Author: hotcrypto

Image source: Getty Images Each of these projects are well positioned to exploit hyperpopular blockchain trends this year. Key points In 2022, we can expect to see continued growth in the metaverse, non-fungible tokens (NFTs), and decentralized finance (DeFi).Proven projects that support one or more of those growth areas should do well this year.Three projects to watch are The Sandbox (SAND), Chainlink (LINK), and Avalanche (AVAX). The cryptocurrency space is known for its volatility, but it’s also known for innovation and performance within key areas of growth. It’s safe to say that we can expect strong growth and momentum from…

Cryptocurrencies have been bearish since early November, as the crackdown in this market continues, while central banks have started to turn hawkish, which means less cash to go around, as they tighten up the monetary policies, therefore less investment in cryptocurrencies. The stock market has retreated this week, as inflation increases, while the crypto market has been bearish since November. But we have seen increasingly bullish signs, especially in Fantom, so let’s see what the charts look like for Fantom and Cardano.Fantom Daily Chart Analysis – FTM Heading for All-Time HighsFTM bouncing off MAs againCertain cryptocurrencies have been showing increasingly…

Pulled from Benzinga Pro here’s the list of the top crypto gainers and losers at the time of publication: GAINERS Secret (CRYPTO: SCRT) rose 18.87% to $7.94 over the past 24 hours. Secret’s current trading volume totals $66.16 million, a 237.72% increase from its 100-day average volume. As of today, $SCRT’s estimated market cap is $1,254,768,705.00.Circulating Supply: 157,634,126.00Max Supply: Not Available Dogecoin (CRYPTO: DOGE) is up 11.65% at $0.19. The trading volume for this coin is currently $5.17 billion, which is 171.33% higher than its average full-day volume over the last 100 days. As of today, $DOGE’s estimated market cap…

Authorized by well-known game Naraka: Bladepoint, world-leading blockchain publisher MetaList Lab is announcing that it intends to sell Naraka copies through cryptocurrencies such as Bitcoin (BTC) and Binance Coin (BNB). MetaList Lab has struck a partnership with Binance Pay to use it as the main payment tool.Naraka: Bladepoint is a player-versus-player mythical action combat experience with martial arts-inspired melee combat, gravity-defying mobility, vast arsenals of melee and ranged weapons, and legendary customizable heroes with epic abilities. It has sold over 6 million copies in four months. Naraka: Bladepoint is also a Steam Weekly Global Top Seller and has a $1.5-million…

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Global cybersecurity solutions company Kaspersky discovered that advanced persistent threat (APT) actor BlueNoroff has been wiping out cryptocurrencies in a campaign now known as SnatchCrypto. The attacks are aimed at small companies that deal with cryptocurrencies and smart contracts, Decentralized Finance (DeFi), Blockchain, and the FinTech industry. Based on Kaspersky’s research, BlueNoroff, considered as the financial arm of the larger and well-known Lazarus group, sends full-featured Windows backdoor with surveillance functions under the guise of a “contract” or another business file to unsuspecting employees of the small businesses. The APT actor built a complex infrastructure that would allow it to…

Bitcoin failed at conquering $44,000, and the subsequent rejection drove it south by $2,000. Most altcoins are also well in the red today, with Dogecoin being among the few exceptions. DOGE jumped by double-digits following news from Tesla. Bitcoin Rejected at $44.5K After the latest price drop on Monday, in which the primary cryptocurrency dumped below $40,000 for the first time in nearly four months, the asset started to reclaim value somewhat rapidly. It jumped to $42,000 before another leg up drove it to $44,000 on Wednesday as the US announced its highest inflation rate numbers in 40 years. After…

NEW DELHI: Cryptocurrencies are once again in the news as the government is reportedly looking at fine-tuning the definition of income and gains for crypto assets in the upcoming budget. The Centre has sought opinion from senior tax advisors on whether the income earned from investing in cryptocurrencies could be treated as business income as against capital gains from this year onwards. But before we get into the taxation and legality of cryptocurrencies, let’s first understand this digital asset and how it really works. What are cryptocurrencies? A cryptocurrency is a form of digital currency. “It is a collection of…

Shiba Inu Surges 16% After Rumors of Robinhood Listing CoinDeskShiba Inu (SHIB) fetches 30% gain on Robinhood listing rumor and bullish chart pattern CointelegraphCould Shiba Inu Finally Get Listed on Robinhood? The Motley FoolAfter meteoric 2,50,00,000% rise, Shiba Inu is buzzing again; can it rally more? Economic TimesMeme Coin Alien Shiba Inu Rallied Over 500% In A Day NDTV ProfitView Full Coverage on Google News This news is republished from another source. You can check the original article here

by Adilin Beatrice January 14, 2022 These cryptocurrencies are both cheap and profit-making in the long runAlthough 2021 turned out to be an eventful year for cryptocurrencies, 2022 has brought more challenges to the sphere. Even popular digital tokens like Bitcoin and Ethereum are struggling to make ends meet since the beginning of the year.  While cryptocurrencies are an intriguing investment model, it comes with risks and extreme volatility. Therefore, experts always suggest cryptocurrency investors spend a minimum amount on digital tokens. For example, only 5% of a person’s savings portfolio should have cryptocurrencies. Because everything is unpredictable in the…