Author: hotcrypto
2022 Will See Greater DeFi, NFT Regulations: Cardano Founder According to Charles Hoskinson, the inventor of the blockchain, the DeFi industry will see more regulation in 2022. In a YouTube program titled “Little Bit of Everything,” Hoskinson said, “New players will join the (crypto) business, and there will very certainly be a flurry of regulatory activities, particularly on the DeFi side. We witnessed a DeFi and NFT craze in 2021, and we are likely to see legislative changes in 2022 and 2023.”He further stated that in 2022, a new universe dubbed the metaverse would be built when people get bored…
Institutional investors represent big money in the financial world. With roughly $100 trillion in assets under management, their decisions to buy or sell an asset can have a significant impact on prices. And recently, those big money movers have taken an interest in cryptocurrency. In fact, 52% of institutional investors already own digital assets, and 71% plan to buy in the future, according to a study from Fidelity. Similarly, decentralized finance (DeFi) is growing in popularity. By making it possible to borrow, lend, and earn interest without the help of banks, DeFi products make financial services cheaper, more efficient, and more accessible.…
Listing On Noteworthy CEXs Opens Floodgate For Revuto User Acquisition Blockchain startup Revuto, a platform that enables users to manage and pay for subscriptions using cryptocurrencies easily, has announced the listing of its Cardano-native REVU token on top-tier centralized exchanges KuCoin and Gate.io. Starting January 7, 2022, retail investors can purchase the token through either of these platforms and be a part of the Revuto community. Revuto is the first dApp on Cardano, designed to leverage Cardano’s native tokens and DeFi solutions to help users pay for their subscriptions and save money irrespective of the crypto market’s volatility. After closing…
Image source: Getty Images. Crypto investors will, broadly, have enjoyed some significant price gains in the year just past. While those gains certainly didn’t come in a straight line, with plenty of gut churning dips along the way, the top altcoins in 2021 delivered some jaw dropping gains, as we discussed here. Of course, not every crypto gained last year. Below, we take a look at the 5 worst performing tokens of the year. As with our top performers, to eliminate the large potential price moves from tiny altcoins, these 5 come from the list of top 100 tokens by…
Bomber Coin (BCOIN) is the token of Bombcrypto, a classic play-to-earn game where players can buy bomber heroes and participate in exciting game modes. It shows great promise, having added almost 7% to its value today. This guide has everything you need to know about Bomber Coin, including the top places to buy it today. Top places to buy Bomber Coin now As BCOIN is such a new asset, it’s yet to be listed on major exchanges. You can still purchase BCOIN using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy…
Bitcoin Technical Analysis Elliott Wave Prediction & BTC Trading Strategies. 00:00 Bitcoin Elliott Wave Analysis.09:50 Ethereum prediction.14:13 Thank you for watching Bitcoin Elliott Wave Analysis. Bitcoin and Ethereum Technical Analysis Elliott Wave Forecast.Ethereum Resistance 4000 Medium Level .Bitcoin Technical Analysis Overview: Bearish while under 50,000.Bitcoin Elliott Wave: Today we take a look at all possible wave counts.Bitcoin Trading Strategy: Short BTC This news is republished from another source. You can check the original article here
Already the crypto market is recovering from the December plunge, with most coins already posting impressive growth. The big number of cryptocurrencies doing well during the first days of 2022 is a sign of good tides coming. Here are some of the cryptocurrencies worth looking at today: Axie Infinity (AXS) Axie Infinity is a gameFi platform built on the blockchain to decentralize the gaming platform by giving the community more control. Users of this gaming platform partially own and operate the game. This is what makes it unique and attractive. There are thousands of investors and users who are actively…
Bitcoin mining uses eight times more electricity than Google and Facebook combined. (Credits: Getty Images)Crypto has a huge carbon footprint problem. A single Bitcoin transaction requires an average of 1,173 Kilowatt Hours (kWh), enough to power a typical UK home for more than three months. Bitcoin seems to be the most power-hungry crypto, with an average usage of 1,173 Kilowatt Hours (kWh) for a single transaction, according to data from MoneySuperMarket.com. In comparison, Alphabet-owned Google, the world’s biggest search engine, uses 12T Watt-hour (Wh), which is about a 12th of Bitcoin’s energy use. Facebook, the world’s largest social network, requires…
SAN FRANCISCO–(BUSINESS WIRE)–Bitwise Index Services, the indexing subsidiary of Bitwise Asset Management, today announced the results of the monthly reconstitution of the Bitwise Crypto Indexes, which took place on December 31, 2021, at 4pm ET. There was one change to the constituents of the Bitwise 10 Large Cap Crypto Index as a result of the December 31, 2021 reconstitution: Avalanche entered the index, replacing Uniswap. As of December 31, 2021, at 4pm ET, the Bitwise 10 Large Cap Crypto Index held the following constituents: 58.69% Bitcoin (BTC), 29.33% Ethereum (ETH), 3.52% Solana (SOL), 2.98% Cardano (ADA), 1.76% Avalanche (AVAX), 1.19%…
Otsphoto/ShutterstockOtsphoto/ShutterstockThe developers of shiba inu coin are launching a decentralized autonomous organization called Doggy DAO. The first phase, called DAO 1, allows users to vote on crypto projects and trading pairs. The guardians 6/9 wallet will keep crypto whales from taking advantage of the system. Shiba inu coin is launching the Doggy DAO to give users more power over the cryptocurrency.In a blog post on ShibaSwap, the coin’s developers said they’re launching a decentralized autonomous organization — like the one that tried to buy the US Constitution — in order to give shiba inu holders voting rights over crypto projects…