Why is Web3 So Crucial for Avalanche Dapps?

With the rapid pace of progress and innovation, blurred together with at least as much buzz-word saturated hype, it can become easy to get lost in the growing wave of news, advertisements, and social media blasts around the next big thing. Two of these buzzwords driving conversation are “Web3” and “Dapp”.  What makes it more …

Crypto predictions platform Polymarket fined $1.4M by CTFC

New York-based crypto predictions platform Polymarket has reached a settlement with the Commodity Futures Trading Commission (CFTC) to pay a fine of $1.4 million. Polymarket is a decentralized platform that enables users to bet on the outcomes of event markets such as pro-sports games and political elections via binary options contracts. On Jan. 3, the …

The number of countries banning crypto has doubled in three years

Although 2021 was a good year for the cryptocurrency industry in terms of market performance, the number of jurisdictions banning crypto has more than doubled since 2018. A report by the Library of Congress (LOC) details the nine jurisdictions that have now applied an absolute ban on crypto and the 42 with an implicit ban. …

This key trading pattern hints at the continuation of Fantom’s (FTM) 125% rebound

Fantom (FTM) looks poised to hit a new record high in the coming sessions after its 125% price rebound from $1.23 on Dec. 14, 2021, to $2.84 on Jan. 3, 2022 triggered a classic bullish reversal setup.  Dubbed inverse head and shoulders (IH&S), the setup appears when an asset forms three troughs below a so-called …

Crypto Investment Fund CEO Predicts Big Shakeout of Ethereum Competitors As Bitcoin Replaces Gold

The CEO of crypto investment fund Off The Chain Capital predicts that Bitcoin (BTC) will replace many traditional assets and that most Ethereum competitors ultimately be shaken out. In a new interview with Real Vision, Brian Estes says that the flagship cryptocurrency is like a black hole that sucks in value. “Bitcoin is the winner …

Here’s Why Crypto Market Cap Will More Than Double This Year, According to Ava Labs Chief John Wu

The president of the firm developing smart contract platform Avalanche (AVAX) is optimistic that the total valuation of the crypto market will more than double this year. In a new interview on CNBC’s The Exchange, Ava Labs chief John Wu says he believes that crypto as an asset class can grow over 111% in the …

Six Altcoins Will Make Big Moves in 2022, According to Crypto Trader Austin Arnold

Altcoin Daily co-host Austin Arnold is listing six crypto assets that he says are set to explode this year. In a new YouTube video, Arnold tells his 1.18 million subscribers that momentum built in 2021 will be key for these altcoins in 2022, starting with smart contract platform Solana (SOL). “Solana has seen so much success …

3 reasons why Phantasma (SOUL) is chasing after new all-time highs

Nonfungible tokens and blockchain-based gaming projects saw a breakout in popularity over the course of 2021. This was due to their widespread appeal which attracted the attention of crypto newbies and experienced hodlers alike. This trend helped to further initiate the mass adoption of blockchain technology and from the look of things, its likely to extend …

Happy Birthday, Bitcoin! Industry players share a few words

To celebrate the Bitcoin network’s 13th anniversary, Cointelegraph gathered birthday messages from industry players to mark the occasion. Following a hash rate all-time high, Bitcoin (BTC) has officially reached its adolescent years, and industry experts weigh in on its future. Beimnet Abebe, vice president of principal trading at Galaxy Digital: “13 years ago, Bitcoin was released. Although …

On-chain data shows people are hodling Bitcoin despite price slump

The latest data from analytics company Glassnode showed that people have spent the last few months of 2021 hodling their Bitcoin. And according to various on-chain metrics, this trend is set to continue in the coming months. Even Bitcoin’s fall below $48,000 can’t shake these diamond hands After reaching its all-time high of almost $69,000 …

Samsung’s new smart TVs will let users trade NFTs

Soon buyers of Samsung’s new smart TVs will be able to browse, buy, and sell non-fungible tokens (NFTs) right from the comfort of their couches. According to an announcement published by South Korean multinational corporation Samsung Electronics today, the company’s new smart TV lineups—MICRO LED, Neo QLED, and The Frame—will have an integrated NFT platform …

Eminem joins Bored Ape Yacht Club with $450,000 NFT purchase

Popular rapper Marshall Mathers, better known as Eminem, has joined the ranks of non-fungible token (NFT) enthusiasts as he bought Bored Ape Yacht Club #9055 for 123.45 Ethereum (roughly $453,000 at the time) over the past weekend. The OpenSea account that did the buying, titled Shady_Holdings (a nod to Eminem’s hit song The Real Slim …

Turkey’s Inflation Jumps to 36%, Lira’s Value Plummets, Citizens Flock to Stablecoins

Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News …

Smart TVs and NFTs Collide: Samsung Introduces World’s First Television-Based NFT Platform

The well known electronics giant Samsung, the manufacturer of LCD and LED panels, laptops, mobile phones, memory chips, and televisions, revealed that the firm’s upcoming smart TVs will incorporate non-fungible token (NFT) technology. Samsung Reveals Smart TV With NFT Capabilities One of the largest electronics manufacturers worldwide, Samsung Electronics, has noticed how popular NFTs are …

Millionaire Millenials Plan on Throwing More Money Into Crypto This Year: CNBC Survey

A new generation of millionaires is holding more crypto than ever and plans to continue doing so well into the new year. A new survey conducted by CNBC finds that most millennial millionaires have the bulk of their financial investments in crypto. “Most millennial millionaires have the bulk of their wealth in crypto, and they’re planning to …

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