Tag: Cryptocurrencies

A good example of a cryptocurrency company attempting to increase its profile through professional athletics is Crypto.com's sponsorship of the 2022 FIFA World Cup in Qatar. FIFA and Crypto.com have struck a new deal to promote the exchange inside and outside the World Cup stadiums. As a reminder, the competition will occur in Qatar from November through December. A Few Words about Crypto.com Presently, Crypto.com includes over 10 million users, and more than 4,000 staff spread throughout the Americas, Europe,…

In 2022, the crypto market boasts a $2 trillion value. Bitcoin is trading for more than $40k apiece, and blockchain penetrates almost every industry. So, is it too late to invest in crypto? According to Rosie Rios, former U.S. treasurer, and Harvard scholar, "the train has already left the station." Rios broke the "bad news" for those still hesitating to jump on the crypto wagon in a recent CNBC interview. The ex-treasurer in the Obama Administration is adamant that “blockchain…

Cryptocurrencies had a great year in 2021. In this period, we have seen the market go from being classified as a billion-dollar economy into a trillion-dollar economy. Aside from that, cryptocurrencies are gaining visibility in the mainstream world with, for example, El Salvador's adoption of Bitcoin as the official digital currency. As a result, investors are looking for the "new Bitcoin" on the market, hoping to find a great alternative in so-called altcoins. Unfortunately, many traders value an altcoin exclusively…

Overall, 2021 proved fruitful for cryptocurrencies. As a result, many cryptos have reached new all-time highs and increasingly captured the interest of global financial institutions. The ride of Bitcoin towards $ 70,000 has monopolized the attention of enthusiasts. The same is true for Ethereum, with ETH outperforming BTC. The results of the crypto memes Shiba Inu and Dogecoin were also a surprise. Furthermore, we observed the advance of digital currencies defined as "Ethereum killers" such as Polkadot, Solana, and Chainlink.…

Former US President Donald Trump remains stubbornly opposed to the digital asset ecosystem. In a recent interview, he called cryptocurrencies “a hazardous thing” while showing a strong preference for the US dollar. His stance against the industry puts him in rare agreement with Hillary Clinton, who believes that crypto threatens dollar hegemony. Dollars Over Bitcoin, Says Trump Trump re-established his disdain for cryptocurrency in conversation with Fox anchor Maria Bartiromo on Tuesday. She asked him about his thoughts on the…

Bitcoin has been the flagship cryptocurrency since its inception in 2009. However, several other coins have been gaining traction and making their marks on the market. For instance, some coins have already beaten Bitcoin popularity-wise several times. Also, others have solid use cases and strong communities backing them to succeed. So, can any of them outperform Bitcoin in 2022? We believe that at least six cryptocurrencies might dethrone the king coin next year. Read on to discover which ones may…

The metaverse was once nothing more than a futuristic concept. However, it is now taking shape, and cryptocurrency and blockchain technologies have an integral role in its development. “The metaverse will be the gateway to most digital experiences, a key component of all physical ones, and the next great labor platform,” says Matthew Ball, a renowned venture capitalist. This statement defines the metaverse quite well in a nutshell. However, we still have a lot more to learn about the next…

The Chinese Communist Party (CCP) has maintained a hostile relationship with bitcoin and other cryptocurrencies for years now. The leadership in the Asian country considers crypto a threat to its ability to exert overarching influence on individuals' freedoms. Peer-to-peer, distributed networks like Bitcoin offer folks the ability to evade government surveillance and capital controls. They have therefore become the CCP's worst nightmare. The Chinese government has continued to expand the scope of its crypto bans since 2013. That's how it…

Cryptocurrencies have become a global phenomenon in a matter of a decade. The world experiences a quickly-growing interest and awareness of digital assets. Primarily, it is among the younger generations, who have a deeper knowledge and understanding of technology. Therefore, the UAE has positioned itself as a nation eager to accept the latest technological advancements. We have seen significant changes in the crypto treatment in Dubai and the rest of the UAE. The article will focus on these developments in detail.…