Insights of Crypto

2021-12-14 16:32:43 Dogecoin Surges as Elon Musk Teases Tesla Merchandise Plan

Dogecoin surged as much as 33% after Tesla CEO Elon Musk said the electric-car maker would accept dogecoins as payment for its merchandise.

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2021-12-14 16:31:38 Avalanche Adds USDC Stablecoin in Continued DeFi Push

Avalanche, an Ethereum-rivaling smart contract blockchain, is adding a native version of USDC – the stablecoin backed by cash and liquid cash equivalents that is administered by Boston-based Circle.

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2021-12-13 18:30:25 Sushi Jumps 10% After Top Avalanche Developer Proposes Takeover

Sushi tokens jumped as much as 10% in early European hours to over $6.19 from a low of $5.30 on Sunday night, data from markets tool CoinGecko shows. Prices retraced slightly to $5.90 at press time as traders likely took profits from the bump.

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2021-12-13 15:52:04 Bitcoin Exchange Outflows Resume as Stock Markets Get Over Fed Jitters

Crypto investors appear to have resumed bitcoin accumulation, a sign they expect the price to rise, after U.S. stock markets overcame concerns about the economy to post their strongest gains in 10 months last week.

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2021-12-12 20:00:06 Vitalik Buterin outlines ‘endgame’ roadmap for ETH 2.0

Ethereum co-founder Vitalik Buterin has outlined his vision for a “plausible roadmap” for Eth2, presenting a future where the largest smart-contract platform can increase its scalability while meeting high standards for trustlessness and censorship resistance.

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2021-12-11 13:33:05 Bitcoin Posts Fourth Consecutive Weekly Drop From All-Time High

Bitcoin posted its fourth consecutive weekly decline after a brief bounce triggered by a report showing U.S. inflation accelerated failed to unwind the negative sentiment that has recently gripped digital-asset markets.

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2021-12-11 13:30:38 US Inflation at 39-Year High Fails to Buoy Bitcoin

The consumer price index surged to 6.8% in November, but traders may hold off on investing in risky assets the rest of the year.

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2021-08-27 21:44:01 #ADA #Cadarno

Cardano’s ADA Token Surges as Fresh Buyers Jump In

Cardano’s ADA token surged in digital-asset markets, pushing the gains this month alone to 112%, as the price fast approaches its all time high.

The number of wallet addresses holding the asset for fewer than 30 days increased by 10% compared to the month of July, possibly a sign that fresh buyers are coming in, according to IntoTheBlock data.

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2021-08-21 09:56:19 #Polygon #DAO #Ethereum

Polygon to create a decentralized autonomous organization

Ethereum scalability infrastructure developer Polygon said it will form a decentralized autonomous organization, or DAO, for all of its community members, as well as projects in decentralized finance, or DeFi.

In a Thursday announcement, Polygon called on its members to express their views on the platform forming a DAO. According to Polygon, it plans to create committees to promote discussion between projects including QuickSwap, Sushi Aave and others to “bring DeFi to the next million users.”

“As the Polygon ecosystem grows, the committee members have a front-seat opportunity over others to increase cross-collaboration for their products,” said the project. “Voting for elections of new members could be implemented in multiple ways like by using staked MATIC on PoS or via the DAO tokenholders.”

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2021-07-20 08:17:30 #Bitcoin #Crypto #Fiat

Crypto experts see Bitcoin (BTC) replacing fiat money in 20 years

Bitcoin’s (BTC) current price slump has failed to dampen some experts’ optimism regarding the world’s biggest cryptocurrency.

In a new survey by personal finance comparison platform Finder.com, half of the respondents believe Bitcoin will surpass fiat money, or central bank-issued currencies, by 2040.

While the sampling is arguably narrow — Finder.com says the report is based on a panel of 42 cryptocurrency experts — it shows that Bitcoin’s price crash from April’s all-time high didn’t impact the long-term perspective of crypto professionals.

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