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Fractional NFT Markets See Significant Growth in 2021 as Market Cap Surpasses $200 Million
13.12.2021
While the non-fungible token (NFT) economy has exploded in value, another sector of the NFT industry called fractionalization has seen immense growth. A bunch of projects today are dealing with fractional NFTs, which are basically NFT assets chopped into a number of pieces and shared among...
How Global Economy Might Affect Bitcoin, Ethereum, and Crypto in 2022
12.12.2021
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The crypto market has had one of its best years on record, and it largely has the global macroeconomic environment to thank for this. With inflation rising and interest rates historically low, those of us fortunate enough to have savings have looked for somewhere more profitable...
Inflation Plagues American Economy: US Consumer Prices See Fastest Rise in Close to 40 Years
11.12.2021
The consumer price index (CPI) data released Friday by the U.S. Bureau of Labor Statistics show prices in the United States climbed 6.8% in November compared to 12 months ago. It’s the largest rise in close to forty years, and U.S. policymakers are backing away fast from saying inflation...
Experts Believe a Common African Cryptocurrency Can Boost Trade and Sustain Growth After Covid-19
9.12.2021
Some economic experts from Africa have suggested that the continent now needs a common cryptocurrency and an integrated capital market to boost trade and sustain growth. The Importance of a Common Crypto Experts on the African economy have argued that a common cryptocurrency along with...
$11 Billion Added to Stablecoin Economy in 10 Days, UST and OUSD Issuance Swells
8.12.2021
During the last week of November, the stablecoin economy had crossed the $150 billion mark for the first time with tether and usd coin dominating the pack. In a mere ten days, the stablecoin economy gathered another $11 billion in value with origin dollar and terra usd swelling significantly during...
Ubisoft First Major Pub To Befoul Own Game With NFTs
8.12.2021
Ubisoft just announced Ubisoft Quartz, an NFT initiative which allows people to buy artificially scarce digital items using cryptocurrency. This announcement represents the AAA-industry’s first real foray into NFTs, which a lot of people absolutely hate because they are a massive scam. Other major...
2021’s BTC Obituary List Accelerated This Year, 41 Alleged Bitcoin Deaths Recorded
6.12.2021
As bitcoin and a number of crypto assets have dropped in value during the last two weeks, its seems that everyone’s hope for six-digit bitcoin prices has become unattainable. However, year-to-date, bitcoin has risen more than 150% in value and despite the rise, skeptics and critics continue...
Meme Token Economy Suffers After Crypto Market Dip, DOGE and SHIB Market Caps Lose Billions
5.12.2021
The global cryptocurrency market valuation has rebounded a great deal since the initial downturn after 12:00 a.m. EST on December 4, and on Sunday, the crypto economy is down 1.4% during the last 24 hours. Meanwhile the meme token market capitalization today is $47.2 billion down 12.6% during...
Crypto Economy Loses Billions in Market Downturn, Bitcoin Price Slips More Than 25% in 30 Days
4.12.2021
A great number of cryptocurrencies dropped considerably in value during the early morning hours (after 12:00 a.m. EST) on December 4. At the time of writing, the crypto economy is down more than 16% and the price of bitcoin slid below the $50K zone to a low of $43,972 per unit. Since then, bitcoin...
Ethereum Market Cap Is Less Than 50% Away From Flipping Bitcoin — ETH Nears All-Time Price High
1.12.2021
The second-largest cryptocurrency in terms of market capitalization, ethereum, has come awfully close to reaching the digital asset’s all-time high ($4,878) it reached 21 days ago on November 10. While bitcoin dominance has slid below the 40% zone, ethereum’s market dominance, or $557...
New Crypto and Blockchain Association Launches in Iran
1.12.2021
A recently established crypto industry association in Iran has commenced activities under the country’s chamber of commerce. Its management hopes to help remove obstacles challenging its members while facilitating the implementation of blockchain technology in the sanctioned nation’s...
BRD Wallet and Unbound Security — Coinbase Acquires 2 Companies in Less Than a Week
1.12.2021
The publicly-listed crypto-asset exchange Coinbase has announced the company has acquired the Israeli firm Unbound Security. The announcement follows Coinbase acquiring the cryptocurrency wallet BRD last week and the Unbound acquisition is aimed at the company’s “commitment...
New World Bots Are Stealing All Resources And Tanking The Economy
30.11.2021
Amazon Game Studios’ New World has been plagued by a number of issues since the MMORPG launched in September, from incredibly simple exploits to repeated pauses in its economy due to cheaters. The game’s latest confounding issue comes in a deluge of high-level farming bots that are stripping...
Annual Volume of Crypto Transactions Made by Russians Reaches $5 Billion, Bank of Russia Finds
28.11.2021
With the growing capitalization of the crypto economy, Russians have been making crypto transactions worth billions of dollars a year, data gathered by the Central Bank of Russia shows. Russian residents are some of the most active participants in the crypto market, the regulator has acknowledged....
Stablecoin Economy Surges Past $150B, Stablecoins Command Over 50% of Global Crypto Trade Volume
26.11.2021
A great number of digital currencies have swelled in value this year and as the end of 2021 approaches, the market capitalization of all 11,000+ crypto assets in existence is roughly $2.6 trillion. These days, it’s safe to say that dollar-pegged tokens, otherwise known as stablecoins, have...
Crypto Economy Slides 8% in Value Shaking Out Billions, Blame Placed on New Covid Variant
26.11.2021
During the last 24 hours, the crypto economy has lost 8% in value as a great number of crypto asset prices dropped significantly during the overnight trading sessions. Crypto markets lost more than $22 billion in value as the leading digital currencies in the top 20 standings lost anywhere between...
Mexico’s Third Richest Man Advises Buy Bitcoin Now — Says US Looking Increasingly Like Third World Country
26.11.2021
Mexico’s third-richest billionaire, Ricardo Salinas Pliego, has advised investors to “buy bitcoin right now.” He explained that the U.S. is “looking more and more like any other irresponsible third world country.” Ricardo Salinas Pliego on US Economy and Bitcoin...
Woman Steals $680,000 To Spend On Gambling Game That Never Paid Out
26.11.2021
A woman has plead guilty to fraud charges after using her position as the accounts manager at a veterinary hospital to steal around $680,000, which she spent entirely on a mobile gambling game that did not and could not ever pay out with real cash.Read more
Bitcoin Dominance Slides Below 40% for First Time in 6 Months
25.11.2021
During the last week, the price of bitcoin has been hovering below the $60K range and digital currency advocates are wondering which way the market is headed next. At the time of writing, the crypto economy is valued at $2.81 trillion and bitcoin’s market dominance has sunk below the...
Crypto poses no big risk to economy so far, Bank of Canada official says
25.11.2021
Canada is one of the first countries to approve a Bitcoin ETF and is the fourth-largest nation in terms of hash rate