Category archives: Trending Crypto news

Bitcoin (BTC) fell more than 2% from local highs during Jan. 13 in the latest move to keep market participants guessing about what’s to come for the largest digital asset.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “One step at a time” Data from Cointelegraph Markets Pro and TradingView tracked the pullback for BTC/USD after the …

Continue reading “Bitcoin sells off after $44K resistance tap, eliciting scrutiny from options traders”

Giancarlo has been a vocal supporter of cryptocurrencies and CBDCs and has called for a “do no harm approach” to blockchain regulation. Blockchain investment firm CoinFund has appointed former United States commodities regulator J. Christopher Giancarlo as a strategic adviser — a move that should help the Brooklyn-based company navigate the complex, ever-changing regulatory requirements …

Continue reading “Former CFTC chair Giancarlo joins CoinFund as an adviser”

A popular cryptocurrency analyst is bullish on the Fantom (FTM) blockchain and one blue-chip decentralized finance (DeFi) platform. Starting with FTM, the pseudonymous cryptocurrency analyst Smart Contracter tells his 201,500 Twitter followers that crypto assets in the Fantom ecosystem are rallying. “It’s Fantom season as far as I’m concerned, literally every coin on Fantom is …

Continue reading “Analyst Says Altcoin Season Has Arrived for One Ethereum Competitor, Predicts Dramatic Reversal for Additional DeFi Altcoin”

Terra’s native staking token, LUNA, was one of the best-performing cryptocurrencies of 2021, with gains north of 13,000%. Terra has also surpassed Binance Smart Chain (BSC) in total locked value with $17.62 billion, making it the second-biggest DeFi chain just after Ethereum.  Much of this growth is due to Terra’s ecosystem, with a community of …

Continue reading “Cointelegraph Consulting: A look at Terra’s ecosystem”

Fintech startup Seashell has raised $6 million in seed investments from some of crypto’s biggest venture funds and project founders as it seeks to build out an inflation-resistant finance app — a timely initiative as consumers struggle with the pressures of rising costs.   The investment round was co-led by Khosla Ventures and Kindred Ventures, with …

Continue reading “Crypto heavyweights back inflation-resistant savings protocol”

The House of Lords Economic Affairs Committee — an investigative governing body representing the economic interests of the United Kingdom — has released an official report assessing the pertinence of a government-issued central bank digital currency (CDBC). Titled “Central bank digital currencies: a solution in search of a problem?,” the 52-page publication covers a litany …

Continue reading “UK Economic Affairs Committee unconvinced by prospect of retail CBDC”

Content creators on BroadbandTV Corporation (BBTV) will soon be able to get paid in crypto. BBTV recently announced Pay to Crypto, a payment solution that lets creators get paid in Bitcoin (BTC), Ether (ETH), and USD Stablecoin (USDC).  With the newly-launched solution, creators only need to choose a crypto asset and provide a compatible wallet address, and …

Continue reading “BBTV launches crypto payment solution for media monetization”

Another domino is lined up to fall down the route to Bitcoinization. On Wednesday, the Pacific island nation of Tonga shared a play-by-play approach to adopting Bitcoin (BTC) as legal tender.  In a series of tweets, Lord Fusitu’a, a former member of parliament for Tonga, released an ETA for Bitcoin becoming legal tender in Tonga. Copying El Salvador’s …

Continue reading “Tonga to copy El Salvador bill making Bitcoin legal tender, says former MP”

Bitcoin (BTC) touched $44,000 a second time on Jan. 12 amid increasing divergence of opinion about whether the price bottom is “in.”  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Data from Cointelegraph Markets Pro and TradingView showed the $44,000 mark acting as local resistance Thursday, following forecasts that $46,000 could soon return. Bitcoin stayed broadly higher …

Continue reading “Top or bottom? Traders at odds over whether Bitcoin will keep rising”

The State Bank of Pakistan (SBP) is reportedly seeking to ban all cryptocurrency transactions in Pakistan. Pakistan’s Sindh High Court reportedly held a hearing related to the legal status of cryptocurrencies in the country, in which several Pakistani authorities, including the SBP, submitted a document to the court, arguing that cryptocurrencies like Bitcoin (BTC) are …

Continue reading “Pakistan’s central bank reportedly wants to ban crypto”

PayPal could create a dollar-backed stablecoin in the future, according to the company’s senior VP of cryptocurrency. PayPal could soon launch a stablecoin, according to recent statements from company executives. The news was first reported by Bloomberg on Friday, Jan. 7. In October 2020, PayPal began to allow U.S. users to buy and sell Bitcoin, …

Continue reading “PayPal Could Launch Its Own Stablecoin, Executives Say”