Author: BitcoinGuide.com

Breaking: Premier League Signs NFT Deal With This Ethereum-based Game

The Premier League and Sorare, a $4.3 billion fantasy soccer game, have agreed to a multi-year agreement under which the Premier League will license official player cards. According to the exclusive multi-year arrangement, players of the game will be able to buy and use NFTs that the prestigious football league officially licenses.

Crypto Price Today: Bitcoin below $23K; Solana, Ethereum shed up to 7%

The global cryptocurrency market cap was trading lower around $1.04 trillion, falling 3.29% in the last 24 hours. The price of Bitcoin, the world’s largest cryptocurrency, was around $439.77 billion, with a dominance of about 42.32%, a decrease of 0.16% over the day, according to CoinMarketCap.

Cardano Kicks Off ‘Big Week’ as Testnet for Wrapped BTC Goes Live: Details

Tomiwabold Olajide AnetaBTC, a project aiming to deliver on-chain wrapped BTC on Cardano and Ergo, has launched its public testnet. The anetaBTC v1 testnet has launched on Ergo but remains a Bitcoin testnet. The announcement is significant because, according to the AnetaBTC roadmap, Cardano development will begin following the launch of Ergo’s testnet.

China’s Hainan to boost NFT oversight as digital yuan trial ramps

Authorities in the Hainan province in southern China have vowed to increase oversight on the nonfungible token (NFT) space to “promote the healthy development” of the sector and to stomp out fraud and other associated risks.

Bitcoin Suffers Largest Daily Plunge Since November to Sink Below $22.6K as Fed Meeting Looms

Bitcoin dipped below $22,600 at one point Monday to record its biggest single-day percentage loss since early November when the FTX meltdown sent the crypto market reeling. The largest cryptocurrency by market capitalization was recently trading at about $22,720, down more than 4.5% after climbing over $23,900 on Sunday for the first time since mid-August.

Elon Musk is trying to build a Twitter payments system — and crypto may be part of it: report

Twitter is reportedly pushing forward its efforts to introduce payments across the social media platform. In Elon Musk’s vision, the system would use fiat currencies at first, but may add crypto functionality later, the Financial Times reported on Monday.

The 7 Best Long Term Crypto Investments | Invezz

Long-term crypto investments often rely on market cycles to put them on the radar for the wider crypto audience. Bull markets, where values skyrocket, inevitably cycle into bear markets, where values slump significantly. It is during the latter events that the best long term crypto bargains are to be had.

Elon Musk wants Twitter payments system built with crypto in mind

Twitter chief Elon Musk has reportedly instructed his developers to build the platform’s payments system in such a way that crypto functionality can be added in the future. According to a Jan. 30 Financial Times report, two people familiar with Twitter’s plans said that the payments feature will support fiat currencies to start but be built to accommodate cryptocurrencies should the opportunity arise.

Crypto prices today: Bitcoin, Ethereum & Solana dip; meme coins fall

On Tuesday, the global crypto market plunged by 3.50%, with Bitcoin at $22,837.20 and Ethereum at $1,569.48. Crypto prices on 31 January Bitcoin traded at $22,837.20, marked 3.81% fall Dogecoin and Dash were among the top gainers Meme coins witnessed fall By Nidhi Bhardwaj : On 31 January, the prices of top cryptocurrencies traded in the red.

Cryptoverse: Big investors edge back to bitcoin

Jan 31 (Reuters) – Big investors are dipping their toes into crypto waters again after a bumper month for bitcoin. Digital asset investment products, often favored by institutional investors, saw inflows of over $117 million last week, the biggest weekly increase since last July, according to data from asset manager CoinShares.

Cryptoverse: Big investors edge back to bitcoin

By Medha Singh and Lisa Pauline Mattackal (Reuters) – Big investors are dipping their toes into crypto waters again after a bumper month for bitcoin. Digital asset investment products, often favored by institutional investors, saw inflows of over $117 million last week, the biggest weekly increase since last July, according to data from asset manager CoinShares.

