Bitcoin News Headlines

MATIC executes classic bull trap as it sees major correction after minor recovery

Polygon’s native token MATIC has been steadily losing value since its recent rejection at the $2.42 level of resistance. The $2.12 level of support was seen as an area of significance, but MATIC had dropped below this level in recent days. The day prior to press time, MATIC appeared to break out past this area […] Polygon’s native token MATIC has been steadily losing value since its recent rejection at the $2.42 level of resistance. The $2.12 level of support was seen as an area of significance, but MATIC had dropped below this level in recent days. The day prior to press time, MATIC appeared to break out past this area […]
Published: Fri, 21 Jan 2022 1:30 pm GMT

Unigrid: Addressing the need for distributed and secure service deployment

In recent years, many different Web3 projects have been trying to decentralize the World Wide Web. On the other side of the spectrum, big corporations have been working against this decentralization, growing their data centers, continuously centralizing services and blockchain networks. This continuous centralization has been progressing for years, with no attempts made by politicians […] In recent years, many different Web3 projects have been trying to decentralize the World Wide Web. On the other side of the spectrum, big corporations have been working against this decentralization, growing their data centers, continuously centralizing services and blockchain networks. This continuous centralization has been progressing for years, with no attempts made by politicians […]
Published: Fri, 21 Jan 2022 12:45 pm GMT

Crypto.com says hackers stole more than $30 million in bitcoin and ethereum - CBS News

Cryptocurrency exchange temporarily suspended withdrawals after cybercriminals raided 483 customer accounts.
Published: Fri, 21 Jan 2022 12:37 pm GMT

Fraudsters use royal couple to promote scam, here's all that's going to change in the U.K

The Financial Conduct Authority (FCA)has been raising concerns around crypto advertising for quite some time. Now, Chancellor of the Exchequer Rishi Sunak is planning to tighten crypto advertising rules as new scams surface. A ‘royal’ fraud Recently, fake photos of Duke and Duchess of Sussex were being used to promote crypto schemes. As per reports, […] The Financial Conduct Authority (FCA)has been raising concerns around crypto advertising for quite some time. Now, Chancellor of the Exchequer Rishi Sunak is planning to tighten crypto advertising rules as new scams surface. A ‘royal’ fraud Recently, fake photos of Duke and Duchess of Sussex were being used to promote crypto schemes. As per reports, […]
Published: Fri, 21 Jan 2022 12:30 pm GMT

Spellfire oversubscribed twice, a staggering $3.8M raised

Spellfire Re-Master the Magic, a modern take on classic collectible card games, has completed its private funding round, raising a staggering $3.8 million.  Leading investors DAO Maker and Shima capital, are joined by Genblock, IBC group, Faculty group, IBA, Maven Capital, Autonomy Capital, Terranova ventures, x21 Digital and others who initially funded the project, and […] Spellfire Re-Master the Magic, a modern take on classic collectible card games, has completed its private funding round, raising a staggering $3.8 million.  Leading investors DAO Maker and Shima capital, are joined by Genblock, IBC group, Faculty group, IBA, Maven Capital, Autonomy Capital, Terranova ventures, x21 Digital and others who initially funded the project, and […]
Published: Fri, 21 Jan 2022 11:45 am GMT

Bitcoin, Netflix, Peloton, Coinbase: What to Watch When the Stock Market Opens Today - The Wall Street Journal

Netflix warned of slower subscriber growth; Cryptocurrencies were broadly down.
Published: Fri, 21 Jan 2022 11:42 am GMT
source: www.wsj.com

Thai exchange Bitkub looking for markets without 'clear winner' for crypto expansion

When large crypto exchanges or trading companies make a move towards other regions, it can signal their belief in engaged future users who will boost both crypto adoption and the company’ own performance in these places. To that end, one Thailand-based crypto exchange has its eye on a very specific set of nations. Not so […] Thailand's Bitkub, reported to be the country's largest crypto exchange, is considering other nations in South East Asia to expand...
Published: Fri, 21 Jan 2022 11:30 am GMT

