March 22, 2022

Ireland’s Central Bank Warns of ‘Misleading’ Crypto Ads by Social Media Influencers

March 22, 2022

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Grayscale launches smart contract fund for Ethereum competitors

March 22, 2022 boss

Digital asset manager Grayscale Investments has unveiled a new cryptocurrency fund dedicated to smart contract platforms excluding Ethereum, underscoring growing investor appetite for alternative blockchain networks. The Grayscale Smart Contract Platform Ex-Ethereum Fund, also known by the ticker symbol GSCPxE, is the company’s 18th investment product. The fund will provide exposure to seven smart contract platforms at the following weightings: Cardano (ADA): 24.63% Solana (SOL): 24.27% Avalanche (AVAX): 16.96% Polkadot (DOT): 16.16% Polygon (MATIC): 9.65% Algorand (ALGO): 4.27% Stellar (XLM): 4.06% Grayscale said the new fund is now open for…

Grayscale Investments Launches Smart Contract-Focused Diversified Fund – Bitcoin News

March 22, 2022 boss

The largest digital currency asset manager in terms of assets under management (AUM), Grayscale Investments, has announced the launch of a smart contract fund that is compiled of ethereum competitors. The fund called “GSCPxE” holds seven different smart contract coins and it’s Grayscale’s 18th investment product to date. Grayscale Launches GSCPxE — Fund Holds Cardano, Solana, Avalanche, Polkadot, Polygon, Algorand, Stellar Grayscale Investments has announced another fund that covers the landscape of smart contract tokens, but leaves the largest smart contract token ethereum (ETH) out of the equation. The new…

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March 22, 2022

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US exceptionalism could be tested as digital assets find footing worldwide — Sheila Warren

March 22, 2022 boss

Sheila Warren, CEO of the Crypto Council for Innovation and former head of data, blockchain and digital assets at the World Economic Forum, said the digital yuan may present certain challenges for the United States. However, regulators and lawmakers may want consider how to encourage digital innovation, as China is already “massively tech forward” for its residents. Speaking to Cointelegraph during Austin’s SXSW festival, Warren said that though she believed China’s digital yuan was unlikely to significantly affect retail payments in the United States, the adoption of the technology surrounding…

Polychain Leads $22M Investment in NFT Appraisal Protocol Upshot

March 22, 2022

The project wants to bridge the worlds of DeFi and NFT. Source

ETH Reaches 1-Month High Above $3,000, as BTC Hits $43,000 – Market Updates Bitcoin News

March 22, 2022 boss

Ethereum rose to a one-month high above $3,000 on Tuesday, as the global cryptocurrency market place rose by nearly 4%. Bitcoin was also higher during today’s session, moving to its highest point in over three weeks. Bitcoin Bitcoin rose to its highest level in three weeks on Tuesday, as the world’s largest cryptocurrency climbed beyond the $43,000 level. Following a low of $40,850.91 during Monday’s session, BTC/USD rose to an intraday high of $43,389 during today’s session. This is the highest level BTC has traded since March 3, when prices…

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March 22, 2022

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“Optical proof-of-work” would reduce bitcoin’s energy demand and improve geographic distribution of hashrate, proponents argue

March 22, 2022

Simply shifting the cost curve to up-front cost might lead to the exact opposite centralization problem. Instead of most bitcoin mining ending up near cheap, abundant energy sources that popped up in developing, labor-abundant countries, like China, they might coalesce in developed, capital-abundant countries, like the United States. Specialized mining chips, or ASICs, already have a high-ticket price (over $10,000 for some models) – imagine if they were even more expensive. Requiring immense amounts of startup capital would have a meaningful impact on the feasibility of solo mining, which would…

Bitcoin hovers at $43K on Wall Street open amid growing fever over Terra’s $3B BTC buy-in

March 22, 2022 boss

Bitcoin (BTC) showed signs of wanting higher levels still on March 22 as Wall Street trading saw a return above $43,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Terra co-founder: ‘Most of’ $3 billion still unpurchased Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it continued its newly confident stride to three-week highs. The pair had already gained thanks to encouraging macro signs from China, but it was news from within that really set the pace on the day. In a Twitter Spaces conversation with infamous Bitcoin pundit Udi…