Day: December 25, 2022

BTC price foregoes Santa rally as Bitcoin volatility hits record low

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Bitcoin (BTC) failed to deliver a Santa rally for Christmas 2023 as Dec. 25 offered even more sideways BTC price action. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin volatility index plumbs lowest ever levels Data from Cointelegraph Markets Pro and TradingView showed BTC/USD clinging to a tight trading range around $16,800. The pair had stubbornly refused to offer any form of volatility through much of the week, with an absence of a macro trigger reinforcing lackluster performance. “Bitcoin’s volatility is at an all-time low,” William Clemente, founder of crypto…

5 Crypto Things That Riled Me Up in 2022

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What are Handshake (HNS) domains, and how do they work?

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A particular topic of interest in the blockchain space is the emergence of blockchain-related projects in the domain name system (DNS) and domain ecosystem. Handshake, in particular, has been gaining attention among decentralized technology enthusiasts for its potential to revolutionize how people think about and interact with domains, especially in the context of Web3. What is a handshake (HNS) domain? Handshake (HNS) is a decentralized, permissionless naming protocol that allows for peer-to-peer communication and provides an accessible alternative to centrally managed domain names, such as .com, country-code domains and other…

The 5 most important regulatory developments for crypto in 2022

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2022 will surely be remembered as a year of crypto discontent — one when the price of Bitcoin crashed three times, many large companies went bankrupt and the industry experienced a series of significant lay-offs. However, it was a crucial year for crypto regulation worldwide. Although some regulatory developments are worrisome in terms of their tighter stance on digital assets, their effect could help the industry to mature in the long run. Looking at the significant regulatory events of 2022 might fuel one’s optimism for the future. The controversial policy…

1inch launches Fusion upgrade to improve swap security and profitability

Leading decentralized finance (DeFi) aggregator 1inch Network announced a major upgrade — Fusion — around its 1inch Swap Engine. The Fusion upgrade aims to deliver cost-efficient, secure and profitable swaps for crypto investors.  The Fusion mode in 1inch Swap Engine allows DeFi investors to place orders with a predecided price and time range without paying network fees. In addition, the upgrade includes network improvements such as updated staking contracts and tokenomics. As a decentralized trading and matching system, the 1inch Swap Engine connects DeFi users and provides liquidity for crypto…

‘I Take Payment in Bitcoin’; Big Short Investor Says Audits of Exchanges like Binance and FTX Are ‘Meaningless,’ and More — Week in Review – The Weekly Bitcoin News

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Ahead of the holidays and new year, the former U.S. National Security Agency (NSA) contractor known to the world as a staunch privacy advocate and whistleblower, Edward Snowden, has offered to step up as the new CEO of Twitter after current “Chief Twit” Elon Musk has said he is stepping down. In other news from this week, hedge fund manager Michael Burry — of “The Big Short” fame — said that audits of cryptocurrency exchanges like FTX and Binance are “meaningless.” Get caught up on these hot stories and much…

Low-entry Token, Snowfall Protocol (SNW), Has The Potential To Become The Next Big Cryptocurrency, Set To Join The Ranks Of Polygon (MATIC) And Cardano (ADA)—analysts’ Take

Place/Date: – December 25th, 2022 at 1:16 pm UTC · 3 min read Source: Snowfall Protocol Snowfall Protocol (SNW) is a multi-chain interoperability protocol that has recently gained traction in the cryptocurrency ecosystem. Snowfall Protocol (SNW), which is still in its presale phase, prides itself on being the first cross-chain ecosystem to support the transfer of fungible and non-fungible assets across EVM and non-EVM compatible chains. Snowfall Protocol (SNW) aims to remove the barriers that currently prevent cross-chain communication, such as between the Ethereum and Bitcoin networks. It is laying…