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Crypto News

Survey Shows That 69% Of Retail Investors Are Unconcerned About The 2022 Crypto Winter

Despite enduring the greatest bear market in crypto history, the majority of retail investors are still very interested in investing in digital assets. In a recent study, 69% of retail investors said they were either happy or had mixed sentiments about the effects of the protracted market decline that occurred last year. About 31% of the remaining respondents said they were hesitant to make investments in the sector following the catastrophe.

CryptoPotato - 1315 ngày trước

In 2023, The Binance Charity Will Offer Approximately 30,000 Web3 Scholarships

In 2023, Binance Charity, the company's charitable arm, plans to provide 30,000+ scholarships to students eager to launch a Web3 career. With the help of the Binance Charity Scholar Program (BCSP), tech-savvy students will be able to advance their study without having to jump over unnecessary financial hurdles. According to the site, over 82,000 candidates expressed interest in joining the upcoming BCSP cohort.

cointelegraph - 1315 ngày trước

Top Whales Overnight Grab 2.5 Trillion Shiba Inu (SHIB)

Shiba Inu, the second-most popular meme currency in terms of market capitalization, had a rise in its USD value of $578,489,756 to $624,917,962 during the course of the previous day, according to WhaleStats. This implies that their total stockpile of Shiba Inu has grown by 2,534,750,613,246 tokens. As a result, the meme coin is still the third-largest holding, behind Ethereum and the USDT stablecoin.

U.Today - 1316 ngày trước

Lawmakers In Mississippi And Missouri Present Bill To Protect The Rights To Bitcoin Mining

Mississippi and Missouri state legislators have submitted bills that aim to formally safeguard the rights of their constituents to operate Bitcoin nodes and mine BTC. The respective state's Houses and Senates have received bills, with Senator Josh Harkins (R) and Representative Jody Steverson (R) in Mississippi spearheading the effort. The Missouri Representative Phil Christofanelli (R) filed the relevant bill to the House. The Satoshi Action Fund's language is used in both states' legislation.

Bitcoin Magazine - Bitcoin News, Articles and Expert Insights - 1316 ngày trước

CFTC's Global Markets Advisory Committee Welcomes Stellar As One Of Four Crypto Organizations

The Stellar Development Foundation (SDF) has joined the Global Markets Advisory Committee (GMAC) of the United States Commodity Futures Trading Commission (CFTC). The Stellar blockchain, which is used for crypto-fiat transfers, is supported by SDF. Chief Operating Officer Jason Chlipala will represent the foundation on the committee, confirming that they intend to convey the unique perspective of Layer 1 protocols.

cointelegraph - 1316 ngày trước

Sri Lanka Will Host The Global Launch Of The First Cardano-based Electric Vehicle Project

Electric vehicle (EV) producers are becoming more interested in the blockchain and cryptocurrency industries as they grow despite collapsing markets, and one of them has announced the debut of its EV project built on the Cardano (ADA) network, due to start in Sri Lanka. On the second day of the World Economic Forum (WEF) taking place in Davos, Switzerland, the deployment of eTukTuk in Sri Lanka, the first-ever automobile project built on Cardano, was announced.

Finbold - 1316 ngày trước

Crypto Will Play Significant Part In UAE Commerce, According To The Foreign Trade Minister

According to Thani Al-Zeyoudi, the UAE's minister of state for foreign trade, cryptocurrencies will go on to play a "significant role" in the worldwide trade of the United Arab Emirates. Al-Zeyoudi presented a number of updates on the UAE's trade partnerships and policies going into 2023 in an interview with Bloomberg on January 20 in Davos, Switzerland, where world leaders are presently assembled for the 2023 World Economic Forum.

cointelegraph - 1317 ngày trước

Whales Transact Over $363,000,000 In Bitcoin (BTC) and Ripple (XRP)

After Bitcoin reclaimed the $21,000 milestone, whales are suddenly transferring more than $363 million in both BTC and XRP. Whale Alert claims that whales are moving a total of 11,611 BTC worth $240,675,134 in three distinct transactions. Big transactions of the payment token XRP are the next thing on the radar. A total of 332,194,839 XRP worth about $129,501,410 is being transferred through three different transactions.

