How to store crypto in 2022, explained

Cryptocurrency holders can seek out wallets that offer the best of security, functionality and usability –– features that cater to any set of users. Users must be careful to consider factors including security, functionality and ease of use when determining where they will keep their funds. Although this typically means a choice between hot or …

Nearly 90% of Ethereum Rival Supply Owned by Whales Amid Surge to New All-Time High: Insights Firm IntoTheBlock

Crypto whales are gobbling up the supply of one Ethereum (ETH) challenger amid the altcoin’s rise to a fresh all-time high. Digital assets analytics firm IntoTheBlock reveals that large holders own 88% of the supply of Polygon (MATIC), a scaling solution designed to enable the widescale adoption of decentralized apps on the Ethereum blockchain. The …

Innovative Fantom-Based DEX DefySwap Is Now Coming Up With NFT Staking

DefySwap, an innovative decentralized cryptocurrency exchange (DEX) on Fantom (FTM) Network, has successfully raised 90,000 USDC (~$90,000) from their token presale within 10 seconds. The presale, which took place on December 9, 2021, was open to the public for 24 hours with a cap of a maximum purchase of 450 USDC per user. The DEX …

Top Crypto Analyst Pentoshi Maps Out What’s Next for Bitcoin and Ethereum As Crypto Markets Hesitate

A closely followed crypto strategist and trader is outlining what’s in store for Bitcoin (BTC) and Ethereum (ETH) as recovery across the crypto markets begins to slow down. Pseudonymous analyst Pentoshi tells his 434,900 Twitter followers that Bitcoin is currently trading within a wide range between $32,000 and $58,000. “Didn’t realize just how clean the …

Price analysis 12/27: BTC, ETH, BNB, SOL, ADA, XRP, LUNA, AVAX, DOT, DOGE

Bitcoin (BTC) and most major altcoins have bounced off their immediate support levels, indicating that the sentiment is improving and traders are buying on minor dips. Billionaire and Mexico’s third-richest person Ricardo Salinas Pliego said in his Christmas and New Year message to stay away from fiat money, terming it as “fake money made of …

Concerts in the Metaverse could lead to a new wave of adoption

Colin Fitzpatrick is a Dubliner based in Dubai who turned a bad time during quarantine into a business that promises to bring your favorite artists to a metaverse near you. His company Animal Concerts, which launches in January, is in the process of signing world-class artists to perform in the decentralized worlds of the Metaverse. …

Law Decoded: Three regulatory trends of 2021, Dec. 20–27

It is that time of the year: Singular events must be abandoned in favor of end-of-year, big-picture narratives and yearly lessons learned. As many governments across the globe finally had to face the rapidly mainstreaming realm of digital finance, the year is packed with developments in crypto policy and regulation that are impossible to fit …

Bitcoin can hit $333K ‘parabolically’ if this BTC price fractal plays out

Bitcoin (BTC) could target a massive $333,000 by May 2022 if the U.S. Federal Reserve provides a “perfect storm” of low rates, a new prediction argues. Updating an uncannily accurate price forecast on Dec. 27, filbfilb, co-founder of trading platform Decentrader, drew dizzying conclusions about BTC price action next year. Analyst: “You don’t have enough …

Bitcoin Price Moves Back Above $50,000 Level, ADA, DOGE, FTM Dec. 27

Bitcoin price adds 10% to trade above $50k. Cardano up 23% on founders new year vision. Dogecoin releases first ever roadmap. FTM jumps on TVL. BTC The Bitcoin price is still trying to carve out a bottom with the coin improving by 10% on the week and getting back above the $50,000 level.  BTC Price …

Aave and One More Altcoin Are Ready To Run, According to Crypto Analyst Michaël van de Poppe

Closely followed crypto analyst Michaël van de Poppe says that Aave and one additional altcoin are ready for new rallies. The analyst tells his 540,000 Twitter followers that decentralized finance (DeFi) lending and borrowing protocol Aave is trading at a significant discount while holding support. According to Van de Poppe, Aave is due for rallies. …

Crypto Twitter year in review: 10 influential tweets of 2021

Another year has come and gone in the cryptocurrency industry, leaving behind an ocean of developments, drama, price swings and innovation — all moving at a breakneck pace that even Barry Allen would have a hard time keeping up with. Similar to previous years, Twitter has yet again served as a hotbed of crypto industry …

Bitcoin rises above $51K as the dollar flexes muscles against the euro

Bitcoin (BTC) regained its bullish strength after reclaiming $50,000 last week and continued to hold the psychological level as support on Dec. 27. Meanwhile, its rival for the top safe-haven spot, the U.S. dollar, also bounced off a critical price floor, hinting that it would continue rallying through into 2022. Triangle breakout The U.S. dollar …

Smart Money Whales Are Accumulating Three Crypto Assets – And Unloading Three Others, According to Analytics Firm

Smart money crypto whales are gobbling up three digital assets while selling three others, according to insights firm Santiment. Santiment tells its 120,200 Twitter followers that whales have bought 41% more CRO over the last two months. CRO is the cryptocurrency that powers the Crypto.com payment, trading and financial services platform. Santiment describes whales as …

Binance gets green light from Canada and Bahrain

Binance is celebrating the new year with approvals from two different sides of the world. The crypto exchange has been granted an in-principle license by the Central Bank of Bahrain to operate as a crypto asset service provider in the Kingdom of Bahrain. According to the announcement, the in-principle approval a first for a Binance …

Iran halts authorized crypto mining to save energy for winter

Amid Iran’s energy consumption increasing during the winter, local energy authorities have decided to halt operations of authorized cryptocurrency mining centers. Mostafa Rajabi Mashhadi, chairman of the board and managing director of Iran Grid Management Company (Tavanir), announced that Iran is shutting down crypto mining centers again to reduce liquid fuel consumption in power plants …

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