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“# Bitcoin and Ether heading $100K and $5K in 2022: Bloomberg Intelligence ” Despite cryptocurrency markets dropping to multi-month lows, major cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are likely to hit new all-time highs in 2022, according to a Bloomberg analyst. BTC and ETH will be heading toward $100,000 and $5,000 this year, respectively,…
“# UK air traffic tech firm uses Hedera Hashgraph to track drones ” Hedera’s public ledger consensus service was recently used to “gather, store, and order” millions of data points in a drone data trial sponsored by the United Kingdom government. As per an announcement, Hedera worked with Neuron Innovations, a London-based aviation technology company,…
“# Here’s why Bitcoin traders say a drop to $38K is the worst case scenario ” The fallout from the Federal Reserve’s recent hawkish comments about raising interest rates as soon as March continued to weigh heavily on the cryptocurrency market on Jan. 6. The Crypto Fear & Greed index has been dialed down to 15…
“# Human Rights Foundation to grant 425M satoshis as part of its Bitcoin Development Fund ” The Human Rights Foundation announced on Tuesday that it intends to distribute 425 million satoshis — the smallest divisible unit of a Bitcoin — to various contributors as a part of its ongoing Bitcoin Development Fund. Launched in May…
“# Comedian Stephen Colbert spoofs ‘Colbert Coin’ in response to rise in crypto scams ” Stephen Colbert, the charismatic host of CBS’ The Late Show, is once again associating many cryptocurrencies with scams — but doing so by parodying the vernacular of a seasoned HODLer. In a Wednesday segment on members of Generation Z falling…
“# Oracle tokens turn bullish as blockchain projects focus on interoperability ” 2022 looks to be a transformative year for the cryptocurrency ecosystem as the focus on interoperability between siloed blockchain networks comes to the forefront and a multitude of projects announce plans to interconnect their platforms with other protocols. One sector of the crypto…
“# Bitcoin could outperform stocks in 2022 amid Fed tightening — Bloomberg analyst ” The Federal Reserve’s signaling for tighter monetary policy in 2022 could provide short-term headwinds for risk assets such as stocks and cryptocurrency, but there’s a good chance that Bitcoin (BTC) still comes out on top as investors recognize its value as…
“# Dapper Labs becomes the first NFT company to register to lobby with the US government ” Based in Vancouver, Dapper Labs offers a variety of nonfungible token (NFT)-based products and DApps. These include games like CryptoKitties, where players can breed and raise NFT kittens, and Cheeze Wizards, a tournament series where collectible characters can…
“# Five coins that saw huge gains in 2021 ” The year 2021 was unprecedented for crypto, with Bitcoin (BTC) and Ether (ETH) gaining 60.58% and 408.5% throughout the year, respectively. For the latter, the explosion of decentralized finance (DeFi), nonfungible tokens (NFTs), decentralized applications (DApps) and decentralized exchanges (DEXs) built on its blockchain created…
“# Hong Kong real estate giant leads $90M raise for crypto bank Sygnum ” Sun Hung Kai, one of the largest property developers in Hong Kong, continues betting on the cryptocurrency industry by investing in Swiss crypto outfit Sygnum. Sygnum officially announced Thursday that it closed a $90 million Series B round led by Sun…