Ethereum co-founder Vitalik Buterin has unveiled how he will use $100 million in cryptocurrency from India’s Covid Crypto Relief Fund (Cryptorelief) to accelerate relief efforts and “bring great benefit to Indians and non-Indians.” The crypto is part of the Shiba Inu funds Buterin donated to Cryptorelief last year. Vitalik Buterin to Personally Deploy $100M From …
Monthly archives: January 2022
Nobel Laureate Paul Krugman Likens Crypto Market to Subprime Mortgage Crash — Warns Regulators Are Making the Same Mistake
Nobel Prize-winning economist Paul Krugman sees parallels between the crypto market and the subprime mortgage crash. “There’s growing evidence that the risks of crypto are falling disproportionately on people who don’t know what they are getting into and are poorly positioned to handle the downside,” he stressed. Nobel Laureate Paul Krugman Warns About Crypto Crashing …
Bitcoin Cash Price Prediction: BCH/USD Trade Experiences Lower Lows
BCH/USD Trade Experiences Lower Lows– January 30It observed that the BCH/USD trade experiences lower lows after suffering from a decline lately. The crypto economy trades between $299 and $294 at a minute negative percentage of 0.96. Trade Experiences Lower Lows: BCH MarketKey Levels:Resistance levels: $400, $450, $500Support levels: $250, $200, $150BCH/USD – Daily ChartThe BCH/USD …
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Will Crypto Mining Survive Another Government Crackdown?…
Crypto mining has been an environmental issue that cant be over looked; World governments have tried to put a lid on it but still have an uphill battle as the popularity of crypto grows. Will crypto be mining be able to last if the technology still impacts the earth on high levels ? Or will …
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Why Bitcoin Could Hit $90K By The End Of 2022, According To This Prediction
The price of Bitcoin has been recovering after a major slump into the low $30,000s. As of press time, BTC trades at $37,774 with a 1.9% profit in the last 24-hours and could see more gains in the short term. Related Reading | Fidelity Says What We’ve Been Thinking: Countries & Central Banks Will Buy …
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ERTHA One of the Most Searched Play-to-Earn Tokens
Following a series of record-breaking IDO’s and recent listings on two of the world’s biggest crypto exchanges Huobi Global and KuCoin, Ertha Metaverse has emerged as one of 2022’s highest trending Play-to-Earn games. According to CryptoRank, Ertha ranked 2nd in its list of the ‘Most Searched Play-to-Earn Tokens’ during a 30 day period. The project …
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OVR Migrates To The Polygon Network In Quest To Dominate The Metaverse
OVR has successfully completed the first phase of its two-phase migration to the Polygon Network. The move began in January and has already shown promising results for the project, with the second phase to be deployed in February. It announced that it has transferred the Merkle Proof and minting functions from the Ethereum network over …
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Fantasy Metaverse Island Bullieverse creates a Community-Owned Platform for Arcade Games
Bullieverse is ushering gaming enthusiasts and creators into unexplored terrains of monetizing creativity and novel skills in a community-oriented metaverse. The project seeks to lead a new wave of the digital economy through its open metaverse where individuals and digital creators can interact with each other, make decisions on the future of the virtual ecosphere, …
Is the rise of derivatives trading a risk to retail crypto investors?
BTCWith an increase in the number of retail investors dabbling in derivatives trading and investors hopping into decentralized exchanges (DEXs) due to regulations in the United States and China, there has been a rise in users utilizing derivatives DEXs, with Bitcoin (BTC) whales moving into derivatives and an increase in buying interest in derivative contracts. …
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From cash to crypto: The Cantillon effect vs. the Nakamoto effect
Bitcoin introduces the world to the Cantillon effect 2.0, often known as the Nakamoto effect. Those who live closer to the truth can receive value creation benefits in a Bitcoin world, rather than being rewarded for privilege, status or geography. The issue of why we need Bitcoin (BTC) is a prevalent one these days, but …
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Bitcoin (BTC) Price Prediction: BTC/USD Holds above $37,352 as Bitcoin Continues Retest of $39k High
BTC Price Trades Marginally as Bitcoin Continues Retest of $39k High– January 29, 2022 Today, BTC/USD is facing another rejection at the recent high as Bitcoin continues retest of $39k high . In yesterday’s rejection, the BTC price retraced to the low of $35,557 as bulls bought the dips. In today’s rejection, the crypto retraced …
Robinhood to Launch Crypto Trading Internationally — Sees ‘Immense Potential’ in Crypto Economy
Robinhood has “set aggressive goals to start opening its crypto platform up to customers internationally in 2022,” the popular trading platform revealed during its Q4 earnings call. “The company believes in the immense potential of the crypto economy and sees a big opportunity in serving customers across the globe.” Robinhood’s Crypto Earnings, Expansion Plans Robinhood …
Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils
A roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russia’s crypto market by the end of this year, comes amid disagreements between the central bank and other government institutions about the future of decentralized digital money in …
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Weekly NFT Sales Drop 13% While Crypto Prices Rebound From Market Rout
Last week, non-fungible token (NFT) sales remained unscathed while crypto asset spot markets were dismal. However, a week later, NFT sales have dropped 13% to $800 million in sales over the last seven days. During the past week, NFT sales on the Ethereum blockchain have slipped 11.78% but Ronin blockchain-based NFT sales (Axie Infinity) dropped …
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Is Scandal-Ridden Spell Token Out of Danger? Analytics Firm Santiment Says SPELL at Risk if Bitcoin Does This
As the dust settles after a wild scandal rocked the world of decentralized finance (DeFi), questions remain for one “magical” altcoin caught in the crossfire. Earlier this week, a self-professed “on-chain sleuth” took to Twitter to claim that the chief financial officer of crypto protocol collective Frog Nation is Michael Patryn. Patryn is the former …