The new wallet of China’s state-issued digital currency has quickly become one of the most downloaded applications in the country, within days of its launch. Its use and integration with other apps have contributed to an increase of digital yuan payments, media reports unveil. Wallet Launch Boosts Digital Yuan Ahead of Lunar New Year and Winter Olympics In the week after it was offered to the public, the digital yuan (e-CNY) wallet has placed among China’s most downloaded apps. On Read more …
press release PRESS RELEASE. Arkania Protocol has announced its IDO Launchpad for the public, with anti-whale mechanism, KYC and robust security. 12th January, St. Vincent & the Grenadines — The Arkania platform connects promising new projects with the global crypto community, offering developers a chance to showcase innovative new start-ups to individuals who then have the option to support them from the ground floor. Built on Binance Smart Chain, Arkania will integrate other chains in the future to offer an Read more …
The blockchain-powered game Axie Infinity has been a very popular application during the last 12 months, as the game’s NFTs have outpaced every NFT collection today in terms of all-time sales. While Axie Infinity has seen $3.85 billion in all-time sales, Nansen researcher Martin Lee recently published a report on how Ronin, Axie Infinity’s sidechain, has seen exponential growth. Researcher Takes a Deep Dive Into Axie Infinity’s Ronin Network Axie Infinity, the Ethereum-based blockchain game developed by Sky Mavis has Read more …
The below is a direct excerpt of Marty’s Bent Issue #1142: “This is what normalization looks like.” Sign up for the newsletter here. via @Pastore1314 via @Pastore1314 What a difference a year makes. At this point in 2021 the price of bitcoin had just breached a new all time high above $41,000 and was experiencing a slight price correction before going on a two-month run that would see prices pushed well above $60,000. As you can see from the pictures Read more …
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has explained how securities laws apply to cryptocurrency tokens as he outlined the commission’s priorities in regulating the crypto space. “Our role at the SEC is to ensure that the public still gets basic protection,” he stressed. SEC Chair Gary Gensler on Cryptocurrency Regulation SEC Chair Gary Gensler discussed cryptocurrency regulation and the agency’s 2022 regulatory agenda on CNBC Monday. The chairman explained that, in general, “If you Read more …
The dominance of Big Tech is coming to a close. So long as we can ensure that it doesn’t enslave us all first. Many people are beginning to wake up to their dependencies on large internet companies and are starting the process of migrating to free and open platforms that don’t rely on Amazon Web Services. Internet infrastructure was not designed for the end user to be a systems administrator, but the tools are being built out as the necessity 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. Source: TradingView The two assets have been trading in a very correlated fashion since the start of the new year. With the stock market open this morning, both assets sold off in tandem, with bitcoin bouncing first with equities following, which serves as Read more …
Bitcoin’s price has come down from all-time highs hit on November 10, 2021, and many of the publicly-traded bitcoin mining stocks saw their prices drop along with it. Marathon Digital Holdings (MARA) was no exception to this rule. Corporate Growth Its last two earnings reports were not its strongest showing, but Marathon did have a strong year in 2021 overall. On January 3, 2022, Marathon released its 2021 full year and December updates, including these notable highlights: Accrued 3,197 self-mined Read more …
Doubleline Capital CEO Jeffrey Gundlach, also known as the “Bond King,” has warned about “a recession in the later part of this year.” He also advised against buying bitcoin at the current level. “Maybe you should buy it at $25,000,” he said. Billionaire ‘Bond King’ Jeff Gundlach on Recession, Bitcoin, and the Fed Raising Interest Rates Billionaire fund manager Jeff Gundlach warned about a recession happening in the later part of this year in an interview with Yahoo Finance, published Read more …
I am part of a subset of Local Union (ATU1555) based out of Oakland, California, proposing that our union allocate a percentage of our treasury and monthly union dues to bitcoin. I wish I could take credit for the original ATU1555BITCOIN idea, but I cannot. After our tenth or probably more like twentieth bitcoin breakroom discussion, the former president of our local asked if I had ever considered how bitcoin could be applied to the union. The answer to that Read more …
U.S. state securities regulators have revealed that cryptocurrency investments are their top investor threat this year. “Before you jump into the crypto craze, be mindful that cryptocurrencies and related financial products may be nothing more than public facing fronts for Ponzi schemes and other frauds,” one regulator warned. Crypto Is the Top Threat for US Securities Regulators The North American Securities Administrators Association (NASAA) released its “annual list of top investor threats” Monday. The NASAA, formed in 1919, is a Read more …
press release PRESS RELEASE. In the world of cryptocurrencies, it is important for any crypto exchange to offer plenty of different options when it comes to making money. This is precisely why Bitrue, a leading cryptocurrency exchange, has recently announced the launch of a new yield farming hub, available to all of its users from January 10th at 10:00 UTC. The main reason and context behind this new initiative has to do with the fact that staking and yield farming Read more …