Crypto has made inroads into a variety of markets throughout the course of its history, providing users with the unprecedented opportunity to micro-monetize their activities.
Play-to-earn gaming, along with earning from music streaming, was the antecedent for this sort of cryptocurrency integration. Streaming music also contributed to the development of this form of crypto integration. The value-for-value podcasting platform Fountain announced a new collaboration on January 24 with the financial services business ZEBEDEE to allow Bitcoin (BTC) micropayments for podcast listeners. ZEBEDEE helps monetize games and applications. The capacity to listen to a podcast and receive money for it has been described as a strong combination and the future of content production by Oscar Merry, the creator and chief executive officer of Fountain.
“In a few years, when we look back on paid subscriptions for content platforms that aren’t tied to how much we really use those platforms, we’ll look back and chuckle at how primitive and wasteful it was,”
In addition, as a result of the relationship with ZEBEDEE, customers may take advantage of the benefits without having any prior knowledge of cryptocurrencies thanks to the incorporation of debit and credit card connections. According to Merry, such a development brings together a “fragmented podcasting market,” which at the moment is comprised of a large number of applications and hosting companies that are not synced with one another.
He went on to emphasise the fact that the value of a platform is increased with each minute spent consuming or generating content as well as seeing advertisements. Why shouldn’t you share in the financial rewards that come from the value that you generate on the platform?
The adoption of new technologies is starting to become nearly imperceptible as developers continue to place a priority on usefulness in newly developed protocols.
Recently, a programme called “party-to-earn” targeted the electronic music business with the goal of developing a currency that can be used by festival attendees, clubbers, and fans alike.
Altseason rumors are on the rise on Nov. 9 as altcoins capitalize on Bitcoin’s move to a new all-time high and the ensuing consolidation that tends to occur after (BTC) pulls back to retest underlying support levels.
As is often the case when Bitcoin has pullbacks during a bull market, some of the outflows find their way into the altcoin market and the chart below shows this dynamic is at play today.
Top 7 coins with the highest 24-hour price change. Source:Cointelegraph Markets Pro
Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Livepeer (LPT), Loopring (LRC) and Keep3rV1 (KP3R).
Livepeer co-hosts COLLIDE
Livepeer is a decentralized video streaming platform built on the Ethereum (ETH) network that looks to offer a viable blockchain-based alternative to centralized broadcasting solutions.
VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for LPT on Nov. 7, prior to the recent price rise.
The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.
VORTECS™ Score (green) vs. LPT price. Source:Cointelegraph Markets Pro
As seen in the chart above, the VORTECS™ Score for LPT began to pick up on Nov. 7 and climbed to a high of 75 around one hour before the price increased 226% over the next two days to a new record high at $99.83.
The price appreciation for LPT comes after the protocol co-hosted the COLLIDE event with the Glass streaming platform, which was the first-ever live concert to include live minting of video nonfungible tokens (NFT).
Loopring ramps up its presence in the layer-two race
Loopring is a layer-two (L2) scaling solution for the Ethereum network that utilizes zk-Rollups to help decrease fees and increase throughput for decentralized exchanges (DEX) and payment protocols.
VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for LRC on Nov. 5, prior to the recent price rise.
VORTECS™ Score (green) vs. LRC price. Source:Cointelegraph Markets Pro
As seen in the chart above, the VORTECS™ Score for LRC began to pick up on Nov. 4 and reached a high of 72 on Nov. 5, around five hours before the price increased 142% over the next four days.
The sustained momentum for Loopring comes as the layer-two protocol continues to offer lower transaction fees compared to other L2 solutions including Arbitrum and Optimism as fees on the Ethereum network remain elevated.
Related:Kraken predicts $96K BTC price top as analyst says $1T Bitcoin market cap is ‘now cemented’
Keep3rV1 has a community vote
Keep3rV1 is a project designed to help connect projects with outside development sources through the creation of a decentralized, blockchain-based job board.
VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for KP3R on Nov. 5, prior to the recent price rise.
