Blockchain - The Urban Mine

Bitcoins’ Circulation and Address Remain Underwhelming

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Posted on January 11, 2022

In 2022, Bitcoin (BTC) is experiencing a period of calm because of decreased utility on its network. Market insight provider Santiment explained: “Bitcoin isn’t getting a ton of utility to kick off January, & it’s noticeable in mild declines for BTC circulation (unique daily tokens moved) & active addresses (addresses transacting on network).” Source: Santiment BTC

Tech Stocks to Grow this Year thanks to Crypto & Metaverse, Wall Street Analyst Says

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Posted on January 11, 2022

Cyrus Mewawalla, the head of thematic research at data analytics and consultancy firm GlobalData believes that tech companies whose operations extend into the metaverse and crypto, despite the massive uncertainties experienced in the stock market, end up in gains at the end of the year. Speaking in an interview with CNBC, the analyst said metaverse,

Crypto Regulation Remains to Unfold in 2022

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Posted on January 11, 2022

As cryptocurrencies enter into a new year after experiencing new highs last year, new changes await, among which regulation is top of the list. Jeffrey Wang, head of Americas for the Amber Group, said that regulation is the major overhang for crypto and blockchain, and it could continue to put pressure on cryptocurrencies. However, Wang

Washington Developer Harbor Custom Development to Accept Payments in Crypto

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Posted on January 11, 2022

Real estate investors in Washington who is looking for a real estate agency that accepts cryptocurrencies need to look no further as Washington-based Harbor Custom Development Inc is launching the service by the end of January. According to a report from Rismedia, the company said it will accept “digital currencies as payment for its listed

Total NFT Sales Hit $25B in 2021

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Posted on January 11, 2022

The explosion in popularity of non-fungible tokens (NFTs) topped its sales to some $25 billion in 2021, data from market tracker DappRadar showed. Although the growth of NFTs was monumental, DappRadar also reported that there were signs of growth slowing towards the end of 2021, which raises questions about the performance of the speculative crypto

Bitcoin’s Long Liquidation Dominance Hits an 8-Month High at 69%

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Posted on January 11, 2022

Having traded below $45,000 for seven days now, Bitcoin (BTC) has been in the red based on significant liquidation. As a result, long liquidation dominance is at levels last seen in May 2021 as traders have been trying to catch the dip. Market insight provider Glassnode confirmed: “Bitcoin long liquidation dominance has hit 69%,

Total NFT Sales Hit $25B in 2021

By - admin
Posted on January 11, 2022

The explosion in popularity of non-fungible tokens (NFTs) topped its sales to some $25 billion in 2021, data from market tracker DappRadar showed. Reports showed that prices of some NFTs rose at high-speed last year that speculators sometimes ‘flipped’ them for a profit within days. Although the growth of NFTs was monumental, DappRadar also reported

NBA champion Andre Iguodala to Accept Salary Payment in Bitcoin

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Posted on January 11, 2022

American basketball player Andre Iguodala, who plays for the NBA’s Golden State Warriors, tweeted Monday that he will accept bitcoin as a salary. Andre Iguodala, a three-time NBA champion with an annual salary of $2.647 million, has become the latest celebrity to accept cryptocurrency as a salary. Iguodala said on his Twitter that Warriors player

Public Will Not Confuse Name With H&R Block, Says Block

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Posted on January 11, 2022

Block Inc, formerly known as Square, has made a formal argument at a Missouri federal court stating that its new name won’t confuse potential customers with tax-preparation giant H&R Block who has filed a trademark infringement lawsuit against the financial-services company. San Francisco-based Block has also asked the court to throw out the lawsuit which

Bitcoin Hits a Five-month Low of $39,650, Leading to $323M Liquidation for Crypto Traders

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Posted on January 10, 2022

Bitcoin prices hit a five-month low of $39,650 on Monday, briefly dipping 40K before bouncing back to the $42K level. Over 103,839 traders were liquidated in the past 24 hours due to the slump in mainstream currency bitcoin. Liquidation value was as high as $329.63 Million, of which $118.04 Million was related to Bitcoin trading

Category: Blockchain