Bitcoin

Is Solana down? A distributed denial of service attack caused transactions per second to fall below 500 — and there are fears the disruption is affecting confidence in the blockchain.

The hearing between U.S. lawmakers and crypto officials went surprisingly well.

Washington's receptive response at yesterday's crypto hearing took CEOs by surprise. And in other news, OpenSea has performed a U-turn on its IPO plans after an angry response from users.

FTX CEO Sam Bankman-Fried said: "I came in expecting some hostility and grandstanding, but instead found the discussion to be by and large productive and helpful."

Institutions believe major coins are the "top contender" for a correction, Visa is going further down the crypto rabbit hole, and one of the world's biggest gaming firms is embracing NFTs.

Failure to make this latest interest payment could cause the entire company to collapse, and the prospect of a default has caused Bitcoin to fall before.

More than half of those polled by Natixis Investment Managers believe the likes of Bitcoin and Ether will suffer a pullback next year.

The payments giant says digital assets have now achieved "almost universal awareness" — and 94% of adults now know about it.

Around the world, "Dogecoin" was the one of the most popular search terms in the News category this year — along with queries about GameStop stock and Ethereum's price.

And for now, new customers who are hoping to purchase energy to mine cryptocurrencies are being turned away.

The government is set to prohibit "mining, generating, holding, selling or dealing" in digital currencies.

The congressional hearing is extremely unlikely to be a cozy affair — with the cryptocurrency executives set to face a barrage of confrontational questions.

Plus, a report reveals how to make a profit on NFTs, OpenSea's users are angry at its plans to launch on the stock market, and why metaverse tokens were hardest hit by the weekend's crash.

Ether has fared even better. Prices stood at $4,390 at the time of writing — with gains of 10% over the past 24 hours. The ETH/BTC conversion rate has now hit its highest level since 2018.

According to Mike McGlone, the fact that BTC and ETH have already experienced sharp corrections may give them a "relative advantage" over the stock market in 2022.

The case centered on Craig Wright, an Australian entrepreneur who has long claimed that he is Satoshi Nakamoto, the pseudonymous inventor of Bitcoin.

Perhaps the most powerful statistic that illustrates BTC's rising popularity is this: 55% of current investors began purchasing crypto for the first time within the past 12 months.

Jamie Dimon loves to hate Bitcoin — and J.P. Morgan thinks Bitcoin could reach $146,000. How does America's largest bank really feel about crypto?