CoinDesk culture reporter Will Gottsegen ranks the Super Bowl crypto ads from worst to best. Source
Why You Should Curb Your Enthusiasm About the 'Crypto Bowl'
Month: February 2022
MINA Monday’s Big Gainer, CRO Lower Despite Crypto.com’s LeBron Ad – Market Updates Bitcoin News
In what has been a volatile day of trading, MINA is one of the biggest gainers in crypto to start the week. In addition to this, crypto.com coin (CRO) was in the red, despite pulling out all the stops in a Super Bowl ad that featured LeBron James. Biggest gainers A week to the day, SHIB was the biggest gainer in the crypto top 100, climbing by as much as 50% in the process, although, today’s bull has risen by less than 10%. Crypto markets have been lower in recent…
States’ crypto rights and the influx of digital money into analog politics, Feb. 7–14.
Several storylines that had been long in the making dominated last week’s news cycle in the cryptocurrency policy and enforcement department. The Russian government has made another huge step on the path toward creating a tailored regulatory framework for digital assets, unveiling its consolidated view that crypto is to be treated as currency rather than swept under the rug of a blanket ban. While this movement in the direction of crypto’s formal legitimization is a welcomed development, a host of questions persists related to both the exact shape of the…
68% of investment execs think clients shouldn’t own cryptocurrency
A Bitcoin ATM is seen inside a gas station in Los Angeles on June 24, 2021. CHRIS DELMAS | AFP | Getty Images Roughly 2 out of 3 “fund selectors” don’t think individual investors should own cryptocurrency in their portfolios, largely for reasons related to transparency and regulation, according to a Natixis Investment Managers survey. Fund selectors at brokerage houses, financial advisory shops, private banks and other institutions analyze and choose the investments their firms offer customers. Sixty-eight percent don’t think individuals should have access to crypto, according to the…
SEC hits BlockFi with a $100 million penalty, gives 60 days to comply with a 1940 law
On Feb. 14, the Securities and Exchange Commission, or SEC, announced actions against crypto lending company BlockFi over its failure to register high-yield interest accounts that the agency deems to be securities. New Jersey-based BlockFi will pay $50 million in settlement to the SEC and another $50 million to 32 U.S. states that brought similar charges. This marks some of the heaviest penalties ever imposed by a U.S. federal regulator on a cryptocurrency service provider. The firm also agreed to stop onboarding new customers to the unregistered service, BlockFi Interest…
Bitcoin Holders Brace For Storm, Will BTC Break Through $44K Barrier?
Bitcoin has been moving sideways during the past week with a 0.7% profit as it trades at $42,709. The first crypto by market cap has held on to critical support as it was rejected at the mid area of its current levels. Related Reading | Ukrainian Defense Efforts Bolstered By Crypto Donations BTC with minor gains on the daily chart. Source: BTCUSD Tradingview Per a recent report from Bitbank’s crypto analyst, Yuya Hasegawa Bitcoin has seen selling pressure triggered by the possibility of a shift in monetary policy from the…
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Bitcoin Hashrate Surges Tapping Lifetime High, Foundry Commands Top Mining Pool Rank for 30 Days – Mining Bitcoin News
The processing power backing the Bitcoin network has tapped another all-time high (ATH) in 2022, reaching 246 exahash per second (EH/s) on February 12. After the network reached an ATH on January 15, a month later the hashrate increased by 12.43% — this despite the network’s mining difficulty coasting along at record highs as well. Bitcoin Network’s Hashrate Climbs to New Highs Bitcoin mining participants tapped a record high on Saturday, February 12, 2022, as the hashrate reached an ATH of 246.80 EH/s. So far, the hashrate has seen three…
Here’s the outlook for bitcoin as geopolitical tensions heat up and interest rates rise
Artur Widak | NurPhoto | Getty Images The bitcoin narrative could be tested this week as investors monitor tense developments between Ukraine and Russia and weigh the possibility of the Federal Reserve hiking interest rates by 50 basis points, or 0.5 percentage point, in March. The largest cryptocurrency by market capital currency has long been regarded by early investors and enthusiasts as a safe haven asset – one that ideally could offset risk in investors’ portfolios and limit exposure to negative shocks. However, in recent months bitcoin has has been…
Bandanna Sporting Crypto Punk #5822 Sets New Record As It Sells For $23M
A CryptoPunk NFT has just set the record for the highest-selling punk so far. The collection which is more than three years old had been in obscurity for the longest time but with the rise of NFT popularity, they have become one of the most valuable collections in the NFT space. In a recent sale, CryptoPunk #5822 has set the record for the high-selling punk after selling for $23 million. CryptoPunk #5822 Sells For 8,000 ETH The CryptoPunk #5822 which had sold for 8,000 ETH, more than $23 million had…