Chair Of New House Crypto Panel To Focus On Legal Clarity For Digital Assets

As the new 118th Congress finalizes committee memberships, the Republican-led House of Representatives is already proving to show signs of a fresh approach to the question of how cryptocurrencies will be regulated in the U.S.

Bitcoin Rise in First Month of 2023 Moves Crypto Fear Index From ‘Extreme Fear’ to ‘Greed’

Last month, statistics showed that the Crypto Fear and Greed Index (CFGI) had a score of 25, indicating “extreme fear.” Thirty days later, with a 39% increase in bitcoin prices against the U.S. dollar, the current CFGI score on Jan. 30, 2023, is 61, reflecting “greed.”

‘Ordinary People Had Their Money Stolen’: Sam Bankman-Fried’s Alleged Crimes Have Real Victims

What FTX customers lost may not impoverish them, but they were still cheated. Greg Sanders is doing fine. He’s not a guy who needs sympathy, he told me. He’s in his 30s and college-educated, with a secure corporate job. He has enough money to pay his bills.

Ethereum Reigns Supreme: 55% Of ETH Holdings On Top 2 Platforms

The world of cryptocurrency is constantly evolving, with new players entering the market and established ones consolidating their position. One such player is Ethereum, the second-largest cryptocurrency by market capitalization. Ethereum continues to dominate the exchange landscape, with its 24.9 million holdings concentrated on just five platforms, according to Nansen, a blockchain analytics platform.

https://www.youtube.com/watch%3Fv%3DHBecBzXYefA

Can February see Bitcoin [BTC] do a January? The odds are…

Bitcoin’s MVRV ratio and NUPL have not yet hit a strong accumulation zone The coin’s UTXO may need to break out of its resistance to sustain January’s momentum while U.S interest rates could also affect BTC’s demand Bitcoin’s [BTC] 43% hike in January surely brought rays of hope to investors dampened by 2022’s market display.

https://www.valdostadailytimes.com/ap/business/limit-break-announces-launch-of-limited-time-dragon-free-nft-in-advance-of-its-super/article_3acac65e-ba52-5fc9-b669-5c5938147926.html

Ordinals Launches NFTs on Bitcoin, Unsurprisingly Sparking Controversy – Decrypt

When it comes to digital collectibles, most enthusiasts think of Ethereum, Solana, or Polygon-deservedly, as proof-of-stake blockchains have cornered the NFT marketplace. But digital collectibles using the Bitcoin blockchain have existed since 2014, and several projects have made it their continuing mission to bring NFTs to the first and biggest cryptocurrency.

https://www.coinbase.com/blog/making-web3-exploration-more-secure-with-coinbase-wallet

https://www.newsbtc.com/analysis/btc/bitcoin-price-correction-22k-2

https://www.newsbtc.com/breaking-news-ticker/dogecoin-surges-6-after-elon-musk-unveils-crypto-payment-master-plan

Top 5 countries with the most Bitcoin ATMs

Several countries around the world have opened Bitcoin ATMs that citizens can use to buy, sell and send various cryptocurrencies. However, the distribution of these BTMs is not exactly uniform, with some countries dwarfing others in terms of machine count. Here’s a look at the top 5 countries with the most Bitcoin ATMs today.

Ethereum Price Analysis: Key Uptrend Support Intact At $1,440 | Live Bitcoin News

Ethereum price is consolidating gains above the $1,500 level against the US Dollar. ETH price is now trading below $1,600 and the 55 simple moving average (4-hours). There is a major contacting triangle forming with support near $1,540 on the 4-hours chart (data feed from Coinbase).

