A closely followed crypto strategist and trader is predicting a strong Bitcoin bounce – but warns that the recovery won’t happen in a straight line. Pseudonymous crypto analyst Credible tells his 282,400 Twitter followers that he believes Bitcoin (BTC) has carved a local bottom and is now poised to ignite a relief rally. “There is …
Yearly archives: 2021
HoDooi founder Matt Luczynski believes “NFT will be the key to unlocking Web3”
HoDooi.com (HOD) is a multi-chain marketplace for non-fungible tokens (NFTs) launched by Travala.com Co-founder Matt Luczynski. The one-stop-shop NFT platform debuted with its Tyson Fury collection back in July, and CryptoSlate caught up with HoDooi’s founder and CEO to discuss some of the most notable milestones achieved since, as well as what’s on the agenda …
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BIS Exec Says Defi Is a ‘Wake-up Call’ for Regulators, Global Crypto Policy Expected in 2022
A Bank of International Settlements (BIS) executive, Benoît Cœuré, says that crypto is “growing very fast” and ”becoming mainstream in different ways.” Emphasizing that decentralized finance (defi) is a “wake-up call” for financial regulators, he said countries “are likely to agree on a global framework for crypto next year.” BIS Officer Sees Defi as a Wake-up …
Bank of Russia Has Tools to Restrict Crypto Investments, Governor Hints
The Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina has recently indicated that the regulator has the means to restrict them. Nabiullina Insists Bank of Russia Can Limit Investments in Crypto Assets Russia’s monetary …
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DOGE and SHIB Led the Pack of Meme-Based Assets in 2021, Both Tokens Dominate 85% of the Meme-Coin Economy
The end of 2021 is approaching and the market capitalization of meme-based digital currencies like dogecoin and shiba inu has been extremely prominent this year. In fact, the $46.9 billion worth of meme crypto-assets represents 2% of the $2.32 trillion crypto economy. Dogecoin and shiba inu alone capture roughly 85.28% of the meme crypto market …
Crypto Markets Ready for Santa Rally? Top Trader Predicts When BTC and Digital Assets Will Ignite Recovery
A widely followed trader is having a close look at the state of Bitcoin to determine when the leading cryptocurrency can launch the next leg of its bull cycle. Top crypto trader Light dissects the sell-side catalysts that pushed Bitcoin (BTC) from the all-time high of around $69,000 to its 30-day low of $42,874. According to …
Crypto Analyst Justin Bennett Predicts Reversal Scenarios for Bitcoin and One Enterprise Blockchain Altcoin
Closely followed crypto analyst Justin Bennett is predicting how Bitcoin and one more altcoin will reverse out of their corrections and back into bull territory. Bennett tells his 95,0000 followers on Twitter that Bitcoin could form a double bottom structure after retesting its December 4th lows near $40,000 before launching a rally above $60,000. “I’d still …
Carbon-neutral Bitcoin? New approach aims to help investors offset BTC carbon emissions
Billion-dollar companies across the globe are betting big on Bitcoin (BTC). Recent analysis from European investment manager Nickel Digital Asset Management found that 20 publically listed companies with a market capitalization of over $1 trillion have about $9.6 billion invested in BTC. Individual investors are also taking an increasing interest in the asset. The “Third …
Celebrities that rode the crypto wave in 2021
Overshadowing its glory in previous years, the crypto ecosystem managed to maintain a year-long spotlight throughout 2021. Key catalysts include mainstream adoption of Bitcoin (BTC), a meme coin frenzy driven by Shiba Inu (SHIB) and Dogecoin (DOGE), and proactive participation from popular celebrities and authority figures. The year 2021 witnessed a greater inflow of influencers …
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Crypto Gifting: Cash App, Robinhood and Others Are Offering the Feature
Some of the top trading apps are offering crypto gift features. Two of the most notable Bitcoin trading apps, Robinhood and Square’s Cash App, appear to be introducing crypto gifting features. On Dec. 13, Bloomberg reported that Robinhood’s app contains code that allows users to send cryptocurrency to one another via redeemable digital gift cards. …
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Bitcoin Price Prediction: BTC/USD Short-term Bears Target At $46,000
Bitcoin Price Prediction – December 19 The Bitcoin price prediction shows BTC falling after consolidating, but buying interest may pick up if the price approaches $45,000. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $52,000, $54,000, $56,000 Support Levels: $43,000, $41,000, $39,000 BTCUSD – Daily Chart Buy Bitcoin Now During the European session …
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Here’s a Realistic Long-Term Ethereum Price Prediction, According to Crypto Analyst Benjamin Cowen
Crypto analyst and trader Benjamin Cowen is revealing what he thinks is ahead for Ethereum (ETH) moving into 2022. In a new strategy session, Cowen tells his 663,000 YouTube subscribers that Ethereum has been in a consolidation phase for the better part of 2021. To get an idea of what could happen next for ETH, …
Inside the blockchain developer’s mind: Proof-of-burn blockchain consensus
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key issues they intend to solve, and outlined three of the …
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The NFT world is gradually bridging the gap between niche and mainstream
It is no secret that nonfungible tokens (NFTs) are still a niche subject. Despite their rapid surge in popularity during 2021, there is still a significant percentage of people who do not know what an NFT is. Reflecting on the graph below, it is evident that a lot of work needs to be done for …
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India’s top bank calls for complete crypto ban
With authorities in India still unsure on how to deal with the crypto industry, the apex bank of the Asian country has reportedly made it clear that it would prefer the country to tow the China path by completely banning crypto. RBI insists on banning crypto According to the Economic Times, the bank made this …
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