Day: January 17, 2022

Bitcoin, Ethereum, Monero Hashrates Tap Lifetime Highs — Dash, ETC, LTC Hashpower Lower Than Prior ATHs – Mining Bitcoin News

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During the first month of 2022, both Bitcoin and Ethereum’s hashrates have climbed to all-time highs (ATHs). While Bitcoin’s hashpower surged to over 200 exahash per second (EH/s), Ethereum’s hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset networks, however, saw their hashrates decline since their ATHs and the processing power behind these protocols hasn’t returned back to the highs captured long ago. While Some Hashrates Skyrocket, Processing Power From Other Crypto Networks Remains Lackluster At the time of writing, Bitcoin’s processing power is coasting…

Spanish government will implement new rules for crypto ads

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Spanish financial regulator Comisión Nacional del Mercado de Valores, or CNMV, announced new regulations for crypto-asset investments advertising. According to the new circular that will take effect on February 17, 2022, crypto ads must be “clear, balanced and fair” while also providing sufficient information on the risks involved when investing in crypto. The new rules also require advertisers targeting 100,000 people or more to inform the regulator 10 days in advance. After the initial report, the remaining ad activities will be supervised by the CNMV, but will not require advanced reporting. …

BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE

Bitcoin’s (BTC) volatility has been shrinking in the past few days. The standard deviation of daily Bitcoin returns for the last 30 and 60 days as calculated by the Bitcoin Volatility Index is at 2.63%, the least volatile it has been since November 2020. Generally, tight ranges are followed by strong price expansions. In 2020, the low volatility period in November was followed by a sharp rally in mid-December, which resulted in a supercycle that carried the price all the way to $64,854 on April 14, 2021. Daily cryptocurrency market…

OHM In Blood, How This OlympusDAO Whale Sank Its Price by 44%

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In 2021, Ethereum based OlympusDAO and its native token OHM exploded as the protocol onboarded new users seeking to leverage its high annual percentage yield (APY). At its peak, the price of OHM went from $330 to an all time high of $1,639, but the asset seems to be on a downward trend since October last year. Related Reading | Why This Token Thrives With A 38% Profit While Bitcoin And Ethereum Bleed OHM trends to the downside. Source: Coingecko According to Wu Blockchain, a OlympusDAO Whale triggered a cascade of…

The 5 Promising Blockchain Projects Leading The Way Forward For Decentralized Technology In 2022

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Cryptocurrencies had a dream run in 2021. From being treated as a fringe topic to becoming a potential disruptor of the traditional financial ecosystem, 2021 stood witness to the meteoric growth in the value of cryptocurrencies, as well as a significant change of momentum in terms of mainstream adoption and technological adoption. Between NFTs, metaverse, multichain projects, layer-2 scaling solutions, blockchain 3.0, web 3.0, play-to-earn games – there’s a lot that has happened in 2021. Even though it is too early to predict how the cryptoverse will evolve in 2022,…

Top 3 Metaverse Projects to Watch In 2022

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Facebook’s embrace of the metaverse has unleashed a world of new blockchain projects that merge the concepts of virtual reality, digital worlds and cryptocurrencies. The metaverse refers to computer-generated worlds where people can don avatars, explore, interact with other users, play games, create a business, buy and sell land and other assets. Metaverses took the digital realm by storm in 2021, serving as a facilitator of social interaction, business, recreation, gaming and education, to name just a few. They have exploded in popularity and their current momentum suggests they’re going…

Crypto DAO spends €2.66M on Jodorowsky’s Dune thinking they would own its copyright, receives mass ridicule on Twitter

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Late Saturday, Spice DAO, a decentralized autonomous organization that owns a copy of an unpublished manuscript of Frank Herbert and Alejandro Jodorowsky’s never completed Dune film, announced its roadmap going forward. In the Tweet, Spice DAO said it would “Make the book public, produce an original animated limited series inspired by the book and sell it to a streaming service, and support derivative projects from the community.” The group had previously won the Christie’s auction in November for the copy’s sale at 2.66 million euros, or about 89 times its…

Chingari’s GARI Token To Make Historic Debut on Six Top Crypto Exchanges

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January 17, 2022 – Mumbai, India Chingari, the leading video sharing app in India, has achieved another first with the historic parallel listing of its native GARI token on six of the world’s leading centralized cryptocurrency exchanges. Breaking new ground yet again, GARI has become the world’s first cryptocurrency to launch simultaneously on six trading platforms – Huobi Global, FTX, KuCoin, Gate.io, OKEx and MEXC Global. GARI is the native cryptocurrency token of Chingari, a short video sharing platform that now ranks as the number-one social media application in India…

PlaceWar Co-Founder Myrtle Anne Ramos Talks Gamified Internet Culture, Metaverse and Play-to-Earn – Interview Bitcoin News

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PlaceWar is a decentralized strategic play-to-earn game universe deployed on a multi-chain with highly engaging artillery gameplay that allows players to create and define the outlook of the in-game world through building, battles, and alliances. Myrtle Anne Ramos is the Co-Founder and CEO of PlaceWar. She recently joined the Bitcoin.com News Podcast to talk about the game: Myrtle Anne Ramos is the founder of the Award Winning PR Firm of 2020 by PitchDeck Asia (Marketing, Growth Hacking, Sales, Social Media Management, Giving opportunities to people, Media Distribution Services, Investor Relations,…

Polygon Expands Its Footprint As Evolving NFT And Gaming Ecosystems Seek Ethereum Alternatives

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Built with an emphasis on simplicity and ease of use, Polygon (previously Matic) is designed to let organizations and businesses create and deploy their own decentralized applications (dApps). The platform serves as a layer-2 scaling solution that addresses the scalability and rising gas costs of Ethereum and other EMV-compatible networks. Additionally, it also works as a fully-functional chain on its own, thereby cementing itself as a preferred choice for a diverse range of blockchain-based projects. The Polygon development team is also tapping into the NFT and blockchain gaming ecosystems to…