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2022-01-19 02:00:00 ​​Bitcoin hodlers ‘under siege’ at $42K as 30% of BTC supply flips from profit to loss, & Other News

The best of crypto news, prepared fresh and hot every day:

El Salvador’s Bitcoin wallet onboards 4M users with Netki partnership
Chivo, El Salvador's official Bitcoin wallet, has managed to onboard 70% of the unbanked population in El Salvador, partner says.

Bitcoin hodlers ‘under siege’ at $42K as 30% of BTC supply flips from profit to loss
A historically significant 30% of the Bitcoin supply is now held at a loss — and that has ended in a bullish rebound twice since March 2020.

Mercedes partners with NFT artists to celebrate G-Class series
Mercedes-Benz has picked five artists from the NFT industry to interpret the G-Class in their own style.

SPONSORED. Decentralized freelancing platform goes live, aims to rebuild the workforce industry
Freelancers have long been suffering from demanding clients and unfair treatment. This company is building a platform to provide fair treatment.

SPONSORED. Project allows members to meet their idols in metaverse by holding unique NFTs
The first European PFP NFT Project that scans all NFT holders with a 3D scanner to give access to the metaverse. Open / Comment

2022-01-18 02:00:05 ​​Bitcoin stays in tight range as analyst eyes potential 'interesting week' in BTC, & Other News

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Crypto DAO spends €2.66M on Jodorowsky's Dune thinking they would own its copyright, receives mass ridicule on Twitter
It's the latest addition to a series of crypto-crowdfunding campaigns to receive increased spectator scrutiny.

Bitcoin stays in tight range as analyst eyes potential 'interesting week' in BTC
It may be all quiet on Jan. 17 in the absence of Wall Street, but Bitcoin markets might not stay that way for long.

Down, but not out: Here’s why Theta could be a breakout star in 2022
THETA price is more than 73% down from its all-time high, but there are still a handful of reasons why traders might consider keeping an eye on the project.

SPONSORED. Adjusted risk-tranching product provides different levels of risks tolerance combining several assets in portfolio
Current DeFi liquidity providers are exposed to various outcomes driven by complex code along with extreme market volatility and focused economic attacks.

SPONSORED. How to enhance liquidity: in a conversation with a cross-chain network
The reward competition between staking and defi might be resolved by building a relationship between staking and an application layer. Open / Comment

2022-01-17 02:00:06 ​​AI-generative art predicted to be next trend for NFT sector, & Other News

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3 reasons why Harmony (ONE) rallied back to its all-time high this week
Strong fundamentals, an influx of new users and a recently launched $300 million developer incentive are just a few reasons why ONE price is chasing a new all-time high.

AI-generative art predicted to be next trend for NFT sector
NFT art created by AI algorithms brings new meaning to nonfungible tokens, but can artificial intelligence be trusted to produce a new genre of art?

OCC Comptroller calls for federal collaboration with crypto intermediaries
Michael J. Hsu said that the mainstreaming of crypto has occurred despite regulatory and legal uncertainty, and a series of scams, hacks, and other disruptive events.

SPONSORED. Users gain full control of their digital assets with a secure gateway for all storage and transaction needs
All digital asset holders need a place to store, transact and manage their assets without compromising security.

SPONSORED. Blockchain of Things platform plans to boost further adoption with startups competition
Internet of Things’ interconnection issue can be solved with blockchain, and this company does just that. Open / Comment

2022-01-16 02:00:00 ​​Uruguay reportedly installs its first Bitcoin ATM, & Other News

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Bitcoin miners can take fresh 20% BTC price hit before capitulating, data shows
Production costs for miners are around $34,000, and together with transaction fees, miners need not worry about another $40,000 support challenge on BTC/USD.

Uruguay reportedly installs its first Bitcoin ATM
Uruguay’s first crypto ATM has been installed in the coastal city of Punta del Este, a major tourist attraction in the region.

Hong Kong begins discussions to introduce stablecoin regulatory framework
The Hong Kong Monetary Authority shared a list of eight questions to seek policy-related recommendations citing five possible regulatory outcomes — no action, opt-in regime, risk-based regime, catch-all regime and blanket ban.

SPONSORED. DeFi platform releases first decentralized stablecoin revenue aggregator
Low-interest rates are making the switch from traditional savings accounts to DeFi more compelling than ever before.

SPONSORED. A hardware wallet live app combination guarantees total asset control for crypto ‘hodlers’
Holding your own private keys is crucial for those looking to achieve financial freedom. Open / Comment

2022-01-15 02:00:05 ​​Brazilian mayor to reportedly invest 1% of city reserves in Bitcoin, & Other News

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Volcanos, Bitcoin and remittances: A Tongan lord plans for financial security
A former lawmaker from the island nation wants to use Bitcoin to secure his country’s financial security.

Brazilian mayor to reportedly invest 1% of city reserves in Bitcoin
Rio de Janeiro mayor Eduardo Paes talked about Bitcoin with Miami mayor and BTC bull Francis Suarez at Rio Innovation Week.

Bitcoin dips below $42K as new forecast says breakout 'most probable outcome' for BTC price
The latest "death cross" on the Bitcoin daily chart is swept aside in favor of buy-in signals and an "eventual" surge towards $50,000.

SPONSORED. Play-to-earn game hosts Christmas charity drive for Ol Pejeta Conservancy
As play-to-earn games build their communities, they also demonstrate new opportunities to give back to the less fortunate.

