Solana looks to move back into top 10 as SOL gains 36% over past week

Solana (SOL) seeks to move back into the top 10 cryptocurrencies after temporarily flipping Polygon market cap on Jan. 14. Sentiment surrounding SOL has swiftly shifted from bearish — in light of developers leaving Solana — to bullish as SOL price rose by more than 36% over the last seven days. The significant price recovery …

Osprey Vies for Control of Grayscale’s Bitcoin Trust; Tron’s Justin Sun Offers to Invest Up to $1B on DCG Assets

Following charges by the U.S. Securities and Exchange Commission against the crypto exchange Gemini and the digital currency lender Genesis, Tron founder Justin Sun told the press that he may be able to purchase assets from Genesis, up to $1 billion, “depending on their evaluation of the situation.” Additionally, the crypto investment manager Osprey has …

Biggest Movers: SHIB Hits 6-Week High, Whilst SOL Extends Recent Gains

Solana surged by as much as 30% on Saturday, setting a fresh multi-month high in the process. The move comes as cryptocurrency markets were significantly bullish to start the weekend, with the global market cap 8.28% higher as of writing. Shiba inu was trading at its strongest point since November. Solana (SOL) Solana (SOL) was …

Bitmex Co-Founder Criticizes Former FTX CEO for Not Liquidating Hedge Fund Alameda

The Bitmex co-founder, Arthur Hayes, criticized Sam Bankman-Fried, the disgraced FTX co-founder, on Friday after Bankman-Fried published his first blog post on his new Substack newsletter. “All this talk about what Alameda did is misdirection,” Hayes insisted. “It doesn’t matter how they hedged or didn’t hedge, or what dogsh** was in their portfolio.” Bitmex Co-Founder …

Bitcoin, Ethereum Technical Analysis: BTC Above $21,000 as ETH Hits Fresh 2-month High

Bitcoin surged to a fresh two-month high on Jan. 14, as crypto markets were significantly higher on Saturday. The world’s largest cryptocurrency jumped above $21,000, as prices rallied for a sixth straight day. Ethereum traded above $1,500 to start the weekend, also hitting its strongest point since November. Bitcoin Bitcoin (BTC) rose for a sixth …

Top Crypto Analyst Says Bitcoin Mirroring 2019 Pattern That Preceded Massive 240% Rally – Here Are His Targets

A popular crypto strategist says that the current Bitcoin (BTC) rally is mirroring a pattern that preceded the king crypto’s massive eruption in 2019. Pseudonymous analyst Smart Contracter tells his 218,100 Twitter followers that Bitcoin is likely to dominate the crypto markets in a repeat performance of its 2019 burst. “BTC finally broke its $18,400 …

Dogecoin Is 261% More Profitable Than Bitcoin in One Key Aspect: Crypto Analytics Platform

According to crypto analytics platform CoinWarz, meme token Dogecoin (DOGE) is vastly more profitable to mine than Bitcoin (BTC). Per the analytics platform, the electricity costs are slightly less to mine BTC than DOGE, but the profit margin for mining DOGE is signifcantly higher than mining BTC. At time of writing, the electricity costs to …

Under-the-Radar Mobile Banking Crypto Project Surges Over 183% This Week Amid New Token Strategy

A mobile banking altcoin project has skyrocketed in the past seven days amid the rollout of a new token strategy and ahead of an upcoming update. MinePlex (PLEX) peaked at $0.309 this week from a low of $0.109 on January 8th, marking gains of over 183% in just seven days. The 267th-ranked crypto asset by …

Gemini and Genesis’ legal troubles stand to shake up industry further

With investor confidence seemingly at an all-time low thanks to the recent slew of insolvencies, a new saga seems to be now unfolding in real time. This one involves crypto exchange Gemini’s Winklevoss twins and Barry Silbert, CEO of Digital Currency Group (DCG) — the parent firm behind crypto market maker and lender Genesis. On …

App-specific blockchains remain a promising solution for scalability

App-specific blockchains, or appchains, are specifically designed to support the creation and deployment of decentralized applications (DApps). In an appchain, each app runs on its separate blockchain, linked to the main chain. This allows for greater scalability and flexibility, as each app can be customized and optimized for its specific use case. Appchains are also …

Can Canada stay a crypto mining hub after Manitoba’s moratorium?

Canada has remained a peculiar regulatory alternative to the neighboring United States in regard to cryptocurrency. While its licensing process has become more stringent than in some countries, Canada was the first to approve direct crypto exchange-traded funds. State pension funds have invested in digital assets, and crypto mining firms have moved to the country …

Stablecoins Could Be the Future of E-Commerce Digital Payments

For nearly a decade, eCommerce and payment companies have revolutionized how people can shop conveniently without spending hours in stores. This process has become even more streamlined over time and now hits home with 263 million Americans like me who prefer the online shopping experience. Beyond that, recent innovations enable us to go further than …

Logan Paul reveals refund plan for dissatisfied CryptoZoo NFT investors

Paul also apologized to Coffeezilla, who criticized the project last month. 2 min read Updated: January 14, 2023 at 10:31 am Cover art/illustration via CryptoSlate YouTube influencer Logan Paul will create a refund plan for his troubled CryptoZoo NFT project, as announced in a Twitter video on Jan. 13. CryptoZoo will redeem user tokens In …

DMCC Crypto Centre Surpasses 500 member companies in 2022

The presence of over 500 blockchain and Web3 firms inside the Dubai Multi Commodities Centre (DMCC)’s Crypto Centre shows that demand for space is still very high, a statement has said. According to CEO at DMCC Ahmed Bin Sulayem, the “record-high” number of overall new company registrations indicates the extent of investors’ “confidence in the …

El Salvador Approves Digital Assets Issuance Law

The Legislative Assembly of El Salvador approved the Digital Assets Issuance Law, a framework that will allow the country to issue crypto-related debt instruments. The approved law, which was passed thanks to the majority that President Nayib Bukele has in Congress, serves as a base for the issuance of the long-expected volcano bonds. El Salvador …

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