4 January

Vitalik on Ethereum’s Development and ‘Endgame’ Roadmap (Recommended Watch)

Samsung Electronics announced three TV models for 2022 that will enable NFT trading on the set.

Three models for 2022 feature an ‘intuitive, integrated platform for discovering, purchasing and trading digital artwork.'”

See Also: Square Enix CEO reveals plans for blockchain, metaverse, NFTs
See Also: LinksDAO NFT Sale Books First $10M Toward Buying an Actual Golf Course

“The CFTC announced the penalties Monday, ordering Polymarket to wind down all of its markets because it did not seek a Designated Contract Market (DCM) or Swap Execution Facility (SEF) registration, two requirements under the Commodity Exchange Act for companies offering binary options in the U.S.

Polymarket is a crypto betting service which allows users to pick one of at least two options on given trades, such as who might win the 2020 presidential election. Polymarket’s betting pools constituted binary options, according to the CFTC.

Polymarket said it would wind down three markets and offer refunds to its users by the Jan. 14 deadline. The company plans to share more information in the future about its plans.”

“The current price of around $46,000 is near the bottom of a two-week-long price range, which previously led to higher bids for BTC. BTC will need to return above its 200-day moving average, currently at $47,962, to yield further upside targets. The next level of resistance is seen at around $52,000.

The relative strength index (RSI) on the daily chart is rising from an oversold level reached on Dec. 10. This suggests selling pressure is starting to wane, especially as downside exhaustion signals appeared on the daily chart for the first time since July.”

See Also: Leading DeFi Tokens Post Fresh Gains as Wider Crypto Market Stalls
See Also: Bitcoin traders expect $60K by month’s end, marking $45K as ‘accumulation’

Monday marks the 13th year since Bitcoin’s creator, Satoshi Nakamoto, mined the genesis block, or block 0, of the Bitcoin network and, for the first time, mined a reward of 50 Bitcoin (BTC) back on Jan. 3, 2009. Fast-forward to 2022, the Bitcoin network shows no signs of slowing down, reaching a new all-time high hash rate of 207.53 exahashes per second (EH/s).

The Bitcoin hash rate, which correlates to the strength of the network based on the number of active miners, saw a temporary downfall after China banned citizens and businesses from pursuing crypto mining and trading activities. As a direct result of China’s blanket ban on crypto causing a sudden shortage of miners, the Bitcoin hash rate fell to 58.46 EH/s.”

See Also: Happy Birthday, Bitcoin! Industry players share a few words
See Also: Bitcoin holdings by public companies surged in 2021