Blockchain and Crypto News

Don’t miss real-time updates

Decentral Block Post

Access real-time blockchain and cryptocurrency news updates from around the globe.

AI altcoins are pumping — Is this the beginning of the next bull market? The Market Report

This week on The Market Report, the resident experts at Cointelegraph discuss what artificial intelligence (AI) altcoins are, what their potential benefits are, how they work, and whether they can be a catalyst for a 2023 bull market.

We start off this week’s show with the latest news in the markets:

BTC price 3-week highs greet US CPI — 5 things to know in Bitcoin this week

Bitcoin (BTC) starts a new week on a promising footing, with BTC price action near one-month highs — but can it last? The move precedes a conspicuous macroeconomic week for crypto markets, with the December 2022 Consumer Price Index (CPI) print due from the United States. Jerome Powell, chair of the Federal Reserve, will also deliver a speech on the economy, with inflation on everyone’s radar. Inside the crypto sphere, FTX contagion continues, with Digital Currency Group (DCG) at odds with institutional clients over its handling of solvency problems at subsidiary Genesis Trading. Our resident experts take a look at these factors and more as the second trading week of January gets underway.

Digital Currency Group under investigation by US authorities: Report

Altcoins

AI altcoins are pumping — Is this the beginning of the next bull market? The Market Report

On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss artificial intelligence altcoins, what they are, and whether they could lead us into the next bull market.

Bitcoin

Cosmos EUR stablecoin project to unwind after 2 years

"The lack of real-world applications for blockchain has led to low demand for non-USD stablecoins," e-Money wrote.

Blockchain

Bitcoin price targets include new $14K dip as Fed's Powell avoids inflation

No fresh BTC price catalyst from the Fed as Chair Powell fails to mention inflation altogether.

Bitcoin

Bitcoin price targets include new $14K dip as Fed's Powell avoids inflation

Bitcoin (BTC) traders faced disappointment at the Jan. 10 Wall Street open after the United States Federal Reserve declined to comment on future policy.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Powell keeps quiet on Fed policy

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it stayed flat at around $17,250 on Bitstamp.

Hopes had focused on a fresh BTC price catalyst courtesy of the Fed in the form of a speech by Chair Jerome Powell.

Speaking at the International Symposium on Central Bank Independence at Sweden’s Central Bank headquarters in Stockholm, however, Powell avoided the topic of U.S. monetary policy altogether.

“I will address three main points. First, the Federal Reserve's monetary policy independence is an important and broadly supported institutional arrangement that has served the American public well,” he began.

image
Market Analysis

Your guide to crypto in Toronto: Crypto City

Regulations

Your guide to crypto in Toronto: Crypto City

Toronto embraced digital assets sooner than most and is home to more crypto projects than anywhere else in Canada.

Contents

Overview
Crypto culture in Toronto
Where can I spend crypto in Toronto?
Crypto projects and companies in Toronto
Toronto’s crypto controversies
Toronto crypto education and community
Notable crypto figures from Toronto

Overview

The city lies at the center of the so-called Golden Horseshoe, a large urban area around the shore of Lake Erie that 9.76 million people — about a quarter of all Canadians — call home. Consistently rated among the world’s most livable cities, Toronto, much like Vancouver on the west coast, is notable for its ethno-cultural diversity brought on by waves of immigration. It’s within a short flight of the capital Ottawa, as well as Montreal to the north and New York to the south. Toronto is seen as the country’s financial and cultural capital.

Toronto was where Ethereum founder Vitalik Buterin grew up. Source: Pexels

Playing home to notable battles between indigenous peoples in the late 1600s, French traders from the mid-1700s and the British later that century, Toronto has seen a lot. In 1834, around the time of a failed rebellion against the British, it was incorporated as Toronto, which was a First Nations name, and the city became a destination for slaves escaping the American South. In the late 1800s, the city became a railway hub. Today, it is served by Pearson International Airport.

As a global hub of business and culture, Toronto resembles a northern version of New York, to the extent that many movies set in New York are filmed in the city due to their similar appearance. Winter weather can be formidable, with freezing rain in 1999 requiring the army to be called in for road clearing. The city is well-known as the birthplace of Ethereum and today hosts a majority of Canada’s blockchain companies.

Toronto was where Ethereum founder Vitalik Buterin grew up
Weekly Overview

Your guide to crypto in Toronto: Crypto City

Toronto embraced digital assets sooner than most and is home to more crypto projects than anywhere else in Canada.

Contents

Overview
Crypto culture in Toronto
Where can I spend crypto in Toronto?
Crypto projects and companies in Toronto
Toronto’s crypto controversies
Toronto crypto education and community
Notable crypto figures from Toronto

Overview

The city lies at the center of the so-called Golden Horseshoe, a large urban area around the shore of Lake Erie that 9.76 million people — about a quarter of all Canadians — call home. Consistently rated among the world’s most livable cities, Toronto, much like Vancouver on the west coast, is notable for its ethno-cultural diversity brought on by waves of immigration. It’s within a short flight of the capital Ottawa, as well as Montreal to the north and New York to the south. Toronto is seen as the country’s financial and cultural capital.