VORTECS™ Score (green) vs. KP3R price. Source:Cointelegraph Markets Pro
As seen in the chart above, the VORTECS™ Score for KP3R was elevated in the green zone for several days and reached a high of 71 on Nov. 5, around 23 hours before the price increased 79% over the next three days.
The spike in price for KP3R comes as the protocol is undergoing a governance vote where token holders get to vote for the top pools on its Fixed Forex decentralized stable coin framework.
The overall cryptocurrency market cap now stands at $2.902 trillion and Bitcoin’s dominance rate is 43.3%.
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.
Twitch Rivals, an esports tournament host featuring Twitch streamers and pro gamers, has onboarded crypto trading platform Crypto.com as a global marketing and cryptocurrency platform partner.
The multi-year partnership will see Crypto.com as an official partner of Twitch Rivals in the Asia-Pacific region, aiming to increase local crypto adoption in the esports landscape. According to Kris Marszalek, co-founder and CEO of Crypto.com:
“With well-over 1 billion gamers worldwide, fans of gaming and esports are digital natives, for whom cryptocurrency is inevitable.”
The deal also entitles Crypto.com to have category exclusivity, in-stream branded segments, media placement, and activations at Twitch events, starting with Twitch Rivals — a two-day event to be hosted in Las Vegas on Thursday.
In addition, Twitch Rival will feature Crypto.com-branded advertisements on more than 250 broadcasts worldwide. According to a Twitch spokesperson, the partnership with Crypto.com is aimed at driving engagement for tech-savvy users.
Related:Ubisoft will seek to invest in and create blockchain games
Leading game-development company Ubisoft recently expressed interest in building blockchain-centric games. As Cointelegraph reported, Ubisoft CFO Frédérick Duguet highlighted the potential of blockchain technology in the gaming industry:
“Blockchain will enable more play-to-earn that will enable more players to actually earn content, own content, and we think it’s going to grow the industry quite a lot.”
Duguet also said that Ubisoft is working with small-scale blockchain companies to understand the technology’s impact on the gaming industry, “And we want to be one of the key players here.”
Twitch previously added a tipping feature back in December 2019 allowing users to tip streamers with a U.S. dollar-pegged stablecoin called MenaCash. As a part of the deal, viewers can use the MenaPay mobile app to view Twitch streams and tip their favorite players in real-time.
In addition, blockchain-based internet browser Brave also supports crypto tipping on streaming platforms such as Twitch, YouTube and Twitter.
“Uptober” is over but as Zhu Su tweeted earlier today, the crypto market rally could extend through “Upvember, Upcember” and beyond. The month of October was stellar for Bitcoin (BTC) and Ether (ETH) primarily because each hit new all-time highs and even though the prices are consolidating now, traders are still wildly bullish.
Uptober, Upvember, Upcember
— Zhu Su (@zhusu) November 1, 2021
The steady emergence of the Metaverse is also driving excitment within the crypto sector as it promises to be one of the driving forces behind development in the cryptocurrency space. The concept of a Metaverse is also impacting the “real world”, a prime example being Facebook’s recent rebranding of to ‘Meta’.
As the market heads into the month of November and bullish expectations run hot, let’s take a look at some projects where the data hints at possible upside breakouts.
Polkadot’s parachain auctions approach
The Polkadot (DOT) network is a sharding, multichain protocol designed to facilitate cross-chain transfers of any data or asset type and the project is focused on increasing interoperability between separate networks across the blockchain ecosystem.
Data from Cointelegraph Markets Pro and TradingView shows that momentum for DOT has been on the rise over the past couple of months, with its price rising 95% from a low of $26.05 on Sept. 29 to a new all-time high at $51.57 on Nov. 1 as its 24-hour trading volume surged 135% to $2.93 billion.
DOT/USDT 1-day chart. Source: TradingView
The rising strength of DOT is largely due to the upcoming launch of the parachain auctions on the Polkadot protocol. It’s likely that traders are looking at the success of the parachain auctions that took place on Polkadot’s sister network, Kusama, and expecting the same to occur for DOT.
