold on to the $40,000 level, but a few analysts say cryptocurrencies might decouple from equities in the coming months. Source link

Solana v Waves – Which one to buy the dip?
26/04/2022

Solana v Waves – Which one to buy the dip?

Solana has much better news now and makes for a better buy. Solana seems to have recovered from the negativity that followed its 2021 network outages. Waves has been hit by rumors of it being a Ponzi scheme when the market is yet to emerge from the bear trend fully. Solana has better prospects than....

Warren Buffett invests $1B in Bitcoin-friendly neobank, dumps Visa and Mastercard stocks
26/04/2022

Warren Buffett invests $1B in Bitcoin-friendly neobank, dumps Visa and Mastercard stocks

Warren Buffett’s Berkshire Hathaway dumped a portion of its Visa and Mastercard holdings and increased exposure in Nubank, the largest fintech bank in Brazil that’s also popular among the country’s Bitcoin investors. In a securities filing late Feb. 14, the industrial conglomerate disclosed th...

Pandemic leads crypto entrepreneur to new business headquarters
26/04/2022

Pandemic leads crypto entrepreneur to new business headquarters

Life gave crypto businessman Ilman Shazhaev lemons when he got stuck in Dubai in the wake of the COVID-19 lockdowns. However, like the old adage, he “made lemonades” by recognizing the opportunities in the country. In a Cointelegraph interview, Shazhaev shared that he got stranded in the Middle-...

El Salvador postpones Bitcoin bonds to September: Report
25/04/2022

El Salvador postpones Bitcoin bonds to September: Report

The government of El Salvador has reportedly decided to postpone the issue of a Bitcoin (BTC)-backed bond due to the unfavorable market conditions fueled by the geopolitical crisis. El Salvador’s “Volcano Bond” will not go live in March as the Salvadoran government expected previously, finance...

How blockchain contributes to the fight against COVID-19
25/04/2022

How blockchain contributes to the fight against COVID-19

On Jan. 30, the South China Morning Post reported that one of the largest Asian pharmaceutical companies, Zuellig, had launched a blockchain-based system to track the quality of COVID-19 vaccines. Called “eZTracker,” it allows any user to “instantly verify the provenance and authenticity” of...

Bitcoin surges in response to economic sanctions on Russia
25/04/2022

Bitcoin surges in response to economic sanctions on Russia

Last Thursday, following the news Ukraine invaded Russia, I wrote this piece assessing the hedge capabilities of Bitcoin amid the crisis. With gold holding up its end of the bargain well as it breached a 17 month high, Bitcoin let the team down and fell 7%. Gold bugs mocked the crypto enthusiasts, a...

The best altcoins to short-sell after February rally in the crypto market
24/04/2022

The best altcoins to short-sell after February rally in the crypto market

After seeing some selling pressure at the start of the year, the crypto market has rebounded sharply this month. While this is a good sign the market is headed in the right direction, it also presents a good opportunity for short sellers to get in. Here is what you need to know: As most coins […]

Internet Computer (ICP) medium-term outlook
24/04/2022

Internet Computer (ICP) medium-term outlook

The general mood in the crypto market had started to change at the start of February. But increased geopolitical factors appear to be weighing down on sentiment right now. Despite this, the medium-term outlook for Internet Computer (ICP) is still bullish, and you will see why below. First, some high...

Kyrgyz MP wants national crypto
24/04/2022

Kyrgyz MP wants national crypto

Kyrgyz member of parliament (MP) Karim Khanjeza called for the legalization of cryptocurrency in the country during a parliamentary committee meeting on law and order and combating corruption. During his speech, MP Khanjeza advocated for developing a legal framework for the crypto market and suggest...

FTX integrate Bonfida’s flagship service to enable domain withdrawal function
23/04/2022

FTX integrate Bonfida’s flagship service to enable domain withdrawal function

Bonfida, a multifunctional infrastructure built around Solana blockchain, has announced that their Solana Name Service, or SNS, will be integrated into cryptocurrency exchange FTX in a bid to expand the former’s digital footprint and adoption rate. Alongside the SNS, Bonfida is recognized within t...

BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE
22/04/2022

BTC, ETH, BNB, SOL, XRP, ADA, LUNA, AVAX, DOT, DOGE

Bitcoin (BTC) and major altcoins are attempting a recovery after the sharp fall on April 11. According to Glassnode’s recent weekly report, Bitcoin has witnessed a “modest volume of profit-taking by investors” since mid-February which could “be providing sufficient headwinds to prices.” Wh...

