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El Salvador Purchases 410 More Bitcoins Amid Market Drop
The country continues to add to its bitcoin holdings and plans to issue a $1 billion, 10-year bitcoin bond this year.
A Possible Russian Crypto Ban and Vitalik’s Synthetic Womb: This Is 2022
Also: NFT IP Theft and how it is affecting its Culture.
SEC Objects to MicroStrategy’s Accounting Adjustment for Its Bitcoin Holdings
The software firm said in a filing it would revise its future reports to reflect the SEC’s concerns.
Ethereum Could Hold Lead as Dominant Smart-Contract Blockchain: Coinbase Analysts
The only real “ETH Killer” might end up being Ethereum 2.0, according to analysts for the U.S. exchange Coinbase.
Market Wrap: Cryptocurrencies Tumble as Global Investors Reduce Risk
Bitcoin (BTC) and other cryptos were in sell-off mode on Friday, posting declines more than 10% over the past 24 hours. Altcoins such as ETH, AVAX and FTM led the way lower as investors reduced risk. ...
Crypto Trader Tantra to Liquidate After 'GBTC Discount' Widens to Record
The Grayscale Bitcoin Trust (GBTC) has been trading at a steep discount to the underlying cryptocurrency since February last year, but a further widening proved to be too much for one trading firm.
Here’s Why Bitcoin Tumbled 11% in 24 Hours
Bitcoin has suffered a dire start to the year and is currently trading around 45% below its all-time high of $68,700.
Who Writes the Story of the Metaverse?
How narratives and memes shape our online future.
Crypto Market Cap Falls Below $2T Amid Selloff
As Bitcoin and Ethereum breach $40,000 and $3,000 support levels, some altcoins are trading 60-80% down from cycle highs.
Bitcoin Sell-Off Deepens Below $40K; Minor Support Nearby
Bitcoin (BTC) is roughly 40% below its all-time high of $69K reached in November 2021. The cryptocurrency is facing significant selling pressure as buyers failed to hold $40K support. Support around $...
Bukele's Bitcoin Is Not What Turkey Needs
El Salvador's President didn't mention bitcoin in his meeting with Erdogan - but it's not a cure for Turkey's monetary woes anyway.
Newly Public Core Scientific Leads Slump in Crypto Mining Stocks
Core Scientific’s shares have fallen about 24% since the miner went public via a SPAC merger on Thursday.
Important Disclosure About CoinDesk and Digital Currency Group
Beginning in 2022, certain CoinDesk editors and reporters will be offered exposure to DCG equity (not stock itself) as part of their compensation packages. Here’s why.
Cardano-Based Decentralized Exchange 'SundaeSwap' Off to Rocky Start
Since the launch users have complained on Twitter, Discord and Telegram that they have not received their tokens after swapping Cardano's ADA tokens for SUNDAE.
Crypto-Exposed Stocks Sink Amid Bitcoin’s Decline, Broader Market Rout
The stock declines comes as the price of bitcoin has fallen almost 11% in the past 24 hours, trading below $40,000 for the first time in months.
Binance Didn't Upgrade Customer Checks, Despite Promises to Regulators: Report
A Reuters investigation found that Binance is not as keen on regulation as it professes.
FTX Readies Visa Debit Card for Users to Spend Crypto Balances
The card is currently unavailable in certain countries – including the U.S.
Crypto News Roundup for Jan. 21, 2022
With bitcoin breaking under $38,000, dragging down the crypto market with it, and a look at what really will matter for the metaverse, CoinDesk’s Markets Daily is back with the latest news roundup.
Media in the Metaverse: NYT’s Kevin Roose on the Future of Crypto
Entering the metaverse as our new “online selves.”
Iris Energy Secures 600MW Connection for Texas Bitcoin Mine
The Texas facility will boost the miners' total hashrate to 15.2 EH/s in 2023.
Is Tornado Cash Complicit in Laundering Crypto? It’s Complicated, Says Former Agent
Obfuscation of the money trail isn’t necessarily money laundering, according to the expert, but it still makes the protocol worthy of being treated with suspicion.
‘Facebook of Russia’ Exec Rogozov Joins Telegram’s Spin-Off Blockchain Project
Andrew Rogozov, a vice president at Russian internet giant VK, is joining the Toncoin project.
‘Google for Blockchains’ The Graph Raises $50M Led by Tiger Global
The Graph is a protocol for indexing and querying structured data from 26 blockchains.
India's Crypto Industry Has Great Expectations From the New Budget
The complicated challenge of regulating cryptocurrencies may mean the industry will not be mentioned in the important budget speech.
The Father of PlayStation Doesn’t Like Metaverse or VR Headsets
PlayStation creator Ken Kutaragi equates the Metaverse to nothing more than an anonymous message board.
Ether, Altcoins Tank With Bitcoin as Decoupling Narrative Goes Up in Smoke
Bitcoin and ether's correlation with the Nasdaq 100 and S&P 500 strengthens further amid Fed rate-hike concerns.
El Salvador Plans to Offer Crypto-Based Loans for SMEs
The government plans to launch a first line of $10 million provided by the Solana-based lending platform Acumen in the first quarter of 2022.
E-Commerce Giant Mercado Libre Invests in Crypto Firms Paxos, 2TM
The company acquired shares of 2TM, the holding company for Mercado Bitcoin crypto exchange, and made a “strategic investment” in Paxos.
Bitcoin Dips Below $40,000 During Broader Asia Market Sell-Off
Ether, Solana, and other L1s also slip during Asia trading day.
Bitcoin Mining Difficulty Sets New All-Time High
The measure of bitcoin mining difficulty will likely continue hitting record highs well into 2022.
Witnesses Debate Crypto Mining's Efficiency in Congressional Hearing on Environment
While some lawmakers grappled with the basics of digital assets, key issues about the definition of energy efficiency and how crypto miners are powered were debated on the floor of the House during Th...
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