The Daily Hodl - 1317 ngày trước

Miami's Mayor Claims That His Salary Improved Since He Started Earning Bitcoin

Francis Suarez, the mayor of Miami, disclosed that despite the protracted bear market, he continues to get his pay in Bitcoin, calling the decision a "excellent investment." Suarez stated that his salary has grown since the change, and the increase resulted from profiting from price swings, making it clear that the wage increase is not the result of trade, but because BTC and blockchain are still in its infancy and patience should be exercised.

Finbold - 1317 ngày trước

Women Now Hold The Second-most Amount Of Cryptocurrency

A recent survey indicated that although traditional asset classes struggle to encourage greater adoption among women, cryptocurrencies appear to be more successful in doing so. Cryptocurrency is now the second most popular asset class for women to own, behind only cash, according to data from the eToro team. This information is from the most recent Retail Investor Beat report from eToro, which surveyed almost 10,000 global retail investors across 13 nations.

cointelegraph - 1317 ngày trước

Crypto News

Bitcoin Open Interest Surges by $1.8 Billion as Price Breaks $27,000

Bitcoin's Open Interest has surged by $1.8 billion as its price broke the $27,000 mark, indicating a strong influx of investor interest. Open Interest tracks the total value of Bitcoin futures contracts open on derivative exchanges, with rising figures signifying increased market activity and potential volatility. The recent jump from $11.04 billion to $12.81 billion suggests heightened trading and leveraged positions. The future direction of Bitcoin's price remains uncertain, with the surge potentially fueled by shorts covering positions or longs hoping for further gains. The funding rate suggests a balanced mix of long and short positions.

newsbtc - 1076 ngày trước

Bitcoin Poised for Parabolic Rise with Institutional Capital Inflow, Says Morgan Creek Capital Founder

Morgan Creek Capital founder Mark Yusko predicts a bright future for Bitcoin (BTC) as institutional capital worth hundreds of billions is expected to enter the market. Yusko points to Bitcoin's historical trend of adding a zero to its price following each halving event, with the next one slated for April 2024. He anticipates a 1.5x increase from the current all-time high, potentially reaching $100,000. Additionally, Yusko believes Bitcoin exchange-traded funds (ETFs) will be approved by late 2023 or early 2024, leading to a substantial influx of capital into the cryptocurrency.

The Daily Hodl - 1076 ngày trước

Citigroup Leads the Way with Permissioned Blockchain for Institutions

Citigroup has unveiled Citi Token Services, a permissioned blockchain platform designed for institutional clients, offering access to tokenized deposits, cross-border payments, and automated trade finance around the clock. This move aligns with Citigroup's goal of creating a 24-7, on-chain, programmable financial system. The partnership with Maersk enables instant payments through smart contracts, benefiting companies with numerous vendors. Citi Token Services also aids corporate treasurers in managing global liquidity more efficiently. Meanwhile, JPMorgan is reportedly still in the early stages of exploring a similar private blockchain service, lagging behind Citigroup's innovation.

Blockworks - 1076 ngày trước

Bitcoin Dominance Soars Above 50%, Emerging as the Crypto Safe Haven

Bitcoin is making a strong comeback, currently priced at $26,684 and holding over 50% of the total cryptocurrency market, boasting a market cap of approximately $520 billion. This milestone is significant as it contrasts with the stagnation or decline of many alternative cryptocurrencies (altcoins). Ethereum, the closest rival, sits at $1,632.09, with other altcoins showing modest gains or losses. Bitcoin's resurgence aligns with historical trends, often thriving during bear markets, cementing its status as a digital "safe haven." Despite gains, it remains below its peak dominance levels, but its return to prominence is noteworthy.

U.Today - 1076 ngày trước

Animoca Game Studio Pioneers Bitcoin-Backed Metaverse Token, Ushering in Bitcoin's Next Phase

Animoca Brands subsidiary Darewise Entertainment is set to introduce the first-ever metaverse token on the Bitcoin blockchain. The token is aimed at powering a comprehensive ecosystem for gaming, brands, and real-world experiences. This move represents a significant expansion of Bitcoin's capabilities beyond a store of value. The metaverse token will facilitate in-game assets and virtual lands for the Life Beyond metaverse project, marking a new era for Bitcoin. Darewise Entertainment is partnering with Horizen Labs to develop and expand the Ordinals ecosystem on Bitcoin, with more innovations expected in the coming months.

Bitcoin News - 1077 ngày trước