Financial markets around the world are quickly reacting to the news that a new coronavirus variant called B.1.1.529, which has the potential to be vaccine-resistant, was detected in Hong Kong, South Africa, and Botswana.
Whether you’re new to crypto this year or a bonafide veteran, you’re probably welcoming a bit of extra crypto as part of your Hanukkah gelt (money) stack this holiday season. With big gains in 2021 across to board, and massive growth in crypto tech via the likes of the Metaverse, NFTs and DeFi, there are many interesting areas in this exciting new space to invest in. With 2021 coming to a record close, and 2022 positioned as another record year for the cryptocurrency industry, we explore the top eight ways to get some free or low-cost crypto this season.
Cardano has been at the center of both rabid praise and mass criticism since its release in September of 2017. The digital token separates itself from the crowd with its rapidly advancing technology, its unique multi-layer architecture, and by using mathematical principles in its consensus mechanism. Yet claims of difficulty for programmers, especially in launching decentralized applications (dApps) on the Cardano ecosystem, have continued to bog down one of the more promising cryptocurrencies available.
Cryptocurrencies were facing a wide market retreat Wednesday as India moves forward with plans to introduce a digital currency regulated and attached to its central bank and subsequently make most other digital assets illegal.
A new partnership between Crypto.com Exchange, one of the fastest growing and most secure crypto trading platforms, and Silvergate, a Federal Reserve member bank and a leading provider of innovative financial infrastructure solutions and services for the growing digital currency industry, was just announced to introduce USD deposits and withdrawals for Crypto.com institutional clients.
El Salvador President Nayib Bukele closed out a week-long promotion of Bitcoin by unveiling his plans to construct an oceanside “Bitcoin City”, funded initially by Bitcoin backed bonds, built by the Conchagua volcano to harness geothermal energy for both the city’s power grid and for Bitcoin mining.
Blockchain technology has started to permeate society in a variety of ways outside of being a leger for digital transactions. Recently, SLAFKA, the world’s first blockchain prototype for safeguarding nuclear materials, was awarded the third prize for Innovation in Global Security by the Geneva Centre for Security Policy under its Geopolitics and Global Futures program. Unveiled in March 2020, SLAFKA relies on blockchains immutable ledger to add layers of trust, efficiency, reliability, and transparency to the management and safeguards of nuclear material.
In a press release issued Thursday, Bitdeer Technologies announced it has agreed to a future merger with blank-check firm Blue Safari Group Acquisition Corp to become a publicly traded company on the United States stock market.
The Sandbox and its native token SAND have been seeing a steady inflow of new funds which resulted in the SAND token hitting an all-time high of $3.61 on November 17th. Since breaking out, the SAND token has given into selling pressure and has retreated back below the $3.30 support level. While further selling pressure is possible in the short term, the growing excitement surrounding the metaverse and virtual properties has driven the price of virtual land higher.
For the first time since November 1st, Bitcoin’s valuation dropped below $60,000 in overnight trading as the passing of the US infrastructure bill and a continued crackdown on cryptocurrency mining in China pulled the market down for the most popular digital coins.