Monthly Archives: January 2022

The cryptocurrency market is in a state of confusion on Jan. 31 as many traders view Bitcoin's (BTC) weakness as a sign that a crypto winter is beginning, yet increasing news of adoption and multi-million-dollar financing rounds continue to make headlines on a regular basis. As Bitcoin trades at $38,500, analysts are highlighting the current price action as…

Restricting the number of spectators at the major international sporting event will "likely further delay the mass adoption of the digital currency," according to the Foundation for Defense of Democracies' Craig Singleton. 260 Total views 6 Total shares Though athletes and support staff arriving for the Beijing 2022 Olympics still have the option of using…

In addition to environmental metrics, the U.S. now accounts for 49% of the world's Bitcoin cash rate. 1288 Total views 57 Total shares In a new report published by CoinShares on Monday, the firm estimated that the Bitcoin (BTC) mining network emitted 42 megatons, or Mt, (1Mt = 1 million tons) of carbon dioxide, or…

The Cryptocurrency and Regulation of Official Digital Currency Bill does not appear as one of the 15 bills the government body will consider during its next session. 590 Total views 14 Total shares The latest bulletin covering the agenda for India's lower house of parliament includes “a lecture on understanding cryptocurrency” and its economic impact.According…

Despite extreme fear in the market, institutional investors appear to be re-accumulating Bitcoin using dedicated funds. 1649 Total views 25 Total shares After recording heavy outflows at the start of 2022, cryptocurrency investment funds have seen a gradual uptick in investor demand over the past two weeks, offering cautious optimism that the worst of the…

The past couple of months have not been kind to cryptocurrencies. The sector's aggregate market capitalization plunged 50% from a Nov. 10 peak at $2.87 trillion to the current $1.44 trillion. Solana's (SOL) downfall has been even more brutal, presently trading at $88 after a 66% correction since its $260 all-time-high.Pinning the underperformance exclusively to…

Nonfungible token (NFT) projects seem to have been diverted from what was once traditional minting to requiring potential buyers to join whitelists to access the pre-sale before the collection goes public. This means investors keen on obtaining a sharper edge aim to get on as many whitelists as possible to increase their potential return-on-investment when the…

The ETN will contain exposure to seven different major cryptocurrencies. 1633 Total views 40 Total shares On Monday, VanEck, a financial institution with close to $82 billion in assets under management with exchange-traded funds, or ETFs, mutual funds and institutional accounts, announced the launch of its first cryptocurrency fund. The fund is listed as an…