DAY LONG NEWS ROUNDUP: LATEST NEWS 13/12/21

Stuck in your everyday hustle and have no time for keeping a track of the crypto field? Well, if this is your problem then we can be your perfect partner. Here, we have listed some of the most important news articles of the crypto industry for you to keep yourself updated. Following the BTC scam, …

Metaverse: What’s happening in Crypto and Gaming?

The phrase “metaverse” is no longer exclusive to science fiction. It’s not unusual for technology to modify our lives without warning. The internet, cloud, and smartphone, to mention a few, all had a place in science fiction before they arrived in the real world. The “next great thing” in the internet world is almost indeed …

Over Half of Institutional Investors Calling for Crypto Correction in 2022, According to New Global Research

More than 50% of institutional investors expect crypto markets to correct next year, according to a new global study. Natixis Investment Managers, an asset manager with $1.39 trillion in assets under management, published a global survey involving 500 institutional investors from 29 countries across North America, Latin America, the United Kingdom, Continental Europe, Asia and …

Whales Are Amassing Two Ethereum-Based Altcoins As Bitcoin and Crypto Consolidation Continues

The largest whales in the Ethereum ecosystem are heavily loading up on two low-cap tokens as the crypto markets continue to consolidate. The latest figures from whale-tracking website WhaleStats are showing the current holding habits of the 1,000 largest non-exchange Ethereum (ETH) addresses. The platform compiles a list of the top 10 holdings of the …

Myanmar shadow government declares stablecoin USDT an official currency

Myanmar’s shadow government, the National Unity Government (NUG), led by the supporters of jailed leader Aung San Suu Kyi, has declared U.S. dollar-based stablecoin Tether (USDT) as an official currency for local use.  As per a report published in Bloomberg, the NUG will accept Tether for its ongoing fundraising campaign seeking to topple the current …

‘Monster bull move’ means whales could secure the next Bitcoin price surge

Bitcoin (BTC) whales are the center of attention this week as buying and selling habits split the BTC price narrative. New findings from on-chain analytics firm CryptoQuant show derivatives investors leading the way when it comes to bullish bets on Bitcoin. “Sick” BTC price indicator favors bulls The second half of November produced a marked …

Solana on-chain development increases after a recent DDoS attack

Solana — whose native crypto, SOL, is the fifth-largest cryptocurrency by market capitalization — is leading on-chain development charts despite a recent distributed denial-of-service (DDoS) attack. As per Santiment data, Solana surpassed the daily GitHub submission rates of Polkadot and Cardano to become the leading blockchain over the past month. The number of daily GitHub …

Only 10% of the Bitcoin supply left to mine

Total circulating Bitcoin (BTC) hit a significant milestone on Monday morning, one and a half years after the last Bitcoin halving, as 90% of the maximum total supply has been mined. Current data from Blockchain.com shows Bitcoin in circulation hit 18.899 million as of Monday, meaning only 10% of the total supply is left to …

Crypto in the spotlight as two Australian exchanges collapse with $50 million lost

Legal experts sound the alarm following Blockchain Global (BG), the parent company of crypto exchange ACX, going into voluntary administration in September. Similarly, Mycryptowallet collapsed last week, prompting renewed calls for tighter regulation on the crypto sector as a whole. According to the Guardian, $50 million in cryptocurrency is lost between the two incidents, with …

DFG founder James Wo explains why he believes Polkadot is “way ahead of the curve”

James Wo founded Digital Finance Group (DFG) in 2015. The firm is self-funded by James and currently it has assets under management of over $1 billion. DFG focused on blockchain equity and token investment– with a portfolio that ranges from Layer 1, Layer 2, Web3, CeFi, DeFi, NFTs, and beyond. DFG is among the first …

UK Intelligence Chief Raises Concerns About Use of Digital Renminbi to Control Global Transactions

The chief of the Government Communications Headquarters (GCHQ), one of the big three intelligence agencies in the U.K., has raised concerns regarding China and its digital renminbi. Sir Jeremy Fleming stated that the already existent Chinese CBDC could be used to collect information from users and, hypothetically, to control and filter global transactions. UK Worried …

Gamesta CEO Spencer Tarring Talks About GameFi, Metaverse and How the Guild Fits in the Grand Plan

Gamesta is the smart contract-based guild enabling investors to connect and empower thousands of underprivileged players throughout the world. Gamesta Guild believes the value of any game is created by the network of players playing it. Each player, regardless of their wealth or means, represents the same value in a digital game, investing their time …

Russia to Allow Foreign Residents to Own and Use Digital Ruble

The central bank of Russia intends to ensure that the digital ruble is convertible to foreign currencies and can be used by non-residents. In a document devoted to the digitalization of the Russian financial sector, the regulator reiterates its concerns over the risks associated with cryptocurrencies and insists that state-issued digital currencies are safer. Bank …

Overlooked Ethereum Challenger Could Soar 400% This Bull Market Cycle, According to Coin Bureau

The host of crypto channel Coin Bureau is saying that an under-the-radar Ethereum rival is primed for an epic rally before the end of the bull market.  In a new video, pseudonymous crypto analyst Guy tells his 1.74 million subscribers that he’s bullish on Near Protocol (NEAR), a blockchain designed for scalability and stability that …

Robinhood partners with Chainalysis ahead of crypto wallet launch

Blockchain analytics firm Chainalysis will be partnering with Robinhood to provide data and tools for trading in advance of the app launching its crypto wallet. In a Monday announcement, Chainalysis said the integrated partnership with Robinhood Crypto will help the trading app meet compliance requirements ahead of the launch of its crypto wallet, expected to …

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