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Stats Has published 3214 posts about cryptocurrency

Jan 15 2022

Sweden’s inflation rate at a 29 year high, “transitory”

Jan 15 2022 Published at CryptoSlate under tags  analysis ecb fed inflation regulation

Inflation is on the rise in many parts of the world. On Wednesday, The U.S. Federal Reserve reported a CPI inflation of 7.0% for December. Following this trend, the inflation rate of the Swedish krona SEK rose to 4.1% in December, a strong increase from November’s inflation rate of 3.6%. These levels of inflation have not been seen since December 1993, almost 29...

Which cryptocurrencies made the biggest gains in 2021?

Jan 15 2022 Published at CryptoSlate under tags  analysis

Two weeks into 2022 and cryptocurrencies as a whole have had a stuttering start. The year opened with a total market cap of $2.2 trillion. Still, talk of inflationary pressures and interest rate rises hit hard, sparking a sell- off which bottomed at $1.9 trillion on Saturday. While we see...

After Celo’s success, Polkastarter integrates Avalanche

Jan 15 2022 Published at CryptoSlate under tags  avalanche celo defi polkastarter

As part of its efforts to achieve its multi-chain goal, Polkastarter has officially announced the integration of Avalanche. Polkastarter integrates Avalanche into its platform The move to integrate Avalanche commenced following...

100% in crypto Mati Greenspan puts institutional adoption and crypto hedging into perspective

Jan 15 2022 Published at CryptoSlate under tags  adoption btc investments people

Mati Greenspan is frequently mentioned in top-tier financial media, as a prominent investment specialist with macroeconomic analysis, portfolio diversification, and crypto in his focus. The founder and CEO of Quantum Economics revealed what’s on the horizon for his company that provides analysis, advisory, and money management services in the field of crypto and traditional markets, and shared his perspective on how mass adoption...

El Salvador is down $12 million on its Bitcoin buys

Jan 15 2022 Published at CryptoSlate under tags  investments

With the ongoing market slump, El Salvador is holding significant losses on its Bitcoin investments. Its buying process and wallets are undisclosed, so the exact amount remains unknown. But estimates put the loss at between $10 million and...

Crypto exchange FTX launches a $2 billion venture capital fund

Jan 15 2022 Published at CryptoSlate under tags  enterprise exchanges

Crypto exchange FTX recently announced the launch of a $2 billion venture capital fund–FTX Ventures. According to the official announcement made by the crypto...

The key drivers behind Fantom’s recent price rally

Jan 15 2022 Published at CryptoSlate under tags  altcoins

At the time of writing, crypto is entering a bear market as Bitcoin, Ether and most Layer-1 altcoins have dipped 20-30% from its all-time-highs. Defying these trends is the ghost-themed Fantom blockchain. In the past month, its native token FTM has seen a surging price rally of 121% to $3.02. Statistics of Fantom's performance is nothing short of impressive. Total-value-locked on Fantom went...

Vitalik Buterin holds Twitter poll on which currency should succeed Ethereum

Jan 15 2022 Published at CryptoSlate under tags  people

In an unexpected Twitter poll, Vitalik Buterin asked the ETH community which currency they want to dominate in 2035 if it isn't Ethereum. "Poll for Ethereum community. You wake up in 2035, and 80% of all transactions + savings in the world are in one currency that is not ETH....

The rise of NEAR Protocol as a project led ecosystem

Jan 15 2022 Published at CryptoSlate under tags  analysis defi metaverse nfts price watch

Until now, NEAR Protocol has quietly grown as a scalable, proof-of-stake network. This week, the Layer 1 blockchain, hit a milestone with the NEAR token reaching an all-time high of $18.70. This may be in part because NEAR has started making the headlines as Forbes named Near Protocol as the third fastest-growing cryptocurrency ecosystem for developers in 2021....

Jan 14 2022

Top 10 Crypto Stories of 2021 | Footprint Analytics Annual Report 2021

Jan 14 2022 Published at CryptoSlate under tags  analysis

In 2021, crypto finally broke away from being just...

