501
Views
0 CommentsPrices of Bitcoin and other cryptocurrencies are continuing their slide over the last two days, along with the stock market, as market analysts expect that the US Federal Reserve will raise interest rates soon to fight inflation. Bitcoin has slumped over 17% since December 27. Bitcoin continues its slide Thursday after hawkish commentary from…
Nearly $41 billion worth of cryptocurrency was sent to NFT marketplaces and collections from the beginning of 2021 through mid-December, according to a new estimate from blockchain analytics firm Chainalysis. NFTs are now inching closer and closer in value to the traditional art market. By the end of 2021, the marketplace for non-fungible tokens…
Internet blackouts brought in by the Kazakh authorities to help address Kazakhstan’s spreading unrest dealt a severe blow to Bitcoin cryptocurrency mining activity. The overall BTC hashrate fell 13.4% from roughly 205,000 petahash per second to 177,330 petahash per second. In addition, the Bitcoin price dropped 9% following the Kazakhstan blackouts, dropping to a swing…
American regulators’ attitude to cryptocurrencies seems to swing back-and-forth like a pendulum. One minute they wish (and act) to ban everything crypto-related as competition to fiat money, the second – they “let go of the reins”. The current swing is towards strengthening government control. The latest US infrastructure bill introduces the broadest possible characterization…
CoinMENA, the digital assets exchange focused on the MENA region, announced the live integration of Chainlink Price Feeds – decentralized data feeds of asset prices on various cryptocurrencies, FX rates, and traditional assets. CoinMENA is referencing Chainlink Price Feeds during all fiat-to-crypto transactions on the exchange. According to a press release, CoinMENA’s integration of Chainlink…
Recently, some social media posts started to claim that Amazon has begun a “presale” of its own crypto tokens. However, the online retail giant officially called them fake, while an internet security firm Avast said that such messages are part of scams targeted to steal money and harvest personal data. For instance, a Facebook post…
