Will decentralized storage protocols overtake the cloud storage market?

According to IDC’s “Global Enterprise Infrastructure Quarterly Tracker: Buyer and Cloud Deployment” report, the global cloud storage market is expected to reach more than $100 billion in size between 2020 and 2025. While centralized cloud storage solutions are the mainstream cloud storage technology, they have plenty of drawbacks. Frequent data leaks, server failures, centralized operational …

XBE amplifies Convex & Curve for greater rewards

Disclosure: This is a sponsored post. Readers are encouraged to conduct further research prior to taking any actions. Learn more › The XBE Hive simplifies yield for Decentralised, Institutional, and Retail Finance users by increasing rewards for the $20 billion or more in liquidity presently deployed in top decentralized finance protocols such as Curve and …

Should investors care? 80% of all NFTs belong to 17% of addresses

In October cryptocurrency analytics company Moonstream released data about the real state of the NFT market, reporting that from April through nearly the end of September 16.71% of all NFT holders on Ethereum owned 80.98% of all NFTs. The company analyzed more than 700,000 addresses and more than 7 million tokens. Therefore, the sample size …

Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts

Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms in Iran to Shut Down During Winter Expecting energy needs across …

UAE to Jail Promoters of Fraudulent Cryptocurrency Schemes for Five Years, Offenders to Pay Over $270K in Fines

Fraudsters promoting online cryptocurrency scams in the United Arab Emirates (UAE) now face a possible five-year jail sentence plus a fine of up to $272,000, according to a report. The new measures, which are set to take effect on January 2, 2022, are part of the government’s effort to protect people from online scams. New …

Meme Token Economy Climbs 14% in 2 Weeks — DOGE, SHIB Command 83% Dominance

Toward the end of this week, crypto-assets rebounded in value after meandering for two weeks and consolidating. While specific tokens like decentralized finance (defi) coins, metaverse tokens, and smart contract coins improved a great deal, the meme-token economy increased in value as well, as a number of meme coins like dogecoin, shiba inu and dogelon …

Dogecoin Developers Publish First-Ever Roadmap for Meme Crypto DOGE, Say Utility Is Way to Adoption

The developers of meme crypto asset Dogecoin (DOGE) are publishing the coin’s first-ever roadmap eight years after its initial launch. In an update posted on the Dogecoin Foundation website, DOGE developers say that utility is the key to the meme coin’s adoption, leading them to announce four new DOGE projects. The first project involves the …

7 NFL players that chose crypto over cash salaries

For NFL fans, 2021 was a great year. Stadiums returned to capacity crowds after the 2020 season was shortened with limited attendance. Stadium parking lots were again filled with the enthusiastic anticipation of tailgaters and their barbequed camaraderie.  It was also a great year for Bitcoin (BTC) investors as the largest cryptocurrency by market capitalization …

Bitcoin Price Prediction: BTC/USD Couldn’t Break Above $51,000

Bitcoin Price Prediction – December 26 The Bitcoin price prediction reveals that BTC is showing signs of market correction as its price moves below $50,000 to touch the low of $49,460. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $55,000, $57,000, $59,000 Support Levels: $47,000, $45,000, $43,000 BTCUSD – Daily Chart Buy Bitcoin …

US Senator To Introduce New Comprehensive Crypto Bill Next Year: Report

A US Senator known for her crypto advocacy is reportedly planning to introduce a bill next year that would overhaul how regulators treat digital assets. Republican Senator Cynthia Lummis of Wyoming, who herself owns Bitcoin (BTC), intends to propose a sweeping bill in 2022 that would change how crypto assets are taxed and categorized, according …

Watch for This Bullish Under-the-Radar Catalyst for Ethereum in 2022, Says Macro Analyst Lyn Alden

Macro investment strategist Lyn Alden is naming an overlooked factor that could catalyze Ethereum’s surge (ETH) in 2022. In a new interview on YouTube channel Investing Made Simple, Alden explains why the amount of ETH locked in the Ethereum 2.0 staking contract serves as a bullish indicator for the second-largest crypto asset by market cap.   …

Crypto․com CEO Kris Marszalek Accuses Coinmarketcap․com of ‘Arbitrarily Reducing’ Exchange Rankings

Crypto․com CEO Kris Marszalek has an issue with coinmarketcap.com’s exchange volume rankings, according to a tweet he published on December 25. Marszalek claimed in his tweet that the popular crypto aggregation website “arbitrarily reduced” the exchange’s ranking. Crypto․com CEO Complains About Coinmarketcap․com’s Exchange Rankings A recent tweet stemming from the CEO of Crypto.com’s Kris Marszalek …

Investors in Collapsed South African Crypto Platform Reimbursed a Portion of Invested Funds

Investors in Africrypt, the now-defunct South African crypto platform, were recently reimbursed a portion of their invested funds. The payments were made by Pennython Project Management LLC as part of a settlement offer that potentially ends claims against Africrypt’s runaway directors. White Knight Investor Identity Revealed Investors in Africrypt, a collapsed South African cryptocurrency investment …

What You Can Create With a Small Piece of Land in the Metaverse

Everybody inside and outside of the metaverse world knows that land ownership is important, and acquiring a plot of land is a very traditional investment. What most people outside of the metaverse world don’t quite understand — or are still not convinced of — is why people want to become landowners in the metaverse, and …

These Crypto Entrepreneurs Will Be the Most Profitable Over the Next Decade: MicroStrategy CEO Michael Saylor

MicroStrategy CEO Michael Saylor says one particular type of crypto-related business will be the most successful over the next 10 years. In a new interview, Saylor says that compliant custodial businesses who provide access to Bitcoin will likely earn the most from crypto in the next decade.  “People chronically underinvest in businesses that are centralized, …

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