Polkadot’s parachain auctions have been in development throughout 2021 and the excitement surrounding their Nov. 4 launch appears to be the driving force behind DOT rallying to a new all-time high at $51.57 today.
The motion to enable parachain registration and crowdloans has passed Polkadot’s council and gone to a public referendum. If passed, parachain teams will be able to register their parachain and open their crowdloan on Nov. 4, 2021 at approx. 19:15 CET. https://t.co/5ouDWBmnvc
— Polkadot (@Polkadot) November 1, 2021
VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for DOT on Oct. 27, prior to the recent price rise.
The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historical and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.
VORTECS™ Score (green) vs. DOT price. Source:Cointelegraph Markets Pro
As seen in the chart above, the VORTECS™ Score for DOT began to pick up on Oct. 27 and reached a high of 80 around two hours before the price began to increase 28% over the next five days.
Revolve Games selects Chromia
Chromia (CHR) is a layer-one blockchain network that is Ethereum Virtual Machine (EVM) compatible and capable of enhancing layer-two performance on Ethereum and the Binance Smart Chain.
Data from TradingView shows that since hitting a low of $0.296 on Oct. 27 the price of CHR has surged 101% to a daily high at $0.595 on Oct. 31 as its 24-hour trading volume spiked to $371 million.
CHR/USDT 1-day chart. Source: TradingView
The surging price of CHR comes as the project’s gaming ecosystem had several positive developments, including the announcement that blockchain gaming firm Revolve Games chose Chromia to build and host its play-to-earn ecosystem, as well as the listing of the Chromia-based Mines of Dalarnia token on Binance.
Related:‘Uptober’ closes at record high in best month of 2021 — 5 things to watch in Bitcoin this week
Theta Token expands its NFT ecosystem
Theta is a blockchain-based video streaming protocol designed to operate as a decentralized network where users are rewarded for sharing bandwidth and computing resources with others on the network.
Momentum for THETA has been on the rise over the past couple of months as its NFT ecosystem has expanded and is now preparing to host the launch of Katy Perry’s NFT project in December.
The token also got a boost after it was revealed that THETA stakers will be airdropped its TDROP governance token in February 2022, with the allocation each holder receives determined by the average number of THETA staked during the evaluation period.
VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for THETA on Oct. 28, prior to the recent price rise.
VORTECS™ Score (green) vs. THETA price. Source:Cointelegraph Markets Pro
As seen in the chart above, the VORTECS™ Score for THETA climbed into the green zone on Oct. 27 and reached a high of 81 on Oct. 28 around three hours before the price began to increase 42.3% over the next three days.
The overall cryptocurrency market cap now stands at $2.63 trillion and Bitcoin’s dominance rate is 43.8%.
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.
Video sharing platform YouTube removed the 251,000-subscriber channel of Anthony ‘Pomp’ Pompliano, co-founder of Morgan Creek Digital and host of The Pomp Podcast, before later restoring it.
In an Oct. 11 update on his Twitter account, Pompliano — a Bitcoin (BTC) bull known for his interviews educating skeptics and others on crypto — said he received a message from YouTube claiming a recent livestreamed interview with stock-to-flow model creator PlanB encouraged “illegal activities.” Pompliano’s entire channel was unavailable for roughly two hours before being returned to the platform, with all videos on BTC and crypto viewable to the public.
“[YouTube] first stated that the content, an interview on Bitcoin, was harmful and dangerous,” said Pomp. “They then stated that we would receive a strike, but then I received a second email saying the channel was being deleted seconds later.”
According to Pomp, he had received no “strikes” — violations of YouTube’s community guidelines; three strikes within 90 day can result in a channel being permanently removed — and the video seemingly didn’t have any questionable content or otherwise. However, the platform’s guidelines state it has the right to remove channels for “a single case of severe abuse” or for accounts dedicated to content including hate speech, harassment, or impersonation.
YouTube had previously targeted crypto-related content on the platform, with its algorithms labeling videos on BTC and other cryptocurrencies as “harmful content,” and leaving human reviewers to assess any grounds for appeal. In Pomp’s case, he was able to get the attention of YouTube’s support team on Twitter within minutes — likely due to his 1.1 million followers and verified account. However, other crypto content creators have reported waiting days after having their channels similarly terminated.
