Monthly Archives: December 2021

The Bitcoin Price And Looking To The Future

A common question, there are many aspects that affect the price of bitcoin; what can we focus on going into 2022? As we come to the end of 2021, it’s popular to reflect on the year gone by, and produce crystal balls to predict the future bitcoin price. Firstly, though, one of my favourite thoughts about the future in general comes from Jeff Bezos. “I very frequently get the question ‘What’s going to change in the next 10 years?’ And that is a very interesting question; it’s […]

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Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees

A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto users. Just recently, Opendao gave Opensea users an airdrop and many people accrued thousands of dollars in SOS tokens. Now, another project called Gas DAO is airdropping tokens to any wallet that’s paid more than $1,559 in ether gas fees before December 26. Gas DAO Airdrops Tokens to Users That Spent $1,559 in Ether Fees Before […]

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Bitcoin Is Struggling To Hold Its 200-Day MA

Despite the traditional stock market view on 200-day moving averages, a dip below it could mean a sale event for Bitcoin. Bitcoin has been trading at sideways price action for most of December, struggling to stay above the 200-day moving average. After a strong October and an early November of new all-time highs, Bitcoin has encountered a blocking road in December, having lost 13.60% since the beginning of the month. This reality stands in stark contrast to a widespread belief that Bitcoin’s price would hit $100,000 by […]

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3 reasons why Convex Finance surged 215% in December to hit new all-time high

Convex Finance saw its token price and total value locked hit all-time highs following several prominent exchange listings and the addition of support for new assets. The growth of the stablecoin sector within crypto has been one of the most impactful developments of  2021. In particular, stablecoins became integral to the expanding decentralized finance (DeFi) ecosystem as their total value eclipsed $162 billion, according to CoinMarketCap. One project that has seen its token price surge thanks to its focus on stablecoins and the Curve Finance (CRV) ecosystem […]

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Video Game Retail Giant Gamestop Reveals More Clues About Upcoming NFT Marketplace

At the end of May, crypto advocates discovered a website created by the video game retailer Gamestop. The web portal disclosed that Gamestop was entering the world of blockchain tech and non-fungible token (NFT) assets. Gamestop’s NFT web portal has recently been updated and is requesting creators to sign up for the platform. Gamestop NFT Website Hints at Upcoming Marketplace Launch Gamestop (Nasdaq: GME) has had an interesting year, to say the least. It all started at the start of the year in January, when the Reddit […]

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ROSE gains 54% in a week as Oasis Network ecosystem expands

ROSE price is on the rise thanks to a $160 million ecosystem fund that helped facilitate the launch of the first DeFi and NFT projects on Oasis Network. High transaction costs have been a thorn in the side of the top blockchain protocols for years as both Bitcoin (BTC) and Ethereum (ETH) have seen the average cost of conducting token transfers skyrocket during times of network congestion and high demand.  One layer-one (L1) protocol that has been gaining traction in recent months that seeks to offer a […]

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Marathon Bought 78,000 Bitcoin Miners For $879 Million

The mining company expects to have 199,000 active machines outputting 23 EH/s by early 2023. Marathon Digital Holdings, a publicly-traded bitcoin mining company, last week announced a “record purchase” of Bitmain ASIC rigs, which according to a Tuesday filing with the Securities and Exchange Commission (SEC) will cost over $879 million and increase the miner’s fleet by 78,000 machines. Marathon had disclosed broad information about its purchase last week when it announced it had entered into an agreement with Bitmain to acquire a record number of bitcoin […]

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As Bitcoin and Ethereum See Sharp Drops, 18 Crypto Assets Captured Double-Digit Gains Last Week

While the crypto economy shed billions in value this week, 18 different digital assets have accrued double-digit gains during the last week. At the same time, the top two leading crypto assets by market capitalization, bitcoin and ethereum, have lost between 2.8% to 6.2% in value in seven days. 18 Crypto Assets See Values Increase by Double-Digits Bitcoin (BTC) and ethereum (ETH) have lost a bit of value according to weekly statistics, and a number of alternative digital assets have done a whole lot better. Today, the […]

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John Warren’s GEM Mining Reaches Bitcoin Hashrate Of 1.25 EH/s

The former SC Gov. candidate’s miner now boasts nearly 1% of the entire Bitcoin network hash rate. GEM Mining, the bitcoin mining company headed by former South Carolina Gov. candidate John Warren, has increased its deployed fleet by over 4,000 machines and now houses 13,118 active mining rigs according to a Wednesday statement. “We will continue to seek out opportunities to deploy industry-leading technology with our premier hosting partners,” Warren, CEO of GEM Mining, said in a statement. “That has been our mission since the company’s inception […]

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Coinone will stop withdrawals to unverified external wallets

The exchange plans to verify users’ names and resident registration details to ensure crypto transactions were “not used for illegal activities such as money laundering.” South Korean crypto exchange Coinone has announced it plans to no longer allow withdrawals of tokens to unverified external wallets starting in January. In a Wednesday announcement, Coinone said users would have from Dec. 30 to Jan. 23 to register their external wallets at the exchange, after which time it would restrict withdrawals. The exchange specified that crypto users could only register […]

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