Related
CoinTelegraph
Bitcoin adoption of Guatemalan merchants grows one BTC tattoo at a time
Bitcoin (BTC) use in Guatemala is on the up. The Latin American country bordering El Salvador boasts Guatemalan-grown Bitcoin companies such as Ibex and Osmo, several Bitcoin Beach-inspired projects including Bitcoin Lake and now, free BTC tattoos. A 2022 Bitcoin merchant adoption competition hosted by Osmo Wallet — a Guatemala-based...
CoinTelegraph
How Bitcoin mining saved Africa's oldest national park from bankruptcy
Virunga National Park in the Democratic Republic of the Congo has become the first national park in the world to run a Bitcoin (BTC) mine in an effort to protect its forests and wildlife. Cointelegraph spoke with Sébastien Gouspillou, CEO of Big Block Green Services, and the man who introduced Bitcoin mining to the park.
CoinTelegraph
Bitcoin poised for another attack on $24K as trader predicts ‘bearish February’
Bitcoin (BTC) rose above $23,000 into the Jan. 31 Wall Street open as markets braced for a fresh macroeconomic reckoning. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD gaining around 1% in a single hourly candle before the start of trading, overcoming resistance in place overnight. With hours to...
CoinTelegraph
Bitcoin mining advocate is going state-to-state to educate US lawmakers
Dennis Porter, chief executive officer of the Satoshi Action Fund, is taking the fight for hearts and minds on Bitcoin mining to Washington, D.C. and beyond in an effort to support friendly legislation. Porter, who first discovered Bitcoin (BTC) in 2017, told Cointelegraph his path on advocating the benefits of...
CoinTelegraph
Best January since 2013? 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a key week with a familiar cocktail of price spikes mixed with fear that the bear market will return. After sealing its highest weekly close in almost six months, BTC/USD remains over 40% up year-to-date, with the monthly close just 48 hours away — can the gains hold?
msn.com
‘The world should be worried’: Saudi Aramco — the world’s largest oil producer — issued a dire warning over 'extremely low' capacity. Here are 3 big oil stocks for protection
The global oil market remains tight according to Saudi Aramco, the largest oil producer in the world. And that does not bode well for a world that still relies heavily on fossil fuels. Disclaimer: We adhere to strict standards of editorial integrity to help you make decisions with confidence. All...
Rare Lincoln penny sells for $1.1million – the ‘doubling’ on the letters to look for
A COLLECTION of coins has recently sold for millions of dollars - including a penny for over $1.1million. The penny was from New York City collector Stewart Blay who recently passed without seeing how profitable his coins were. The late Mr. Blay consigned his coin collection to be sold by...
CoinTelegraph
Ordinals protocol sparks debate over the place for NFTs in the Bitcoin ecosystem
The recent launch of a nonfungible token (NFT) protocol on the Bitcoin mainnet has the crypto community divided over whether it’ll be good for the Bitcoin ecosystem. The protocol, referred to as “Ordinals,” was created by software engineer Casey Rodarmor, who officially launched the program on the Bitcoin mainnet following a Jan. 21 blog post.
CoinTelegraph
Bitcoin 7-month high ‘dominance’ has BTC price eyeing $25K — Will Ethereum spoil the rally?
Bitcoin (BTC) is rapidly regaining its lost dominance in the crypto market so far into 2023. On Jan. 30, Bitcoin accounted for 44.82% of the total crypto market capitalization, the highest since June. In September, Bitcoin’s dominance index was as low as 38.84%. The index typically rises when most...
CoinTelegraph
5 altcoins that produced double-digit gains as Bitcoin price rallied in January
The rally in cryptocurrency markets started in early January with a spike in heavily-shorted altcoins and Ethereum (ETH) liquid staking derivative (LSD) tokens due to the upcoming network upgrade in March. Soon gains started to show across the board as buyers started to play catch up. The improving macroeconomic conditions,...
