January 2021 | Page 3 of 183 | Last Cryptocurrency News Feed

Blockstream Buys $25 Million Worth of MicroBT Bitcoin Mining Hardware

Popular blockchain company, Blockstream has purchased $25 million worth of MicroBT’s WhatsMiner M30s Bitcoin mining hardware. Blockstream stated in an announcement that it plans to deploy the hardware across its various mining facilities located in the United States and Canada. A Top Secret Mining Facility Furthermore, Blockstream disclosed that it would allocate some of the…

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What Ray Dalio Really Thinks of Bitcoin

LatestOpinionFeaturesVideosMarketsGet the Latest from CoinDeskSign up for our newsletterBy signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policyPlease enter a valid email addressTechBusinessPolicy & RegulationPeopleBitcoinChinaDogecoinRedditRobinhoodStellarStock marketTronXRPgamestopBitcoin 101Blockchain 101Ethereum 101Trading 101All 101 Guides0x (ZRX)CosmosGemini DollarZcashGrinSee allARK InvestVision HillCryptoCompareGDA CapitalFundstratSee allAnthony PomplianoVitalik ButerinJimmy SongJameson LoppSatoshi NakamotoSee…

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DeFi has to be improved by embracing its peer-to-peer aspect

During this first wave of decentralized finance projects and services, users have been more than willing to part with their funds. It is very similar to how decentralized exchanges work, as convenience seems to trump privacy and security in DeFi. Just because some platforms offer a high annual percentage yield does not mean anyone should…

Cointelegraph Feed

How much is too much? Crypto art market brings together deep pockets and big artists

With the nonfungible token market approaching the frothing point, perhaps it’s time to sit back and ask: “What’s happening here?” The $750,000 in proceeds from the recent sale of a single “alien” CypherPunk NFT, after all, could have paid for a reasonably sized house.The crypto world at large is only 12 years old, entering adolescence,…

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Coinbase to Go Public Through a Direct Listing Instead of an IPO

The largest US-based cryptocurrency exchange Coinbase plans to go for a Direct Public Listing (DPO) of its Class A common stock. The firm expects the Form S-1 filed with the US Securities and Exchange Commission to become effective after the Commission completes its review. Coinbase Aims For Direct Public Listing CryptoPotato reported in December that…

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Is the weakness of Bitcoin after the ‘Elon Musk pump’ hinting at a bull trap?

The price of Bitcoin (BTC) is showing overall weakness as it struggles to establish $34,000 as a support level. Overall, BTC appears to be stagnating without signs of a short-term relief rally, leading traders to be cautious.One concerning trend is that the volume of Bitcoin has been stagnating along with its price, apart from the…

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Bitcoin Price Rejected at Key Resistance as Uniswap’s UNI Hits $20 (Market Watch)

Following the highly volatile few days in which BTC displayed $6,000 price moves in both directions, the cryptocurrency has calmed around $34,000. At the same time, XRP and a few more altcoins have exploded in value and reduced BTC’s dominance to 62.5%. Uniswap’s UNI token even hit $20. XRP’s Massive Surge Reclaims #4th Spot The…

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Blockchain is not a panacea, but where needed, it’s the savior

Blockchain technologies and their associated market gained tremendous momentum this past year. The colossal developments and the aggressive funding of ideas across this nascent industry have sparked some serious debate as to the veritable value of blockchain. Before implementing blockchain technology, managers, builders and developers need to ask themselves one question: “why blockchain?”What necessitates a…

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DeFi is the future of banking that humanity deserves

Decentralized finance is a form of finance that does not require traditional intermediaries such as banks, brokerages or exchanges. All of the work that would normally be handled by these institutions is instead performed by technological solutions including smart contracts and blockchain.The legacy banking system and DeFi are markedly different. While traditional finance is slow…

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India Proposes Law To Prohibit All Private Cryptocurrencies

The Government of India seems to have resumed its efforts to ban cryptocurrencies after a lull in a political and legal battle. The latest move by politicians came this week when they revealed a bill that could put any activity related to cryptocurrencies in checkmate. If Cryptocurrencies Are Legal, a Law Can Make Them Illegal…