XRP Market Holds in Bearish Correction Trend Lines – December 12Currently, the Ripple XRP/USD economic book of records has had it that the crypto market holds in bearish correction trend lines as price trades around $0.82 value-line. The market is rated, trading around a negative 1.54 percent as of writing. Market Holds in Bearish Correction …
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A popular crypto analyst and trader is mapping out what’s next for Bitcoin as the leading crypto asset continues to trade below $50,000. In a new strategy session, Altcoin Sherpa says that he’s looking at two possibilities that could dictate Bitcoin’s (BTC) long-term trend. “A lower high is almost [certain]. It’s almost inevitable like we’re …
Crypto trading platform AscendEX suffered a loss of $77.7 million in a hot wallet compromise that allowed hackers to access and transfer tokens hosted over the Ethereum (ETH), Binance Smart Chain (BSC) and Polygon (POLY) blockchains. Soon after realization, AscendEX proactively warned its users about the stolen funds, confirming that the hackers were not able …
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Even as nonfungible token (NFT) transactions have taken off and made headlines, to most people outside the crypto world, they’re just a gimmick. The metaverse will change that. There’s always a tipping point when new technologies go from incomprehensible fringe interest to, suddenly, part of life. That point usually comes from the confluence of a …
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HodlX Guest Post Submit Your Post It’s safe to say that NFTs stole the show from the broader crypto market in 2021. As non-fungibles took the market by storm a few months ago, masses of retail users and investors – as well as crypto projects – were joined by well-known artists, athletes, celebrities and billionaires, from Kings …
Continue reading “On the Road to Adoption – What Will 2022 Look Like for the GameFi Sector?”
The official Twitter account of Indian Prime Minister Narendra Modi got compromised earlier today, which was then used to share misleading information about the mainstream adoption of Bitcoin (BTC) and redistribution of 500 BTC among the Indian citizens. On Dec. 10, Modi said in a virtual event virtual summit hosted by US President Joe Biden …
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Bank of Thailand’s officials say that using cryptocurrency as a means of payment is not illegal. However, they added that users “must be able to accept the risks,” including price fluctuation. Using Crypto to Pay for Goods and Services Is Not Illegal in Thailand Sakkapop Panyanukul, senior director at the Bank of Thailand (BOT)’s Monetary …
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The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says a crash and a depression are coming, predicting that “Gold, silver, bitcoin, real estate will crash too.” He added that he is getting ready to buy all four types of investments after the crash. Robert Kiyosaki Predicts a Crash Is Coming Robert …
Will podcasting 2.0 be the next use case for the Lightning Network? The statement might induce skepticism, but Kevin Rooke presents a surprisingly good case. Prepare to receive the gas you needed to start your own podcast. The technology is just getting started, and the people are just getting comfortable with it. However, the logic …
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The term metaverse has been reintroduced online due to Facebook’s announcement that they would build a VR (Virtual Reality) social network for its users. Unlike many decentralized metaverse cryptocurrency initiatives, Meta is owned by a single entity. As digital coins are paired with the blockchain metaverse, they will authorize the administration in the metaverse sector. …
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Colexion stays at the forefront to empower India’s gaming enthusiasts to shape their future and provide multiple growth opportunities. Launching the world’s biggest NFT drop of 30 celebrities on 12th December IST. Being the second-most populous country, India has the largest number of mobile gamers in the world. And with the advancement in blockchain and …
Yield optimization platforms have become one of the hallmarks of the DeFi industry. The problem with most of these solutions, however, is that they’re not accessible to everyday users. While at the core of their functionality is the ability to automate yield farming operations, they don’t always deliver on user experience nor composability. This is …
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As Venezuelans have struggled to survive the pandemic during times of dictatorship, the crypto company Circle collaborated last year with the countries’ opposition to financially aid healthcare workers who were abandoned to a broken-down system with almost no proper medical equipment and a discouraging $15 a month salary. Today $1 equals 45,000,000,000,000,000 bolivars –although it …
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A blockchain researcher is issuing a warning to Bitcoin investors who believe that BTC is a solid hedge against inflation. Lucas Outumuro, head of research at the blockchain intelligence firm IntoTheBlock, is questioning the thesis that BTC is a hedge against inflation due to its finite supply of 21 million BTC. In a recent newsletter, …
Silk Road founder Ross Ulbricht has sold a non-fungible token (NFT) for nearly $5.8 million worth of Ethereum (ETH) to the decentralized autonomous organization (DAO) attempting to free him. Ulbricht, who received two life sentences plus 40 years without the possibility of parole in 2015 for founding black market e-commerce website Silk Road, sold his …
