CryptoLandβ„’ Signal | Analysis | News
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Real-time crypto signals, analysis & news.
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πŸ’  Tim Draper: Netflix 'might' be next Fortune 100 firm to buy Bitcoin

πŸ–‡ Netflix may just be the next Fortune 100 company to buy Bitcoin (BTC) and Amazon will have to accept it, says billionaire Tim Draper.

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CryptoLandβ„’ Signal | Analysis | News
πŸ”° Bitfarms set to acquire 48K new miners over the next two years πŸ“ƒ Chinese supplier MicroBT will be providing the new hardware over the next two years for the Canadian Bitcoin mining operation, Bitfarms. πŸ“ƒ The company has sourced the equipment in a bid…
πŸ’  Bitfarms set to acquire 48,000 new miners in 2022 | MicroBT will be providing the hardware

πŸ–‡ Bitcoin mining company Bitfarms has pledged to buy 48,000 new miners over the next two years. The equipment will be supplied by the Chinese company MicroBT.

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πŸ’  More institutional investors jumping into Bitcoin | Less BTC to go around

πŸ–‡ Institutions are buying more Bitcoin per month than what's being mined, and there just isn't enough for everyone.

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πŸ’  Third Point hedge fund hires Goldman Sachs analyst | Positive attitude towards crypto space

πŸ–‡ According to a Reuters report on Tuesday, Third Point hired Heath Terry, a managing director of Goldman Sachs' tech division who is also a pro-crypto.

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πŸ’  Oracle wants to bring blockchain to the masses | Offering crypto-secure data management

πŸ–‡ Technology giant Oracle has announced a crypto-secure data management offering that will be provided as a free feature for Oracle converged database users.

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πŸ’  IRS clarifies reporting requirements for crypto bought with fiat | No need to report buying crypto with fiat

πŸ–‡ The United States Internal Revenue Service, or IRS, has updated its FAQ section on cryptocurrency to clarify investors who have only purchased crypto assets with fiat currency do no need to report their transactions under the "virtual currency" question.

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πŸ’  CRV token pumps after reports PayPal acquired unrelated custody firm Curv | A spike that didn't last long

πŸ–‡ Excitable speculators mistakenly rushed to invest in the native token of decentralized finance protocol Curve Finance (CRV) after reports emerged that payment giant PayPal has acquired the unrelated Israel-based crypto custody firm, Curv.

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πŸ’  Bitcoin whales are accumulating BTC around $48K | Is there going to be another rally?

πŸ–‡ Whales are continuing to accumulate Bitcoin (BTC) despite the price more than doubling so far in 2021, according to the latest data from CryptoQuant.

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πŸ’  A new solution for DeFi layer 2 protocols | Vitalik proposes solution to link certain layer-two scaling projects

πŸ–‡ L2 DeFi protocols currently cannot communicate with each other, so Vitalik has proposed a fix.

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πŸ’  BitMEX’s Arthur Hayes and Ben Delo negotiate surrender to U.S. authorities

πŸ–‡ The former CEO of crypto derivatives exchange BitMEX, Arthur Hayes, is in negotiations to surrender to U.S. authorities next month concerning charges that authorities levied against four of the exchange’s executives and co-owners in October.

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πŸ’  PayPal CEO: We'll launch a new crypto unit

πŸ–‡ Dan Schulman gives details on PayPal's crypto ambitions, its plans for a "super app," and whether the company will buy Bitcoin any time soon.

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πŸ’  Crypto Valley's top companies up 680% in value since mid-2020 | Number of blockchain firms has increased

πŸ–‡Switzerland’s Crypto Valley is continuing to grow despite the Covid-19 pandemic, with its top 50 companies increasing in value by more than $200 billion in less than one year.

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πŸ’  Nvidia wins legal battle over $1B in sales of crypto mining hardware after 3 years | The plaintiffs couldn't provide sufficient evidence

πŸ–‡ A three-year-old lawsuit accusing Nvidia of β€œmisrepresenting $1 billion in sales” of crypto mining hardware during the 2017/2018 bull run came to a close on Mar. 2, with a California district court judge ruling in favor of the GPU manufacturer.


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πŸ’  NFT frenzy keeps going | 100-artist NFT collaboration sells out in minutes

πŸ–‡ An NFT made up of 100 individual pieces from 100 different artists has sold out within minutes on the Rarible platform, raising almost $89,000.

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πŸ’  Bitcoin and Ethereum blockchains slow down

πŸ–‡ On-chain metrics for both cryptocurrencies show a marked decrease in the dollar value of transactions and the subsequent transaction fees.

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πŸ’  SushiSwap deploys contracts on five new networks | Migration of protocols due to Ethereum high fees

πŸ–‡ Major DeFi protocols are moving to cultivate a multi-chain decentralized finance ecosystem, with SushiSwap deploying its contracts on five networks, and Balancer announcing ports onto Moonbeam and Polkadot.

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πŸ’  Unslashed Finance raises $2M for crypto insurance platform | Blockchain shines in the insurance industay

πŸ–‡ Unslashed Finance, a decentralized insurance protocol built on Ethereum, has raised $2 million to fund its tokenized insurance product, highlighting another positive use case for blockchain technology.

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πŸ’  Bitcoin bull run is still in the early stages | Whales' sell off led to BTC drop

πŸ–‡ According to William Clemente, a cryptocurrency analyst, Glassnode's Reserve Risk indicator shows that Bitcoin's rally is still in the early to middle stage.

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πŸ’  JPMorgan survey results on Crypto: 22% of institutional investors are likely to buy cryptocurrency in the future

πŸ–‡ A survey carried out by JPMorgan found that one in five institutional investors at firms that don't currently trade in cryptocurrency believe their companies are likely to do so in future.

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πŸ“‰ Current Cryptocurrency Market

πŸ”Ί 24-hours Average Market Changes and The Dominance of Cryptocurrencies

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