Tether’s Market Cap Nears $80B, USDT Represents 46% of the Stablecoin Economy – Altcoins Bitcoin News

This week the stablecoin giant tether reached a market capitalization of roughly $78.2 billion according to data. Over the last 30 days, tether’s market valuation grew by 5.6% and the stablecoin now represents 46% of the $168.3 billion stablecoin economy. Tether Market Cap is Less Than $2 Billion Away From Reaching $80 Billion On December 30, 2021, there’s roughly 78.2 billion tether (USDT) in circulation, according to coingecko.com’s top stablecoin by market capitalization statistics. According to Tether Limited’s transparency report published to the tether.to web portal, there’s $78.5 billion assets…

Crypto Review 2021: Full of Uncertainty and Volatility

The COVID-19 variants Delta and Omicron is still continuing to hit the trading market, bringing uncertainty throughout 2021. In addition, the cryptocurrencies trading market has also experienced high volatility over the past twelve months. This feature will let readers go through key milestones and reviews of major events before the end of this year. Bitcoin breaks All-Time-High Investors have acknowledged the volatility among various tokens trading this year, but the fluctuation also pushed major cryptos to an all-time high, breaking serval records for the first time. The price of Bitcoin reached the…

Indian Ruling Party-Aligned Group Takes Stance on Crypto Regulation

While SJM includes a member of the board of directors of the Reserve Bank of India, Swaminathan Gurumurthy, among its co- founders, observers said it’s unlikely to have much influence over government policy. Even though it is considered the economic arm of Rashtriya Swayamsevak Sangh (RSS), a nationalist group that provides the ideological backing for the ruling party, the Bharatiya Janata Party (BJP), its influence over the RSS may be overestimated by some observers, political analysts said. Author: Amitoj Singh Source link

Here Is Why Crypto Is Still The Best Asset Class, Top Altcoins to Buy Before 2022

Despite recent crypto market turbulence, 2021 was a success year for the crypto industry, with Bitcoin and Ether reaching new all-time highs, growing adoption, and the birth of new industries such as GameFi, NFTs, and metaverse.  Even though we at ChangeNOW.io aren’t seeing the explosive growth predicted by some analysts by the end of this year and some are upset with BTC retracing more than 30% from its all-time high of $69,044.77 hit in November, things are not all that bad.  BTC price is currently up about 50% from around…

Web 3 Is a Return to the Internet’s Wild Spirit

Starting at the dawn of the web, retroactively named Web 1, a new generation of writers and artists burst onto the internet independent of any publisher, promoter or label. In time, many of them would become leading cultural figures: writers and editors Cory Doctorow, Paul Ford and Choire Sicha, musicians Justin Bieber and Adele, comics artists Kate Beaton of “Hark! A Vagrant” and Randall Munroe of “xkcd” and political pundits Ana Marie Cox, Markos Moulitsas and Josh Marshall. All these and more first came to public notice on personal websites…

How NFTs Put Generative Artists on the Map

“Did I make over a million dollars this year? Yes I did.” Joshua Davis is among hundreds, maybe thousands, of creators who have made life-changing amounts of money from the non-fungible token (NFT) boom. But he didn’t make his mil selling profile jpegs of zombie gophers wearing polo shirts. This feature is part of CoinDesk’s Culture Week. Davis founded Praystation.com in 1995 to display his art, part of a new wave of creativity then being unleashed by home computers and the World Wide Web. His works, at first composed largely…

10 Great Novels About Money (and Crypto)

If you’re reading this, chances are very good you’re part of an immensely privileged slice of humanity with access to what’s known as “leisure time.” Chances are also pretty good that you’re the type of psycho who wants to spend it as productively as possible. High up on my personal list of “Type A Maniac Life Hacks” is indulging in a great and entertaining book that also happens to teach me something. So here, with the holidays upon us, is a “To-Do List of Educational Pleasure” for anyone who’s curious…

Crypto Is the Biggest Thing to Change Culture Since Hip Hop

Hip hop music in the 1980s was like the past decade in crypto. On the rise. Understood by few. Regional to mainly New York. Dismissed as a fad. Pavel Bains is the CEO of Bluzelle. This article is part of Culture Week, which explores how crypto is changing media and entertainment. Then, around 1990, it went national with Public Enemy, NWA, 2 Live Crew, Native Tongues Crew, countless others. It was embraced by the youth. Not just African Americans, but almost every minority in the U.S. and Canada, including my…

What’s Next for Friends With Benefits?

Crypto has always had an accessibility problem. It goes without saying that this stuff is difficult to use. It’s one thing to buy some Ethereum on Coinbase –it’s another to actually step beyond that walled garden into the world of decentralized applications, where you won’t find any guardrails to help you along the way. You’ll need an unhosted wallet (which you control rather than a third party), for starters, along with an intimate knowledge of token swaps (what’s “slippage” all about?) and plenty of cash on hand for the network’s…

Why I Spent $29M on a Beeple

Before this year, crypto was a cult. In 2021, crypto became culture. The movement was both catalyzed and led by the standard-bearer of digital art, Mike Winkelmann, known to the world as Beeple. No one in crypto had predicted that art would be what would bring crypto into the mainstream before this year, but here we are, and I am very grateful for the new energy and new entrants into our community. Human One, Beeple’s masterpiece digital sculpture, capped the year as perhaps the most important non-fungible token (NFT) ever…