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The post Will These Stimulants Help Polygon Network To Enter The Top-10 Cryptos List! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The crypto town has been receiving overwhelming response from emerging protocols. Polygon has been stealing the show off-late, and has been putting layer-ones at shade. The tremendous ascent of Polygon has been an inspiration for emerging layer-2 protocols and scaling solutions in the coin market. Polygon network has been growing stronger as catalysts fueling the metrics have been reinforcing the protocol at a brisk pace. Which could eventually help the protocol enter the top-10 league. On the other hand, the makers of the protocol have updated a major bug that would have cost a hefty sum. Polygon Network Defend The Dominance Of Layer-One Protocols The ever growing list of Polygon’s stimulants spectates the following additions , which play an imperative role in Polygon’s actions with the metrics. The average sendi
The post Challenges Ahead For Crypto Industry in 2022! These Diamonds Could Be Exception! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Crypto town has enjoyed gigantic gains over the past couple of years with considerable volatility. However, the past couple of months turned out dreary as there are no vigorous signs of price bouncing back. The new year is around the corner there is raising coercion of regulatory uncertainties and US inflation in 2022 . Yet evolving crypto space would lay the foundation for emerging cryptocurrencies that are cost-efficient and agile. Regulation and Inflation To Terribly Impact Crypto Space in 2022! The crypto space plummeting with no proper trade signals and with negative volatility. One of the analysts reminded 2014 bear market where Fed tapered interest rates. Relatively, US Fed has announced a tapering of interest rates in 2022 on a gradual basis. The broader crypto market has started to plummet post the
The post Will The Crypto Crash Lead To The Market Shedding 35% In Valuation By Year-End? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The crypto-sphere has been sailing along with a narrow bandwidth for a brief time now. Whilst partisans have been yearning for bullish initiatives, that could bestow relief from the burdens of the market cycle. The recent corrections have eradicated gains of about 2.1% from the market cap, which now hovers at about $2.3 Trillion. The corrections have escorted fear amongst newbies in the crypto-verse. As a result of which the fear and greed index now weighs heavier at extreme fear with a score of 22. The corrections have persuaded newer retailers to hand over their bags of holdings to the whales. However, veterans have learnt the ins and outs of the game, and are making calculated moves. Is This How Veterans Are Extracting Profits? The crypto town is now witnessing FUD striding in amongst novices, in the midst o
The post Will Tether’s USDT Mint Rate Burst The Crypto Bubble With The Start Of 2022? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The crypto-verse now seems to be heading towards FUD prior to the new year. Wherefore, crypto folks are now in an insoluble dilemma over their next move, as the tactics have fallen prey to delusions. With the Tether treasury minting a billion dollars worth of USDT, which has paved way for uncertainty and FUD as traders fear a bubble burst. Tether being the primary pair for trade in the world of cryptos, the move by the makers has escorted a swirl in the market. The CTO of Tether and Bitfinex justifies the mint initiative by Tether. Meanwhile, proponents from the industry are pondering over the possible scenarios and their repercussions. Is Tether On The Verge Of Wiping Out Billions From The Crypto Market? As aforementioned, Tether treasury has minted 1,000,000,000 USDT that approximates to $1 Billion out of thi
The post Will Polygon Debunk Ethereum’s Undisputed Utilitarian Supremacy In Q1 Of 2022? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Crypto merchants and hodlers are ecstatic in the midst of the holiday season. The coin market is now yielding appreciable numbers, whilst the digital assets have been registering greener gains. Meanwhile, utility chains have been tallying an overwhelming count of adoptions and initiatives, while setting trends on public platforms. Polygon is never far from sight, as the protocol has been breaking numerous stereotypes in the industry. The primary one is the dominance of layer-1 chains in the business. In a plethora of buzz around the protocol, the major one comes from Polygon receiving exposure on the cover page of WIRED. Will Polygon Be The New Ethereum Killer? Polygon is now growing as a go-to alternative for the second-largest crypto Ethereum . The shortcomings of Ethereum’s network have been the unique selli
The post Just Humble Portion of BTC Supply is Left On Exchanges! Growth of Bitcoin is Inevitable! appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Bitcoin has brought cheerful news for Merry Christmas , the supply squeeze is depleting at the historic rate. The everlasting demand for the flagship asset has been on the rise over time as the share of coins left on exchanges depleting constantly. There has been increased demand from institutional investors such as Microstrategy and others. On the other hand, Grayscale’s Bitcoin holdings are mounting at a higher rate and El Salvador is constantly buying the dip to strengthen its financial economy. Just 6.3% of BTC is Left On Exchanges! A new year is just around the corner and there comes the good news of the Bitcoin supply squeeze . Whilst the crypto fraternity is enjoying the holiday season, exciting analytics from Cryptorank reveal a depleting supply of the flagship asset. However, the report