Online Blockchain Shares Rise on ‘The Rocky Horror Show’ Themed NFT Plan

By Ian Walker Shares of Online Blockchain PLC rose 17% on Monday after the company said that it is planning to launch a new non-fungible token project based…

Artists Weigh In on the Battle Over NFT Creator Royalties

In June 2021, during my first-ever interview with a prominent non-fungible token (NFT) collector, I learned about a Web3 silver bullet. As a freshly self-employed writer who left a salaried media job to pursue a freelance career, scarcity was on my mind.I wasn’t preoccupied

Crypto Price Today: Bitcoin, Ethereum down over 3%, most other tokens fall

Most cryptocurrencies extended losses on Tuesday. The global crypto market cap stood at $1.04 trillion, with a volume of $56.7 billion in the past 24 hours. Bitcoin | The world’s largest and most popular virtual currency, Bitcoin, fell 3.5 percent to $22,846.2. Its market value stood at $440.2 billion.

Someone Just Sent $135M In Ethereum To An Anonymous Wallet

What happened: $135,852,577 worth of Ethereum ETH/USD was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person’s Ethereum wallet address has been identified as: 0x4ddc211e8daa7193c75ba87f90bccc49743ad69c $135 million worth of Ethereum was sent to an unknown recipient, with Ethereum wallet address: 0x6e1989afef81227c918787a47faecfe456243d97 Why it matters: Cryptocurrency whales that own millions of dollars in Ethereum tend to move markets single-handedly.

Bitcoin price is up, but BTC mining stocks could remain vulnerable throughout 2023

Bitcoin ( BTC) mining stocks usually follow BTC’s price because it directly influences company earnings. These stocks were beaten down heavily in the last quarter of 2022, especially in December. The downturn after FTX’s collapse worsened with the bankruptcy filing of the largest U.S.-based Bitcoin mining company, Core Scientific.

https://www.youtube.com/watch%3Fv%3DkfOpKvQ1qeM

Some top Advantages of Ethereum!

You can earn money from investing in this digital crypto, and if you want to know about the best one, you can invest in Ethereum crypto. If you are willing to know about the best advantages of the Ethereum crypto, then you can use this article for better help.

What Crypto Moves Big BDs, Wealth Firms Are Making After FTX Meltdown | ThinkAdvisor

Here’s what Fidelity, BNY Mellon, BlackRock, J.P. Morgan, State Street, Goldman Sachs and other firms have in the works. Bank of New York Mellon Corp. traces its history back to 1784 and Alexander Hamilton. But even this venerable institution is finding the lure of the crypto world too strong to resist.

Mark Cuban’s Crypto Garbage & Boies v. Brady

“If you made this into a movie, people wouldn’t believe it,” David Boies told me last week, marveling at the collapse of FTX and Sam Bankman-Fried before stepping onto his 184-foot sailboat en route to St. Barths. “It’d be interesting even if you took three zeroes off of what happened.”

Serious Security: The Samba logon bug caused by outdated crypto

Samba, simply put, is a super-useful, mega-popular, open-source reimplementation of the networking protocols used in Microsoft Windows, and its historical importance in internetworking (connecting two different sorts of network together) cannot be underestimated. In the late 1990s, Microsoft networking shed its opaque, proprietary nature and became an open standard known as CIFS, short for common internet file system.

Soccer-Premier League signs NFT deal with SoftBank-backed Sorare

By Elizabeth Howcroft LONDON (Reuters) – The Premier League is partnering with French fantasy sports platform Sorare to sell non-fungible tokens (NFTs), a sign that the sporting world is continuing to embrace digital assets despite the rout in markets.

Intangibles And NFTs: Can Creators Make Beliebers Of Companies?

Creators and Companies may have little in common. But when it comes to IP, Justin Bieber and the S&P 500 may have more in common than meets the eye. Intangible assets may be the next frontier in the tokenization of RWA.

Bitcoin price pares weekend gains as another CME ‘gap’ lurks below $20K

Bitcoin ( BTC) struggled to maintain bullish momentum on Jan. 30 as the countdown to the monthly close kept the market nervous. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD coming off its latest highs at just below $24,000 on the day.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: First signs of an anticipated pullback

Bitcoin price is down 2.5% on the day, but the trend remains bullish. Ethereum price has declined by 5% and could be the first sign of a deeper decline. XRP witnesses a 3.5% downswing and shows room for more sell-offs. The crypto market is witnessing an influx in bearish activity.

