Regulation
Crypto Exchange Luno Eyes US Expansion
Cryptocurrency exchange Luno is eyeing an expansion into the U.S., its general manager for Africa said. Source link
Month: February 2022
Ethereum
Myanmar’s Military Government Plans Digital Currency Launch: Report
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial […]
Bitcoin
Is The Bitcoin Bottom In? Here’s What SOPR Data Says
Bitcoin has continued its rally breaking above $42k today, making many wonder whether $33k was the bottom. Here’s what the SOPR data says about it. Bitcoin Short-Term Holder SOPR Starts Turning Green Again As explained […]
Market Analysis
Cross-chain Bridge Hack of Meter Sees $4.4M Stolen
Meter, an infrastructure provider for DeFi, is urging a hacker who exploited a deposit mechanism to return the $4.4M of stolen funds. A blockchain infrastructure company that operates in the Decentralized Finance space, Meter, was […]
Regulation
Sphere 3D to Buy 60K NuMiner Machines for $1.7B
“The NM440 boasts a 440 TH/s processing hash rate, more than 8x the average bitcoin miner, with ~75% less energy usage, as substantiated by leading third-party testing company TÜV Nord’s certified lab BTL,” said Anthony […]
Ethereum
Who’s Using the Metaverse? Poker Players in Decentraland
Decentral Games’ casino has made $7.5 million in revenue over the past three months with daily-user counts topping 5,000. Source link
Bitcoin
Bitcoin Rangebound as Altcoins Underperform
●Bitcoin (BTC): $36785, −1.84% ●Ether (ETH): $2620, −3.34% ●S&P 500 daily close: $4477, −2.44% ●Gold: $1807 per troy ounce, −0.15% ●Ten-year Treasury yield daily close: 1.83% Bitcoin, ether and gold prices are taken at approximately […]
Market Analysis
Cheap money in the economy will be ‘good’ for cryptocurrencies, says Nexo co-founder
Antoni Trenchev says the Fed is unlikely to be as aggressive as expected and “cheap money” will likely continue to flow into crypto Nexo co-founder Antoni Trenchev thinks 2022 will be a choppy year for […]
Technology
Layer 1 Project Aleo Raises $200M
Key Takeaways Aleo has closed a $200 million funding round led by SoftBank Vision Fund 2 and Kora Management. The team aims to build a scalable and privacy-centered blockchain using zero-knowledge proofs. Once live as […]
Ethereum
Bitcoin Capped Below $40K Resistance; Support at $35K
Bitcoin (BTC) buyers and sellers are at a stalemate. The cryptocurrency is trading in a tight range between $35K support and $38K-$40K resistance as upside momentum slows. Still, short-term buyers could remain active. Source link