Bitcoin

On December 10, the blockchain intelligence firm Chainalysis revealed that the company has added support for Bitcoin’s second-layer protocol the Lightning Network (LN). According to Chainalysis, firms like exchanges and virtual asset service providers (VASPs) can leverage the company’s Know-Your-Transaction (KYT) real-time transaction monitoring software in order to access compliant bitcoin deposits and withdrawals from

$100,000 Bitcoin (BTC) and $2,000 gold could greet 2022 as global markets face “deflationary forces,” says Bloomberg Intelligence. In a tweet on Dec. 9, Mick McGlone, a senior commodity strategist at Bloomberg’s research arm, forecast that next year would be good for both gold and BTC. “Positive ramifications” for Bitcoin thanks to deflation As inflation

During the last week of November, the stablecoin economy had crossed the $150 billion mark for the first time with tether and usd coin dominating the pack. In a mere ten days, the stablecoin economy gathered another $11 billion in value with origin dollar and terra usd swelling significantly during the last 30 days. $11

Bitcoin (BTC) and most altcoins sold off on Dec. 4 with massive deleveraging seen in the crypto derivatives markets. Data suggests more than $2.5 billion of crypto liquidations over a 24-hour period. During the recent fall, Ether (ETH) has continued to outperform Bitcoin. While Bitcoin’s market dominance has dropped below 41%, Ether has continued to

Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says China did the right thing to “ban” cryptocurrencies, including bitcoin. He wishes that cryptocurrencies had never been invented, emphasizing that he will not participate in the crypto boom. He considers “this era even crazier than the dot-com era.” Warren Buffett’s Right Hand Man, Charlie

The court case between Australian Craig Wright and the estate of his now deceased friend David Kleiman over legal rights to tens of billions of dollars worth of Bitcoin mined by Satoshi Nakamoto could end in a mistrial if jurors remain deadlocked. Wright claims he used the pseudonym Satoshi Nakamoto when he invented Bitcoin. The

A leading tech-focused retailer, Newegg, has announced its support for the meme cryptocurrency shiba inu (SHIB) with the launch of a massive billboard ad campaign. Newegg says it is set to accept shiba inu for payments in early December, which would be sooner than when AMC Theatres plans to add SHIB. Newegg Launches Massive Ad

The $4,700 Bitcoin (BTC) price spike on Nov. 29 was likely a great relief for holders, but it seems premature to call the bottom according to derivative metrics.  This should not come as a surprise because Bitcoin price is still 15% below the $69,000 all-time high set on Nov. 10. Just 15 days later, the

The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has revealed that he is buying more bitcoin and ether amid rising inflation concerns. “Inflation is a tax on the poor and middle class. Inflation makes the rich richer,” he stressed. Robert Kiyosaki Warns About Inflation, Reveals He’s Buying More Bitcoin and Ether

Founded in 2017, OKEx is a centralized cryptocurrency exchange based in Seychelles. According to CoinGecko, OKEx is the world’s third-largest cryptocurrency brokerage, with nearly $12 billion in trading volume within the past 24 hours. The exchange lists 312 coins and 518 cryptocurrency trading pairs. It’s often difficult for new cryptocurrency enthusiasts to navigate the complex

The CEO of global investment bank JPMorgan has warned investors about investing in cryptocurrency. “Cryptocurrency has no intrinsic value. You are basically buying a token,” he said. “I would be very careful.” JPMorgan Boss Jamie Dimon Warns About Investing in Crypto JPMorgan Chase and Co’s (JPM.N) chief executive officer, Jamie Dimon, shared his thoughts on

It’s true, Tim Draper has picked losers. He tells me this even before I ask him. The VC legend who backed Hotmail, Tesla, SpaceX, Coinbase, Ledger and many other successful companies readily coughs up that he has invested in lemons. Some, he says, have totally gone out of business, but others just didn’t give him

The Ethereum scaling wars are raging on social media due to the problems that this chain is facing, with fees on layer one (L1) at very high levels. Zhu Su, CEO of Three Arrows Capital, a notable crypto VC company, announced he withdrew his support from the project, criticizing the state in which the chain

Bitcoin (BTC) has been on an impressive price run since the announcement of the United States Securities and Exchange Commission’s approval of ProShares’ Bitcoin futures exchange-traded fund (ETF) early in October, hitting a new all-time high of over $69,000 on Nov. 10, as per data from TradingView.  However, the financial watchdogs soured the mood by