Bitcoin, Ether extend gains; Solana leads among top 10

Bitcoin and Ethereum were up in Monday afternoon trading in Asia, while all other top 10 non-stablecoin cryptocurrencies were mixed. Solana led gains at 5.08%. See related article: Weekly Market Wrap: Bitcoin rebounds above $23,000. Can it maintain momentum? Bitcoin gained 1.87% to US$23,653 over 24 hours to 4 p.m.

Bitcoin aims for $25K as institutional demand increases and economic data soothes investor fears

Bitcoin ( BTC) price broke above $22,500 on Jan. 20 and has since been able to defend that level, accumulating 40.5% gains in the month of January. The move accompanied improvements in the stock market, which also rallied after China dropped COVID-19 restrictions after three years of strict pandemic controls.

Bitcoin Prices Continue to Climb

Bitcoin prices have been climbing steadily over the past few months, and show no signs of slowing down. This has led to a lot of speculation about where the prices will go next, and whether or not this is sustainable.

Bitcoin Suisse Chairman Says EU Won’t Ban Crypto, but It May Seek to Contain It

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28. Fran is CoinDesk TV’s writer and reporter. He owns no crypto holdings. Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.

Bitcoin Price Prediction as BTC Blasts Past $23,500 Resistance, Here’s Where BTC is Headed Next

Bitcoin has recently surged past the $23,500 resistance level and is now headed for new highs. With the price of Bitcoin continuing to rise, many investors are wondering where it will go next. In this article, we will explore some of the factors that could affect its price in the near future and make predictions on where it could be headed.

Morgan Creek’s Mark Yusko Says Things Close to Getting Fun for Bitcoin (BTC) – Here’s His Outlook – The Daily Hodl

Morgan Creek founder and CIO Mark Yusko says that Bitcoin ( BTC) could be in the midst of shifting its trend as it gears up for the 2024 halving. In a new Crypto Banter interview, Yusko says Bitcoin may already be in a sideways accumulation phase after managing to recover the $18,000 price level.

TOPAZ-1 Data Support New Frontline Option in Patients With BTC

There are no biomarker-based regimens that are appropriate in the first line yet for patients with BTC. [To] give a sense of the options in all of the different lines of therapies, for over a decade, gemcitabine/cisplatin has been the first-line regimen for patients based on the ABC-02 study [NCT00262769].

Bitcoin NFTs: Love ‘Em or Hate ‘Em, You Can’t Ignore ‘Em

If Ordinals NFTs were to take off, they could create congestion and hefty fees on the Bitcoin blockchain.

Bitcoin claims its yearly high, stays out of Fear zone for 11 days straight

The Crypto Fear and Greed Index has indicated that Bitcoin (BTC) has been out of the Fear zone for 11 consecutive days, the longest stretch since March of last year. The sentiment towards Bitcoin is currently in the Greed zone (a score of 61), which happens to be the highest it has been since November 16, 2021, when the price was around $65,000 during the peak of the bull market.

Bitcoin And Crypto This Week: Here’s What Will Be Important

The Bitcoin price is facing the most important week of the year so far. While BTC managed a slight rally of around 3% over the weekend, this week will have to show whether the rise of the last few weeks was sustainable or whether the Fed will bring out its hammer and make the entire financial market feel its resentment about the premature spike.

Bitcoin barrels toward historic January as crypto market jumps by $280 billion

The largest token is up 39% since the turn of the year, a first-month gain bettered only twice before when crypto was in its infancy. Smaller coins like Solana, Axie Infinity and Decentraland have doubled in value, part of a $280 billion January climb in digital assets overall, CoinGecko figures show.