Related:Content creators fed up with YouTube now have a compelling alternative
The seemingly arbitrary removal of the account of a major player in the crypto space highlights the danger of relying on a centralized platform like YouTube. Last week, Facebook, Instagram and WhatsApp went offline for roughly six hours, likely disrupting community engagement around crypto and blockchain projects.
In addition, YouTube has been at the center of attention for attempting to purge videos related to misinformation on health around the COVID-19 pandemic. In August, the platform said it had removed more than one million video “related to dangerous coronavirus information” since February 2020.
The cryptocurrency market found itself in a holding pattern on Aug. 17 as the price of Bitcoin (BTC) lingers below $46,000 and bulls regroup to plan their next attempt to push the price higher.
Despite the struggles faced by many of the top cryptocurrencies, several altcoins were buoyed by positive developments and CT Pro’s top market gainers index shows many producing double-digit gains.
Top 7 coins with the highest 24-hour price change. Source:Cointelegraph Markets Pro
Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Audius (AUDIO), Raydium (RAY) and Helium (HNT).
Audius partners with TikTok
The top-performing coin over the past 24-hours has been Audius, a decentralized music-sharing and streaming protocol that enables direct transactions between listeners and creators and helps to cut out the middleman who tap into artist’s revenue streams.
According to data from Cointelegraph Markets Pro, market conditions for AUDIO have been favorable for some time.
The VORTECS™ Score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.
VORTECS™ Score (green) vs. AUDIO price. Source:Cointelegraph Markets Pro
As seen in the chart above, the VORTECS™ Score for AUDIO has been in the green zone for most of the past week and reached a high of 80 on Aug. 13, around 66 hours before the price increased 156% over the next day.
The cause for the sudden spike in price was an announcement from Audius that it had partnered with TikTok to enable crypto-powered music streaming, a development that was registered by the NewsQuake™ alert system shortly after the price initially began to rise.
Solana’s rising tide lifts Raydium price
Raydium is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). The Solana ecosystem has been gaining traction as of late and Raydium appears to have benefited from the increased interest in the network.
Data from Cointelegraph Markets Pro and TradingView show that after hitting a low at $4.64 on Aug. 12, the price of RAY has spiked 75% to an intraday high at $8.11 on Aug. 17 with $317 million worth of 24-hour trading volume.
RAY/USDT 4-hour chart. Source:TradingView
Momentum for RAY really began to pick up starting on Aug. 9 when it was announced that Binance would be list the token in its innovation zone. The price moved higher following another announcement on Aug. 17 that the exchange would launch perpetual futures contracts for the project.
Related:Solana is now in price discovery as SOL shows strength below $70 all-time highs
Helium rallies as the network’s node count expands
Helium is a project focused on creating a decentralized blockchain-powered network for internet of things (IoT) devices and the project is powered by nodes run by community members.
VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for HNT on AUG. 12, prior to the recent price rise.
VORTECS™ Score (green) vs. HNT price. Source:Cointelegraph Markets Pro
As seen in the chart above, the VORTECS™ Score for Helium has been elevated over the past week and reached a high of 77 on Aug. 16, around 4 hours before its price increased 37% over the next day.
Momentum for the project has been steadily increasing since it successfully completed a $111 million token sale on Aug. 11.
The overall cryptocurrency market cap now stands at $1.977 trillion and Bitcoin’s dominance rate is 43.6%.
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.
Cinedigm, a major American content distribution company, is applying blockchain technology to one of its streaming channels.
The company has partnered with decentralized video delivery network Theta Labs to integrate Theta’s peer-to-peer streaming technology and cryptocurrency rewards into its CONtv Anime channel airing a wide range of anime series and movies.
CONtv Anime will feature micropayments in Theta Fuel (TFUEL), one of the two native tokens on the Theta blockchain. The token will be used as a reward for sharing video content by utilizing excess bandwidth and computing resources as well as watching the channel’s content. According to the announcement, fans will be able to earn up to $15 in tokens per month simply by watching content on their browser.