The post Crypto Growth in 2022 Is Inevitable! Here’s What Investors and Traders Can Expect appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The crypto market is back at it, after a sluggish month. BTC has been trying to hit $50K, ETH is around $4K. In tandem with the market, other altcoins too have picked up. Ahead in the race are DOT, SHIB, MATIC, and ATOM. As 2021 comes to an end, predictions are reigning in for 2022. Crypto.com, the world’s largest cryptocurrency exchange, is looking back on a historic year for digital assets and making predictions for the future. The exchange’s research team expects increased crypto usage in 2022, led by one area in particular, in a vast paper released on the Crypto.com research page. To begin, the exchange expects that by the end of 2022, the number of international crypto users will reach 1 billion. Nations can’t ignore crypto The research states that Nations can no longer afford to ignore the public’s
The post The Metaverse is a Half Trillion Revenue Opportunity! Why Is It the Perfect Time to Invest For Tech Firms? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The everlasting development across the crypto space has given rise to the evolution of diverse cryptocurrency projects. Notably, DeFi , NFT gaming , Metaverse , and Web 3.0 projects flourished one after the other right through the year. Metaverse projects have taken the world by storm in Q4 as a majority of the projects based on Metaverse blossomed with gigantic gains. As Metaverse projects exploit a vast range of benefits across all sections of the space, mainstream businesses are aggregating to build the masterclass metaverse world. The Crypto fraternity appears to be highly confident in Metaverse, where folks are hopeful of its market cap to hit the half-trillion market cap in the near future. This is How Mainstream Is Building Metaverse! Metaverse projects making headway to gen
The post Will Crypto Coin Burn Be The Go-To Strategy For Price Propulsion? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The crypto-verse has been constantly evolving, which at times is stodgy for folks from the industry. The makers of the crypto platforms are on an unremitting quest to unfold advancements benefitting digital assets. Crypto geeks have been monitoring these advancements while contemplating the repercussions of the initiatives. Coin burns have been an increasing phenomenon in the business off-late. Multiple protocols have been tracing the path of burn initiatives. While certain sections have been praising the move, the rest have been contemplating the necessity of burn initiatives. Binance is the latest entrant to the consortium that previously hosts Ethereum, Polygon, and Shiba Inu. The Coin Burn Storm? The crypto sphere has been welcoming newer advancements and strategies in the business. The team behind the platforms has been
The post El-Salvador Purchase 21 Bitcoins While BTC Price Nearing $50k! Here’s What Traders Can Expect appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide In the last 24 hours, the global crypto market capitalization fell 0.38 percent to $2.19 trillion. On the last day, Bitcoin’s market share climbed by 0.30 percent to 40.55 percent, with the price at $46,919.50. Overall cryptocurrency trade volume climbed by 21.76 percent in the last 24 hours to $95.42 billion. Defi accounted for 15.04 percent of total volume ($14.35 billion), while stable coins accounted for 79.23 percent ($75.60 billion). El Salvador Purchases Additional Bitcoin On Tuesday night, President Nayib Bukele stated in a series of tweets that El Salvador had purchased extra 21 bitcoins to honor the twenty-first day of the twenty-first century. El Salvador’s land area is 21,000 square kilometers, according to Bukele, and the transaction was completed at 21:21:21. The president responde
The post How Do Blockchains Talk to Each Other? Cross-Chain Communication Is Needed appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Blockchain technology has become widely adopted by many different types of users and organizations across the globe. While the blockchain data structure itself was invented in the early 1990s by Dr. Stuart Haber and his colleagues, it was initially intended for digital document timestamping. As most crypto enthusiasts would know, blockchain or distributed ledger tech (DLT) platforms now serve a really extensive range of use-cases. In 2021, we have all seen the dramatic rise of decentralized finance (DeFi), which allows different parties to lend, borrow, and stake digital assets without needing intermediaries to complete transactions. We have also witnessed the emergence of non-fungible tokens or NFTs which are basically digital collectibles that are provably unique, thanks to the power of blockchain technology. Nu
The post How Will Crypto Derivatives Evolve With Current Regulatory Challenges? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide While spot crypto trading has been prominent for years, new digital assets emerge within the industry every year. One asset in particular that has gained increasing popularity is crypto derivatives trading, allowing traders to profit from speculating on price movements of a crypto token rather than buying it outright. However, despite the popularity, Crypto derivatives trading has also been controversial, especially with regulators. In the United Kingdom, crypto derivatives have been banned outright. Even top dogs in the industry like Binance have had to shut down operations in several countries due to regulatory issues. We sat down with Marcus Fetherston, Head of Operations at Eightcap, a multi-award-winning global broker, to discuss the regulatory landscape in the crypto derivatives market. Eightcap is a CFD and
The post Will Bitcoin Price Embark On A 50% Moon Run Following This Country’s Acceptance? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The economy around the globe has fallen prey to the inflation which has been a marauder for the thrift class. Pandemic, growing variants of the virus, and the burdening lockdowns have paved the way for the economy to fall apart. Decisive amendments made by governments across nations have done little for the ailments. Turkey remains one of the severely affected nations by inflation, which has been tormenting the citizens of the nation. Meanwhile, crypto proponents have been reckoning the hypothesis of cryptocurrencies countering inflation. The coin market has managed to rise above the turbulence resulting from the global crisis. Will Cryptocurrencies Take Turkey’s Inflation Brunt? Turkey has been in economic turmoil, in the midst of soaring high inflation rates. Which is currently at about 21.3%. In comparison
