Despite the fact that the end of 2021 suggested that there could still be some concern in regard to the volatility of the market, there is no doubt that last year was huge for the cryptocurrency industry and one that was huge in general. Indeed, there were a number of different things to look out for including things such as non-fungible tokens (NFTs) and decentralized finance (DeFi), Ethereum (ETH-USD) and smaller cryptocurrencies, however it is was also a year that had plenty of impact on Bitcoin. The cryptocurrency, which had experienced a number of fluctuations over the last 12 months, had managed to hit an all-time high of a price near $69,000 in November, however it had been reduced to around $47,000 recently, leaving its market capitalization to being its second lowest and around 40% according to TradingView data. Nonetheless, this has not stopped many bulls from predicting that Bitcoin will still be able to reach the $100,000 price that many have hoped it would, with many standing strong in their prediction and seemingly having as much confidence in it happening as before. Naturally, there are a number of different factors that many individuals and experts may look to point to when it comes down to trying to back their prediction, with the gambling industry perhaps one of the biggest. Crypto gambling is an activity that is enjoyed by many holders of virtual currency, with the use of a Bitcoin casino continuing to increase due to the benefits that gamblers are able to enjoy when playing their favorite games. Additionally, to further support the suggestion that Bitcoin has benefited from this particular industry and will likely continue to do so, a study by Thomas Conlon and Richard McGee in 2020 has already shown that the crypto token had enjoyed an increase in price once before because of the wagering industry. CryptosRus George Tung told Yahoo Finance that whilst in the “short-term, there may be some volatility,” he felt that in the “long-term, inflation is going to be a continuing issue, and bitcoin is seen as the best hedge against inflation at this point.” Blockstream’s chief strategy officer Samson Mow also appeared to double down on the prediction that Bitcoin will be a six-figure price by suggesting that it could happen inside the next six months. He stated: “We’ll see $100k within the first half of the year.” How did it also reveal that Bitcoin will still be a rather risk-sensitive asset over the short-term, with a number of different factors at play, but also stated: “on a long enough time horizon, [Bitcoin] does its own thing.” El Salvador President, Nayib Bukele, has recently echoed the opinion that Bitcoin will also be able to reach the $100,000 price in 2022, as he made a number of strong predictions whilst taking to Twitter and posting a tweet to all of his followers. One of the predictions that he made that could help the digital asset to become a six-figure coin was that he felt two more countries will adopt the token as legal tender in the next 12 months, thus joining the Latin American country in becoming amongst the first to accept it. Mow highlighted that “[Bitcoin] mining at the national utility level is the first step,” and a number of countries have seen the market resurface. Despite the fact that China banned cryptocurrency mining in June 2021, countries including Canada, Iran, Germany, Malaysia, Russia and the United States have all seen a resurgence in market interest, according to research compiled by the Cambridge Bitcoin Electricity Consumption Index (CBECI). Some would suggest that Bukele’s and Mow’s thoughts are shared, though, due to the interest that they have together after a partnership was announced that would see them offer “volcano bonds”. Half of the billion-dollar sovereign debt would be going towards financing “Bitcoin City ” which would harvest nearby geothermal energy from a volcano to mine Bitcoin. Mow stated that a “zero tax on everything” development zone would help to transform El Salvador into the “Singapore of Latin America,” however it should be noted that the bond is not yet available, as Blockstream continues to work with a number of brokers. The other half of the 10-year bond offering will be converted into Bitcoin, with a coupon of 6.5% being carried over the next decade.

They left in droves. Over 40 million employees quit their jobs in 2021. The mass exodus of workers accelerated last year and shows no signs of slowing down in 2022. While this trend might look bad for the job market, it’s good news for technological development. The Great Resignation is already fast-forwarding

Friends invested $50k in Theta in 2018 but lost access to the Trezor One. However, they are now $2 million richer after one hacker helped cracked the wallet.

Crypto research firm Glassnode is looking at fresh Bitcoin (BTC) data to see if the recent sell-off indicates that BTC is just in a slump or entering bear market territory. In its latest weekly newsletter, Glassnode says that due to the wild price swings commonly seen in the crypto markets, a deeper analysis of the […]

The post Short-Term Bitcoin Holders Taking the Brunt of BTC Capitulation: Analytics Firm Glassnode appeared first on The Daily Hodl.

The market sentiment around digital assets suffered a major blow following the crash in the crypto-market. And yet, different analysts have shared undeterred bullish scenarios for the space. In fact, formers critics too have joined this bandwagon to express optimism regardless of the recent market correction. What’s happening? Former Goldman Sachs CEO and Chairman Lloyd […]

Reading Time: 5 minutes It’s been a terrible past few weeks – new investors who came to the markets expecting to see instant gains have been disappointed, but hopefully, this experience will make them better traders over the long term.   Many will be focusing on the recent collapse of cryptocurrencies. Those who remain […]

Pemo:                Welcome, Rosario. So good to speak to you again. It’s been a little while and obviously, a lot’s happened all over the world for everyone. So, tell me about your business. Rosario:           Yeah. Well, thanks for having us, Pemo. Appreciate it. Yeah, […]

Have you ever tried to make CSS borders in a repeating zig-zag pattern? Like where a colored section of a website ends and another differently colored section begins — not with a straight line, but angled zig zags, rounded humps, …

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Fancy CSS Borders Using Masks originally published on CSS-Tricks. You should get the newsletter and become a supporter.

At the very beginning of 2022, South Korean tech giant Samsung announced its foray into the metaverse and a new “NFT Aggregation Platform” designed for its smart TVs. In addition to the NFT TVs, Samsung also launched a virtual experience inside of Decentraland, one of the most popular metaverse gaming platforms. It’s high time we […]

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2021 was a rollicking year for crypto. We’ve seen more people asking about crypto-related matters than ever before. Institutional money pouring in, people who used to pooh-poohed crypto are at least showing some interest via NFTs, while others are literally jumping on the bandwagon and getting into all sorts of safe (and unsafe) crypto projects. […]

The post Explaining Bitcoin and Crypto To Your Family appeared first on Coin Bureau.

Lloyd Blankfein, former CEO of banking giant Goldman Sachs has changed his tune on crypto after previously dismissing in the years prior. Noting a blossoming ecosystem in the crypto space, Blankfein told CNBC in an interview that while digital assets have been hard to wrap his head around, he’s recently decided to be more “pragmatic” […]

The post Former Goldman Sachs CEO Admits ‘Crypto is Happening’ appeared first on Coin Bureau.