New Year'S Special news-Page 2
Top five crypto winners (and losers) of 2022
Cointelegraph looks back on the best and worst-performing cryptocurrencies of 2022 among the top 100 assets by market capitalization. We used the highest and the lowest year-to-date (YTD) returns through the close of Dec. 25, 2022. Overall, Cryptoindex.com 100 (CIX100), an index that tracks the 100 best-performing cryptocurrencies, fell nearly 68% YTD, suggesting most top coins underperformed in 2022. Stablecoins are naturalomitted from the list below. Similarly, coins tracking the value of gold and similar mainstream assets have also been ignored. Instead, the coins mentioned below include decentralized currencies, smart contract tokens, exchange tokens, and others. Top five crypto of …
Markets / Dec. 27, 2022
Xmas dinner table: What to tell your family about what happened in crypto this year
After a lackluster rise of crypto in 2021, which saw many new crypto millionaires and several crypto startups attain unicorn status, came the dramatic fall in 2022. The industry was plagued by macroeconomic pressures, scandals and meltdowns that wiped out fortunes virtually overnight. As 2022 comes to a close, many crypto proponents are perplexed about the state of the industry, especially in light of the recent FTX collapse and the contagion it has caused, taking down several firms associated with it. Many who couldn’t stop talking about crypto and recommending their family to invest in it last year at Christmas …
Adoption / Dec. 24, 2022
Under the Christmas tree: The best crypto gifts this holiday season
Each person who receives cryptocurrency becomes a member of a community already numbering in the millions, with common goals, interests and plans. But how can you find the right gift for the crypto enthusiast in your life when the holidays come around? It’s no secret that people struggle to choose gifts when they want to meet the expectations of another person. This holiday season, Cointelegraph has put together a list of crypto gifts that crypto hodlers will appreciate. Crypto It may seem too simple, but it can be difficult to find someone who refuses investments with great value. One option …
Adoption / Dec. 21, 2022
Cointelegraph Brasil’s top 10 people in crypto and blockchain in 2021
In 2021, the Brazilian cryptocurrency market gained more investors, reached the Brazilian stock exchange and “punctured the bubble” of the mainstream, becoming an important part of the investment portfolio of ordinary Brazilians. In addition to strengthening the crypto community in Brazil, the initiatives of Brazilian blockchain companies have taken cryptocurrencies to the most varied segments of society, from football — a great national passion — to civil aviation. Cointelegraph Brasil chose the 10 most prominent figures in the country in 2021, taking into account the performance of the companies represented, their impact on the crypto community and their pioneering spirit …
Adoption / Feb. 23, 2022
NFTs, payments and conferences: Crypto in Latin America in 2021
In 2021, Latin America saw a soaring rise in crypto adoption among the 20 countries and 14 dependencies that make up the region. A slew of conferences, associations, new regulations and nonfungible token (NFT) projects as well as the global bull market made last year an intriguing one for the region. Let’s take a look at some of the most interesting developments in the blockchain and cryptocurrency ecosystem in Latin America in 2021. Colombian financial firms partner with crypto exchanges Early in 2021, the Financial Superintendence of Colombia authorized several partnerships between banking institutions licensed in the nation’s financial system …
Decentralization / Feb. 20, 2022
Innovation and experimentation: Spain’s blockchain sector in 2021
In Spain, companies across various industries — not just digital finance — have begun to apply blockchain technology to their operations. This disruptive technology has promoted pioneering projects in the country that are expected to add 20 billion euros to Spanish gross domestic product by 2030. As expectations around this technology increased in Spain throughout 2021, so did investment, hype and concerns regarding the stability and regulation of digital assets. Here, we will take a look at some of the most notable developments in the Spanish cryptocurrency and blockchain ecosystems throughout 2021. Central bank warns about risks of crypto investment …
Adoption / Feb. 14, 2022
P2P payments spurred crypto adoption across Venezuela in 2021
For Venezuela, 2021 has been a year of considerable changes at the microeconomic level, where even more than in 2020, the results of powerful catalysts for change such as COVID-19 were clearly visible. In a more dynamic economy with a higher volume of operations with foreign currencies, cryptocurrencies played a key role during this year for the South American country. In this review, we’ll take a look at the highlights of the Venezuelan crypto ecosystem in 2021 including related areas such as trading, play-to-earn (P2E) games, fintech, mining, regulation and nonfungible tokens (NFTs). More people accepting cryptocurrencies According to blockchain …
Adoption / Feb. 12, 2022
Bored Ape Yacht Club is a huge mainstream hit, but is Wall Street ready for NFTs?
