Cryptocurrency
Layer 2 Tokens Take Lead
The price of layer 2 network Optimism’s OP token has also surged over the past week. OP reached an all-time high of over $2.50 on Wednesday amid rising adoption of layer 2 networks. “People want […]
Month: January 2023
Mining
Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase – Mining Bitcoin News
The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher. The change follows the last difficulty retarget, which advanced by […]
Regulation
Arizona Senator Launches Bill to Make Bitcoin Legal Tender – Regulation Bitcoin News
A senator in the U.S. state of Arizona has introduced a set of cryptocurrency bills, one of which seeks to make bitcoin legal tender. “Centralized digital money controlled by the central bankers is slavery. Decentralized […]
Finance
Russia Mulls Gold-backed Stablecoin, Lawmaker Confirms After Iran Visit – Finance Bitcoin News
Russia may issue a stablecoin backed by gold to use in international settlements, a high-ranking member of the Russian parliament has admitted. The matter has been discussed during a recent visit to Iran where officials […]
Technology
El Salvador’s volcano-powered Bitcoin City wins design award
El Salvador is the first country that recognised Bitcoin as legal tender. Bitcoin City has been recognised as a sustainable and highly efficient project. El Salvador is building the new city in the country’s East, […]
Market Analysis
Can Metacade Lead a Bear Market Rally?
After the madness of the 2021 bull run, the crypto winter really hit hard in 2022, with difficulty saying how long it will continue. Experienced investors know that while interest in crypto may be a little lower, […]
Regulation
Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says – Regulation Bitcoin News
The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensure global […]
Finance
‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament – Finance Bitcoin News
Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter […]
Technology
Porsche halts NFT mint amid community backlash
Porsche announces halt to NFT mint of iconic 911 Model, just a day after public mint opened. The German car manufacturer said it had listened to the community’s feedback and the mint will halt on […]
Market Analysis
OpenSea Didn’t Stop the Sale of My Stolen NFTs, Says Plaintiff
Following the theft of multiple NFTs, OpenSea has asked a user to perjure themselves as a precondition for unlocking their account. This move sets a worrying precedent for users of the world’s biggest NFT marketplace. […]