Crypto Markets Analysis: Bitcoin ‘Whale’ Deposits on Exchanges Surpass Withdrawals

Head of Firmwide Research Hear Alex Thorn share his take on “Bitcoin and Inflation: It’s Complicated” at Consensus 2023. Head of Firmwide Research Hear Alex Thorn share his take on “Bitcoin and Inflation: It’s Complicated” at Consensus 2023. Glenn C Williams Jr, CMT is a Crypto Markets Analyst with an initial background in traditional finance.

Ethereum (ETH) Down 0.05% Monday: What’s Next?

Ethereum ( ETH) has been relatively less volatile when compared to other cryptocurrencies. So far Monday, the Distributed Software Platform has dropped 5.34% to $1555.84. InvestorsObserver is giving Ethereum a 15 Volatility Rank. Find out what this means to you and get the rest of the rankings on Ethereum!

Crypto Exchange Gemini Emphasized FDIC Insurance in Communications With Earn Customers: Report

Join the most important conversation in crypto and web3! Secure your seat today CORRECTION (Jan. 30, 18:26 UTC): An earlier version of this article incorrectly drew the conclusion that Gemini is being investigated by the New York Department of Financial Services specifically for misrepresenting that its EARN accounts were backed by the FDIC.

Ethereum ($ETH) Adds 130,000 Unique Addresses a Day as on-Chain Activity Grows

The Ethereum ($ETH) network has been adding nearly 130,000 new unique addresses per day, at a time in which the on-chain activity for the second-largest cryptocurrency by market capitalization keeps on growing.

Celebrities Who Endorsed Crypto, NFTs Land in Legal Crosshairs After Investor Losses

Madonna sang the praises of nonfungible tokens, or NFTs, depicting cartoon portraits of bored apes. Tampa Bay Buccaneers quarterback Tom Brady appeared in commercials endorsing crypto exchange FTX, which collapsed suddenly in November. And Kim Kardashian gushed about EMAX tokens on Instagram.

Bitcoin slides to support at $22,700 as all eyes turn toward the Fed

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here!

Porsche halts NFT launch, phishing sites fill the void

Porsche cut its minting of a new NFT collection short after a dismal turnout and backlash from the crypto community, allowing threat actors to fill the void by creating phishing sites that steal digital assets from cryptocurrency wallets.

NFT trading card game Sorare adds the world’s most popular soccer league

NFT fantasy sports game Sorare will now include players from all 20 clubs in the Premier League after striking a partnership with the association that is home to well known teams like Manchester United and Arsenal F.C.

Ordinals brings NFTs to BTC, upsetting small blockers once again

A new technique called “Ordinals” is causing a stir in the BTC world. The concept, which allows non-fungible tokens (NFTs) to transact directly on the BTC blockchain, was immediately unpopular with BTC purists who circled wagons to protect their digital gold from non-financial use cases, with some even suggesting NFT transactions be banned.

Artists Weigh In on the Battle Over NFT Creator Royalties

Join the most important conversation in crypto and web3! Secure your seat today In June 2021, during my first-ever interview with a prominent non-fungible token ( NFT) collector, I learned about a Web3 silver bullet. As a freshly self-employed writer who left a salaried media job to pursue a freelance career, scarcity was on my mind.

IN BRIEF: NFT Investments invests USD16.3 million in bitcoin and ether

NFT Investments PLC – Invests in non-fungible tokens – Says it has deployed USD16.3 million into purchasing bitcoin and ether from November 2022 to early January 2023. Adds that the price of bitcoin and ether has increased “significantly” in the last two weeks, and the amount deployed is now worth USD22.2 million, a 37% increase from the carrying value.

Premier League signs NFT deal with SoftBank-backed Sorare

LONDON, Jan 30 (Reuters) – The Premier League is partnering with French fantasy sports platform Sorare to sell non-fungible tokens (NFTs), a sign that the sporting world is continuing to embrace digital assets despite the rout in markets.

Sorare, English Premier League enter multi-year NFT deal

NFT Platform Sorare and the English Premier League have signed a multi-year deal for a license to offer NFTs of league player cards, CNBC reported Jan. 30.

