Binance CEO Changpeng Zhao wrote his predictions for altcoins in Fortune India. He said that the newcomer 2022 will be better than 2021 and he expects a huge increase in cryptocurrency adoption.
Binance CEO Changpeng Zhao said Cryptocurrencies have achieved a massive expansion in 2021. Cryptocurrencies such as Bitcoin, Ethereum, Dogecoin and Shiba Inu also rose significantly and attracted a lot of attention. And he said he believes the general adoption of cryptocurrencies is in full swing.
Decentralized finance (DeFi) and GameFi are currently only the tip of the iceberg, as major tech firms and corporate companies enter the crypto space. CZ also said that he is optimistic that global crypto usage will grow from 5% to 20% by 2022. DeFi had a big boom in 2021 and we will most likely witness GameFi and SocialFi seeing high interest and innovation in 2022, he said.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
Launch of IdoWallet for Trading and Stake Cardano tokens. The details of the announcement made by the Idowall team are as follows. The Idowall platform allows users to manage, research and measure current and future Initial Dex Offerings (IDOs) and Token Pre-Sales in the Cardano Ecosystem.
IdoWallet will allow users to stake $WALL tokens to collect and earn more ADA, or stake ADA to earn more $WALL tokens.
What is IdoWallet: It is a proprietary application that allows users to store their private keys to send, receive and spend digital currency under the Cardano Ecosystem.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
Flexa payment processor (Pure digital) has added support for the Cardano cryptocurrency ADA, bringing ADA to the network’s ever-growing list of available payment options.
Cardano ADA is now on Flexa. Flexa recently tweeted as follows: “Finally, Cardano’s local presence is live on Flexa. Now you can instantly spend your $ADA in over 40,000 locations across the US!”
In the announcement made by Flexa; SPEDN users can try instant ADA payments on the network. For example, to “enable digital currency payments for movies and more” to purchase tickets from Regal Cinemas, the American cinema chain that partnered with Flexa in late November.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
The first three phases of the Cardano roadmap, Byron, Shelley, and Goguen are now mostly deployed, enabling diverse ecosystem engagement and network growth. Major developments include full decentralization of block generation and full application coverage in Cardano, including data storage, asset creation and smart contract capabilities. Next year will take us first to Basho and then to Voltaire. Basho’s focus will be on scaling the network to billions of enterprise-level transactions, while Voltaire will focus on increased governance on the chain.
But before we look further, let’s take a look at our achievements and progress in 2021, a year of continued growth, technical innovation, community expansion and partnerships.
Reaching new milestones on the Cardano blockchain Throughout 2021, the Cardano ecosystem has reached several key milestones. These milestones have helped drive blockchain adoption and ultimately expanded our community to record numbers. Two areas in particular have made progress towards on-chain adoption and use:
Addition of Native Tokens – This new feature was enabled in March, Cardano allows trading and creation of multiple assets. As a third generation blockchain, Cardano has a unique design to have a multi-asset ledger.
Why is this important? – Cardano users can directly generate private tokens and execute transactions directly without the need for smart contracts. This offers distinct advantages for developers as it is a unified process for asset creation and management. For example, since the ledger handles all token-related functions, there is no need to create smart contracts to handle custom tokens, thus eliminating the added layer of complexity and the possibility of manual errors.
Smart Contract Capability – Alonzo Hard Fork brought programmability to Cardano in September 2021. It enabled the creation and deployment of Plutus-powered smart contracts, enabling us to prepare for our next technical era, Basho.
Why is this important? – It is now possible for developers to build decentralized applications (DApps) and decentralized finance (DeFi) use cases on the Cardano blockchain. This opened up the ecosystem to more opportunities for on-chain use.
These developments have led to rapid growth on the chain, for example we exceeded 23 million transactions in December! Community aggregators of Cardano projects estimate that there are about 274 projects currently in development or actively working on the network. These projects span a number of different industries, from insurance, payments, lending and borrowing to wallets, stablecoins, decentralized finance and decentralized exchanges.
Additionally, Cardano currently has more than 2.5 million native assets, of which more than 2 million are Fungible Tokens (NFTs).
There are many other success moments, some of which we highlight in the timeline below.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
At the Cardano Foundation, we want to empower the architects of the future. What better way to do this than by partnering with an organization that celebrates young leaders making a difference.
Our latest partner, Eco-Age, is a pioneering sustainability consulting agency spearheading the Renaissance Awards. Hosting the opening ceremony this October, the awards were split into four categories: environmentally reparative, socially equitable, economically inclusive, and technologically balanced. The recipients of the Renaissance Awards are activists from around the world who take action and proactively create solutions for the future we need. As part of the Renaissance Awards, Eco-Age decided to replace the physical figurines of mainstream award shows with non-replaceable tokens (NFTs) and chose Cardano’s blockchain for this innovative move.