By incorporating Theta’s blockchain-based streaming technology, Cinedigm intends to boost user engagement and monetization while reducing costs. Theta Labs said that its streaming technology can lower video delivery costs by at least 50%.
Cinedigm’s senior vice president of products and technology, Tony Huidor, said that the company views the partnership with Theta as a long-term opportunity. It’s a “key differentiator in the industry and we believe it will contribute to sustained viewer growth and engagement in the premium OTT segment,” Huidor said.
Wes Levitt, head of strategy at Theta Labs, said, “In this first implementation, CONtv users will earn TFUEL micropayment rewards for watching the content and relaying it to other CONtv users. Future integrations could see rewards used to unlock other content or unique experiences for token holders.”
“This is Cinedigm’s first publicly announced partnership with a blockchain project, though they recently publicly expressed interest in NFTs for their content library which we see as a very exciting potential collaboration point,” Levitt added. Theta Labs initially teased this partnership with Cinedigm in late 2020.
Earlier this year, Theta Labs enabled similar TFUEL micropayments features for projects like live poker entertainment platform World Poker Tour and entertainment distribution platform Shout! Factory.
As previously reported by Cointelegraph, the Theta network has seen some accelerated development recently, attracting collaboration from Fortune Global 500 firms like Google, Samsung and Sony. Amid the network growth, Theta Network’s token THETA hit new all-time highs in 2021, entering the top 10 cryptocurrencies by market capitalization in March.
After recording new all-time highs all throughout 2021, the value of Theta (THETA) dropped 25% in less than 24 hours leading into March 25, following news that the project’s mainnet launch had been pushed back two months.
Theta is a blockchain-based video streaming platform that was gearing up for its official Mainnet 3.0 launch next month. On March 24, the Theta team announced that it was delaying the mainnet launch until the end of June.
By early Thursday morning, Theta had lost a quarter of its value — falling from a token price of $14.43 down to $10.73.
The cause of the mainnet delay appears to have been a late code review, and a last-minute decision to include an NFT marketplace in the upcoming upgrade.
“Key partnership opportunities in the NFT space have required us to devote resources to building out the upcoming Theta NFT marketplace in a broader approach, and incorporating some of these foundational elements into Mainnet 3.0 core,” Theta stated.
Given Theta’s miraculous surge throughout the first three months of 2021, it is perhaps unsurprising that the token price finally dipped. The token recorded 961% growth between Jan.1 and March 24, as its dollar value rose from $1.36 to $14.43.
Forming one half of a two-token system, Theta’s sister token, Theta Fuel (TFUEL), also recorded significant growth during the last three months. The TFUEL price surged 1,921% since Jan. 1, but by Thursday morning it too had lost a quarter of its value, dropping 25.6% overnight.
Notably, four hours after Theta and Theta Fuel had each lost 25% of their values, both were subject to a sizable bounce, regaining 17% and 20% respectively.
As blockchain technology increasingly becomes part of the mainstream conversation, its integration with today’s most used technologies is bound to increase. This means that it’s only a matter of time before video streaming, digital music and social media see gradual blockchain integrations take place.
Audius (AUDIO) is one project that is chasing the first-mover advantage in the music streaming sector. The music-sharing and streaming protocol facilitates transactions between creators and listeners, making it relatively effortless for users to distribute and monetize audio content.
The project has received increasing attention for its approach to decentralizing the music industry and on March 2 the team celebrated reaching 3 million monthly active users.
Data from Cointelegraph Markets and TradingView shows that the price of AUDIO surged 108% since the start of March from a low of $0.38 to a new all-time high of $0.79 on March 4 as the altcoin’s trading volume spiked from $3 million to a record $55 million.
AUDIO/USDT 4-hour chart. Source: TradingView
Staking incentives drive user adoption
The first major increase in users followed the project’s October 2020 launch and the activation of staking on the Audius platform in December. This enabled AUDIO holders to earn a 7% yield for tokens that were staked on the network while they listening to music and interacted with the protocol.
