Today at Chaintalk News

January 24, 2021

How To Buy Bitcoin For Beginners

By ChainTalk TV

cointelegraph

Amid blackouts and police raids, Iran weighs benefits of Bitcoin mining

A country where Bitcoin once looked primed to flourish is now attempting to scapegoat the cryptocurrency.

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Tezos (XTZ) price surges following DAO framework announcement and Grayscale rumours

New York-based tech company TQ Tezos has announced Homebase—a new project that allows Tezos (XTZ) users to easily set up and interact with decentralized autonomous organizations (DAOs) to establish a community governance structure. The post Tezos (XTZ) price surges following DAO framework announcement and Grayscale rumours appeared first on CryptoSlate.
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Tron, Waves, Dogecoin Price Analysis: 23 January

Tron showed that it was likely to rise to $0.03 within the next 24 hours to test it as resistance and possibly flip it to support. Waves was quite volatile in the market, but it looked keen to head towards the $7-level. Finally, Dogecoin witnessed some slight bearish pressure over the past couple of days. […]
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Investment Firm Giant Guggenheim Partners Says Bitcoin’s Bull Run May Have Peaked

Investment giant Guggenheim Parnters’s CIO Scott Minerd says bitcoin’s price is cooling off, after making a run to an all-time high of $41,000.
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Soulja Boy Reveals the Cryptocurrencies in his Portfolio

The “Crank That” superstar told crypto Twitter which coins he owns.
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The Supreme People's Court Has Detailed the Effectiveness of Blockchain Evidence

The Supreme People's Court of China issued a draft regulation on online handling of cases by people's courts.
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Almost 10% of US-Based Financial Advisors Bought Crypto for Their Clients in 2020: Survey

Almost 10% of US financial advisors bought crypto for clients or themselves and listed high potential returns and inflation hedging as the main reasons.
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Ethereum Price Analysis: 23 January

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Ethereum’s price registered a new ATH on the charts recently. However, despite corrections setting in and its high correlation with Bitcoin, ETH managed to keep its losses to a minimum over the past […]
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Valkyrie Digital Assets Becomes Latest Company to File for Bitcoin ETF

To date, the SEC has repeatedly shafted applications for Bitcoin ETFs. Will this change under Biden?
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Crypto Crime Fell Sharply to Only 0.3% of All Cryptocurrency Activity in 2020

A study by blockchain analytics firm Chainalysis finds that cryptocurrency-related crime has fallen significantly. The criminal share of all crypto activity fell to just 0.34% in 2020. This contradicts recent statements by U.S. Treasury Secretary nominee Janet Yellen and ECB President Christine Lagarde that cryptocurrencies are mostly used for illicit financing. Crypto Crime Plummeted in […]
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Coinbase to Sell Stock on Private Markets Ahead of IPO: Reports

It is likely current and former employees will be able to buy and sell shares in the company, according to reports.
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Jack Dorsey Taps Crypto Vets To Help Design “Decentralized Twitter”

Bluesky is meant to be a “decentralized standard for social media.” It’s slowly taking shape, thanks in part to contributions from members of the InterPlanetary File System team
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The entrance of 141 new Bitcoin whales indicates an inevitable bullish uptrend

Bitcoin’s continuous decline over the past week may be signaling a forthcoming bear market, but new data suggests otherwise. According to metrics from Glassnode on-chain analytics, 141 new whales have flocked into the Bitcoin market in the last 21 days. This caused the number of Bitcoin wallets holding at least 1,000 worth of BTC to […]
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cryptocompare

Binance Coin price prediction: BNB ready to test previous highs

TL;DR Breakdown BNB trades around $40 Resistance above at $44,5 Closest support at $36-$37 Binance Coin price prediction for today is bullish as the market has continued to move higher after a strong rejection of further downside. Binance Coin currently trades at $40 on Binance. Cryptocurrency heat map by Coin360 The overall market is sending […]
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False narratives and misinformation pervade Bitcoin discussion as institutions make moves

This week saw false reports of a Bitcoin blockchain double-spend and false narratives about its criminal usage.
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Can XRP, XMR, other altcoin holders swing trade their way out of a bear market?

