Is the cryptocurrency market about to enter a period of prolonged bearish phase? The largest Swiss Bank, UBS, has warned of apocalyptic crypto winter, and the prices are poised to crash, reports news.bitcoin.com. The Bank also gave an eerie warning that the prices would not recover for years. The bank’s analysts have underlined several reasons which have led to this conclusion.
Russia’s recent ban on crypto has drawn criticism from a number of big names, including Alexei Navalny’s chief of staff Leonid Volkov, and Telegram founder Pavel Durov.
Fantom (FTM) is the next big daddy in the list of Ethereum-competitors. Recently Fantom has toppled giants like Avalanche and Solana in terms of DeFi total-value-locked (TVL) which has now crossed $12.3 billion as per data from DeFiLlama.
Crypto markets continue to grow despite Covid-19 and governments trying to destroy them – but how?
Crypto markets are finally stabilizing this weekend, with Bitcoin and Ethereum holding support. Several Metaverse crypto coins are seeing double-digit percent price gains with the markets trading sideways.
Hackers attacked a number of popular crypto YouTuber accounts at some point during the afternoon of Jan. 23. The accounts posted unauthorized videos with text directing viewers to send money to the hacker's wallet.
The Biden administration is reportedly drafting a government-wide cryptocurrency strategy as an executive order. The directive is expected to be presented to President Joe Biden in the coming weeks. The strategy could be released as soon as next month.
One of the largest bitcoin mining rig manufacturers in the world, Bitmain announced the launch of a new bitcoin miner that boasts speeds of up to 198 terahash per second (TH/s). The new model is called the Antminer S19 Pro+ Hyd. and it leverages liquid cooling technology in order to improve overall efficiency.