🏦 Coinbase States Americans Could Have Saved at Least $74 Billion Using Crypto
Coinbase, a leading U.S. cryptocurrency exchange, claims that Americans could have saved at least $74 million in 2022 by leveraging crypto tech instead of using credit cards as payment options. In its latest State of Crypto report, Coinbase reveals how traditional finance system institutions keep transaction fees high in a system “mired in delays.”
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@CryptoWorldNews
₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: 💰 The world’s largest #bitcoin mine begins construction in Texas.
Riot's Corsicana Facility will harness an impressive one gigawatt of electricity. The project will cost an estimated $333,000,000.
@CryptoWorldNews
🇺🇸 US Lawmakers Urge Treasury Secretary to ‘Fill Gaps’ in Crypto Regulations, Call for CFTC Oversight
Policymakers in the United States are growing weary over the lack of clarity from regulators on crypto assets. On Feb. 6, House Financial Services and Agriculture Committee leaders sent a letter to Treasury Secretary Janet Yellen regarding the lack of regulation in the spot market for digital assets that are not securities. The letter was sent from Patrick McHenry, Glenn Thompson, French Hill, and Dusty Johnson, all chairmen of various House committees.
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@CryptoWorldNews
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💰 Ads for Bitcoin spot ETFs Go Live on Google
Spot Bitcoin Exchange-Traded Funds (ETFs) were approved in the United States by the Securities and Exchange Commission (SEC) in early January. A report from Financial Times claims that Bitcoin ETF ads have been made live on search engine Google. Google’s updated advertising guidelines now permit the display of ads promoting ‘cryptocurrency coin trusts’ alongside search results for queries related to ‘bitcoin ETF.’
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@CryptoWorldNews
💰 Bitcoin ETFs See $700M Net Inflows as BlackRock, Fidelity Gains Offset GBTC Outflows: CoinShares
Bitcoin-focused investment vehicles received more than $700 million in fresh money last week as inflows to new spot bitcoin (BTC) exchange-traded funds (ETFs) offset the abating outflows from Grayscale's flagship fund, GBTC, asset manager CoinShares reported Monday. BlackRock-managed IBTC and Fidelity's FBTC, the two clear leaders among the newly issued spot bitcoin ETFs, booked $884 million and $674 million in weekly inflows, respectively.
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@CryptoWorldNews
💰 Bitcoin Flat as Traders Look Forward to the 'Year of the Dragon'
Bitcoin (BTC) traded flat, hovering over $42,000 early Monday, while the CoinDesk 20 Index {{CD20}} is down 0.75% at 1,643, according to CoinDesk Indices data, as nations in East Asia count down the last working days before the Lunar New Year holiday. Over the next few days, East Asia will celebrate the start of the year of the dragon, which is considered to be one of the luckiest and most prosperous animals in the Chinese Zodiac.
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@CryptoWorldNews
💰 Issues With Bitcoin Mining Beyond Excessive Power Usage: Analysis
Bitcoin mining has always been under scrutiny for its high power consumption. However, a recent New York Times report highlighted how the only issue with Bitcoin mining is not its high electricity consumption. Problems with the intense process of creating the OG cryptocurrency range from increased environmental pollution to human resource implications.
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@CryptoWorldNews
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💰 Bitcoin Struggles in El Salvador Amid Rising Political Concerns
El Salvador is known for embracing Bitcoin as legal tender to stimulate economic development. However, recent research surveys conducted by a group of esteemed economics professors reveal a nuanced and challenging landscape for El Salvador Bitcoin adoption and the widespread acceptance of this digital currency within the country.
Source
@CryptoWorldNews
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₿𝗥𝗘𝗔𝗞𝗜𝗡𝗚: 💰 #Bitcoin ETFs officially the most popular ETFs in Wall Street history!
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🪙 Ethereum's Dencun Upgrade Goes Live on Holesky Testnet, Eyes Mainnet Launch
The Dencun upgrade has successfully completed its final testing phase on the Holesky testnet and is now poised for mainnet deployment. The successful fork, which occurred on Feb. 7, introduces the cutting-edge concept of “proto-danksharding,” set to reduce transaction costs on Ethereum layer-twos. Nethermind, a key player in Ethereum’s ecosystem, promptly announced the milestone on X.
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@CryptoWorldNews
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💰 BlackRock’s Bitcoin ETF Inflows Climb to Fifth-Highest Among All ETFs in 2024
Only 17 days after its launch, the BlackRock iShares Bitcoin Trust (IBIT) has become one of the top five exchange-traded funds (ETFs) of 2024 based on inflows, according to data from Bloomberg Intelligence. The only funds that have topped IBIT's $3.2 billion of year-to-date inflows are mammoth longstanding index ETFs from iShares and Vanguard that offer exposure to the S&P 500 or the total stock market.
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@CryptoWorldNews
💰 Bitcoin options show long-term bullishness and near-term pessimism
Bitcoin options data, particularly open interest and strike prices, is crucial for understanding the market’s expectations for future price movements. Options are financial derivatives that give the buyer the right, but not the obligation, to buy (call option) or sell (put option) an underlying asset at a predetermined price.
Source
@CryptoWorldNews
Best Telegram Crypto Channels 2024: Explore the World of Cryptocurrency
Dive into the dynamic realm of cryptocurrency with our curated list of the Best Telegram Crypto Channels for 2024. Whether you're a seasoned investor or a curious newcomer, this comprehensive guide offers something for everyone. From breaking news in the crypto world to in-depth analysis of market trends, trading signals, and insights into DeFi, NFTs, and the Metaverse, these channels are your go-to source for staying ahead in the fast-paced world of digital currencies. Stay informed, make educated decisions, and join the conversation today in the ever-evolving landscape of cryptocurrency with the best resources Telegram has to offer for 2024.
1️⃣General Crypto News & Updates
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2️⃣Specific Cryptocurrency News (Bitcoin, Ethereum, etc.)
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3️⃣Trading, Charts & Signals
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4️⃣DeFi, NFTs, Metaverse
- @DeFi_ICO_Invest
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5️⃣Market Analysis & Financial Updates
- @CryptoMarketTime
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6️⃣AI and Tech in Crypto
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7️⃣Humor and Community
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💰 Pro Bitcoin candidate Nayib Bukele re-elected as President of 🇸🇻 El Salvador
@CryptoWorldNews
💰 Solana trading volume reaches $3.5b
Solana is a fast and proficient blockchain. Over $3.5 billion in SOL volume has been traded. Developers and users can explore the blockchain’s ecosystem of dapps; some of which are popular NFT games. Solana provides a great setting for players and creators, fostering invention and involvement. Additionally, Solana’s defi initiatives offer many possibilities for liquidity pools and exchanges.
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@CryptoWorldNews
💰 The "Buy ₿itcoin sign guy" who photobombed Janet Yellen received 7 Bitcoin in donations afterwards
@CryptoWorldNews
🪙 JPMorgan says Tether's increasing dominance is negative for crypto
“Tether is mostly at risk given its lack of regulatory compliance and transparency,” JPMorgan analysts said. "Tether is mostly at risk given its lack of regulatory compliance and transparency," JPMorgan analysts led by Nikolaos Panigirtzoglou wrote in a report on Thursday. "We therefore view the increasing concentration in Tether over the past year as a negative for the stablecoin universe and the crypto ecosystem more broadly.
Source
@CryptoWorldNews