DeFi on Bitcoin was made possible by the Taproot upgrade. Find out how Bitcoin DeFi works compared to the Ethereum blockchain.

DeFi on Bitcoin was made possible by the Taproot upgrade. Find out how Bitcoin DeFi works compared to the Ethereum blockchain.
The current BTC price boost may not be a natural phenomenon any longer, new research says.
Bitcoin (BTC) hit new two-month highs overnight into Jan. 19 as suspicions over the market’s validity gained momentum.
BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it consolidated above $21,000 after hitting $21,455 on Bitstamp.
That marked the pair’s highest point yet in 2023, the latest accomplishment in a bullish recovery unchallenged since the FTX debacle.
Amid widespread mistrust of the move, however, fresh warnings arose as Bitcoin continued to defy predictions of a major retracement.
Analyzing order book composition for BTC/USD on the largest exchange Binance, Material Indicators expressed surprise that those bidding Bitcoin higher had not yet pulled support.

The Thai securities regulator now requires crypto custodians to have a contingency plan in case of occurrence of any unforeseen events.
The Thai securities regulator now requires crypto custodians to have a contingency plan in case of unforeseen events.
The company claims that the negotiations with potential crisis managers entered the “advanced stage.”
The surge in crypto mining stocks came as a relief for the industry after a crippling last year, where in public crypto miners incurred $4 billion in liabilities.
BoE governor Andrew Bailey highlighted that the UK already has a wholesale settlement system with a major upgrade.
Cointelegraph’s editor-in-chief Kristina Lucrezia Cornèr moderated a panel discussion in Davos, Switzerland about pricing carbon credits.
Mamoru Yanase said crypto needs the same safeguards as financial institutions and banks.
The Bloomberg analyst said Bitcoin is forming a bottom similar to how it looked prior to the 2019 bull run but with one major difference in the markets.
Crypto donations are so much more than just peer-to-peer Bitcoin and Ether transactions.
Non-fungible tokens (NFTs), decentralized autonomous organizations (DAOs), and decentralized finance (DeFi) are redefining how charities raise donations and distribute funds to those most in need.
Through ever-evolving crypto and blockchain-related technology, crypto philanthropists told Cointelegraph that they've witnessed “new wealth distribution mechanisms" never seen before.
“Philanthropy has traditionally been seen as a high-cost-of-entry, individualistic activity but with web3, collective decision-making bodies like DAOs can use tools that streamline financial coordination and encourage more participation,” explained Omar Antila, Product Lead at Crypto for Charity.
“Crypto enables new innovative fundraising strategies, like charitable NFT-drop campaigns, or allowing people to pool their crypto funds in decentralized finance (DeFi) protocols that earn interest for a specific cause,” he added.
In October, a number of breast cancer-focused organizations started implementing NFTs to highlight Breast Cancer Awareness Month.

Crypto donations are so much more than just peer-to-peer Bitcoin and Ether transactions.
Crypto donations are so much more than just peer-to-peer Bitcoin and Ether transactions.
According to crypto analytics firm Arkham, at least $4 million of these losses were "preventable losses."
IBC is going to allow assets to move between blockchains without the high level of risk inherent to bridging.
The Eurogroup confirmed its support for digital euro research and noted that some of the design and use elements under consideration would require political decision making.
While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia.
In 2023, GameFi developers should focus on building out quality more than quantity.