The post After Ripple Are We Heading Towards Another Lawsuit Against Shiba Inu? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The crypto town sees a bright sunny morning, after a perpetual like gloomy overcast. The crypto market is currently portraying greener numbers. The market cap of the industry is currently at about $2.37 Trillion which is up by 2.4%. The top-10 digital assets are also exhibiting greener scores on the charts. Meme coins have been catching the wind of the market trends. Wherefore, top meme coins like DOGE, and SHIB have picked up the pace. The self-proclaimed Doge-killer Shiba Inu sees escalating impetus of the protocol with newer advertisements, integrations, and growth metrics. While a healthcare firm goes on a war against the makers of the meme coin. Will Shib Battalion Triumph Against The Critics’ Lawsuit? A healthcare firm, Ask the doctor criticizes the meme coin Shiba Inu and the creators of the dog-based coin
The post Cardano(ADA) Price Rebounds! Hoskinson Banks on Strong Fundamentals appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The crypto market has been in a slump for over a month as bulls fail to regain control. Bitcoin trades at $46K, Ethereum at $3.8K. All other altcoins too trade in red today. The slump is credited to Omicron’s fears and the general market trend. Cardano Price Analysis The support at $1.2 is currently being retested by ADA, and it must hold. Otherwise, $1 will be the next major support level. The $1.3 resistance level has not been tested in almost a week, indicating significant bullish weakness. Pressure is building, and any slip lower might result in a severe decline, especially when the market is fearful. The trading volume continues to drop. ADA’s lone achievement thus far has been to stay above the critical support level, but with increasing pressure, this might quickly change. As for the technical indicators, The RSI
The post Uno Re Is All Set To Launch Penta-part V2 And Its Cover Portal appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide With the successful launch of Uno Re’s Risk Investment dApp – where the protocol raised 500K USDC in less than a week, Uno Re is all set for the launch of their V2. With the announcement of their revamped V2 , the crown jewel of their next launch will include the Cover Portal , which will scan the user’s wallet, detect insurable assets within, measure potential risks using an AI-based algorithm and allow users to instantly purchase coverage for any token in their crypto wallet. To fund the policies sold on the Cover Portal as well as add to the utility of their token $UNO, the team has decided to launch two new native staking pools. Single-Sided Reinsurance Pool (SSRP) and Single-Sided Insurance Pool (SSIP) , for users to stake and enjoy $UNO in APRs of up to 50% and 90% respectively. Their accompanying Synthetic Pools, SySSRP
The post Crypto Space Needs To Alleviate These Challenges In 2022! What Traders Need To Be Cautious Of? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Crypto town has seen manifold twists and turns throughout 2021. The volatility in space had created many millionaires overnight. However, the same has also been imparted to the rising number of cryptocurrency scams. Along with Ponzi schemes , rug pulls are the new emergence which alone has generated billions of scams of revenue. Metrics Reveal Emergence in New Crypto Scams! Chainalysis, a popular crypto metric platform has reported a meteoric rise in crypto scams up to 81% costing a whopping $7.7 billion scam revenue. In contrast to 2020, there has been a dramatic ramp-up in Ponzi schemes and other money laundering scams along with the emergence in rug pulls. A Billion-Dollar Ponzi Scam in 2021 by Finiko! The year 2020 was brilliant with no significant large-scale Ponzi schemes and rug pulls
The post How HUMAN Protocol Wants To Change The Face of The Global Gig Economy appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide The most glaring effect of the COVID lockdown was the willingness of companies to embrace remote work. More professionals have shown a willingness to transit to the digital nomad experience, which for some time was the face of the global gig economy. The evolution of remote work has opened new vistas for the gig- economy to transit into the centerstage of global employee management practices. Human Protocol is an emerging work platform that has shown to be efficient and credible. The partnership developed so far with the likes of Solana, Chainlink, Ethereum, and Polkadot, to mention a few, are indications of the possibilities that it offers. The project has also got excellent ratings from Intel and CVAT. Work platforms Work platforms are internet services that connect businesses with employees that perform HIT or Human
The post SpiderDAO Celebrates 1st Anniversary With New Updates For Community. appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide Dec 16, 2021. December 15 marked the 1-year anniversary of the SpiderDAO project. SpiderDAO is building a set of standards that can prevent unfair voting on decentralized platforms, packaged with a growing suite of services and offerings such as the secure SpiderVPN , SpiderNest , liquidity and staking programs, and more. Review of the Last 12 Months SpiderDAO was a relatively unknown project a year ago, but the team has made considerable progress in 12 short months. Beginning with the project’s private sale and launch on the PolkaStarter IDO (which met the launch cap in 30 seconds), the team released its SpiderDAO distribution program, Liquidity as Utility (LaU) program, and held many AMA’s to spread the word about SpiderDAO and educate the public about the changes the project would bring. The project was successfully