By the end of January, the platform had 1.8 million active users and a total of 122 million AUDIO tokens staked on the network. These figures have since increased to 3 million users and a total of 182.5 million staked AUDIO as the platform continues to integrate new features that incentivize community involvement.
VORTECS™ data from Cointelegraph Markets Pro began to detect a bullish outlook for AUDIO on Feb. 28, prior to the recent price rise.
The VORTECS™ score, exclusive to Cointelegraph, is an algorithmic comparison of historic and current market conditions derived from a combination of data points including market sentiment, trading volume, recent price movements and Twitter activity.
VORTECS™ Score (green) vs. AUDIO price. Source:Cointelegraph Markets Pro
As seen in the chart above, the VORTECS™ score for AUDIO hit a peak of 69 on Feb. 28, just before the start of a prolonged uptrend in price which was further identified by a VORTECS™ score of 80 on March 1. After pulling back over the next 3 days the score again spiked to 70, just hours before a significant rise in the price of AUDIO.
On March 5, the project revealed its plans to integrate non-fungible tokens (NFT) into the protocol as part of its effort to offer a full-service decentralized platform and expand its user base.
NFTs have become a hot topic in the cryptocurrency sector in recent months, and their integration into the AUDIO platform is likely to bring a renewed wave of interaction from users.
As blockchain technology continues to become more prominent in mainstream society, Audius appears well-positioned to become a leader in the streaming music space thanks to a rapidly expanding user base and a growing list of incentives that entice users to stay active on the platform.
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.
Two U.S. lawmakers have published an open letter to Tron founder Justin Sun and DLive CEO Charles Wayn in the wake of the Capital riots—asking them to explain how they moderate extremist and white supremacist content.
The letter was published by U.S. lawmakers Reps. Raja Krishnamoorthi (D-Ill.) and Jackie Speier (D-Calif.) on Feb. 9 and it also specifically asked Sun and Wayn whether DLive identified any crypto donations from foreign entities to the individuals present on Jan. 6 at the Capitol Riots.
The pair of U.S. lawmakers—who are part of the House Select Committee on Intelligence—published the open letter on The Verge on Tuesday amd asked Sun and Wayn to explain how they plan to prevent extremist content from being broadcast on the crypto streaming platform in the wake of last month’s attempted insurrection in Washington at the confirmation of President Joe Biden.
The US representatives asked for Sun and Wayn to explain in detail how DLive, the decentralized video streaming alternative to YouTube, can protect younger users from extremist content and whether the company has any methods to identify bad actors financing extremist content.
DLive is a decentralized video streaming platform that aims to disrupt the existing monopolized video streaming services on the internet, which are dominated by a few market players such as Twitch and YouTube. DLive is a subsidiary of BitTorrent, which was acquired by Justin Sun’s Tron Foundation in 2018. Users are paid through crypto from their viewers when the content creator stream videos.
During the Capitol hill insurrection in January, several far-right extremists leverage DLive to live stream their attack on the Capitol building. DLive CEO Wayn announced after the domestic attack that only gaming content would be able to receive payments.
Several of the live streaming extremists on DLive were arrested following the attacks and the open letter addresses these users, it reads:
“Several of these individuals earned thousands of dollars in DLive’s digital currency that day, and a number received large donations through the platform ahead of the event. One individual received $2,800 in a live stream on January 5th, 2021, in which he encouraged his viewers to murder elected officials.”
The letter also asks:
“Did DLive or BitTorrent identify any foreign-based blockchain donations to individuals who were subsequently removed from the platform after the January 6th Capitol riots?”
The two US lawmakers who authored the letter are part of the House Select Committee on Intelligence—one of the congressional committees looking at how the Capitol Riot insurrection occurred and whether crypto played a role in financing it.
A hearing will be held later this month by the House Financial Services Subcommittee on the financing of domestic terror following the Jan. 6. Insurrection on Capitol Hill where the discussion will likely focus on a $500,000 transaction in Bitcoin made by a French extremist and blogger to pay right-wing figures who appear to be heavily involved in the attack.
