Author: hotcrypto
Peter Johnson is a Partner at Jump Capital, where he leads their investments in the fintech and crypto sectors. At the beginning of 2021, we predicted that it would be a seminal year for crypto and made 10 bold predictions. Over the year, the majority of these predictions came true – including bitcoin hitting $50,000, stablecoins hitting $100 billion in supply, exponential growth in DeFi, an ETF being approved, and the rise of crypto IPOs and M&A. We believe 2022 will be another big year for crypto, with the overarching theme being widespread adoption – including widespread adoption of stablecoins,…
SafeMoon receives an average risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a token can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk. InvestorsObserver is giving SafeMoon a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on SafeMoon! Trading Analysis The risk gauge…
What happened Today, top proof-of-stake cryptocurrencies Solana (CRYPTO:SOL), Cardano (CRYPTO:ADA), and Polkadot (CRYPTO:DOT) have all seen incredible downside pressure. These top tokens were down 7.4%, 8.3%, and 3.8%, respectively, over the past 24 hours as of 9:45 a.m. ET. What’s notable is that leading proof-of-work blockchain Ethereum (CRYPTO:ETH) has seen smaller declines over the same time. This token had lost approximately 1%, still outperforming the overall market, which dropped nearly 3% at the time. It appears investors are continuing their flight to safety in the crypto world, choosing megacap tokens such as Ethereum over higher-growth altcoin competitors such as Solana, Cardano, and Polkadot. Additionally, Ethereum is quickly moving…
The growth of NFTs has shot to the next level in terms of popularity and finding acceptance from the crypto community and the mainstream alike. Nonfungible tokens (NFTs) that were initially thought to be a bubble are now expanding their coverage across the cryptoverse.According to a report by DappRadar, the NFT market has had its best year, generating over $23 billion with the floor market capitalization of the top 100 NFT collections standing at $16.7 billion, as of Dec. 17, even before the year closed out. The biggest move for NFTs and the metaverse space has been Facebook’s announcement of…
In July, dogecoin founder Jackson Palmer said that he would not be returning to cryptocurrency as it is “is an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a combination of tax avoidance, diminished regulatory oversight and artificially enforced scarcity.” This news is republished from another source. You can check the original article here
As crypto assets like Bitcoin, alt coins, and NFTs took off, there was a tendency to sideline GameFi. After all, kitties and Axies look like entertainment at first glance, rather than serious investments. However, a report by Huobi Research revealed why games and GameFi signal far more than just playthings. DeFi hard, GameFi harder Before readers could dismiss GameFi, the report by Huobi Research noted, “Since this summer, GameFi’s number of unique users has surpassed that of DeFi’s, becoming the main contributor to the total number of Dapp users. As of early December, GameFi’s weekly active users have reached 9.21…
Disclaimer: The text below is a press release that was not written by Cryptonews.com.San Francisco, United States, 13th December, 2021, ChainwirePortal, a true cross-chain DEX that makes atomic transactions between Bitcoin and other digital assets fast, secure, and private, has entered a strategic partnership with Chainlink, the world’s premier decentralized oracle network, to get access to trusted and high-quality pricing feeds. Portal will integrate Chainlink Price Feeds into its DEX network. Price data provided by the Chainlink Network is mission-critical because it helps ensure that when users are making a cross-chain transaction, they are getting prices that reflect broad market coverage.It…
The global crypto market reported losses throughout New Year’s Day. The market cap at 4.01 pm was $2.22 trillion, down 1.65 per cent, showed coinmarketcap data. Trading volume is also down by 11.45 per cent at $83.24 billion which might be a mixed signal considering a weak market start for 2022. In what could be the first such instance in South Korea, ruling democratic party representative Lee Kwang-Jae announced that people can make donations for his political campaign using crypto tokens like Bitcoin, Ether, and other Korean crypto tokens. He added that the receipts of these donations will be issued…
© Reuters Shortage.Finance – A new safe asset-backed by Ethereum Not all investors love day trading, a strategy that requires constant commitment to be successful. Among the many crypto enthusiasts who prefer to buy coins and keep them in their wallets, the practice of staking has become very popular. Blockchain technology is now used for very different projects, and the one we will talk about in this review is one of the latest to appear on our radar. Shortage.Finance was born with the ambition to establish itself as a safe asset-backed by (ETH). The project’s team has recently launched its…
Created: Dec 31, 2021 10:51 AM Gregory Dwyer (File photograph)An Australian cryptocurrency executive extradited from Bermuda has had his trial in America delayed to give him more time to prepare.Gregory Dwyer agreed to be extradited to the US in September to face alleged breaches of anti-money laundering laws in connection with BitMEX, a cryptocurrency firm with Bermuda operations.He was at first scheduled to stand trial in the US alongside three other defendants, who prosecutors allege broke banking laws by knowingly accepting fake passports from Iran-based traders while the country was subject to US sanctions.All four have denied the charges, which…