Cardano drops 15% as amid broad selloff, here's where it can find support

Bitcoin dropped below the $40k mark in recent hours. Cardano saw a strong move on the lower timeframes in the past week as it rallied from $1.23 to $1.63 and appeared to break out of a downtrend. However, at the time of writing, the price has dropped and was back beneath the trendline resistance from […] Cardano has lost most of its gains in the past couple of weeks, as its rally from $1.23 to $1.6 has fully retraced and bears were in control.
Published: Fri, 21 Jan 2022 10:30 am GMT

Not Bitcoin or ether, why these crypto tokens should be on your radar this year - Mint

Cryptocurrency ether's rival Solana token is known for its fast processing time and lower fees
Published: Fri, 21 Jan 2022 6:19 am GMT

Bybit joins the NFT marketplace party amid market's renewed boom

The non-fungible token (NFT) sector is going ballistic, and everybody wants a piece of the pie. While far away from its heyday in August last year, when it was carrying out trade of over $1.7 billion each day, the NFT industry is nevertheless booming at the moment. It crossed $500 million in daily sales earlier […] The NFT sector is going ballistic, and everybody wants a piece of the pie. Naturally, crypto firms are scrambling to be a part of this and Bybit is the latest to join the party...
Published: Fri, 21 Jan 2022 4:45 am GMT

Bitcoin Dips Below $40,000 During Broader Asia Market Sell-Off - Coindesk

Ether, Solana, and other L1s also slip during Asia trading day
Published: Fri, 21 Jan 2022 4:11 am GMT

Wait, what? Former Bitcoin bull Raoul Pal only owns one Bitcoin? - Cointelegraph

Real Vision CEO Raoul Pal apparently let it slip that he now only owns a single Bitcoin in a Twitter argument with Validus Power Corp strategist Greg Foss.
Published: Fri, 21 Jan 2022 3:17 am GMT

Indian Government Needs More Time to Finalize Crypto Bill: Report Regulation Bitcoin News - Bitcoin News

Indian government officials reportedly said that India's cryptocurrency bill will require more time because crypto is a complex subject.
Published: Fri, 21 Jan 2022 3:00 am GMT

Bitcoin Slides as Fed Studies Issuing a Cryptocurrency - TheStreet

Central bank says it won't act to create a cryptocurrency without support from Congress and the White House.
Published: Fri, 21 Jan 2022 2:06 am GMT

JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion Altcoins Bitcoin News - Bitcoin News

JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the NFT market.
Published: Fri, 21 Jan 2022 1:03 am GMT

Report: Hackers employ low-tech malwares to target individuals & steal millions

If it were measured as a country, then cyber-crime — which is predicted to inflict damages totaling $6 trillion globally in 2021 — would be the world’s third-largest economy after the U.S. and China. Well, that’s quite an impressive yet unfortunate statistic. Now, different news had circulated in the past describing the highly sophisticated hacks […] If it were measured as a country, then cybercrime — which is predicted to inflict damages totaling $6 trillion globally in 2021...
Published: Fri, 21 Jan 2022 12:30 am GMT

First Mover Asia: Bitcoin, Altcoins Rise and Then Sink - CoinDesk

The largest cryptocurrency by market capitalization plummets below $41,000 after rising earlier in the day.
Published: Thu, 20 Jan 2022 11:33 pm GMT

Survey: Interest in blockchain investment on the rise, but lack of awareness an issue

It’s not just traders who are excited about 2022 and what all this year could mean for crypto development. Apart from them, mainstream stakeholders from the finance and technology sectors are also gearing up for changes as blockchain becomes part of the new normal. A survey by FTI Consulting, Inc. reached out to 150 America-based […] A survey by FTI Consulting, Inc. reached out to 150 US-based decision makers in finance companies to understand their outlook.
Published: Thu, 20 Jan 2022 11:30 pm GMT

Is Russia Trying to Ban Bitcoin? - Coindesk

A new report from the countrys central bank is advocating for a large-scale crypto crackdown.
Published: Thu, 20 Jan 2022 11:04 pm GMT

Mad Money's Jim Cramer Warns About Dogecoin Says DOGE Is a Security, SEC Will Regulate Altcoins Bitcoin News - Bitcoin News

The host of Mad Money, Jim Cramer, has warned about dogecoin (DOGE). He said that the meme cryptocurrency is a security and will be regulated. He also questioned the supply of dogecoin.
Published: Thu, 20 Jan 2022 11:02 pm GMT