What is the way out of the short-lived bear market? Is it swing trading or HODLing? Though different parties have different answers, what everyone can agree on is the fact that the altcoin market capitalization heads south every time there is a drop in Bitcoin’s price. This can partly be attributed to the correlation between […]
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Polychain’s Olaf Carlson-Wee breaks down the maturation of the DEX market

Polychain's Olaf Carlson-Wee shared his view on the growth of the DEX ecosystem during the latest episode of The Scoop podcast.The post Polychain’s Olaf Carlson-Wee breaks down the maturation of the DEX market appeared first on The Block.
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Crypto Companies Eye Public Debut As IPO Frenzy Heats Up

Crypto companies seem to be eager to make their public debut this year as the crypto market crossed the trillion-dollar market cap this bull run. Coinbase was among the first crypto companies to announce their decision to go public with an IPO in the first quarter of 2021. Bakkt became the second prominent crypto firm The post Crypto Companies Eye Public Debut As IPO Frenzy Heats Up appeared first on Coingape.
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Meet the Bitcoin Astrologer on TikTok Who Has 1 Million Followers

TikTok astrologer Maren Altman uses horoscopes to predict the price of Bitcoin—and sees herself getting rich in the near future.
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Is Peter Schiff Secretly Accumulating Bitcoin? Shiff Gold Website Accepting BTC Payment

Peter Schiff, the well-known gold proponent who is often in the headlines for his Bitcoin rants has found himself in a tricky situation when Peter McCormack pointed out that his website Schiff Gold allows people to purchase gold using bitcoin and a few other altcoins. Now, this is awkward… https://t.co/iuia46BC3X pic.twitter.com/MA7gbe14TH — Peter McCormack (@PeterMcCormack) The post Is Peter Schiff Secretly Accumulating Bitcoin? Shiff Gold Website Accepting BTC Payment appeared first on Coingape.
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Chainlink (LINK) Flips Litecoin (LTC) As 7th Largest Crypto With New ATH and Network Growth

It’s been a great start of 2021 for the overall cryptocurrency market and particularly for oracle service provider Chainlink (LINK). While the overall crypto market remains calm, the LINK cryptocurrency has shot 15% today hitting a new all-time high of $24.34. Interestingly, with a $9.5 billion market cap, the LINK cryptocurrency has become the seventh The post Chainlink (LINK) Flips Litecoin (LTC) As 7th Largest Crypto With New ATH and Network Growth appeared first on Coingape.
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Bitcoin SV, BAT, FTX Token Price Analysis: 23 January

Bitcoin SV was trading within a descending channel and selling pressure was likely to see it drop beneath an imminent level of support. Basic Attention Token broke out of a range and looked to flip another level of resistance to support. FTX Token saw a tussle between the bulls and the bears as it traded […]
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cryptocompare

Another Pro-Crypto Appointment in the Biden Administration?

Reports are that Chris Brummer – author of a volume on crypto assets and frequent speaker on digital currencies – will chair the CFTC.
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Investing Legend Bill Miller Says Bitcoin Has Enormous Addressable Market, Calls Not Owning BTC a ‘Massive Mistake’

Famed investor and co-founder of Miller Value Partners Bill Miller says owning a portfolio without Bitcoin is a big mistake. In his Q4 2020 letter on income strategy, Miller attempts to showcase Bitcoin’s benefits to his readers, going so far as to say that not owning Bitcoin in the past and going forward is a […]The post Investing Legend Bill Miller Says Bitcoin Has Enormous Addressable Market, Calls Not Owning BTC a ‘Massive Mistake’ appeared first on The Daily Hodl.
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Why crypto Twitter’s latest anonymous sensation is so into DeFi

Quick TakeThere’s a new DeFi whale in town and it’s taking Crypto Twitter by storm. @0x_b1, whose handle is a reference to an Ethereum address worth over $300 million, has gotten recent buzz for its commentary on various DeFi projects. The Block interviewed the team behind @0x_b1 to learn more about how it began, what it looks for in a DeFi project, and its thoughts on where the DeFi world is headed.  
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China’s Bitcoin Mining Industry Get Hits by Ongoing Global Chip Shortage

A severe global shortage of computer chips used to make bitcoin mining rigs has reduced the production capacity of the rigs in China, which has the world’s biggest BTC mining rigs manufacturing industry. The crisis is now causing the price of new rigs to skyrocket, as demand for cryptocurrencies continues to soar in the ongoing […]
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Wrapped BTC (WBTC) Flips the Market Cap of Bitcoin SV (BSV)

Summary: Wrapped Bitcoin (BTC) has flipped the market cap of Bitcoin SV (BSV) $320 Million in market capitalization separates the two assets Demand for Bitcoin on Ethereum continues to increase and has fueled the growth of WBTC WBTC is also available on the Tron network Wrapped Bitcoin (WBTC) has surpassed the market capitalization of Bitcoin SV (BSV). This milestone was identified by the team at Coinmetrics who shared it via the following statement and chart. With the increasing demand for […]
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cryptocompare

Bitcoin: Has the bull market faded?

