Day: December 22, 2021

Crypto Reaching Markets Where Banks Can’t

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Cryptocurrencies have had an incredible year, surpassing the $3 trillion mark at one point in 2021. According to Chainalysis research, crypto adoption increased by more than 2300% in 2021 as compared to 880% in 2020. This adoption was mainly seen in developing nations of Asia, including Vietnam, India, and Pakistan, proving that crypto has been easily accessible to emerging and under-developed nations where banks have failed to create a suitable foundation. With easy internet access, crypto has expanded to every corner of the globe, thanks to its features like fast…

Inheritance Art Is Redefining NFTs With a New Generation of Masterpieces

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Inheritance Art is a platform that specializes in hyper-realistic, holographic art. Its foray into the NFT space was born out of the need for there to be more intricate and compelling art in the space. Presently, the artworks that dominate this space are modern art from artists who are all trying to recreate the current trend, thereby leading to the creation of similar and indifferentiable art. Other forms of art like fine art rarely make it to the forefront in a space like this. The NFT market is new and…

Coinbase CEO Brian Armstrong Is Sued for Allegedly Stealing Blockchain Startup’s Work

It was, according to the complaint, Armstrong’s intent to “steal MouseBelt’s work for themselves, to not only eliminate a potential competitor but to obtain for ResearchHub the benefits of the financial, design and technical resources MouseBelt put into Knowledgr, thereby allowing ResearchHub to launch sooner at less cost a successful platform based entirely or substantially on MouseBelt’s work.” Source

China’s state-run news agency to launch NFT collection

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In an announcement made on Wednesday, China’s official Xinhua News Agency will issue its first series of nonfungible token (NFT) collectibles. The move is a thumbs up to blockchain technology previously shunned by the People’s Republic of China (PRC). In an official notice, Xinhua plans to publish 10,000 copies of 11 photos taken by journalists in 2021. The stride into NFTs is puzzling in light of recent events in the world’s second-largest economy. Following a nationwide crypto crackdown where Bitcoin (BTC) and Ether (ETH) mining was banned, China has recently…

Top 10 Cryptocurrencies You Should Purchase in 2022 to Potentially Double Your Investment

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Do you think in less than one year your investment can boost 100X?  One of my friends invested in bitcoin last year and now his investment has hit a high of 127% in just a single year. That’s why we came up with this article. What are the top cryptocurrencies to buy right now and in 2022? Most people are not aware of top cryptocurrencies. We talk with cryptocurrency experts and investors to find out about the top-performing cryptocurrency in 2022 that could potentially double your investment. Before moving on…

Missed out on hot crypto stocks in 2021? It paid just to buy Bitcoin and Ethereum, data shows

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Bitcoin (BTC) may have fluctuated in price this year, but BTC remains a better play than the biggest crypto stocks. New data currently circulating shows that for all the growth in the industry surrounding Bitcoin, it still pays simply to buy and hold. Stocks fail to compete with BTC, ETH Looking at the stock performance of firms with the largest BTC allocations on their balance sheets, it becomes immediately apparent that it was more profitable to hold BTC than those equities — at least this year. “Buying crypto stocks to…

Flickto Announces First Round IDO In Conjunction With KICK.io

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Flickto has announced a date for its first-round IDO in partnership with Cardano launchpad KICK.io. The project is meant to empower the public to choose which media projects they want to see funded. This simultaneously takes the power of media financing out of the hands of a few conglomerates and gives that power back to the masses as well as enables investors to earn while doing so. The first round IDO is scheduled to begin on the 27th of December and will run through to the 30th. During this three-day…

Game Developers GSC Game World and Ubisoft Face Backlash About NFT Inclusion – Bitcoin News

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GSC Game World and Ubisoft, two game development companies, are dealing with backlash about the inclusion of NFT elements in some of their games. While GSC Game World — developer of the popular Stalker gaming franchise — has abandoned its plans in this regard, Ubisoft is pushing forward and has announced a partnership with Aleph.im to store images from its NFT platform. GSC Game World and Ubisoft Take Different Approaches Two game developers that recently announced the introduction of NFT elements as part of their upcoming and existing…

Top predictions for crypto in 2022, from bitcoin crash to regulation

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Vertigo3d | iStock | Getty Images Crypto crash Some experts believe bitcoin is due for a sharp decline in the coming months. Bitcoin surged to a record high of almost $69,000 in November. It’s now sitting below $50,000, down almost 30% from its peak. Wall Street wisdom defines bear markets as a decline of 20% or more from recent highs, but it’s worth noting bitcoin is notorious for its volatility. Carol Alexander, professor of finance at Sussex University, said she expects bitcoin to tank as low as $10,000 in 2022,…