Day: January 31, 2022

US Lawmakers Press Bitcoin Mining Firms on Energy Usage, Carbon Emissions, Climate Crisis โ€“ Mining Bitcoin News

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Eight U.S. lawmakers, including Senator Elizabeth Warren, have sent letters to top U.S.-based bitcoin mining firms questioning them about their crypto mining operations. โ€œThe extraordinarily high energy usage and carbon emissions associated with bitcoin mining could undermine our hard work to tackle the climate crisis โ€” not to mention the harmful impacts cryptomining has on local environments and electricity prices,โ€ Senator Warren wrote. US Senators Want Answers From Top Bitcoin Mining Firms U.S. Senator Elizabeth Warren (D-Mass.), a member of the Senate Banking, Housing, and Urban Affairs Committee, announced Thursday…

2 key Bitcoin price metrics suggest BTC is primed to reclaim $40,000

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Cryptocurrencies had a volatile week after Bitcoin’s (BTC) sudden crash to $33,000 on Jan. 24. However, the sharp 9% drop fully recovered within 8 hours after BTC price regained the $36,000 support. On Jan. 26, Bitcoin rallied to $38,960 but it could not sustain the level and corrected by 8.8% in the following 8 hours. When factoring in the recent ups and downs, Bitcoin managed to only gain a meager 1.6% over the past seven days. Even with the considerable price swings, the aggregate futures contracts liquidations were relatively low.…

First Mover Asia: Crypto Finishes Bad Month on High Note

Good morning. Hereโ€™s whatโ€™s happening: Market moves: Bitcoin ended a bad January on a positive note; DeFi trading volume grew steadily. Technician’s take: BTC’s January sell-off could attract short-term buyers. Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. Prices Bitcoin (BTC): $38.446 +1% Ether (ETH): $2,682 +2.6% Top Gainers Asset Ticker Returns Sector Chainlink LINK +7.2% Computing Top Losers Asset Ticker Returns Sector Cosmos ATOM โˆ’7.8% Smart Contract Platform Polygon MATIC โˆ’7.1% Smart Contract Platform Internet Computer ICP โˆ’5.7% Computing Markets S&P…

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Shiba Inu Enters The Metaverse, But Will This Help Its Price?

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Meme coin Shiba Inu recently announced its move into the metaverse. The โ€˜Shibverseโ€™ as itโ€™s called will usher the cryptocurrency into a booming space, presumably to provide more utility for the digital asset. This news is no doubt well received by the community as it allows SHIB to participate in what is a booming industry. But how has the price of the digital asset reacted to this so far? Shiba Inu Announces Shibverse Shiba Inu, one of the most popular meme coins, and winners of 2021 has announced that it…

Russia flounders, America competes, IMF keeps fuming, Jan. 24โ€“31

One of the most fascinating implications of the collision between traditional political institutions and the crypto space is how it can reveal the glaring lack of cohesion within power systems that otherwise look monolithic. Digital assets reside in a parallel policy dimension where neither a centralized consensus nor a clear rulebook exists, leading to a surprising variety of voices and opinions emerging in the absence of a politically coordinated course. Last week, a rare lively policy debate broke out in Russia in the aftermath of its central bankโ€™s attempt to…

Diem Confirms Shutdown as Silvergate Acquires Assets

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase…

HOW I INVEST IN CRYPTO FOR LONG TERM SUCCESS!! Dollar-Cost Averaging Explained

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Want to know how I invest in Cryptocurrency for long term success? In this video, I explain DCA (Dollar-Cost Averaging) and why this works out well with Crypto investing. I also explain how I tweak this for even better long term results and give some other useful tips. WARNING: The comments are full of scammers lately! There are even accounts using my name and logo! Enter In the 50k Subscriber Crypto Giveaway: ๐Ÿ’ธ Get up to $250 BTC Bonus: Get my free…

Ariva (ARV) Announces Milestone Partnership With World Tourism Forum Institute (WTFI) and Global Tourism Forum (GTF) โ€“ Press release Bitcoin News

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press release PRESS RELEASE. Ariva, a next-generation tourism & travel blockchain protocol, has announced a partnership with World Tourism Forum Institute and Global Tourism Forum. This is a significant development and will place Ariva at the forefront of the tourism industry. Ariva reveals key partnership Ariva will be leveraging its collaboration with World Tourism Forum Institute and Global Tourism Forum to position itself as a leading blockchain service provider in the global tourism sector. World Tourism Forum Institute will also serve as a bridge between Ariva and the global tourism…

Litecoin Sees Gains As MimbleWimble Kicks In, What It Means For LTC

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Litecoin follows the general sentiment in the crypto market and trades in the green during todayโ€™s session. As of press time, LTC is exchanging hands at $110,21 with a 1.7% profit in 24-hours. Related Reading | Charlie Lee Sums Up Litecoinโ€™s 10 Years History. Part Five: Conflict Of Interest LTC moving sideways in the 4-hour chart. Source: LTCUSDT Tradingview The increase in the price of Litecoin has been driven by relief in larger cryptocurrencies, such as Bitcoin and Ethereum. The latter has been showing bullish momentum in lower timeframes and…