25 important stats about the DeFi industry from 2022

On the one hand, DeFi projects had countless hacks and one of the most disastrous collapses in tech/internet history with Terra. Combined with macro conditions, these factors caused the DeFi market to... Read more »

Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39 Trillion Following Recent Increase

The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher. The change follows the last difficulty retarget,... Read more »

New York Assembly introduces crypto payments bill for fines, taxes

A bill introduced to the New York State Assembly on Jan. 26 would allow state agencies to accept cryptocurrency as a form of payment for fines, civil penalties, taxes, fees and other... Read more »

Arizona Senator Launches Bill to Make Bitcoin Legal Tender

A senator in the U.S. state of Arizona has introduced a set of cryptocurrency bills, one of which seeks to make bitcoin legal tender. “Centralized digital money controlled by the central bankers... Read more »

NFTs worth millions disappear from prominent Web3 builder’s wallet

Kevin Rose, the founder of the NFT collection Moonbirds, had his personal wallet hacked on January 25, draining it of NFTs worth millions. The PROOF collective founder sent out a Tweet to... Read more »

State senator pushes bill to make Bitcoin legal tender in Arizona

Wendy Rogers, an Arizona state senator in the United States, has launched bills concerning cryptocurrency, including one that aims to make Bitcoin (BTC) legal tender in Arizona.  In a recent tweet, Rogers... Read more »

Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50%

Paraguayan mining companies are taking a hit to their profitability due to the steep power fee hikes the government has established for cryptocurrency mining activities. According to reports from Braiins Mining business... Read more »

SEC re-declines Bitcoin ETF from ARK, 21Shares

The U.S. Securities and Exchange Commission (SEC) has rejected a Bitcoin spot ETF from ARK and 21 Shares, as indicated in a Jan. 26 filing. Cboe BZX intended to list the planned... Read more »

Data shows pro Bitcoin traders want to feel bullish, but the rally to $23K wasn’t enough

Bitcoin (BTC) price had a mixed reaction on Jan. 25 after the United States reported a 2.9% gross domestic product growth in the fourth quarter, slightly better than expected. Still, the sum... Read more »

Bitcoin can still crack $50K if gold correlation continues — Chart

Bitcoin (BTC) could get sucked toward $50,000 like a magnet if it continues to follow gold, fresh analysis predicts. In a Twitter update on Jan. 26, popular trader and market commentator TechDev... Read more »