Shiba Inu is in the first stages of launching Doggy DAO. The team has announced it will be launching the DAO on a testing phase to boost the token’s growth and remain true to the mission of decentralization. The purpose behind the Doggy DAO is to ensure developers do not have total control over specific …
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The crypto market was bearish during the last few weeks of 2021. However, some coins outperformed the rest of the market, and they have moved to 2022, maintaining a slightly bullish trend. Fantom has made notable gains in terms of network adoption and FTM prices. Fantom is trading at $2.36 at the time of writing …
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CNBC contributor and CEO of digital currency investment firm BKCM Brian Kelly is naming three metaverse altcoins that he believes possess high potential in 2022. In a new episode of Fast Money, Kelly says that the three altcoins will appreciate as their respective virtual worlds become more popular. In the case of Decentraland (MANA), a …
In a recent YouTube video, Charles Hoskinson highlighted the rapid growth of the Cardano (ADA) ecosystem while clarifying the concerns raised by other members of the crypto community over the past year. “We live in a world where arbitrary groups of people get to be fact-checkers and decide what’s legitimate,” said Hoskinson while speaking about …
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Bitcoin (BTC) bears lost out at the last minute as 2021 came to an end — and consensus is building around China again being the reason for weakness. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView China “last hammer” could now provide optimism on BTC Hours before the yearly close, BTC/USD dived $2,000 to lows of …
Even though Ether (ETH) reached a $4,870 all-time high on Nov. 10, bulls have little reason to celebrate. The 290% gains year-to-date have been overshadowed by Dec.’s 18% price drop. Still, Ethereum’s network value locked in smart contracts (TVL) increased nine-fold to $155 billion. Looking at the past couple of months’ price performance chart doesn’t …
Continue reading “Ether drops below $3,800, but traders are unwilling to short at current levels”
While “utility” became one of the most common topics in the NFT space, chased by artists and entrepreneurs as the magic ingredient for success, Andrew Fai started a platform that is bringing audio-visual Autonomous Sensory Meridian Response (ASMR) art on the blockchain. Foreseeing a strong market demand for a therapeutic sound and visual NFTs, Fai …
Gold bug Peter Schiff has claimed that though bitcoin went up by 60% during the past twelve months, most of these gains were achieved during the first five weeks of the year in 2021. He insists that the majority of those that bought the asset in 2021 have not gained. Bitcoin Gains Higher Than Those …
The government of Mexico announced that the country’s central bank will issue its own digital currency. The statement of the official account of the presidency of Mexico informed that the development should be ready towards 2024, and remarked about the importance the technology has for the future of the financial structure of the country. Banxico …
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The stock exchange of Gibraltar, a British territory, has received a purchase offer by a blockchain firm called Valereum. The purchase, that is set to occur in the new year, if effective, might make the Gibraltar Stock Exchange the first bourse where cryptocurrencies and stocks could be traded with cryptocurrencies. Regulators are currently reviewing this …
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A long-time crypto trader known as Flood is showing support for an altcoin that helps bridge the gap between different types of blockchain projects. Flood tells his 194,400 Twitter followers that there are several reasons why he thinks trustless automated market maker Synapse (SYN) has the potential to make insane gains over the next two …
Bitcoin’s (BTC) price has been ranging between $46,000 and $52,000 for 26 days. Despite the large nominal $6.1 billion year-end options expiry, the bullish and bearish instruments were evenly balanced between $44,000 and $49,000. Therefore, it was no surprise that the $47,175 price at 8:00 am UTC on Dec. 31 brought little change to the …
Brewers and farmers from Belgian Barrels Alliance (BBA) have partnered with Zeromint to offer nonfungible tokens (NFTs) aimed at preserving the UNESCO recognized Belgian beer culture and heritage. As a part of the partnership, Zeromint will mint and offer exclusive NFTs on the GoChain blockchain, which will be made available for international beer fans via …
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BTC/USD Fluctuates Above $46 Support as Bitcoin Risks Further Selling- December 31, 2021 In the last 24 hours, buyers have pushed the crypto to the high of $48,650 as Bitcoin risks further selling. The crypto dropped sharply to the low of $45,695 as bulls bought the dips. Bitcoin’s upward move has been restricted below the …
Indian crypto exchange WazirX has reportedly paid over $6.6 million (49.2 crore rupees) following non-payment of Goods and Services Tax (GST) on trade commissions. The total recovery includes the pending tax of $5.43 million (40.5 crore rupees), the interest and a penalty for non-payment. Government officials from the Central GST and Central Excise committee (CGST …
Continue reading “Indian taxman recovers $6.62M from WazirX for evading tax on commission”
