The New York Digital Investment Group, or NYDIG, has launched a benefit program allowing employees of participating companies to convert a portion of their paychecks into Bitcoin. In a Tuesday announcement, the NYDIG said several firms involved with sports, entertainment, and digital currencies would be among the first to offer the crypto payments, including Everbowl,…
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With roughly nine months until major federal and state elections, New York State gubernatorial candidate Jumaane Williams is making crypto mining an issue in his campaign, criticizing the lack of regulatory clarity. Speaking to climate activists and protestors at Seneca Lake in upstate New York on Monday, Williams called on current Governor Kathy Hochul to…
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“The Market Report” with Cointelegraph is live right now! In this week’s show, Cointelegraph’s resident experts discuss which play-to-earn games have the potential to dethrone Axie Infinity. But first, market expert Marcel Pechman carefully examines the BTC and ETH markets. Are the current market conditions bullish or bearish? What is the outlook for the next…
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Major Bitcoin (BTC) investor MicroStrategy has announced another major BTC purchase during a market dip to collect a total of 125,051 BTC as of Monday. According to an official form with the United States Securities and Exchange Commission (SEC) filed on Tuesday, MicroStrategy purchased 660 BTC between Dec. 30, 2021, and Jan. 31 for “approximately…
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Russian citizens reportedly own 16.5 trillion rubles ($214 billion) worth of cryptocurrencies, according to government estimates. A Bloomberg report noted that Russians own about 12% of the total global crypto holdings. The crypto holdings estimates were calculated by analyzing IP addresses of some of the most significant crypto exchange users in the country along with a…
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The Central Bank of Jordan (CBJ) has revealed that it is researching the issuance of a digital currency. The central bank digital currency (CBDC) would be linked to the Jordanian dinar and have legal standing. Adel Al Sharkas, the governor of CBJ, has reportedly stated that his institution is researching the option of creating a…
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Bitcoin (BTC) jumping to $39,000 has already activated large-volume investors this week, the latest data shows. Analyzing whale behavior, on-chain monitoring resource Whalemap revealed accumulation underway at levels above $36,000. This week’s BTC price “triggered” whales Identifying clusters of whale bids, Whalemap uncovered what appears to be renewed market confidence among those with some of…
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Major cryptocurrency exchange Binance continues pushing operations in the Commonwealth of Independent States (CIS) by preparing a new crypto payment card in Ukraine. Binance is looking to reach a dominant position in the crypto market of Ukraine by offering a wide range of local crypto services, Binance Ukraine’s new general manager Kirill Khomyakov said in…
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Hopium is back on the menu for solo Bitcoin (BTC) miners. A circa $240,000 reward, or 6.25 BTC, was generated by yet another solo miner this morning. This time, the odds were less than 20%, according to Con Kolivas, a Bitcoin software engineer and administrator for ckpool, whose name takes his initials. It’s the fourth…
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The beating heart of any ecosystem of decentralized applications, DApps, is its underlying technology stack. For Ethereum (ETH), this is its “Nakamoto” consensus, Ethereum Virtual Machine (EVM) execution environment, and Solidity programming language. Together, these technologies have allowed smart contract developers to propel decentralized finance (DeFi) from concept to reality. For DeFi to make the…
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