OpenSea trading volume set for record month despite crypto market retreat
The top NFT marketplace in the world is set to break its own record for trading volume as it is on pace to exceed $6 billion by the end of…
New NFT marketplace LooksRare allows traders to earn rewards
As NFT trading activity remains high in volume, a new wave of NFT trading platforms have begun to crop up in 2022. LooksRare, a recently launched nonfungible token, or NFT,…
Bitcoin dip below $40K follows Fed signal of a possible fourth rate hike in 2022
BTC’s abrupt drop to $39,650 came after the Federal Reserve floated the prospect of a fourth rate hike in 2022. Global financial markets, stocks and cryptocurrencies took a knock on…
Binance sponsors AFCON to further develop crypto adoption in Africa
Binance partners with the Confederation of African Football to sponsor the TotalEnergies African Cup of Nations tournaments. Monday marked the start of the TotalEnergies Africa Cup of Nations tournament —…
Bitcoin price bounces to $41.5K, but derivatives data shows traders lack confidence
Key BTC trading metrics are sitting on the edge of the “worst outcome” scenario, suggesting that the current sell-off is far from over. Bitcoin (BTC) briefly reached its lowest level…
3x NBA champion Andre Iguodala becomes the latest athlete to receive salary in crypto
Iguodala said he will also be giving out $1 million worth of BTC to fans to increase the cryptocurrency’s adoption. On Monday afternoon, Andre Iguodala, three-time NBA champion and the…
Australia’s largest crypto exchange will sponsor tennis star Ajla Tomljanovic
Users from the crypto exchange will have the chance to win tickets to two tournaments and a meeting with Ajla Tomljanovic using a nonfungible token showing proof of attendance. BTC…
Bitfarms Buys the Dip: 1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High
Global bitcoin mining company Bitfarms has bought the dip and added 1,000 bitcoins to its balance sheet while the prices of mining hardware remain high. The company’s corporate treasury now…
Direct Fiat On-Ramps Come to Algorand (ALGO) via Alchemy Pay (ACH)
PRESS RELEASE. Singapore, 10 January, 2022: Algorand (ALGO), the layer-1 blockchain for decentralized and traditional finance, has added direct fiat payment channels into their network, thanks to a new integration…
Arbitrum Network Stalled Due to Sequencer Downtime
The Arbitrum network, an Ethereum L2 (Layer 2) rollup, experienced some difficulties that caused a complete stop in the production of blocks and the confirmation of transactions. According to reports…
Bitcoin’s Hashrate Slides 15% in 10 Days, Price and Difficulty Puts Pressure on BTC Miners
The price of bitcoin has been on a long losing streak since November 10, 2021, when the leading crypto asset tapped an all-time high at $69K per unit. During the…
Single inactive volcano has 90% chance of powering El Salvador’s Bitcoin City, according to president
According to Nayib Bukele, should the power consumption of the country’s planned Bitcoin City exceed the volcano’s capacity, geothermal energy can be sourced from other sites. El Salvador President Nayib…
Price analysis 1/10: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE
Buyers stepped in to buy BTC’s dip to $39,650, but there are signs that the market-wide correction might not be over. Bitcoin (BTC) dipped below the $40,000 level on Jan.…
These 3 cryptocurrencies are taking an even bigger hit during Bitcoin’s price slump
Bitcoin’s drop in the first ten days of 2022 is still less disappointing than some of its top crypto rivals that have fallen much harder. The cost to purchase one…
Bitcoin drops below $40K for first time in 3 months as fear set to ‘accelerate’
Volatility comes right on cue as the loss of $40,000 sparks a tussle with swings of $1,000 up and down. Bitcoin (BTC) fell below the landmark $40,000 mark for the…