On Sunday, December 19, a dormant address that received 235 bitcoin in 2013 was activated after more than nine years of sitting idle. Bitcoin’s price has dropped lower after reaching its all-time high on November 10, and throughout December, records show a great number of so-called ‘sleeping bitcoins’ have activated during this period. Dormant Addresses …
Yearly archives: 2021
Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan
SBI Group, the financial services company group based in Tokyo, Japan, has announced the launch of a crypto asset fund that consists of seven different digital currencies. The crypto fund launched by the Japanese company includes bitcoin, ethereum, xrp, litecoin, bitcoin cash, chainlink, and polkadot. SBI Group’s New Crypto Fund Leverages 7 Different Digital Assets …
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Demand for Mining Hardware Spikes in Russia, Prices Rise
The market for crypto mining equipment in Russia has seen strong interest from buyers of both new and used devices, retail data indicates. This year, demand for application-specific integrated circuit (ASIC) machines has multiplied exponentially while video cards have been in short supply leading to rising prices. Crypto Miners in Russia Looking to Increase Computing …
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Huge Dogecoin Whale Moves $973,010,200 in Crypto in Single Transaction, Pays Just $0.76 in Fees
New data shows that a Dogecoin (DOGE) whale just moved nearly $1 billion in crypto while paying less than a dollar in transaction fees. According to Dogecoin blockchain explorer DogeChain, the deep-pocketed crypto investor relocated $973.01 million worth of DOGE to two different wallets in a single transaction. The first wallet collected 80 million DOGE …
Crypto Trader Tyler Swope Names His ‘End of Year’ Altcoins, Says Chainlink and Two Additional Assets Will Reward Long-Term Holders
Crypto trader and influencer Tyler Swope is revealing his end-of-year altcoins that he believes will reward patient HODLers. In a new video, the host of Chico Crypto tells his 304,000 YouTube subscribers that he’s got his eye on decentralized oracle network Chainlink (LINK) and two more altcoins that he says will reward their holders through …
Crypto mainstream adoption: Is it here already? Experts Answer, Part 1
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. “Just compare the overall market caps from the beginning of 2021 until today to illustrate how much crypto has grown this year. According to CoinMarketCap, on …
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6 Questions for David Chaum of XX Network
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to David Chaum, one of the earliest blockchain researchers and a world-renowned cryptographer and privacy advocate. He is the …
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Collateral damage: DeFi’s ticking time bomb
As 2021 draws to a close, the premier lineup in the DeFi landscape largely consists of synthetic asset platforms (SAPs). An SAP is any platform that enables users to mint synthetics, which are derivatives whose values are pegged to existing assets in real time. As long as oracles can supply a reliable price feed, synthetics …
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Bitcoin Price Prediction: BTC/USD Gets Ready to Break Above $48,000
Bitcoin Price Prediction – December 19 The Bitcoin price prediction shows that BTC is getting ready to break above $48,000 while the king coin continues to enjoy the recent sharp uptrend. 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 …
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Decentraland Price at $3.39 after 2.2% dips – How to buy MANA
The crypto market continues to make dips, and with most coins headed towards lower lows, any slight gains have been wiped out. Decentraland had attempted to make a breakout during the past day, but the bearish trend across the market prevented this. After holding the green zone for several days, it has since retreated to …
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Ethereum Rival Surges Over 4,400% This Year, Enters Top 10 List of Largest Crypto Assets by Market Cap
One Ethereum (ETH) rival has seen massive growth throughout 2021, weathering multiple large corrections in the general crypto market and now claims a seat in the top ten digital assets by market cap. Smart contract platform and Ethereum competitor Avalanche (AVAX) opened the year at $3.27 and hit an all-time high of $147.42 on November …
The battle of banks vs. DeFi is a win for individual crypto investors
The state of banking and finance today presents a complex labyrinth that even seasoned bankers struggle to navigate. Despite appearances, there is a method to this madness. As Nobel Prize winners like Muhammad Yunus and Joseph Stiglitz have cautioned in the past: central banking, in particular, has morphed to keep the status quo in check. …
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Bitcoin tests yearly moving average as $100K by Christmas needs ‘small miracle’
Bitcoin (BTC) prepared a showdown with a key moving average (MA) price trend on Dec. 19 with time running out for a strong 2021 close. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “I vote we bounce and stay bull” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading at $47,000 Sunday, still firmly in an …
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Polkadot envisions Web3 disruption with multiple parachain launches
Open-source blockchain platform Polkadot announced the launch of its first parachains (or parallelized chain) aimed at improving the interoperability between multiple blockchains. According to the announcement, the Polkadot team invested five years into the development of the parachains, which were allocated to teams via auctions, namely, Acala, Moonbeam, Parallel Finance, Astar, and Clover. With individual …
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Invictus Capital Announces NFT Collection to Give African Artists Global Exposure
Invictus Capital has unveiled its first non-fungible token collection, called “Out of Africa,” through the Invictus NFT Lab. Through this collection, Invictus Capital will showcase fine art via blockchain technology as well as connect artists from Africa with the rest of the world. Invictus Capital to Release NFT Collection Blockchain investment platform Invictus Capital recently …
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