Author: hotcrypto
Bitcoin tipped for huge crisis in 2022: ‘Was a joke from the beginning’ | City & Business | Finance
Bitcoin’s volatility has continued into 2022 as the cryptocurrency’s value surges. This comes just a week after it experienced the longest continuous decline since 2018 in the first week of January, with market analysts warning that a severe sell-off could take place take place if it falls below £40,000. The surge comes as inflation in the US rose by seven percent over the past year, the fastest it has risen in nearly 40 years.The weakening value of the dollar is seen as one of the leading reasons why investors are looking to place funds in the cryptocurrency, which is often…
Shark investor and billionaire Mark Cuban confirmed in a recent podcast that 80% of his ‘non-Shark’ money goes to virtual assets. The statement doesn’t come as a surprise as Cuban has been quite vocal about his love for cryptos since the beginning. “80% of the investments that I make that are not on Shark Tank, are in or around cryptocurrencies.” He also noted, “The investments I’m making now are not in traditional businesses.” It is noteworthy that last year, the television personality’s NBA team, Dallas Mavericks, had announced a partnership with crypto platform Voyager. And, as part of his many…
IOTA has announced the launch of the limited edition Shimmer Jersey and 11,111 Genesis NFTs that come with a set of exclusive perks and a roadmap to accelerate the creation of an entire ecosystem, CryptoSlate learned in a release.Shimmer Genesis NFTs are for the early risk adopters in our ecosystem willing to explore the unique ways in which NFTs will empower the community. The NFTs will be tiered into Gold, Silver, and Bronze, priced at different levels and limited amounts. Unlike your standard jpeg, Shimmer Genesis NFTs carry a potential staking boost.Each NFT gives a potential right to staking rewards,…
Shiba Inu, Bitcoin, Ethereum, Dogecoin, BNB, Bitgert & Centcex – 3 Facts About These Cryptocurrencies by Analytics Insight January 16, 2022 It’s January, which marks a crucial period of the cryptocurrency investment cycle. This is the time to buy new crypto investments and wait for them to grow with the project throughout this year. Among the best cryptocurrencies for 2022 that crypto investors can select from are listed below. Read more about these crypto investments and the 3 major facts about them you need to know. BitgertThe first fact about Bitgert is that the team is delivering the roadmap faster than…
In addition to a good infrastructure, a blockchain needs various qualified projects to grow, and Harmony is an example of a chain with at least one highly promising game in its ecosystem. According to Footprint Analytics, Harmony currently ranks 21st in TVL for blockchains. Its TVL rose 529% in just one quarter to $753 million as of December 26, in large part due to the popularity of GameFi project DeFi Kingdoms (or DFK), which makes up 50% of Harmony’s TVL. Footprint Analytics: Harmony TVL Harmony even surpassed Ethereum and BSC in terms of volume in the GameFi sector in the…
News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here. Wilmington, Delaware–(Newsfile Corp. – January 14, 2022) – Sphynx Labs, an AIO (All-in-One) decentralized exchange (DEX), has officially integrated three different decentralized services from Chainlink, the industry-leading decentralized oracle network. Sphynx LabsTo view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/8203/110131_5be948b8243a69ce_001full.jpgSpecifically, Sphynx Labs is enhancing the functionality of its platform by: 1. Helping ensure its drawing games are provably fair with Chainlink VRF 2. Implementing new stop-loss and take-profit order functionality in our DEX with Chainlink Keepers 3. Receiving…
How the great migration of cryptocurrency mining is playing a rising role in the global energy crisis
As the country’s central bank and state authorities followed through on pledges to effectively wipe out crypto mining operations in China, the Cambridge Centre for Alternative Finance (CCAF) estimated the country’s average monthly share of the Bitcoin network hashrate had fallen from near 70 per cent in September 2020 to 0 per cent by August 2021. Meanwhile, the neighbouring republic of Kazakhstan had become an obvious destination for many cryptocurrency miners forced to flee China, with an abundance of cheap electricity awaiting miners and foreign mining farm owners searching for new pastures in which to build their fortunes. Sign up…
There are no big changes in the Crypto-currency market. It is still in the neutral zone on an intraday basis.That said, we can see a new intraday decline following the stock market sell-off, which can still belong to a higher degree wave iv correction within a downtrend (according to our primary count). However, we are also still observing a secondary count, where the Crypto-currency market could be unfolding a bigger three-wave A-B-C corrective recovery, where the current drop could be a pullback in wave B. In any event, let’s look at Ripple (XRPUSD) and see what Elliott wave analysis is saying.XRPUSD remains…
Bitcoin, Ethereum, Shiba Inu, Dogecoin, Binance coin, Bitgert & Centcex – Best To Buy & Hold In 2022? by Analytics Insight January 15, 2022 It is already mid-January, and the crypto market is showing huge growth potential. There are many cryptocurrencies to invest in this year. However, some are more promising and are the cryptocurrencies to buy and hold as you wait for them to explode in 2022. This list contains cryptocurrencies to buy and hold and also the reasons why they are likely to explode in 2022. Read more below: 1. BitgertBitgert popularity in the industry is not about the…
Shiba Inu, Bitcoin, Ethereum, Dogecoin, BNB, Bitgert & Centcex – These Cryptos Are Worth A Look by Analytics Insight January 15, 2022 It’s 2022, and the crypto market is opening up with many old and new crypto projects showing signs of hitting a bull run soon. There is so much happening in individual projects that will make them stand out and dominate the industry. There are many cryptocurrencies out there to select from, but this list has some of the best worth looking at. Read more below why the following might be the best cryptocurrencies of 2022. 1. BitgertBitgert team has…