2021 has proven itself to be quite a promising year for Bitcoin, with its price action on the charts enabling it to register new ATHs. However, over the past 7 days, the bullish momentum has faded, with Bitcoin retracing all way from around $41k to where it stood at press time ($32,600). However, does the […]
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cryptocompare

Registration statement filed for new bitcoin exchange-traded fund from Valkyrie

An investment firm called Valkyrie has begun the latest effort to create a bitcoin ETF in the United States, public records show.The post Registration statement filed for new bitcoin exchange-traded fund from Valkyrie appeared first on The Block.
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Panamanian Lawmakers to Hold Discussions on Regulating Cryptocurrencies in the Country

Panamanian lawmakers will start to analyze a draft bill that seeks to regulate cryptocurrencies in the nation. Local deputy (MP) Rolando Rodríguez presented the bill to the Commerce Commission of Panama’s National Assembly. Draft Bill’s Author: Panama Is Lagging Behind Other Countries in the Matter According to La Estrella de Panama, the MP is advocating […]
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cryptocompare

These African Countries Are Most Bullish For Bitcoin In 2021

African countries cannot be ignored in any conversation centered around cryptocurrency adoption. Because many African countries suffer from a staggering economy, the heat of inflation is never too far away, hence the increasing rate at which business owners and investors in the continent are turning to digital currencies for a change. Bitcoin adoption is imploding […]
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Bitcoin’s Price Steadies Following Huge Correction

After a harrowing week rife with speculation about a blockchain double spending glitch, Bitcoin’s price stabilised….barely.
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90% Of Large Bitcoin Trades Comes From China: Report

42% of the market capitalization the of top 20 tokens with headquarters is situated in Asia as the continent's dominance on the crypto market keeps expanding.
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Ethereum Whales Holding 10,000+ ETH Increase by 32 in 30 Days

Quick take: Ethereum whales holding 10k or more ETH increased in number by 32 in 30 days The total number of addresses in this category has also reached a 13-month high ETH balances on exchanges continue to drop and are at a 13-month low All these fundamentals point towards a bullish future for Ethereum as it continues to trade above $1,200 The number of Ethereum whales holding 10,000 or more ETH has increased by 32 in 30 days. This is […]
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Coinbase announces to launch a secondary market for its private stock.

One of the leading crypto exchanges in the US, Coinbase, has alerted shareholders that the firm would launch a secondary market for its private stock on Nasdaq Private Market. The move comes ahead of the firm’s much-anticipated public market debut. Coinbase, which filed a confidential S-1 with the US SEC in December last year, said […]Read full post Coinbase announces to launch a secondary market for its private stock. on Chaintimes.com.
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British police partner with Komainu to custody confiscated crypto-assets

A custody firm established by Nomura, CoinShares and Ledger has won a bid to safeguard cryptocurrencies confiscated by British police. The post British police partner with Komainu to custody confiscated crypto-assets appeared first on The Block.
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Chainlink Price Analysis: 23 January

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Chainlink’s price has risen substantially through the course of 2021. In the past week alone, the cryptocurrency saw its price hike by close to 8 percent in a 24-hour period, with renewed bullish momentum […]
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Analysts warn of 'institutional exhaustion' with Bitcoin price back below $32K

The Coinbase premium has returned, but why is the price of Bitcoin still struggling to stay above $32,000?
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cointelegraph

Analysts warn of 'institutional exhaustion' with Bitcoin price back below $32K

The Coinbase premium has returned, but why is the price of Bitcoin still struggling to stay above $32,000?

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Rick and Morty-Themed Crypto Art Sells for $290,000 on NFT Marketplace

A piece of crypto artwork by Rick and Morty co-creator Justin Roilan sold for $150,000 in a silent auction held on non-fungible token platform Nifty Gateway.
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MicroStrategy CEO claims to have “thousands” of executives interested in Bitcoin

Bitcoin has become a bit of a phenomenon on Wall Street and in the corporate world over the past few months. The post MicroStrategy CEO claims to have “thousands” of executives interested in Bitcoin appeared first on CryptoSlate.
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Michael Arrington Questions SEC’s Case Against Ripple and XRP, Says Howey Test Outdated and Ridiculous

TechCrunch founder Michael Arrington is giving his take on the U.S. Securities and Exchange Commission’s (SEC) case against Ripple. In a new interview with Layah Heilpern, Arrington addresses the Howey test, which was established in a Supreme Court case and determines whether certain transactions qualify as investment contracts subject to securities laws. According to the SEC, […]The post Michael Arrington Questions SEC’s Case Against Ripple and XRP, Says Howey Test Outdated and Ridiculous appeared first on The Daily Hodl.
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Monero, OMG Network, DigiByte Price Analysis: 23 January