Andy Warhol Art Expert Excluded From Hermès-MetaBirkin NFT Trial

The digital artist behind “MetaBirkin” nonfungible tokens can’t present testimony from an art critic who studies the work of Andy Warhol, Judge Jed S. Rakoff ruled on the first day of a novel trademark trial involving Hermès International SA.

Premier League backs Sorare’s NFT fantasy football game despite crypto crash

The English Premier League has struck a multimillion-pound deal with Sorare, the blockchain-based fantasy sports game, as the world’s most popular football league bets that trading in digital collectibles will survive beyond the current crypto slump. Paris-based Sorare – which is backed by star players including Kylian Mbappé and Lionel Messi – announced a four-year licensing contract with the Premier League on Monday.

https://www.fastcompany.com/90840882/ultimate-guide-for-digital-artists-the-nft-reality-in-the-creator-economy-and-how-to-do-it-right

Ariel Pink Used an Artist’s Image on an Album Cover Without Her Consent. She Responded With a Series of Blistering NFTs | Artnet News

When Jill Miller found a photograph of her face had been used without her consent on an Ariel Pink album cover, she could have addressed the violation in any number of ways. Calling it out online maybe, or even bringing suit. But why do that, she reckoned, when, as an artist, she could respond with an art project?

Sorare and Premier League Triple Down on NFTs With Four-Year Deal

Digital sports gaming company Sorare announced a four-year licensing deal with the Premier League Monday, bringing top-flight English teams’ stars to its online fantasy platform. Based in France, Sorare previously added Bundesliga, La Liga, MLS and Serie A sides to its roster of more than 300 sports organizations.

The Emergence of Chargeback Frauds And Evolving NFT Scams

The market for tokenized digital assets is expanding rapidly, but fraudulent chargebacks pose an increasing risk. The value of an NFT comes from the fact that it may be used to demonstrate possession of an intangible asset, such as a digitalized piece of art or, perhaps, an exciting moment from a sporting event that took place fifty years ago.

The Year in NFTs – 2022 Popular Reads on JD Supra | JD Supra

A recap of some of the most widely read NFT-related publications on JD Supra throughout 2022. A mere token…

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EthBoy NFT Painting Continues to Evolve With Fourth Edition

EthBoy, the non-fungible token ( NFT) painting of Vitalik Buterin in a harlequin suit, is minting another edition on Tuesday in celebration of the Ethereum co-founder’s birthday. Trevor Jones, the artist behind the NFT collection, is releasing the fourth edition of the generative artwork done in the style of Pablo Picasso’s “Paul as Harlequin.”

There’s So Much More to NFTs and Web3 Than the FTX Crash | Entrepreneur

Opinions expressed by Entrepreneur contributors are their own. When was the last time you looked at a work of art online and thought, even for a second, about what file type it was? Whether the image you see is a JPEG or GIF rarely matters to anyone except for professionals in the media industry, where file types have different properties, qualities and sizes.

Artists Weigh In on the Battle Over NFT Creator Royalties

In June 2021, during my first-ever interview with a prominent non-fungible token ( NFT) collector, I learned about a Web3 silver bullet. As a freshly self-employed writer who left a salaried media job to pursue a freelance career, scarcity was on my mind.

China to expand its digital yuan trial and increase NFT oversight

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here!

Porsche’s NFT Crash: A Warning On FOMO And Digital Asset Pitfalls | Jing Daily

German luxury sports car marque Porsche’s recent foray into non-fungible tokens (NFT) hit the skids after the assets’ value crashed and consumers lashed the offering, potentially damaging the brand’s reputation, trust and desirability. The case highlights the pitfalls of rushing in to digital tokens, a lesson other brands would be well advised to heed.

Ethereum Name Service- Everything You Need to Know About the Latest Trends & Milestones

2022 was an incredible year for ENS, with record amounts of new users, name registrations and revenue. New trends in web3 brought together communities to rally around different categories of ENS names, and marketplaces evolved to provide support including new categories, analytics capabilities, and tools to improve the user experience.

