Market News

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of “de Finibus Bonorum et Malorum” (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, “Lorem ipsum dolor sit amet..”, comes from a line in section 1.10.32.

Hong Kong begins discussions to establish a stablecoin regulatory framework

The Hong Kong Monetary Authority shared eight questions to solicit policy-related recommendations. It cited five possible regulatory outcomes: no action, opt in regime, risk-based regim, catch-all system, blanket ban, and risk-based regim. The state-backed regulator in Hong Kong, the Hong Kong Monetary Authority, released a questionnaire to gauge public opinions on regulations for stablecoins and […]

read more

Uruguay installs its first Bitcoin ATM

Uruguay’s first crypto ATM was installed in Punta del Este. This is a popular tourist attraction. According to reports, Uruguay has installed its first Bitcoin ATM (BTC). This makes it the 11th South American country that has publicly encouraged crypto adoption. Prior to Uruguay’s involvement, South America hosted 79 ATMs, which represented 0.2% of global […]

read more

Data shows that Bitcoin miners can get a fresh 20% BTC price boost before capitulating

Miners pay around $34,000 in production costs, plus transaction fees. Miners don’t have to worry about another $40,000 support challenge for BTC/USD. Bitcoin (BTC), a cryptocurrency that is used to mine Bitcoin (USD), is growing at an unprecedented rate at current price levels. Despite falling $27,000 below its all-time highs BTC is still attractive to […]

read more

2021: Brazil’s year of mass adoption of cryptocurrencies

2021 was a year that was positive for the Brazilian crypto market. There were good news in Brazil’s stock market and the promise of a CBDC. The BRL/BTC pair was stuck below 200,000 reals until August, when it began to rise to a new historic high of 367,000 real on Nov. 8. The BRL/BTC exchange […]

read more

Finance Redefined: Vitalik bearish about cross-chain, decentralizing dYdX, Jan. 7-14

Vitalik Buterin presented his views on a crosschain blockchain world. dYdX announced plans to fully decentralize in 2022. Near Protocol raised $150 for Web3 technology — all of this is in this week’s Finance Redefined. Cointelegraph’s latest decentralized finance newsletter is here. Despite the market printing bearish numbers twice in a row, the industry still […]

read more

Binance CEO Jack Dorsey’s net worth reaches $96B, Jack Dorsey launched a BTC defense fund, Bill Miller apes in Bitcoin: Hodler’s Digest, January 9-15

Hodlers Digest is your weekly news source. It will be available every Saturday. Hodlers Digest will provide you with the best and worst quotes, adoption and regulation highlights and predictions, as well as a link to every other important news story that happened this week. The list’s top ranked person is Elon Musk, a South […]

read more

OpenSea sells NFT selfies to make $1M for a 22-year-old boy from Indonesia.

Ghozali spent five decades taking selfies in front his computer. Later, he converted them into NFTs and uploaded them to OpenSea in 2021. According to Ghozali, an Indonesian college student made a million dollars by selling NFT versions of his selfies on OpenSea NFT Marketplace. According to Ghozali, he took photos of himself for five […]

read more

OCC Comptroller calls on federal collaboration with crypto intermediaries

Michael J. Hsu stated that crypto mainstreaming has taken place despite legal and regulatory uncertainty and a series scams, hacks and other disruptive events. Michael J. Hsu (Acting Comptroller for the Currency) stressed the importance of coordination and collaboration with large crypto intermediaries in order to better understand the risks associated with the $2 trillion-plus […]

read more

AI-generative art predicted as next trend in NFT sector

AI algorithms create NFT art that gives new meaning to nonfungible tokens. But can artificial intelligence be trusted to create a new type of art? The sector is one the most highly sought-after in crypto, with NFTs selling for $25 billion in 2021. Art NFTs had a significant impact on last year’s crypto market. Christie […]

read more

Top 5 Cryptocurrencies to Watch This Week: BTC. NEAR. ATOM. FTM. FTT

Bitcoin could break above $45,500 and select altcoins such as NEAR, ATOM or FTM could become bullish in the near-term. Bitcoin (BTC), along with other altcoins, has stopped its slide. Some traders have been fearing a massive sell-off in Bitcoin but Capriole CEO Charles Edwards said that Bitcoin’s worst crashes have happened “due to miner […]

read more