Monthly Archives: December 2021

2021: A Roller-Coaster Year With Lasting Changes For Bitcoin

The year was not without its ups and downs through major events and incredible speed of adoption. 2021 has been a year of major events. We’ve experienced the ongoing global pandemic, widespread and extended lockdowns, significant supply chain disruptions, and unprecedented monetary stimulus from central banks. For cryptocurrency, 2021 saw several major breakthroughs in institutional adoption, along with price appreciation. Our 2021 year-end review highlights the most significant developments and changes seen this year, as well as the subjects we’ll be focusing on in 2022. Bitcoin has […]

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Iran Orders Crypto Miners to Halt Operations to Prevent Winter Blackouts

Authorities in Iran have again told licensed miners to suspend their activities in the face of electricity shortages during the cold winter months. Following a period of similar restrictions this past summer, authorized companies were allowed to resume mining in September. Crypto Mining Farms in Iran to Shut Down During Winter Expecting energy needs across the country to increase with low temperatures in the coming months, the Iranian government is now taking steps to limit consumption and avoid an electricity deficit. Just like earlier this year, the […]

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UAE to Jail Promoters of Fraudulent Cryptocurrency Schemes for Five Years, Offenders to Pay Over $270K in Fines

Fraudsters promoting online cryptocurrency scams in the United Arab Emirates (UAE) now face a possible five-year jail sentence plus a fine of up to $272,000, according to a report. The new measures, which are set to take effect on January 2, 2022, are part of the government’s effort to protect people from online scams. New Measures Seek to Protect Internet Users As part of UAE’s new online security laws which go into effect on January 2, 2022, promoters of online cryptocurrency scams now face a possible five-year […]

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7 NFL players that chose crypto over cash salaries

At least seven NFL pro athletes are now turning to crypto to help bolster their bottom line and ensure they have enough wealth after their pro careers come to an end. For NFL fans, 2021 was a great year. Stadiums returned to capacity crowds after the 2020 season was shortened with limited attendance. Stadium parking lots were again filled with the enthusiastic anticipation of tailgaters and their barbequed camaraderie.  It was also a great year for Bitcoin (BTC) investors as the largest cryptocurrency by market capitalization reached […]

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Bitcoin Had Its Best Year Ever In 2021

Bitcoin saw many highlights in 2021, its greatest year on record. “The sharp increase in inflation over the past year has blindsided many economists. Almost no one saw it coming.” –The Economist, November 2021 For me, this headline sums up the fiat clown world of 2021. For Bitcoiners, “brrr” has summed up the insanity of current monetary policy for a long time, and none of us are surprised in the least to see it culminate in serious inflation. The disconnect between sanity and policy, between truth and […]

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Meme Token Economy Climbs 14% in 2 Weeks — DOGE, SHIB Command 83% Dominance

Toward the end of this week, crypto-assets rebounded in value after meandering for two weeks and consolidating. While specific tokens like decentralized finance (defi) coins, metaverse tokens, and smart contract coins improved a great deal, the meme-token economy increased in value as well, as a number of meme coins like dogecoin, shiba inu and dogelon mars have seen significant gains during the last seven days. Meme Coins Climb Higher in Value This Past Week — Shiba Fantom and Luni Lead the Pack 21 days ago on December […]

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Crypto․com CEO Kris Marszalek Accuses Coinmarketcap․com of ‘Arbitrarily Reducing’ Exchange Rankings

Crypto․com CEO Kris Marszalek has an issue with coinmarketcap.com’s exchange volume rankings, according to a tweet he published on December 25. Marszalek claimed in his tweet that the popular crypto aggregation website “arbitrarily reduced” the exchange’s ranking. Crypto․com CEO Complains About Coinmarketcap․com’s Exchange Rankings A recent tweet stemming from the CEO of Crypto.com’s Kris Marszalek indicates the exchange executive is upset with the web portal coinmarketcap.com. Marszalek claims that Crypto.com’s exchange volumes are being misreported and the trading platform’s ranking was changed to the 14th position on […]

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Investors in Collapsed South African Crypto Platform Reimbursed a Portion of Invested Funds

Investors in Africrypt, the now-defunct South African crypto platform, were recently reimbursed a portion of their invested funds. The payments were made by Pennython Project Management LLC as part of a settlement offer that potentially ends claims against Africrypt’s runaway directors. White Knight Investor Identity Revealed Investors in Africrypt, a collapsed South African cryptocurrency investment platform, recently began receiving payouts from a so-called white knight investor, a report has said. According to an Itweb report, which named Pennython Project Management LLC as the previously unnamed party, Africrypt […]

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What You Can Create With a Small Piece of Land in the Metaverse

Everybody inside and outside of the metaverse world knows that land ownership is important, and acquiring a plot of land is a very traditional investment. What most people outside of the metaverse world don’t quite understand — or are still not convinced of — is why people want to become landowners in the metaverse, and what such virtual land ownership can actually bring them. What Can a Small Plot of Land Do in the Metaverse? Just to be clear, not all metaverse games have the same popularity […]

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Crypto mainstream adoption: Is it here already? Experts Answer, Part 3

What does mass adoption mean for the blockchain industry? Has it started yet? If not, what could get it going? Tim Draper of Draper Associates and Draper Fisher Jurvetson Tim is a pioneer of business ventures in the United States and a co-founder of Draper Fisher Jurvetson, a leading investment firm in early-stage tech startups. “I think anyone with a young brain already has a wallet. The rest will follow. The same thing happened with internet adoption.” These quotes have been edited and condensed. The views, thoughts […]

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