Day: December 18, 2021

Traders delay $100K Bitcoin prediction, but still expect a blow-off top in 2022

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Bullish traders that drank the “Bitcoin to $100,000 by year-end” Kool-Aid are now coming to terms with the fact that there may be no Santa Claus rally to wrap up 2021. At the moment, the pipe dream has morphed into simple hopes that the top cryptocurrency can at least finish the year above $50,000.  Data from Cointelegraph Markets Pro and TradingView shows that the bounce in price seen in BTC following remarks from Federal Reserve Chair Jerome Powell has pretty much evaporated and over the past 48-hours the price has…

Deputizing blockchain to fight public corruption

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Puerto Rico recently announced that it may be looking for a blockchain solution to fight government corruption, particularly after a Puerto Rican mayor pleaded guilty to accepting a cash bribe of more than $100,000.  But could a distributed digital ledger really make an impact in the unincorporated United States territory’s struggle against public fraud and wrongdoing? It might if it were done in tandem with other public efforts, governance experts tell Cointelegraph. Puerto Rico could gain, too, by heeding lessons from other countries that implemented blockchain to fight corruption in…

The Biggest Story in Crypto and Macro in 2021

This episode is sponsored by NYDIG. Download this episode On this episode of “The Breakdown,” NLW previews the forthcoming “End of Year Extravaganza” by answering the same questions he’ll be asking a dozen guests in the weeks to come. See also: How NFTs Put Generative Artists on the Map “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive…

Indian Central Bank RBI Favors Complete Crypto Ban, Says Partial Ban Won’t Work – Regulation Bitcoin News

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India’s central bank, the Reserve Bank of India (RBI), has reportedly told the central board of directors that it favors a complete ban on cryptocurrencies, stating that a partial ban will not work. The central bank reiterates that it has serious concerns regarding crypto. Meanwhile, the Indian government is reportedly making additional changes to the crypto bill. RBI Wants a Blanket Ban on Crypto, Says a Partial Ban Won’t Work The Reserve Bank of India (RBI) held the 592nd meeting of the central board of directors Friday under the chairmanship…

Trumpinos to save Melania from Trump’s marriage

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The popularity of NFTs is exponentially increasing, with more and more celebrities joining the craze by launching their personal NFTs. Recently, Melania Trump became the latest celebrity to launch her NFT collection called “Melania’s Vision.” The former first lady has been a controversial celebrity with her support for her husband, the former U.S. President Donal Trump. While Donald Trump had several followers, he has been a target for mockery for his unorthodox approach to White House politics. However, the latest NFT collection by Melania has sparked another conversation as she…

Polkadot (DOT) Parachains Go Live, Capping Yearslong Tech Build for Ambitious Blockchain Project

Parachains are able to lease a slot on Polkadot’s main Relay Chain for up to 96 weeks at a time. Ultimately, Polkadot will offer 100 parachain slots. Further slots will be allocated in batches over the coming months. Not all of these slots will be allocated via parachain slot auctions, as some will be used for governance-enabled common-good parachains, according to a press release. Source

5 times crypto traders were warned before their assets tanked

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Everybody loves a crypto bull market, but every green wave inevitably gives way to periods of sideways or downward movement. Skilled traders know that these phases of the market cycle can be rife with profit opportunities, too. Anticipating not only a digital asset’s upward price movements, but downturns and corrections can be useful when deciding on when to exit a position and lock in gains, as well helping to add toprofits by shorting crypto assets whose prices decline. In addition to a keen eye and common sense, anticipating price drops…

Is mass adoption here? Experts Answer, Part 1

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Dominik is the co-founder and chairman of the Iota Foundation, an open-source distributed ledger and cryptocurrency designed for the Internet of Things. “The biggest difference between crypto in 2017 and crypto in 2022 is the establishment of tangible business models and use cases within our ecosystem thanks to DeFi. We no longer have to wait for external parties such as large companies to drive adoption. We can do it ourselves with applications that introduce much-needed innovation to the base level of our economy — finance. 2021 has been a tremendous…

China Censors Crypto-Themed Short Videos Shared Online – Regulation Bitcoin News

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An industry organization controlled by the Chinese government has updated a list of topics users of video-sharing apps should avoid. Crypto-related content is now among the entries along with traditional taboos in China like mocking its leadership, provoking sectarianism, and showing sex. Clips on Crypto Trading, Mining Banned in China The China Netcasting Services Association (CNSA) has recently published a blacklist of 100 topics that online videos posted on platforms similar to Tiktok should not feature. Among them are the usual suspects like questioning China’s official history, imitating its political…

Crypto-themed gifts that have you covered during the Holidays

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Tis’ the season of giving and with Christmas right around the corner, it’s time to get the holiday shopping out of the way. With the digital asset market having matured as much as it has, there are now crypto enthusiasts in virtually every family and friend circle across the globe. In this festive piece, we’ve listed out some of the best crypto-themed gifts you can get for those who love everything about this fast-evolving space.  From quality clothing and books to gift cards and everything else in between, when sourcing…