Toronto was where Ethereum founder Vitalik Buterin grew up. Source: Pexels

Playing home to notable battles between indigenous peoples in the late 1600s, French traders from the mid-1700s and the British later that century, Toronto has seen a lot. In 1834, around the time of a failed rebellion against the British, it was incorporated as Toronto, which was a First Nations name, and the city became a destination for slaves escaping the American South. In the late 1800s, the city became a railway hub. Today, it is served by Pearson International Airport.

As a global hub of business and culture, Toronto resembles a northern version of New York, to the extent that many movies set in New York are filmed in the city due to their similar appearance. Winter weather can be formidable, with freezing rain in 1999 requiring the army to be called in for road clearing. The city is well-known as the birthplace of Ethereum and today hosts a majority of Canada’s blockchain companies.

Toronto was where Ethereum founder Vitalik Buterin grew up
Altcoins

Your guide to crypto in Toronto: Crypto City

Bitcoin

Your guide to crypto in Toronto: Crypto City

Blockchain

Your guide to crypto in Toronto: Crypto City

Ethereum

Your guide to crypto in Toronto: Crypto City

Toronto embraced digital assets sooner than most and is home to more crypto projects than anywhere else in Canada.

Contents

Overview
Crypto culture in Toronto
Where can I spend crypto in Toronto?
Crypto projects and companies in Toronto
Toronto’s crypto controversies
Toronto crypto education and community
Notable crypto figures from Toronto

Overview

The city lies at the center of the so-called Golden Horseshoe, a large urban area around the shore of Lake Erie that 9.76 million people — about a quarter of all Canadians — call home. Consistently rated among the world’s most livable cities, Toronto, much like Vancouver on the west coast, is notable for its ethno-cultural diversity brought on by waves of immigration. It’s within a short flight of the capital Ottawa, as well as Montreal to the north and New York to the south. Toronto is seen as the country’s financial and cultural capital.

Toronto was where Ethereum founder Vitalik Buterin grew up. Source: Pexels

Playing home to notable battles between indigenous peoples in the late 1600s, French traders from the mid-1700s and the British later that century, Toronto has seen a lot. In 1834, around the time of a failed rebellion against the British, it was incorporated as Toronto, which was a First Nations name, and the city became a destination for slaves escaping the American South. In the late 1800s, the city became a railway hub. Today, it is served by Pearson International Airport.

As a global hub of business and culture, Toronto resembles a northern version of New York, to the extent that many movies set in New York are filmed in the city due to their similar appearance. Winter weather can be formidable, with freezing rain in 1999 requiring the army to be called in for road clearing. The city is well-known as the birthplace of Ethereum and today hosts a majority of Canada’s blockchain companies.

Toronto was where Ethereum founder Vitalik Buterin grew up
Market Analysis

South Korean regulators target Bithumb in new probe

South Korean National Tax Service agency launches an investigation on Bithumb, according to local reports.

Regulations

Binance employees to adhere to 90-day period prior to trading

The cryptocurrency exchange confirmed its 3-month policy to prohibit insider trading by employees and their relevant family members.

Blockchain

Bitcoin price holds $17K into Fed Powell speech as GBTC jumps to multi-month highs

Bitcoin, crypto and risk asset traders await dovish signals from Fed Chair Jerome Powell ahead of fresh CPI data later in the week.

Bitcoin

Bitcoin price holds $17K into Fed Powell speech as GBTC jumps to multi-month highs

Bitcoin (BTC) stayed above $17,000 on Jan. 10 as risk assets awaited fresh cues on policy from the United States Federal Reserve.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Powell to kick off week of U.S. macro triggers

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD consolidating after hitting $17,396 on Bitstamp the day prior — its highest since Dec. 16.

The pair gained in line with gold early in the week, seeing a slight cool-off as U.S. stocks also lay in wait for potential Fed catalysts.

Fed Chair Jerome Powell was due to speak at a central bank conference on the day, with bulls hoping for a more dovish tone in the wake of several months of declining inflation.

The latest Consumer Price Index (CPI) data covering December, 2022, was nonetheless not due until Jan. 12.

image
Market Analysis

Nigeria to create the stablecoins and ICOs legal framework

The necessity to create a legal framework for stablecoins is marked in the latest Central Bank of Nigeria strategy paper.

Regulations

Turkish automaker Togg onboards Metaco for crypto custody and governance

The partnership with Metaco will see the use of its digital asset custody and orchestration platform, Harmonize, to safeguard the custody and governance of Togg’s digital assets.

Blockchain

Terra accidental airdrop leads to smear campaign, community member claims

TFL claimed that the airdrop receiver refused to return the funds, while the user claimed that he was on the verge of settlement with the firm when the former decided to run a smear campaign.

Blockchain

Terra accidental airdrop leads to smear campaign, community member claims

TFL claimed that the airdrop receiver refused to return the funds, while the user claimed that he was on the verge of settlement with the firm when the former decided to run a smear campaign.

Regulations

Services

Company

Support

Image