Polygon (MATIC) and Optimism (OP): Which Technology Is More Beneficial for Ethereum (ETH)?

Sabrina Martins Vieira In recent years, Ethereum (ETH) has established itself as the leading blockchain in the cryptocurrency market due to its ability to facilitate the use of smart contracts. This feature allows for the creation of decentralized applications (dApps), tokens and other applications without the need for intermediaries.

Bitcoin Holds $23K Ahead of Key FOMC Meeting

Bitcoin (BTC) is trading above $23,000 as traders await the upcoming Federal Open Market Committee decision on interest rates. Steve Hanke, professor of applied economics at Johns Hopkins University and former senior economist on President Reagan’s Council of Economic Advisers, discusses the macro headwinds and recession concerns.

Threshold (T) Tops Weekly Crypto Gains With 88% Surge

Threshold (CRYPTO: T) is up 88% in the last seven days, leading the crypto market gains on Monday, recorded at 12 am EST. What Happened: Apex cryptocurrency Bitcoin BTC/USD was up 4.30%. Ethereum ETH/USD gained 0.18% and Dogecoin DOGE/USD was down 1.13% in the last seven days, according to CoinMarketCap.

Elon Musk Wants Twitter Payments System to Accommodate Crypto: FT

Twitter is designing a system to permit payments through the social-media platform, and although billionaire owner Elon Musk wants it “first and foremost” to be for fiat currencies, he wants the ability to add cryptocurrencies later, the Financial Times reported Monday. Dogecoin (DOGE) spiked to its 24-hour high after the news broke.

Can The Federal Reserve Counterattack Stop Crypto Bull Run?

The crypto industry may be facing a major setback as the Federal Reserve (FED) appears to be losing control of the markets. This new status quo could lead to even more hawkish measures impacting the traditional and cryptocurrency markets. A report released on January 29 by Michael J.

New York law bill would let people pay the state in crypto

A state legislator in New York has introduced a law bill that would make it legal for state agencies to accept payment in cryptocurrency for taxes, fines and other “financial obligations.” State Assembly bill A2532 was introduced last week by state Assemblyman Clyde Vanel, who was previously part of a state taskforce to investigate how to regulate and use cryptocurrency in New York.

Why Are Crypto Markets Having Such A Good January?

Cryptocurrency markets are off to a great start this year, experiencing some compelling gains as investors push digital assets higher in spite of industry headwinds. Bitcoin, the world’s largest digital currency by market value, approached $24,000 last night, having climbed roughly 45% thus far in 2023, CoinDesk figures show.

Bad News for Fraudsters as US Boosts Crypto-Crime Toolkit

The U.S. Treasury Department is flexing its cryptocurrency enforcement muscles as industry attention grows. The turbulent crypto sector has historically suffered from the perception that its anonymous and decentralized technical architecture provides a haven for money laundering and other illicit activities around the globe.

Crypto Market Strategist Predicts ‘Bloodbath’ Ahead of Fed Meeting: February 1 in Focus

A “bloodbath” in risk assets, including the crypto market, could become a reality as Wednesday’s important Federal Reserve (Fed) meeting moves closer, one market strategist has warned. According to the strategist, who goes by the Twitter username The Carter, Fed Chair Jerome Powell will come out in a more forceful and hawkish way on Wednesday than the market currently expects.

Crypto security startup Hypernative raises $9M to help prevent web3 cyber attacks

Hypernative, a crypto security-focused startup, has raised $9 million in seed funding as it emerges from stealth

2023’s crypto characters to watch

There’s a power vacuum – or at least a hole in the public imagination – at the top of crypto. Last year, Sam Bankman-Fried made himself the face of crypto in Washington, but now he’s under indictment and his FTX exchange is in tatters, so who will become the face of crypto in 2023?