Polkadot and Cardano ETPs list on German stock exchange
22/04/2022

Polkadot and Cardano ETPs list on German stock exchange

The ETPs debut on the Frankfurt Stock Exchange on 14 February and add to products for Bitcoin, Ethereum, Uniswap, and Solana Cardano and Polkadot exchange-traded products (ETPs) made a debut on the Frankfurt Stock Exchange on Monday after the platform DeFi Technologies was approved to list the deriv...

Solana price eyes $150 as SOL’s 25% jump this week puts ‘double-bottom’ in play
22/04/2022

Solana price eyes $150 as SOL’s 25% jump this week puts ‘double-bottom’ in play

The price of Solana (SOL) may rise by over 45% in the coming weeks as the cryptocurrency intends to complete a double-bottom chart pattern against the U.S. dollar. A $150 SOL ahead? Double-bottoms typically appear at the end of a downtrend when the price falls to a low, rebounds, and returns to the....

Aussie advisory committee lists key factors for easing crypto adoption
22/04/2022

Aussie advisory committee lists key factors for easing crypto adoption

Cyber Security Industry Advisory Committee, the Australian cybersecurity advisor, highlights various crypto-related opportunities for the government to undertake as it prepares for the global mainstreaming of cryptocurrencies. The study released by Australia’s Department of Home Affairs, titled .....

Bitcoin traders say $40K is the ‘line in the sand’ after BTC and stocks sell-off
21/04/2022

Bitcoin traders say $40K is the ‘line in the sand’ after BTC and stocks sell-off

The quick-moving volatility that the cryptocurrency market is known for reared its ugly head on Feb. 17 as ongoing tensions between Russia and Ukraine and the rest of the world walloped financial markets around and briefly plunged Bitcoin price below the $41,000 level. Data from Cointelegraph Market...

DeFiance Capital founder loses $1.6M in hot wallet hack
21/04/2022

DeFiance Capital founder loses $1.6M in hot wallet hack

Founder of major crypto investment firm DeFiance Capital, “Arthur_0x”, has suffered a hack on one of his hot wallets resulting in the loss of more than $1.6 million in nonfungible tokens (NFTs) and crypto. In a tremendous show of support, the crypto community has come to his aid to help retrieve...

$40K Bitcoin price is in reach, but analysts warn that a sweep of recent lows is likely
21/04/2022

$40K Bitcoin price is in reach, but analysts warn that a sweep of recent lows is likely

There’s was no rest for weary crypto traders on March 10 as a blistering 7.9% CPI print emerged as the headline of the day, putting pressure on global financial markets and erasing the previous day’s gains in Bitcoin (BTC) as the price fell back below $40,000. Data from Cointelegraph Markets Pro...

Danger to crypto or journalistic integrity?
20/04/2022

Danger to crypto or journalistic integrity?

From the very beginning, individuals making use of pseudonymous identities to protect their privacy has been an integral part of the crypto sector, however, with the market having matured a lot since the early days, the question of these practices still being morally sound has once again come to the...

Rekt Capital highlights key levels for BTC/USD amid a bullish outlook
20/04/2022

Rekt Capital highlights key levels for BTC/USD amid a bullish outlook

Crypto trader and analyst Rekt Capital says the 200-day EMA is a key level for bulls, currently around $47,000. Data from CoinGecko shows Bitcoin reached a high of $45,300 on Tuesday before retreating sharply to the $43,400 area. Bitcoin (BTC) has retreated from its intraday highs of $45,300 reached...

FSInsight report says a single spark could see BTC 5X
20/04/2022

FSInsight report says a single spark could see BTC 5X

Financial research firm FSInsight predicts in a new report that Bitcoin could reach $222,000, and Ether could reach $12,000, by the end of 2022. At current prices of BTC ($43,350) and ETH ($3,080), that would mean a nearly five-time and four-time increase in price for each coin respectively. The Dig...

Bitcoin outshines gold as it decouples from stocks: GlobalBlock analyst
19/04/2022

Bitcoin outshines gold as it decouples from stocks: GlobalBlock analyst

Bitcoin is up 6% in the past 24 hours and over 18% this past week as it continues to rally higher amid a sell-off in the stock market. Marcus Sotiriou, an analyst at UK-based digital asset broker GlobalBlock, says Bitcoin’s big move has seen the benchmark crypto “decouple” from the stock marke...

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