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“# Altcoin Roundup: Three smart contract platforms that could see deeper adoption in 2022 ” Decentralized finance (DeFi) dominated media headlines throughout 2021 and the sector, along with nonfungible tokens (NFTs), helped to initiate the mass adoption of cryptocurrencies. While high yields on staking and instant profits from flipping jpegs have proven to be very…
“# Matt Zhang on a mission to reinvent crypto for institutional investors ” Institutional interest in cryptocurrencies is increasing as the space continues to mature. A survey released on Dec. 8 by European investment manager Nickel Digital Asset Management found that 85% of institutional investors and wealth managers have dedicated teams to review cryptocurrencies and…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, ALGO, EGLD ” Bitcoin (BTC) and most altcoins sold off on Dec. 4 with massive deleveraging seen in the crypto derivatives markets. Data suggests more than $2.5 billion of crypto liquidations over a 24-hour period. During the recent fall, Ether (ETH) has continued to…
“# Borderless Capital launches half billion dollar fund for Algorand projects ” Capital venture firm Borderless Capital has launched a fund worth $500 million to support projects building on the Algorand blockchain. According to a Nov. 30 announcement from the Miami-based company, the Borderless ALGO Fund II will aim to back digital assets powering the…
“# Opulous (OPUL) rallies 785% as fans dig the sound of NFTs in the music industry ” There is potential for the use cases of nonfungible token (NFT) technology to expand far beyond the simple tracking of unique images with varying degrees of rareness and analysts project that one NFTs will touch every facet of…
“# ESG oriented blockchain wants on-chain ‘nutrition labels’ for every commodity exchanged ” The Watr Foundation, in partnership with blockchain platform Algorand, recently launched a project to provide ESG scoring for different commodities with a special focus on climate change. While the project has a clear environmental focus, the platform will also include labeling for everything…
“# Top 5 cryptocurrencies to watch this week: BTC, SOL, AVAX, ALGO, AXS ” Bitcoin (BTC) continues to face strong selling as bulls attempt to flip the psychological level at $60,000 into support. Some analysts believe that Bitcoin could enter a correction as traders book profits following the successful launch of last week’s Bitcoin exchange-traded…
“# Algorand launches virtual machine to increase smart contract capabilities ” Blockchain platform Algorand has today announced the launch of the Algorand Virtual Machine (AVM), a layer-1 protocol upgrade designed to enhance decentralized app scalability for developers and organizations, enable instant transaction finality, as well as sustain a negative carbon output. In addition to these…
“# Top 5 cryptocurrencies to watch this week: BTC, AVAX, ALGO, XTZ, EGLD ” China has attempted to stifle the crypto sector’s growth on several occasions in the past 12 years but barring a minor blip, the blanket bans on crypto-commerce have not altered the long-term growth of cryptocurrencies. This shows that no one country,…
“# Bitcoin bulls make a run on $45K after Twitter debuts crypto tipping ” Bullish optimism is on the rise across the cryptocurrency market on Sept. 23 as prices continue to recover from this week’s volatility which was the result of regulatory pressure on the crypto sector, the FOMC meeting on the Fed’s interest rate…