A popular crypto analyst says that predictions of a Bitcoin (BTC) euphoric rise or an epic crash are both unlikely and that BTC may need to experience some pain before it can reach new all-time highs. In a new strategy session, Nicholas Merten tells his 489,000 YouTube subscribers that he does foresee Bitcoin achieving a …
Monthly archives: December 2021
What were the biggest crypto outcomes of 2021? Experts Answer, Part 2
Simon is the crypto analyst at eToro, a social trading platform that offers investing in both stocks and cryptocurrencies. “The pandemic and associated lockdown measures have turbo-charged the transition to this technology as we close out 2021. However, as the ultimate frontier between the real and virtual worlds, the metaverse represents the most likely evolution …
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Binance to finalize acquisition of Swipe, paving for CEO exit
Binance, the world’s largest cryptocurrency exchange, announced Thursday that it will acquire the remaining outstanding shares of Swipe, a prominent crypto Visa card provider. Users of Binance will be able to spend their coins at over 70 million locations worldwide as a result of the acquisition. On July 6, 2020, Binance initially announced the purchase …
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MicroStrategy purchases 1,914 Bitcoin, now holds almost $6B in crypto
Business intelligence firm MicroStrategy has added $94 million worth of Bitcoin (BTC) to its holdings after purchasing the crypto asset at an average price of $49,229. According to a Thursday filing with the U.S. Securities and Exchange Commission, MicroStrategy purchased 1,914 BTC between Dec. 9 and Dec. 29 for $94.2 million, making its total holdings 124,391 BTC. …
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Bitcoin gains after $46K drop as ‘bottoming out’ continues into 2022
Bitcoin (BTC) recovered from fresh lows on Dec. 30 as markets remained undecided on their end-of-year trajectory. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $46,000 may not mark floor Data from Cointelegraph Markets Pro and TradingView showed BTC/USD bouncing to $47,731 on Bitstamp, reversing almost all of the previous day’s losses. Prior to the Wall …
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Bitcoin (BTC/USD) Price Downsizes, Approaching $45,000 Support
Bitcoin Price Prediction – December 30There has been another round of downward motions in the BTC/USD market operations as the crypto’s price downsizes, approaching the $45,000 line. The market earlier witnessed a low of $45775. But, currently, the price trades around $46,986 at a rate of 0.62 percent in positive. BTC/USD Market Key Levels:Resistance levels: …
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Polygon quietly fixes vulnerability on PoS Genesis contract
The cryptocurrency sector is not new to cybersecurity attacks whereby threat actors exploit given vulnerabilities to compromise protocols. The latest protocol to detect a vulnerability on its network is Polygon. Polygon is a layer two scaling solution based on the Ethereum blockchain. The network has announced that it fixed a vulnerability that had compromised $24 …
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Elon Musk is Serious About Dogecoin: Still Holds BTC & ETH
Think Dogecoin is a joke? Think again because Elon Musk is seriously embracing the cryptocurrency that started off as a meme. Elon’s interest in Dogecoin is not a big secret. Tesla’s CEO even strongly shows support for that cryptocurrency at most of his public speeches. In the latest podcast hosted by Lex Fridman, Elon pointed …
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Robinhood launches beta phase for digital wallets
Robinhood is expanding further into the cryptocurrency market. The stock and crypto trading application is now seeking to launch a digital wallet feature. The feature will be unveiled at the beginning of next year. This year, Robinhood has enjoyed major growth following the exchange’s listing of Dogecoin. It became one of the leading exchanges following …
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Crypto Street Restaurant in Florida service a crypto-themed menu
Florida has unveiled a restaurant that has sparked debate for having a crypto-themed menu. Some of the enticing offerings available include hot dogs and shrimp cocktails. The menu has been inspired by a wide range of products in the crypto market, including Bitcoin, Dogecoin, Shiba Inu and even decentralized finance (DeFi). The restaurant is known …
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Cosmos Price at $28.26 after 8.1% gains – How to buy ATOM
The cryptocurrency market took a dive on December 29. Bitcoin has retreated to around $46K, and this price movement has created panic across the crypto market. However, the dips have not prevented some few altcoins from making slight gains. One of the altcoins that are still gaining despite this dive is ATOM. Cosmos is trading …
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The Next Doge Or Safemoon: Top Cryptocurrencies To Explode In 2022
Looking for the top cryptocurrencies to explode in 2022? We have selected three crypto assets for your investment portfolio. There are currently over 106 million people who possess cryptocurrencies and judging by the disruptive impact of blockchain technology, it is inevitable that more and more people will pursue this kind of investment. With the surge …
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Staking vs Yield Farming vs Liquidity Mining- What’s The Difference?
On your journey through the DeFi metaverse, you are likely to come across terms like staking, yield farming, and liquidity mining. They all refer to a client putting their resources on the side of a blockchain, DEX (decentralized exchange), shared security options, or some other potential applications that demand capital. Despite sharing a lot of …
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Polygon Resolves Bug That Risked $24B of MATIC Tokens
Working as a powerful decentralized layer two scaling channel running on Ethereum, Polygon recently saved a whopping $24B worth of MATIC tokens from a malicious bug hack. The glitch occurred at the time of the upgrade posing a serious risk for the network as well as the network users. Interestingly, the Polygon team was successful …
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Coinone will cease withdrawals to unverified external wallets
Leading cryptocurrency exchange hailing from South Korea Coinone has announced that the platform will not support withdrawals of crypto tokens to unverified external wallets from January 2022. In this regard, the Coinone team has opened a window starting from December 30 and stretching through January 23 to facilitate the registration of external wallets by users. …
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