Author: hotcrypto
It’s been a rough start to 2022 for crypto investors. Bitcoin (CCC:BTC-USD) has witnessed meaningful correction and altcoin have followed. Unrest in Kazakhstan has resulted in Bitcoin network power slumps and that’s one reason for the correction. Further, the Federal Reserve has signaled tapering and rate hikes are coming in 2022. Relative tightening of liquidity is another reason for some weakness in the crypto world. However, volatility is nothing new in the crypto space. In the past, Bitcoin has witnessed sharp correction. It has been followed by a strong reversal rally. I also believe that we are at a point…
Ethereum price gears up for explosive rally as buying activity accelerates Ethereum price has kicked off its recovery after a recent drop. There is a significant spike in buying activity as traders accumulate Ethereum. Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Altcoins ready to explode as BTC shows strength Bitcoin price is showing signs of bottoming and starting a new uptrend. Although BTC is getting rejected at a supply zone, this development will be followed by a massive spike that propels the market value of the big crypto. Ethereum and Ripple also look positioned for a bullish onslaught. Cardano traps…
Turkish lira volatility prompts rotation into crypto, tether – WSJ Seeking Alpha This news is republished from another source. You can check the original article here
What Is Happening To The American Dream?You are a financially responsible person, and a hard working one, at that. You study and prepare for all of your youth, eventually graduating high school. This is very exciting, as you are the first in your family to get their diploma. After interviewing you land a position as a milk delivery driver, ferrying truckloads of milk to people’s doorsteps. You fall in love and get married, buy a large piece of land in the suburbs, and have a large family. Your family lives comfortably off of your salary alone, and through your hard…
Check out what’s clicking on FoxBusiness.com. Kim Kardashian, Floyd Mayweather Jr., and Paul Pierce are among a number of celebrities being sued for allegedly leading investors into a cryptocurrency “pump and dump” scam. The celebrities and other defendants are accused of making “false or misleading statements to investors about EthereumMax through social media advertisements and other promotional activities,” according to the class-action complaint filed last Friday in the U.S. District Court for the Central District of California. In addition to the three celebrities, defendants include the co-founders of the company and others.CRYPTOCURRENCY PRICES DROP OVERNIGHT SETTLING AT $41,900The lawsuit alleges…
What happened Dog-inspired meme tokens had a generally good day Wednesday. But Shiba Inu (CRYPTO:SHIB) significantly outperformed other large-cap meme tokens such as Dogecoin (CRYPTO:DOGE). As of 3:50 p.m. ET, Shiba Inu was up by 13.8% over the prior 24 hours, while Dogecoin’s gains amounted to 4.9%. To be sure, both tokens outperformed the broader crypto market, which rose by 3.5% over the same time frame. Broadly speaking, risk assets climbed Wednesday as investors took a sigh of relief following the Labor Department’s December consumer price index report. Inflation by that measure came in at 7% year over year, meeting the market’s…
The research report of Blockchain Supply Chain market Shares is predicted to accrue a significant renumeration portfolio by the end of the predicted time period. It includes parameters with respect to the market dynamics – incorporating varied driving forces affecting the commercialization graph of this business vertical and risks prevailing in the sphere. In addition, it also speaks about the growth opportunities in the industry. The Blockchain Supply Chain market report renders a detailed picture of this business sphere with respect to the past, present, and future scenarios. Furthermore, it summarizes the solutions for the prevalent challenges in…
The European Road to a Central Bank Digital Currency (CBDC) Most Central Banks are in the process of evaluating, designing or even launching a digital version of their official currency – as an alternative means of payment on the basis of a crypto token. An up to date overview of the current status of all CBDC projects can be found at https://cbdctracker.org/. To name just a few: China has been experimenting with the Digital Yuan (or Renminbi) since 2014, launched a pilot in four major cities in 2019 and is now expanding it to six further cities, including Shanghai. Likewise, Sweden has…
This article is excerpted from Tom Yeung’s Moonshot Investor newsletter. To make sure you don’t miss any of Tom’s potential 100x picks, subscribe to his mailing list here. The “Everything Bubble” Continues to Deflate Source: Shutterstock Bonds… Treasury… Crypto… The past week has been a catastrophe for any liquidity-dependent asset class. Bitcoin (CCC:BTC-USD) is down to $40,000, and 5-year Treasury yields are at their highest point since before the pandemic started. The Federal Reserve’s “punch bowl” (i.e., the $260 billion-per-month stimulus program that’s added $1.6 trillion to the U.S. economy) is getting taken away. Investment bank Goldman Sachs forecasts four…
Blockchain scalability has been a hot topic in the crypto industry for quite a while. With Ethereum suffering from congestion that caused transaction fees to skyrocket, there has been a surge of Layer-1 EVM-compatible blockchains on the market.We take a look at some of the most popular and most promising Layer-1 EVMs that are expected to make big strides in 2022 as the industry switches its focus away from Ethereum.Moonriver (Kusama)Moonriver is the canary network of the Polkadot-based Moonbeam, developed by the PureStake team. It’s an EVM-compatible platform that enables developers to deploy smart contracts and dApp front-end offices built…