Monero, DigiByte, and OMG Network told pretty similar stories on the price charts. The bulls did not show they had the strength yet to effect a climb past their imminent levels of resistance. Monero [XMR] The Fibonacci Retracement levels for XMR’s move north from $128 to $190 gave some important levels of support and resistance […]
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Regulators Ponder Strategy As Bitcoin & Co Are Too Large to Ignore

Source: Adobe/Jon Le-BonThe writing is on the wall: regulation is coming for crypto. While a small handful of nations have already introduced specific cryptoasset legislation over the past few years, it looks as though the world’s major powers are gearing up to introduce substantial new regulations and laws.This point was brought home forcefully by remarks made in mid-January by European
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Chainlink now bigger than Litecoin as LINK price hits new high above $24 — What's next?

Chainlink has entered price discovery and traders should watch several key levels for the next possible top.
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cointelegraph

Chainlink now bigger than Litecoin as LINK price hits new high above $24 — What's next?

Chainlink has entered price discovery and traders should watch several key levels for the next possible top.

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cryptocompare

A Look At The Likely Fate Of Ripple And XRP In The Crypto Market

The lawsuit slammed against Ripple has had a major effect on the token and its position in the crypto-market. Every ardent observer of the market understands its competitiveness, and with the way Ripple and XRP are positioned, it is likely that the token may lose momentum and potentially battle erasure for the next few months. […]
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Japanese police charged 30 people for their alleged involvement in illegal transactions linked to Coincheck hack.

Japanese police charged 30 people for their alleged involvement in illegal transactions linked to the $530 million Coincheck hack that took place back in 2018. Tokyo authorities traced all individuals’ transactions to different places across the nation. Initially, Nikkei reported that the suspects were arrested or their cases have been referred to the prosecutors’ office. However, Kyodo […]
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Bitcoin price prediction: Dead cat bounce from $29k worries BTC bulls

Bitcoin price prediction oscillates from bullish to bearish BTC/USD touches $29,000 low amid bearish price action Bitcoin holds onto key trendline and the daily support at $30,000 Rangebound price movement is slowly grinding south with $32,686 as resistance TL;DR Breakdown Bitcoin price prediction is all but bearish, with the slideways movement opening up lower support […]
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Grayscale Breaking Records: Bitcoin Trust Adds Over $1 Billion in a Week

Institutional investors have allocated nearly $1.3 billion in GBTC in a week, while Grayscale looks into adding more crypto assets to its portfolio.
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Green Markets, Red Markets, Meh Markets and 20 Crypto Jokes

This was quite a week for ethereum which reached its ATH territory in USD, though it remained far from its ATH against BTC. But some mining pools banded together to try and stop the EIP 1559. Meanwhile, as the bitcoin snowball is expected to hit more institutions in 2021, JP Morgan strategists told us to look at the Grayscale Bitcoin Trust inflows for the USD 40K breakout signs, but when Grayscale
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Litecoin price prediction: LTC to retest $160 resistance

TL;DR Breakdown Litecoin price expected to retest $160 The closest support level lies at $130 LTC faces resistance in crossing above the $150 mark Litecoin price found support at the $130.00 price level, and LTC has recovered to the $140.00 level. The bullish market sentiment makes it seem like Litecoin price is going to retest […]
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Ethereum’s mining difficulty, hashrate hit new all-time highs

Soon after Ethereum’s price went past the crucial $1400-level a few days back, it fell down the charts. However, despite the scale of price corrections, the cryptocurrency was continuing to trade close to its ATH with a trading price of $1,255, at press time. Over the past few days, two of Ethereum’s key metrics also […]
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cointelegraph

Believing, not seeing: Institutions still predict $100K Bitcoin price

Even though Bitcoin has struggled to reclaim its recent high of $42,000, projections of BTC reaching $100,000 still seem achievable to some.

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cointelegraph

Altcoins rally while Bitcoin bulls are thwarted by resistance at $34K

A handful of altcoins posted double-digit gains while Bitcoin’s relief rally was halted by resistance at $34,000.

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cointelegraph

DeFi surge, rising TVL and new partnerships underpin Ren’s 100% rally

The DeFi boom and search for projects offering interoperability recently sent Ren’s price and total value locked to new all-time highs.

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cointelegraph

Wen? Now! BadgerDAO’s synthetic rebasing Bitcoin, DIGG, goes live

A $20 million synthetic rebasing Bitcoin token launch has gone live — but will it even work?

