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Category: Crypto Trends

Retail is here: The virtuous cycle of social engagement with crypto

January 22, 2021 coinmakerCrypto Trends

The recent Bitcoin rally is driving crowds of new retail investors to crypto markets, and the Main Street itself deserves the credit. One of the tropes that observers commonly invoke to explain the forces behind the crypto markets’ surge at…

Bitcoin price bounces above $32K as MicroStrategy ‘buys the dip’ with $10M

January 22, 2021 coinmakerCrypto Trends

A further commitment to its treasury sees MicroStrategy join Grayscale as this week’s big buyer while others keep selling. Bitcoin (BTC) showed signs of a resurgence on Jan. 22 after a trip below $30,000 produced fresh buyer support. BTC price…

Crypto and blockchain: What the Brazilian market can expect for 2021

January 22, 2021 coinmakerCrypto Trends

Cointelegraph Brasil invited some of the country’s top crypto and blockchain experts to chart the next steps for the market. 2020 will be remembered as one of the most difficult years for contemporary societies: Countries and entire populations have faced…

Bitcoin miners facing chip shortage amid skyrocketing demand

January 22, 2021 coinmakerCrypto Trends

Bitcoin miners are scrambling to acquire more mining rigs as the global semiconductor shortage worsens. A chip shortage is significantly affecting the Bitcoin mining hardware distribution chain, according to Reuters on Jan. 22,  Indeed, Bitmain — one of the major Bitcoin…

Alleged ‘ghost’ Bitcoin mining firm traded on Nasdaq faces class action lawsuit

January 22, 2021 coinmakerCrypto Trends

Investors are suing a Bitcoin mining company for allegedly fabricating the existence of BTC mining farms in China, and reportedly misleading the public. Bit Digital (BTBT), a Bitcoin mining company traded on the NASDAQ stock exchange, is the subject of…

3 reasons Bitcoin tumbled below $30,000 in a surprise overnight correction

January 22, 2021 coinmakerCrypto Trends

Bitcoin’s fall from from $37,000 to below $30,000 within 48 hours saw the biggest daily red candle ever. The price of Bitcoin (BTC) is continuing to reject the $35,000 resistance level, falling below $30,000 briefly overnight on Jan. 22. BTC has…

VanEck files with SEC for ETF that tracks crypto companies’ performance

January 22, 2021 coinmakerCrypto Trends

VanEck has filed with the SEC to launch the Digital Assets ETF related to the performance of top cryptocurrency companies. VanEck, a major American investment management firm, is making another attempt to launch a digital asset-related exchange-traded fund, or ETF.…

DSD bear sells 5.5M tokens to ‘whale coalition’ with $83M in coupons set to expire

January 22, 2021 coinmakerCrypto Trends

Dynamic Set Dollar (DSD) coupon holders with $83 million have bought out the largest bear on the project. A coalition of DSD whales has bought out the biggest bear entity on the project allegedly responsible for consistently keeping the token…

Russian opposition leader Navalny immortalized in NFT artwork

January 22, 2021 coinmakerCrypto Trends

The animation is inspired by the politician’s recent arrest and “Putin’s Palace” documentary on alleged corruption. Russian political opposition leader Alexey Navalny is the latest subject to be tackled by the burgeoning non-fungible token art world. An animation inspired by…

Bitcoin’s biggest mining pool may be behind the BTC price drop, but buyers stepped in

January 22, 2021 coinmakerCrypto Trends

This week’s volatility may come down to a tug-of-war between F2Pool selling and Grayscale buying. Bitcoin (BTC) fell to lows of $28,950 on Jan. 22 thanks to miners likely selling huge amounts of their holdings — but big buyers made…

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Bitcoin News
January 22, 2021

Privacy-Centric Cryptocurrency Firo Suffers 51% Attack on Its Network

The proof-of-work (PoW) cryptocurrency Firo announced that its protocol came under a…

Bitcoin News
January 22, 2021

Vaneck Files for Crypto ETF That Gives Investors Exposure to Equity in Digital Asset Companies

The exchange-traded fund provider, Vaneck has filed for a Digital Asset ETF,…

Bitcoin News
January 22, 2021

Bitcoin Near ‘Extreme Bubble’ but Tesla More Vulnerable: Deutsche Bank Survey

Deutsche Bank has conducted a survey about financial bubbles. Eighty-nine percent of…

Bitcoin News
January 22, 2021

Buying the Dip: Multibillion-Dollar Microstrategy Invests $10 Million More in Bitcoin

Nasdaq-listed multibillion-dollar company Microstrategy has purchased more bitcoins. With the latest buy…

Bitcoin News
January 22, 2021

Crypto Economy Shaves $100 Billion, Digital Asset Markets Recover Some Losses

Digital currency markets have dropped in value during the last two days…

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