Author: hotcrypto

VeChain (VET) has been relatively less volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has advanced 0.72% to $0.08021659269. InvestorsObserver is giving VeChain a 18 Volatility Rank. Find out what this means to you and get the rest of the rankings on VeChain! Low Volatility InvestorsObserver gives VeChain a low volatility rank of 18, placing it in the bottom 18% of cryptos on the market.The Volatility Gauge tracks the previous 60 days, meaning that one day won’t make or break the score. VET’s low volatility reading comes with a low…

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Cardano lost its third position in September to Tether, despite unleashing smart contract and DApp featuresIn August 2021, Cardano’s ADA token skyrocketed by 150% and became the third-largest cryptocurrency by market capitalization. Unfortunately, the digital token couldn’t keep the crown for a longer time. Towards September, ADA lost its position to Tether and Binance Coin. Since then, Cardano’s price has been on a downward trend. Although ADA has positioned itself as a major ‘Ethereum Killer’, the value seems to be gloomy. Therefore, we explore Cardano’s possibility to get back its third position in 2022.Cardano began 2021 on a positive note.…

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Image source: Getty Images Ethereum (CRYPTO: ETH) investors who bought on 1 January 2021 and sold on 31 December will have little to complain about. Ethereum started the year just gone trading for US$730. It hit an all-time high of US$4,892 on 16 November before retracing. By the end of the year, Ether was worth US$3,683, a year-on-year gain of 406%, according to data from CoinMarketCap. Now with the token’s significant daily price swings in mind, that yearly gain could be a bit more or less, depending on the time of day you bought and sold. Regardless of timing though,…

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Blockchain, metaverse and NFT technology are set to make a splash at the Consumer Electronics Show (CES) event in Las Vegas this week. The CES is an annual event that features exhibitions of the latest tech advancements and keynote speeches from giants such as LG, Samsung, Amazon, Nvidia and Sony.Innovation of mobility.Sony’s Vision-S #CES2022 pic.twitter.com/lLykDAUapB— Sony (@Sony) January 5, 2022 This year’s event runs between Jan. 5 and Jan. 7 and will host more than 2200 exhibitors, with crypto and NFT companies a notable addition to the perennial gadget makers and TV manufacturers. In terms of the blockchain sector, the…

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THE PancakeSwap token is up after it launched a poll on Twitter about Goldminer Syrup Pool and Farm. Goldminer is a play-to-earn game, where players can earn a GM token by mining gold from virtual mines. PancakeSwap was launched in September 2020, and its creators are anonymous. Meanwhile, Dogecoin has a price prediction of $0.4, which equals 130% growth by the end of the year. Bitcoin’s price prediction is $63,000, according to www.fxstreet.com, which equals 34% growth. Experts have reportedly predicted that Ethereum will jump to $6,000 by the end of the year. DigitalCoinPrice predicted that the XRP crypto will…

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Estonia is set to become the latest country to amend its financial regulations to clamp down harder on the digital currency industry. The European country has amended its anti-money laundering laws to extend oversight over the sector, including targeting decentralized finance (DeFi) platforms and tripling its license fees to over $11,000. In September 2021, the Estonian Ministry of Finance published a draft bill intended to amend the country’s Money Laundering and Terrorist Financing Prevention Act (the AML Act). On December 23, the government approved this draft legislation, and this year, it will undergo three readings before it finally becomes law.…

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What happened  Cryptocurrencies have traded higher for the most part on Tuesday as interest in the crypto community surges. Ironically, growth stocks are down and the Nasdaq Composite has shed 1.6% of its value in trading as of 3 p.m. ET.  Some of the biggest movers today are cryptocurrencies known as altcoins, or alternatives to Bitcoin. And there are a few speculative moves that caught my eye. Celo (CRYPTO:CELO) was up as much as 17.3% in the last 24 hours and is currently up 13.4% over that time. Arweave (CRYPTO:AR) jumped 17.9% and is now up 11.9, while Harmony (CRYPTO:ONE)…

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The Commodity Futures Trading Commission (CFTC) has fined popular crypto prediction market service provider, Polymarket, $1.4 million whilst also ordering it to shut markets that are not in compliance with regulations of the federal agency.Polymarket to pay $1.4 million fineAccording to a press release issued by the foremost financial regulator, Blockratize, the parent company of Polymarket, was accused of failing to register as a designated contract market (DCM) and as a swap execution facility (SEF) thus it was ineligible to offer off-exchange event-based binary options contracts.Per the press statement, Polymarket had been operating as an illegal events market while urging…

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New York, Jan. 03, 2022 (GLOBE NEWSWIRE) — Grayscale Investments®, the world’s largest digital currency asset manager, and manager of both Grayscale® DeFi Fund (the DeFi Fund) and Grayscale® Digital Large Cap Fund (OTCQX: GDLC) (the Digital Large Cap Fund), today announced the updated Fund Component weightings for each product in connection with their respective quarterly reviews.  In accordance with the CoinDesk DeFi Index methodology, Grayscale has adjusted the DeFi Fund’s portfolio by selling certain amounts of the existing Fund Components in proportion to their respective weightings and using the cash proceeds to purchase Amp (AMP). As a result of…

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