The annual Sports Illustrated (SI) Awards have just revealed the line-up for the firm’s 2021 awards show that will broadcast live from the Seminole Hard Rock Hotel and Casino in Hollywood, Florida. This year, fans will be able to win a whole bitcoin from FTX as the crypto exchange has partnered with the SI Awards

Bitcoin (BTC) bulls were euphoric when the price soared to $69,000 on Nov. 10 because the 14.5% gain accumulated over five days meant they were in for a $715 million profit on Friday’s options expiry. However, the 9% negative price move on Nov. 16 caught bulls by surprise, especially since most of the call (buy)

On Tuesday, one of the Big Four accounting organizations, Deloitte announced a strategic partnership with Ava Labs, the team behind the blockchain network Avalanche. According to the announcement, Deloitte’s new cloud-based platform leverages Avalanche in order to “improve security, speed and [the] accuracy of Federal Emergency Management Agency reimbursements.” Deloitte to Utilize Avalanche Protocol to

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Crypto markets tag $3T combined market cap for first time

Bitcoin’s (BTC) bullish sentiment received a minor setback on Nov. 12 afte the Securities and Exchange Commission (SEC) rejected VanEck’s Bitcoin exchange-traded product that planned to track Bitcoin’s spot price. However, this negative development was followed by the successful activation of the Taproot soft fork on November 13. Bitcoin developer Hampus Sjöberg, who runs a

News that two teams of Chinese scientists have achieved quantum advantage — a technical term for when a computer can perform functions beyond that of a classical computer — may be the signal that we have truly entered a new era. While Google’s 54-qubit quantum processor, Sycamore, became the first widely known example of early-stage

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Anton Bukov, co-founder of 1inch Network, a distributed network of decentralized protocols. Anton has been writing code for

Bitcoin (BTC) traded above a key zone into the weekly close on Nov. 13 after the successful activation of the Taproot soft fork. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView What ETF rejection? Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding above $64,000 at 10 am UTC Sunday. The pair had gained in

The Bitcoin (BTC) network successfully activated the Taproot soft fork following a 90% lock-in consensus from miners and mining pools between blocks 709,488 and 709,632. The milestone signifies the first major upgrade for Bitcoin since August 2017, which saw the launch of Bitcoin’s leading layer-two solution, the Lightning Network and Segregated Witness (SegWit). The Taproot

While gold is generally perceived to be the best hedge against inflation, a report written by author Kelsey Williams has now questioned this longstanding assertion. In the report, Williams argues that the current gold price of around $1,810 per ounce is much lower than the commodity’s average price in 1980. Gold Price Rise Lags Behind

sponsored The following article was written by CZ, Binance CEO & Co-Founder. DYOR, or do your own research, is a concept I think every investor should know about. It’s as close to a golden rule as anything in the world of crypto, but it applies more even broadly to anything you’re planning to invest in,

Authorities in Russia are gearing up to amend various pieces of legislation to facilitate the issuing and function of the digital ruble. Officials in Moscow believe this version of the national fiat needs to be regulated separately from other digital forms of money such as cryptocurrencies. Russia Prepares to Trial Digital Ruble, Officials Say CBDC

Square Enix, one of the biggest developers and publishers in the gaming world, has acknowledged the importance that NFTs and blockchain gaming could have for the future of the company. In its latest briefing session, Square Enix contemplated a “robust entry” into the blockchain games sector as part of its medium-term strategy process. Square Enix

Global payment giant PayPal is going after cryptocurrency wallet TokenPocket over an alleged trademark infringement. Apple temporarily removed the TokenPocket wallet from the App Store, the company announced Nov. 4. According to the firm, the reason for removal was a complaint from PayPal concerning an alleged trademark issue. TokenPocket said that they received communications from

Bitcoin (BTC) denied bulls their big break on Nov. 4 as sideways action dragged the market ever closer to $60,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC hodlers in “buy the dip” mode Data from Cointelegraph Markets Pro and TradingView showed BTC/USD back below $62,000 at 8am UTC. The pair saw a difficult 24 hours

Cryptocurrency charity platform The Giving Block has announced the launch of 15 new ‘Cause Funds’ to better direct donations to charities with similar goals and missions. The Giving Block was established to facilitate cryptocurrency donations to over 700 nonprofits around the world including Save the Children, Malala Fund and World Vision. The new Cause Funds