Nasdaq-listed bitcoin miner Bitfarms said Monday it purchased 1,000 BTC in the first week of January, an amount that increased the company’s bitcoin holdings by about 30%. The company said it now holds 4,300 BTC in its treasury. “Our guiding company strategy at Bitfarms is to accumulate the most Bitcoin for the lowest cost and in the fastest amount of…
The cost to purchase one Bitcoin (BTC) has dropped almost 10% in the last seven days and has been eyeing extended declines as it drops below $40,000, its interim psychological support, on Jan. 10. BTC/USD weekly price chart. Source: TradingView Nonetheless, the losses suffered by Bitcoin still appear less than that of some of its top crypto rivals’ performances. For…
By all appearances, we are in for a busy year in crypto regulation and policymaking. Source: https://cointelegraph.com/news/law-decoded-looking-ahead-to-2022-jan-3-10
In this week’s show, Cointelegraph resident experts decide which layer-one protocol is more likely to rise above the rest in 2022. Join Cointelegraph host and analyst Benton Yaun alongside market analysts Jordan Finneseth and Sam Bourgi as they pick their favored layer-one protocols for 2022. Will it be Velas ($VLX), which is currently the fastest blockchain when it comes to…
A recently discovered patent shows the American multinational entertainment and media conglomerate, Walt Disney Company, was approved by the United States Patent and Trademark Office (USPTO) for a “virtual-world simulator” patent. The simulator is composed of a “three-dimensional (3D) map of the geometry of the real-world venue.” Disney’s Virtual-World Simulator Patent Follows Bob Chapek’s Discussion About the Disney Metaverse Disney’s…
Investor Bill Miller is bullish on Bitcoin (BTC) despite the cryptocurrency touching multi-month lows below $40,000 in early January 2022. Miller no longer considers himself just a “Bitcoin observer” but rather a real Bitcoin bull, as he said in a WealthTrack interview last Friday. The billionaire investor now holds 50% of his net worth in Bitcoin and related investments in…
In a recent job posting by Jack Dorsey’s Block, they are looking to hire a team dedicated to launching the “next generation” of bitcoin mining ASIC. An ASIC (application-specific integrated circuit) is a microchip that is custom-designed for a particular use, rather than one intended for general-purpose use. In this case, Block is setting out to build an ASIC that…
By L.J. Brock, Chief People Officer We’re often asked a version of this question: “What’s it really like to work at Coinbase?” Our culture doc provides a great overall perspective on working here, but I think it’s important to address this question head-on, too. The bottom line: We work incredibly hard at Coinbase — for most of us, Coinbase is the most intense place…
Bitcoin (BTC) fell below the landmark $40,000 mark for the first time since September 2021 on Jan. 10, heightening a rout that began six weeks ago. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bollinger bands step in Data from Cointelegraph Markets Pro and TradingView showed BTC/USD encountering predictable volatility as bears finally steered the market back into the $30,000 zone. The…
Bitcoin (BTC) has had a difficult start to the new year, and it has now fallen below $40,000 for the first time since August 2021. The world’s largest cryptocurrency by market cap dropped by 4.2% in the last day, briefly touching $39,866.71; it’s since recovered slightly to above the symbolically important $40,000 level. Bitcoin has fallen by a total of…
