Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
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Vitalik Believes Ethereum Is Halfway To Completion
Though Ethereum has been delayed several times on its way to v2.0, its founder remains optimistic. Vitalik Buterin recently told the Bankless podcast that he thinks the network is “50% of the way there” in upgrades. In addition, he outlined a 5 step process by which he sees it reaching its “Endgame” – a follow-up to his recent article. 5 Stages To Success Vitalik broke down Ethereum’s roadmap into five easy-to-remember stages. These are the Merge, the Surge, the Verge,…
3 years ago
Bitcoin Wins 2021 Over All Capital Markets, Says Goldman Sachs
Bitcoin may not have met 2021 price expectations, but it was still an incredible year by non-crypto standards. According to data from Goldman Sachs, the primary cryptocurrency outperformed all capital markets throughout last year. Moreover, its growth appears to have come at the expense of gold, which Bitcoin is often compared to as its competitor. Bitcoin VS The Old Guard As the investment bank’s equity basket return scorecard presents, Bitcoin saw 60% returns from January 1st to December 31st 2021.…
3 years ago
IMF calls for a global crypto policy
Last year, we saw policymakers worldwide divided over the topic of crypto regulations. Overall, we have observed all sorts of legal treatments: from direct national bans to local adaptation as legal virtual currencies. It is not yet clear which path this debate will take in 2022. However, surprisingly, one of the leading representatives of the IMF has taken an essential step towards a crypto-friendly world. According to Gita Gopinath - chief economist at the IMF - the need for a…
3 years ago
The Bitcoin Blockchain Turns 13 Years Old
It mined Bitcoin’s genesis block 13 years ago as of today. Twitter has been active with a celebration over the special day, including some minor comments about Jack Dorsey and Elon Musk. Happy Birthday, Bitcoin! Bitcoin’s software was released for public participation on January 9th 2009. However, January 3rd 2009, appears to be when pseudonymous developer Satoshi Nakamoto mined Bitcoin’s genesis block. However, this block may have been back-dated. The block was unique for several reasons. Firstly, unlike all other…
3 years ago
Max Keiser: Bitcoin To $220k By End Of 2022
Max Keiser – host of The Keiser Report and Orange Pill Podcast – has revised his Bitcoin price target. Though his 2021 prediction failed, he has pushed forward the exact $220k estimate to the end of 2022. He uses Bitcoin’s record hash rate to justify his claim, arguing that it positively affects the asset’s price. $4 Trillion Dollar Asset? Keiser offered his revised prediction in conversation with Express on Sunday. He said that he was “pushing” his $220,000 price target…
3 years ago
DYP Founder Shows Faith in the DYP PAW NFT Collection with BAYC NFT Purchase
The DeFi Yield Protocol’s CEO and founder, Mihai Nicusor Busica, revealed he purchased an NFT from the Bored Ape Yacht Club collection on January 3 through a Twitter post. Mihai acquired the #1112 Bored Ape for a whopping 80 ETH, which is the equivalent of $304,000. His announcement comes two weeks before the launch of the protocol’s NFT collection, the Cats and Watches Society. The event set to unroll on January 17 will also entail the launch of its V2…
3 years ago
Nexo Founder Explains His Case For $100,000 Bitcoin
Founder of one of the largest crypto lending sites thinks Bitcoin could reach $100,000 in 2022. That's because the Fed' won's stop printing money - making other countries turn to BTC. Antoni Trenchev, the co-founder of Nexo, one of the largest lending sites for crypto globally, shared his predictions for crypto. In the short interview, the Bulgarian businessman spoke about why he is bullish on Bitcoin. He also revealed why he thinks the "digital gold" could reach $100,000 in the middle of…
3 years ago
Samsung Unveils NFT Integration For Smart TVs
Samsung has unveiled ambitious plans for 2022 - with NFTs front and centre! Besides the updated TV hardware, the company also announced a New Smart Hub and other apps for improved user experience. The New Smart Hub will have several new features that will bring its users closer to the Metaverse. One of the features is a groundbreaking NFT Platform that will support NFT trading on the new Smart TVs. This application features an intuitive, integrated platform for discovering, purchasing and…
3 years ago
WMA: Bitcoin and Most Altcoins Start 2022 in the Red
Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,238 trillion. Bitcoin is down by almost 6% and trading just above $47,000. Ethereum is down by roughly 7% after a disappointing week. XRP dropped by almost 8% over the past seven days. Most altcoins are trading in the red, with very few exceptions. The DeFi sector lost nearly $2 billion from the Total…
3 years ago