The Canadian rapper won big, with one winning wager coming thanks to a fellow Bitcoiner. Source: https://decrypt.co/92893/drake-pockets-381000-from-super-bowl-bitcoin-bets
Category: News
Bitcoin Hashrate Surges Tapping Lifetime High, Foundry Commands Top Mining Pool Rank for 30 Days – Mining Bitcoin News
The processing power backing the Bitcoin network has tapped another all-time high (ATH) in 2022, reaching 246 exahash per second (EH/s) on February 12. After the network reached an ATH on January 15, a month later the hashrate increased by 12.43% — this despite the network’s mining difficulty coasting along at record highs as well. Bitcoin Network’s Hashrate Climbs to…
Will Sarah Bloom Raskin Turn The Fed Against Bitcoin?
Sarah Bloom Raskin. Source. Progressive darling Sarah Bloom Raskin testified in Congress before the Senate Banking Committee earlier this month, in a hearing regarding her confirmation as the country’s top banking supervisor. The vote will take place tomorrow in the U.S. Senate. Highlights of the testimony are detailed below. Raskin is the pick to fill the important vice chair and…
Animoca leads NFT3 raise, Arca launches NFT fund and Alexis Ohanian broadens crypto exposure
Venture capital funding in the cryptocurrency market is showing no signs of slowing, as major investors continue to back promising startups in niche industries spanning the metaverse, nonfungible tokens (NFTs) and GameFi. Cointelegraph’s new series, VC Roundup, provides a rundown of some of the biggest funding stories of the past few weeks. To stay informed on the latest developments from…
Iran aims to develop a central bank digital currency
As payment methods continue to evolve, new innovations are improving financial infrastructures that have been in use for years. Currently, central bank digital currencies (CBDCs) are a topic that has grabbed the attention of many nations worldwide including the Islamic Republic of Iran. The Middle Eastern nation has faced considerable economic and financial hardships due to sanctions imposed on it…
Polygon and Cere network to launch Web3 media platform, DaVinci
The Layer 2 scaling solution Polygon (MATIC) and Cere Network, a Decentralized Data Cloud platform, or DDC, announced the launch of their joint venture Web3 media platform, named DaVinci. Their stated mission is to store NFT-backed assets more securely, and ensure verifiable and truly decentralized data. DaVinci is a direct content monetization platform for NFT-backed experiences that aims to facilitate…
Bitcoin kisses 50-day moving average as trader predicts fresh BTC price volatility
Bitcoin (BTC) filled the CME futures gap in advance prior to the Wall Street open on Feb. 14, reaching $42,870. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: Volatility gone, but not for long Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining swiftly Monday, with the start of U.S. trading keeping the pair around $42,500. Sunday’s weekly close had…
BTC, ETH Prices Volatile Following Super Bowl – Market Updates Bitcoin News
Cryptocurrencies were initially in the red to start the week, despite several crypto firms securing lucrative Super Bowl ad slots. Over 100 million viewers watched the “crypto bowl” advertisements, however bitcoin prices started lower on Monday. Bitcoin BTC/USD is lower for a fifth consecutive session to start the week, as markets gave up all of last week’s gains. BTC/USD fell…
Crypto innovators of color restricted by the rules aimed to protect them – Cointelegraph Magazine
Historically, Black and Brown communities have had restricted access to opportunities for generational-wealth building. Crypto offers a chance to redress that balance… but an opaque mess of laws and regulations around crypto services and a prohibition on certain wealth-generation opportunities are standing in the way of that happening. Controversial language in the United States’ recently enacted infrastructure bill may have…
Bitcoin bull trap? 3 indicators that predict BTC price falling to $24K-27K this year
Bitcoin (BTC) looks ready to fall below $30,000 in the coming months, per a confluence of historically accurate technical indicators brought forth by popular analyst Ari Rudd. The independent market analyst published a thread on Feb. 14, explaining why Bitcoin’s ongoing price recovery — from below $33,000 on Jan. 24 to around $42,000 today — might not have strong legs.…