A closely followed crypto strategist is saying that Ethereum rival Solana (SOL) and another altcoin have already carved bottoms. Crypto analyst Smart Contracter tells his 197,800 Twitter followers that he expects smart contract platform Solana to resume its uptrend after its sharp correction from the all-time high of $259.96. “SOL trying hard to make a …
Yearly archives: 2021
From DeFi year to decade: Is mass adoption here? Experts Answer, Part 2
Sameep is the founder of QuickSwap, a decentralized exchange on Polygon that allows users to swap, earn, stack yields, lend, borrow and leverage, all on one decentralized, community-driven platform. “My answer here will be similar to the last one. Absolutely — in 2020 and 2021, DeFi experienced mass growth. More and more people realized the …
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Pakistanis have $20B in crypto assets, says head of local association
Nasir Hayat Magoon, The President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has stated that Pakistani citizens have a combined crypto assets value of $20 billion. During a news conference, the FPCCI president said that Pakistanis’ digital currency valuations are based on the chamber’s research paper, as per a local report. He …
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Powers On… Top 5 crypto legal and regulatory developments of 2021
While still leading the securities litigation, hedge fund and SEC defense national practices at my last law firm, BakerHostetler, my practice team members and I would prepare an annual list of key developments and cases in the area each December. It was usually a top 10 list that was then published by Wolters Kluwer in …
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Opera to integrate with Polygon, opening dApp ecosystem to 80M users
On Wednesday, Opera, an internet browser with Web 3.0 application support and a built-in crypto wallet, announced an upcoming integration with Polygon (MATIC). The integration, which is scheduled to go live in the first quarter of 2022, will first open Polygon’s ecosystem to Opera’s over 80 million users on the Android mobile, then to the …
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Are NFTs Harmful to the Environment? The Energy Efficiency Debate
NFTs became popular this year, but they also raised concerns around energy efficiency and environmental impact. Energy efficiency and ecological sustainability have historically been an issue for the crypto and blockchain industry. The matter came to a head circa 2016 when the University of Cambridge published the Bitcoin Electricity Consumption Index and Digiconomist created its …
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LHV Bank of Estonia to Offer Bitcoin Trading to its Clients
One of the largest banks of Estonia, LHV Bank, has recently made an announcement noting that it would be offering clients access to crypto trading services. This will make LHV bank the first one in the country to offer such services to its clients. The clients of the bank will have the opportunity to trade …
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Learn the truth behind customizable non-fungible tokens
2021 is almost on the verge of ending and you might have observed the rising popularity of non-fungible tokens and NFT wallet. Just like cryptocurrency, people can sell or buy these tokens on specialized platforms including Nifty Gateway, OpenSea, Mintable, and Rarible. So, what exactly is an NFT and how can you sell them to …
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Crypto.com joins Angel City Football Club of Los Angeles
Leading cryptocurrency exchange known for offering best-in-class trading services to crypto fans, Crypto.com has entered into a collaboration with Angel City Football Club of Los Angeles. With this deal, Crypto.com is looking forward to expanding its brand presence and supporting deeper proliferation within the United States. The exchange released an official statement on Tuesday to …
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Interlay supports $6.5M to aid Bitcoin DeFi interoperability
Interlay, the globally-acclaimed platform in the field of blockchain interoperability has achieved a milestone by pooling $6.5M in funding led by DFG Capital. The collected funds will be employed by Interlay to expand the operational capacities of its open-source network and gain more support from the DApp developer community. With the newly-accumulated capital, Interlay will …
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Top Crypto Analyst Says History Repeating Itself, Predicts Rallies in Bitcoin and One Additional Altcoin
Popular crypto analyst Michaël van de Poppe thinks history is repeating itself and that Bitcoin (BTC) will have a market rally in the coming months. Van de Poppe tells his 536,400 Twitter followers that the crypto market will continue to bottom this month into January before altcoins begin a run in Q1 of 2022, followed …
China’s state-run news agency to launch NFT collection
In an announcement made on Wednesday, China’s official Xinhua News Agency will issue its first series of nonfungible token (NFT) collectibles. The move is a thumbs up to blockchain technology previously shunned by the People’s Republic of China (PRC). In an official notice, Xinhua plans to publish 10,000 copies of 11 photos taken by journalists …
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Missed out on hot crypto stocks in 2021? It paid just to buy Bitcoin and Ethereum, data shows
Bitcoin (BTC) may have fluctuated in price this year, but BTC remains a better play than the biggest crypto stocks. New data currently circulating shows that for all the growth in the industry surrounding Bitcoin, it still pays simply to buy and hold. Stocks fail to compete with BTC, ETH Looking at the stock performance …
Bitcoin nears $50K — Here are the BTC price levels to watch next
Bitcoin (BTC) neared $50,000 on Dec. 22 as hopes began to appear that the price correction could be over. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Get bullish once $50,500 breaks — Analyst Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hit highs of $49,600 on Bitstamp — its highest since Dec. 13. A cross-crypto …
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5 Best Cryptocurrency for a Price Rebound December 2021
The cryptocurrency market is regaining ground after a bad few days. Its total cap has risen by 5% in the past 24 hours, to $2.41 trillion. Most major coins have risen along with the market, with bitcoin (BTC) and ethereum (ETH) increasing 2% and 5% in the past week, respectively. In honour of this resurgence, we’ve …
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