On Jan 2, El Salvador President Nayib Bukele shared five bullish predictions on Bitcoin’s (BTC) performance for the year 2022. Last year, El Salvador became the first country to adopt Bitcoin as legal tender under Bukele’s presidency as a countermeasure to the growing inflation in the country. Since legalization, the president acquired 1,370 BTC for …
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The Central Bank of the Republic of Turkey recently revealed it made the decision to provide incentives to gold deposit and participation fund holders that request to convert these into lira time deposits, a statement from the central bank has said. Incentives Intended to Boost Financial Stability The Central Bank of the Republic of Turkey …
The following opinion editorial is a Jacobin Podcast review written by the author Sterlin Lujan, the chief risk officer with Cryptospace. The Jacobin Podcast episode called: “Dig: Cryptocurrency w/ Edward Ongweso Jr & Jacob Silverman,” touches upon “cryptocurrency, NFTs, Elon Musk, the metaverse, meme stocks, and techno-utopianism amid the crushing reality of our neoliberal hellscape.” …
Continue reading “A Jacobin Podcast Review: Critiques on Crypto and Sterlin’s Response”
Four altcoins with market caps under $1 billion managed to surge exponentially in price within seven days while larger crypto assets finished off 2021 with modest price action. Recording massive gains over the past week is Railgun (RAIL), an Ethereum-based project that aims to provide privacy for trading and lending on decentralized exchanges (DEXes). RAIL …
Rounding up the last decade, Ethereum co-founder Vitalik Buterin revisited his predictions made over the years, showcasing a knack for being right about abstract ideas than on-production software development issues. Buterin started the Twitter thread by addressing his article dated Jul. 23, 2013 in which he highlighted Bitcoin’s (BTC) key benefits — internationality and censorship …
Continue reading “Ethereum white paper predicted DeFi but missed NFTs: Vitalik Buterin”
BTC/USD Trades Marginally in a Tight Range as Bitcoin Slumps to $45k , December 31, 2021 BTC/USD is falling after retesting the $48,000 resistance zone as Bitcoin slumps to $45k. Since December 29, Bitcoin has been restricted below the $50,000 psychological price level. In other words, the market has been fluctuating between $46,000 and $49,500 …
Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces ETF Tracking Blockchain Economy Index The largest banking and financial services provider in Russia and the post-Soviet space, …
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Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared his cryptocurrency investment strategy and which coins he owns. He also discussed crypto market bubbles, diversification, regulation, and why he thinks non-fungible tokens (NFTs) will be bigger than bitcoin. Kevin O’Leary Discusses His Crypto Investments, Market Bubbles, and NFTs Shark Tank star Kevin O’Leary discussed …
In every sport or form of competition, we see established rivals come to life. In basketball, it’s the Lakers and the Celtics, in boxing we’ve seen the likes of Furry vs Wilder, and in hip-hop, we often hear about Nas vs Jay-Z. Today in the world of crypto we have had a melting pot, stuffed …
Continue reading “What’s Beef? Reviewing The Historic Battle Of Ethereum vs. Cardano”
Bitcoin bull Anthony Pompliano says higher interest rates in 2022 may have a different impact on BTC’s price than what many analysts initially assumed. Pompliano, the co-founder of Morgan Creek Digital, tells CNBC in a new interview that BTC could potentially be correlated to a surprising indicator. “The other thing that I’m watching right now, …
BTC/USD Fluctuates Below $48k; A Breakdown Is Imminent, 2021 On December 31, BTC/USD plunged to the low of $45,695 indicating that a breakdown is Imminent. The market is steadily resuming upward retesting the previous highs. The bottom line is that the uptrend is facing resistance at the $48,000 and $49,000 price levels. Resistance Levels: $70,000, …
Trading platform Robinhood has announced the beta launch of its cryptocurrency wallets, which is set for mid-January. The company said 1.6 million people have signed up for the crypto wallets. Robinhood’s Crypto Wallets to Launch in Beta This Month Robinhood announced this week the upcoming beta launch of its highly anticipated cryptocurrency wallets. The company …
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In the midst of the hype surrounding the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collectibles, two NFT projects have appeared offering near-identical or mirrored versions of the original BAYC NFTs. The NFT marketplace Opensea has removed the NFT projects from the market for breaking the rules against copyright infringement. 2 Copycat Bored Ape …
During the last half of 2021, decentralized autonomous organizations (DAO) have been popping out of the woodwork in mass numbers, airdropping tokens and creating governance systems for specific projects. Just before the end of the year on December 31, the developers behind the Shiba Inu crypto protocol have announced the launch of a “Doggy DAO” …
A pioneer in the world of blockchain is giving his 2022 prognosis for an altcoin which has had a breakout year both in terms of price and project milestones. In a new blog post, Ethereum co-founder Gavin Wood discusses the future of cross-chain interoperability protocol Polkadot (DOT), which he founded in 2016. “More than any …