Within months after its launch in April 2021, Bored Ape Yacht Club (BAYC) has become one of the main reasons Wall Street should take the emerging nonfungible token (NFT) market seriously, thanks to its recent sales turnover of over $1 billion. Celebrities ape into BAYC For the uninitiated, BAYC is a collection of 10,000 cartoons of anthropomorphic apes with stylish clothes and disreputable expressions. Each ape is practically an image file that should be worthless in a sane world. Nonetheless, they have been managing to fetch astonishing sums, sometimes from some of the world's most renowned celebrities. For instance, Jimmy …
Nft / Jan. 8, 2022
Five coins that saw huge gains in 2021
The year 2021 was unprecedented for crypto, with Bitcoin (BTC) and Ether (ETH) gaining 60.58% and 408.5% throughout the year, respectively. For the latter, the explosion of decentralized finance (DeFi), nonfungible tokens (NFTs), decentralized applications (DApps) and decentralized exchanges (DEXs) built on its blockchain created a whole new digital currency cyberspace encompassing all corners of the world. But, the year was also an auspicious one for altcoins, whose performance far outweighed that of BTC and ETH during the same time period. So, without further ado, let's look at five cryptocurrencies that went from zero to hero in 2021. 1. Shiba …
Adoption / Jan. 6, 2022
Top 5 cryptocurrencies to watch in 2022: BTC, ETH, BNB, AVAX, MATIC
Bitcoin (BTC) witnessed a roller coaster ride in 2021 and even though BTC has corrected sharply from its all-time high at $69,000, the digital asset is still up by 60% year-to-date. During the same period, gold has dropped more than 5%. With inflation soaring in the United States and several other parts of the world, Bitcoin’s outperformance over gold shows that investors may be considering it to be a better hedge against inflation when compared to gold. During the year, the total crypto market capitalization surged to about $3 trillion, but Bitcoin’s dominance fell from about 70% at the start …
Bitcoin / Jan. 5, 2022
Touchdown! Goal! Knockout! Crypto and sports collide in 2021
Cryptocurrencies and sport have continued to collide in 2021 with synergies between the two proving to be fruitful on a number of fronts. The relationship between the sports world and the various applications of cryptocurrencies and blockchain technology has slowly been expanding over the past few years. Humble beginnings of simple sponsorships building early brand awareness for exchanges and payment platforms have snowballed into worldwide recognition and collaboration between the sectors, with 2021 seeing a variety of different use cases come to the fore. From the basketball courts of the NBA to the soccer fields of Europe, crypto continues to …
Adoption / Jan. 1, 2022
Bitcoin price fell short of analysts’ $100K target, but what about 2022?
Bitcoin (BTC) is likely to end 2021 well below analysts’ target projections of $100,000. Kraken CEO Jesse Powell, who had also projected a $100,000 price target for Bitcoin, still remains bullish in the long term, but he does not rule out a sharp drop in the short term. One of the negatives that may add pressure to Bitcoin in the short term is the shift in the United States Federal Reserve’s monetary policy. On Dec. 15, the Fed announced that it would wind down its bond-buying program at a faster pace, and it also projected three interest rate hikes in …
Bitcoin / Jan. 1, 2022