Latest Crypto News

Please note: All news is provided by third party websites. When you click a news article, it will take you to the source website.

  • Cointelegraph.com News - 31 January 2023, 9:30 am

    BTC price downside volatility sees $46 million of long Bitcoin positions evaporate in a single day prior to the monthly close. Bitcoin (BTC) swapped bullish gains for chop into Jan. 31 as the end of the month saw nervous price action.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$46 million of longs liquidatedData from Cointelegraph Markets Pro and TradingView tracked a less confident BTC/USD as it briefly wicked to just above $22,500 on Bitstamp overnight.A rebound saw the pair flip $23,000 to short-term resistance, and was still trading below that level at the time of writing. The stakes remained high for traders both long and short with the monthly close just hours away. This was to be followed by interest rate decisions…Read More

  • Bitcoin News - 31 January 2023, 9:30 am

    Ordinals, a new way of using and getting content using Bitcoin, are enabling creators to harness the utility of NFTs (non-fungible tokens) directly from the blockchain, essentially creating native Bitcoin NFTs. This has stirred the pot in some circles, which are now discussing if this is the way in which Bitcoin’s blockchain should be used, […]Read More

  • Cointelegraph.com News - 31 January 2023, 9:16 am

    Sorare seals partnership with the English Premier League to issue Ethereum-based digital player cards for its popular fantasy sports platform. Blockchain-powered fantasy sports firm Sorare has sealed a deal with the English Premier League to mint Ethereum-based digital player cards on its platform.Sorare has driven an interesting use case for Ethereum-based fantasy sports and digital card trading in recent years, offering fans the ability to mint, collect and trade various player cards with other users across a variety of nonfungible token (NFT) marketplaces.Cointelegraph reached out to Sorare to clarify details of their latest deal which brings the Premier League to the fingertips of football fans. While the partnership was officially announced on January 30, a Sorare spokesperson said discussions between…Read More

  • Bitcoin News - 31 January 2023, 6:30 am

    Russian crypto traders have been looking to obtain unrestricted accounts for global exchanges as their access to such platforms is limited. Over the past year, the offering of such accounts on the dark web has increased significantly, cybersecurity experts told the Russian press. Supply of Crypto Exchange Accounts for Russian Users Doubles in a Year […]Read More

  • Cointelegraph.com News - 31 January 2023, 6:08 am

    It was a tough month for crypto employees, with at least 14 firms announcing staff reductions, including Coinbase, Gemini, Digital Currency Group, ConsenSys and Blockchain.com. Crypto companies tightened their purse strings in the first month of 2023, with at least 2,900 crypto staff cut loose across 14 crypto firms in January. The latest firm to reportedly initiate a layoff is the crypto infrastructure provider Prime Trust, which has reportedly reduced its employee count by a third.The reduction would equate to an estimated 100 or so staff cut, as Prime had 312 employees on LinkedIn at the time of writing.Other recent cuts over the last few days include 30 staff from the crypto platform Matrixport being let go, according to a Jan.…Read More

  • Cointelegraph.com News - 31 January 2023, 6:01 am

    BlockFi reportedly wants to get bids in as quickly as possible, to make the most of the current market conditions. Bankrupt crypto lender BlockFi has been granted court approval to sell off its crypto mining equipment as part of ongoing efforts to repay its creditors.A court order filed on Jan. 30 in the United States Bankruptcy Court for the District of New Jersey granted approval for BlockFi to sell the assets, saying doing so was “fair, reasonable and appropriate under the circumstances.”The court acknowledged that the sale of the assets is designed to maximize the recovery and “realizable value” of the company.With the court giving BlockFi the green light, more bids are now expected to roll in for the crypto lender’s crypto…Read More

  • Cointelegraph.com News - 31 January 2023, 5:56 am

    New features aimed at protecting users come amid recent crypto thefts and phishing attacks targeted at well-known crypto executives and influencers. United States-based crypto exchange Coinbase has become the latest crypto wallet provider to roll out transaction previews and blocklists amid a rise in crypto thefts. On Jan. 30, the crypto exchange announced that it had integrated a new suite of safety features to its wallet app to make it easier for users to spot and take action on potential foul play from scammers.Such integrations include a transaction preview feature that gives the user an estimation of how users’ “token and NFT balances will change” during a transaction before the confirm button is hit. The firm has also rolled out token…Read More

  • Cointelegraph.com News - 31 January 2023, 5:48 am

    The Binance Card will let Brazilians make purchases in crypto, with real-time conversion from 14 crypto assets to fiat at the point of sale Credit card giant Mastercard has teamed up with the world’s largest crypto exchange to launch another prepaid crypto card in Latin America.On Jan. 30, Binance announced the launch of the Binance Card in Brazil. The new card is issued by Dock, a payment institution regulated by Banco Central do Brasil, Brazil’s central bank.The new card will allow new and existing Binance users in the country with valid national IDs to make purchases and pay bills with crypto assets. The card is in a beta testing phase and will be “widely available in the coming weeks,” according…Read More

  • Bitcoin News - 31 January 2023, 3:30 am

    The South Korean government will adopt a cryptocurrency tracking system within the first half of this year, the country’s Ministry of Justice reportedly announced. The tracking system will be used to monitor and analyze crypto transactions, particularly to uncover the sources of illegal funds. South Korea to Start Tracking Crypto Transactions in 1H South Korea’s […]Read More

  • Bitcoin News - 31 January 2023, 12:30 am

    A new decentralized exchange (dex) on Arbitrum, called Vest Exchange, was announced this past weekend, and the team that created the project said the platform aims to focus on democratizing perpetual futures. The team behind Vest further detailed that the new Arbitrum dex is backed by firms such as Jane Street, QCP Capital, and Big […]Read More

  • Bitcoin News - 30 January 2023, 9:30 pm

    Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastructure for a payment platform, and Twitter is proceeding with regulatory approvals and registrations. Elon Musk’s Plan for Twitter Payment System Advances, Adding Cryptocurrency Later […]Read More

  • Bitcoin News - 30 January 2023, 6:30 pm

    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.” Crypto Fear Index Jumps to ‘Greed,’ Etoro Market Analyst […]Read More

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