Month: December 2021

Authorities in Iran have decided to permit power generation plants using renewable sources to sell electricity to licensed cryptocurrency miners. The move comes after the government asked mining companies to suspend activities in order to avoid winter blackouts. Crypto Miners in Iran to Mint Digital Coins Using Renewable Energy Regulated companies mining cryptocurrency in Iran will gain access to green energy, local media reported. The Ministry of Energy in Tehran has adopted new rules allowing plants generating electricity from renewable Read more …

Plutus Application Backend (PAB) provides developers with a quick way to create decentralized financial applications. Plutus will make it easy to focus on the frontend and business logic of your application. By taking care of the backend infrastructure, Plutus frees up developers’ time to focus on application development. This is possible thanks to the features of Plutus Core which provide the building blocks for decentralized applications. Plutus, a platform that provides a native smart contract language as well as the Read more …

ERTHA’s Listing and TGE will be hosted on Huobi as a Prime List on the 4th of January, 2022. Listing on Huobi ensures that ERTHA Metaverse becomes the leading token in the GameFi & NFT space. Gaining a Primelist brings new levels of visibility and prestige to the project, introducing us to a wider demographic of investors and supporting the value and longevity of the token. It also provides the community with a convenient way to access the $ERTHA token. Read more …

BOSAGORA signed a business partnership with PIST TRUST, a blockchain-based digital asset management platform. BOSAGORA, a public blockchain platform specialized in Metaverse, launched the MetaCity Forum in May, has signed partnerships with promising companies such as AIITONE, BRI (Canada), IBK Securities, KB Capital, Finger, Crowdy, etc. to build an expanding ecosystem. The ‘Global ESG Metacity Summit 2021’ with Namyangju City was successfully held at the same time at ‘The Wider Agora’, a Metaverse platform developed by the MetaCity Forum, and Read more …

Vladimir Gorbunov is the founder and CEO of the Crypterium wallet and neo bank app, which supports over 600,000 registered clients across 170 countries. The company has recently launched Choise.com alongside a new token, the CHO token. Choise.com will enable users to swap between centralised (CeFi) and decentralised  (DeFi) finance at the press of a button, meaning they can harness the power and benefits of both digital asset worlds. We recently spoke with Gorbunov regarding Crypterium’s new product launch and Read more …

The number of cryptocurrency ATMs around the world has grown exponentially in 2021, with over 20,000 new installations made since last December. That’s more than the total of all crypto teller machines put into operation in the previous seven years. Close to 34,000 Crypto ATMs Available Globally ATM locations offering users options to buy and exchange cryptocurrencies with fiat money are increasing at an unprecedented pace. Data compiled by Coin ATM Radar shows that their number towards the end of Read more …

Authorities in Hong Kong have arrested two individuals accused of laundering about $384 million using various avenues including a cryptocurrency exchange trading platform. If convicted, the two face a maximum jail sentence of 14 years plus a fine of $5 million. An Indictable Offense Two people accused of laundering about $384 million using a cryptocurrency exchange platform have been arrested, the Hong Kong regional government has said. The arrest of the two, a 28-year-old woman and her 21-year-old brother, followed Read more …

Ethereum gained bearish momentum below the $3,720 support against the US Dollar. ETH price tested $3,600 and currently struggling to recover higher. Ethereum started a major decline below the $3,850 and $3,750 support levels. The price is trading below $3,800 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $3,715 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above $3,500 to avoid more downsides in Read more …

The below is a direct excerpt of Marty’s Bent Issue #1136: “The incentives are screwed: exhibit 21,212.” Sign up for the newsletter here. The externalities of unfettered money printing are extremely overweight to the negative side of the spectrum. When the government has the ability to work in conjunction with central banks to print money ex-nihilo to fund an activity, those who are in control of managing that activity are incentivized to be extremely wasteful to justify their budgets funded Read more …

Bitcoin extended decline below the $47,500 support zone against the US Dollar. BTC could recover, but upsides might be limited above $47,500. Bitcoin started a fresh decline below the $48,500 and $47,500 support levels. The price is trading below $48,000 and the 100 hourly simple moving average. There is a key declining channel forming with resistance near $47,150 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could correct higher, but upsides might be limited Read more …

Blueprint Capital Advisors CEO Jacob Walthour says it’s a mistake to ignore crypto as an asset class. He also predicts that crypto will outperform equities in the foreseeable future. Investment Adviser Expects Crypto to Outperform Equities Jacob Walthour, CEO and co-founder of Blueprint Capital Advisors, discussed his outlook for the crypto and equity markets in an interview with CNBC Wednesday. Walthour has over 25 years of experience in capital markets, traditional, and alternative asset management. “At this stage, we have Read more …

The below is from a recent edition of the Deep Dive, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. In today’s Daily Dive, we’re covering some visuals to illustrate bitcoin’s spot and derivatives market dynamics. We can do this by looking at two key metrics compared to price: the futures perpetual funding rate and the long-term holder net position change. As a Read more …