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cointelegraph

Senate committee votes unanimously in favor of Yellen as Treasury Secretary

The Senate Committee on Finance backed Yellen's nomination in a show of bipartisan support.

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cointelegraph

Price analysis 1/22: BTC, ETH, DOT, XRP, ADA, LTC, LINK, BCH, BNB, XLM

Bitcoin price has rebounded above a key trendline but resistance at higher levels may limit the recovery in altcoins.

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cointelegraph

Harvard crypto skeptic calls Bitcoin a ‘hedge against dystopia’

Harvard professor Kenneth Rogoff says that he doesn't see Bitcoin succeeding, barring extenuating circumstances.

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cointelegraph

Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22

Retail users may have to wait in much of the world, however.

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cointelegraph

NFT boom and platform upgrades back Decentraland’s (MANA) 100% rally

Decentraland’s new features, increased digital land sales and a booming NFT market are the driving factors behind MANA’s 100% rally.

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cointelegraph

Bitcoin as a last resort? Murmurs of crypto as reserve currency abound

“What happens when the world and the U.S. dollar is in a continual state of quantitative easing?” Can BTC find a new and unexpected role for itself?

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cointelegraph

Some Russian officials are being forced to sell their crypto by April 2021

Some Russian public officials have to disclose their crypto holdings, while other officials are obliged to hold zero crypto by April 1, according to a new law.

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cointelegraph

Singapore Exchange to streamline trading processes with blockchain tech

Following a successful trial of DLT-based bond issues, SGX has formed a dedicated company with investment firm Temasek to extend and expand the use of the tech.

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cointelegraph

Retail is here: The virtuous cycle of social engagement with crypto

The recent Bitcoin rally is driving crowds of new retail investors to crypto markets, and the Main Street itself deserves the credit.

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cointelegraph

Bitcoin price bounces above $32K as MicroStrategy 'buys the dip' with $10M

A further commitment to its treasury sees MicroStrategy join Grayscale as this week's big buyer while others keep selling.

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cointelegraph

Crypto and blockchain: What the Brazilian market can expect for 2021

Cointelegraph Brasil invited some of the country’s top crypto and blockchain experts to chart the next steps for the market.

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cointelegraph

Bitcoin miners facing chip shortage amid skyrocketing demand

Bitcoin miners are scrambling to acquire more mining rigs as the global semiconductor shortage worsens.

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cointelegraph

Alleged ‘ghost’ Bitcoin mining firm traded on Nasdaq faces class-action lawsuit

Investors are suing a Bitcoin mining company for allegedly fabricating the existence of BTC mining farms in China and reportedly misleading the public.

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cointelegraph

3 reasons Bitcoin tumbled below $30,000 in a surprise overnight correction

Bitcoin's fall from from $37,000 to below $30,000 within 48 hours saw the biggest daily red candle ever.

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cointelegraph

VanEck files with SEC for ETF that tracks crypto companies' performance

VanEck has filed with the SEC to launch the Digital Assets ETF related to the performance of top cryptocurrency companies.

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cointelegraph

DSD bear sells 5.5M tokens to 'whale coalition' with $83M in coupons set to expire

Dynamic Set Dollar (DSD) coupon holders with $83 million have bought out the largest bear on the project.

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cointelegraph

Russian opposition leader Navalny immortalized in NFT artwork

The animation is inspired by the politician's recent arrest and “Putin's Palace” documentary on alleged corruption.

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cointelegraph

Bitcoin's biggest mining pool may be behind the BTC price drop, but buyers stepped in

This week's volatility may come down to a tug-of-war between F2Pool selling and Grayscale buying.

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cointelegraph

The ‘central bank of central banks’ is building a CBDC settlement platform

The Bank of International Settlements has outlined plans to embark on a variety of CBDC trials worldwide this year.

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cointelegraph

Crypto Fear and Greed index drops to October 2020 levels

The Crypto Fear and Greed index shows that the cryptocurrency market sentiment has just shifted from “Extreme Greed” to “Fear.”

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cointelegraph

Brazil’s top exchange announces international expansion after raising $38M

Leading Brazilian exchange Mercado Bitcoin has announced a regional expansion, naming Chile, Mexico, and Argentina as likely destinations.

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cointelegraph

Clever Aave to Matic bridge keeps track of yields

A new type of cross-chain bridge has been invented which integrates the interest-yielding properties of DeFi with second layer solutions for Ethereum.

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cointelegraph

Is Grayscale about to unveil a LINK trust?

Mystery filings using Grayscale’s name suggest the multibillion-dollar firm may be looking to expand the number of trusts.

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