Quantitative crypto analyst Plan B says that Bitcoin (BTC) has yet to peak this cycle based on the crypto asset’s current value and historical data. Plan B tells his 1.6 million Twitter followers that he doesn’t think Bitcoin’s all-time high (ATH) around $69,000, reached one month ago, is the top of this cycle. “I don’t think …
Yearly archives: 2021
Blockchain folk hero Nandy Martin hopes to build a better community for Haitians in Miami
Haiti, a Western Caribbean country torn by a tragic past, natural disasters, poor leadership and ineffective foreign aid, is not a country that comes to people’s minds when they think of blockchain adoption. For years, Haiti has been among the world’s poorest countries in terms of GDP per capita, as per data from the World …
South Africa’s financial regulator plans to introduce framework aimed at protecting vulnerable crypto investors: Report
Unathi Kamlana, the commissioner of South Africa’s Financial Sector Conduct Authority, has reportedly said the government’s rollout of a crypto framework would be aimed at mitigating any potential risks. According to a Friday report from Bloomberg, Kamlana said the financial regulator planned to present a regulatory framework early in 2022 intended to protect investors from …
Former SushiSwap CTO writes short reflection about leadership failures at blockchain DEX
On Friday, Joseph Delong, former chief technology officer of decentralized exchange, or DEX, SushiSwap, published a brief reflection of experiences during his tenure. Delong unilaterally resigned two days prior, citing internal structural chaos among developers behind the popular DEX. In explaining his decision, Delong outlined failures to scale operations, lack of organization skills, problematic contributors …
Finance Redefined: AWS turns crypto exchanges offline, and Sushi CTO resigns, Dec. 3–10
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter. Although the markets may be down and technical indicators built upon AWS malfunctioning, fear not young degens, fundamental news and the spirit of Wagmi is abundant as ever. So, read on and discover all you need to know about the most important events of this week. …
Bitcoin Price Prediction: BTC/USD Prepares to Climb $50,000
Bitcoin Price Prediction – December 10 The Bitcoin price is hovering at $48,163 after touching the daily high of $50,148 at the beginning of today. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $53,000, $55,000, $57,000 Support Levels: $43,000, $41,000, $39,000 BTCUSD – Daily Chart Buy Bitcoin Now At the time of writing, …
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SolidProof Introduces KYC and Audit Services for DeFi Projects
December 10, 2021 – Handewitt, Germany SolidProof, a German-based blockchain auditing company, has finalized the development of its auto audit tool and plans to launch the solution soon. Dubbed the SolidProof Automated Auto Tool (SAAT), the product is designed to streamline and speed up the entire smart contract auditing process. Retail and institutional adoption of …
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Nearly $27,000,000,000 in Crypto Funneled Into the NFT Sector in 2021, According to Chainalysis
The non-fungible token (NFT) sector has exploded this year, according to new data from crypto analytics firm Chainalysis. The firm notes in a new report that nearly $27 billion worth of crypto has funneled into ERC-721 and ERC-1155 contracts in 2021 so far. ERC-721 and ERC-1155 contracts are both associated with NFT marketplaces and collections. …
BlockchainSpace Brings Its Guild Infrastructure and Network of Over 650,000 Players to the Sandbox
December 10, 2021 – Singapore, Singapore BlockchainSpace is excited to announce a crucial partnership with The Sandbox. As part of the collaborative effort, BlockchainSpace will connect its 2,600 guilds and 680,000 players to the virtual world created by the Sandbox. It will serve as a viable example of how the ability to scale communities for …
WhatsApp Rolls Out Crypto Payments Pilot Program in the US
One of the world’s largest mobile messaging services is launching a new feature enabling its users to send and receive crypto assets. American platform WhatsApp just announced a new pilot program that integrates Novi, the digital wallet developed by leading social media platform Facebook, now Meta. US-based WhatsApp users will now be able to exchange …
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FLUX, SFP and Badger DAO surge even as Bitcoin price falls to $47K
The year-long mantra that the crypto market would see a blow-off top in December has proven to be a dud thus far and for the last week, most cryptocurrencies have been under sell pressure and Bitcoin (BTC) is encountering difficulty in trading above $47,000. That said, it’s not all bad news for cryptocurrency holders on Friday …
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Assembly announces $100M capital raise, receives praise from IOTA co-founder Dominik Schiener
On Friday, Assembly, a decentralized layer one smart contract network built within the IOTA ecosystem, announced it had raised $100 million from private investors, including LD Capital, HyperChain Capital assembly, and Huobi Ventures. The project stated that the funds will be used to accelerate the development of decentralized finance protocols, nonfungible tokens, and play-to-earn crypto …
Bitcoin Core developer Samuel Dobson decides it is ‘time to go’
Developer Samuel Dobson announced via a series of tweets on Thursday night that he is stepping down as a Bitcoin Core maintainer after three years as he “can no longer dedicate the time required, as I approach the end of my Ph.D.” I am officially stepping down as a maintainer of Bitcoin Core. Serving as …
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Indian PM calls for cryptocurrencies to ’empower’ democracy at global summit
Cryptocurrency made an appearance at a global online summit for world leaders in a speech from Indian Prime Minister Narendra Modi. At Friday’s events for the Summit for Democracy hosted by U.S. President Joe Biden, Modi said India would be willing to offer other countries “innovative digital solutions” to facilitate free and fair elections and …
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Coinbase finally introduces DeFi yield product, bars United States users
In September, the United States Securities and Exchange Commission (SEC) and the leading crypto exchange in the country, Coinbase, were at loggerheads over the crypto firm’s proposed yield program which the financial regulator considered to be a direct violation of its securities law. While the exchange has since dropped its plan to launch the program …
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