Crypto mainstream adoption: Is it here already? Experts Answer, Part 2

Hatu is the co-founder and chief strategy officer of DAO Maker, which creates growth technologies and funding frameworks for startups while simultaneously reducing risks for investors. “Yes, and without a doubt, crypto’s mass adoption has begun at the grassroots levels, with retail users increasing by the day. The outlook toward crypto, as an investment, is …

The Vitalik I know: Dmitry Buterin

This is part two of an extensive interview with Dmitry Buterin, looking at his relationship with Vitalik and his insights as a father. For Part 1, which detailed his own fascinating life story, click here. Dmitry Buterin recalls the day in 2013 when his son Vitalik showed him the Ethereum white paper at their home …

Bitcoin (BTC) Price Prediction: BTC/USD Holds above $45.5k as It Struggles Below $50k

BTC/USD Trades between $45.50k and $50k as It Struggles Below $50k -December 23, 2021 Bitcoin has continued to retest the $50, 0000 resistance zone as it struggles below $50k. Bitcoin’s upward move has been restricted below $50,000 resistance after the December 4 price slump. Presently, BTC/USD is fluctuating between $45,500 and $50,000 price levels. Bitcoin …

Pakistan’s FPCCI says citizens have crypto assets valued at $20 billion

The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), Nasir Hayat Magoon, has stated that Pakistanis hold cryptocurrencies valued at around $20 billion. During a press conference, Magoon stated that this value was derived from the FPCCI’s research report. FPCCI’s president advocates for crypto regulations Magoon urged the government to put …

Hive Blockchain to mine more Bitcoin than Ether

Hive Blockchain, a public cryptocurrency exchange platform, hopes to create 670 BTC (Bitcoin) and 6,900 ETH (Ether) for the final monetary quarter ending on 31st December, witnessing a decrease and an increase from the past quarter, respectively.  In a Wednesday bulletin addressing its investors, Hive announced that from 1st October to 21st December, it has …

Bored Ape Yacht Club catches up to CryptoPunks and flip the floor price

The cost of the least inexpensive Bored Ape NFT for sale is evaluated to be $215,067 or 53.9 ETH (Ether), whereas the base asking price for a CryptoPunk is 52.69 ETH, which is as of now worth $210,239, as indicated by OpenSea.  There have been postulations about the probabilities of Bored Ape flipping CryptoPunks concerning …

Internet Computer launches Terabethia, a cross-chain protocol

Psychedelic, a Web 3.0 development studio, has announced the launch of Terabethia, a cross-chain protocol that will bridge Internet Computer and Ethereum. Psychedelic is a platform focused on developing solutions for Internet Computer. Terabethia will be a cross-chain contract communication and asset mirroring protocol that will allow users to use any ETH tokens, fungible and …

Monetary Authority of Singapore fails to approve 100 licenses

Singapore is classified as one of the most progressive and tough markets in crypto regulatory frameworks. Over 100 out of 170 firms dealing in digital assets in Singapore have failed to secure a license to operate in the country. A publication from The Nikkei cited data from the Monetary Authority of Singapore, which noted that …

Arcade raises $15M in a Series A funding round

Arcade, a decentralized finance (DeFi) marketplace and lending platform, seeks to expand its capital. The platform has differentiated itself in the DeFi sector because it supports non-fungible tokens (NFTs) financing. The platform announced that it raised $15 million on a Series A funding round. The funding round was supported by Pantera Capital, Castle Island Ventures, …

One Altcoin Is Now Mirroring Pre-Breakout Patterns of Cardano, Algorand and Bitcoin, Says Crypto Analyst

A popular crypto strategist says one decentralized finance altcoin is mimicking the patterns of other crypto assets right before they broke out. The pseudonymous crypto analyst known as Pentoshi tells his 429,500 Twitter followers that Curve Dao Token (CRV) looks like a “coiled spring wound tight.” CRV is the governance token for Curve Finance, a …

Binance introduces BNB Auto-Burn to replace quarterly burn protocol

Binance officially announced the implementation of a new Binance Coin (BNB) Auto-Burn protocol to replace its current quarterly burn mechanism.  In response to the requests of the BNB community, Binance changed its quarterly burning protocol for BNB tokens. According to Binance, this will provide more “transparency and predictability” to its community. With this, BNB will …

Telegram-verified payments bot to accept Toncoin cryptocurrency

Telegram co-founder and CEO Pavel Durov has expressed excitement about the Telegram Open Network (TON) technology still developing after Telegram officially abandoned the project last year. “I’m proud that the technology we created is alive and evolving. When it comes to scalability and speed, TON is still years ahead of everything else in the blockchain …

Bitcoin price flatlines as XRP hits $1 with ‘massive’ altcoin move set for 2022

Bitcoin (BTC) stuck rigidly to its tight range on Dec. 23 as price action continued to contradict strong buying activity. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Hodlers busy accumulating Data from Cointelegraph Markets Pro and TradingView showed BTC/USD failing to hold $49,000 after hitting 10-day highs. The pair remained stuck in a trading zone only …

Retailers to drive crypto payments adoption: Survey

Crypto payments might be the innovation companies are looking for. A recent survey by payment network Mercuryo revealed that 57% of respondents believe accepting cryptocurrency payments would give companies a competitive edge. Among the other standout statistics, more than one-third of businesses reported that customers had asked to pay in Bitcoin (BTC), Ether (ETH) or …

Arsenal FC faces regulatory heat in UK over ‘misleading’ fan token promos

The U.K. Advertising Standards Authority (ASA) has banned two ads promoting AFC, the fan token launched by famous football club Arsenal, ruling that the promos are “irresponsible” and “misleading.” “Because the ads trivialised investment in cryptoassets and took advantage of consumers’ inexperience or credulity by not making clear that CGT [capital gains tax] could be …

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