Crypto news

A lot of celebrities and politicians that have gotten into the crypto craze as of late are likely regretting their actions given that bitcoin and several other leading digital assets have experienced heavy price drops. Individuals like Eric Adams, the mayor of New York City; Aaron Rodgers, a quarterback with the Green Bay Packers, and Melania Trump, the first lady of the United States, have all entered the crypto foray in recent weeks, but are now experiencing heavy...

Bitcoin and several leading digital currencies have experienced heavy price drops in recent days. Many analysts now fear that things are going to get a lot worse, and that a crypto winter may potentially be heading our way. Analysts Are Worried About a Crypto Winter On Monday, bitcoin briefly fell below the $33,000 mark, meaning it reached its lowest peak since last July. That was a time when bitcoin was trading below $30,000 – just a few months after hitting a new price...

An anonymous UK resident reportedly parted with nearly $200,000 of his savings after a woman he messaged in a dating app conned him. The man admitted he felt so desperate after the scam that he considered taking his life. ‘In The Blink of an Eye, Everything Was Gone’ According to a recent coverage by BBC, the British citizen, called Tom (which is not his real name), was struggling with a break-up in 2020 and joined a dating application to look for companionship. Shortly...

A couple that was on the verge of foreclosure and monetary collapse said that they made more than $100,000 in just a few hours selling non-fungible tokens (NFTs). How a Couple Was Saved By Their NFTs Thorne Melcher says she lost her job as a software engineer last February. From there, the bills just began piling up and she was having a lot of trouble finding a new job. Her girlfriend, Mandy Musselwhite, was able to sell some of her artwork and make a little money for...

The American financial services firm – Robinhood – announced that its cryptocurrency trading revenue for the fourth quarter of 2021 totaled $48 million. In comparison, this volume equaled $51 million in Q3. Disappointing Crypto Revenue for Robinhood in Q4 2021 has been a highly successful year for Robinhood as the company enjoyed significant financial profits during the pandemic. However, in terms of digital asset trading revenue, it started slowing down its run. According to...

Bitcoin’s recovery attempts continue with the asset aiming to overcome $38,000. Most alternative coins have produced even more significant gains since yesterday. Ethereum is up by 7%, while Solana has jumped by 8%. Bitcoin Eyes $38K Ever since bitcoin failed to breach $39,000 on Wednesday, as the Federal Reserve said it will increase the interest rates in March, the asset was unable to display any notable gains. In fact, it dropped to $35,500 hours after the Fed meeting and...

Google Cloud, Google’s online data storage services division, is increasingly focusing on decentralized technologies and announced the creation of a team to focus on building products on the blockchain. There are already other initiatives currently using blockchain technology to offer cloud storage with Filecoin and Sia at the forefront. Both use a blockchain protocol to connect those who need storage and are willing to pay a share to get it and those who can offer some of...

Der kontaktlose Ausweis zur Bargeldabhebung am Geldautomaten 2005 fingen zahlreiche Länder an, kontaktlose Identitätsdokumente und elektronische Pässe auszustellen. Der ursprünglich dafür vorgesehene Chip verfügte jedoch nicht über die NFC-Technologie („Near Field Communication“). Der Einsatz solcher Dokumente war auf Systeme mit komplexen elektronischen Lesegeräten für Ausweisdokumente beschränkt, die sich in der Praxis als ungeeignet erwiesen und...

According to data from IntoTheBlock, addresses holding BTC for less than a month decreased their supply as bitcoin slid by $10,000 in less than a week. Bitcoin went through one of its worst corrections in terms of its USD value in the past few weeks. The asset traded above $43,500 on January 20th before it dumped by over $10,000 to a six-month low beneath $33,000. During such turbulence, history shows that long-term BTC holders tend to stick to their positions. Some even buy...

The most recent price plummets in the cryptocurrency market have not deterred large investors from accumulating more portions of certain assets. This became evident for Cardano’s native token, as on-chain data revealed that some ADA wallets have more than doubled their holdings in less than two weeks. ADA Appetite Increases With Lower Prices It’s safe to say that the cryptocurrency space went through a steep correction since the middle of January, wiping more than $500...