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Bitcoin Started New Year on Bad Note, Price Declined 16.8% in January

Bitcoin Started New Year on Bad Note, Price Declined 16.8% in January

11 mins ago | 2 mins read Bitcoin News In January 2021, bitcoin gained 14.18 percent in value. BTC investors sold out in response to the US Fed Reserve statement. With increasing bond rates and other government policies taking a toll on bitcoin’s price in January 2022, the most popular cryptocurrency lost more value than in the same month last year. At the beginning of January, Bitcoin had a…

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Tezos Bags Sponsorship Deal With Football Giant Manchester United

Tezos Bags Sponsorship Deal With Football Giant Manchester United

53 mins ago | 2 mins read Altcoin News A Metaverse or other Web3 project may be part of the alliance. Dogecoin will be the jersey sleeve sponsor of Watford FC. Tezos, a Proof-of-Stake blockchain platform, is expected to announce a multi-year training gear partnership with Manchester United, one of the world’s most famous soccer clubs. The Athletic was the first to publish the deal, allowing…

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Cosmos (ATOM) Price Surges 11% In Last 24 Hours Amid Market Rise

Cosmos (ATOM) Price Surges 11% In Last 24 Hours Amid Market Rise

51 seconds ago | 2 mins read Altcoin News Cosmos is still 34.41% below the all-time high of $44.70. Cosmos gives developers the ability to swiftly design blockchains. Cosmos (ATOM) is a cryptocurrency that serves as the foundation for an ecosystem of blockchains designed to scale and interoperate with one another. Cosmos is a proof-of-stake cryptocurrency network. ATOM holders may stake their…

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ADALend Sign the Contract With Robatz Network for the Cardano Native Decentralized Lending Protocol Development – Sponsored Bitcoin News

ADALend Sign the Contract With Robatz Network for the Cardano Native Decentralized Lending Protocol Development – Sponsored Bitcoin News

sponsored PRESS RELEASE. ADALend and Robatz Network sign the contract for development of the decentralized lending protocol. Robatz Network and ADALend represents a significant milestone for developing the lending protocol and will allow both companies to work together to further the development of the protocol, which will ultimately increase the utility of the platform for users. ADALend is a…

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Valr Becomes Latest South African Exchange to Exit Crypto Arbitrage Market – Exchanges Bitcoin News

Valr Becomes Latest South African Exchange to Exit Crypto Arbitrage Market – Exchanges Bitcoin News

Crypto exchange Valr has announced it has closed its crypto arbitrage service to new customers in order to comply with the requirements of its banking partner. This announcement makes Valr the latest South African crypto exchange platform to close its arbitrage business. Ovex was one of the first exchanges to announce its exit from the market. Banking Partner Requirements Push Exchange out of…

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Crypto Asset Manager Grayscale Launches 'Future of Finance' ETF in Partnership With Bloomberg – Finance Bitcoin News

Crypto Asset Manager Grayscale Launches ‘Future of Finance’ ETF in Partnership With Bloomberg – Finance Bitcoin News

Grayscale Investments has launched its first exchange-traded fund (ETF). The Grayscale Future of Finance ETF “seeks to invest in the companies and technologies shaping the ‘future of finance.’” Grayscale’s First ETF Grayscale Investments, the world’s largest digital currency asset manager, announced Wednesday the launch of its first exchange-traded fund (ETF) called Grayscale Future of Finance…

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Microstrategy CEO on Mainstream Bitcoin Adoption: 'I See Evidence of a Lot More Institutional Adoption' – Featured Bitcoin News

Microstrategy CEO on Mainstream Bitcoin Adoption: ‘I See Evidence of a Lot More Institutional Adoption’ – Featured Bitcoin News

The Nasdaq-listed company Microstrategy sees “evidence of a lot more institutional adoption” of bitcoin. The firm cited various reasons including “The circumstances and the currency volatility” in Turkey, South America, and Africa — “all of these things have elevated institutional awareness of bitcoin.” Microstrategy Outlines Future Outlook for Bitcoin The Nasdaq-listed software company…

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SEC Commissioner: New Proposal Could Give SEC Expansive Power to Regulate Crypto, Defi Platforms – Regulation Bitcoin News

SEC Commissioner: New Proposal Could Give SEC Expansive Power to Regulate Crypto, Defi Platforms – Regulation Bitcoin News

A commissioner with the U.S. Securities and Exchange Commission (SEC) has voiced concerns regarding a new proposal that could give the securities regulator new powers to regulate cryptocurrency platforms and decentralized finance (defi) protocols. New SEC Proposal Could Hurt the Crypto Industry, Commissioner Peirce Cautions U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce…

