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The countryâs adoption of BTC as legal tender wasnât enough to keep the cryptocurrency near $50K in September. Hi Market Wrap readers! During the final two weeks of 2021, weâre using this space to recap this yearâs most dramatic moments in cryptocurrency markets â and highlight the key lessons from this fast-evolving corner of global finance. Over a series of...
Airdrops can kickstart a community, but that doesnât mean they have staying power. (Kamil Pietrzak/Unsplash) In a remarkable display of the power of airdrops in community formation, a new token reached a peak market capitalization of over a quarter-billion dollars in just four days. Unclear goals, looming security risks and a fickle market could lead to prices drifting lower as...
El Salvador. The metaverse. Web 3 catalysts. Ethereumâs future. 2021 was a historic year for crypto with many milestones. And there are no signs of the momentum slowing down in 2022! As per our tradition since 2015, here are my 10 crypto predictions for the coming year: Fortune 500 companies in the metaverse 2021 saw the concept of the metaverse...
The bitcoin-holding U.S. senator is trying to âfully integrateâ crypto into the U.S. financial system, an aide said. U.S. Sen. Cynthia Lummis (R-Wyo.), one of Bitcoinâs most vocal advocates on Capitol Hill, will pitch Congress next year on creating a crypto regulatory body as part of her sweeping digital asset policy bill, a senior aide told CoinDesk. Lummis, who sits...
Project Name: MegaTokenSymbol: HPWproject description:MegaToken (HPW) taken from Hash Per Watt is a mining token. MegaToken has tokenized the farm's equipped mining power by creating a mining token equivalent to one watt of affordable and green electricity. MegaToken smart mining platform allows users with tokenized power sources to mine bitcoins and other cryptocurrencies for the first time by using an...
Dogecoin pumped along with bitcoin thanks to some high profile tweets. Hello, Market Wrap readers! During the final two weeks of 2021 weâre using this space to recap the yearâs most dramatic moments in cryptocurrency markets â and highlight key lessons from this fast-evolving corner of global finance. Over a series of eight posts starting on Dec. 20 and running...
Some crypto businesses are starting to calculate their Bitcoin carbon emissions through developments in new models. Some crypto businesses are starting to calculate their Bitcoin carbon emissions through developments in new models. Billion-dollar companies across the globe are betting big on Bitcoin (BTC). Recent analysis from European investment manager Nickel Digital Asset Managementfoundthat 20 publically listed companies with a market...
One of the most devastating hacks in recent memory has led to an ambitious payback plan. (Robert Hoffman/Unsplash) After a devastating $130 million hack, BadgerDAO is moving forward with the first steps in an ambitious restitution plan that may be among the most complex in decentralized autonomous organization (DAO) history. The DAO â in this case, an ostensibly leaderless collective...
A move by the U.S. central bank to ratchet up interest rates could lead investors away from cryptocurrencies, which are considered riskier investments. Good morning. Hereâs whatâs happening this morning: Market moves:Bitcoin moved above $47,000 a day before a Fed decision on combating inflation. Technicianâs take:Bitcoinâs tight price range could persist into the Asia trading day. Catch the latest episodesof...
Ether climbs back above $4,100 but the direction of crypto markets at the start of the week remains uncertain. (FooTToo/Shutterstock) Good morning. Hereâs whatâs happening this morning: Market moves:Bitcoin returned above $50,000 after the S&P 500 rose to a near record high. Technicianâs take (Editorâs Note):First Mover Asia replaces the usual Technicianâs Take today with CoinDeskâs annual list of the...
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