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2021’s Digital Asset Shuffle: A Myriad of Crypto Market Cap Positions Moved Chaotically This Year
30.12.2021
2021 has been a bullish year for crypto assets. While prices have risen a great deal, the top ten and top twenty rankings in terms of market capitalization have also changed significantly. A great number of coins have either been pushed down or have entered the crypto economy’s top positions...
Investment Adviser Warns It’s a Mistake to Ignore Crypto Assets, Predicts Cryptocurrencies Will Outperform Equities
30.12.2021
Blueprint Capital Advisors CEO Jacob Walthour says it’s a mistake to ignore crypto as an asset class. He also predicts that crypto will outperform equities in the foreseeable future. Investment Adviser Expects Crypto to Outperform Equities Jacob Walthour, CEO and co-founder of Blueprint...
As Bitcoin and Ethereum See Sharp Drops, 18 Crypto Assets Captured Double-Digit Gains Last Week
29.12.2021
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....
Study Shows Market Share of Altcoins Surged Threefold Since 2014
27.12.2021
This week, bitcoin’s market dominance among the market capitalization of all 12,046 crypto assets in existence has been hovering above 38%, while ethereum’s overall valuation commands 19% dominance. A report published on Monday shows that since 2014, the market share of altcoins...
Meme Token Economy Climbs 14% in 2 Weeks — DOGE, SHIB Command 83% Dominance
26.12.2021
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...
Matrixport Founder Jihan Wu Believes Crypto Space Will Swell to ‘Tens of Trillions of Dollars’
24.12.2021
Seven months ago, during the first week of May, the digital currency entrepreneur Jihan Wu said at a conference that he expects the crypto industry to surpass the internet and the following August, Wu’s firm Matrixport raised $100 million and joined the crypto industry’s growing list...
Dubai to Create Crypto Zone, Binance Joins Effort
23.12.2021
The Dubai World Trade Centre will become a comprehensive ecosystem for cryptocurrencies and providers of related services. The move is part of efforts to support new industries and the emirate intends to source help from crypto companies like Binance. Dubai World Trade Centre to Host and Regulate...
Stratos Jet Charters Reveals Crypto Payment Acceptance for Flights via FTX Pay
22.12.2021
The Orlando, Florida-based Stratos Jet Charters Inc. has announced the company has partnered with FTX US and the collaboration will make it so Stratos Jet customers can pay for services with crypto payments via FTX Pay. The CEO of Stratos Jet says the company has been in search of a crypto partner...
Pakistanis have $20B in crypto assets, says head of local association
22.12.2021
He called for the government to set up a Bitcoin policy, arguing that India already had some regulations in place
Crypto Economy Loses 3% Overnight, Bitcoin Slides Below $46K, Analyst Says ‘Downward Force Still Strong’
20.12.2021
The crypto economy has slid in value 2.9% during the last 24 hours and bitcoin slipped under the $46K price zone on Monday. Furthermore, the top ten digital currencies have lost anywhere between 3% to 7% in value during the last day following bitcoin’s price slide. Top Ten Crypto Coins...
Listing Frenzy! Coinbase Adds Nearly 100 Crypto Assets for Trading in 2021
20.12.2021
The expansion of Coinbase in terms of its tradable assets has touched the three-digit mark of 139. The exchange platform added 83 assets in 2021. There are a few more days left in 2021. It may or may not add more tradable assets, but the current number of 83 has caught everyone’s eyes. Coinbase...
Bank of Russia Has Tools to Restrict Crypto Investments, Governor Hints
19.12.2021
The Central Bank of Russia has reaffirmed its opposition to cryptocurrency investments citing the volatility of the digital assets as a key motive for its conservative stance. Governor Elvira Nabiullina has recently indicated that the regulator has the means to restrict them. Nabiullina Insists...
DOGE and SHIB Led the Pack of Meme-Based Assets in 2021, Both Tokens Dominate 85% of the Meme-Coin Economy
19.12.2021
The end of 2021 is approaching and the market capitalization of meme-based digital currencies like dogecoin and shiba inu has been extremely prominent this year. In fact, the $46.9 billion worth of meme crypto-assets represents 2% of the $2.32 trillion crypto economy. Dogecoin and shiba inu alone...
Financial Services Company SBI Group Launches Diversified Crypto Fund in Japan
19.12.2021
SBI Group, the financial services company group based in Tokyo, Japan, has announced the launch of a crypto asset fund that consists of seven different digital currencies. The crypto fund launched by the Japanese company includes bitcoin, ethereum, xrp, litecoin, bitcoin cash, chainlink,...
Survey Shows Millennial Millionaires Plan to Buy More Crypto Next Year Despite Price Volatility
19.12.2021
While the cryptocurrency economy has seen significant losses across the board — losing billions during the last two weeks — a recent CNBC millionaire survey indicates that millennial millionaires have a lot of crypto. Furthermore, millennial millionaires plan to add more digital...
Listing frenzy! Coinbase adds nearly 100 crypto assets for trading in 2021
18.12.2021
DeFi projects, decentralized exchange tokens, stablecoins and NFT gaming: What underpins Coinbase’s extensive token-listing activity this year?
Crypto Wealth Manager Vaneck Launches Polygon and Avalanche Investment Offerings
18.12.2021
The wealth manager Vaneck has announced it has expanded its exchange-traded note (ETN) offerings to support the tokens polygon and avalanche. The two ETNs follow five previously launched funds in Europe that allow investors to gain exposure to leading digital assets. Vaneck Adds Polygon...
Polygon, Reddit Co-Founder’s VC Firm Launch $200 Million Social Media Web3 Fund
18.12.2021
The team behind Polygon, the protocol dedicated to interconnected blockchain networks like Ethereum, and Alexis Ohanian’s Seven Seven Six venture capital company have revealed a $200 million investment fund in blockchain-based social media projects. According to the announcement,...
Russia to Decide Between Full Ban and Legalization of Crypto Investments, Trade
17.12.2021
Authorities in Russia are discussing two very different approaches to the regulation of cryptocurrencies and related activities. While the Bank of Russia is reportedly seeking to introduce a ban on buying crypto assets, lawmakers are moving forward with efforts to adopt rules for mining, exchange...
Bank of Russia Wants to Ban Mutual Funds From Investing in Cryptocurrency
15.12.2021
Russia’s central bank intends to prohibit mutual funds from acquiring crypto assets or related financial instruments. The proposal, which is in line with its hard line stance on decentralized digital money, comes after the regulator urged stock exchanges to avoid trading securities tied...