January 28, 2022

Crypto Startup Swing Secures $6 Million In Strategic Funding Round

January 28, 2022 boss

Swing, a blockchain startup that enables cross-chain liquidity and liquidity aggregation across blockchains, announced that it has raised USD 6 Million in a strategic funding round from leading investors in the blockchain ecosystem. Housing several trading, lending, and borrowing protocols, the Ethereum ecosystem dominates the decentralized financial (DeFi) area. This has reverberated across the network, pushing Ethereum to its limits but also speeding up the pace of invention and experimentation. Swing leverages layer 1 and layer 2 solutions like Polygon, Binance Smart Chain, Avalanche, Solana, Arbitrum, and more to get…

Number Of Holders With 1 ETH Touches New ATH

January 28, 2022 boss

Ethereum accumulation patterns have pointed towards bullish trends. Whales, as well as small investors, have started to fill up their bags with the altcoin after the crash that brought it down to the $2,100 level. This time around, it is smallholders going on an accumulation spree as the number of wallets holding at least 1 ETH, not their balance touches a new high. New Milestone For Ethereum The latest milestone for the digital asset has come after a disappointing week in the market. As the number of active investors in…

Bitcoin returns to $37K amid warnings that BTC price ‘needs to go lower’

January 28, 2022 boss

Bitcoin (BTC) cracked $37,000 at the Jan. 28 Wall Street open as traders watched and waited for a resistance retest. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC evades a major resistance test Data from Cointelegraph Markets Pro and TradingView showed BTC/USD returning to form after dipping to $36,175 on Bitstamp earlier in the day. As part of the range-bound behavior, hopes were held high that momentum would continue to challenge resistance levels closer to $40,000, whether or not the ultimate outcome would be a fresh correction. “The bearish scenario seems…

ETH Down 14% This Week – Market Updates Bitcoin News

January 28, 2022 boss

Following a volatile week of trading, the uncertainty in cryptocurrency markets continued on Friday. Overall, the global crypto market cap was almost 2% lower during the session. Bitcoin Thursday’s volatility extended into today’s session, with bitcoin prices continuing to consolidate near its recent support level of $35,600.00. BTC/USD fell to an intraday low of $35,629.28 on Friday, following a high of $37,423.99 earlier in the session. The move comes as bitcoin appears to be trading within a range of support ($35,600.00) and resistance ($38,510.00), in other words consolidating, after recent…

Crypto Has Parallels With Subprime Mortgage Crisis, Says Paul Krugman

January 28, 2022

Citing the recent slide that has seen over $1 trillion shed from the crypto market, Krugman wrote, “Who is being hurt by this crash, and what might it do to the economy? Well, I’m seeing uncomfortable parallels with the subprime crisis of the 2000s.” Source

Can We Have It All?

January 28, 2022

Though most people understand that online privacy is a problem, the majority seem willing to trade privacy for convenience and connectivity. As a result, the privacy concerns in Web 2 have become staggeringly large, as displayed in the countless data access hacks, scandals like Cambridge Analytica and Edward Snowden’s National Security Agency revelations, among others. Source

COMPASS MINING ⛏ RESEARCH 🧐 | August 29, 2021 | Bitcoin Mining

January 28, 2022

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io My latest research video where I highlight some recent news clips and articles surrounding the company #COMPASSMINING . FAIR USE DISCLAIMER: Copyright Disclaimer under section 107 of the Copyright Act of 1976, allowance is made “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, education and research, Fair Use is a use permitted by copyright statute that otherwise might be infringing. THIS IS NOT INVESTMENT ADVICE!! SOCIAL MEDIA 📲 Follow me on 🐦Twitter @JBena23 Find me on Stocktwits, 💹Hey,…

Crypto News Roundup for Jan. 28, 2022

January 28, 2022

This episode is sponsored by Kava. Today’s Stories: Bitcoin Worth $670M Leaves Centralized Exchanges After Hawkish Fed Comments Goldman: Bitcoin, Altcoins to Become More Correlated With Traditional Financial-Market Variables European Stocks and US Futures Fall as Traders Weigh Hawkish Fed and Apple Earnings | Financial Times Stocks Fall, on Track for Fourth Weekly Loss – WSJ Featured Story: Simpin’ Ain’t Easy: The Business Sense Behind IreneDAO This episode was edited & produced by Adrian Blust. Source

Brevan Howard Taps Talent From Jump Capital and Gemini for New Crypto Unit

January 28, 2022

Hedge fund manager Brevan Howard is continuing to ramp up its crypto business, hiring Jump Capital partner Peter Johnson as a portfolio manager and Gemini Trust’s former head of security Cem Paya, according to a Bloomberg report. Brevan Howard is gearing up for direct investments in crypto and is forming a crypto-focused division called BH Digital. A spokesperson confirmed the hires but was unable to provide additional information. In September, the firm announced Colleen Sullivan, a co-founder and former CEO of CMT Digital, will lead its investments in crypto. The…

Cryptsy CEO Indicted for Defrauding Crypto Investors, Destroying Evidence – Regulation Bitcoin News

January 28, 2022 boss

The CEO of cryptocurrency exchange Cryptsy has been indicted in the U.S. The 17-count indictment charges the crypto exchange executive with “tax evasion, wire fraud, money laundering, computer fraud, tampering with records, documents, and other objects, and destruction of records in a federal investigation,” the DOJ said. Cryptsy’s CEO Faces 17-Count Indictment The U.S. Department of Justice (DOJ) announced Wednesday that Paul E. Vernon, the founder, operator, and chief executive officer (CEO) of Project Investors Inc., doing business as Cryptsy, has been indicted. A 17-count indictment was unsealed charging Vernon,…