Report: Bitcoin consumes less energy compared to banking and gold industry

Happy Tuesday everyone! The global crypto market cap is $2.25 trillion with a 24-hour volume of $94.3

CryptoSlate Newsletter @cryptoslate

Happy Tuesday everyone! The global crypto market cap is $2.25 trillion with a 24-hour volume of $94.32 billion. The price of Bitcoin is $46,840.97 and the BTC dominance is at 39.4%.

Report: Bitcoin consumes less energy compared to banking and gold industry For a very long time, Bitcoin's energy consumption has been used as a whip by many critics of the asset who believe that the amount of energy used in mining new units of the coin could impact the environment negatively. This has played a major role in the decision-making processes of businesses or governments that […] cryptoslate.com

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Melania Trump acknowledges Bitcoin anniversary despite Donald's disdain Peter Schiff and his son, Spencer Shiff, are quite popular in the crypto space due to the kind of relationship they share with crypto. cryptoslate.com

Cosmos-based DEX Osmosis breaks above $1 billion in locked value The total value locked (TVL) on decentralized exchange (DEX) Osmosis, which is part of the Cosmos (ATOM) ecosystem, surpassed $1 billion today, according to decentralized finance metrics platform DeFi Llama. cryptoslate.com

Will doggie meme coins die off in 2022? As 2022 begins, thoughts turn to the next 100x gainer. cryptoslate.com

Here's Bitcoiner Eric Wall's 27 predictions for 2022 In a series of tweets, and answers to follow-up questions, Bitcoiner Eric Wall, a.k.a. "the alt-coin slayer," predicts what will happen in crypto in 2022. cryptoslate.com

Vitalik Buterin foresaw stablecoin and defi growth, omits NFT In most climes, the arrival of a new year is an opportunity to make projections for what the future holds. cryptoslate.com

Op-ed: The myth of cryptocurrency crime One of the most pernicious myths about crypto is that they are widely adopted for criminal use. cryptoslate.com

The first usable Cardano DeFi dApp goes live, and it's not SundaeSwap Data aggregator DeFi Lama adds Cardano marking the start of the project's foray into decentralized finance. cryptoslate.com

The Estonian government is not banning crypto, but drafts legislation to tighten regulation Estonian Ministry of Finance released an official clarification of the recently submitted draft legislation that stirred up rumors about a possible ban on cryptocurrencies. According to the rebuttal, the bill, which still needs to undergo three parliament readings, was drafted and submitted in a bid to tighten the existing crypto service providers licensing, and will […] cryptoslate.com

What's going on with Bored Ape Yacht Club NFTs? Although Bored Ape Yacht Club (BAYC) NFTs launched in April 2021, a flurry of recent activity has pushed the collection firmly back into the collective crypto consciousness lately. cryptoslate.com

Italy's top private bank Banca Generali to allow users to buy Bitcoin Over 300,000 customers of Banca Generali will be able to purchase and hold Bitcoin this year. cryptoslate.com

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