Fundstrat’s Chief Strategist Predicts Bitcoin Still Has ‘Exponential Growth Ahead’

Fundstrat Global Advisors’ head of research says bitcoin still has “exponential growth ahead” of it. While acknowledging recent price swings of the cryptocurrency, the strategist emphasized that bitcoin has so far regained its losses in short periods of time. Bitcoin Still Has ‘Exponential Growth Ahead’ Fundstrat Global Advisors’ managing partner and head of research, Thomas Lee, talked about the outlook for bitcoin in an interview with CNBC Monday. Lee is a Wall Street strategist with more than 25 years of experience in equity research. Prior to co-founding Fundstrat, he was…

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The Future of Blockchain Interoperability Entering 2022

Developers have long mused over how they can further harness and take advantage of the ever-expanding blockchain industry.  September 2021 research asserts the worldwide blockchain market size eclipsed $3 billion in 2020, with estimates the ecosystem would swell in value to at least $104 billion in 2028.  These numbers are more impressive when considering that many blockchains have been growing in parallel without any communication or interaction with each other. Interoperability means two or more blockchains are able to communicate with each other to share and access data.  A number…

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Syscoin’s Smart Contract Chain Is Live!

The best of Bitcoin & Ethereum is now together in one place. Eindhoven, Netherlands, December 6th, 2021: Phase One of the NEVM launches is complete! Our Bitcoin-secured Layer 1 for EVM smart contracts reached mainnet on block 1,317,500, December 6th, 2021. With this upgrade to the Syscoin network, users can simultaneously enjoy all the benefits of Bitcoin’s POW security and the flexibility of smart contracts on a modular chain built to remain indefinitely decentralized, scalable, and affordable. Phase One has effectively laid the world’s most secure foundation for supporting all the…

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Japan to Propose Restricting Stablecoin Issuers to Banks and Wire Transfer Companies

Japan’s top financial regulator, the Financial Services Agency (FSA), is reportedly planning to propose legislation to restrict stablecoin issuance to banks and wire transfer companies. Crypto service providers involved in stablecoin transactions, including wallets, will also be brought under the financial regulator’s oversight. Japan to Tighten Stablecoin Regulation Japan’s Financial Services Agency (FSA) is planning to tighten the regulation of stablecoins by imposing strict rules on their issuers, Nikkei reported Monday, stating: The Financial Services Agency seeks to propose legislation in 2022 to restrict issuance of stablecoins to banks and…

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El Salvador’s President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin

The president of El Salvador, Nayib Bukele, has revealed that his country holds 44,106 oz. of gold in its reserves that has lost some value over the past year. He told gold bug Peter Schiff that if El Salvador had sold its gold and bought bitcoin last year, it would now be worth $125 million more. Bitcoin vs. Gold: El Salvador Could’ve Made Millions More Switching Reserves From Gold to Bitcoin El Salvador’s president Nayib Bukele has revealed some details of his country’s gold reserves in a conversation on Twitter…

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Berkshire’s Charlie Munger Praises China for Banning Crypto — Wishes Crypto Had Never Been Invented

Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says China did the right thing to “ban” cryptocurrencies, including bitcoin. He wishes that cryptocurrencies had never been invented, emphasizing that he will not participate in the crypto boom. He considers “this era even crazier than the dot-com era.” Warren Buffett’s Right Hand Man, Charlie Munger, Wishes Crypto Had Never Been Invented Berkshire Hathaway Vice Chairman Charlie Munger, often known as Warren Buffett’s right-hand man, talked about cryptocurrency Friday at the Sohn Hearts and Minds, Australia’s premier investor event. The…

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MetaWaferse | Building a Unique Metaverse Starting with $10,000 Airdrop via Gleam

MetaWaferse is already in its first $10,000 $WAFERSE airdrop via Gleam for users who can earn the most Gleam points. Built to operate as a metaverse, offering retail real-life-like experience to the users where the players can sell or buy land and run stores, MetaWaferse is creating a unique virtual space. The users can take up to five different roles while engaging with MetaWaferse.  MetaWaferse Metaverse World The core element of the MetaWaferse game is that it brings hospitality and retail experience to the metaverse space. Within the metaverse, users can…

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FBI Seizes Bitcoin Worth More Than $2.2 Million From Ransomware Affiliate

The Federal Bureau of Investigation (FBI) has seized bitcoin worth more than $2.2 million tied to ransomware payments. The cryptocurrency allegedly belongs to an affiliate of Gandcrab and Revil/Sodinokibi ransomware. US Seizes Bitcoin Worth Over $2 Million The Federal Bureau of Investigation (FBI) has seized almost 40 bitcoins from a Russian resident tied to Revil and Gandcrab ransomware, according to a court document unsealed Tuesday. The forfeiture complaint reads: The United States of America files this verified complaint in rem against 39.89138522 bitcoin seized from Exodus wallet … that is…

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Adidas Steps Into the Metaverse by Partnering With NFT Projects Bored Ape Yacht Club, Punks Comic

The German multinational corporation that crafts athletic shoes, sportswear, and accessories, Adidas AG is teaming up with the non-fungible token (NFT) brands the Bored Ape Yacht Club, and the comic series Punks Comic. Adidas revealed last week that the company partnered with Coinbase and believes the metaverse is one of the most “exciting” developments in digital. Adidas Partners With Bored Ape Yacht Club, Punks Comic, and Gmoney Adidas wants the world to know it is entering the world of blockchain technology and metaverse collectibles in a big way. On December…

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Reborn: GXChain Foundation Initiates a “Comprehensive Revolution” Proposal

GXChain Foundation initiates a proposal to revolutionize its brand, economic model, token distribution, and ecosystem cooperation on Dec. 2. “Since the mainnet was live in 2017, GXChain is always aiming to create a value network of trusted data. As a dominative public chain in the data field, GXChain 1.0 has been recognized by the global markets, and several phenomenal applications have been born on GXChain 1.0, which has successfully completed its historical mission. The revolutionary changes of DeFi in 2020 brought unprecedented changes to the blockchain industry, GXChain also decided…

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