Day: January 5, 2022

Altcoin Underdogs Outperform Bitcoin To Kick Off 2022

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Altcoins have started the year 2022 with an overperformance over Bitcoin. Out of all the various indexes, the mid-cap coins seem to have accumulated the most gains so far. Bitcoin Starts The Year Underperforming The Altcoins As per the latest weekly report from Arcane Research, Bitcoin’s 2022 has started with the coin underperforming in front of various altcoins. Throughout 2021, most of the altcoins managed to beat BTC in terms of overall gains. And it looks like this year also hasn’t been any different so far. Here is a chart…

2022 Is the Year of Ethereum

By Season 13, most TV shows have exhausted all but the most absurd plotlines. Like long-running soap operas, it can be hard to remember who’s mad at whom and why. In the meme-induced fog of propaganda between Bitcoin maximalists and Ethereum boosters, it might be hard to keep track of the big themes, but I believe two overarching ones will shape the world of blockchain in the coming year. Paul Brody is EY’s global blockchain leader and a CoinDesk columnist. First and foremost, 2022 is all about Ethereum. Just about…

a brand new VR esports gaming metaverse on Blockchain

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There is no denying the growing popularity of esports, but it doesn’t feel like it has reached the mainstream since up until recently digital sports games were being played on flat screens while sitting idle on a chair. However, the tide is turning with the arrival of VR headsets, allowing players to physically move in their environment as they compete with others. One such next-generation esports game is called Zen Fighters, where the players not only exercise and compete with each other but earn money for their efforts too. In…

Airbnb Explores Crypto Payments — CEO Sees ‘a Revolution Happening in Crypto’ – Featured Bitcoin News

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Popular travel website Airbnb could soon accept cryptocurrencies for payments, CEO Brian Chesky has hinted. “Like the revolution in travel, there is clearly a revolution happening in crypto,” he added. Airbnb’s CEO Says ‘There Is Clearly a Revolution Happening in Crypto’ The CEO of Airbnb, Brian Chesky, asked on Twitter earlier this week, “If Airbnb could launch anything in 2022, what would it be?” On Tuesday, he revealed that he received 4,000 suggestions, noting that the most popular one is for his company to accept crypto payments. He added, “Our…

How NFTs are Fueling the Anime Community in Japan

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As a new year is finally upon us, it is incredible to see where technology has taken things over the past 12 months. NFTs (aka non-fungible tokens) have disrupted both the investing and art world, making headlines in 2021 for their groundbreaking utility for both creators and investors alike, and they don’t show any signs of slowing down in 2022. In fact, NFTs just had their best year on record, generating over $23 billion in trading volume—a significant increase from less than $100 million recorded in 2020, according to data…

BTC, ETH, BNB, SOL, ADA, XRP, LUNA, DOT, AVAX, DOGE

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Bitcoin (BTC) and most major altcoins are stuck in a tight range with bulls buying near the support and bears selling at resistance levels. Usually, such tight ranges are followed by an expansion in volatility. Although a few analysts have not ruled out a quick drop to low $40,000s, most traders expect Bitcoin to rebound sharply and move up to $60,000. Goldman Sachs said in a note to investors that if Bitcoin continues to increase its market share over gold as a store of value and crosses the 50% mark,…

What is Decentralised Finance 2.0?

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One of the most successful innovations to come out of blockchain technology is the introduction of decentralized finance. Decentralized or DeFi is a broad term used to catalog the decentralized applications that integrate traditional financial services into the crypto world. Decentralized finance applications and protocols are constantly evolving to integrate emerging trends. Over the last few months, the DeFi industry has seen a sudden influx of liquidity-focused decentralized finance projects introducing a new generation of DeFi called DeFi 2.0. Introducing DeFi 2.0 DeFi 2.0 is a new phrase used in…

Data Shows Layer-1 Price Growth Reflects Unique Address Proliferation

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Is that time of the year again, Bitcoin seems stuck in a never ending range while Layer-1 coins and other cryptocurrencies rally. The crypto market ended 2021 with important profits, but not with the bang everyone seemed to have been expecting. Related Reading | TA: Why Ethereum Bulls Aim Fresh Rally Above $4K Arcane Research recorded important growth in Layer-1 coins, such as Fantom (FTM), and Avalanche (AVAX) as a result of a 2021 full of adoption. These cryptocurrencies experienced rallies over 15x against Ethereum (ETH) and took a portion…

Fast-growing gTrade Platform Gets $250K Grant As It Closes In On First Major Milestones

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Rapid organic growth has put Gains Network’s decentralized gTrade platform well on the way towards achieving the first major milestones on its roadmap. Now, armed with $250,000 in funding from the Polygon DeFi, its founders are confident it will soon hit its second set of milestones. Gains Network is intending to build a blazing-fast and liquidity-efficient leveraged trading platform with a decentralized architecture on the Polygon blockchain, giving investors the benefit of lower fees and faster trades. gTrade currently offers 43 cryptocurrencies and 10 major Forex pairs. Its asset-agnostic synthetic…