Chosen by Eco-Age for its low-energy Proof of Stake consensus mechanism, Cardano blockchain was used to print 13 unique digital artworks. The digital art is based on five famous artworks by 16th-century artists, including Agnolo Bronzino, Giorgio Vasari and Cristofano Gherardi in Florence’s Palazzo Vecchio. As an added nod to a circular more sustainable economy, if a prize winner decides to sell their NFT, they will receive 100% of the profits, and a Cardano proof-of-stake smart contract will enable them to receive 50% of royalties from each future resale of Tokhun. . Marketplace forever.
Livia Firth, creative director and co-founder of Eco-Age, said: “Recipients of these groundbreaking awards will have the potential to benefit not just from one sale, but from every sale of future Renaissance Awards NFTs – now think about what. can help fund their work to make our world a healthier and happier place.
In the sixteenth century, young Renaissance artists transformed society and shaped the modern world. Today, once again, we see new young leaders delivering both social and environmental justice. We wanted to get to know these entrepreneurs and campaigners with more than just a trophy. By creating NFTs from Renaissance masterpieces, we show how the blockchain industry can be used to promote social good.”
Cardano Foundation CEO, Frederik Gregaard, concluded: “At the Cardano Foundation, we want to empower the architects of the future. The Renaissance Awards do just that, recognizing the incredible achievements of young activists with this unique NFT award. There’s so much potential in NFTs and we’re currently seeing exploration of what’s possible. It is extraordinary to think that the work of the Renaissance masters supported the rising activists through the youth activism renaissance.”
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
Cardano founder Charles Hoskinson wrote in his blog post that the Blockchain projects he is working on will be “as common as the internet and used by billions of people” in the future.
Charles Hoskinson wrote in his blog, “Our view is that these protocols will be as common as the internet and used by billions of people. This scale of adoption will take years to decades, not weeks to months, and it won’t be a meme project. It’s the long game that counts, after all. “
The number of addresses on the Cardano network staking ADA has grown to exceed one million even during the downturn in the cryptocurrency market that saw the domain lose over $400 billion in market cap.
Earlier this month, the network hit a milestone after processing 20 million transactions. Meanwhile, Hoskinson’s company Input Output Hong Kong (IOHK) is already preparing for future attacks on the Cardano network by quantum-powered opponents.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
Cardano (ADA) recently broke the price above the bear market angle on the inverted dot and shape chart. The Cardano price breaking above the bear market indicates that the Cardano bulls are now in control.
“Theoretical long trade for Cardano price is a buy limit order between $1.32 and $1.26, a stop loss at $1.18 and a profit target at $2.00,” expert analysts said in their analysis. Of course, it is necessary to act by considering all possibilities. The closure of countries or the spread of the disease due to Covid affects everything.
ADA/USD $0.02/3-box Reversal Point and Figure Chart (fxstreet)
We know that Cardano has a strong structure, and we are sure that it will make all Cardano lovers happy in the future.
FXStreet’s analysts
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
After El Salvador bought 21 more Bitcoins, El Salvador had 1141 Bitcoins (BTC). El Salvador’s President Nayib Bukele has made great gains by buying Bitcoin. But the people of El Salvador still have a reaction to the President.
El Salvador continues to buy Bitcoin (BTC) as Bitcoin drops. continues to increase its Bitcoin reserve by continuing to buy on the decline. El Salvador President Nayib Bukele announced on Twitter that his “government will receive 21 BTC to commemorate the 21st day of the 21st year of the 21st century.” A different perspective for buying bitcoin.
New Salvadoran President Nayib Bukele speaks after receiving the presidential sash during a swearing-in ceremony in San Salvador, El Salvador June 1, 2019. REUTERS/Jose Cabezas
He also posted the image of the receipt for the Bitcoin buy order on Twitter. El Salvador is the first country to recognize Bitcoin as its national currency. I guess as Bitcoin drops, El Salvador will continue to buy Bitcoin (BTC).
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
Elon Musk is trying to make Web 3.0 coins look negative this time around. Saying that he loves Dogecoin very much, Elon Musk, who made Dogecoin rise, does not stop vilifying other rising altcoins other than Dogecoin. Many writers write that Elon Musk is no longer taken as seriously as it used to be.
Elon Musk posted on Twitter a clip of the angel investor Jason Calacanis following Bill Gates’ old interview with David Letterman.
“I am not suggesting that Web 3 is real, it seems more like a marketing fad than reality right now,” Elon Musk wrote. I wonder if Dogecoin is a very advanced and constantly evolving altcoin in terms of technology? of course not. But Elon Musk is just a manipulator who likes to raise and lower Cryptocurrencies
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
It was announced by Waves Tech (Waves) that it will make a statement that will affect all cryptos today. We don’t know yet what that explanation is. But I hope the explanation helps cryptocurrencies to rise.
Statement by Waves Tech (Waves): “The moment has come, TODAY at 5 PM (CET) we will announce something that will have an impact on the entire crypto space. 🚀 We’ve been talking about this for a while, but today, you, our community, will be the first to know.”
⏰Today is the day we unveil something that will have an impact on the entire crypto space, a crypto revolution.🚀
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.
