An Ethereum-based altcoin that has recently entered the crypto markets is posting massive gains to the tune of nearly 22x in just 24 hours. OpenDAO (SOS) saw a staggering increase in price following its airdrop on December 24th. Data from CoinMarketCap shows that SOS surged from a low of $0.00000048 on the day of the …
Continue reading “New Ethereum-Based Altcoin Skyrockets a Staggering 2,191% in Just One Day”
Blockchain security company PeckShield has alerted investors of a possible rug pull event after identifying a massive 46.99% price drop on MetaSwap’s MGAS token. The MetaSwap protocol allows nonfungible token (NFT) swaps over the Ethereum, Binance and Polygon blockchains. Following the unexpected price drop, all official accounts linked with Metaswap Gas — including Twitter, Instagram …
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Mexico’s third-richest person sent out a heart-warming New Year message to Bitcoin (BTC) enthusiasts on Christmas Eve. Ricardo Salinas Pliego recommended moving away from fiat money and buying Bitcoin in a two-minute festive video. He gives three pieces of advice to his 957,200 followers on Twitter as part of his Christmas and New Year message …
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Bitcoin (BTC) starts a new week near $51,000 as the end of 2021 draws near and traders down tools for the holidays. After a $50,000 Christmas, Bitcoin continues to take stock of a year in which it has gone from $29,000 to $69,000 and halfway back again. Expectations were certainly not for such eerie calm …
Continue reading “Countdown to the yearly close: 5 things to watch in Bitcoin this week”
After staying above $50,000 on Christmas day, Bitcoin (BTC) faced selling pressure on Dec. 26. One of the reasons for the possible dip in Bitcoin’s price is the increase in inflows to the Binance exchange. Data analysis account Material Scientist said that Binance’s inflows could be due to “a new player.” Although Bitcoin is almost …
Continue reading “Top 5 cryptocurrencies to watch this week: BTC, MATIC, NEAR, ATOM, HNT”
Binance, the world’s largest cryptocurrency exchange by trading volume, is still dealing with regulatory issues in 2021. According to a Reuters story, the country’s Financial Crimes Investigation Board has fined Binance’s Turkish affiliate, BN Teknologi, an 8 million lira (about $751,314) penalties (MASAK). Binance Turkey Fined Binance Turkey was fined 8 million lira (almost $750,000) …
Continue reading “Binance Troubles Enters Xmas, Exchange Fined 8M Lira over Multiple Infringements”
The entire crypto market took great strides toward mass adoption in 2021 and now that the year is nearly complete, analysts are setting their price targets for 2022. Many analysts supported calls for a $100,000 (BTC) price before the end of 2021 and although this seems unlikely, most investors expect the key price level to …
A popular crypto strategist and trader is unveiling potential breakout plays for Polygon (MATIC), Polkadot (DOT) and VeChain (VET) as we head into the new year. In a new strategy session, analyst Justin Bennett says he’s watching the price action of Polygon, a scaling solution designed to enable the widescale adoption of decentralized apps on …
An under-the-radar crypto asset built on Ethereum is in the middle of an explosion after the altcoin project reached some big milestones. Cratos (CRTS) is an ERC-20 token with a market capitalization of less than $500 million and currently ranks as the 185th-largest crypto asset. CRTS is a utility token designed to facilitate citizen participation …
Continue reading “Altcoin Built on Ethereum Suddenly Explodes Over 100% After Big Product Launch”
The developers of meme crypto asset Dogecoin (DOGE) are publishing the coin’s first-ever roadmap eight years after its initial launch. In an update posted on the Dogecoin Foundation website, DOGE developers say that utility is the key to the meme coin’s adoption, leading them to announce four new DOGE projects. The first project involves the …
For NFL fans, 2021 was a great year. Stadiums returned to capacity crowds after the 2020 season was shortened with limited attendance. Stadium parking lots were again filled with the enthusiastic anticipation of tailgaters and their barbequed camaraderie. It was also a great year for Bitcoin (BTC) investors as the largest cryptocurrency by market capitalization …
Continue reading “7 NFL players that chose crypto over cash salaries”
A US Senator known for her crypto advocacy is reportedly planning to introduce a bill next year that would overhaul how regulators treat digital assets. Republican Senator Cynthia Lummis of Wyoming, who herself owns Bitcoin (BTC), intends to propose a sweeping bill in 2022 that would change how crypto assets are taxed and categorized, according …
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Macro investment strategist Lyn Alden is naming an overlooked factor that could catalyze Ethereum’s surge (ETH) in 2022. In a new interview on YouTube channel Investing Made Simple, Alden explains why the amount of ETH locked in the Ethereum 2.0 staking contract serves as a bullish indicator for the second-largest crypto asset by market cap. …
MicroStrategy CEO Michael Saylor says one particular type of crypto-related business will be the most successful over the next 10 years. In a new interview, Saylor says that compliant custodial businesses who provide access to Bitcoin will likely earn the most from crypto in the next decade. “People chronically underinvest in businesses that are centralized, …
Sebastian is the chief strategy officer at Coinsource, a Bitcoin ATM provider in the United States. “In 2022, we expect more countries to follow El Salvador’s lead and adopt Bitcoin as legal tender, particularly countries across Latin America and Asia. As a result, we anticipate an increase in the number of Bitcoin ATMs across Latin …
Continue reading “Crypto mainstream adoption: Is it here already? Experts Answer, Part 3”
