Month: January 2022

Meme coin Shiba Inu recently announced its move into the metaverse. The ‘Shibverse’ as it’s called will usher the cryptocurrency into a booming space, presumably to provide more utility for the digital asset. This news is no doubt well received by the community as it allows SHIB to participate in what is a booming industry. […]

Data suggests $34,000 was the bottom and BTC’s recent performance could be a sign that traders are beginning to open fresh longs. Cryptocurrencies had a volatile week after Bitcoin’s (BTC) sudden crash to $33,000 on Jan. 24. However, the sharp 9% drop fully recovered within 8 hours after BTC price regained the $36,000 support. On […]

Restricting the number of spectators at the major international sporting event will “likely further delay the mass adoption of the digital currency,” according to the Foundation for Defense of Democracies’ Craig Singleton. Though athletes and support staff arriving for the Beijing 2022 Olympics still have the option of using digital currency for payments at many […]

Litecoin follows the general sentiment in the crypto market and trades in the green during today’s session. As of press time, LTC is exchanging hands at $110,21 with a 1.7% profit in 24-hours. Related Reading | Charlie Lee Sums Up Litecoin’s 10 Years History. Part Five: Conflict Of Interest LTC moving sideways in the 4-hour […]

DerivaDAO, TLOS and Bonfida rallied by 30% as traders view Bitcoin move above $38,000 as a signal to go long on BTC and select altcoins. The cryptocurrency market is in a state of confusion on Jan. 31 as many traders view Bitcoin’s (BTC) weakness as a sign that a crypto winter is beginning, yet increasing news of […]

Uncertainty about crypto regulation can engender internal disagreement even within seemingly monolithic governments. One of the most fascinating implications of the collision between traditional political institutions and the crypto space is how it can reveal the glaring lack of cohesion within power systems that otherwise look monolithic. Digital assets reside in a parallel policy dimension […]

In addition to environmental metrics, the U.S. now accounts for 49% of the world’s Bitcoin cash rate. In a new report published by CoinShares on Monday, the firm estimated that the Bitcoin (BTC) mining network emitted 42 megatons, or Mt, (1Mt = 1 million tons) of carbon dioxide, or CO2, in 2021. In context, the […]

SOL price is over 60% away from its all-time high and data shows that its loss of territory to competing chains is driving the correction. The past couple of months have not been kind to cryptocurrencies. The sector’s aggregate market capitalization plunged 50% from a Nov. 10 peak at $2.87 trillion to the current $1.44 […]

The Cryptocurrency and Regulation of Official Digital Currency Bill does not appear as one of the 15 bills the government body will consider during its next session. The latest bulletin covering the agenda for India’s lower house of parliament includes “a lecture on understanding cryptocurrency” and its economic impact. According to a Monday publication from […]

Despite extreme fear in the market, institutional investors appear to be re-accumulating Bitcoin using dedicated funds. After recording heavy outflows at the start of 2022, cryptocurrency investment funds have seen a gradual uptick in investor demand over the past two weeks, offering cautious optimism that the worst of the market downturn had passed. Digital asset […]