Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. As the crypto community filled its crypto stockings for the holiday season, the Grinch emerged to gift a grimacing fate to two DeFi platforms, stealing their festive spirit and a whole lot of dollars. Reading this article, you’re only receiving a portion of the content …
Yearly archives: 2021
Looking into the NFT crystal ball of 2022
The days when NFTs were solely about cartoonish penguins and mutant apes are gone. As 2022 approaches, conversations around non-fungible tokens have extended far past the early head-scratching questions (What are NFTs Anyways?) and fire-stoking long reads (Are NFTs Just a Fad?). Following the billions of dollars generated, institutional adoption, and verifiable social movements born …
Continue reading “Looking into the NFT crystal ball of 2022”
30 Day NFT Sales Continue to Run Hot With Punks and Apes, Metaverse Trade Volume Skyrockets
The number of recorded non-fungible token (NFT) sales during the last 30 days consisted of roughly 362,374 sales. During the past 30 days, the leading NFT marketplace Opensea processed $2.39 billion, up 22.88% since last month. Decentraland volume jumped 192% since last month reaching more than $28 million in sales. NFT and Metaverse Steam Continues …
Former Finance Secretary Doubts Indian Government Understands Crypto
The Indian government has not introduced the cryptocurrency bill that was listed to be taken up in the winter session of parliament. Former Finance Secretary Subhash Chandra Garg says he has no confidence in the ability of the Indian government to figure out crypto. Garg headed the inter-ministerial committee that drafted the original crypto bill …
Continue reading “Former Finance Secretary Doubts Indian Government Understands Crypto”
Bybit’s Jolly Jamboree: Trade and Win Tesla Model 3, iPhone 13 and More
sponsored ‘Tis the season of giving and Bybit, one of the world’s fastest growing cryptocurrency exchange and trading platforms, wants to give back to its users. Users can now celebrate Christmas with Bybit through Jolly Jamboree, where they can win amazing prizes by completing a series of simple tasks. The festive assortment of gifts in …
Continue reading “Bybit’s Jolly Jamboree: Trade and Win Tesla Model 3, iPhone 13 and More”
Mid-Cap Ethereum Competitor and Three Altcoins Entering Areas of Interest, Says Crypto Analyst Michael van de Poppe
Cryptocurrency analyst and trader Michael van de Poppe is examining the potential entry points for one mid-cap Ethereum challenger and two additional altcoins. In a new video, Van de Poppe tells his 156,000 YouTube subscribers that he’s keeping a close watch on Algorand (ALGO), a cryptocurrency for payments and a blockchain for decentralized finance applications. …
Will XRP’s Primary Competitor Outperform Crypto Markets in 2022? Coin Bureau Updates Outlook on Stellar Lumens (XLM)
The host of crypto channel Coin Bureau is unveiling his outlook for Stellar (XLM) next year after the XRP competitor’s lackluster performance in 2021. In a new video, pseudonymous analyst Guy tells his 1.78 million YouTube subscribers that while Stellar (XLM) doubled in price this year, the altcoin’s gains are “peanuts” compared to the performance …
Price analysis 12/24: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE
Bitcoin (BTC) bounced back above the psychological level at $50,000 and the S&P 500 hit a new all-time closing high on Dec. 23, suggesting that the panic selling caused due to the omicron variant is subsiding and the much-awaited “Santa rally” may have started. Data from on-chain analytics firm Glassnode shows that about 100,000 Bitcoin …
Continue reading “Price analysis 12/24: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE”
Make a wish: New Year’s resolutions from crypto industry insiders
As the new year rapidly approaches, people are thinking about what they can do to make 2022 even better than 2021. With so much anticipation for cryptocurrency in the coming year from government policymakers and market action, it’s no wonder that some in the crypto industry have ambitious resolutions for the new year with how …
Continue reading “Make a wish: New Year’s resolutions from crypto industry insiders”
Dogecoin Foundation works with Ethereum co-founder on DOGE staking
The Dogecoin Foundation, a non-profit organization behind the meme-based cryptocurrency Dogecoin (DOGE), is working on a staking mechanism in collaboration with Ethereum co-founder Vitalik Buterin. The Foundation on Thursday released its Dogecoin Trailmap or a “dog-walk” that the Dogecoin Foundation is committed to exploring and which it believes would contribute to Dogecoin’s success. As part of …
Continue reading “Dogecoin Foundation works with Ethereum co-founder on DOGE staking”
Bitcoin ‘Santa rally’ pauses at $51.5K as funds bet on a sub-$60K BTC price for January 2022
Bitcoin (BTC) lost momentum at $51,500 on Dec. 24 as traders weighed the odds of a “Santa rally” coming true for Christmas. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC sees potent long-term retest Data from Cointelegraph Markets Pro and TradingView saw BTC/USD preserve its gains from Dec. 23, these totaling 6% with resistance most recently …
Bitcoin Price Prediction: BTC/USD Bears run out as Bulls Set Target at $52,000
Bitcoin Price Prediction – December 24 The Bitcoin price prediction keep on pushing towards the north as the king coin has not lost sight of $51,000 despite the rejection of $51,527. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $55,000, $57,000, $59,000 Support Levels: $45,000, $43,000, $41,000 BTCUSD – Daily Chart Buy Bitcoin …
Continue reading “Bitcoin Price Prediction: BTC/USD Bears run out as Bulls Set Target at $52,000”
Binance launches a new BNB burn protocol
The native token for the Binance ecosystem, Binance Coin (BNB), has been under much activity lately, contributing to its rising values. Now, Binance has announced that a new BNB Auto-Burn protocol will be launched to replace the currently quarterly burn process. Binance stated that this had happened after many requests from the Binance community. The …
Key Aspects of Blockchain Technology in Web 3.0
The Internet is undoubtedly one of the most important components of practically everyone’s existence on this planet. In fact, it’s challenging to fathom living without access to the Internet. Furthermore, a global pandemic has demonstrated the importance of the Internet in times of unexpected disaster. However, today’s Internet is pretty confusing in terms of data …
Continue reading “Key Aspects of Blockchain Technology in Web 3.0”
Toncoin to be accepted by Telegram-verified payments bot
Telegram’s co-founder and CEO Pavel Durov has surprised the crypto fans with his latest post highlighting the return of the revamped version of the Telegram Open Network (TON) project. The technology is all set to hit the crypto market with a new brand name ‘Toncoin’ and will offer unmatched scalability to the crypto users. The …
Continue reading “Toncoin to be accepted by Telegram-verified payments bot”