‘DOGE’ could increase economic freedom in US — Coinbase CEO
After Elon Musk announced the government agency with the same acronym as Dogecoin’s ticker, the crypto token soared to a yearly high of $0.39.
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Cointelegraph Announces Chinese HQ, Bolstering Its International Expansion
To support our international expansion and global reach, Cointelegraph is delighted to announce the launch of the Chinese-language version of the publication. Today, Dec. 4, we celebrated the opening of the office of Cointelegraph China (Cointelegraph 中文).The news — which marks another milestone moment in Cointelegraph’s growth — was announced at the Nova Global Blockchain…

Bitcoin dip below $40K follows Fed signal of a possible fourth rate hike in 2022
BTC’s abrupt drop to $39,650 came after the Federal Reserve floated the prospect of a fourth rate hike in 2022. 1297 Total views 22 Total shares Global financial markets, stocks and cryptocurrencies took a knock on Jan. 10 after rumors that the Federal Reserve may hike interest rates four times in 2022 circulated and sparked…

Square’s earnings 2.5X expectations, Bitcoin revenue up 1000% in 12 months
Square’s quarterly earnings beat out expectations by more than double thanks to Bitcoin’s dramatic rally. 2607 Total views 22 Total shares U.S.-based financial services firm, Square Inc, reports that its quarterly earnings doubled analyst expectations amid booming demand for crypto assets.Global financial data provider Refinitiv had predicted Square would see earnings of 16 cents per…

$1.48B in Bitcoin options expire on Friday — Will BTC hold $22K?
Bitcoin investors' sentiment improved after signals pointing to lower inflationary pressure suggested that the U.S. Federal Reserve could soon move away from its interest rate increase and quantitative tightening. Commonly known as a pivot, the trend change would benefit risk assets such as cryptocurrencies.On Jan. 22, the China-based peer-to-peer trades of USD Coin (USDC) reached…

Veteran trader explains when it’s the best time to cash out of the market
Veteran trader Charlie Burton gives tips on how investors can manage their emotions in bull markets and the importance of sticking to a defined set of trading rules. 1161 Total views 31 Total shares 2021 has been a wild ride for the cryptocurrency market as Bitcoin shocked its naysayers by setting a new record high…

Cryptocurrency Markets Slump Midweek as Ethereum Hits New 2018 Lows
Cryptocurrency markets are feeling the pressure from an extended downturn on Wednesday, September 12, with Bitcoin (BTC) losing 2.5 percent and Ethereum (ETH) hitting its lowest levels since May 2017.Data from Cointelegraph’s price tracker and Coin360 confirms the lackluster picture across cryptoassets continuing another day, with all of the top twenty coins — with the…

Web3 Gamer: Zuckerberg’s metaverse losses, NFT game on Discord, Gods Unchained hot take
Let’s get business out of the way before getting to the fun part: Meta, the parent company of WhatsApp, Facebook and Instagram, is heavily involved in virtual worlds through its metaverse unit, Reality Labs. However, its investments have yet to pay off, with the metaverse company reporting collective losses of over $40 billion. Despite the…

Buying Bitcoin is preferable to BTC mining in most circumstances — Analysis
While intuitively, mining Bitcoin may appear like a highly profitable endeavor, research suggests otherwise. After discovering Bitcoin, most users go down the rabbit hole and consider whether it is better to mine or buy Bitcoin directly. They usually give up due to the cost and rigor of running ASIC miners, regulatory uncertainty, and the lack of…