Many institutional investors are predicting a major correction in the cryptocurrency market next year, a survey published by Natixis Investment Managers shows. Despite seeing crypto as the top contender for a major correction, institutional investors are increasingly warming up to the asset class. Institutional Investors See Crypto as Top Contender for Major Correction Natixis Investment …
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The American politician and attorney serving as the 46th governor of Florida, Ron DeSantis, announced the state’s 2022-23 budget proposal last week and proposed an idea to let businesses pay state fees with crypto assets. The governor’s “Freedom First Budget” suggests creating a department in Florida to accept state fees in cryptocurrencies. Florida Governor’s Freedom …
According to reports, the e-commerce giant Amazon has recently invested in a fractional sports trading card marketplace called Dibbs. The platform, built on top of the Wax blockchain, allows users to purchase and sell fractions of collectible trading cards. Reports further add that the financial terms of Amazon’s backing of Dibbs have not been disclosed. …
The head of MicroStrategy is weighing in on the future of cryptocurrencies after industry leaders made the case for digital assets in front of Congress this week. In an interview with Yahoo! Finance, Michael Saylor says it’s clear that Bitcoin (BTC) has proven itself to be an asset and not a security. “I think the …
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Vitalik Buterin outlines ‘endgame’ roadmap for ETH 2.0 With the …
Each year that we get a little further away from Satoshi Nakomoto’s whitepaper, crypto becomes more popular than ever, breaking more barriers — not just in sheer enthusiasm, but in mainstream acceptance. From nonfungible tokens (NFTs) to the Metaverse, 2021 was the year of crypto, even following a decade where just about every other year …
Continue reading “From NFTs to CBDCs, crypto must tackle compliance before regulators do”
Bitcoin (BTC) is often used to criticize all blockchain-based projects. This is understandable since Bitcoin was the first project to use a blockchain, is arguably the most recognizable and is the largest cryptocurrency by market cap. In the first half of this article, I will use Bitcoin as a proxy for all blockchain-based projects because …
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BTC/USD Continues Correction as Bitcoin Consolidates above $47k – December 11, 2021 Since December 4 price collapse, BTC price has been in range bound as Bitcoin consolidates above $47k. The bearish impulse on December 4, plunged BTC price to the low of $41,634 as bulls bought the dips. For the past week, BTC/USD has been …
Bitcoin Price Prediction – December 11 The Bitcoin price prediction shows that BTC remains above $48,000 level as the bulls are holding tight to the market. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $55,000, $57,000, $59,000 Support Levels: $41,000, $39,000, $37,000 BTCUSD – Daily Chart Buy Bitcoin Now BTC/USD shows some signs …
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ARK Invest founder and CEO Cathie Wood is saying that Bitcoin (BTC) has the potential to erupt en route to a price tag of over half a billion dollars. Woods says in a CNBC interview that ARK Invest foresees a scenario where institutional investors increase Bitcoin’s current value by $500,000. “We think the move by …
Coinbase is adding decentralized finance (DeFi) investing for users in dozens of countries around the world. In a new blog post, the US-based exchange announces that customers can earn variable-yield interest by holding the Dai (DAI) stablecoin. Coinbase says the DeFi yield feature aims to make access simple and affordable. “Accessing DeFi protocols can require …
Why do crypto traders “buy the rumor, sell the news”? Simple. Because whispers of exchange listings or big-name partnerships reach very few people… while an article in Cointelegraph can reach hundreds of thousands of crypto enthusiasts in seconds. While insiders are quietly amassing tokens on rumors, the rest of us are completely ignorant of what …
Writing a book on decentralized finance is a bit like describing a riddle, wrapped in a mystery inside an enigma, to borrow from Winston Churchill. First, one must summarize the origins of modern decentralized finance, then the mechanics of the blockchain technology that provides the sector’s backbone, and only then do you arrive at DeFi’s …
Continue reading “DeFi resolving the five flaws of traditional finance, book review”
When an attacker targets a network’s user, there is usually a deeper motive for doing so. Typically, eclipse attacks can serve as gateways for more complex attacks and disruptions. 0-confirmation double spends A user is at risk of a double-spend if they accept a transaction with no confirmations. By principle, although the transaction has already …
Bitcoin is trustless and permissionless — anyone can use it without having to provide their real-world identity. This leads many people to think of Bitcoin as an anonymous network, where transactions are private, however in reality this is far from the truth. Bitcoin can work without a trusted third party in part because it is …
Continue reading “Bitcoin Privacy 101: Key differences between a CoinSwap and a CoinJoin”
