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Jan 30, 2023 3:30 PM (2 years ago)

Report: Elon Musk’s Payments Vision for Twitter Takes Shape, Small Team Tasked to Build Infrastructure

Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastructure for a payment platform, and Twitter is…
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Jan 30, 2023 12:30 PM (2 years ago)

Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’

Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan…
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Jan 30, 2023 12:00 PM (2 years ago)

Unbanked and Mastercard Team Up to Accelerate Crypto Card Adoption Within Web3 Organizations in Europe

PRESS RELEASE. Today it was announced that Unbanked, the leading provider of white-label crypto card issuance and program management service for Web3 companies has partnered with Mastercard, to accelerate DeFi card issuance in Europe. Mastercard…
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Jan 30, 2023 8:30 AM (2 years ago)

Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition

Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second…
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Jan 30, 2023 6:30 AM (2 years ago)

Recruiting Agencies in Japan Are Turning to the Metaverse

The metaverse is making inroads in job recruiting fronts in Japan. According to local reports, a mega metaverse job fair was organized on Jan. 27, with more than 2,000 students taking part in the experience. The students used avatars to communicate…
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Jan 30, 2023 3:30 AM (2 years ago)

Argentine Peso Loses Almost 12% Against the Greenback During January; Inflation Projected to Rise Sharply

The Argentine peso has fallen consistently against the U.S. dollar this month, losing almost 12% since Jan. 1. The behavior of the exchange rate for the informal “blue” dollar keeps bringing concerns about a possible escalade in…
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Jan 30, 2023 12:30 AM (2 years ago)

Kazakhstan Parliament Adopts Law Regulating Crypto Mining and Exchange

Lawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of cryptocurrencies in the country and introduces a…
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Jan 29, 2023 9:30 PM (2 years ago)

US Senator’s Resolution Encourages Capitol Gift Shops to Accept Cryptocurrency

A U.S. lawmaker has introduced a resolution that encourages Capitol gift shops to accept cryptocurrency payments. He stressed that lawmakers “should increase accessibility and signal our support for the burgeoning cryptocurrency industry to…
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Jan 29, 2023 6:30 PM (2 years ago)

US Senator Focused on Crypto Money Laundering Crackdown — Urges Congress, Regulators to Take Action

U.S. Senator Elizabeth Warren has called on Congress to ensure regulators, such as the Securities and Exchange Commission (SEC), have the tools to regulate the crypto industry effectively and crack down on crypto money laundering activities…
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Jan 29, 2023 4:30 PM (2 years ago)

Bitcoin Difficulty Surges 4.68%, Taps New All-Time High; Metric Set to Surpass 40 Trillion

The Bitcoin blockchain recorded another difficulty increase on Sunday, Jan. 29, 2023, at block height 774,144. The network’s difficulty increased by 4.68%, from 37.59 trillion to an all-time high of 39.35 trillion. Bitcoin Difficulty Reaches…
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Jan 29, 2023 2:30 PM (2 years ago)

Market Strategist Warns of ‘Blood’ on February 1 Ahead of Fed Meeting

Stocks, precious metals, and cryptocurrencies rallied during the first month of the year, and market strategists are saying that markets could retract in the near future if the U.S. Federal Reserve keeps hiking rates and maintaining a broader…
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Jan 29, 2023 12:30 PM (2 years ago)

Artificial Intelligence and Cryptocurrency: The Rise of AI-Focused Projects in 2023

Trends show that artificial intelligence (AI) will be a major topic in 2023, as data indicates a surge in interest. Since interest peaked and Microsoft invested billions into Chatgpt, demand for AI-focused cryptocurrency projects has risen…
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Jan 29, 2023 9:30 AM (2 years ago)

Nearly $13 Billion in Sales: Breaking Down 5 NFT Collections by Sales Volume 

Non-fungible token (NFT) assets have existed since at least 2014, but interest in them began to rise in January 2021, according to Google Trends data. Approximately one year later, the search term “NFT” reached its highest score on…
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Jan 29, 2023 7:30 AM (2 years ago)

JPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review

JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, recently calling it a “hyped-up fraud,” and a “pet rock.” For it’s part, Bank of America has said that it views central bank digital…
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Jan 29, 2023 5:30 AM (2 years ago)

Crypto Bank Custodia Denied Membership in US Federal Reserve System

The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to the decision announced Friday, the application submitted by the digital asset bank is inconsistent with legal…
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Jan 29, 2023 1:30 AM (2 years ago)

Institutional Investors Forecast ‘Strong Year’ for Bitcoin — 65% Expect BTC to Hit $100K, Survey Shows

A new survey shows that institutional investors expect “a strong year ahead for bitcoin” and are confident about the cryptocurrency’s long-term valuation. In addition, 65% of institutional investors surveyed agree that bitcoin…
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Jan 28, 2023 11:30 PM (2 years ago)

Crypto Association in Turkey Vows to Block Exchanges That ‘Victimize Traders’

A new organization has been established in Turkey with the aim to monitor and help develop the country’s crypto sector, local media reported. Its first task will be to address recent problems with some cryptocurrency exchanges and boost confidence…
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Jan 28, 2023 9:30 PM (2 years ago)

Elon Musk Reaffirms Offer to Eat Happy Meal on TV if McDonald’s Accepts Dogecoin

Tesla and Twitter CEO Elon Musk has reaffirmed his commitment to eat a McDonald’s Happy Meal on TV if the fast food chain accepts the meme cryptocurrency dogecoin (DOGE). Musk originally made the offer a year ago but McDonald’s…
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Jan 28, 2023 7:30 PM (2 years ago)

Robert Kiyosaki Says ‘We Are in Global Recession’ — Warns of Soaring Bankruptcies, Unemployment, Homelessness

The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says that we are in a global recession. Warning of soaring bankruptcies, unemployment, and homelessness, he noted that there is good news for investors looking for…
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Jan 28, 2023 5:30 PM (2 years ago)

White House Publishes ‘Roadmap’ to Mitigate Cryptocurrency Risks

The White House has published a “roadmap to mitigate cryptocurrencies’ risks.” The roadmap calls for authorities to “ramp up enforcement where appropriate” and Congress “to step up its efforts” to regulate…
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Jan 28, 2023 4:30 PM (2 years ago)

New York Considers Bill to Establish Cryptocurrency as a Form of Payment for State Agencies

A bill has been introduced in the U.S. state of New York to allow state agencies to accept cryptocurrency payments, including bitcoin, ether, litecoin, and bitcoin cash. The legislation proposes allowing crypto to be used as “a means of…
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Jan 28, 2023 3:00 PM (2 years ago)

Stablecoin Economy Sheds Another $3 Billion in 44 Days

The stablecoin economy continues to deplete as more than $3 billion has been erased from the stablecoin market ecosystem over the last 44 days. While statistics show that tether’s market valuation has risen by 2% over the last 30 days, usd…
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Jan 28, 2023 1:30 PM (2 years ago)

US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related Activities

The United States Federal Reserve Board said on Jan. 27 that both insured and uninsured banks will be subjected to limits on certain activities including those that are associated with crypto assets. The board’s latest action does not preclude a…
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Jan 28, 2023 11:30 AM (2 years ago)

FTX Co-Founder Sam Bankman-Fried Seeks Removal of Bail Restrictions on Crypto Asset Transfers

Sam Bankman-Fried, the disgraced co-founder of FTX, is seeking access to crypto assets associated with FTX and Alameda Research, according to a letter written by his attorney, Mark Cohen. Cohen insists that the existing bail conditions…
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Jan 28, 2023 9:30 AM (2 years ago)

Litecoin’s Hashrate Reaches All-Time High, Difficulty Follows Suit

The blockchain network Litecoin’s computational power reached an all-time high (ATH) on Wednesday, Jan. 25, 2023, at block height 2,411,048, reaching 798.43 terahash per second (TH/s). In addition, Litecoin’s difficulty also reached…
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