For those that have been around crypto for several years, there is a high chance that they have heard the phrase: “institutions are coming.” At some point, it even became an overused meme by investors making fun of the high hopes of part of the market over the appreciation of the price of Bitcoin. Prior …
Yearly archives: 2021
Polygon and Alexis Ohanian’s VC firm launch a $200 million fund for Web3 social media
Polygon has partnered with Seven Seven Six to create a $200 million initiative that will back Web3 projects building social media. Seven Seven Six is a venture capital firm founded by Alexis Ohanian, the co-founder of Reddit, boasting a portfolio ranging from blockchain gaming startups to reusable rocket manufacturers. Polygon is putting in the big …
Indian Central Bank RBI Favors Complete Crypto Ban, Says Partial Ban Won’t Work
India’s central bank, the Reserve Bank of India (RBI), has reportedly told the central board of directors that it favors a complete ban on cryptocurrencies, stating that a partial ban will not work. The central bank reiterates that it has serious concerns regarding crypto. Meanwhile, the Indian government is reportedly making additional changes to the …
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China Censors Crypto-Themed Short Videos Shared Online
An industry organization controlled by the Chinese government has updated a list of topics users of video-sharing apps should avoid. Crypto-related content is now among the entries along with traditional taboos in China like mocking its leadership, provoking sectarianism, and showing sex. Clips on Crypto Trading, Mining Banned in China The China Netcasting Services Association …
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Crypto Owners in Serbia Reach 200,000 as Country Regulates Digital Assets
The number of cryptocurrency holders in Serbia has climbed to around 200,000 with interest in cryptocurrencies increasing alongside growing crypto markets. The country’s decision to legally recognize digital assets this year has also contributed to their increasing popularity. Law on Digital Assets Puts Serbia on Crypto Map Recently adopted regulations and genuine investor interest have …
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Here’s How High Polygon (MATIC) Could Soar in 2022 and Beyond, According to InvestAnswers
One analyst is setting 2022 price targets for a layer-2 scalability solution that’s already had a breakout year. In a new strategy session, James Mullarney of financial education YouTube channel InvestAnswers tells his 377,000 YouTube subscribers where he thinks Polygon (MATIC) is headed after the project made several large acquisitions. “I took into account some …
From DeFi year to decade: Is mass adoption here? Experts Answer, Part 1
Dominik is the co-founder and chairman of the Iota Foundation, an open-source distributed ledger and cryptocurrency designed for the Internet of Things. “The biggest difference between crypto in 2017 and crypto in 2022 is the establishment of tangible business models and use cases within our ecosystem thanks to DeFi. We no longer have to wait …
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Ho-ho-hodl: Crypto-themed gifts that have you covered during the Holidays
Tis’ the season of giving and with Christmas right around the corner, it’s time to get the holiday shopping out of the way. With the digital asset market having matured as much as it has, there are now crypto enthusiasts in virtually every family and friend circle across the globe. In this festive piece, we’ve …
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Bitcoin ‘death cross’ that pushed BTC price to $28.8K reappears
A technical sell signal is about to appear on the Bitcoin (BTC) daily chart. On Dec. 18, the BTC price will experience a death cross, a market indicator that occurs when a short-term moving average slips below a long-term moving average. In this case, Bitcoin’s 20-day exponential moving average (20-day EMA) will close below its …
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2021: The dawn of democratized launchpads
Those that were around in 2017 likely remember the initial coin offering (ICO) craze, which saw swathes of new projects emerge — many of which generated staggering returns for participants in a matter of weeks or months. Although many ICO-funded projects turned out to be duds, a small proportion grew and evolved to become the …
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Bitcoin Price Prediction: BTC/USD May Retrace Above $47,000
Bitcoin Price Prediction – December 18 The Bitcoin price rebounds from the early dip at $45,515 as the buying interest may increase on approach to $48,000. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $50,000, $52,000, $54,000 Support Levels: $42,000, $40,000, $38,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD is moving bearishly …
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Bitcoin reaches all-time high against the Turkish Lira
Bitcoin could be losing compared to the US dollar, but it is gaining against the Turkish Lira. The primary cryptocurrency is heavily being endorsed in Turkey as a store of value because of the rising inflation rates. Turkey is currently witnessing a sharp decline in interest rates, attributed to the declining value of the Turkish …
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Reddit makes a confidential filing with the SEC for an IPO
Reddit, a popular social media platform mainly linked to the meme stock frenzy, will be going public. On Wednesday, the firm confirmed that it had filed a confidential application for an initial public offering with the US Securities and Exchange Commission (SEC). This is not unexpected because, in September, it was reported that the platform …
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Shopify Plus Merchants to mint and sell NFTs through GigLabs
GigLabs, a blockchain firm that works with brands to boost their presence in the non-fungible token (NFT) sector, has announced the launch of the GigLabs NFT app for Shopify app users. The app will be available to merchants on Shopify Plus, which will allow them to create and sell NFTs on their Shopify stores. Moreover, …
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Two new major projects added to VanEck’s ETN offering
VanEck, a global investment manager, has been trying to get the US SEC to approve of its Bitcoin ETF (Exchange Traded Fund) plans for years now. However, after being turned down time and time again, the company started getting more into ETNs (Exchange Traded Notes), which. So far, it had a lot more success with …
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