China preps infrastructure for state-backed NFTs

Jan 14 2022 Published at CryptoSlate under tags  nft nfts technology

Crypto’s enemy number one, China, is preparing to roll out its own state- backed blockchain infrastructure to support the deployment of NFT-like collectibles, South China Morning Post reported....

Vitalik Buterin on why cross-chain bridges will not be a part of the multi-chain future

Jan 14 2022 Published at CryptoSlate under tags  defi parachains

In a much-publicized tweet this past week, Vitalik Buterin voiced his opposition to the use of cross-chain solutions by Ethereum and other blockchains, in favor of a multi-chain future. My argument for why the future will be *multi-chain*, but it will not be *cross-chain*: there are fundamental limits to the security of bridges that hop across multiple...

A Pacific archipelago is going all in on crypto

Jan 14 2022 Published at CryptoSlate under tags  adoption

Who would have thought a small nation with approximately 18,000 people would enter the crypto world? During an interview, Palau President Surangel S. Whipps, Jr. announced a partnership with the blockchain and crypto advisor firm Cryptic Labs. The alliance was created to launch the world's first digital residency platform using blockchain...

UNQ token sale closes with over $11 million in contributions from 7,900 supporters

Jan 14 2022 Published at CryptoSlate under tags  raise

Unique Network, the NFT chain built for Polkadot and Kusama, has raised over $11.2 million from 7,900 supporters in their public sale. The sale of tokens was launched for the community and participation in the sale required completion of a KYC process in advance. The sale launched on January 12th and finished on January 13th. Non-fungible tokens (NFTs) are transforming industries from art,...

Rio de Janeiro mayor to allocate 1% of the city treasury to Bitcoin

Jan 14 2022 Published at CryptoSlate under tags  adoption btc taxes

Rio de Janeiro is about to become a crypto hub and the first Brazilian city to buy Bitcoin as a store of value, according to its mayor Eduardo Paes, who made the announcement at the Rio Innovation Week, O Globo...

The Rise of NFTs | Footprint Analytics Annual Report 2021

Jan 14 2022 Published at CryptoSlate under tags  analysis nfts

While the concept of NFTs has been around since 2014, they were mostly under the radar until last year, when they suddenly commanded headlines around the world. Just as DeFi brought capital into the crypto market, NFTs are bringing people in—with puzzling artwork, lucrative games, and even some practical use cases. What is an NFT? NFTs, or non-fungible tokens, are...

Tether freezes three Ethereum addresses holding $150 million in USDT

Jan 14 2022 Published at CryptoSlate under tags  legal

World's largest stablecoin issuer Tether has added three more Ethereum addresses to its blacklist that held nearly $150...

Elon Musk’s Tesla now support Dogecoin payment

Jan 14 2022 Published at CryptoSlate under tags  bitcoin dogecoin memecoins payments tesla

Tesla is accepting crypto payments again. The leading electric car maker earlier today revealed that it is now supporting payment for some of its products using the popular meme coin, Dogecoin, via its platform. Tesla...

Jack Dorsey’s Block to build an open Bitcoin mining system

Jan 14 2022 Published at CryptoSlate under tags  mining

Jack Dorsey's Block, formerly known as Square, is actively pursuing plans to build an open Bitcoin mining system. The news was first tweeted by Thomas Templeton, general manager for hardware, which was later confirmed by Dorsey on Twitter. We’re officially building an open bitcoin mining system...

Nervos ecosystem is expanding: Force Bridge to BSC is live, cross-chain bridge to Cardano is coming

Jan 14 2022 Published at CryptoSlate under tags  ckb defi

Nervos is making moves to rapidly expand its DeFi ecosystem, as the network recently announced the launch of Force Bridge to Binance Smart Chain (BSC). Following the completion of the bridge connecting the two blockchain networks, Kevin Wang, co-founder of Nervos revealed what’s next on...

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