Day: February 7, 2022

Only gold and Bitcoin will protect against what's to come – Alex Mashinsky's 2022 survival guide

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io Alex Mashinsky, CEO of Celsius Network, discusses with David Lin, anchor for Kitco News, the major investment themes of 2022, and which assets will perform the best. Follow David Lin on Twitter: @davidlin_TV ( Follow Kitco News on Twitter: @KitcoNewsNOW ( Follow Alex Mashinsky on Twitter: @Mashinsky ( 0:00 – Major investment themes of 2022 4:35 – Volatility 8:00 – Decline of the USD 10:00 – Velocity of cryptos 11:45 – Technological innovation 14:51 – Web 3.0 17:00 – Venture capital today…

Hashstack launches Open protocol testnet, offering under-collateralized loans

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The DeFi lending and borrowing market has grown significantly in volume as new lending protocols continue to attract capital andย NFT-backed loansย become more popular. According to Dune Analytics, the top three platforms in terms of market capitalization are Aave, Maker, ย and Compound. These platforms, however, still are facing issues when it comes to collateral requirements and volatile digital assets. Hashstack Finance is a DeFi platform whose crypto-native lending protocol, called Open, is trying to provide a solution to collateral requirements, specifically the over-collateralization of loans. Hashstack announced on Monday the release…

Metaverse Tokens AXS, SAND Plummet as Meta Reports $10B Loss

CryptoX – Cryptocurrency Analysis and News Portal โ€œWithout clear utility for the value of the metaverse tokens, it serves as a proxy for investor’s sentiments on the future of the metaverse,โ€ said Vincent Choy, ecosystem architect of Oz Finance, in an email to CryptoX. โ€œI believe that there will correlation between the tokens and stocks until the industry matures a lot more.โ€ Source The post Metaverse Tokens AXS, SAND Plummet as Meta Reports $10B Loss appeared first on CryptoX. CryptoX Portal

Polygon Raises $450 Million From Sequoia Capital India, Softbank, Shark Tank’s Kevin Oโ€™leary โ€“ Finance Bitcoin News

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The blockchain project Polygon announced it has raised $450 million on Monday in a fundraising round led by Sequoia Capital India with participation from more than 40 venture capital firms. Polygon says that the money will allow the team to help scale Ethereum and bolster the mass adoption of Web3 applications. Sequoia Capital India and more than 40 VC Firms Inject $450 Million Into Polygonโ€™s Coffers Polygon has raised $450 million from strategic investors according to a press release sent to Bitcoin.com News on February 7. The funding round was…

Bitcoin bulls look to push price above $45K to validate bullish trend reversal

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The mood across the cryptocurrency ecosystem has shifted to cautious optimism on Feb. 7, as Bitcoin (BTC) bulls managed to bid its price back above support at $44,000 with the help of several positive developments, including the announcement that โ€œBig Fourโ€ auditor KPMG has added BTC and Ether (ETH) to its corporate treasury.ย  Data from Cointelegraph Markets Pro and TradingView shows that, after hovering around $42,500 during the early morning on Feb. 7, a midday wave of buying lifted the BTC price to a high of $44,500 as short traders…

Vitalik Buterin On How To Eliminate Ethereum Network Congestion And High Fees

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Network congestion on the Ethereum network is a very real and present issue, which has in turn brought about more real and pressing issues. Users of the network, especially small-time investors, have drawn the short end of the stick with these issues as they are the most affected. With fees skyrocketing, carrying out small transactions on the leading smart contracts network is becoming less and less feasible with each passing day. The high fees and congestion have sparked discussions on how it can be eliminated. There are various developments in…

Stablecoins Are Not the Future of Payments

โ€œTying up safe and liquid assets in a stablecoin arrangement means they are not available for other uses, such as helping banks satisfy their regulatory requirements to maintain sufficient liquidity,โ€ according to the researchers. The use of stablecoins, they said, could lead to shortages of safe and liquid assets. Source

BITCOIN HOLDERS DONT BE FOOLED (Huge Signal)!! Bitcoin News Today, Bitcoin Price Prediction (BTC)

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io BITCOIN HOLDERS DONT BE FOOLED (Huge Signal)!! Bitcoin News Today, Bitcoin Price Prediction (BTC) Welcome back to the Crypto World! In this video I reveal my next Bitcoin Price Targets and my Bitcoin Strategy (Bitcoin Trading for Beginners)! Is Bitcoin the best crypto to buy now? Comment below! And leave a LIKE and SUBSCRIBE for more videos like this! ๐ŸšจNEW: My Complete Technical Analysis Course ๐Ÿ‘‰ ๐Ÿ‘ˆ ๐Ÿ“ˆBEST TRADING PLATFORMS: โ–บ Bybit ๐Ÿ‘‰ ๐Ÿ‘ˆ (NEW $4,100 BONUS)* ๐Ÿ”ฅ Register with my link…