The VeChain Foundation has started 2022 with a potential major announcement. Via their official Twitter handle, the organization hinted at the possible released of a new native stablecoin called VeUSD. Related Reading | VeChain Foundation Welcomes New DEX To Its Ecosystem The Foundation little details on this new product but announced its followers that it’ll …
Category archives: Trending Crypto news
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 …
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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 …
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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. …
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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 …
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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 …
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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 …
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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 …
Coinbase Executive Makes Crypto Predictions for 2022, Says Solana (SOL), Avalanche (AVAX) and Other Layer-1s To Continue Growth
A top executive at US-based crypto exchange Coinbase is unveiling what he believes is in store for the crypto markets in 2022. In a new company blog post, chief product officer Surojit Chatterjee says that Ethereum (ETH) competitors Avalanche (AVAX) and Solana (SOL) should see significant improvement this year and that new layer-1 (L1) solutions …
Altcoin Breakout Imminent, Says Analyst Nicholas Merten: Here’s the Sector To Watch
A popular crypto analyst says that altcoins are primed to surge and he’s eyeing one key sector that could see the biggest gains. In a new strategy session, Nicholas Merten tells his 489,000 YouTube subscribers that although Bitcoin (BTC) looks somewhat stagnant, money isn’t moving out of the markets completely but instead shifting into altcoins. …
Axie Infinity, Monero and Four Additional Altcoins Looking Ripe for Breakouts: Crypto Analytics Firm
Blockchain gaming crypto Axie Infinity (AXS), privacy coin Monero (XMR) and four more altcoins are conditioned for rallies, according to data from analytics firm Santiment. Besides AXS and XMR, the firm highlights decentralized application (DApp) platform Quantum (QTUM), Web3-focused Ankr, Solana-based liquidity provider Raydium (RAY), and XRP competitor DigiByte (DGB). “There are usually at least …
Bitcoin traders expect $60K by month’s end, marking $45K as ‘accumulation’
The bearish pressures facing the cryptocurrency market at the end of 2021 have continued into the first week of 2022 after the price of Bitcoin (BTC) dropped below $47,000 on Jan. 1 and the asset still faces stiff headwinds on the shorter timeframe charts. Data from Cointelegraph Markets Pro and TradingView shows that, after climbing above …
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