Bitcoin Is New Gold For Millennials, Says Wharton Finance Professor

Bitcoin (BTC), the world's most valuable cryptocurrency, has replaced gold as an inflation hedge for young investors, according to Wharton's professor of finance. Wharton School finance professor Jeremy Siegel said in a CNBC Squawk Box interview on Friday that gold's performance was "disappointing" in 2021. On the other hand, BTC has been increasingly emerging as an inflation hedge among younger investors.

CNBC Survey Shows That Generation Y Will Buy More Cryptocurrencies In the Next 12 Months

CNBC's biannual survey has revealed that America's youngest millionaires are more optimistic about entering 2022 than the older generation. Generation Y expects earnings in risky markets, especially stocks and cryptocurrencies, to continue next year.

Bitcoin Hashrate Hits New All-Time High

Bitcoin is now as secure as ever after the network's hashrate soared to a new record of 203.5 exahashes per second (EH/s) on January 2, according to data from Bitinfocharts. Hashrate is a measure of the computational power per second used when mining. The higher the hash rate, the more secure the network will be, as the computational power required to attack Bitcoin also increases.

Samsung Adds NFT Support to 2022 TV Models

Electronics giant Samsung is adding support for NFTs to its 2022 TV lineup, including a Smart TV-based NFT marketplace. According to a press release from the South Korean electronics manufacturer, "In 2022, Samsung is introducing the world's first TV-based NFT marketplace... It will be a platform that will allow you to browse, buy and view those artworks in one place."

Nearly $34 Billion Worth of ETH Locked in the Ethereum 2.0 Deposit Contract
According to the latest data, the total amount of Ether (ETH) locked in the Ethereum 2.0 deposit agreement is rapidly approaching nine million. This means that more than 7% of the total ETH supply is currently staked in the ETH 2.0 contract.