2021 marked the twelfth year of bitcoin’s “official” existence, and after last year’s halving the year started and (mostly) continued on a bullish note as many, myself included, expected bitcoin to breach the $100,000 and set crazy new highs. That was not the case, but bitcoin did have a huge year and at times it feels like we’ve become desensitised…
Month: January 2022
Kosovo Bans Bitcoin Mining After Energy Shortage Prompts State of Emergency
In brief Kosovo declared a state of emergency to deal with its energy crisis in December. The government is acting on a committee recommendation to prohibit mining. The Kosovo government today declared a ban on the mining of Bitcoin and other cryptocurrencies. Minister of Economy Artane Rizvanolli warned that law enforcement in the country would begin identifying and cracking down…
NFT Venture Firm Metaversal Raises $50M From CoinFund, DCG, Dapper and More
In brief Metaversal, an NFT investment and co-production firm, has raised a $50 million Series A round. Investors include CoinFund, Foxhaven, Dapper Labs, Franklin Templeton, Rarible, and many others. The NFT market is booming again in recent weeks, and Metaversal—a holding company that invests in and co-produces NFT projects—has just announced new funding to take advantage of the growing interest…
Evedo seeks to bring event planning to the blockchain
Evedo, a platform consisting of business-to-business, or B2B, & business to consumer, or B2C, marketplaces, seeks to provide blockchain solutions for businesses and participants involved in organizing events. In an exclusive ask-me-anything, or AMA, session with Cointelegraph Markets Pro, Stoyan Angelov, founder & CEO of Evedo & Fragmint, discussed the business dynamics and tokenomics of Evedo. Evedo tokenomics | Source:…
Altcoins turn bullish even as Bitcoin price slips below $46K again
The mood across the cryptocurrency is one of growing anticipation as the price of Bitcoin (BTC) continues to trade just below $47,000. The sideways price action has analysts warning that an “explosive volatility period” is rapidly approaching but few have been willing to predict the direction of the breakout. While Bitcoin price compresses, the altcoin market has come alive and…
HRF Gifts 4.25 BTC To Bitcoin Projects
The Human Rights Foundation has announced its latest round of Bitcoin grants, totaling 4.25 BTC gifted to developers, educators, and activists dedicated to improving the Bitcoin ecosystem around the world. The 425 million satoshis will be given to 10 different recipients, each working on a different aspect of Bitcoin, including Lightning, Bitcoin Core, education, translation, and wallet development. A special…
Adidas Originals NFT Compilation Enters Top 50 Collections by Volume, Close to $60M in Sales in 18 Days – Bitcoin News
Less than 20 days ago, the German multinational sneaker and sportswear corporation Adidas launched the company’s Adidas Originals non-fungible token (NFT) collection and since then the NFT compilation has surged into the top 50 NFT collections in terms of sales. Adidas NFT Collection Sees Significant Demand in Less Than 20 Days At the end of November 2021, Adidas revealed it…
Crypto funds attracted $9.3B in inflows in 2021 as institutional adoption grew
Institutional cryptocurrency funds attracted record inflows in 2021, as demand for digital assets such as Bitcoin (BTC) and Ether (ETH) continued to grow during a volatile and often unpredictable bull market. Crypto investment products registered $9.3 billion in inflows during the year, up from $6.8 billion in 2020, according to the latest CoinShares data, which was released on Tuesday. Bitcoin…
Game Industry Will Rapidly Adopt NFTs Despite Backlash: Sandbox COO
In brief The Sandbox COO Sebastien Borget spoke with Decrypt about the rise of NFT-powered crypto games. He also discussed Facebook’s metaverse plans and the potential “risk” of not offering an open, interoperable alternative. Gaming has quickly become a significant sector of the maturing NFT industry. Play-to-earn Ethereum game Axie Infinity has generated $3.8 billion worth of trading volume to…
El Salvador Send Bills Congress Legal Certainty Bitcoin Bond Issuance
In an interview on a local television station today, El Salvador Finance Minister Alejandro Zelaya announced that they will be sending about twenty bills to congress that will provide legal certainty for their Bitcoin Bond issuance, according to Reuters. These twenty bills will “provide a legal structure and legal certainty to everyone who buys the bitcoin bond,” Zelaya stated. After…