Day: January 21, 2022

Crypto-loving anti-vax group seeks like-minded talent to live in African ‘paradise’

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A group of people who have claimed they refuse to take any of the COVID-19 vaccines — at a time when the number of cases around the world is at an all-time high — is reportedly looking for a cryptocurrency expert to join them in Africa. According to a Friday report from Vice, the group of anti-vaxxers is building a “community” off the coast of southeastern Africa and plans to hire private chefs, television presenters, and crypto experts. The company behind the group, Liberty Places, is a self-described real estate…

Crypto-Exposed Stocks Sink Amid Bitcoin’s Decline, Broader Market Rout

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Cryptocurrency stocks were also falling amid a broader stock market rout, with technology shares bearing a brunt of the recent downtrend. The tech-heavy equity index Nasdaq fell through some key technical support levels, including the 200-day moving average, for the first time since April 2020, Craig Erlam, senior market analyst at Oanda Corp, told clients in a note on Friday. Original

Bitcoin Breaks $37,000, Why Downtrend To $29,000 Is Likely

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Bitcoin has now broken down past $38,000 for the first time in over four months. This is a crucial point for the digital asset given that it has successfully maintained its position above this level throughout all of the crashes and dips of the previous month. While most would like to think that this is only a temporary setback that will soon be resolved, analyst Nicholas Merten has warned investors to brace for even more volatility. Prepare For Further Downside In a recent video on his YouTube channel, Merten shared…

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Crypto News Roundup for Jan. 21, 2022

This episode is sponsored by Kava. Today’s Stories: Bitcoin Dips Below $40,000 During Broader Asia Market Sell-Off Ether, Altcoins Tank With Bitcoin as Decoupling Narrative Goes Up in Smoke Oil, Global Stocks Fall as Investors Cut Risk – WSJ Big US banks say spending patterns show consumers are in good shape To Tame Inflation, the Fed Needs to Get Into Your Head ‘Facebook of Russia’ Exec Rogozov Joins Telegram’s Spin-Off Blockchain Project In Long-Awaited CBDC White Paper, Fed Flags Privacy, Financial Stability Risks SEC’s Gensler Wants Greater Scrutiny for Crypto…

Who Writes the Story of the Metaverse?

IRL. This acronym has become shorthand for the regular, offline human existence in which we all participate, a realm lying outside of that new digital alternative to which investors, entrepreneurs and media commentators are increasingly drawn: the metaverse. “In real life” evokes a place where our bodies are physically present, one in which we actually live. It also implies, by extension, that the metaverse is unreal. That might seem perfectly logical to you. If so, Ben Hunt is here to tell you you’re wrong. You’re reading Money Reimagined, a weekly look…

Does a Fed digital dollar leave any room for crypto stablecoins?

During Jerome Powell’s Jan. 11 United States Senate confirmation hearings, Sen. Patrick Toomey posed a question to the incumbent-and-future Federal Reserve chief: “If Congress were to authorize and the Fed were to pursue a central bank digital dollar, is there anything about that that ought to preclude a well-regulated privately-issued stablecoin from co-existing with a central bank digital dollar?” “No. Not at all,” the central banker answered — a response that surely brought some relief to the crypto community. At least the Fed wasn’t seeking to ban stablecoins. That bullet had…

These Are the Crypto Economy’s 10 Most Expensive Assets per Unit in 2022 – Markets and Prices Bitcoin News

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A lot has changed in regard to the prices of various crypto assets throughout 2021, as today’s top crypto assets look a lot different than they did 12 months ago. Moreover, the most valuable cryptocurrencies in terms of U.S. dollars per unit have also changed, and the top ten most expensive coins have shifted. The following is a look at the top ten most expensive crypto assets in 2022, in terms of USD per unit. The Top Ten Most Expensive Crypto Assets in 2022 At the time of writing, the…

Lawmakers explore Bitcoin mining efficiency, broader crypto policy issues during Congress hearing

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On Jan. 20, the Oversight and Investigations subcommittee of the U.S. Congress House Energy and Commerce Committee convened a hearing to investigate the environmental effects of cryptocurrency mining. Despite the narrow focus, the conversation that ensued – which many industry experts appraised as a meaningful educational experience for the lawmakers – touched upon a range of blockchain-related issues and themes beyond energy consumption. Here is how it went down, and what comes next. Witnesses set the frame Following the opening remarks, the hearing kicked off with the witnesses delivering their…