Monthly Archives: January 2022

Meme Coin Markets Gain Close to 5% in 24 Hours, Dogecoin’s Value Jumps, 3 Meme Tokens See Triple Digit Gains

The top meme tokens by market capitalization have increased in value by 4.4% in the last 24 hours according to statistics. Dogecoin had a good week jumping more than 20% during the last seven days. However, 14 meme tokens surpassed dogecoin’s weekly jump as a few tokens have seen triple-digit spikes over the last week. Tesla Acceptance Pushes Dogecoin Up 20% This Week, Shiba Inu Gains Over 7% After the electric car company, Tesla announced the firm would be accepting dogecoin (DOGE) payments, the meme crypto spiked […]

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Bitcoin: The Ignition Of A Scientific Revolution

Like the revelation that the earth revolves around the sun, the discovery of a digital, sound money system in Bitcoin is a scientific revolution. It is a rare event for humanity to experience a change in worldview. You could say that the last time such an event truly took place was at the end of the Middle Ages — with the development of the telescope and the printing press, people learned that the Earth revolved around the sun and not the other way around. These discoveries led […]

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Binance CEO’s net worth hits $96B, Jack Dorsey launches BTC defense fund, Bill Miller apes into Bitcoin: Hodler’s Digest, Jan. 9-15

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 Binance CEO CZ is the richest crypto billionaire at $96B: Bloomberg Bloomberg has estimated Binance CEO Changpeng Zhao also known as CZ to be the 11th-richest person in the world at a net worth of around $96 billion, making him the wealthiest billionaire […]

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Bitcoin Bear Markets: What, Why, When?

Bitcoin bear markets can be brutal. Don’t try to predict the next one — rather, be prepared for it! Bitcoin has had its fair share of bear markets in the past. Let’s briefly recap the most significant ones and see what we can learn from them. The 2011-2012 Bear Market The bitcoin price fell from $29 on June 8, 2011 to $2.10 on November 18, 2011, followed by months of sideways action: The first bear market, 2011-2012. Chart data source: CoinMetrics.io The most painful bear market happened […]

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Russia Busts Revil Ransomware Group on US Request, Arrests 14 Members

Russian law enforcement agencies have dismantled the notorious hacking group Revil, believed to be behind ransomware attacks in the U.S. involving cryptocurrency. Although Moscow is unlikely to hand over Russian citizens to Washington, the operation has been carried out on request from the United States, despite heightened geopolitical tensions between the two powers. Russia’s FSB Hits Cybercrime Group Revil On Friday, the Federal Security Service of the Russian Federation (FSB) announced it has conducted raids against Revil in the capital Moscow, St. Petersburg, Leningrad, and Lipetsk regions, […]

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Value Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26%

On Saturday, January 15, 2022, the value locked in decentralized finance (defi) protocols across a number of blockchains has increased from $233.95 billion since January 8, to $239.44 billion. Curve’s total value locked (TVL) dominance today is 9.76% with its $23.38 billion TVL. Meanwhile, native assets for the top nine smart contract platforms have seen seven-day gains improving from the week prior’s price slump. Defi TVL Jumps 2.3% Higher This Week Today’s top smart contract platform tokens are up in value against the U.S. dollar according to […]

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Finance Redefined: Vitalik bearish on cross-chain, dYdX decentralizing, Jan. 7–14

Vitalik Buterin outlined his views on a cross-chain blockchain world, dYdX announced plans for full decentralization in 2022, and Near Protocol raised $150 for Web3 tech — all coming to you in this week’s Finance Redefined. Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. Despite the market printing bearish numbers for a second consecutive week, the industry is not short of bullish fundamental news. Read on to hear about the most impactful DeFi stories of the last seven days. What you’re about to read is […]

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2021: A year of mass adoption for cryptocurrencies in Brazil

2021 was a year of affirmation for the Brazilian crypto market with good news in the national stock market, the promise of a CBDC and Brazilian soccer joining the game. Throughout 2021, the Brazilian cryptocurrency market managed to distance itself from the police pages and finally win acceptance with the general public, whether in the financial market or even in the greatest national passion: soccer. Last year, Bitcoin (BTC) acted as a strong alternative to the Brazilian real that ended 2021 by breaking negative records and reaching […]

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Stablecoin USDC’s ERC20 Issuance Surpasses USDT’s Total Supply on Ethereum

On Saturday, January 15, 2022, the market capitalization of all the stablecoins in existence is $173 billion, which represents 7.93% of the $2.18 trillion crypto-economy. The market valuations of stablecoins tether and usd coin represent 71.84% of the entire stablecoin economy’s value. This week, the current total supply of usd coin surpassed tether, in terms of tokens issued on the Ethereum blockchain, as usd coin has a 0.568% larger fully diluted market capitalization on the smart contract network. USDC Issuance on Ethereum Surpasses Tether’s ERC20 Supply The […]

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Bitcoin’s Hashrate Taps New Lifetime High, BTC Price 20% Above Production Cost, Difficulty Nears ATH

Bitcoin’s hashrate has been riding high again as the processing power tapped another lifetime high on January 15, 2022, reaching 219.68 exahash per second (EH/s). The new record follows the previous all-time high (ATH) on the first day of the year, when the network’s hashrate tapped 219.5 EH/s. Bitcoin’s Hashrate Hits a Milestone, Analyst Discusses Miner Capitulation, Estimated Bitcoin Production Cost Bitcoin miners are dedicating a lot of SHA256 processing power to the BTC network on January 15, as the network quickly reached an ATH just after […]

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