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Theta Network Now Ranks Under Top 30 on DefiLlama

Theta Network Now Ranks Under Top 30 on DefiLlama

9 hours ago | 2 mins read Altcoin News Blockchain-powered ThetaDrop is an NFT auction and drop platform. Theta’s distributed network has more than 8,000 community-run Elite Edge Nodes. Theta’s ecosystem continues to grow, drawing additional video content distributors, makers, and consumers with the announcement of new collaborations. Theta utilizes a next-generation end-to-end infrastructure…

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Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit – Bitcoin News

Jump Crypto Replaces $320 Million in Ethereum Taken From Wormhole Exploit – Bitcoin News

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging…

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EverdreamSoft Announces Premium LAND Sale Around the EverdreamSoft Estate, in The Sandbox

EverdreamSoft Announces Premium LAND Sale Around the EverdreamSoft Estate, in The Sandbox

Blockchain game pioneer and developer EverdreamSoft has announced the sale of unique Premium LAND surrounding the EverdreamSoft Estate, a six-by-six plot of land in The Sandbox that may be used to create various intriguing structures. As early adopters of blockchain technology for gaming and digital collectibles, EDS has been a trailblazer in this area since 2014, although launched in 2010 in…

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Yield App Assets Grow 40% Over Q4 as Platform Passes Armanino Audit – Press release Bitcoin News

Yield App Assets Grow 40% Over Q4 as Platform Passes Armanino Audit – Press release Bitcoin News

press release PRESS RELEASE. ESTONIA — 03 FEBRUARY 2022 — Yield App, a FinTech company and digital asset wealth management platform, has published its 2021 Q4 report, showing the firm continuing on a strong growth trajectory that saw its managed assets grow by 40% from Q3 to reach $475 million. In addition, the platform has published the results of an inspection by leading global auditor…

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Derivative volume accounted for 61% of market trades in January

Derivative volume accounted for 61% of market trades in January

Trading in derivatives increased 10% in  January, hitting a new high amid speculation, data highlighted by CNBC’s Kate Rooney showed. Despite the slump in crypto prices over the last few months, data shows the trend in crypto derivatives picked up in Janaury and hit a new all-time high. CNBC’s Kate Rooney, in an interview in which she highlighted trading volumes in the spot markets versus…

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Kazakhstan Extends Power Cuts for Cryptocurrency Miners – Mining Bitcoin News

Kazakhstan Extends Power Cuts for Cryptocurrency Miners – Mining Bitcoin News

Crypto farms in Kazakhstan will remain unplugged until Feb. 7, as the local utility has extended power cuts for miners. The company points to ongoing difficulties with electricity supply as the main reason for the measure, which was supposed to expire at the end of January. Mining Facilities in Kazakhstan Still Shut Down Data centers authorized to mint digital currencies in Kazakhstan will not be…

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IDEX Price Surges 52% in Last 24 Hours Amid Crypto Market Fall

IDEX Price Surges 52% in Last 24 Hours Amid Crypto Market Fall

4 hours ago | 2 mins read Altcoin News The strategy eliminates lost transactions and unnecessary gas costs. As an AMM and a typical order book model, it provides the best of both worlds. The lesser-known coins usually get the most attention when the crypto market is in decline. IDEX is one such digital coin, which gained over 55% and took over the market at a time when every other prominent…

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Crypto Donations Percentage Skyrocketed Nearly 16x in 2021

Crypto Donations Percentage Skyrocketed Nearly 16x in 2021

Crypto Donations of 2021 turned out to be the biggest year.  The volume spiked to $69.6 million or nearly 16x in the same time.  The average crypto donation size was 82x larger than an average cash donation.  A report released from The Giving Block surprised the entire market. Thereby revealing the overall volume of crypto donations in the year 2021. Interestingly, the volume spiked nearly up-to…

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Video Game Retailer Gamestop Partners With L2 Startup Immutable X, Launches $100 Million NFT Fund – Blockchain Bitcoin News

Video Game Retailer Gamestop Partners With L2 Startup Immutable X, Launches $100 Million NFT Fund – Blockchain Bitcoin News

Last May it was discovered that the video game retail giant Gamestop was stepping into the world of non-fungible token (NFT) technology. Nine months later, Gamestop has revealed it is partnering with the layer two (L2) Ethereum scaling project, Immutable X. The two teams have also established a $100 million fund dedicated to NFT creator grants. Gamestop Partners With Immutable X Gamestop has…