Author: hotcrypto
Cryptocurrency World Map Statistics: Which Coins Received the Most Attention in 2021? 2021 was full of key moments that sparked and defined the growth of the cryptocurrency industry, increasing global interest in various assets events such as; exceeding $1 trillion in market value and becoming a legal tender in El Salvador; Elon Musk “boosting” Dogecoin’s price; upgrading its system, the explosion of the metaverse, and the surge of blockchain games. With many Altcoins gaining trust and recognition, world map statistics, by Über Holger from Blockchain Center, have revealed coin search interest by country. Bitcoin Still Dominates, Yet Loses 25% of…
During a recent interview, Tesla and Space X CEO Elon Musk shared his latest thoughts on money, cryptocurrency in general, Dogecoin, and Bitcoin. His comments came an interview for episode #252 of the Lex Fridman podcast. Below are some highlights from Musk’s comments during this excellent interview. Fridman and musk started this portion of the interview by talking about the planet Mars and that despite Musk’s tweeting (more or less) that the ideal cryptocurrency for Mars is Dogecoin, Mars needs to have its own completely separate cryptocurrency (i.e. one not tied to Earth): “Well, we need to have a different currency…
New Delhi: 2021 was an excellent year for the cryptocurrency space. Right from institutions getting involved with cryptocurrencies and raising millions to invest in the space to the booming NFTs. Ethereum outperformed its sole larger peer Bitcoin in 2021. One of the factors that led to such a meteoric outperformance was the EIP-1559 update, which reduced Ether’s inflation rate. Ethereum zoomed over 425 per cent in 2021, whereas Bitcoin jumped only 66 per cent. The benchmark index of the United States, S&P 500, advanced 31 per cent, whereas gold marginally lowered. Though, the fundamentals of the largest crypto token have…
Fool.com contributor Chris MacDonald and The Motley Fool’s Eric Bleeker give the high-level bull thesis on why Chainlink (CRYPTO:LINK) is a cryptocurrency investors should keep on their radar this holiday season. Eric Bleeker: Let’s look at Chainlink briefly because it’s one of the Web3 showcases. But how about just briefly why that would make a list of your top opportunistic ideas. Chris MacDonald: I think Chainlink is interesting from the interoperability standpoint of crypto and where the sector is moving in terms of integrating blockchain-related data with off-blockchain data. Chainlink is an Oracle network that links up off-chain data with various blockchains.…
Bitcoin and cryptocurrency had their biggest year ever in 2021 with El Salvador becoming the world’s first country to adopt bitcoin as legal tender (though not everyone is convinced). Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and discover hot new NFT and crypto blockbusters poised for 1,000% gains’ The bitcoin price rocketed from around $30,000 per bitcoin this time last year to almost $50,000 today. Other major cryptocurrencies ethereum, Binance’s BNB, solana, and cardano have surged far higher, with the ethereum price up almost 400% since this time last year and ethereum rival solana soaring a mind-numbing 10,000%. Now,…
Did you or did you not publish your year-end roundup on Twitter? Well, if you didn’t, one person who did was Vitalik Buterin. Just a few hours into 2022, the Ethereum founder doubled down on his support for the proof-of-stake consensus mechanism. This, despite being a proof-of-work supporter in the past. Apart from that, Buterin also shared some strong opinions about Bitcoin Cash. Nothing like Ether On how he transitioned from being a supporter of the PoW consensus mechanism to PoS, Buterin said, “…In 2012, I was briefly an apologist for PoW energy waste. Though fortunately, by 2013 I got…
Blockchain security company PeckShield has alerted investors of a possible rug pull event after identifying a massive 46.99% price drop on MetaSwap’s MGAS token. The MetaSwap protocol allows nonfungible token (NFT) swaps over the Ethereum, Binance and Polygon blockchains.Following the unexpected price drop, all official accounts linked with Metaswap Gas — including Twitter, Instagram and Medium — were removed, supporting PeckShield’s claim of a rug pull.#RugPull PeckShield has detected that @MetaSwapMGAS soft-rugged, the stolen funds (1,100 BNB) are transfered to @TornadoCash (#BSC). DO NOT STAKE in this contract and if you’ve approved it, REVOKE https://t.co/b7sSsMz3ZE— PeckShield Inc. (@peckshield) December 27,…
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has shared his cryptocurrency investment strategy and which coins he owns. He also discussed crypto market bubbles, diversification, regulation, and why he thinks non-fungible tokens (NFTs) will be bigger than bitcoin. Kevin O’Leary Discusses His Crypto Investments, Market Bubbles, and NFTs Shark Tank star Kevin O’Leary discussed cryptocurrency, his investment portfolio, diversification, market bubbles, meme coins, and non-fungible tokens (NFTs) in a recent interview with Forbes, published Friday. He explained that he views “the entire crypto industry as software development teams,” adding that he is betting on “really strong creative software engineers.”…
Some people get fitter, some want to get richer, and some want to find happiness as the new year begins. Cryptocurrencies aren’t all that different. They want to grow, become more valuable and get as many people as possible on board. The crypto Santa Rally may have skipped the crypto markets this year, but New Year’s is a time for new beginnings. Therefore, New Year’s resolutions are the best time for digital currencies — like Bitcoin, Ethereum, Binance Coin, Avalanche and others — to start making changes to fresh all-time-highs in 2022.Here’s the fifth story in a series that we,…
Russian banking giant Sberbank has presented the country’s first exchange-traded fund (ETF) giving investors access to the blockchain space. The new instrument holds securities of companies dealing with cryptocurrencies and the technologies that underpin them. Sberbank Introduces ETF Tracking Blockchain Economy Index The largest banking and financial services provider in Russia and the post-Soviet space, Sberbank, has announced the launch of a blockchain ETF. The new product, called ‘Sber – Blockchain Economy,’ aims to provide Russian investors with an opportunity to profit from the crypto sector without the need to get involved directly in the development, acquisition, storage, and sale…