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January 19, 2022

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Crypto exchange users report ‘suspicious activity’ and 5 other important updates to know in the space

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CNBC – For more and to sign up click here After a rough start to the year, the price of bitcoin is about flat in the last seven days. The largest cryptocurrency by market value is currently trading at $41,671, according to Coin Metrics. Ether, the second-largest, is up about......

Bitcoin tumbles below $40,000 to lowest since September as investors dump risky assets

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CNBC – For more and to sign up click here Vertigo3d | iStock | Getty Images The price of bitcoin fell to its lowest point since September on Monday as rising rates continue leading investors to shed positions in risky, growth-oriented assets. Bitcoin fell as much as 6% to touch......

This Tesla owner says he mines up to $800 a month in cryptocurrency with his car

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CNBC – For more and to sign up click here Tesla owner Siraj Raval uses his Model 3 to mine for cryptocurrencies. Siraj Raval Siraj Raval has tried just about every way there is to mine for cryptocurrencies from his 2018 Tesla Model 3. He’s run free bitcoin mining software......

More cryptocurrency regulation is likely—here are 3 ways to prepare now

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CNBC – For more and to sign up click here It’s been a record year for the cryptocurrency market, which surpassed $3 trillion in value in November. Top cryptocurrencies like bitcoin and ether also hit all-time highs. This mainstream adoption led to an increased focus on cryptocurrency regulation from lawmakers. Throughout the......

From bitcoin hitting $1 trillion in market value to Elon Musk’s dogecoin tweets: 12 key crypto moments from 2021

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CNBC – For more and to sign up click here It’s been a record year for the cryptocurrency market, which briefly surpassed $3 trillion in value in November. Bitcoin, the largest cryptocurrency by market value, and ether, the second-largest, hit all-time highs, while altcoins, like meme-inspired dogecoin, surged in popularity.......

Terra is ‘hot among the cool kids right now’ as its token Luna hit an all-time high. Here’s what investors should know

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CNBC – For more and to sign up click here Luna, the native token of the Terra blockchain, is up over 23% in the last seven days, according to CoinGecko. Now ranked No. 9 among the top cryptocurrencies by market value, Luna hit an all-time high on Sunday of over......

From a bitcoin crash to regulatory crackdowns: Analysts give their top predictions for crypto in 2022

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CNBC – For more and to sign up click here Vertigo3d | iStock | Getty Images Crypto crash Some experts believe bitcoin is due for a sharp decline in the coming months. Bitcoin surged to a record high of almost $69,000 in November. It’s now sitting below $50,000, down almost......

This mom quit her job to focus on crypto full time and build ‘generational wealth.’ Now she makes around $80,000 per month

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CNBC – For more and to sign up click here After more than a decade as a mortgage underwriter at USAA, Brenda Gentry resigned in October 2021. Rather than continue in traditional finance, she pivoted to crypto full-time. Now, Gentry runs a crypto consulting firm, which she launched after leaving......

Over $7.7 billion stolen in crypto scams in 2021 and 4 other updates you should know

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CNBC – For more and to sign up click here The top cryptocurrencies by market value remain in the red this week. Bitcoin is currently trading at around $46,766, according to Coin Metrics, and ether is trading at around $3,880. Both are down around 6% in the last seven days.......

This 32-year-old artist brought in over $200,000 selling NFTs. Here’s how she’s supporting women of color in the space

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CNBC – For more and to sign up click here Elise Swopes garnered over $200,000 in about 10 months selling her art as nonfungible tokens, or NFTs. After her first sale in March for over $17,600, she thought, “‘Oh my god, my life is going to change,'” the 32-year-old tells......

What Mark Cuban is most excited for in the crypto space next year

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CNBC – For more and to sign up click here It’s no secret that billionaire Mark Cuban is bullish on the cryptocurrency market and the technology that surrounds it. And looking ahead to 2022, Cuban is most excited to see the “new and unique” crypto applications that may “replace existing......

This new CNBC stock index will track shares integral to the lives and careers of younger generations

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CNBC – For more and to sign up click here Employees of Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, watch as their listing is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters CNBC is launching a new......

Bitcoin climbs back above $57,000 as cryptocurrencies rebound from sell-off

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CNBC – For more and to sign up click here The value of Bitcoin (BTC) has exceeded the threshold of 66,895 dollars for the first time in his history. Chesnot | Getty Images Bitcoin and other cryptocurrencies surged Monday after a sharp sell-off at the end of last week. The......

Bitcoin enters bear market territory as risk assets plunge on new Covid variant

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CNBC – For more and to sign up click here Bitcoin prices fell sharply amid the global sell-off in equities. Luke MacGregor  | Bloomberg | Getty Images Bitcoin fell sharply alongside other assets on Friday, hitting a six-week low and officially entering bear market territory. Bitcoin sank 7% in the......

Stripe says it’s open to accepting crypto for payments, three years after ending bitcoin support

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CNBC – For more and to sign up click here John Collison, President and co-founder of Stripe, attends the 2018 Viva Tech conference in Paris. Christophe Morin | IP3 | Getty Images Stripe isn’t ruling out accepting cryptocurrency as a method of payment in the future, according to co-founder John......

Avalanche’s token is up 33% in the last week⁠–here’s what to know about the ‘Ethereum competitor’

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CNBC – For more and to sign up click here AVAX, the native token to smart contracts platform Avalanche, hit an all-time high on Sunday, briefly making it one of the top 10 cryptocurrencies by market value. Now ranked No. 11, AVAX is up 33% in the last seven days,......

Ripple seeing ‘good progress’ in SEC case over XRP, outcome expected next year

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CNBC – For more and to sign up click here In this photo illustration of the ripple cryptocurrency ‘altcoin’ sits arranged for a photograph on April 25, 2018 in London, England.  Jack Taylor | Getty Images News | Getty Images Fintech company Ripple is making great strides in its legal......

Crypto start-up MoonPay hits $3.4 billion valuation as bitcoin fever reaches new heights

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CNBC – For more and to sign up click here MoonPay CEO and co-founder Ivan Soto-Wright speaking at the Bitcoin 2021 conference in Miami, Florida. Eva Marie Uzcategui | Bloomberg | Getty Images Cryptocurrency start-ups have raised record funding this year. It’s no surprise, then, that some major players in......

Criminals have made off with over $10 billion in ‘DeFi’ scams and thefts this year

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CNBC – For more and to sign up click here An illustration showing physical bitcoins alongside binary code displayed on a laptop. Jakub Porzycki | NurPhoto via Getty Images LONDON — Investors have lost billions of dollars to criminals targeting so-called “decentralized finance” platforms this year. According to a report......

A major upgrade to bitcoin is happening soon—here’s what investors should know

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CNBC – For more and to sign up click here Taproot, a highly anticipated upgrade to bitcoin, is expected to go into effect in the coming days at block 709,632 — some sources say it’ll go live as soon as Saturday. This is bitcoin’s first major upgrade since 2017, and......

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