This week in coins. Illustration by Mitchell Preffer for Decrypt. Most of the world’s leading cryptocurrencies are down in the past week, including top dogs Bitcoin (down 3%) and Ethereum (down 2%), but a few managed to weather the pullback. Avalanche’s AVAX is up an impressive 40% from last Saturday to trade at $115, while LUNA climbed 14% to $72.…
Dominik is the co-founder and chairman of the Iota Foundation, an open-source distributed ledger and cryptocurrency designed for the Internet of Things. “The biggest difference between crypto in 2017 and crypto in 2022 is the establishment of tangible business models and use cases within our ecosystem thanks to DeFi. We no longer have to wait for external parties such as…
Last week, Pepsi launched its first NFT collection, a series of cartoon microphones with Pepsi logo noses. Budweiser, which bought an NFT and Ethereum domain name in August and changed its Twitter handle to beer.eth, responded, “Welcome brand friend. WAGMI.” Pepsi replied, “Thanks, fren! WAGMI.” Facebook, which renamed itself Meta in October, tweeted to Pepsi, “This is going to look…
An industry organization controlled by the Chinese government has updated a list of topics users of video-sharing apps should avoid. Crypto-related content is now among the entries along with traditional taboos in China like mocking its leadership, provoking sectarianism, and showing sex. Clips on Crypto Trading, Mining Banned in China The China Netcasting Services Association (CNSA) has recently published a…
Those that were around in 2017 likely remember the initial coin offering (ICO) craze, which saw swathes of new projects emerge — many of which generated staggering returns for participants in a matter of weeks or months. Although many ICO-funded projects turned out to be duds, a small proportion grew and evolved to become the current heavyweight blockchain platforms, including…
A technical sell signal is about to appear on the Bitcoin (BTC) daily chart. On Dec. 18, the BTC price will experience a death cross, a market indicator that occurs when a short-term moving average slips below a long-term moving average. In this case, Bitcoin‘s 20-day exponential moving average (20-day EMA) will close below its 200-day exponential moving average (200-day…
Tis’ the season of giving and with Christmas right around the corner, it’s time to get the holiday shopping out of the way. With the digital asset market having matured as much as it has, there are now crypto enthusiasts in virtually every family and friend circle across the globe. In this festive piece, we’ve listed out some of the…
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) In a heated Senate hearing on stablecoins this past week, one name came up far more than anyone in crypto would have expected: OlympusDAO and its OHM stablecoin. OHM is a so-called stablecoin that, unlike other stablecoins, is not pegged to a fiat currency. Its price has declined sharply recently,…
“I type d that tyitle twice because I knew it was wrong the first time. Still wrong. w/e.” Eight years ago today, in a now infamous, whiskey-soaked Bitcointalk post, a meme was born. “so i’ve had some whisky actually on the bottle it’s spelled whisky w/e sue me (but only if it’s payable in BTC)” Starting 2013 at around $15,…
The number of cryptocurrency holders in Serbia has climbed to around 200,000 with interest in cryptocurrencies increasing alongside growing crypto markets. The country’s decision to legally recognize digital assets this year has also contributed to their increasing popularity. Law on Digital Assets Puts Serbia on Crypto Map Recently adopted regulations and genuine investor interest have placed Serbia, a nation of…