SPONSORED. GameFi project brings metaverse to life with free-to-play model and user-generated content
The metaverse allows traditional games to reinvent themselves with experiences that connect players rather than isolate them. Open / Comment

2022-01-14 02:00:05 ​​Top or bottom? Traders at odds over whether Bitcoin will keep rising, & Other News

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Tonga to copy El Salvador’s bill making Bitcoin legal tender, says former MP
In a ruling that is “almost identical to the El Salvador bill,” Tongan bigwig Lord Fusitu’a anticipates that his country could adopt Bitcoin by November.

Top or bottom? Traders at odds over whether Bitcoin will keep rising
$44,000 remains a focus overnight, but clear direction evades Bitcoin markets, and participants are nervous.

Institutional investment will boost Bitcoin to $75,000, says SEBA CEO
“We believe the price is going up. Our internal valuation models put the price per BTC right now of between 50,000 to 75,000,” says Guido Buehler, CEO of Seba Bank.

SPONSORED. Leading toymakers launch NFTs on carbon-neutral blockchain
A piquing interest in nonfungible tokens has seen them gain wide application, including in the toy market.

SPONSORED. Token addresses rising prices following the pandemic
As inflation spikes from 2% to nearly 5% this year, the population turns to solutions in decentralized finance. Open / Comment

2022-01-13 02:00:05 ​​Northwest Arkansas offering $10K in Bitcoin to attract remote workers, & Other News

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Price analysis 1/12: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE
Bitcoin and most major altcoins have started a strong recovery that could reach overhead resistance levels where bears may mount a strong defense.

Northwest Arkansas offering $10K in Bitcoin to attract remote workers
“Next-generation talent is essential to further transform our region into a hub for up-and-coming tech innovators and businesses,” said Blockchain Center of Excellence director Mary Lacity.

Traders say Bitcoin run to $44K may be a relief bounce, citing a repeat of December’s ‘nuke’
A sense of foreboding characterizes the market even after inflation data sparks solid intraday gains for BTC/USD.

SPONSORED. cNFT protocol brings utility to NFTs, changing the play-to-earn industry as a whole
GameFi may be the use case necessary to prove NFTs have real utility and are more than just hype.

SPONSORED. How one startup connects a $130 trillion market with decentralized technologies
A combination of a stablecoin and licensed custodian to serve the bond market. Open / Comment

2022-01-12 02:00:00 ​​Bitcoin returns to $42K as bets start favoring ‘short squeeze’ higher for BTC, & Other News

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Binance Labs backs $200M Oasis Ecosystem Fund
The VC firm has thrown its weight behind several blockchain projects with a focus on Web3, decentralized finance and cross-chain capabilities.

Bitcoin returns to $42K as bets start favoring ‘short squeeze’ higher for BTC
There is increasing reason to believe that surprise gains, not losses, for Bitcoin will be the conclusion of the current BTC price phase, say analysts.

Wall Street still not convinced on Bitcoin $100K this year: JPMorgan survey
JPMorgan Chase calls for calm in the crypto market. In a recent client survey, just 5% believe Bitcoin will have hit $100,000 by year-end.

SPONSORED. Token backed by tourism services provides deals and cashback to travelers
Travel and tourism are set to benefit from blockchain technology, addressing issues such as high fees and too many intermediaries.

SPONSORED. Influencers are invited to become ‘metapreneurs’ as social media moves to Web 3.0
Rather than being left behind on Instagram Reels, influencers are encouraged to look to the metaverse for alternate ways to engage with their audience. Open / Comment

2022-01-11 02:00:00 ​​Bitcoin drops below $40K for first time in 3 months as fear set to 'accelerate,' & Other News

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These 3 cryptocurrencies are taking an even bigger hit during Bitcoin's price slump
Bitcoin's drop in the first ten days of 2022 is still less disappointing than some of its top crypto rivals that have fallen much harder.

Bitcoin drops below $40K for first time in 3 months as fear set to 'accelerate'
Volatility comes right on cue as the loss of $40,000 sparks a tussle with swings of $1,000 up and down.

Spanish lawmaker sees opportunity amid Kazakhstan’s Bitcoin mining collapse
As the Bitcoin mining industry matures, it will seek stable political environments and stable energy sources.

SPONSORED. Decentralized exchange on Stellar creates a portfolio of easy to use DeFi applications
Digital assets may enable a better future for its users through its back-end technology and improved products.

SPONSORED. Payments infrastructure platform helps crypto exchanges increase customer conversion
Understanding the true value of a lost customer, a payments infrastructure platform aims to help crypto exchanges and digital asset businesses increase their overall conversion. Open / Comment

2022-01-10 02:00:00 ​​Pakistan to investigate Binance for multi-million dollar crypto scam, & Other News

The best of crypto news, prepared fresh and hot every day:

Bitcoin performs classic bounce at $40.7K as BTC price comes full circle from January 2021
The price may be the same, but sentiment could hardly be any more different, data shows.

Pakistan to investigate Binance for multi-million dollar crypto scam
The federal agency of Pakistan started a criminal investigation after receiving numerous complaints against an ongoing scam that involved misleading investors into sending funds from Binance wallets to unknown third-party wallets.

LCX loses $6.8M in a hot wallet compromise over Ethereum blockchain
The hot wallet compromise was followed by an unauthorized transfer of eight types of ERC-20 tokens including ETH, USDC, LINK and MKR.

SPONSORED. This sports project is bringing smaller athletes closer to their fans
Digital collectibles platform hopes to bring smaller athletes closer to their fans with NFTs.

SPONSORED. Three blockchains, one circulating supply: DeFi project thinks big
This DeFi company is based on three blockchains — and offers DApps that allow assets to be transferred across chains quickly. Open / Comment