As crypto cratered, Gemini talked to customers about FDIC insurance

As the cryptocurrency market imploded last year, Gemini Earn customers repeatedly asked the company if their assets were safe. Some of Gemini’s responses, reviewed by Axios, emphasized connections to the Federal Deposit Insurance Corporation. Why it matters: Customers say that led them to believe their accounts were insured by the government agency.

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Elon Musk is considering crypto payments for Twitter

Three months after Elon Musk took over Twitter, the social media platform is laying the groundwork to introduce payment tools, according to a report from the Financial Times. With Twitter reportedly hemorrhaging millions of dollars a day, Musk has been searching for new sources of revenue, with payments offering a potential path forward.

Block.one’s revived $22 mln settlement could be template for crypto class actions

After the rejection last summer of a proposed $27.5 million settlement of tokenholders’ class action securities fraud claims and an aborted takeover of the litigation by a different plaintiffs’ firm, blockchain company Block.one has reached a new $22 million deal with investors – and this one could turn out to provide a template for future crypto class action settlements.

Fed deals double blow to crypto bank – Central Banking

The US Federal Reserve has turned a cold shoulder to Wyoming crypto firm Custodia, rejecting its bids to become a member bank and obtain a master account. In a January 27 statement, the Federal Reserve Board said it had declined Custodia’s application to become a member bank.

Justin Sun says China taxing crypto means legalization is coming

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Justin Sun, founder of the TRON network and recently confirmed ‘leader’ of the Huobi cryptocurrency exchange, said in a twitter thread on Sunday that he believes China will soon loosen restrictions on crypto.

https://thefintechtimes.com/news-views-podcast-episode-100-australias-stablecoin-race-crypto-hack-fintech-talent

C-stores, Bitcoin Depot partner on crypto ATMs

Lux Vending, LLC dba Bitcoin Depot Inc., a U.S.-based bitcoin ATM operator, has signed agreements with convenience store brands with locations spanning across several states, including FastLane, Gas Express, High’s, Majors Management and Stinker Stores, according to a press release….

Crypto Crisis: The Latest on Sam Bankman-Fried, Grayscale and Bitcoin Prices

Here’s our latest coverage of the crisis rattling the cryptocurrency sector, following the collapse of Sam Bankman-Fried’s FTX. For many years, individual investors used the Grayscale Bitcoin Trust as a way to bet on bitcoin in their retirement accounts. Now [they are paying the price](https://ww

Crypto Markets Today: Bitcoin Dips Below $23K Ahead of Fed’s Meeting

Equities closed lower as traders awaited the Federal Reserve’s decision on interest rates Wednesday and studied a flurry of fourth-quarter earnings reports from big techs including Apple and Meta. The tech-heavy Nasdaq Composite closed down 1.9%, while the S&P 500 and the Dow Jones Industrial Average (DJIA) fell 1.3% and 0.7%, respectively.

Bitcoin, Ethereum Technical Analysis: BTC Nears $24,000 Following Weekend Rally

Bitcoin started the week trading near a five-month high, as prices consolidated the weekend’s gains. Prices rose close to $24,000 on Sunday, following a breakout of a key resistance level. Ethereum fell back below $1,600 on Monday, after moving to a one-week high during yesterday’s session.

Macro Guru Raoul Pal Unveils 2023 Bitcoin and Ethereum Forecast, Says Positive Year Ahead – The Daily Hodl

Real Vision CEO Raoul Pal says he believes that 2023 is going to be a positive year for risk assets and cryptocurrencies. In a new interview on the Overpriced JPEGs YouTube channel, the macro guru says he believes Bitcoin ( BTC) and Ethereum ( ETH) will rise in 2023, albeit with some chop and unpredictability due to policy changes from the Federal Reserve.

Why Ethereum Price Is Lagging Behind Bitcoin

Ethereum (ETH) has made headlines for turning deflationary two weeks ago despite underperforming Bitcoin. According to Ultrasound Money, the second-largest cryptocurrency’s net issuance or annualized inflation rate dropped below zero on Jan. 15. This means that the leading smart-contract blockchain is now burning more ETH than what is being minted, which is in contrast to BTC.