Monthly Archives: January 2021

Ultra-rare alien CryptoPunk NFT sells for 605 ETH, or $750,000

The NFT market is getting molten hot as a rare “alien” CryptoPunk sells for over $750,000 Amid a wild market-wide bullrun for non-fungible tokens (NFTs), an ultra-rare “alien” CryptoPunk has sold today for 605 Ether, worth over $750,000 at today’s prices.  CryptoPunks are widely considered to be the original NFT project, released even before Cryptokitties, the blockchain-based collectibles project that propelled NFTs to mainstream consciousness. CryptoPunks developers Larva Labs report that Punks have accounted for $26 million in lifetime sales on their native marketplace, and the average […]

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Voyager Token (VGX) gains 926% as mergers and acquisitions bring new users

Plans to expand in Europe and a series of mergers led Voyager Token to rally 926% in less than a month. Voyager Token (VGX), also known as BQX at some exchanges, is the native token of Voyager cryptocurrency exchange.  The exchange separates itself from its competitors by claiming to be a commission-free crypto broker platform and its smart order router also allows clients to trade at multiple exchanges. Since the turn of the year, VGX has gained 620% and on Jan. 15 the token reached a new […]

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Janet Yellen Clarifies Her Stance on Bitcoin — Promises ‘Effective’ Crypto Regulation

Joe Biden’s pick to become the new U.S. Treasury Secretary, Janet Yellen, has clarified her stance on bitcoin and cryptocurrencies. This follows her remarks during a Senate hearing when she said that cryptocurrencies are mostly used for illicit financing. Janet Yellen Clarifies Her Crypto Plans Janet Yellen clarified her position on the regulation of cryptocurrencies in a written testimony published Thursday following the Senate hearing on her nomination as the Treasury Secretary. During the hearing, Yellen made some statements regarding cryptocurrencies which were heavily criticized as being […]

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Bitcoin in jeopardy, Ether briefly breaks records, Biden takes action: Hodler’s Digest, Jan. 17–23

The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — one week on Cointelegraph in one link! Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more a week on Cointelegraph in one link. Top Stories This Week Three reasons Bitcoin tumbled below $30,000 in a surprise overnight correction Intensifying sell pressure saw Bitcoin briefly plummet below $29,000 […]

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Purging Today’s Freedom Activists: Why Big Tech’s Censorship Isn’t Directed Solely at Trump Supporters

There’s been a lot of unrest in the U.S. and just before the presidential election’s electoral vote, Big Tech took action and censored a great number of individuals and even competing social media platforms. Moreover, even after President Biden’s first few days in office, social media apps continued to purge dissent. On January 22, Facebook deleted my social media profile, and a former co-worker’s account as well, for our libertarian views. An Anti-War, Free-Market Libertarian Speaking Out Against Tyranny and Censorship For many years now I’ve been […]

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The race is on yet again for crypto ETFs as Valkyrie files registration

Multiple institutions are yet again lining up to offer crypto ETFs, but will the SEC overcome its historical reticence? In a move that may give seasoned investors flashbacks to 2018, Valkyrie Digital Assets is the latest asset management firm to file a registration with the SEC to form a Bitcoin ETF — a bid that joins a crowded field of prospective fund managers looking to capitalize on renewed retail interest in cryptocurrencies.  Filed on Friday, the Texas-based family investment fund proposed listing the Valkyrie Bitcoin Trust on […]

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Amid blackouts and police raids, Iran weighs benefits of Bitcoin mining

A country where Bitcoin once looked primed to flourish is now attempting to scapegoat the cryptocurrency. As blackouts and police raids roil the upstart Iranian Bitcoin mining industry, a match between a permissionless currency and a country throttled by inflation that once seemed like a perfect fit is now being called into question.  As Cointelegraph has previously reported, Iran joins Pakistan as a cryptocurrency superpower in the Middle East, owing in part due to cheap, heavily subsidized electricity prices, as well as a boost in activity following […]

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Crypto Crime Fell Sharply to Only 0.3% of All Cryptocurrency Activity in 2020

A study by blockchain analytics firm Chainalysis finds that cryptocurrency-related crime has fallen significantly. The criminal share of all crypto activity fell to just 0.34% in 2020. This contradicts recent statements by U.S. Treasury Secretary nominee Janet Yellen and ECB President Christine Lagarde that cryptocurrencies are mostly used for illicit financing. Crypto Crime Plummeted in 2020 Chainalysis shared some findings from its 2021 Crypto Crime Report this week. While acknowledging that “cryptocurrency remains appealing for criminals as well due primarily to its pseudonymous nature and the ease […]

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Panamanian Lawmakers to Hold Discussions on Regulating Cryptocurrencies in the Country

Panamanian lawmakers will start to analyze a draft bill that seeks to regulate cryptocurrencies in the nation. Local deputy (MP) Rolando Rodríguez presented the bill to the Commerce Commission of Panama’s National Assembly. Draft Bill’s Author: Panama Is Lagging Behind Other Countries in the Matter According to La Estrella de Panama, the MP is advocating to pursue an agenda focused on digitalizing the Panamanian economy. He believes in the urgent need to regulate the country’s crypto environment, as the ecosystem “favors” the economy’s growth. Rodríguez wants the […]

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Analysts warn of ‘institutional exhaustion’ with Bitcoin price back below $32K

The Coinbase premium has returned, but why is the price of Bitcoin still struggling to stay above $32,000? The price of Bitcoin (BTC) recovered in the past two days after dropping to as low as $28,850. Following the swift rebound, however, BTC has been unable to break past heavy resistance at $33,000 on Jan. 23, pulling back below $32,000 at the time of writing. BTC/USD 1-hour price chart (Coinbase). Source: TradingView.com Coinbase premium returning is bullish, but what now? Earlier, when the price of Bitcoin started to […]

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