Stablecoins have continued to play a very critical role in the crypto economy. The ongoing bear market also demonstrated that dollar-pegged coins like USDT and USDC witnessed a parabolic growth in market cap this year. However, top stablecoin issuers seemingly took a break from printing in December amidst a great deal of market turmoil and increased scrutiny. According to data from the ‘Stablecoin Printer,’ USDT, USDC, BUSD, and TUSD, have not been printed during the last...
Read More »13 Biggest Crypto Scandals and Controversial Stories of 2022
The crypto market behaving erratically is nothing new, but absolutely no one saw such epic levels of fund mismanagement coming from established giants. The young industry’s turn to a more sordid state of affairs hit everyone by surprise, especially after the heady rush of the bull run last year. 2022 was marred by corruption and fraudulent activity. An industry that claims to have traceable and public transactions saw big bucks being funneled maliciously with much audacity...
Read More »Jim Chanos: Crypto Is Like the Dotcom Era All Over Again
Renowned short-seller Jim Chanos has stated that the current crypto environment is like the “dotcom era on steroids,” and he thinks the recent collapse of popular digital currency exchange FTX is the start of a long and negative era for digital currency. Jim Chanos: Crypto’s Future Looks Bleak Chanos predicted that Texas energy company Enron would collapse in 2001, and he was right. How ironic that the man tasked with cleaning up the Enron mess, John Ray III, is now...
Read More »Deviants the Most Diverse and Upcoming NFT collection of 2023 Offers Discounted NFT Prices and Guaranteed Airdrop Rewards
Users in the mint pass allowlist can purchase for only 0.06 ETH instead of 0.08 ETH Public Mint Pass price and will receive guaranteed $RVV token airdrop rewards. A maximum of 8,000 Deviants Mint Pass NFTs will be sold starting from Jan 3, 2023 1pm UTC. Are you ready for the biggest NFT collection of 2023? Well, the Deviants from the Astra Nova MetaRPG game are dropping their Deviants Mint Pass NFTs in January. Delve into the immersive, adventurous gameplay backed up...
Read More »First Proprietary Metaverse Casino Cloverland to Be Showcased at CES 2023
[PRESS RELEASE – Please Read Disclaimer] The Authentic Casino Experience Uses Advanced XR and Blockchain Technologies for Immersive, Secure, Interactive Gaming in the Metaverse Santo Domingo, DR (December 28, 2022) JM2 Clover Gaming will officially launch its Metaverse Cloverland which is an interactive, immersive environment with a full interoperable technology that utilizes advanced XR (extended reality) technology to virtually deliver the IRL (In Real Life) sensation of a...
Read More »Cardano Spikes 4% in a Day, but Is The Worst Over? (ADA Price Analysis)
After making a lower low in December, Cardano surprised the market in the new year by opening in green. Key Support levels: $0.24, $0.20 Key Resistance levels: $0.30, $0.34 Optimism is building up as Cardano seems to have found good support at $0.24. Since the start of 2023, ADA is in green and does not appear to be looking back. If this momentum continues then, this cryptocurrency could even target $0.30, which is the next key resistance. Chart by TradingViewTrading Volume:...
Read More »Cameron Winklevoss Calls Out Barry Silbert on $1.675B Debt, Latter Fires Back
In an open letter to Barry Silbert, Gemini co-founder Cameron Winklevoss said that Digital Currency Group owes Genesis approximately $1.675 billion. Cameron Winklevoss shared an open letter to Barry Silbert – the founder of Digital Currency Group – on Twitter. On behalf of many people, he argued that Genesis – a subsidiary of DCG – owes $900 million to them. Winklevoss argued that the two companies are “beyond commingled.” Furthermore, he alleged that: To be clear, this mess...
Read More »Cathie Wood: BTC Will Reach $1 Million in 2030
Cathie Wood – who’s always been the crypto bull of crypto bulls – isn’t giving up on the world’s number one digital currency by market cap. In fact, she’s reiterating her love of the coin and claiming that 2030 will be the year in which BTC reaches the long-awaited $1 million price. Cathie Wood Thinks Bitcoin Will Be Huge in Seven Years Bitcoin had a very hard year in 2022. Just a few months prior to 2022’s start, the world’s primary cryptocurrency reached a new all-time...
Read More »Four Great and One Terrible Bitcoin Price Predictions for 2023
2023 is here, and with that comes an influx of predictions regarding the price of Bitcoin during the year. The past 12 months have been particularly devastating for the cryptocurrency, which lost upwards of 70% of its dollar value. That said, many seem to be quite optimistic about the short-term future of BTC. Here are four great and one not-so-much predictions for 2023. Tim Draper Says BTC to $250K Tim Draper is perhaps one of the most outspoken and prominent Bitcoin...
Read More »New York Signs Crypto Moratorium into Law
It’s happened, folks. We’ve always known New York wasn’t crazy about cryptocurrency, but this new law its governor has recently passed clearly takes its dislike of the industry to a whole new level. The law will limit crypto mining within the state and guarantees safe passage only to firms that utilize green energy. New York Puts Limits on Crypto Mining The bill has been on the table for many weeks, though New York Governor Kathy Hochul has been slow to make a clear...
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