CoinTelegraph
Bitcoin pumped 43% in January 2023! What to expect in February — Watch The Market Report live
This week on The Market Report, the resident experts at Cointelegraph discuss Bitcoin’s (BTC) impressive January rally and whether there are any indicators that suggest it could continue in February. We start off this week’s show with the latest news in the markets:. After sealing its highest weekly...
CoinTelegraph
Bitcoin on-chain data and BTC’s recent price rally point to a healthier ecosystem
Bitcoin (BTC) had a rough time all throughout 2022. But fresh on-chain and futures market data show positive signs that the leading cryptocurrency by market capitalization has started to recover. After a bevy of short liquidations, the futures market is pointing toward renewed equilibrium. According to data from Glassnode, short...
CoinTelegraph
Bitcoin price is up, but BTC mining stocks could remain vulnerable throughout 2023
Bitcoin (BTC) mining stocks usually follow BTC’s price because it directly influences company earnings. These stocks were beaten down heavily in the last quarter of 2022, especially in December. The downturn after FTX’s collapse worsened with the bankruptcy filing of the largest U.S.-based Bitcoin mining company, Core Scientific.
CoinTelegraph
Bitcoin price pares weekend gains as another CME ‘gap’ lurks below $20K
Bitcoin (BTC) struggled to maintain bullish momentum on Jan. 30 as the countdown to the monthly close kept the market nervous. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD coming off its latest highs at just below $24,000 on the day. These, while Bitcoin’s best performance for nearly six...
CoinTelegraph
Millionaires flock to crypto: 82% sought investment advice in 2022
Despite a challenging year for crypto, 82% of millionaire clients had looked into investing in digital assets such as Bitcoin (BTC) in 2022, according to a recent poll conducted by financial advisory firm deVere Group. The poll results, released on Jan. 30, found that eight out of every 10 of...
CoinTelegraph
LTC, AVAX, APT and FTM prepare to rally as Bitcoin price targets $24K
Bitcoin (BTC) has rallied nearly 40% so far in January, which is the best start to the year since 2013. The sharp up-move has turned several on-chain signals bullish, according to on-chain analyst Cole Garner. Usually, a sharp recovery from the market lows, driven by the leader, is a sign...
CoinTelegraph
Osprey sues Grayscale for misrepresenting likelihood of GBTC ETF approval
Digital asset manager Osprey Funds filed suit against Grayscale Investments in Connecticut Superior Court on Jan. 30, alleging violations of the state’s Unfair Trade Practices Act. The suit concerns Grayscale advertising and promotion of the Bitcoin (BTC) exchange-traded fund (ETF) it is seeking to create. Osprey stated in the...
CoinTelegraph
Evolution of music and art arrives with NFT project for hit cross-genre single
In 2021, the world witnessed nonfungible tokens (NFTs) as a possible short-term investment opportunity and a way to make a quick buck. Paired with a burgeoning bull market and an investor cohort keen on the technology sector, the blockchain and its derivative assets, like NFTs, became an investment hotspot, attracting billions of dollars. Fortunes were made and lost in the NFT frenzy; CryptoPunk #9998, an NFT which sold for 124,457.0675 Ether (ETH) — worth over $533 million in October 2021, exemplifies the incredible valuation spurts of NFT projects at that time.
CoinTelegraph
USFCR partners with ClearCryptos LLC. to accelerate enterprise adoption of Web 3.0 and Blockchain
ClearCryptos, the mission-driven company charting a path to crypto optimization, and US Federal Contractor Registration (USFCR), the worldwide leader in assisting companies to efficiently and successfully conduct business with the U.S. government, are excited to announce a partnership that will allow federal government contractors to leverage the distinct and unique technological capabilities of the blockchain.
CoinTelegraph
Celsius publishes list of users eligible to withdraw majority of assets
Bankrupt cryptocurrency lending firm Celsius had come up with a withdrawal process for users who had their crypto in its custody when it stopped withdrawals in June 2022. Celsius released an official update on upcoming withdrawals on Jan. 31, providing the list of users that will be eligible to withdraw approximately 94% of eligible custody assets.
Comments / 0