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Litecoin Shows Signs of Imminent Rally, Based on Number of Active Addresses

Litecoin shows signs of an imminent rally in 2022, linked to the number of active addresses, similar to a pattern seen in 2017. However, the Reserve Risk and MVRV-Z metrics indicate an oversold state rather than an overbought state, painting a somewhat ambiguous outlook for 2022. Litecoin is showing the signs of another bullish trend,…

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Crypto Sponsorships Banned From Upcoming 2022 Indian Cricket Season

The BCCI does not want to allow these partnerships to occur, despite the International Cricket Council’s recent sponsorship deals with exchanges like FTX. The Board of Control for Cricket in India has banned Indian Premier League Teams from engaging in sponsorship deals with crypto exchanges. This will affect the lucrative advertising slots that Indian exchanges…

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Bundesliga Inks Two-Year NFT Deal, Waits for NFT Market to Mature

Sorare continues to add key commercial partners to its drive to become the world’s leading football-centric NFT platform. Germany’s top-flight football league, Bundesliga’s commercial arm, Bundesliga International, has signed a short-term partnership with Sorare, the football-centric NFT platform that boasts French footballer Antoine Griezmann as an investor, and FC Barcelona star Gerard Pique as a…

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PC Retailer Newegg to Accept SHIB, Starting From Black Friday Weekend

Newegg set to start accepting payments in SHIB, the world’s twelfth-largest cryptocurrency by market cap. California-headquartered electronics retailer Newegg is set to launch support for payment in Shiba Inu. The announcement was hinted at by Shiba Inu project lead Shytoshi Kusama in a Tweet from the Shiba Inu Twitter account and confirmed by a Newegg…

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On-Chain Analysis: Long-Term Holders Start Selling – Bitcoin Ready for Surge

Today’s on-chain analysis from BeInCrypto looks at indicators of the behavior of long- and short-term Bitcoin holders, the amount of supply they hold and the amount of (il)liquid BTC in circulation. The on-chain data shows that the market is at the end of the accumulation phase, which has historically been followed by increases in the…

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Discussion on Climate Change, Regulation, Tokenization at Blockchance 2021

At Blockchance 2021, Europe’s leading blockchain event, over 4,000 attendees meet to discuss climate change, regulation, and tokenization. Blockchance is also welcoming influential speakers such as Joseph Lubin, Co-Founder of Ethereum, Raoul Pal, co-founder of Real Vision and former Goldman Sachs Executive, as well as Michael Saylor, CEO of Microstrategy. On December 2-4, 2021, Blockchance…

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DeFi Deep Dive — DeversiFi: A DEX With All the CEX Upsides

Decentralized Exchanges (DEX) rise in prominence, but centralized exchanges still outrank them when it comes to users. DeversiFi aims to change that. Considering that cryptocurrencies rely on decentralized blockchain to power them, it doesn’t make sense that much of the crypt space relies on a few specific points of failure — centralized crypto exchanges (CEX).…

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Vitalik Buterin Proposes Short-Term Fix for High L2 Gas Fees

Ethereum co-founder Vitalik Buterin has put forth a proposal with Ansgar Dietrichs, a software developer for Ethereum. The proposal, called EIP-4488, is proposed as a short-term solution to the escalating gas fees experienced on Layer 2. The EIP4488 modification was suggested three days ago on the Ethereum Improvement Proposal GitHub repository by Buterin and Dietrichs.…

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El Salvador Bitcoin City: ‘Absurd Political Stunt by a Delusional Dictator’, Says Steve Hanke

Steve Hanke has criticized plans by El Salvador to build a Bitcoin city, calling the initiative an “absurd political stunt by a delusional dictator.” El Salvador’s President Nayib Bukele announced on Nov. 20 that he plans to build a city that runs entirely on bitcoin. The city will be constructed at the base of Conchagua…