Bitcoin (BTC) and most major altcoins continue to witness a bloodbath on Jan. 21 and the result of the most recent downturn has been a $200 billion reduction in market capitalization. A new report by Huobi Research, in collaboration with Blockchain Association Singapore, forecast Bitcoin to enter a bear market in 2022. The liquidity tightening measures … Read more
Source: AdobeStock/radub85 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ NFTs news Italian luxury fashion house Prada and sportswear giant Adidas partnered to launch a new non-fungible token (NFT) project built on the Polygon (MATIC) network. The project is set … Read more
Source: Adobe/greenbelka A hearing on crypto mining scheduled to take place in the US House of Representatives Committee on Energy & Commerce this week is already raising alarms in the crypto industry as a pre-published memo revealed what some called “basic errors” in lawmakers’ understanding of the field. The hearing, titled Cleaning Up Cryptocurrency: The … Read more