Latest Market News
More cryptocurrency exchanges have limited or halted XRP trading in the wake of the SEC’s lawsuit against Ripple.
Mike Winkelmann or "Beeple" is legendary digital artist who has risen to fame after consistently releasing one artwork a day for over 13 years. Beeple sold more than $3.5 million worth of digital artwork through the Nifty Gateway platform in just 48 hours in the weekend between December 12 and December 13.
As we close out the year and move into 2021, a number of cryptocurrency projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
Crypto is back. For many, in fact, it never left. But now, with Bitcoin hovering within striking distance of its all-time high and decentralized finance experiencing a remarkable influx of investors and consumers, cryptocurrency is back in the popular mainstream. This is to say that the reports of cryptocurrency’s death were greatly exaggerated.
A new survey of cryptocurrency users concluded that the single most significant barrier to mass consumer adoption was ease of use, with 66.9% of respondents choosing this reason. To address this barrier, Dash has released a public alpha of DashPay, a new social payments wallet with blockchain usernames and contact lists, to allow new users to experience first-hand what a seamless and social cryptocurrency experience can be like ahead of full public launch in 2021.
One of the main factors that influenced Bitcoin’s recovery from the cryptocurrency market crash in March of 2020 was the increased presence of institutional investors in the cryptocurrency market – as central banks around the globe supported aggressive stimulus policies (i.e. accelerated money printing) to combat the adverse economic effects of the COVID-19 pandemic, investors started looking to convert their cash into other assets to protect their holdings against devaluation.
LABS, a project bringing the benefits of blockchain technology to the real estate investment sector, has selected RioChain as its blockchain platform of choice.
As we move through the final month of the year, a number of cryptocurrency projects are moving ahead with continued development, and this week’s choices are set to benefit from significant updates and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.
Cryptocurrency exchanges are at the center of market activity in the crypto world. These exchanges serve several roles and are often the first place that one visits when taking their first step into cryptocurrency. Some exchanges have generated billions in revenue in very short amounts of time, and the largest exchanges handle billions in volume every day.
When there’s talk of widespread cryptocurrency or blockchain adoption, it tends to focus on the number of Bitcoin holders or enterprise use cases such as supply chain. But it could prove to be the gaming industry that sparks mainstream adoption of blockchain technology.
