Shiba Inu, Floki Ilon Musk – don’t dare buy these coins unless you want to ride up or down a roller coaster. Let’s break down 5 trends that will probably be popular and take off in 2022.
Christian Borel is confident that regulation will encourage further adoption of cryptocurrencies because investors and companies will feel protected by the law.
According to Decrypt, the market capitalization of the crypto industry fell by almost 4% (about $98 billion) in 24 hours. Bitcoin also lost 4% in price, from $44,000 to $41,000. The price of ether is down 5%, while it jumped to $3,000 on Thursday afternoon.
The new version of the bill on digital asset markets in the EU will not include a controversial clause to ban cryptocurrencies that use the Proof-of-Work consensus mechanism, the German publication BTC-ECHO reported. Proof-of-Work is used by bitcoin, Ethereum and some other major cryptocurrencies.
0x650d, the owner of NFT under the nickname 0x650d decided not to sell tokens that are estimated to be worth between $20 and $30 million. Sotheby’s representatives informed about the cancellation of the auction of NFT CryptoPunks that was supposed to start on February 24 and thanked everyone who supported the auction.
Indira Kempis, a member of the opposition party Movimiento Ciudadano (Civic Movement), believes that bitcoin has many advantages and can benefit people who do not have bank accounts. She said she has already consulted with people knowledgeable about the crypto-asset and now intends to use her political clout to promote bitcoin throughout Mexico and develop appropriate laws.
The Advertising Standards Council of India (ASCI) has published requirements for companies and individuals promoting investments in cryptocurrencies.
Kryptovault is a Norwegian data center provider and operator, as well as the largest bitcoin miner in the country. The company’s farm is located near Oslo (the Norwegian capital), and it covers about 5,000 square meters. Why is Kryptovault interesting? The fact is that it disproves the prevailing notion that mining is harmful for the environment.
Indeed, what is Dogecoin – just a funny meme or a promising currency? Inspired by a popular Internet meme with a shiba-inu dog, this crypto appeared as a tip system that could be left for authors of favorite content on Twitter and Reddit. Now you can already pay with it in some online stores, and also instantly and securely send between people anywhere in the world via the Internet.Dogecoin was branched off from Litecoin, that is, it is a Proof of Work network, protected by mining.
In fact: now auctions have migrated from reality to the digital space, and people spending fabulous sums in an effort to get their hands on a virtual art object (be it a video collection, an electronic signature of a famous person or a painting that does not exist in the physical world).